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MFW: Next step towards total freedom!

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  • caeler
    caeler Posts: 2,638 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    You are right about not having to put the money aside!  @South_coast
    i was planning to wait to see family as it’s a 6 hour round trip to sit outside but I just couldn’t wait any longer. I had packed 2 jumpers and my winter coat in the car in case it was cold! I totally lucked out with the weather! 
  • Sweetie83
    Sweetie83 Posts: 78 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Congratulations, what an achievement so early on! You must have worked very hard
    DH, 2 DD and 2 cats. aiming to be mortgage free at 51, 10 years to go! Feb 19 £358k, Jan 21 £283K (using savings)July 22 £246K down to 17 year term, Mar 25 £177k 11.8 year term
  • killerpeaty
    killerpeaty Posts: 2,658 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Ahhhhhh so exciting. It'll come to you soon, I'm sure. I can't imagine being mortgage free prior to 40.

    Glad you got to see family. There's nothing like seeing people in real life.
  • We've done something similar this week @caeler visiting family and we took loads of additional layers with us! And thermos of tea! But we were so lucky with the weather on Monday and Tuesday, it was beautiful.

    If I can be mortgage free before 40 like you @caeler I will be absolutely delighted. Has it sunk in yet?
    Mortgage free as of March '25!
    £240,000 paid off in 4 years, 8 months and 18 days (July '20-Mar '25)
    Mortgage paid off 19 years early.

    2025 MFW #40

    2025 Goals

    Pay off mortgage of £55k for good! - £55k/£55k paid - mortgage free!!!
    Keep emergency fund at £10k - £10k/£10k - goal met!
    Lose 12 kgs - 3/12 kgs lost so far
    Try 1 new activity/experience as a family each month - 0/12 new activities/experiences tried
    Decluttering - declutter 500 items from house and outbuildings - 136/500 items so far
  • caeler
    caeler Posts: 2,638 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic

    It’s 10 days since mortgage redemption. It’s not sunk in yet! @eat_that_frog I think it’s going to take a while. 

    I’m at 20 NSDs which I’m pleased with, might get 1 more before the end of the month. It’s going to take some time to change my ways. Not that I want to change them that much! I need to establish a clear saving goal as I’m missing the focus.  I’ve not received a confirmation letter from nationwide yet, I’m so impatient!  I’m off work today so started my long weekend with a run, garden jobs and a visit to the charity shop. I brought a dvd for 50p. I’m very happy with that! 

    Thanks @sweetie83 and @killerpeaty for stopping by. It doesn’t feel real that I’ve managed it quite so early in my life. I was all a bit extreme this last year though! Not sure that’s healthy long term!  

  • killerpeaty
    killerpeaty Posts: 2,658 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Frame it. Do it! People used to throw parties when they paid off the mortgage, why couldn't you frame the letter?
  • Grogged
    Grogged Posts: 866 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    It's such an historic document I'd frame it!
    If it's not adding up, compound it!
  • bubblycrazy
    bubblycrazy Posts: 304 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    caeler said:
    I did it, I framed the letter!  @killerpeaty and @grogged
    It is currently looking back at me from my coffee table! 
    🤣🤣

    I love this! 
    MFW - Original balance 28/08/2014 £52850
    Original MF date: 2049:eek: Aiming for: 2025 Current MFD: 2030
    Balance 27/07/2016 £49990
    Balance 08/07/2017 £47999
    Balance 30/07/2018 £44500
    Balance 01/08/2019 £40700
    Balance 03/09/2020 £37619
    Balance 30/09/2021 £33983
    Balance 18/01/2023 £28940
    Balance 06/10/2024 £22168
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