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First one to clear 15k gets a paper hat

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Comments

  • CAFCGirl
    CAFCGirl Posts: 9,123 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    What area do you work in again?
    Im sure you said before, but I cant find the post out of all ONE THOUSAND posts on this challenge (woowoo!!).....

    Facing that situation defo isnt fun, ive got something really similar going on with my job, I dont want to be naive and think it wont happen to me, but at the same time....got to be prepared for the eventuality!
    Wealth is not measured by currency
  • savingholmes
    savingholmes Posts: 29,087 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    CAFCGirl wrote: »
    What area do you work in again?
    Im sure you said before, but I cant find the post out of all ONE THOUSAND posts on this challenge (woowoo!!).....

    Facing that situation defo isnt fun, ive got something really similar going on with my job, I dont want to be naive and think it wont happen to me, but at the same time....got to be prepared for the eventuality!
    I've sent you a pm.... have hinted a few times in some of my post tho;)

    Don't forget - have a problem you know who to call....

    ghostbusters!:rotfl:
    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 10/10/25
  • savingholmes
    savingholmes Posts: 29,087 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well another payment has cleared for about £35 so adding that to my sig! It all helps!
    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 10/10/25
  • Well another payment has cleared for about £35 so adding that to my sig! It all helps!
    Well done SH and fingers crossed for your job! You seem well-organised having the CV updated already.

    Wow, everyone seems to be racing ahead with their payments. How are you all doing today? I've now earnt enough for my first 10 pound Amazon voucher from dooyoo and am planning to use them for presents as this is an area where my spending keeps getting out of control. I'm a getting bit addicted to dooyoo though, so might have to go cold turkey for a couple of days :eek: Otherwise I'm switching my phone and broadband provider today, which should save a tenner a month, chucking some money in the new sealed pot and baking some bread.

    Hope everyone has a great Sunday.

    Go DFW'S :T
  • Hi all

    You have all been fairly quiet (I was expecting to spend about an hour catching up!

    SH (and anyone else) let me know if there is anything that I can do to help out if you suddenly have to hunt for a job: I have done interview coaching and application form review for loads of colleagues and am happy to do what I can.

    Right, back on the challenge

    I actually have £5.06 more in my savings than I thought I had :T so will pop that onto my signature in a mo. Other than that I have been a VERY BAD DFW. I have been out drinking twice (on different days) and eaten out twice (in one day) this weekend so I will have to have a stern word with myself.
    £34,547 (Dec 07); Current debt: £zilch (Debt free December 2010)
    Sealed Pot #389 (2010=£133)
  • *wags finger at PAID* :D
    But you had fun, right?
  • Snow_White wrote: »
    *wags finger at PAID* :D
    But you had fun, right?

    Certainly did - I really don't feel as guilty as I should, in fact if I am honest I don't feel guilty at all!!!!

    I *might* have also agreed to go on a fairly expensive holiday :eek: so I need to work out how I am going to afford that too now! (still not feeling guilty, I think I must be in a naughty mood - I hope it passes soon or I will have failed my challenges when they have barely begun!!)
    £34,547 (Dec 07); Current debt: £zilch (Debt free December 2010)
    Sealed Pot #389 (2010=£133)
  • savingholmes
    savingholmes Posts: 29,087 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Your paperhat figures are looking good tho PAID. Thanks for the support offer too!

    For those will ill kids - hope they recover soon.

    Managed to withdraw £16 from CBK yesterday - should reach my account next Friday which will be good. Greasy palm has finally reached over £25 so I should get that at the start of Jan which is fab. Every little helps....
    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 10/10/25
  • Oooh, going anwhere nice PAID?
  • clearmydebts
    clearmydebts Posts: 6,485 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    Hi all!

    SavingH, will keep my fingers crossed about your job.

    PAID, your paper hat figure is looking very healthy! I also get drawn into expensive holidays. It is my weakness!

    Have had a very non-DFW weekend as well and I also don't feel guilty! Went Xmas shopping yesterday and had people over last night and spent quite a bit on food and drink for it. I am also going to order a takeaway tonight and I was out drinking on Thursday!

    Shame on me. The only other payments I will be able to make in Dec is about £50 as I have given up on Ebay again, mainly because I don't have anything worth selling after my short burst!

    Hope everyone is having a lovely weekend!
    Total (Aug 19):€58,567 Now:€26,947
    DFD:Nov 22/June 22
    Mortgage: €199,712
    MFD: March 2042/July 2034
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