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Prosperous soul in the making
Comments
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The debt is going down, that's the main thing.
Busy can be good, make sure you're getting fresh air, walks / drives and taking in different locations and scenery.Mortgage started 2020, aiming to clear 31/12/2029.4 -
The hardest part of long term debt repayment is the last part. The final slog. You're doing great.Mortgage at 12/07/2022 = £175,000
Mortgage today = £161,690.76
300 271 payments to go.House buyout fund £21,000/£40,000
6 -
Just want to add my congrats to your DS for the new job and the location. Very exciting
Mortgage restart June 2018 £119950Re mortgage August 19 £110470, … Mortgage November 22 £85600 final 0% CC 3300Home renovations - £65000, mid 2018 - mid 20224 -
All looking good for you and yours SH If you have built castles in the air, your work should not be lost; that is where they should be. Now put the foundations under them
Emergency fund 350/1000
Buffer fund 100/100
Debt Free (again) 25/07/20255 -
Thanks MF DIA Jwil MFD and GAP
Hoping to repay another _65 off debt before payday. I've had a series of unplanned bills recently so cashflowing those.
We had the house valued this week by an EA so at least we can consider it's likely value in longer term plans.
DS main client over a month late paying him. DS now owes us £400. Hope we get it back. He starts his first proper job with life insurance, pension and everything Monday. He's growing up.
DD is doing well with driving lessons...
Hope all is going well with youAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.3K Equity 36.55%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £30.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 35.5/£127.5K target 27.8% 14/11/25
(If took bigger lump sum = 62K or 48.6%)
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 £5.1K updated 14/11/257 -
You've come so far in quite a short time with getting everything cleared.
DS will settle in and get used to having a reliable income. Hopefully the client will pay soon.
DD is determined to grab her independence, long may it continue.Mortgage started 2020, aiming to clear 31/12/2029.5 -
All sounds busy but good, I hope the EA valuation was good news for your future plans.
Good luck to ds on his first day at work.
H x4 -
Thanks MF and HM. Left work early today and went to an outlet mall with DD. I picked up 2 dresses in the sale plus some leggings for under £45. DD picked 3 pairs of N*ke trainers for £48. I gave her £37.50 towards them as part of last clothing allowance. We were only there an hour. Picked up a couple of nail varnishes for me too. Good value trip.
Booked tomorrow off as have counseling and feeling tired anyway. Hope the weather improves at the weekend.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.3K Equity 36.55%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £30.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 35.5/£127.5K target 27.8% 14/11/25
(If took bigger lump sum = 62K or 48.6%)
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 £5.1K updated 14/11/255 -
Sounds like you got some bargains shopping. DD seems to be enjoying her driving lessons hope she passes soon as they're so expensive.
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 Lucielle. DD went on open road on lesson 2 and is doing well. She is block booking 10 lessons for 290 next week but has that from us in her account alreadyAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.3K Equity 36.55%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £30.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 35.5/£127.5K target 27.8% 14/11/25
(If took bigger lump sum = 62K or 48.6%)
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 £5.1K updated 14/11/256
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