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FIRE Through The Mortgage - MF by 55 - LATEST

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  • Firegirl
    Firegirl Posts: 1,007 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    I'm being a bit more careful what I buy in the bargain section! Good tip to tell Asda they weren't nice next time!!!
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535

    Retirement Planning
    Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,500
  • Firegirl
    Firegirl Posts: 1,007 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    Mortgage balance updated

    Job prospects are looking up now. There's a few rumblings so fingers crossed something comes up for me soon! I've put my redundency pay in my offset mortgage savings so it can stay there til I get a job and then I'll decide what to do with it!
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535

    Retirement Planning
    Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,500
  • Firegirl
    Firegirl Posts: 1,007 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    Still no job but have applied for 1 with a 2/3 pay cut but I'd be there for the kids to drop and collect from school. They are growing up way to fast and I'm half thinking I can rejoin the rat race when they get older.

    I'm enjoying volunteering and realising there is a reason they call working in certain high pressure environments selling your soul to the devil! The more I'm away from all the stress I feel healthier and everything. So watch this space!!!! Who knows what I'll be doing next!
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535

    Retirement Planning
    Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,500
  • Firegirl
    Firegirl Posts: 1,007 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    Sig updated. So close to breaking the 10k barrier. Planning to do a lot of fleabaying this afternoon.
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535

    Retirement Planning
    Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,500
  • lippy1923
    lippy1923 Posts: 1,374 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Good luck with the job hunt. And well done on the almost 10k barrier. You are sooooo close :-)
    Total Mortgage OP £61,000
    Outstanding Mortgage £27,971
    Emergency Fund £62,100
    I AM NOW MORTGAGE NEUTRAL!!!! <<Sep-20>>

  • Firegirl
    Firegirl Posts: 1,007 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    Can't believe I woke in the night and had to check my mortgage balance!!!

    I am very excited to say that I have knocked 10k off my mortgage balance!!!! :j:j This is a mix of redundancy payment and taking money from investment profit.

    This reduces my monthly payment by £50 a month........obviously I'll be overpaying that.

    I wouldn't have this every year but it's a great we boost this year!!!

    Excited looking at my sig!!!:beer:
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535

    Retirement Planning
    Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,500
  • Karmacat
    Karmacat Posts: 39,460 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Congratulations Firgirl! No wonder you were excited! That's a big step in the right direction :):):)
    2023: the year I get to buy a car
  • Firegirl
    Firegirl Posts: 1,007 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    Thanks KC!!!!
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535

    Retirement Planning
    Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,500
  • A_Frayed_Knot
    A_Frayed_Knot Posts: 3,308 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    Congratulations from me too, Well done :j

    Fleabaying should also help, great to bring in the ££'s


    Good Luck on the job hunt.
    Always have 00.00 at the end of your mortgage and one day it will all be 0's :dance:
    MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_
    Now a Part Timer from 27.10.19
  • Firegirl
    Firegirl Posts: 1,007 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    Thanks AFK!!!

    I've just signed in to update my sig again because I hadn't taken into account my normal mortgage payment coming off!!!

    I really want to focus on breaking the 200k barrier but with no job this will be a lot more tricky!!!!! Where there's a will there's a way!

    2 month plan
    Asda bargains
    Use up food in the freezer and cupboards
    No popping to shops
    Cut down on coffee trips
    Walk with friends rather than coffee- get fit and save money
    Get a job!!!!!! (That should be top of the list but I'm enjoying time with my boys way to much!)

    I need to set some new targets!!! Watch this space!
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535

    Retirement Planning
    Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,500
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