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  • FIRST POST
    • Karmacat
    • By Karmacat 16th Jan 14, 7:37 PM
    • 26,541Posts
    • 140,119Thanks
    Karmacat
    Breaking Through, Travelling On
    • #1
    • 16th Jan 14, 7:37 PM
    Breaking Through, Travelling On 16th Jan 14 at 7:37 PM
    Hello

    I think a few people on this board know me already, from the dfw board

    I really need the focus of an mse diary - debts are all paid off, except for about 40% of a French mortgage - but income has been declining, and is currently pitiful. And without a diary, I've lost focus on getting the best deal for the things I *do* need to spend out on, like insurance, and Christmas train tickets, that sort of stuff. So I've come back properly after pootling about on other people's threads, and on general threads too, to be fair

    The focus is so that I can replace lost income - so that I can have a holiday of my choosing, for instance - and stopping digging into my savings for ordinary living expenses would be nice too Its also so that I can get my pension up beyond "miserable penury" - its kind of urgent, as under the system that lasted till about 15 years ago, I'd be retiring at the end of this year But I'm not, sadly. The aim is to retire in July 2016, when my younger sister retires, with a reasonable pension.

    One complication in earning more is that between arthritis, energy issues and the need to stay available to what clients I have, I can't / don't want to, take a second job. So more income has to be through other work - patchwork, portfolio, call it what you like (I know I do ).
    Retired August 2016

    Goal: earnings of £25k from new opportunities from September 2016 to December 2020 when my state pension kicks in.
    Currently: 86.53/25,000
    Save
Page 254
    • misscousinitt
    • By misscousinitt 11th Oct 16, 9:20 AM
    • 3,363 Posts
    • 18,958 Thanks
    misscousinitt
    A lot achieved yesterday KC - try not to over do it! You have plenty of time.

    MCI x
    Mortgage Free x 1 03.11.2012 - House rented out Feb 2016
    Mortgage No 2: £99,090.90 (08.11.2016)
    OP's to Date £2000

    Renovation Fund:£944.75; Kitchen Fund (including re-wiring): £notalotleft; Roof Fund £5000.00
    Nectar Points Balance: £35.49
    • Karmacat
    • By Karmacat 11th Oct 16, 9:56 AM
    • 26,541 Posts
    • 140,119 Thanks
    Karmacat
    I faffed about on the computer as well in the evening

    There are two things driving me, really - that I lost so much time over the last few years being ill, and also that the noise from the neighbours is worse than ever. It doesn't disturb me as much as it used to, but I really, really don't like it, and I'd quite like to make my fortune, a la !!!! Whittington (i.e. much more than my target currently in my sig ) and move to a detached house, for which I need another £100k minimum

    To that end:
    - just done a foraging blog post
    - am trying to pay my French taxes online (always a trial navigating that in French!) sticking with that.
    - changed a lightbulb, but it still flickers - the downstairs electrics weren't updated when I moved in here, I think there may be more expense to come but totally necessary if so.

    But you're right, MCI, pacing is all. Next week, I'm going to a Sound Healing Group, run by my widower friend, he's trained up on that all over the world, and he's starting it up again next week. I love chanting, and singing bowls, as well as circle dancing, so we'll see. I'm very hopeful.

    And I will take care, I promise!



    ETA - the Whittington thing! His first name abbreviated. Begins with D. Censored automatically
    Save
    Retired August 2016

    Goal: earnings of £25k from new opportunities from September 2016 to December 2020 when my state pension kicks in.
    Currently: 86.53/25,000
    Save
    • Karmacat
    • By Karmacat 11th Oct 16, 10:18 AM
    • 26,541 Posts
    • 140,119 Thanks
    Karmacat
    figured out the French tax payment once again - very simple made a note of it now, so I don't have to reinvent the wheel next year
    Retired August 2016

    Goal: earnings of £25k from new opportunities from September 2016 to December 2020 when my state pension kicks in.
    Currently: 86.53/25,000
    Save
    • beanielou
    • By beanielou 11th Oct 16, 10:24 AM
    • 44,825 Posts
    • 155,284 Thanks
    beanielou
    Chanting is good.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • carbootcrazy
    • By carbootcrazy 11th Oct 16, 2:06 PM
    • 3,044 Posts
    • 17,627 Thanks
    carbootcrazy
    What an uplifting thread this is, KC. Your joie-de-vivre is truly contagious


    As a detached house dweller I'd like to offer a word of caution. To a certain extent your home will be kept warm by any others that adjoin you. Every wall in a detached house has to fend for itself so to speak heating wise and you are more exposed to outside temperatures. If it's an old house like ours without cavity walls it can result in higher heating bills and still never seem cosy. At least we haven't the bother of noisy neighbours though. You win some you lose some I suppose.
    Last edited by carbootcrazy; 11-10-2016 at 2:33 PM.
    Make £10 A Day Challenge 2016: Jan-Nov:£2787.65: Dec:£24.00
    3-6 Months Emergency Fund Challenge #12: £620.00/£3000

    Original Debt: £56804 (@ LBM 02/13). Paid (on DMP): £29917. Balance: £26887
    Over halfway
    • Verbatim
    • By Verbatim 11th Oct 16, 2:26 PM
    • 4,243 Posts
    • 11,622 Thanks
    Verbatim
    A whole hour in the garden KC. I'm impressed!
    I actually did a little bit in mine today but not sure how long. Came in (dead on one as it happens, just in time for WatO) when I felt I'd had enough. Must try and make it a regular occurrence.
    Glad your mojo is firing on all cylinders.
    CCs @0% £24k Dec 05 £19,621.41 Au £13400 S 12600 Oct £11,981 £9481 £7500 Nov £7250 D £7100 Jan 6950 F £5800 Mar£5400 May £4830 June £4660 July £4460 Aug £3200, S £900, £0 18/9/07 DFW Nerd 042
    • Cheery Daff
    • By Cheery Daff 11th Oct 16, 9:00 PM
    • 7,037 Posts
    • 32,760 Thanks
    Cheery Daff
    Ooh, I do love an ambitious plan And I do hate a pesky neighbour Do you need an extra 100k KC? Would a bit less do you for a bungalow type thing? I have no idea about house prices in your neck of the woods I confess We looked at a bungalow when we first started looking at houses, I loved it Loved the way you could walk all the way round it in the garden, and reach up onto the roof I could have been quite happy living there if it was in an entirely different location, and I would have been living on my own as Mr Cheery really didn't like it at all I do quite understand your desire for a detached house though - CBC I hear your warning but I'd rather have to put an extra jumper or three on! You do indeed win some and lose some.

    Glad you got out into the garden
    Saved for house move: £8420
    • earthgirl
    • By earthgirl 11th Oct 16, 9:43 PM
    • 1,989 Posts
    • 16,102 Thanks
    earthgirl
    Kc thanks for all of your optimism which is inspirting. Hope you reach the right decvision for you regarding the neighboring people. Have you had the sound levels checked? Could they be less noisy? Xx
    15/5/12 Paid off Mortgage 1 (£220k)
    Dec 13 - £116,508 Bought Dream House
    Dec 14 - £94, 402 (£22,106 offset in 2014)
    Jan 16 - £67, 852 (£26,550 offset in 2015)
    Sept 16 - £37,429.63 (£30,422 offset so far in 2016)
    Kids savings 11.8/36k
    • Karmacat
    • By Karmacat 11th Oct 16, 10:08 PM
    • 26,541 Posts
    • 140,119 Thanks
    Karmacat


    Thanks all! CBC, I know what you mean about the greater heat loss from a detached house, but if I really managed to do it, it'd be a modern one. Insulation, and all that, and really, I'd rather have a slightly higher heating bill than my neighbours. It's a dream, really, but *somebody* has to sell lots of kindle books, and it might as well be me

    Modern houses can look a bit boxy and soul-less, but this town is quite hilly, and the well-established neighbourhoods full of trees both add a lot of character. They're my preference, in any case.

    I wouldn't do a bungalow, Cheery, and weirdly they're actually *more* expensive round here - whether its because of the ageing population, or the way you can add value by adding another storey, I don't know, but thats what happens

    In the garden, I'm still fighting more freshly-rooted brambles, as well as rescuing some lovely garlic bulbs I never harvested and because the soil is so heavy, they've gone some very funny shapes, as well as some not forming cloves, poor little things. My plan for a small raised bed looks better and better.

    As well as the garden, I walked to our library (30 mins each way!) and though I had a long rest I'm very nearly back to where I should be, health wise

    I met the mother in the noisy-neighbour house too. Thing is, they're not *really* that noisy: somebody plays a radio very late and very early, yes, but its nearly always very quiet (they have the windows open, and you can't hear it on the street, it doesn't blast out). I've come to the conclusion that the soundproofing between the houses is extremely poor - I can hear a normal cough next door, if I'm sitting reading, for instance. They never hear me, because even when I'm being quiet, they still have the three dogs

    I've got to get writing, first! I'll be doing some for the next few days, not just researching, then a trip out on Friday (when the rail strike ends).
    Retired August 2016

    Goal: earnings of £25k from new opportunities from September 2016 to December 2020 when my state pension kicks in.
    Currently: 86.53/25,000
    Save
    • beanielou
    • By beanielou 11th Oct 16, 10:35 PM
    • 44,825 Posts
    • 155,284 Thanks
    beanielou
    I love my wee bungalow
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • Karmacat
    • By Karmacat 11th Oct 16, 10:41 PM
    • 26,541 Posts
    • 140,119 Thanks
    Karmacat
    Ooh, Beanie, tell me! I have two strikes against bungalows ... one is that since there are more spiders downstairs, a bungalow will have more spiders sorry, my ex-phobia is showing and the other is that in a flood, there's no upstairs to retreat to - my mum is on the edge of a flood area (50 yards away!) and if she was in a bungalow, I'd be really, really worried.

    Don't mean to worry **you** oh dear. But I'd love to know what you like about it, seriously.
    Retired August 2016

    Goal: earnings of £25k from new opportunities from September 2016 to December 2020 when my state pension kicks in.
    Currently: 86.53/25,000
    Save
    • beanielou
    • By beanielou 11th Oct 16, 10:45 PM
    • 44,825 Posts
    • 155,284 Thanks
    beanielou
    I like everything about it.
    Always wanted to live in a bungalow when I was wee and am lucky enough to be able to do so.
    No stairs. Easy access to the facilities, reasonably easy to keep. Reasonably easy to heat.
    Love love love it.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • edinburgher
    • By edinburgher 12th Oct 16, 9:21 AM
    • 10,090 Posts
    • 52,646 Thanks
    edinburgher
    KC, are you actually drawing any pension money yet? If so, remember that you can still pay in £2880 into a pension which will be grossed up to £3600. A free £720/year for your £25k target? The suggestion does assume that a) you have a spare £2880 a year and b) that you will be able to structure your withdrawals at the other end to avoid paying tax...

    Also, sure you've said, but do you have max qualifying years for state pension?
    • ZTD
    • By ZTD 12th Oct 16, 9:49 AM
    • 22,979 Posts
    • 39,092 Thanks
    ZTD
    Ooh, Beanie, tell me! I have two strikes against bungalows ... one is that since there are more spiders downstairs, a bungalow will have more spiders sorry, my ex-phobia is showing
    Originally posted by Karmacat
    That's strange, most of my spiders are upstairs. Sounds like you have lazy ones which don't like to climb...

    and the other is that in a flood, there's no upstairs to retreat to - my mum is on the edge of a flood area (50 yards away!) and if she was in a bungalow, I'd be really, really worried.
    Originally posted by Karmacat
    That only applies if you live somewhere really flat at the bottom of a river valley. I have bungalows opposite me. They're not going to flood...
    "Follow the money!" - Deepthroat (AKA William Mark Felt Sr - Associate Director of the FBI)
    "We were born and raised in a summer haze." Adele 'Someone like you.'
    "Blowing your mind, 'cause you know what you'll find, when you're looking for things in the sky."
    OMD 'Julia's Song'
    • Karmacat
    • By Karmacat 12th Oct 16, 10:24 AM
    • 26,541 Posts
    • 140,119 Thanks
    Karmacat
    I like everything about it.
    Always wanted to live in a bungalow when I was wee and am lucky enough to be able to do so.
    No stairs. Easy access to the facilities, reasonably easy to keep. Reasonably easy to heat.
    Love love love it.
    Originally posted by beanielou
    Aw! I'm really glad you got one then thats lovely.

    KC, are you actually drawing any pension money yet? If so, remember that you can still pay in £2880 into a pension which will be grossed up to £3600. A free £720/year for your £25k target? The suggestion does assume that a) you have a spare £2880 a year and b) that you will be able to structure your withdrawals at the other end to avoid paying tax...
    Originally posted by edinburgher
    I'm not drawing pension, thats true. And I have funds on tap I can use to pay in the £2880, hurray. I'm sure I can structure my withdrawals to avoid tax - I don't know the details at the moment, pension rules seem to change so often I haven't faffed about with it much, but I'd bet a large sum of money on it Thanks for reminding me of that

    Also, sure you've said, but do you have max qualifying years for state pension?
    Yes I do, Ed, thanks https://www.gov.uk/state-pension/eligibility I checked here again just in case. 30 years - I've been working from when I was 22 to now, age 61. I had two years when I didn't work for 3 months, both of them by choice (I was pootling around doing fun stuff ) but I was still paying NI anyway.

    That's strange, most of my spiders are upstairs. Sounds like you have lazy ones which don't like to climb...
    Originally posted by ZTD
    Some come down from the loft hatch, it's true ... I'm not going to think about your statement, la-la-la-la- ... can't hear you.

    That only applies if you live somewhere really flat at the bottom of a river valley. I have bungalows opposite me. They're not going to flood...
    In my little town, the pensioners' bungalows are sort of jutting into the edges of the flood plain of the local stream, which is a healthy little beggar that rises by ten feet or so when there's been heavy rain. I haven't seen it overflow its banks yet, but that stuff happens, quite near me http://news.bbc.co.uk/local/sussex/hi/people_and_places/history/newsid_8330000/8330270.stm

    I wouldn't live there, and ... dunno, I suppose I'm the opposite of Beanie, I just don't fancy bungalows. I wouldn't want a ground floor flat, either, just my choice really.
    Save
    Retired August 2016

    Goal: earnings of £25k from new opportunities from September 2016 to December 2020 when my state pension kicks in.
    Currently: 86.53/25,000
    Save
    • Karmacat
    • By Karmacat 12th Oct 16, 10:29 AM
    • 26,541 Posts
    • 140,119 Thanks
    Karmacat
    October's Financial To Do List
    This isn't a list for today, or even for this week - but I do want to take these five steps by the end of the month. Will be printing out this post.

    1 Leeds Building Society and Virgin Money both pay good percentages on Regular Savers.

    2 Nationwide and TSB ditto on current accounts, if you pay in regularly. Like Goldie has, you could set up standing orders to push the same money around, for no extra cost.

    3 TalkTalk: I get unlimited broadband and unlimited landline phone calls from them, they sent me a letter about beating their price rises and its in Martin's weekly email too. Take action!

    4 unlocking mobile phone, I have EE and I could save a little bit by going to giffgaff as MvM did. Check how to unlock, alternatively check whether the unlocking charges have disappeared.

    5 as per previous post, pay in £2880 to pension. Transfer that pension fund into cash, leave the others as shares etc.
    Retired August 2016

    Goal: earnings of £25k from new opportunities from September 2016 to December 2020 when my state pension kicks in.
    Currently: 86.53/25,000
    Save
    • ZTD
    • By ZTD 12th Oct 16, 12:01 PM
    • 22,979 Posts
    • 39,092 Thanks
    ZTD
    Some come down from the loft hatch, it's true ...
    Originally posted by Karmacat
    Do you not close your loft hatch? I saw one in the bathroom the other week. I have the window locked ajar there for ventilation. Wowsers - it must have had to sucked its chest in to make it through the gap...

    In my little town, the pensioners' bungalows are sort of jutting into the edges of the flood plain of the local stream, which is a healthy little beggar that rises by ten feet or so when there's been heavy rain. I haven't seen it overflow its banks yet, but that stuff happens, quite near me http://news.bbc.co.uk/local/sussex/hi/people_and_places/history/newsid_8330000/8330270.stm

    I wouldn't live there,
    Originally posted by Karmacat
    I wouldn't live on a flood plain full-stop. If you need somewhere flat, there's plenty towns built on the top of a hill.

    1 Leeds Building Society and Virgin Money both pay good percentages on Regular Savers.
    Originally posted by Karmacat
    Be aware that although most regular savers are limited to a year, the Leeds one is not. That means you can get that interest rate on two, three, etc years savings. However, it does come in "editions" - once this edition stops, you have to start from scratch in the next edition.
    "Follow the money!" - Deepthroat (AKA William Mark Felt Sr - Associate Director of the FBI)
    "We were born and raised in a summer haze." Adele 'Someone like you.'
    "Blowing your mind, 'cause you know what you'll find, when you're looking for things in the sky."
    OMD 'Julia's Song'
    • gallygirl
    • By gallygirl 12th Oct 16, 12:17 PM
    • 16,026 Posts
    • 105,200 Thanks
    gallygirl


    I met the mother in the noisy-neighbour house too. Thing is, they're not *really* that noisy: somebody plays a radio very late and very early, yes, but its nearly always very quiet (they have the windows open, and you can't hear it on the street, it doesn't blast out). I've come to the conclusion that the soundproofing between the houses is extremely poor - I can hear a normal cough next door, if I'm sitting reading, for instance. They never hear me, because even when I'm being quiet, they still have the three dogs
    Originally posted by Karmacat
    I'd caution against a detached house, noise wise. If you're a semi, or terraced, and you hear noises at night it must be the neighbours. If you're in a detached house and you hear noises then it MUST be the mad axe-murderer coming to get you. No other option . Or is it just me that thinks that .
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    Mortgage Balance = £0
    "Do what others won't early in life so you can do what others can't later in life"
    • Karmacat
    • By Karmacat 12th Oct 16, 1:37 PM
    • 26,541 Posts
    • 140,119 Thanks
    Karmacat
    Do you not close your loft hatch? I saw one in the bathroom the other week. I have the window locked ajar there for ventilation. Wowsers - it must have had to sucked its chest in to make it through the gap...
    Originally posted by ZTD
    Yes, but its one of the many bodges in this house ...

    I wouldn't live on a flood plain full-stop. If you need somewhere flat, there's plenty towns built on the top of a hill.
    Well, thats true. I think the last word on the subject might be that I don't really want to live in a bungalow anywhere, I just don't fancy it. Sorry Beanie!

    I'd caution against a detached house, noise wise. If you're a semi, or terraced, and you hear noises at night it must be the neighbours. If you're in a detached house and you hear noises then it MUST be the mad axe-murderer coming to get you. No other option . Or is it just me that thinks that .
    Originally posted by gallygirl
    You had me going there

    Been writing and backing up. Rain has stopped, sunshine is here, I'm off out

    Save
    Retired August 2016

    Goal: earnings of £25k from new opportunities from September 2016 to December 2020 when my state pension kicks in.
    Currently: 86.53/25,000
    Save
    • edinburgher
    • By edinburgher 12th Oct 16, 1:44 PM
    • 10,090 Posts
    • 52,646 Thanks
    edinburgher
    I need to get back into backing up, but updates for Windows 10 seems to have killed my (almost new!) external drive. Giving some thought to swapping my mahoosive laptop out anyway, will probably switch to a fancypants network-attached storage solution that backs up a much more modest laptop (in terms of spec and dimensions). Mrs E's brief is that any replacement has to fit into a small drawer (kitchen drawer, that sort of thing).
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