Making chicken feed of my mortgage

muddywhitechicken

muddywhitechicken wrote: »

- Have a re-style rather than a trim when I go to the hairdressers on Saturday

Sooo I've gone from a jaw length bob to a short side swept pixie cut

Meals planned up to and including Friday - £26.70 spent on groceries (although £3.99 of that was on tonic water :eek:) but didn't manage to get everything on the list.

Grocery challenge = [STRIKE]£81.79[/STRIKE] £108.49/£315

Goldiegirl

Excellent news on the FI front!

CathT

FI is going really well for you. Your recipes always sound so good!

muddywhitechicken

I'm having a pre-dinner G&T - The Botanist served with a sprig of rosemary from the garden :beer:

Dinner will be HFW's roast swede vegeree - it smells good :drool:

I've sorted through my seed box this afternoon - note to self: DO NOT BUY ANY MORE SEEDS!!!

So this month, I need to:
- Use a £4.50 gardening club reward voucher (that expires at the end of the month) to buy seed compost
- Sow tomatoes (4 varieties), broad beans and sweet peas

smallholdingsister

We'll done Mr MWC!

pinkypig

Congrats on your FI - what an achievement:T

I'm now dying to know how you calculate it. Is it value of assets, pensions and savings excluding house equity x 4% or am I over simplifying it?

Enjoy your dinner (and your pre dinner:D) it sounds lush xx

muddywhitechicken

pinkypig wrote: »

I'm now dying to know how you calculate it. Is it value of assets, pensions and savings excluding house equity x 4% or am I over simplifying it?

Yes, it's that simple! Although if you read SSS's diary you'll see that ed's complicating it by adding state pension in to the mix :rotfl:

gallygirl

muddywhitechicken wrote: »

No, it's not... I'd been on the sherry :rotfl:
It's 80% FI which is still pretty good

Oh dear, just as well you didn't hand in your notice on the spot :rotfl:. Though if you did go back and add in state pension..........:T. Great stuff :j.

muddywhitechicken

muddywhitechicken wrote: »

Meals planned up to and including Friday - £26.70 spent on groceries (although £3.99 of that was on tonic water :eek:) but didn't manage to get everything on the list.

Grocery challenge = [STRIKE]£81.79[/STRIKE] £108.49/£315

Finished off the shopping in Lidl this morning (+£6.59) however Mr MWC is at home all week so we will probably need more milk before next weekend.

Grocery challenge = [STRIKE]£108.49[/STRIKE] £115.08/£315

Today's lunch was chilli bean crumble using vegetarian haggis with mashed swede *yummy*

Karmacat

pinkypig wrote: »

I'm now dying to know how you calculate it. Is it value of assets, pensions and savings excluding house equity x 4% or am I over simplifying it?

Isn't it .... oh good grief, what are the words .... you decide what you want to fund from your savings - £20k a year, say - and you multiply that by 25, so £20k x 25 = 500,000 in savings will let you withdraw £20k, 4% a year, and leave room for returns to replenish the savings. No idea what your figures are, of course!

Enjoy your dinner (and your pre dinner:D) it sounds lush xx

Absolutely :j

And somebody tell me if I've got the wrong end of the stick on the savings calculation, because if I have, my own figures are in doubt yet again