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Lucielle's daring debt free journey
Comments
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hi Lucielle glad you are all safe and it is now resolved
well done on your payment - still going in the right direction!Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
5) SIPP £5K updated 10/10/250 -
Been for weigh in and have put half a pound on. Probably deserved as I haven't tracked this week but been incredibly hungry. DS2 has come home with great results for his SATs not that I really rate them but as a reward he has been allowed Face book which he is well chuffed with. DD1 (I hate her at the mo, in a nice way) has been invited to go on holiday with one of her friends to Turkey. We have said yes so the pressure is on to pay for DS2s ski trip, passport, spends, her spends and a contribution towards the holiday even though they have said they will pay for it.
This has made me think about our lifestyle and I'm a bit down about it. I have decided that come September we are going to book an all inclusive for next year. DS1 will be 16 and he hasn't been abroad with us since he was tiny. Hope we are doing the right thing as the money could be put towards the debt. The other (horrible way) of looking at it, that I won't have the old boy come September and his money can go towards it. I've had the farrier out today and he's pulled a tendon, which means rest.
LTotal Debt Dec 07 £59875.83 Overdrafts £2900,New Debt Figure ZERO !!!!!!:j 08/06/2013
Lucielle's Daring Debt Free Journey
DFD Before we Die!!!! Long Haul Supporter #1240 -
Booked myself in to have my eyebrows waxed on Thursday and hopefully we'll book a holiday then. Next Wednesday I'm having a facial and then on the Thursday I'm havind my hair done. OH got me a beauty voucher for Christmas so I thought I would go and have a chillax before the chaps break up for summer hols.
Vicitimn support have phoned to tell me what DS1 is getting in compensation. Will have to decide if we are going to settle for this and then fill in the paprerwork. Environmental health have also been on regarding the damp, so hopefully things moving.
LTotal Debt Dec 07 £59875.83 Overdrafts £2900,New Debt Figure ZERO !!!!!!:j 08/06/2013
Lucielle's Daring Debt Free Journey
DFD Before we Die!!!! Long Haul Supporter #1240 -
A family holiday sounds like a great idea.You all work so hard and deserve a break so go for it.
What a thoughtful pressie from your husband..it's good to be pampered.0 -
DD1 has had a most excellent parents evening. Going to have to expand the door frames just to get her head through!!!
Taxi, thanks for the support re holiday it does feel very 'naughty' to be even thinking of it. Hopefully it will be paid for before we even go, including passes to any theme parks etc. So in theory all we'll need is spending money, few new clothes (hopefully tiny ones for me) and 4 passports!
LTotal Debt Dec 07 £59875.83 Overdrafts £2900,New Debt Figure ZERO !!!!!!:j 08/06/2013
Lucielle's Daring Debt Free Journey
DFD Before we Die!!!! Long Haul Supporter #1240 -
All sounds good to me.0
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Just been looking online and I doubt we'll have much change out of 3k!!!
LTotal Debt Dec 07 £59875.83 Overdrafts £2900,New Debt Figure ZERO !!!!!!:j 08/06/2013
Lucielle's Daring Debt Free Journey
DFD Before we Die!!!! Long Haul Supporter #1240 -
Hi Lucielle - I think you are making the right decision with regard to the holiday. We are having a cottage in Wales this year but hope to go abroad next year too.This has made me think about our lifestyle and I'm a bit down about it. I have decided that come September we are going to book an all inclusive for next year. DS1 will be 16 and he hasn't been abroad with us since he was tiny. Hope we are doing the right thing as the money could be put towards the debt. The other (horrible way) of looking at it, that I won't have the old boy come September and his money can go towards it. I've had the farrier out today and he's pulled a tendon, which means rest.
L
You all work very hard - I think it is fair enough to ease off the pressure a little. Long haulers need some treats along the wayAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
5) SIPP £5K updated 10/10/250 -
Still going to find it tough paying out that sort of dosh.
LTotal Debt Dec 07 £59875.83 Overdrafts £2900,New Debt Figure ZERO !!!!!!:j 08/06/2013
Lucielle's Daring Debt Free Journey
DFD Before we Die!!!! Long Haul Supporter #1240 -
Where are you going? I'm sure a break will be just the thing to set you all up and allow renewed debt busting with vigour afterwards.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 0420
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