Only freedom will do

Karmacat

Awwww! On that basis, go on about the rankling as much as you want! Enjoy the endorphine acquisition :j:j:j

Tilly_MFW_in_6_YRS

Mr E, I gave both mine chopped frozen carrots to chew on when they were teething. It's a horrible period to work through and every parent can empathise.

Walk, run, swear, shout - she will come though and be out of pain.

Take it easy, both of you.

Tilly x x x

RoaringTwenties

Oh Ed I don't envy you, my DD wasn't too bad with teething but DS was awful, he howled every night without fail for months. I wish I had a magic cure to pass on but if any of us had that we'd have brought it to market by now . I know I tried everything with DS & in the end just let him gnaw my fingers to bits <unhelpful>

As everyone else says though it does come to an end [STRIKE]just in time for the Terrible Twos to start [/STRIKE]

She must be one fairly soon? What a milestone x

edinburgher

Thanks for the suggestions and solidarity all, starting to think that she might be getting a molar very early :eek:

She must be one fairly soon?

Yes, mid-May, what a lovely year we have had so far

Got out for a sunny walk yesterday afternoon, I think I managed to confuse quite a lot of people by walking around in my T-shirt sleeves, we are 30 years or so younger than most of our neighbours :rotfl:

It also looks like we've finally made some progress re. defective vanity unit, the part should be in stock this week and we may have a fix by Easter.

Finances, schminances...

• Credit card bills of doom cleared, £3,100+ :eek:
• £22.61 paid off of 0% cards
• £300 of new secured P2P loans paid for, now at £11,301.97 @ 9.17% after tax, 76%+ secured against assets
• Purchased some loan parts for Mrs E on one of the secondary P2P exchanges
• Referred a MSEr to R@teSetter
• Transfers out started for lots of MB activity (bookies, exchanges etc.)
• £4.34 transferred to Monthly Project pot
• Considering spending some of my pocket money on.... myself!

edinburgher

Well, not much going on in the scintillating world of high finance, unless a sub-£1 OP and a £1.69 contribution to my Monthly Project pot count? :rotfl:

I have, however, spent a morning nerding out in the land of spreadsheets and now have a Spockworthy solution to the month end quandry of 'What do I do with the leftover money? Pay off a bit of credit card debt? Top up the pension? etc.'

I have looked at my money in terms of asset allocation and analysed how it is spread across debt/cash/P2P/equities/bonds/home equity. I now have a target allocation for each and the question now becomes a monthly one of rebalancing (i.e. getting as close to the target as quickly as is efficient). The existing data in our net worth spreadsheet feeds into this and provides a quick visual indicator as to what parts of the portfolio are most out of alignment. This, in turn, is used to weight the division of any given amount of spare money so that it is used where it is needed most. Kind of like a snowball calculator for lifetime financial planning.

So the Monthly Project looks like it's already obsolete 2-3 months in! Money will now get dumped into a pot and split at month end based on equations, not gut feel.

Interestingly enough, gut feel has been very reliable up to this point! Cash/P2P and equities are nearly spot on where I'd want them to be (not bad for the culmination of 3-4 years of dilligent, but aimless striving towards financial goals) Bonds are massively underweight (understandable, they're a new category), home equity is also far too low, but that was a conscious decision when we released equity moving between houses.

What have I learned from this finely honed exercise in dicking around? Well...

• It's important to trust yourself, ergodicity will take care of the rest
• You can succeed without a plan, but you won't know it!
• Having a paid off house will be a big part of our financial future whether it excites me or not
• FI will not be achieved *until* we have a paid off house (in fact, they should be concurrent)
• My desire to make OPs was the result of awesome mental clarity, not just being surrounded by obssesives (although it helped)

tldr - I did some sums, OPs are still important :rotfl:

hiddenshadow

I like your TL;DR.

We're still running mostly in gut feel mode, but my gut pretty much always defaults to OP the mortgage (though we're also doing pensions behind-the-scenes). It helps that we should have a pretty short timeframe to need to do that, and then we can go great guns at actual wealth building.

earthgirl

edinburgher wrote: »

What have I learned from this finely honed exercise in dicking around? Well...

tldr - I did some sums, OPs are still important :rotfl:

What I have learnt from your finely honed exercise is.... I love your posts! Thanks for sharing so much and making me laugh!:rotfl:

in_need_of_direction

Loving ergodicity.

Karmacat

earthgirl wrote: »

What I have learnt from your finely honed exercise is.... I love your posts! Thanks for sharing so much and making me laugh!:rotfl:

Ditto :j
But I have no idea what tldr means please tell me

edinburgher

Too long didn't read