We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Jellie's attempts to banish the wobbles and get debt free!
Comments
-
12.5% is a huge amount to pay off! well done you. Maybe they want a Dr's note for insurance purposes, if you come back early at my place they do that as well.0
-
hi jellie - really hope you manage to get back to work - even on a phased basis that has got to be goodAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £167.4K Equity 38% 3/4/26
2) £2.1K Net savings after CCs 14/5/26 (but owed £1.3K) so £3.4K
3) Mortgage neutral by 06/30 (AVC £42.2K + Lump Sums DB £4.6K + (25% of SIPP 1.4K) = 48.2K of £127.5K target 37.8% 24/5/26 (If took bigger lump sum = 70.1K or 55%)
4) FI Age 60 income target min £17.1/30K 57% (may need more) If bigger lump sum £15.8/30K 52.67%
5) SIPP £5.6K updated 16/5/260 -
Thanks everyone. Letter was for insurance purposes.
Work is going ok. Unfortunately I'm spending a bit too much in the joy of being out and about. Not anything catastrophic but I won't make as much debt busting progress this month. Next month will also be tough with OH birthday and Christmas. Christmas pressies sorted but need to sort out something special for OH (no idea what!) and am likely to spend more in my holidays as I try and get out and get a life!2019 fashion on a ration 0/66 coupons0 -
hi jellie - glad you are finding work okay. My spend has gone up too since starting work even tho I haven't been paid yet! Oh well that is life sometimes!Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £167.4K Equity 38% 3/4/26
2) £2.1K Net savings after CCs 14/5/26 (but owed £1.3K) so £3.4K
3) Mortgage neutral by 06/30 (AVC £42.2K + Lump Sums DB £4.6K + (25% of SIPP 1.4K) = 48.2K of £127.5K target 37.8% 24/5/26 (If took bigger lump sum = 70.1K or 55%)
4) FI Age 60 income target min £17.1/30K 57% (may need more) If bigger lump sum £15.8/30K 52.67%
5) SIPP £5.6K updated 16/5/260 -
Glad I'm not the only one! Some of it can't be helped such as using more petrol. However, I've been spending more on eating out etc as I think it is important for relationship with OH that we get out and do some of the normal things we enjoy now I feel a bit better2019 fashion on a ration 0/66 coupons0
-
hey ya hun, just caught up on the last few days, so glad that you're feeling better you seem a lot brighter and breezier. Must be lovely to be out and about again.
And don't worry if you spend more than normal, you need to live abit sometimes don't you, especially when you've spent so much time at home.
keep smiling hun, you're doing brilliantly
x0 -
Hello
Just catching up too, and was so pleased to read you are back to work (and part-time sounds perfect?!!), you must be so pleased. Great news too on that massive payment. Well done and enjoy the going out and about again, you deserve it.
P0 -
Thanks Missy and Prim.
It shows how much I've changed that I now feel distressed if I can't throw hundreds of pounds at my debt in a month.......when I started here I wasn't even living within my pay many months!2019 fashion on a ration 0/66 coupons0 -
Just paid my PADs so far this month....another £200 off my debt2019 fashion on a ration 0/66 coupons0
-
well done jellie!Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £167.4K Equity 38% 3/4/26
2) £2.1K Net savings after CCs 14/5/26 (but owed £1.3K) so £3.4K
3) Mortgage neutral by 06/30 (AVC £42.2K + Lump Sums DB £4.6K + (25% of SIPP 1.4K) = 48.2K of £127.5K target 37.8% 24/5/26 (If took bigger lump sum = 70.1K or 55%)
4) FI Age 60 income target min £17.1/30K 57% (may need more) If bigger lump sum £15.8/30K 52.67%
5) SIPP £5.6K updated 16/5/260
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.4K Mortgages, Homes & Bills
- 178.6K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards
