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From debt to freedom...
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I imagine it's too late if financial order in place?Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £167.4K Equity 38% 3/4/26
2) £2.5K Net savings after CCs 14/4/26 (but owed £1.1K) so £3.6K
3) Mortgage neutral by 06/30 (AVC £38.5K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 44.4K of £127.5K target 34.8% 17/4/26 (If took bigger lump sum = 66.4K or 52%)
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 £5.3K updated 17/4/261 -
Could be - I have no idea about these things. Thought it was worth a mention though - just in case.Mortgage free 16/06/2023! £132,500 cleared in 11 years, 3 months and 7 days
'Now is no time to think of what you do not have. Think of what you can do with what there is.' Ernest Hemingway1 -
Thank you Parkyp, SH, SA, Spendless, themadvix and Cherryfudge.
themadvix - when I raised the child maintenance question, I was told it was a different matter to the financial order. Sounds like a good negotiating position particularly if you haven’t received child maintenance anyway.
Spendless - our last one was 6 years ago .
SA - scary thought !
Have done the last 3 nights at Job 2 so am utterly shattered. Lots to try and catch up on today.paydbx2026 #19 £1499/£6000 . Mortgage start £148k June 23 - now £133k.
2026 savings challenge £0/£2000 EF £140. Savings 2 £2.173 -
Just catching up, all seems good in your world.
Would this friend you've been mentioning be of a romantic type (I hope so) ?1 -
Hope you are doing okay and get to do some nice stuff for you to balance the job juggling.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £167.4K Equity 38% 3/4/26
2) £2.5K Net savings after CCs 14/4/26 (but owed £1.1K) so £3.6K
3) Mortgage neutral by 06/30 (AVC £38.5K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 44.4K of £127.5K target 34.8% 17/4/26 (If took bigger lump sum = 66.4K or 52%)
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 £5.3K updated 17/4/261 -
Thank you Sudonum-mum and SH.
Sudonum-mum - yes, of the romantic type. It has taken me quite by surprise, made me realise how much the ex’s behaviour had affected me in ways I hadn’t realised but am now just taking it day by day and enjoying my friend’s company 🙂.
Work is still crazy juggling but getting to the last weeks of the academic year so know it won’t be too long to the end of term!paydbx2026 #19 £1499/£6000 . Mortgage start £148k June 23 - now £133k.
2026 savings challenge £0/£2000 EF £140. Savings 2 £2.1711 -
That's so lovely to read!
LTotal Debt Dec 07 £59875.83 Overdrafts £2900,New Debt Figure ZERO !!!!!!:j 08/06/2013
Lucielle's Daring Debt Free Journey
DFD Before we Die!!!! Long Haul Supporter #1242 -
Change ahead in your world then! Hope everything continues to look up.Debt free Feb 2021 🎉2
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How lovely that you've met someone nice! Very wise to take it a day at a time, you have so much on your plate.
I think a bit of sunshine is good for frugal living. (Cranky40)
The sun's been out and I think I’m solar powered (Onebrokelady)
Fashion on the Ration 2025: Fabric 2, men's socks 3, Duvet 7.5, 2 t-shirts 10, men's socks 3, uniform top 0, hat 0, shoes 5 = 30.5/68
2024: Trainers 5, dress 7, slippers 5, 2 prs socks (gift) 2, 3 prs white socks 3, t-shirts x 2 10, 6 prs socks: mostly gifts 6, duvet set 7.5 = 45.5/68 coupons
20.5 coupons used in 2020. 62.5 used in 2021. 94.5 remaining as of 21/3/223 -
You deserve to meet someone nice after all you’ve been through. Enjoy taking it slowly 😊I get knocked down but I get up again (Chumbawamba, Tubthumping)2
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