Thursday, October 15, 2009

Metal Detector Challenge Week 1 Summary

The essence of this Challenge (besides having fun) is to attempt to live on money only derived from Metal Detecting. I ended Week 1 $94.72 in the black which sounds great in theory. A few things to note... I started the Challenge with 3/4 a tank of fuel. I am now down to half a tank. A refill is normally around $60 which I did not need to worry about this week. Also, without the extra $100 I made recovering Marty's lost ring, I would be around $5 in the red. I have kept outgoings very simple, leaving these to just rent, food and petrol. I could be more realistic about this and include expenses such as Pay TV/Phone/Internet/Mortgages/Electricity etc etc, but this begins to complicate things. And I do not particularly want to air my financials publicly.
So what have I learnt from Week 1 of the challenge?? Firstly, it is physically exhausting. I make a living sitting in front of a computer. So this is a huge shock to me. Actually it was such a shock to my body that I ended up with a pretty bad flu. I really need to man up! Second thing I am struggling with is budgeting. My partner and I normally go out for dinner a couple of times a week. And I pretty much go out for lunch/beers every day. I am beginning to miss this already, and am tired of eating the boring food in my pantry. But that aside, I am really enjoying the Challenge, and looking forward to Week 2.
Week 2 is going to be different. I won't be hunting parks or sand, I will be using the Excalibur II(water detector) to search for deep gold and silver rings. I figure I just need to find 9 grams of 18K Gold to equal the amount of coins found during Week 1. Wish me luck :)

1 comment:

  1. Mate

    Hope you don’t find the water detecting to physical, wonder if it would have been worth hitting the water in the first week when you were just starting out, ….keep it up and best of luck.

    Mike

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