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
1376377379381382452

Comments

  • Sun_Addict
    Sun_Addict Posts: 23,990 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I’m glad you had a lovely Christmas Day but sorry to hear you’re not well. Hope you feel better soon. 
    I get knocked down but I get up again (Chumbawamba, Tubthumping)
  • lucielle
    lucielle Posts: 11,499 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The bonus was nice to get. Hope you get some more rest in before you go back. 
    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
  • savingholmes
    savingholmes Posts: 28,958 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glad you got to see all your kids.

    Good news on the bonus too.
    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
  • Cherryfudge
    Cherryfudge Posts: 13,177 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Yay to the Christmas bonus - and good choices on how to spend it. :) Make the most of the 'downtime' before job 1 starts again (I know that won't mean total rest but physical rest when you can).

    It's wet and grey here too. I'm reminding myself that spring is on the way.
    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 21/3/22
  • Spendless
    Spendless Posts: 24,662 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Happy New Year. Hope you're feeling better. Good news re the bonus. Wonder what 2023 will fetch you. Think I predicted a year ago that the last 12 months wouldn't fetch a total conclusion but would be well into light at the end of the tunnel. I think I was right. This year I think you'll get a lot more conclusions, the mortgage going completely through, not sure if divorce is finalised yet and either fully get rid or come very close to getting rid of the debt. I suspect in 2 years time you are going to be in very different circumstances. . 
  • savingholmes
    savingholmes Posts: 28,958 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Happy New Year!
    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
  • jak
    jak Posts: 2,027 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Happy new year. I've just caught up with your wonderful diary. You have come so far. Amazing to read.
    JAK x
    2022 Comp total (prizes + free spins): £494.81 #20 £12 a day Jan: £382.95/£372 #57 360 1p challenge: £17.70 £10 a day Feb: £571.09/£280 March: £311.96/£310
  • Cherryfudge
    Cherryfudge Posts: 13,177 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You're braver than I am! Swimming in the sea on NYD! Wow.

    Things sound crazily busy, I hope you can get some rest at the end of today.
    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 21/3/22
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.