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Impatient Londongirl's diary - need to clear my debts!!

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  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    well done for making a start... try keeping a spending diaryto see where your money is going http://www.spendingdiary.com/ (its free and private) you can crack this... when I joined a year ago I thought it was impossible but I have made so much progress over the last year it is unreal
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £2.6K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • claire0788
    claire0788 Posts: 983 Forumite
    Part of the Furniture Combo Breaker
    Ye I would agree with Fire Fox, im pretty sure the PayDay Loan thingys have really high - https://www.paydayuk.co.uk/pages/our-charges.html theres an example but if you are with a different firm it might be slightly higher or lower but that is still REALLY high.
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