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Room for a little one with a massive debt?!
Comments
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Rambles chin up hope things sort out
we are here for you xxx I AM A MONEY MAGNET, THEY ARE MAKING MORE MONEY FOR ME AS WE SPEAK:pMIKES MOB, DFW NERD 1071, DFW LHS 132!MIRACLES HAPPEN I'VE SEEN IT WITH MY OWN EYES. LBM 08£77240.69 Current outstanding total £36083.01 Paid so far = £41157.680 -
I'm a few weeks down the line, and even after such a relatively short length of time, I can honestly say that it does get better. Don't get me wrong, I have plenty of ups and downs and am ready for far more of the crap stuff to come my way yet, but compared with how I felt 4 or 5 weeks ago, it is a huge difference.
Hang on in there xSuccessful 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 -
Hugs to hypno and rambles xxI AM A MONEY MAGNET, THEY ARE MAKING MORE MONEY FOR ME AS WE SPEAK:pMIKES MOB, DFW NERD 1071, DFW LHS 132!MIRACLES HAPPEN I'VE SEEN IT WITH MY OWN EYES. LBM 08£77240.69 Current outstanding total £36083.01 Paid so far = £41157.680
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hi RT
Sorry to hear about your friend and the fact that it looks like you are going to have to move home. Will selling the flat solve some of your other debt or not?
Trying to find a rainbow or silver lining 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 10/10/250 -
Thanks to you all, you've cheered me up today :-)
I still do really feel like its the right decision, and in that I'm much happier, but all the practical stuff to sort out is so tiring!
Hypno - been trying to catch up your diary, an inspiration as always! Well done on the sleep getting better, I had two good nights, last night not so great, but getting there!
Savingholmes - need to properly number crunch. It *might* help the debt a bit if we sell, sadly renting here is so expensive that selling might give a bit of a boost but then slow down progress overall. Will sit with all the paperwork tomorrow evening when I actually have a bit of time and go through it. Then show exOH all the numbers next week when he returns and hopefully we'll agree on the best course of action...
being positive - hosting cheese and wine evening at my flat tonight, everyone to bring stuff so very MSE. Will just be providing a little food and fuel for the fire :-) Very much looking forward to it. Was quiet in the pub last night so an easy shift. Life isn't all bad...
Thanks so much again, will try and catch up with everyone else diaries etc later, I never have enough time for them!!!
xxx0 -
hello RT... just being nosy and had peep into ur world! wanted to wish you well and hope you are now on the up!
best wishes
xx
mrscmrHighest Debt £581,000 Nov 08 and now owe nothing! yes really! I have learnt my lesson the hard way!
:heart2:Ebay Challenge 2011 - Still supporting from afar!
Long haulers supporters DFW #2230 -
Enjoy your evening with friends, sounds like just what you need after everything you;ve been through.
x1st 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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hi rambles enjoy your evening xxI AM A MONEY MAGNET, THEY ARE MAKING MORE MONEY FOR ME AS WE SPEAK:pMIKES MOB, DFW NERD 1071, DFW LHS 132!MIRACLES HAPPEN I'VE SEEN IT WITH MY OWN EYES. LBM 08£77240.69 Current outstanding total £36083.01 Paid so far = £41157.680
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hi glad you are feeling more positive.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 10/10/250
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