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Well done for managing any OP in the school return month. I was always wiped out with school uniform and other 'essentials'. Good luck with the social worker and getting the right support.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 13/9/250 -
Thanks @savingholmes social worker cancelled an hour before she was due so rebooked for next Tuesday instead. He’ll be setting off to school in just over an hour with his healthy pack up so let’s see if all this exercise and better more filling food helps his rudeness and foul moods 🤞SPC #023 SPC 12: £125.86[/COLOUR]:SPC 13: £214.98: SPC 14: £297.41 SPC 15: £237.27 SPC 16 £335.39; SPC 17 £662.09 SPC 18 £20MFW #21 Mortgage start Dec 2015 £79,950; Sept 2025 £18,399.00 2025 OP £1703.13/COLOR]/£2,000 MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £2050/£21,930 (9.34%)2
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First day back at school seemed to go well, long may it continue! Just over paid £101.07 to round down the balance to £18,625. My manager gave me a fantastic suggestion for getting Alex to read which is based on his own childhood. He didn't like reading but like my son loved trucks so his parents bought him a Truck magazine. As he was so interested he started reading it. I've managed to get him a Truck magazine which covers 3 of his favourite truck topics; Scania's, V8's and TikTok drivers. I have also been recommended The Weekly Junior which is actually written with reluctant readers in mind so I've picked up a couple of editions of this that we can read together. I've done a bit of calculations to try and give me a bit of a lift. So I've paid off 76% of my original mortgage amount and I now own approximately 93.5% of my home; very satisfying figuresSPC #023 SPC 12: £125.86[/COLOUR]:SPC 13: £214.98: SPC 14: £297.41 SPC 15: £237.27 SPC 16 £335.39; SPC 17 £662.09 SPC 18 £20MFW #21 Mortgage start Dec 2015 £79,950; Sept 2025 £18,399.00 2025 OP £1703.13/COLOR]/£2,000 MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £2050/£21,930 (9.34%)7
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Very satisfying figures indeed! And that's a great suggestion on the magazines 😀Mortgage start: £65,495 (March 2016)
Cleared 🧚♀️🧚♀️🧚♀️!!! In 5 years, 1 month and 29 days
Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed
Finally earning interest instead of paying it!!!2 -
Been dog training in a lovely village about 4 miles away. They have a book swap box outside the village hall where we train the hound. This week I remembered to take the book I’ve recently finished and swapped it for a Dawn French’s novel 😁. I feel very MSE and it was a NSD despite the new to me book 📕SPC #023 SPC 12: £125.86[/COLOUR]:SPC 13: £214.98: SPC 14: £297.41 SPC 15: £237.27 SPC 16 £335.39; SPC 17 £662.09 SPC 18 £20MFW #21 Mortgage start Dec 2015 £79,950; Sept 2025 £18,399.00 2025 OP £1703.13/COLOR]/£2,000 MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £2050/£21,930 (9.34%)4
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Great totals.I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.2 -
Amazing progress. Sounds a great win on the truck related reading too.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 13/9/252 -
Great progress, hetty! The book swap is a great idea xMortgage Balance as of September 2025 £11,700
Starting Mortgage Balance (June 2019) £72,000.
Aiming to be mortgage free by my 40th birthday, June 2026!2 -
Well my wonderful Winston passed his foundation training last night with flying colours. My son wants us to enroll him on the intermediate course that starts in a month but I’m not sure if he just needs a bit more time to practice what he’s learnt. Car has its first MOT on Thursday and I need to start looking for house insurance as it’s due in 3 weeks. I also seem to be waiting for lots of people to get back to me on various stuff. I’ve asked for compensation from the 8 legged energy supplier as been having problems with the gas smart meter since end of March. It’s finally seems to be working after they sent me instructions on how to reconnect the meter to the HAN. I have pointed out that luckily for them I’m physically fit enough to crawl around in the under stairs cupboard and sort out the floor level meter. I’ve also asked them to explain why I got an email yesterday telling me my DD was increasing. I’m £228 in credit and on a fixed unit price until June 2026. I currently pay£95.55 a month and they want to increase it by £22.18 a month which is a 23% increase! I was billed on 7th September after I’d fixed their meter problems so I’m up to date with billing. I just can’t see where that figure has come from. I’m waiting to hear from the social worker whether the Adopt Support Fund would pay for my sons therapy sessions; fingers crossed it does as then I can get mortgage overpayment back on track. I’ve also had confirmation I’m doing the extra assessments for a government scholarship that I did last year so anything from that will go off mortgage. Assessment is done Nov/Dec and pay last year arrived in Feb. It was pretty full on doing it during evenings but I just kept thinking of the months off the mortgage!SPC #023 SPC 12: £125.86[/COLOUR]:SPC 13: £214.98: SPC 14: £297.41 SPC 15: £237.27 SPC 16 £335.39; SPC 17 £662.09 SPC 18 £20MFW #21 Mortgage start Dec 2015 £79,950; Sept 2025 £18,399.00 2025 OP £1703.13/COLOR]/£2,000 MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £2050/£21,930 (9.34%)2
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Well done Winston!I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.1
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