💬 ‘I am worried, and at times, flabbergasted, about the impact of rising costs on the business’ How I Manage My Money: Meet the vegan bakery owner earning up to £2.5k a month and facing soaring ingredient costs ⤵️
I pay myself between £25,000 to £30,000 a year from Cake or Death, so up to £2,500 a month. I have only been paying myself at this level for the last 18 months or so. In the first year of the business opening I earned £8,000.and most household bills, including, for instance, our gas and electric bills, which come in at £270 a month, our Sky Broadband and TV, which is £75 a month and council tax, which is £200 a month.
After finishing my education, I started a career in the non-profit sector. The most important part of my career was spent at PEAS, a charity that builds and runs schools in Africa. In my late 30s I began to think about a career change after spending 15 years in the same sector. Katie makes up to £2,500 a month from Cake or Death – the name of which came from an Eddie Izzard sketch
, and later transformed the business from a tiny wholesale cake supplier to one posting thousands of vegan letterbox brownies to customers all over the UK.that has always amused me. I asked Eddie if I could use the name and she said she thought it was a very bad name for a food business! We’ll know if she was right or wrong one day.
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