Project £20k: Holy F***!

Please note: this is an old post. I have been blogging for a really long time: since my childhood, in fact. Bear in mind that any opinions stated may have changed, any code snippets may no longer be considered safe or secure, and my personal circumstances are almost certainly different to what's contained herein. You have been warned...

I recently mentioned on twitter that I had successfully secured my domain with a .uk TLD, taking my total up to some 43 domains. Domains are cheap — little more than a bottle of wine — why worry about owning a healthy collection, right?

Except that therein lies a problem that I’ve clearly been ignoring for years: domains are only cheap one at a time. Much like when you go into the shop for a bottle of milk and spend a tenner on junk that you don’t need, buying domains forces your hand into renewing domains, the cost of hosting and in some cases the add-on of WHOIS protection for another couple of bucks.

As it turns out, I’ve been spending over £300 per year on domains. And then another £675+ on 3 different hosting accounts to keep each site live. Over £1000 of outgoing web-related costs for some 5 years or more. That’s a quarter of my Project £20k goal without even thinking about it. At over £83 per month it’s roughly a fifth of my monthly mortgage repayment, or a month’s shopping, or 2 days at nursery for one of the kids, or a month’s petrol, or anything way more bloody important than a bunch of websites that sit there taking up my time for sod all reward.

Holy fuck.

If I’m going to raise £20,000 I need to be saving more money than I spend and I’m not going to do that wasting money on half-arsed websites! After a little persuasion from Gaz, I cancelled 6 domains and listed 6 more for sale (to try and cover costs) on the namecheap marketplace – they’ll be cancelled if they don’t sell. I will probably cancel a handful more before the year is out. I’m merging two of my hosting accounts to bring the cost down by ~£200.

I am aiming to halve my yearly outgoing web costs and meet goal 9 of my 14 things for 2014 too. Wish me luck…

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3 comments so far

  1. Kristine said:
    On June 17, 2014 at 4:21 pm

    At first I didn’t get why people hoarded domains, but then I realized you built yourself a web empire over this past decade or so… But I think you made the right decision to sell some of your domains. I hope it works out for you!

  2. Raisa said:
    On June 18, 2014 at 6:19 am

    Wow, that really added up. I have four domains and I’m only using two. I keep telling myself I’ll make good use of them all so I don’t feel like I’m wasting money, but I don’t even know what to do with them. And I still want to register more. Meep.

  3. Kya said:
    On July 3, 2014 at 4:20 pm

    That is the hard part. They seem so pretty and cheap, and then when you actually calculate the cost, it gets pretty crazy.

    I hope you sell the ones you don’t need and merge everything with no trouble!


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