We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!

From debt to freedom...

Options
1361362364366367452

Comments

  • savingholmes
    savingholmes Posts: 28,958 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glad you are having a better time. 

    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £3K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £22.5K + Lump Sums DB £4.6K + (25% of SIPP 1.1K) = 28.2/£127.5K target 22;12% updated 6/7
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.6K updated 6/7/25
  • Spendless
    Spendless Posts: 24,663 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Oh well spotted Sudnomum - that one had escaped me too -lol. Lovely to read HSL. You deserve this. 
  • Bluegreen143
    Bluegreen143 Posts: 3,704 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Lovely news HSL, glad to hear you’ve met someone. It’s good for you to prioritise your own happiness and fun when you work so hard so much of the time, between your jobs and family.
    Part time working mum | Married in 2014 | DS born 2015 & DD born 2018

    https://forums.moneysavingexpert.com/discussion/6542225/stopping-the-backsliding-a-family-of-four-no-longer-living-beyond-their-means/p1?new=1

    Consumer debt free!
    Mortgage: -£128,033

    Savings: £6,050
    - Emergency fund £1,515
    - New kitchen £556
    - December £420
    - Holiday £3,427
    - Bills £132

    Total joint pension savings: £55,425
  • dawnybabes
    dawnybabes Posts: 3,338 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Awww that’s fab - hopefully help you heal x
    Sealed pot challenge 822

    Jan - £176.66 :j
  • Spendless said:
    Oh well spotted Sudnomum - that one had escaped me too -lol. Lovely to read HSL. You deserve this. 
    and me! Get In Honeysuckle! :) 
    Nevertheless she persisted.
  • Humdinger1
    Humdinger1 Posts: 2,293 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Fab news! Enjoy it; you really do deserve to be appreciated love Humdinger xx 
  • Honeysucklelou2
    Honeysucklelou2 Posts: 4,804 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    In the midst of the busyness I was able to finish work at Job 1 earlier which meant I got home at 4. DD2 met us at home and suggested the beach. She has got into daily swimming in the sea so we went to what is our nearest, accessible by road, cove. I tend to avoid it, as it features in a TV series so is  usually packed with tourists but in early evening we squeezed into the last possible parking space.  It was lovely to be next to the sea. It’s been so mad, I haven’t been on a cliff top for a few weeks 😳🙄, but so good to walk along the cliff path and see the sparkling turquoise sea. There were quite a few swimmers and paddle boarders enjoying the  late afternoon sun. A relaxing start to the weekend!
    paydbx2025 #26 £890/£5000 . Mortgage start £148k June 23 - now £138k.
    2025 savings challenge £0/£2000
    EF £140. Savings 2 £30.00. 17
  • janb5
    janb5 Posts: 2,673 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    Excellent news re the debts whittling down- that must be so good to see a steady fall . xx
  • lucielle
    lucielle Posts: 11,503 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The end of a credit card is in sight!
    L
    Total 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 #124
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
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K 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.