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Breaking Through, Travelling On

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  • edinburgher
    edinburgher Posts: 14,101 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Well, £10*52*25=£13,000.

    To replace £10/week in income with a perpetuity would take £13,000, therefore continuing to earn £10/week avoids the requirement to amass £13,000?
  • What a boring pair of farts.

    'I just knew it would be our turn again one day'. What, because the first million didn't work for you? :rotfl:

    Don't be too quick to criticise, ed! Saw a TV interview with the winners and family, they seem very nice, grounded and genuine people. I'm very happy for them. They did say (at odds with what the Daily Wail had to report:eek:) that they had no plans for buying a mansion. They haven't squandered the first million but have done a lot of good with it and have made sure family are well catered for first. After all, they haven't won massive amounts of money, unlike the latest British EuroMillions winner this week who won something like £53 MILLION:eek:
  • edinburgher
    edinburgher Posts: 14,101 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Saw a TV interview with the winners and family, they seem very nice, grounded and genuine people

    Ok, maybe I was a bit harsh. At the same time, I despair at the stodgy imaginations of British Lottery winners. If we won £1 million, it would change our lives, we would not be living in a shed :p
  • Karmacat wrote: »
    :rotfl::rotfl::rotfl: I can't imagine *wanting* to live in a prefab, though I can just about remember prefabs on the Dock Road in Liverpool and how complimentary everyone was about them. That was a housing shortage to end all housing shortages, to be sure :D

    I just can't see why everyone is being so scathing about these people:eek:. I think they lived there prior to their first win and just chose to stay there for the time being. They saw family was alright first After all, they didn't win enormous amounts, there are loads of millionaires in UK now, it's becoming easily attainable for pretty ordinary people, there are threads on MSE to prove it. They bought a similar home nearby for the winner's Mum who loved the area and home they had themselves.

    It is hardly a 'prefab' in the 'old' sense. These are modern dwellings found in their thousands all over the country, very popular on retirement parks near the coast. People love them, they have all mod cons and from experience visiting someone in one I know how spacious,warm and cosy they are (unlike many a traditional older brick-built house. Wouldn't mind swapping my 4 bed detached but cold and draughty brick home (in a massive garden) for one in a sunny spot.
  • Karmacat
    Karmacat Posts: 39,460 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Awww, CBC don't mind us, and I don't *feel* I was scathing, actually. From the sound of it, they live in what rightmove call a park home - a posh caravan, is how I think of those? and while I loved caravans as a teenager, there's no way I'd want to live in one permanently - I *do* want the security of actual bricks. I've worked hard on draughtproofing here, though there's more to do (see my recent conversation with GallyGirl about sealant, for a start :rotfl:

    It does sound different from what I remember, thats true enough - tho even the ones I remember were very sought after.

    Although Ed and I are such different ages, we both hold to FI ways of thinking, and thats usually about living simply and living to the full. That couple must be pretty happy, and they're probably living simply as well - fair play to them. But I'd make different choices :) :kisses3:

    Ed I see what you mean - carrying on pootling away at it means £13k that simply doesn't need to be found. Gotcha! Though incidentally I confirm I intend to live beyond the age of 85 :D By then, we'll probably have antenna stuck in our brains :D


    ETA CBC I've just seen your £10 a day challenge figures in your sig again - mein gott, thats brilliant! Good for you! Must do better on extra-curricular money ... right, skaye have sent me an email, time to work on it.
    2023: the year I get to buy a car
  • Thanks for everything, KC. I really worry after I've got on my high horse over something someone else mentions (probably as a throwaway remark) on various threads and have gone in 'all guns blazing':o. I've always been like that, it's a personality fault I wish I could erase. But people are generally understanding on here, especially you, and are always conciliatory, warm and understanding. Bless you for it:A

    I don't know why I've been so forceful in my support for these winners, I don't know them or anything, but their tale just struck a chord somehow. They won both their millions on the EuroMillions 'Raffle' and, as we all know, a million isn't particularly life-changing these days, especially as you still have to think about many years of life to be lived. There are very many 'ordinary' people on these threads who are nearing their first million and they are only in their 30s. Equity in many middle-aged people's homes can be verging on half a million these days (if their mortgage is paid off) and they have the good fortune to live in a wealthy area.

    My home isn't in that category:( and OH has refused to spend more than the bare minimum on it over the years. If we'd moved on to something slightly better a couple of times (when property in this area was cheap although it certainly has caught up now:() when we were both working professionals we'd have a heck of a lot more than we have now and could downsize to something more convenient. As it is, I suspect this place would be more of interest as a 'project' if we sold up and would realise less than we'd need for something small, convenient and more luxurious. We certainly wouldn't have any surplus cash to 'live it up' a bit. Lots of rooms and a huge garden is very over-rated. Trust me!
  • Karmacat
    Karmacat Posts: 39,460 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You sound a bit frustrated with your situation, CBC, to be honest with you, so I'm not surprised you want to go all guns blazing sometimes! Don't worry :kisses3: And you must work really hard, too - I know how much effort it is to do that £10 a day figure from everyday mse stuff.

    And I agree, lots of room and a big garden definitely overrated, especially for people our age!

    I'm wandering about the matched betting board. Nothing recent on the skaye vegas thread, so I'm not touching it - I just can't see how to make it risk free :cool: so I'm looking at their sports thread. And what's a boost? Even thats 3 days old ... I wonder if the intro thread has been updated with new terminology? Better read it through again. I've got paid work at 1pm for the rest of the afternoon, need to be ready for that, but I like Ed's £10 x 52weeks x 25yars = £13k :j

    I'm off to ponder over there ...
    2023: the year I get to buy a car
  • Thanks very much for noticing my efforts on the '£10 a Day Challenge', KC.

    I wasn't sure whether I ought to commit to it as I genuinely didn't think I could make any money from anything. My money-troubles are complex(and some!) and are totally separate from OH's financial situation. He knows absolutely nothing about them, I'm ashamed to say I have to live a sort of double life which is no fun whatsoever and a massive strain sometimes:(.

    When I go for something I really go for it (vestiges of, I thought fully cured, manic depression many years ago:eek:) and only join challenges I feel I can achieve. I committed to £5 a day to start but surprised myself by beating it, so moved on to £7 and then £10. It's amazing how the encouragement of others can be so motivating. It's been fun in a way and I've found I can be more inventive than I expected when discovering even tiny money-saving/making opportunities. Lots of fellow challengers join in doubting that they can do it, but they invariably do (and more). Here's to the MSE Forum and all who sail in her:beer::beer::beer:
  • Watty1
    Watty1 Posts: 7,257 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Sometimes I think I would sell the house and move into a mobile home in the field with the horses. Call it a park home. A caravan. A log cabin. whatever. I'd be happy there even without the million lottery win :)
    Mr Watty and the Town Planners feel that such happiness should be denied though.
    Made it to mortgage free but what a muddle that became

    In the event the proverbial hits the fan then co-habitees are better stashing their cash than being mortgage free !!
  • beanielou
    beanielou Posts: 96,703 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Me~~ I just would like a maintenence free house :rotfl:
    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.
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