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We did it: paid off £100K in three years

124

Comments

  • Firewalker
    Firewalker Posts: 2,682 Forumite
    YoungBusinessman wrote: »
    Care to share!? Long term( 5 year ) plan for me is £100k in the bank!

    All numbers are in TMP. Saving is good but...your money doesn't really work for you. We intend to go for a nested strategy of having cash for security and opportunities, more safe investments and some more risky ones (mainly ones in businesses). We are also building businesses - shall see how this works out. Thing is now that the 'negative wealth is gone' we have positive cash flow to build cash to invest.

    We are also starting another blog that will focus more on investing - The Investment Principle.

    But watch this space:).

    Firewalker
  • Firewalker
    Firewalker Posts: 2,682 Forumite
    cabriolean wrote: »
    On this page http://www.themoneyprinciple.co.uk/2013/100k-157k-to-zero-in-three-years-flat-we-are-debt-free/ where you tried to censor the numbers, I can read them fairly easily.....
    Congrats :)

    All of it? Will have to talk to DH - he did do this picture. Thanks for letting me know.

    FW
  • Jinx
    Jinx Posts: 1,766 Forumite
    Debt-free and Proud!
    Wow, that is amazing!!! Way to go FW........ :)
    Light Bulb Moment - 11th Nov 2004 - Debt Free Day - 25th Mar 2011 :j
  • Determined_diva
    Determined_diva Posts: 661 Forumite
    Seventh Anniversary 500 Posts Combo Breaker
    Congratulations firewalker that's an amazing achievement! Xx
    Started again 25th December 2017
    Current tracking - £7,955.84/ £18,282.25 to pay off. (31.12.19)
  • Alice_in_Welfareland
    Alice_in_Welfareland Posts: 66 Forumite
    This is well done and a good advertising campaign for your blogs in addition or is that too cynical?
  • YoungBusinessman
    YoungBusinessman Posts: 1,239 Forumite
    Can see you ending up a near millionaire FW! Doing really well for yourself!
    :eek:Living frugally at 24 :beer:
    Increase net worth £30k in 2016 : http://forums.moneysavingexpert.com/showthread.php?p=69797771#post69797771
  • beanielou
    beanielou Posts: 95,847 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Alice_in_Welfareland wrote: »
    This is well done and a good advertising campaign for your blogs in addition or is that too cynical?

    Way too cynical in my opinion & not in the spirit of the DFW board.
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.     ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • bast
    bast Posts: 448 Forumite
    Alice_in_Welfareland wrote: »
    This is well done and a good advertising campaign for your blogs in addition or is that too cynical?


    I know It might look like that from your point of view but I have to say Firewalker has helped a lot of people out for no gain... In particular her and her husband helped a lady on these forums design a blog.. Whilst I am a cynical pessimist I have to say she seems to be a good un lol..... (still think it is easier when two of you are on good money fighting the debts firewalker :rotfl:)
  • Firewalker
    Firewalker Posts: 2,682 Forumite
    edited 11 February 2013 at 12:37AM
    Alice_in_Welfareland wrote: »
    This is well done and a good advertising campaign for your blogs in addition or is that too cynical?

    Not cynical at all. All the things I/we learned, figured out and experimented with are on my blog - starting with more practical tips and getting to transforming our thinking and behaviour. This is how we did it; and we did do pay off all this money. If it can help more people - yeah, go for it.

    Apart from that, my blog is quite popular - both here and in the US - anyway. I am very pround with it - build it from scratch, learned a lot about blogging, my writing is transformed and it is such good fun.

    Firewalker
  • Firewalker
    Firewalker Posts: 2,682 Forumite
    YoungBusinessman wrote: »
    Can see you ending up a near millionaire FW! Doing really well for yourself!

    All learned. Three years ago I didn't know how much my salary was:rotfl:.

    FW
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