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Prosperous soul in the making
Comments
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You sound so motivated and focussed SavingH! That's one positive about lockdown, no extra spends!Total (Aug 19):€58,567 Now:€26,947
DFD:Nov 22/June 22
Mortgage: €199,712
MFD: March 2042/July 20344 -
Thanks CMD. Lost 3lb this week just by cutting out snacks. Shows what focus and discipline can do. Hope you are keeping okay.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
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 £5K updated 10/10/257 -
way to go SH - what a great result and nice for your determination to be rewardedI think I saw you in an ice cream parlour
Drinking milk shakes, cold and long
Smiling and waving and looking so fine3 -
All you can do is take advantage of the savings where you can and pay as much off while we are in this situation. That will provide great inroads and leave a little bit if things change sooner rather than later.
Well done losing 3lb, that must spur you on.Mortgage started 2020, aiming to clear 31/12/2029.3 -
That's an excellent result on the weight loss SH.
I was reading an article somewhere online, comparing how you know you are getting older to when you were definitely younger. I had to laugh when it said that you used to lose 3lb by not eating for a day. They are right! I used to stay in bed because I couldn't be bothered to get up and I would lose weight! Gone are the days!!What I do not give, you must never take by force.
Mortgage outstanding - 30/12/22 - £25,900. 31/01/23 - £22,300. 28/02/23 - £20,500. 31/03/23 - £17,500. 30/04/23 - £15,800. 30/05/23 - £13,800. 31/06/23 - £11,300. 31/07/23 - £9,800. 31/08/23 - £8,300. 30/09/23 - £6,000. 31/10/23 - £3,000. 30/11/23 - £1,200. 06/12/23 - £00.00
God save us everyone, As we burn inside the fire of a thousand suns, For the sins of our hands, The sins of our tongues, The sins of our fathers, The sins of our young. Linkin Park4 -
Thanks Tahlullah, MF and Mark
Well finished a couple of hours early this week. Can make it up as flexi at some point. Work agreed that I can have the time off I need for the course. Want to do some more writing this weekend and more marketing. Not done any all week. Last weekend's course was good but wiped me out... Planning to just relax for a bit.
Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
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 £5K updated 10/10/255 -
As a spur to helping you along have you considered donating your weight loss to charity or a CC payment?If it's not adding up, compound it!4
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That's a fab idea. I've been watching the Rich Hse Poor Hse programme this week. Either end of the divide is food for thought. We're luckily closer to the middle of the two - even with our outstanding debt. I could make it a goal to pay £ towards our local food bank based on weight lost by each pay day. Watching that programme has made me even more conscious of how much we spend on food. DS cooked 1kg of mince as part of a spag bol tonight. I normally divide it up and would have saved betweem a third and a half for another day. I didn't and it all went! I didn't have seconds so it wasn't me - but still I was really shocked!Grogged said:As a spur to helping you along have you considered donating your weight loss to charity or a CC payment?
Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
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 £5K updated 10/10/257 -
DH was disgusted last week when he saw me bulking out our mince with some oats. He was adamant he wouldn't like it despite the fact this is what I do every time - he just hasn't noticed before!7
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WK, I didn't know that was a thing. I guess it's the equivalent of haggis? I will give this a try, I am really interested in this. Is there a guesstimate as to proportions of oats to mince? Thanks.What I do not give, you must never take by force.
Mortgage outstanding - 30/12/22 - £25,900. 31/01/23 - £22,300. 28/02/23 - £20,500. 31/03/23 - £17,500. 30/04/23 - £15,800. 30/05/23 - £13,800. 31/06/23 - £11,300. 31/07/23 - £9,800. 31/08/23 - £8,300. 30/09/23 - £6,000. 31/10/23 - £3,000. 30/11/23 - £1,200. 06/12/23 - £00.00
God save us everyone, As we burn inside the fire of a thousand suns, For the sins of our hands, The sins of our tongues, The sins of our fathers, The sins of our young. Linkin Park5
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