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Getting there...slowly.

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  • Not sure if I asked before but can you get your employer to fund and then clawback by way of salary sacrifice? That way you save the tax.
    June 2026, Mortgage free, Emergency fund fully funded & £200/200 cash maximum pb holding .:jWeight 12st challenge 11st 2lb

    Gift to children challenge £40k in 2 years. Short term gift challenge 7 presents and $1300 can by September.

    Tend to the part of the garden you can reach

    https://forums.moneysavingexpert.com/discussion/6673398/hopefully-cruising-with-focus-towards-retirement#latest
  • girlatplay
    girlatplay Posts: 3,884
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Forumite
    Just popping on to update my signature, not that there is much doing really.

    The company I work for is not really in a position to fund at the moment. We are clinging on by our fingernails! It's a good idea though and I will keep it in mind for if things get better and for when study gets more expensive, which I'm sure it will.

    :)
    Mortgage at 12/07/2022 = £175,000
    Mortgage at 31/03/2026 = £154,976.87
    300 256 payments to go.
    House buyout fund £26517.34/£36,000
  • If they fund and you pay in total, you save the tax with no cost for them.
    June 2026, Mortgage free, Emergency fund fully funded & £200/200 cash maximum pb holding .:jWeight 12st challenge 11st 2lb

    Gift to children challenge £40k in 2 years. Short term gift challenge 7 presents and $1300 can by September.

    Tend to the part of the garden you can reach

    https://forums.moneysavingexpert.com/discussion/6673398/hopefully-cruising-with-focus-towards-retirement#latest
  • girlatplay
    girlatplay Posts: 3,884
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Forumite
    Ah I see. I will need to look into that further. Thank you for that.
    Mortgage at 12/07/2022 = £175,000
    Mortgage at 31/03/2026 = £154,976.87
    300 256 payments to go.
    House buyout fund £26517.34/£36,000
  • girlatplay
    girlatplay Posts: 3,884
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Forumite
    edited 9 June 2015 at 9:30AM
    There has been a huge change in my financial situation. I will be back shortly to link a new diary.

    Scary but exciting times!

    Here it is: EEK!
    Mortgage at 12/07/2022 = £175,000
    Mortgage at 31/03/2026 = £154,976.87
    300 256 payments to go.
    House buyout fund £26517.34/£36,000
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