Thursday, September 3, 2009

My First Entry - Crossroads of Poker Life

Hello and welcome to my blog. I am not too sure whether anyone will read this other than me, but I have promised myself to update it at least weekly, and most likely more often than that.

What am I hoping to acheive? Well it should allow me to get some perspective on my life at present and can also be a tool for me to revisit as time progresses toward a possible big change in my life. I also suppose that should the unlikely event arise and I hit the jackpot, well it could prove to provide some form of inspiration to others to follow in my footsteps?

Currently I am in a very well paying accounting job, which makes life quite comfortable. With a young family and no mortgage, life could not get much better one would think... but perceptions does not reflect reality unfortunately.

I have been laid off from senior roles too many times to mention, and unfortunately the way things are heading for my current company with a merger on the cards, it is likely to pan out the same way again.

As such, I have been hitting the hustings looking for a new role. Senior accounting appointments in Melbourne are few-and-far between at the moment, and realistically I may have to sit on the sidelines for a little while for me to find the right role.

In my personal life we bought an old house in an up-and-coming suburb in inner Melbourne, Australia, which is currently tenanted... providing a nice tax deduction as I borrowed the entire purchase price against it. One day soon we hope to knock it down and build something a lot more substantial, with a view to move the family into it for the next 15 to 20 years. This is going to cost a lot more than I currently have in the bank and an inevitable hefty mortgage will be required to build.

On my wife and I's current wages, servicing such a loan will not be an issue, even with two kids that we want to send to private schools. Of course it are my wages that contribute over 75% to the wage pool, and now you can see where my dilemma lies in reference to poker.

I will describe my poker background more in a future entry, however, for the purposes of this musing, it is safe to assume I get by on my skillset making a small profit and could realistically grind out a modest income if I was so-inclined, however, this would never be sufficient to service the dream house and lifestyle we live, or so I believe.

Therein lies where I am in my current thinking.

As such, believing that I am;

a) likely to be laid off in the near future,
b) unable to find the right job for the next six months and
c) likely to get a payout

That perhaps I should use this summer and the upcoming 2010 Aussie Millions, to find out if my skillset are good enough to perhaps consider a change in my life?

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