how i plan to pay my mum back by 2029

So as many of you know, I owe my mum quite

a lot of money, and this is mainly because

when my YouTube channel was getting more

views a couple years ago, 5 years ago, I

made quite a lot of money, good money,

and I didn't pay my taxes properly, and

they found out later. So I got hit with

massive tax penalty, and she helped me out

pay some of that back, or most of it back.

And then later I bought a very expensive

car on a finance contract without

realizing how much interest they were

going to charge me. I was getting ripped

off, and she agreed to giving me some

money so I could pay off the in full to

avoid these interest payments. So in

total, I owe my mum about £19,000. I think

I've borrowed probably nearly £30,000 in

total, but I've paid back, I think I've

paid back about £10,000. So I still owe

her about £19,000, which is quite a lot.

So I have a plan how I'm going to pay her

back. And it's kind of a complicated plan,

but I'll explain how it's gonna go. I've

actually had 2 plans and my second plan

has been a recent new plan and that

involves going to Thailand. But before, I

had a plan of going to Thailand, had this

first plan, and that was to stay here and

do YouTube and OnlyFans. And I was going

to make about £1,600, £1,700 a month minus

my expenses of about £1,300 or £1,400.

I would plan to have about £400 a

month left over, and I would put that into

a savings account or a stock investment

account, and I would try and build up

£9,000 as like an emergency fund. Now,

the reason why I wanted £9,000 is because

if I moved out of here or got kicked out,

I would have to find a new house to live

in and rent. Now the problem is, to be

able to rent a house like this, which

costs about £900 a month, I needed to have

an income requirement check of about

£28,000 or £27,000 a year. Now obviously I

don't make that much money a year. I only

make roughly £18,000 to £20,000 a year,

so I was short about £8,000. So the way I

got this place was they said it's okay if

I only make £18,000 a year if I had about

£9,000 in savings that I could prove that

I've got in savings to add to my income.

So I borrowed another £9,000 from my mum

so I could show them that I've got savings

of £9,000. I sent them statements and they

added it to my income and they said,

okay, that's good enough, and they let me

rent this place. The problem is if I get

evicted or kicked out or have to move out,

I would have to find a place similar to

this because I don't really want to live

in a crappy flat share with a bunch of

other people in a horrible town. I want a

nice house in a nice area with a driveway

and a garden. Those are my requirements

for my standards of living. If I can't get

those things, then what am I even doing

here? I might as well just go to Thailand

and live in a nice condo for half the

price. Why would I live in a crappy town

in the UK? So I thought if I was going to

move out, it would definitely have to be a

house of this quality. So to be able to

have a house of this quality again, I

would need another £8,000 or £9,000 in my

bank account to add to my income of about

£18,000 to £19,000 so I could rent another

place similar to this. So plan 1 was I was

going to pay off my Amazon credit card,

which is about £5,000, using my stock

money of about £4,500. And I've got

this plan, another plan of how I'm going

to increase my investments this month.

And I was going to sell my investments at

the end of this month to pay off the

Amazon credit card. And then once I've

paid off my credit cards, I will then

start using my additional savings after my

expenses here to slowly rebuild a £9,000

emergency fund. And I predicted that that

would take roughly a year and a half. So

after a year and a half, I would build up

the £9K funds. Now I wouldn't give any of

this £9K funds to my mum because I need

the £9K funds in case I need to move out

and prove to them that I've got £9K funds.

I mean, it would be pretty silly if I get

the £9K and then I give it to my mum to

pay her back, and then I need the £9K

funds to prove that I've got the funds,

and then I need to ask her to send me the

money back so I can prove I've got the

funds. So I would keep the £9K funds also

to generate interest and dividends in my

investment account whilst I generate more

money on top of that. So once I've got the

£8,000 to £9,000, I will then send her

monthly payments of whatever I've got left

over at the end of the month until I've

paid off the full amount. But I would

always have the £9,000 in my account as

like a buffer. So that was Plan 1. Plan 1

has been scrapped for Thailand Plan,

which is Plan 2, which has now become the

new Plan 1. So the reason why I've

changed, uh, the Thailand Plan to Plan 1

is because according to my calculations I

can save more money in Thailand. So with

Plan 1, where I was going to stay here,

um, it would have taken probably 4 years,

3 to 4 years to fully pay off my mum, and

that would be about 2029. With Thailand

Plan, I could pay her off much sooner,

probably in like 2027, maybe 2028.

Okay, so let me try and explain how

Thailand Plan is going to work and why

it's better. Now there's actually 3 plans

to the Thailand plan. Plan 1 is the most

optional— I mean, the most optimal plan is

to get the DTV visa, which is a 5-year

visa. Lets me stay half a year,

extendable up to a year per entry, and I

can just re-enter, re-enter as many times

as I want during the 5 years. So

technically I could stay for nearly the

entire 5 years continuously, just go leave

and enter the country again. Now this visa

only costs £300, which is extremely cheap,

and all you've got to do is prove that

you've got £11,000 in your bank account or

500,000 and also prove that you are a

remote worker. So I'd have to show them my

YouTube income, my YouTube earnings. And

this would be the best visa because it's

the cheapest, only £300, would let me live

there in Thailand for about 5 years. But I

am a bit worried, like, what if my YouTube

income is— I mean, it should be good

enough, I'm pretty sure it's good enough.

And what if my YouTube thing doesn't count

properly as remote work? That's what I'm

worried about, and I don't get approved

for it. So that's the best plan, but first

I need 11K. So the second plan for

Thailand plan would be to get the Thai

Elite Visa, which is a lot easier to get,

I think, if you pass the background check.

So they're going to do a criminal

background check. I've actually applied

for it already and they're doing it now.

And then once you've been approved for

that, you can then go on to actually

paying for it, and it's £15,000— £14,700—

and you don't get the money back. That's

how much the visa costs. The entire visa

is £14,700. So obviously it's a lot more

expensive than the DTV, but you do get

privileges like you get picked up from the

airport with a limo, you get VIP services,

and you also don't have to keep leaving

the country to live there for 5 years.

And also the office handles immigration

stuff, so you don't have to go to

immigration and waste all day doing it

yourself. Now obviously this is very

expensive, and if I got the money of $15K,

I would then not have it anymore. And then

plan 3, which is like last-ditch attempt

plan if those first 2 visas fail, I just

go there as a tourist. I can stay there

for 60 days, and whilst I'm there for 60

days, I'll then start applying to schools

and get a visa for a year like I did, uh,

2 years ago, which was pretty easy. It

only cost £1,000. You can stay there for a

year. The catch is you have to go to

school every day for a few months, which

is a bit annoying, but I guess you could

meet people that way. So anyway, let me

explain plan 1. DTV visa, very obvious,

£300 easy. I've got that. Now for the £11K

savings, I sell the car for like £8K, I

pull out my stocks, £4K, I've got £12K.

I've got the £11K savings easy. I show

that, I get approved, I get the visa. Now

I don't have to spend the £11K. I can now

pay back the credit cards of about £6K and

still have about £7K or £8K left over.

And now I could pay back my mum £8K and

wipe out half the debt straight away. And

then I will have no credit card debt. I

only owe my mum about £10K, and I will be

now able to live in Thailand. And all I've

got to do is book a flight ticket and a

taxi to the airport, and I have cheap

living expenses of about £500 or £600 a

month, which I know for sure because I

lived in Thailand for 2 years before. And

yes, I did spreadsheet my earnings and

expenditures, and it was about £700 or

£800 a month in Thailand, but back when I

had a girlfriend and we traveled a lot and

I paid for a lot of our food. So this time

it's just been me on my own. I'm not

really going to do like long travels to

hotels and stuff. So I reckon I'll be

saving a lot more money than I was last

summer living in Thailand. The problem

with this plan is that if I pay my mum

back the remaining money I have left over

from the car sale and the stocks, I won't

have any savings. I won't have any

emergency fund. I won't have any savings I

won't have any debts with credit cards

either, but it's kind of scary to be in a

foreign country and not have any savings

at all. And yeah, I know in a few months'

time, if my plan goes to plan, I will be

able to save up more money to quickly

rebuild a couple thousand pounds in

savings. But you never know, plans don't

always go to plan, so it's nice to have an

emergency fund. So what I do is I'll

probably just give her a couple thousand

out of the remaining money and then keep

£5,000 for myself to rebuild my stock

portfolio and to start having more of a

financial sense of security. So the

problem with the second plan is with the

Thai Elite Visa, I would have to basically

use all of the money I have— the car

money, the stock money, and then a couple

thousand pounds pulled out my credit card.

So I would have to go into massive credit

card debt. I wouldn't be able to use the

stock money to pay off the Amazon credit

card of £5K. I would then have to go into

further credit card debt. So my credit

card debt will be like £7K or £8K. I

wouldn't have any money left over from the

car sale to pay back my mum, and I'll have

no savings. So I mean, I have a 5-year

visa in Thailand with VIP add-ons and

perks, but I have no savings. I'll be in

£7,000 or £8,000 more credit card debt—

well, actually just a couple thousand

pounds more credit card debt. I won't have

the stock money anymore to pay off the

Amazon card. So now I have to hope and

pray that I'm gonna make— gonna be able to

save a lot of money in Thailand within the

next year to quickly pay off these £7,000

or £8,000 in credit card debt and then

start paying off my mum, which could take—

if I'm saving about £800-900 a month in

Thailand, it could take 2 years. So

Thailand plan, probably be able to pay

back my mum fully in 2027, compared to

staying in the UK plan, might be able to

pay her back by 2029. So Thailand plan

requires more money up front to get it

going, but then once I've got it all set

up, I will then start raking in the money.

I've just got to get the visa sorted out

and set up. That's the main hurdle. A UK

plan, uh, no upfront money because I've

already set myself up here. I've already

paid all the stuff to get myself situated

here, but, um, expenses here are so

expensive I'm barely saving any money at

all at the end of each month. So yeah, I

could sell the car and have £8K, but then

I'm not going to be able to build any

wealth because it's so damn expensive to

live here. It's like £1,000— I think I

calculated my monthly expenses with

everything included, income tax, council

tax, road tax, all that plus my rent and

utilities, it came to about £1,500,

£1,600 a month. I barely make that myself

from YouTube and OnlyFans. So I'm not

going to be able to save any money. So to

be able to pay off the remaining £10,000

or £11,000 I owe my mum after selling the

car, I don't know how long that will take.

It'll probably take forever because I

won't be able to make like £100 extra a

month after expenses. So it's just not

going to work. There's also other problems

with staying in the UK. For example, I

feel very isolated. At some point I'm

going to want to look at dating and being

on the sexual marketplace once again to

look for a new woman. If I was going to do

that, I would rather be in Thailand to do

that. In Bangkok, it's a bigger city,

it's more people. I have more appeal as

a foreigner in Thailand than I do as an

Asian-looking guy in England. Let's face

it, I don't think Asian guys are super

popular in England, especially in Devon in

the middle of nowhere where most of the

people here are pensioners. So it's not

really going to be a very good place for

dating. I think I'll have a much better

chance And I am much more appealing and

attractive as a foreigner from England in

Thailand. So I would have much better

chance of dating in Bangkok. And also

winter. Winter is very cold in the UK and

winter lasts probably half the year,

probably from November-ish until— I mean,

I was still cold in May this year, May or

April. I was still freezing cold wearing

jumpers and stuff. So half the year is

cold, especially in dead of winter. It's

so cold, it's freezing. I need my heating

on all day long if I'm going to be at home

with the heating on. On all day long,

electricity bills are going to spike to

like £250. I swear I was paying £200

electricity when I first moved into in

February, March. So I'd be in here all day

long with heaters cranked up and the

electricity would be so expensive compared

to— well, on top of what I'm already

paying, it'll be like an extra £150 on top

of what I'm already paying for half the

year. So going to Thailand, it's warmer,

it's nicer. I got a swimming pool in my

condo, people are nicer. I just feel like

being in a big vibrant city would be more

interesting. Since I'm now single. If I

had a girlfriend, living here would be

nice because then, you know, I could pick

her up in my car, we can go on dates,

visit places, chill out in my house. So I

wouldn't really care. But I don't have a

girlfriend anymore, so my whole life

situation has changed. I think being

single, um, would be better in Thailand

because it's just warmer, cheaper, more

access to women because it'd be in a city.

And it's a very nice city and it's pretty

cheap compared to other cities. And some

people have been saying that I would not

be able to stay in Thailand for 5 years,

I'm gonna get bored, I'm gonna ditch the

visa. And yeah, I can kind of imagine that

happening. And the good thing about the

DTV visa is that it's only £300, so it's

very low upfront cost to get it. And also

the perks of being in Thailand would be I

could just rent a very cheap place and

then go to Japan or any other Asian

country nearby. Because Japan's so close

by to Thailand, I could easily just hop on

a plane for a couple hundred pounds, go

and spend a month or two in Japan when I'm

fed up of Thailand and then go back to

Thailand and not have to move out of my

apartment because it'll be extremely

cheap, like a couple hundred pounds a

month. And I just hop over to Japan or

maybe Korea or Taiwan or anywhere I want.

All of Asia is nearby. I'm not really

interested in traveling to Europe or North

America or South America because I'm just

not interested in those places. But I

would be interested in traveling around

Asia and having Thailand as a home base to

do that in and be able to go back to

Thailand as a home base would be pretty

nice instead of having to come back to the

UK as a home base, which is very far away.

So plane tickets from England to Asia

would be like £600-£700. Tickets from

Thailand to Asia would be like £100-£150

at most. So even if I do get bored of

Thailand, which I guess could happen, I

could always just take a short trip over

to a different country like Japan,

Okinawa, Taiwan. It depends what I feel

like really, or who I end up talking to or

meeting. So I feel like, yeah, maybe I'd

get bored of Thailand, but there's other

options. And now I have this extra money

from being able to save it in Thailand.

I'll be having more choice, more choices

when it comes to being able to just pack a

backpack and go traveling somewhere if I

do get bored. Now, if I get bored with the

5-year Thai Elite Visa and I ditch it and

I go back home to my mum, now that would

be a massive waste of money, and I would

really not want that to happen. And I

don't see why that would happen unless for

some reason my online income completely

dried up, and I guess that is a risk. So I

am trying to diversify my income a little

bit by Well, I've applied to kick.com to

become partnered and get monetized, so

hopefully that works. And then I'll stream

on Kick as well in case YouTube fails. So

those are my plans. Let me know what you