📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Hope is not an Effective Financial Strategy

1423424426428429436

Comments

  • Jessy103
    Jessy103 Posts: 2,323 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Sorry to hear about your doggo, SJ. I hope all goes well with the surgery and wish him a speedy recovery ❤
    Mortgage Balance as of July 2025 £14,900.
    Starting Mortgage Balance (June 2019) £72,000.
    Aiming to be mortgage free by my 40th birthday, June 2026!
  • savingholmes
    savingholmes Posts: 29,049 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sorry about your pooch. Hope it improves soon. 

    Good luck with the decluttering mission.
    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 13/9/25
  • Sorry to hear about your pooch, hope that the surgery goes well. CM
  • Fingers crossed for the woofer SJ. They really are part of the family so it’s always emotional. 
    DFW (08/08) £64,346.53 Gone (02/19)
    MFW (08/08) £118k Gone (09/23)
  • Cheery_Daff
    Cheery_Daff Posts: 17,372 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Poor dog 😕 here's hoping for a swift recovery for both him and your finances. What wisdom in not making a decision when emotional.

    Glad you got out for your half marathon, well done! Lovely way to end the year.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.6K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.6K Work, Benefits & Business
  • 600K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.