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From debt to freedom...

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  • Spendless
    Spendless Posts: 24,662 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Congratulations. 
  • savingholmes
    savingholmes Posts: 28,958 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Huge congratulations 
    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
  • Sunshine_girl2
    Sunshine_girl2 Posts: 3,071 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Congratulations to you both. 
    Life is an adventure, never stop exploring.

  • Willowtree222
    Willowtree222 Posts: 8,194 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Congratulations 🎊 x
    September 2017 Debt = £25330

    Starting afresh.

    You can do anything if you put your mind to it. x
  • sudonum-mum
    sudonum-mum Posts: 45 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Congratulations 💑
  • Honeysucklelou2
    Honeysucklelou2 Posts: 4,804 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Thank you everyone for your lovely messages. We had a wonderful day with family and close friends. My uni friends came so I was able to have a few days beforehand with them which was fab. Due to the geography of our various homes, we don’t get many opportunities to meet up, so really appreciate the times when we can. As the years go by, it’s precious too, to see our children get on so well.

    It’s been a very busy few weeks since the wedding with juggling both jobs. DD4 has been busy with her exams and is now awaiting her results in August.  Getting her through uni is now our biggest financial challenge ( after the mortgage) so am plodding on with both jobs for the minute so that I can put aside as much as possible for her.

    DH has very kindly organised a mini digger that has been able to do more at the allotment than I could do in weeks. I now have a blank canvas. The greenhouses were cleared and  now have tomato plants taking over!! I do want to plan the allotment carefully so as to grow as much as possible

    Other than that, I want to crack on with getting rid of the last of the debt. Overpayments took a bit of a backseat while I was paying towards the wedding but I really want to get them gone for good.


    paydbx2025 #26 £890/£5000 . Mortgage start £148k June 23 - now £138k.
    2025 savings challenge £0/£2000     EF £140. Savings 2 £30.00. 17
  • savingholmes
    savingholmes Posts: 28,958 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Love that you now have a blank canvas at the allotments and that your OH provided practical support. Good luck with the finances as ever.
    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: 13,171 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    That sounds full-on but all oh-so-constructive! Amazing to have a blank canvas to work on, and all the work you've put in, in the past, will mean you are in a good place to make the right choices for your land: what grows well in your soil, what the microclimates are, what varieties you favour and what you'd like to try, etc, etc. And how nice that it's a joint project for you two as a couple, even if that means you pointing out where the digger needs to go next! Have a blessed summer - I think you will. :) 
    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
    Lovely to have an update from you HSL. How nice you got to catch up with old friends. 

    Yes, supporting student offspring thru Uni when they dont get enough to live on themselves can be a challenge. I certainly wish Id thought about it sooner. 

    How exciting to have a clean slate with the allotment. 


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