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My Ongoing Challenge - To live with my means

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Comments

  • savingholmes
    savingholmes Posts: 29,070 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    hi lurker coming under budget no matter by what amount is a great achievement

    Hope things are going well this week for you
    Achieve 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 10/10/25
  • Lurker1972
    Lurker1972 Posts: 779 Forumite
    Hmmm, been a while since I updated, sort of lost sight of the prize for a few (expensive) weeks.

    Hey ho, no beating myself up for once, time to concentrate again & get back on track

    The last of my cds are with music magpie, and I have a few bits to ebay...but haven't got around to!

    Used £25 in reward points to ease the grocery burden this week - hadn't actually realised how much I had so that was a bonus!

    Its my birthday this week & I have 3 meals out!!!! that could be damaging to purse & waistline so am planning at least 1 swim to make up for the badness
    Worked a few hours overtime last week since it was available which will make September pay day nicer - payday with no overtime isn't enough to cover the bills anymore, everything has gone up & there isnt enough room in my budget to stretch that far.

    No. Change that. I've not yet found where I can squeeze the extra from - its a work in progress. I can do this.

    Off to read other diaries for more inspiration - i could be gone some time!!
    I do not make mistakes, I learn lessons.
    I work to live, not live to work.
    I love to live & live to love.
    Good enough is exactly that.
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