FIRE Through The Mortgage - MF by 55 - LATEST
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Hating the redundancy process!:mad:
It's never ending :rotfl:Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535
Retirement Planning
Starting Position : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,5000 -
I want to be mortgage free!!!! This is a long slow road!!!Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535
Retirement Planning
Starting Position : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,5000 -
:rotfl: Aww! You'll get there, we promise!2023: the year I get to buy a car0
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I want to be mortgage free!!!! This is a long slow road!!!
What you need is a short term goal and forget about the bigger (mortgage) picture. What will you aim for this month 3 x 000's:) , 4 x 0000's:j or even 5 x 00000's:eek::D
Knot :rotfl: know what I'm talking about - see my signatureAlways have 00.00 at the end of your mortgage and one day it will all be 0's :dance:MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_Now a Part Timer from 27.10.190 -
I know I should set short term goals but I just can't bring myself to do it!!!
Getting made redundant in December so I think once I get a new job I will settle into it again and hopefully smash my targets altogether!
I really need to get my savings to work harder for me rather than sitting in the offset account because I have such a low interest rate but I need to put it somewhere I really can't touch it! I'm wondering about using the Life Time ISA for this 'mortgage' money. Really need to get organised!!!Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535
Retirement Planning
Starting Position : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,5000 -
I want to be mortgage free!!!! This is a long slow road!!!Made it to mortgage free but what a muddle that became
In the event the proverbial hits the fan then co-habitees are better stashing their cash than being mortgage free !!0 -
I know I should set short term goals but I just can't bring myself to do it!!!
Getting made redundant in December so I think once I get a new job I will settle into it again and hopefully smash my targets altogether!
I really need to get my savings to work harder for me rather than sitting in the offset account because I have such a low interest rate but I need to put it somewhere I really can't touch it! I'm wondering about using the Life Time ISA for this 'mortgage' money. Really need to get organised!!!
Also important - *why* is a short term goal so offputting? Any idea? Knowing that could be really helpful.2023: the year I get to buy a car0 -
I think I can't plan at the moment because I HAD redundancy threat hanging over me!
Now drum roll...... I know I'm getting made redundant, got the official letter and I'll finish up in Dec......woooohooooo! 3 years of waiting and it's finally arrived. So the good news is redundancy package will def keep me on target but can't get to excited about that until I get another job lined up!!!
Looked up rates for making my savings work better and the rates are awful!!!
Got a good eBay sale with £4 profit so that was a good wee earner!Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535
Retirement Planning
Starting Position : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,5000 -
Then a redundancy is good news! Excellent! Money rates are awful, aren't they, lots of mse-type wiggles required. You'll do it2023: the year I get to buy a car0
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Sorry about the redundancy Firegirl. Re savings I put £750 into my Nationwide Account for 3 months so qualified for their 5% reg saver account without having to switch main accounts. The good thing about it is that you can withdraw and then re pay in later that month. Good luck.MFW 91 op 2014 £410/1000
MFW 91 op 2015 £4051/4000
MFW 91 op 2016 £4040/4000
MFW 91 op 2017 £812/45000
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