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Prosperous soul in the making

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  • MovingForwards
    MovingForwards Posts: 17,150 Forumite
    10,000 Posts Seventh Anniversary Name Dropper Photogenic
    I'm sure you'll work something out for attending.

    Hope DH feels better soon. He is monitoring and eating regularly I assume.

    Debts going down quickly now 😃
    Mortgage started 2020, aiming to clear 31/12/2029.
  • SH my mums doctors are now giving type 2 or pre diabetic patients access to a diabetic pack, which includes an app, bluetooth scales and recipe books to help control. Shes only just got it and it sounds interesting, my be worth asking if your doctors can offer anything x
    Mortgage start date Nov 2014  - £90,545 over 25 years
    Re-mortgage Oct 2017 - 78,295 over 23 years
    Re-mortgage Jan 2020 - 55,000 over 26 years @ 1.94%
    Current Mortgage Outstanding Middle December 2020 - £
    47893.35 - a reduction of £42,652 in just over 6 years!  


  • jwil
    jwil Posts: 22,096 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    All sounding really positive SH :)
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • MovingForwards
    MovingForwards Posts: 17,150 Forumite
    10,000 Posts Seventh Anniversary Name Dropper Photogenic
    Slow and steady SH. Replacing the naughty food with good food is the first step. Try and do a walk each day next week and then increase your distance or laps on the nicer days. Focus on consistency and the small achievements.

    Everything else will fall into place.
    Mortgage started 2020, aiming to clear 31/12/2029.
  • savingholmes
    savingholmes Posts: 28,997 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    HI Tahlullah - are chat went well. He's probably earned about £700 this month (£300 in December). It's very up and down. I agreed  for this month he will buy himself £20 worth of meat a week and that he can put most of the rest of his earnings towards debt as he's paying horrific interest. Trying to teach him responsibility but it's a difficult balance. Told him he should know to the pound how much debt he's in and how much interest he's paying. I said it would help him look at the £5 coffee and realise it was costing him £7 with interest and then might not buy it etc... I've said I'll hold him accountable monthly for his progress. Will see how that goes. I want him to learn from our mistakes not repeat them.

    MF you will be glad to know DH and I went for a walk mid afternoon today with pooch. Broke the working day up nicely.  
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £1.6K Net savings after CCs 14/8/25
    3) Mortgage neutral by 06/30 (AVC £25.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.1/£127.5K target 24.4% 15/8/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
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