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Taxis back to basics...debt and mortgage free before 50(feb 2014)

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  • taxi73
    taxi73 Posts: 20,815 Forumite
    That's what I was thinking LT..needs must..lol
  • Lemon_Tree
    Lemon_Tree Posts: 10,202 Forumite
    Part of the Furniture 10,000 Posts
    glad i'm not the only one.
  • taxi73
    taxi73 Posts: 20,815 Forumite
    Just popped on and updated my sig.
    Will be under £80 k total debt in a few days time...am really pleased about that.
    My BB has now finished so will set DH up in a few days.
    Work is fine...nothing to report really.
  • hypno06
    hypno06 Posts: 32,296 Forumite
    10,000 Posts Combo Breaker
    well done :T
    Successful women can still have their feet on the ground. They just wear better shoes. (Maud Van de Venne)
    Life begins at the end of your comfort zone (Neale Donald Walsch)
  • EssexHebridean
    EssexHebridean Posts: 24,424 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Good stuff Taxi. That will be my plan with BB as well!
    🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
    Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
    Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
    £100k barrier broken 1/4/25
    SOA CALCULATOR (for DFW newbies): SOA Calculator
    she/her
  • savingholmes
    savingholmes Posts: 28,973 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    taxi when tarios says hello on bb - that would be me / my OH lol!
    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
  • taxi73
    taxi73 Posts: 20,815 Forumite
    Thanks...thought it must be someone off here..lol
  • lucielle
    lucielle Posts: 11,511 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    fab totals Taxi
    L
    Total 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 #124
  • taxi73
    taxi73 Posts: 20,815 Forumite
    Thanks Lucielle...can't wait to see zero but will have to wait a long time for that.
    So will take it in £5k chunks I think..that way I'll feel taht I'm doing something.
  • mum2one
    mum2one Posts: 16,279 Forumite
    Xmas Saver!
    U've worked amazingly, those figures are brilliant, esp considering the new central heating etc xx
    xx rip dad... we had our ups and downs but we’re always be family xx
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