This Time I'm Really Going To Do It

Watty1

So, as set by KC and ATB the MF date will be December 2016. 20 months to go :eek:

atypicalblonde

Woohoo! :j I do love a challenge. What level of OP is needed per month to achieve that date Watty? X

edinburgher

Wow! That's hardly any time Watty

Karmacat

Brilliant! Details please, yes and is it 1st December or 31st December?

Watty1

Yeah I know hardly any time at all. I guess I better go for the end of December KC
Actually its an average of £2250 a month and I'm not sure I could find that every month, but, heck I'll give it a punt and we'll see where we end up!! Just pull me up short if I try something crazy like spread betting :rotfl:


Also working on financial independence though First step taken! It was an easy one. Had the house valued with just the garden, no stables and land.

Karmacat

Working on paying off the mortgage *is* connected to financial independence, watty! Like MMM says, it isn't automatic - if passive income covers your rent, then you're still financially independent. But I think most of us feel more comfortable with FI as "paid-off owner occupier", and I certainly do. Keep going!

edinburgher

I suppose you could always stooze a bit of it if you're struggling to reach the full amount? I know it's a bit of a cheat, but 0% debt is pretty useful on occasion.

Watty1

I am thinking stoozing might be useful November 2016

Watty1

Handsome baby went to vets for x-rays. Much improved. Still lame. So was not bones in feet causing problem. Now being referred for MRI. Not sure how much faith I have in vet now


On the financials side 2 overpayments made this month and signature updated. Had to cheat a little and take some money from the TSB house repair fund but nothing coming up shortly so think that will be ok. And just realised I miscalculated the overpayment required per month to make Dec 2016 as did not take into account regular payments!

Karmacat

Watty1 wrote: »

Handsome baby went to vets for x-rays. Much improved. Still lame. So was not bones in feet causing problem. Now being referred for MRI. Not sure how much faith I have in vet now

Ouch. Sympathies for Handsome Baby, and for you too, actually.

On the financials side 2 overpayments made this month and signature updated. Had to cheat a little and take some money from the TSB house repair fund but nothing coming up shortly so think that will be ok. And just realised I miscalculated the overpayment required per month to make Dec 2016 as did not take into account regular payments!

Thats definitely in your favour then? :j:j:j