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Trials and tribulations of a Debt Free Wannabee!
Comments
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Thanks Verbatim
Sorry I have not been on much - I have been writing my new website!
Over the last 3 days or so I have written probably 80% of my website, now need to come up with a privacy and terms of use policy and download a code of ethics and I will be almost ready to rock and roll!
In the morning I am being coached for an hour and then I am coaching someone else for a hour (for free). Hope it goes well.
I have now finalised things with work - picked up my stuff and dropped off theirs - that felt really weird but at least it done now. From Wednesday I will officially be on holiday rather than sick and from the same time next week my notice period will be over and I will be "free"
At the moment I only have the one interview lined up - so need to perhaps look some more to see if there is anything else locally I have missed. I have been trying to keep an eye out for roles but nothing has jumped out to me as being local at the mo other than what I have already applied for...Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £169.8K Equity 37.1%
2) £1.3K Net savings after CCs 16/1/26 (but owed £1.1K) so £2.4K
3) Mortgage neutral by 06/30 (AVC £34.8K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 40.6/£127.5K target 31.8% 16/11/25
(If took bigger lump sum = 62.7K or 49.2%)
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 £5.2K updated 16/1/260 -
Wow you sound so positive and have achieved a lot in a small space of time. Obviously resigning was completely the right thing to do!
Keep up the good work
1st debt - Next [STRIKE]£583.32[/STRIKE] [STRIKE]£408.71 [/STRIKE] £0 :j
2nd debt - MBNA - £6,618.52
First in many many to go - baby steps and all that!
First lump sum to go - fingers crossed!
08/06/09 - [STRIKE]£11,497.68[/STRIKE] NOW - £9,757.75
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Wow SH - you have achieved so much in such a short space of time!
Best of luck with the coaching :-)0 -
Wow - is all I can say. It is great to see you going down the road you want to

You have inspired me to re-think a coaching career myself. I was very interested about 3 years ago but didn't pursue it.Total (Aug 19):€58,567 Now:€26,947
DFD:Nov 22/June 22
Mortgage: €199,712
MFD: March 2042/July 20340 -
Thanks IMD, CMD and LHB
I am excited about coaching again and really believe I can make a difference. I have been coached twice now - and coached 2 other people once in this last week so feel as if I am back on track. Now I am settle on a niche, it is easier too as I can use similar techniques with different clients and encourage them to use similar tools.
I now have the password again to download my ethics statement and put it on my website.... still have a privacy and terms of use doc to sort out tho. May see if there are any free samples on the net I can use....Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £169.8K Equity 37.1%
2) £1.3K Net savings after CCs 16/1/26 (but owed £1.1K) so £2.4K
3) Mortgage neutral by 06/30 (AVC £34.8K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 40.6/£127.5K target 31.8% 16/11/25
(If took bigger lump sum = 62.7K or 49.2%)
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 £5.2K updated 16/1/260 -
Hi all - especially hypno. It looks like I have found some professional indemnity insurance for more like what hypno pays. For £100 it looks like I can cover personal and business coaching referred by the company I did my original coaching with. Luckily I am within the 7 days of the distance selling regs so should be able to cancel the other one and go with this one..... Wish me luck!Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £169.8K Equity 37.1%
2) £1.3K Net savings after CCs 16/1/26 (but owed £1.1K) so £2.4K
3) Mortgage neutral by 06/30 (AVC £34.8K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 40.6/£127.5K target 31.8% 16/11/25
(If took bigger lump sum = 62.7K or 49.2%)
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 £5.2K updated 16/1/260 -
Good luck
Things are looking much brighter for you SH
it's been a tough journey for you and I'm glad that things are now fitting into place for you
shows us all that it can happen 
PS Gizmo is coming home tonight
:idea: Jan 09. Debt @ LBM - £11936.55 Debt at worst - £12600.55 Current Debt (01/03/2012) £8,859.51 29.7% Paid offHoneymoon Fund £410.40/£6000 House Deposit £1.50:A Proud to be dealing with my debts. DFW Nerd 1177 :A0 -
Great to hear you've made such great progress on the web site and getting back to coaching. Hope your interview goes well2019 fashion on a ration 0/66 coupons0
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Blimey, what a lot you've achieved since resigning
well done youI do not make mistakes, I learn lessons.I work to live, not live to work.I love to live & live to love.Good enough is exactly that.0 -
Thanks guys... ironically probably spending at least 14 hours a day doing setting my business up. I am conscious that if I do manage to get a job soon I will have much less free time to set anything up so trying to get as much done now as poss.
Now financially - must cancel one set of insurance and put in place anotehr
Need to input some holidays and expenses
Need to send off some coaching agreements to my pro-bono clientsAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £169.8K Equity 37.1%
2) £1.3K Net savings after CCs 16/1/26 (but owed £1.1K) so £2.4K
3) Mortgage neutral by 06/30 (AVC £34.8K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 40.6/£127.5K target 31.8% 16/11/25
(If took bigger lump sum = 62.7K or 49.2%)
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 £5.2K updated 16/1/260
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