Freedom At 50!

edinburgher

Dave, I can totally relate to wanting one big debt, as opposed to lots of little holes sitting around waiting to be filled.

Mrs E and I have taken a similar decision although we're at a very different stage in our MFW journey (and lives) from you and your OH.

There's a lot to be said for simplicity.

southerndave

edinburgher wrote: »

Dave, I can totally relate to wanting one big debt, as opposed to lots of little holes sitting around waiting to be filled.

Mrs E and I have taken a similar decision although we're at a very different stage in our MFW journey (and lives) from you and your OH.

There's a lot to be said for simplicity.

It is our watchword. We have the adopted motto:

KEEP IT SIMPLE

We are simplifying everything in our lives so much as is possible. We are de-cluttering our home, discarding wastes of time and money and hobbies etc., even coming off-line to a degree - we got fed up with logging in, passwords, memorable questions, etc.

We are also just not using stuff that requires contracts, call centres, endless forms, etc, etc. In short we are fed up with the modern world and are trying to get back to basics (and not the daft John Major version!). If it wastes time, causes greif, costs money or the general drawbacks outweigh the general positives, it is being dumped.

Viva la Revolution! Backwards to Simplicity!

gallygirl

southerndave wrote: »

If it wastes time, causes greif, costs money or the general drawbacks outweigh the general positives, it is being dumped.

Viva la Revolution! Backwards to Simplicity!

Crikey, what will you do all day

I think it's an approach we could all learn from. Even if its just switch the tv off while on the web, or vive versa. Cut out distractions, focus more and be mindful :T

southerndave

LOL! We're not moving to a cave, but I take your point. It is hard to decided what's important and to stick to theat decision. It is harder to live in the modern world and not get distracted, side tracked and swamped with information, media, ideas and new schemes etc.

Whilst having choices is a good thing, too many choices are bad for you I think.

sweetdaisy

I've got a habit of over-analysing and stressing about everything, which just gives me a headache. I started going over finances (again!) yesterday looking at ways to simplify things and already I feel better - just need to start applying it to everyday life!

Have a good Easter!

Annieddiva

Yes we're sure spoilt for choice, and as the saying goes "Life is really simple, but we insist on making it complicated." We're determined to pay off our mortgage too by the time we're 50 in 2019, so shall continue to read your diary with great interest and you're going great guns - so well done!!

southerndave

No problem Daisy and enjoy the holidays! It really is as easy as you make it.

Thank you Anniediva! Not sure about going great guns, but plodding along in the right direction, lol!

southerndave

Been really going through our finance and, well, everything again! Really simplifying everything and just not doing what isn't working anymore. Taken the decision today to stop eBaying as it just isn't paying anymore, esepcially with the changes to postal rates. Was only really selling our old stuff, but the hassle/costs aren't really balancing out with the 'profit' so its the end for me.

Also out are direct debits. We are only keeping the ones that pay, like council tax as it spreads the costs without penalty.

We are in the process of clearing all other debts apart from the mortgage. And we are not taking anything else on. Our goal is no debt, no mortgage, no contracts and completely pay as we go/earn as we go.

We also want to stop buying stuff. Not food and nessecities obviously, but stuff. We want to have memories of good days rather than a house filled with crap, a museum to consumerism.

So that's us. That's where our mortgage free journey has lead us in a few short months. Not decided whether to keep this diary going, but may pop in time to time to drop a line about how things are going.

Thank you to ALL who have helped and advised, its appreciated. And good luck to you and yours!

HelenDaveKids

Very profound SD, and very sensible.

southerndave

HelenDaveKids wrote: »

Very profound SD, and very sensible.

I've never been profound in my life (I had to look it up!):D:rotfl:

Waiting for stubborn financial institution to reply and then will update our grand plan for financial simplicity.