Southernman's steps to freedom!

Southernman

Thanks Bacon! At my age it's hard not to stray because all my friends have the new IPhone/car/fancy holiday to Cuba but then you do have to be sensible. I don't deprive myself but I also don't go crazy.

Due to the appraisal I'll be increasing my pension by 1% instead of the 3%, anything I get on top will go into a 2013 share save that will eventually be a lump sum mortgage overpayment.

Hopefully I'll get the mortgage paid off in 10 years so that I can put far more into a pension as I'll have a much larger disposable income.

That would make me 33. I'm currently putting in 5%, by April 6% and hope to increase this minimum 1% each year. I know it should be more but I can only do so much without suffering financially and again it does depend on what happens during December 2013s appraisal. Hopefully I'll be in a better paid job by then anyway.

In other news I ran for 40 mins earlier and it wasn't particularly tough going. I am determined to look good in shorts for Glastonbury in June!

skint_spice

I want one of those watches too now! you made me google it's funny that I couldn't contemplate spending £500 on a handbag but those watches seem to be worth the thousands:o...

ultrarunner

Hi Southernman

You may want to google 'parkrun' there are many free 5k runs on Saturday mornings dotted all around the country.

edinburgher

That would make me 33. I'm currently putting in 5%, by April 6% and hope to increase this minimum 1% each year. I know it should be more but I can only do so much without suffering financially and again it does depend on what happens during December 2013s appraisal. Hopefully I'll be in a better paid job by then anyway.

What does your employer match (if anything)?

Southernman

ultrarunner wrote: »

Hi Southernman

You may want to google 'parkrun' there are many free 5k runs on Saturday mornings dotted all around the country.

5km isn't really far for my standards. I ran 5 miles this morning and I'm out of practice! Thanks for the info though.

Edinburgher the employer doesn't contribute any extra. I just get the tax relief. I know it's not the greatest but by April £120 will be coming out on a monthly basis. f I could do more I would but I'd have to sacrifice mortgage overpayments to do so.

Southernman

skint_spice wrote: »

I want one of those watches too now! you made me google it's funny that I couldn't contemplate spending £500 on a handbag but those watches seem to be worth the thousands:o...

Yeah I know! Second hand ones are half the price! I'd be looking at a preowned one otherwise I'd be stung by depreciation! (a bit like a car!)

Southernman

Still in bed! Can't believe it! I'm usually up at the crack of dawn! We spotted an offer on groupon for 50 laps of gokarting for £15! Going to book it and see if my flatmate fancies it too!!!! Should be cool! I LOVE that sort of thing!

Going to drive Mr S car later which I'm a named driver on. Am a bit nervous because I haven't driven in a while so we're heading to a university campus which will be very quiet and do some roundabouts and other things just so I can remember what to do before going on the main road!

I'll have had my licence for a year in Feb which means I can join city car club. The annoying thing is that I couldn't join immediately after I passed where I was the better driver as it was all fresh and instead have had to wait but hey it's their rules and I suppose if they feel that not driving for a year and joining is better than doing so straight away there's not a lot I can do there! Seems daft to me!

edinburgher

Second hand ones are half the price! I'd be looking at a preowned one otherwise I'd be stung by depreciation!

Depreciation is only a thing if you're looking to sell - buy and hold - buy and hold :rotfl:

Southernman

edinburgher wrote: »

Depreciation is only a thing if you're looking to sell - buy and hold - buy and hold :rotfl:

Excellent point!!!!

pavlovs_dog

driving is a lot like riding a bike SM, it soon becomes very autonomous.

Stay safe and have fun :beer: