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Prosperous soul in the making
Comments
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That's a great reduction, not long to go until you're DF!Mortgage started 2020, aiming to clear 31/12/2029.4
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Thanks Jwil and MF. Lovely to go from 5 figure debt to 4. Starting to believe we can hit our desired DFD of May/June.
I have had a lovely lie in. Need to work this afternoon though. Little worried as I seem to have toothache. Need to find some painkillers Hope it goes away. I have a private dental check up in just over a month.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 29/7/255 -
Well done SH, that must feel amazing, you're doing so well!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!4 -
Yay - 4 figures !! that's fabulous - make you sure you wave at £0000 as you whizz past itI think I saw you in an ice cream parlour
Drinking milk shakes, cold and long
Smiling and waving and looking so fine4 -
Thanks BH30 and Mark... Waves at debt....
A direct debit went out today - so actually down to £9707. Unless I get a pay rise by then (which is possible if job regrade goes through) April and May payments will be trickier as I will have bought holidays - reducing my monthly pay. My elec and gas are going up £20 a month from Feb pay period and I am expecting CT to go up in April too. It's a good time to be getting closer to debt free with bills rising all over the show and child benefit due to disappear for us in the summer with DD leaving 6th form.
This weekend need to book DD an optician's appointment and look for apprenticeships for her...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 29/7/254 -
Keep the belief as it will happen, even if it's a month later, it's still going. It's only a few months away until you're DF.
Has DD given any indication as to what apprenticeship takes her fancy?
Hope your tooth has eased off.
Mortgage started 2020, aiming to clear 31/12/2029.4 -
Well done on the payments
LTotal 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 #1244 -
Thanks MF and Lucielle
DD wants an engineering apprenticeship. Just hope it works out for her. Keep reminding myself that if she really wants something she goes all out and can make it work... I hope...
MF - you're right we should be within 1 month of my desired goal... Our annual motoring bills all hit July-Sept time though....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 29/7/256 -
Well done on reaching 4 figures, that’s fantastic!Debt at LBM (Dec 2018): £23,167
Debt free Feb 20213 -
Wow SH, you are really powering through with the debt clearance. Fantastic, not long before it will be cleared at this rate.paydbx2025 #26 £890/£5000 . Mortgage start £148k June 23 - now £138k.
2025 savings challenge £0/£2000 EF £140. Savings 2 £30.00. 173
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