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LBM no 1 million and 1

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  • I have been thinking about cashing in a small pension when I’m 55. It’s only worth about £20 per month when I’m 60 but I just thought I could use it to pay off some CC debt. I thought it was worth about £1k but when I’ve read up on it today I think it might be worth a fair bit more than that. I’ve e-mauled them today to ask what it’s worth if I cash it in so Cross your fingers that I have read this correctly. We will see. Have a good day folks and take care xx
    5 Year plan. April 2020 to June 2025- CC and mortgage free by time I'm 60
    Currently CC £23,674.36 /£14,895.41/£14315.42
    Mortgage £28,214.65/ £26,254.71/ £25,746.43
    By end 2020 I want CC at £ 19,000.00.
    By end 2021 I want CC at £10,000.00
  • vonph1
    vonph1 Posts: 181 Forumite
    Part of the Furniture 100 Posts Photogenic Combo Breaker
    You are AWOL again
  • Ha ha ha you are right I have been. I just have nothing to tell to be honest. I’m working from home. Hardly leaving the house. What I’m saving in fares I’m spending on food as all three of us are at home all day every day. My groceries have been costing me at least £100 extra a month. 
    No word yet from pension company but I’m not 55 until 18th June so I’m not getting too annoyed about that yet.
    I’m still chatting to the lovely man I’ve met online. Meeting him on Friday once some restrictions are lifted in Scotland. Socially distancing. He is a big bloke, is baldy with tattoos. Just like a teddy bear lol so we will see what happens. He’s 5 years younger than me :wink:. Aria hope everyone is well xx
    5 Year plan. April 2020 to June 2025- CC and mortgage free by time I'm 60
    Currently CC £23,674.36 /£14,895.41/£14315.42
    Mortgage £28,214.65/ £26,254.71/ £25,746.43
    By end 2020 I want CC at £ 19,000.00.
    By end 2021 I want CC at £10,000.00
  • dawnybabes
    dawnybabes Posts: 3,348 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Ooh, exciting time’s, hope all goes well 😍😍
    Sealed pot challenge 822

    Jan - £176.66 :j
  • Me too dawnybabes. I’ve been on a few dates and all been a bit of a disaster. To be fair I wouldn’t normally look at this guy but because we have been speaking every day for weeks during lockdown we have quite a bind going on. So if no romance comes from it we will definitely remain friends. Must admit though I’m hoping it all works out 😊 x
    5 Year plan. April 2020 to June 2025- CC and mortgage free by time I'm 60
    Currently CC £23,674.36 /£14,895.41/£14315.42
    Mortgage £28,214.65/ £26,254.71/ £25,746.43
    By end 2020 I want CC at £ 19,000.00.
    By end 2021 I want CC at £10,000.00
  • Hope the meeting went well Xx
    Debts @ LBM £23,729.31. Debts @ 08/04/2016 £0 :j
    Best win so far - holiday to Florida
  • Well he turned up with a bottle of my favourite wine and a dozen red roses for me. He’s a keeper ladies. Such a sweetheart and the chemistry is off the scale. Lucky me :-)
    5 Year plan. April 2020 to June 2025- CC and mortgage free by time I'm 60
    Currently CC £23,674.36 /£14,895.41/£14315.42
    Mortgage £28,214.65/ £26,254.71/ £25,746.43
    By end 2020 I want CC at £ 19,000.00.
    By end 2021 I want CC at £10,000.00
  • Well he turned up with a bottle of my favourite wine and a dozen red roses for me. He’s a keeper ladies. Such a sweetheart and the chemistry is off the scale. Lucky me :-)
    So so happy for you. You deserve it Xx
    Debts @ LBM £23,729.31. Debts @ 08/04/2016 £0 :j
    Best win so far - holiday to Florida
  • Thanks plmbl. It’s about time I met someone nice lol
    5 Year plan. April 2020 to June 2025- CC and mortgage free by time I'm 60
    Currently CC £23,674.36 /£14,895.41/£14315.42
    Mortgage £28,214.65/ £26,254.71/ £25,746.43
    By end 2020 I want CC at £ 19,000.00.
    By end 2021 I want CC at £10,000.00
  • jwil
    jwil Posts: 21,965 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    So pleased the meeting went well :)
    "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
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