on Daily Blog Tips:

What do you do when you have another brilliant idea? You buy the domain name before anyone else has the same brainwave.
One year later when renewal reminders start coming in, you realise it wasn’t such a good idea in the first place. The cost of your renewals comes to hundreds of pounds a year.
Crazy.
It’s time to take back control.
(Be sure to also check out the 13 recommended articles at the bottom of Mark’s post)