FIRE Through The Mortgage - MF by 55 - LATEST

Firegirl

Hating the redundancy process!:mad:

It's never ending :rotfl:

Firegirl

I want to be mortgage free!!!! This is a long slow road!!!

Karmacat

:rotfl: Aww! You'll get there, we promise!

A_Frayed_Knot

Firegirl wrote: »

I want to be mortgage free!!!! This is a long slow road!!!

What you need is a short term goal and forget about the bigger (mortgage) picture. What will you aim for this month 3 x 000's:) , 4 x 0000's:j or even 5 x 00000's:eek::D

Knot :rotfl: know what I'm talking about - see my signature

Firegirl

I know I should set short term goals but I just can't bring myself to do it!!!

Getting made redundant in December so I think once I get a new job I will settle into it again and hopefully smash my targets altogether!

I really need to get my savings to work harder for me rather than sitting in the offset account because I have such a low interest rate but I need to put it somewhere I really can't touch it! I'm wondering about using the Life Time ISA for this 'mortgage' money. Really need to get organised!!!

Watty1

Firegirl wrote: »

I want to be mortgage free!!!! This is a long slow road!!!

I can remember thinking I would never do it when I started out and yet it was achievable way quicker at the end. You will get there and sooner than you think The beginning parts are hard, the end starts to really fall away.

Karmacat

Firegirl wrote: »

I know I should set short term goals but I just can't bring myself to do it!!!

Getting made redundant in December so I think once I get a new job I will settle into it again and hopefully smash my targets altogether!

I really need to get my savings to work harder for me rather than sitting in the offset account because I have such a low interest rate but I need to put it somewhere I really can't touch it! I'm wondering about using the Life Time ISA for this 'mortgage' money. Really need to get organised!!!

I hate to tell you, but "getting my savings to work harder for me" is a short term goal, even if there's no figures attached :kisses3:

Also important - *why* is a short term goal so offputting? Any idea? Knowing that could be really helpful.

Firegirl

I think I can't plan at the moment because I HAD redundancy threat hanging over me!

Now drum roll...... I know I'm getting made redundant, got the official letter and I'll finish up in Dec......woooohooooo! 3 years of waiting and it's finally arrived. So the good news is redundancy package will def keep me on target but can't get to excited about that until I get another job lined up!!!

Looked up rates for making my savings work better and the rates are awful!!!

Got a good eBay sale with £4 profit so that was a good wee earner!

Karmacat

Then a redundancy is good news! Excellent! Money rates are awful, aren't they, lots of mse-type wiggles required. You'll do it

cookie9

Sorry about the redundancy Firegirl. Re savings I put £750 into my Nationwide Account for 3 months so qualified for their 5% reg saver account without having to switch main accounts. The good thing about it is that you can withdraw and then re pay in later that month. Good luck.