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£77,366.35 reasons to be debt free!

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  • savingholmes
    savingholmes Posts: 28,986 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    On the £2 thing glad you had an emergency stash you can use to fix your roof.

    I am thinking of giving my sealed tin to my DS for his birthday - I think it has about £12 in a "millionaire in training" tin..... He's hoping to upgrade his computer with cash from xmas and birthday... plus I can't bear to open it as I love the tin!

    I found that I would take out say £10 a week cash and then cry if I got £2 as in practice it meant I needed to get another £10 out as my money was accounted for.... That's when I gave up collecting them!
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £1.6K Net savings after CCs 14/8/25
    3) Mortgage neutral by 06/30 (AVC £25.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.1/£127.5K target 24.4% 15/8/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • Mrs R - for me the £2 is a bit of a fun thing and has saved my bacon. We have said we'll do it again but this time with xmas in mind and agreed a date to open it instead of just when it's full. I am seriously thinking about getting some tins for home/car insurance, tax and birthdays as I cannot get into them like I can my savings account and therefore not tempted to borrow and therefore won't get into a mess when they are due....

    Cream crackered after the xmas cake wait but it looks good, mince pies tonight :D then wrapping presents and writing cards. It WILL all be done by 1st December and then I can sit back and relax. Feeling very positive at the moment, long may it last!

    Now to check online banking and do some BB. Not quiet as excited about being paid today as not as much going off debts as normal :rolleyes:
    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
  • Now to check online banking and do some BB. Not quiet as excited about being paid today as not as much going off debts as normal :rolleyes:

    You've paid off over £1000 a month from your debts so far, I think you set a very high standard there, so don't be too disappointed, especially bearing in mind your extra costs this month.

    Will Mince Pies last till Christmas if you make them now?:o
    Pay off £20k (well £12.5k) by December '10 £12,500/£3398.59 = 27%
    Furniture loan [STRIKE]£816.06[/STRIKE]/£0 =100%, CSL sofas loan [STRIKE]£640[/STRIKE]/£0 =100%,Tesco Mastercard [STRIKE]£1629.39[/STRIKE]/£0 =100%,
    Santander Mastercard [STRIKE]£2262.55[/STRIKE]/£2217.50 = 2%,Halifax Loan [STRIKE]£2747.42[/STRIKE]/£2491.24 =9%
    Bank of Mum and Dad in Law [STRIKE]£3300[/STRIKE]/£3160 =4%,
    Save for a Nikon D300 (or similar) £1104.58
  • gallygirl
    gallygirl Posts: 17,240 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    S.Worth wrote: »

    Will Mince Pies last till Christmas if you make them now?:o

    Hmmm, in my house there's too much quality control done to leave any to freeze :rotfl:
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    :) Mortgage Balance = £0 :)
    "Do what others won't early in life so you can do what others can't later in life"
  • hypno06
    hypno06 Posts: 32,296 Forumite
    10,000 Posts Combo Breaker
    Straight out of the oven with a dollop of thick cream :drool:
    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)
  • Mince pies will be eaten immediately, a sample batch :) Will purchase cream on the way home - yum yum :)
    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
  • macgirl
    macgirl Posts: 5,091 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    :rotfl::rotfl::rotfl:
    I like your style IMD!
    You've inspired me to get baking. I have had them in my basket twice in the last week and managed to resist and put them back :A
  • Annie021063
    Annie021063 Posts: 2,570 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I got a couple of fab sealed savings tins from BHS sale in January (about 75p each I think), you have to open them with a tin opener.
  • I got a couple of fab sealed savings tins from BHS sale in January (about 75p each I think), you have to open them with a tin opener.

    Ooh I like the idea of that, might start having a look around for some now as I have decided that sealed tin is the way forward to make me more disciplined.

    No mince pies made tonight as got home too late but intend to do them tomorrow instead :)
    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
  • I saw some Extra Thick Cream with Baileys in the Tesco Mag - The thought of that on a mice pie is making my mouth water! :rolleyes:
    Emergency Savings Fund - £1100
    2015 Mortgage overpayments = £
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