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£77,366.35 reasons to be debt free!
Comments
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I don't really like mince pies - OH would polish off loads in a single sitting tho if he had half a chanceAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
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 £5K updated 10/10/250 -
Finalised Xmas shopping today and sorted out what OH was going to buy me as well so we are completely sorted :j Financial nightmare next month but hey ho will deal with it all.
A friend who is a roofer is coming to look at the roof for us so hopefully we won't get ripped off!
Family plans this weekend and out on Sunday with OH's work which we can't really get out of as apparently "it will be good for his career" but not our pocket :rolleyes: His boss is going so he wants to impress so have reluctantly agreed.
Am now hoping not to have to enter a shop and part with money for the forseeable future
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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Glad you got your xmas shopping sorted, sadly i'm not that organised.0
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Hi IMD at least your debt is now on the way down - that is the first step...
Hope you enjoy the business do - unfortunately sometimes it can be career limiting not to go - hard to balance sometimes with mseAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
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 £5K updated 10/10/250 -
Hi IMD - Well done on the christmas organising. I'm so far behind with it all...
Totally understand the work thing, OH is the same, when he goes away the budget is always ruined - but if he didn't socialise with work folk he wouldn't succeed so much. As you're going, try not to worry about the money too much and enjoy it! If you don't, then it will be doubly irritating to spend the cash and not have fun!
x0 -
I.m with rt on thatAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
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 £5K updated 10/10/250 -
End of month sums done :eek::eek::eek::eek: (insert scary music from psycho!)
Deep breaths - not stressing, not stressing, NOT STRESSING!!! I am being paid in 3 weeks so it is not toooo bad even though salary will then have to last even longer :rolleyes: but work have "suggested" we may have something exciting in our pay packet.
Trying to look at positive:-
(1) every xmas present bought
(2) not at home over xmas so no huge food bill
(3) I will enter 2010 in less debt than August 2009
(4) I have got my sealed tins ready for the massive things to pay so far more organised
(5) you lot are here to kick my butt!
Aaahhh, will all be fine. Very busy day and still not made the mince pies :mad::mad: off to do them before X Factor.......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
0 -
well done you!In_my_dreams wrote: »End of month sums done :eek::eek::eek::eek: (insert scary music from psycho!)
Deep breaths - not stressing, not stressing, NOT STRESSING!!! I am being paid in 3 weeks so it is not toooo bad even though salary will then have to last even longer :rolleyes: but work have "suggested" we may have something exciting in our pay packet.
Trying to look at positive:-
(1) every xmas present bought
(2) not at home over xmas so no huge food bill
(3) I will enter 2010 in less debt than August 2009
(4) I have got my sealed tins ready for the massive things to pay so far more organised
(5) you lot are here to kick my butt!
Aaahhh, will all be fine. Very busy day and still not made the mince pies :mad::mad: off to do them before X Factor.......
2010 will be your year
on a different note is anyone playing bingo britain? I an get onto site but can't play any games, any ideas??0 -
Good news about the potential bonus - at least that will tide you over and maybe help make some extra payments.
I also get paid a week early next month, which generally makes for a bleak January. No chance of a bonus for me until March though :rolleyes:0 -
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)0
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