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Oh Bum's to it all

ohbumstoitall · 2018-02-18 18:17:39

My username reflects my current mood. I just want to pack it all in, escape to an island and forget I ever had debt. BUT.....I can't do that. I was doing okay, I had reduced my debt but then I [STRIKE]might've[/STRIKE] had an episode and spent 10k on my Amex. Whilst it's a huge issue that I've spent all this money, the…

Comments

savingholmes Posts: 29,049 Forumite

6 March 2018 at 8:16AM

Well done on not spending. Sounds like you have a lot of ebaying to do.... turning past mistakes into cash is a good thing. I like Revolution too... my daughter introduced me to it - and I prefer it to my No 7 pallette

Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £172.5K Equity 36.11%
2) £1.8K Net savings after CCs 13/9/25
3) Mortgage neutral by 06/30 (AVC £26.8K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 32.6/£127.5K target 25.6% 13/9/25
(If took bigger lump sum = 54.5K or 42.7%)
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 £4.8K updated 13/9/25
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