SF's road to mortgage freedom!

Karmacat

Sorry to hear you've been feeling so nauseous, SF - are you keeping yourself hydrated, at least?

Even though I haven't had it in relation to pregnancy, I had it in relation to something unknown this week - "luckily" it was in the morning before I eaten anything :eek::eek::eek: so I really, really, sympathise.

slowlyfading

edinburgher wrote: »

£9 is great! :beer:

Loving the name of your fund

Thanks! Got to start somewhere

SuperSecretSquirrel wrote: »

Yours is the first sig I've seen that's daring enough to include an FI magic number SF

Is that a cashmoney target, or net worth target? Since you're currently reporting zero I guess it must be cash savings? What is the target for end 2018? Surely not the full 330k! :eek:

Nowhere near £330k in 3 years! It is a cash/money target. Basically, I want us to retire at the end of 2036, which is when I turn 50 :eek: £330k would then give us £20k a year for 17 years until other things start to kick in and having a bit pot is no longer essential.

The target by the end of 2018, according to the spreadsheet, is to have £54,825 to be on track :eek: by my calculations, we need to save £1,275 a month from June onwards, to meet our target. Obviously, with me going on maternity leave, in reality it probably won't happen, but now it's all written down/worked out, it's a massive motivator. Watch this space, is all I can say!

Tilly_MFW_in_6_YRS wrote: »

Sorry you're feeling rough. I was the same for the last two weeks with DS - it's not pleasant.

Take care and rest up.

Best wishes Tilly

Thank you - it hasn't been as bad today but then I had a better night's sleep last night for the first time in weeks

slowlyfading

edinburgher wrote: »

I do not put mine in my sig for the single negative reason that some of the posters on the MB board are (how do I put this politely?).... tools

More than one conversation where they argued the merits of my savings challenge sig despite knowing nothing about it!

How dare they challenge my savings challenge? :rotfl:

Karmacat wrote: »

Sorry to hear you've been feeling so nauseous, SF - are you keeping yourself hydrated, at least?

Even though I haven't had it in relation to pregnancy, I had it in relation to something unknown this week - "luckily" it was in the morning before I eaten anything :eek::eek::eek: so I really, really, sympathise.

I probably am not managing to drink as much water as I could during the day, I must do better. It really is rubbish but, that being said, I've felt slightly better today

slowlyfading

It's the weekend :j :j

I have felt slightly better today, which I'm really relieved about. I managed to get a better night's sleep than I have in weeks so that probably had something to do with it. Managed a whole sandwich at lunch time :rotfl:

It's been another NSD in the SF household, with a whole £9.81 moved into savings today. I'll do the bigger shuffles around when I get paid at the end of the month, but all the account tidies during the month add up too, so I'm going to continue that as well to see where it takes us.

I had £4 on a costa card so I treated myself to a decaf latte after work today; it's been a long, tiring week so a little pick me up was needed. Best of all, it was free as the gift card was a present from a friend she knows me well! Was quite tempted by the french fancy type cakes in there, but just stuck to the decaf latte :A

Happy weekend everyone

edinburgher

Happy weekend SF, joined you in the decaf today :coffee:

Off the good stuff until Mrs E delivers!

Good savings, stick with it, as you know this is a marathon. Don't forget the power of compound interest. Also, I assume you're maximising your interest with the usual plethora of accounts, or is your aim to invest?

slowlyfading

edinburgher wrote: »

Happy weekend SF, joined you in the decaf today :coffee:

Off the good stuff until Mrs E delivers!

Good savings, stick with it, as you know this is a marathon. Don't forget the power of compound interest. Also, I assume you're maximising your interest with the usual plethora of accounts, or is your aim to invest?

I'm on holiday week after next and my plan is to investigate to put savings for now - I might dabble in investments with a some percentage, but we shall see any particular suggestions for savings? I'm hoping that compound interest will take some pressure off eventually, if interest rates ever go up!

edinburgher

Interest rates aren't too bad just now. Between you and OH, you can have £6k @ 5% with T5b, £15k @ 4% with Ll0yds. That should do you for starters? After that, S@ntander and regular savers. I would caution against too much cash over the long term, inflation will probably be back!

slowlyfading

I'll have a look at those - thanks and yes, not aiming to hold too much cash long term as don't want it wasting away due to inflation!

It's the scary leap into investing that's a bit :eek: don't want to lose my money that way either.

I read a lot about dividend investing and really want to look more into that, but don't know if I'm cut out for the up and down of shares, plus everything else that comes along with it. Decisions, decisions.

edinburgher

Dividend investors tend to be very vocal in the PF blogging space, I'm not surprised you are encountering them. Personally I'm more a fan of index investing, but the decision is yours to make. *Not* having to stock pick is one of the joys of index investing, most active investors fail miserably when it comes to beating the market.

AlexLK

Hope you're feeling better soon.

As for the coffee, my wife used to love going to Costa, something which greatly annoyed me as I saw how it was putting some of the independent places under a lot of pressure in Matlock. Anyhow, I digress, since she's also been watching what she spends, she has put the money she used to spend in Costa away. At the end of the year, she'll count up what she's saved from Costa.

I really hope you manage to achieve your plans. I can't say I've ever considered retirement, although my work life isn't far from it now. However, I don't think I still want to be working when I'm in my seventies like my parents.