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Baby steps to mortgage freedom for beanielou.
Comments
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KajiKita said:Good morning 🌞 (just! 😉).
Hope you are having a lovely day 😊
KK xI 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.4 -
RosaBernicia said:I'm glad you are getting more help but can understand it's hard.Do you have any access to counselling or other mental health type help with adjusting to the transition?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.4 -
I have had a tough but needed conversation with my mum. I understand that the way she deals with things to a degree is to try to block things out. However I am unfortunately now at the stage I do need to try to get my difficulties across to her. Obviously she does not live with me so doesn’t see me when I am just am not at my best. Hmmmm.But then according to the media I am a benefit scrounger.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.6 -
Well done for having the difficult but necessary conversation with your mum.Stuff the whatsit meeja! I’d like to see a single one of them cope with what you have had to deal with in recent years, with your grace, dignity, determination and generosity towards others! I very consciously pay my taxes because I know it will be there to help others less able than myself. If you are one of those my taxes go to, I consider it an honour.Sending hugs, big, squashy, but gentle ones xAs at 15.09.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £230,969
- OPs to mortgage = £12,270 Interest saved £5,816 to date
Fixed rate 3.85% ends October 2030
Read 51 books of target 52 in 2025, as @ 17th September
Produce tracker: £389 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.6 -
I don’t think anyone could think of you that way Beanie. I hope you manage to get your mum to understand.Mortgage OP 2025 £6750/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £35,463
Declutter 16/244
Money making challenge £58/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)5 -
Sorry things are tough at the moment, and well done for having the conversation with your Mum.
You are in no way a benefit scrounger and nor are the millions of others that need support for their physical and mental health. This vile government are stoking this nonsense to distract from their corruption and incompetence (and decimation of public services). Whilst some media lap it up, there are other sides of the media who recognise it for what it is."Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee5 -
You are definitely NOT a benefit scrounger! Ignore the media (usually the M@il and Gu@rdian) the same low lives who claim all civil servants are lazy 🤬 Thanks to the media we have had to go into the office 3 days a week despite being completely capable of doing our jobs from home 😡I get knocked down but I get up again (Chumbawamba, Tubthumping)5
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beanielou said:RosaBernicia said:I'm glad you are getting more help but can understand it's hard.Do you have any access to counselling or other mental health type help with adjusting to the transition?I think I recognise something like that feeling. But may I tell you something from the other side of the process (ie after over 3 recent years of counselling) that might be of use? The point of support is to help you deal with what you've got going on at the time, in whatever way works for you at the time. Nobody should be telling you to lie on a couch and discuss your dreams if what you asked for was help figuring out practical ways to help tomorrow be a bit easier than yesterday. And that may change over time if you choose.I'm also glad that you've made things clearer for your mum. But I'm sorry it's more difficult than it needs to be. (In case useful, Captain Awkward has some good 'scripts' for difficult family conversations. And Peg Streep on particularly difficult mothers.)The media who say that kind of thing are just controlled by people who think they should be able to make money out of people's desperation instead. (Just like the return to office **** is drummed up by the owners of office blocks.)RB xx
Debt free May 2016... DFW#2 in progress
Campervan paid off summer '21... MFW progress tbc5 -
I'm so sorry to hear of another fall Beanie
I am pleased you have some extra hours though do they start soon?
The best thing anyone can do with the (mainstream)media is switch it off. They control to the Nth degree what is put out there to sway public opinion and purposely incite groups of people against one another. I hate it all and never ever watch it or read it any more. They're all controlled by the same fat cats at the top and no one should listen to a darned thing they say. (soz didn't mean to rant on your thread). I hope you're doing okay today xxMORTGAGE BALANCE when we moved Aug 2024, £120,000. January 1st £118,267.06. May 1st, £116, 123, June 1st, £115,536, New mortgage added for extension- £165,000 July 1st!Mortgage Overpayments - September-December, £152.46. J- £103.27, F- £115, M- £91.50, A- £100, M- £200, J- £200. J- £200. A-£200, S- £200.
Total- £1562.23
Goal pay off 1% of current mortgage in 1 year. £1650
EF- first goal £300
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Glad you are getting more support. Family rarely understand what we need - I'm as guilty of that towards others as they are towards me - as none of us is in the other's skin and what we find difficult they find easy and vice verce.
The press has no memory and wax hot and cold on things by the day.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £172.5K Equity 36.11%
2) £1.8K Net savings after CCs 13/9/25
3) Mortgage neutral by 06/30 (AVC £26.8K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 32.6/£127.5K target 25.6% 13/9/25
(If took bigger lump sum = 54.5K or 42.7%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise)
(If bigger lump sum £15.8/30K 52.67%)
5) SIPP £4.8K updated 13/9/253
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