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Moving forward and upwards

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  • savingholmes
    savingholmes Posts: 28,973 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sorry the course is so tough. Can you ask for sample answers so you know more what they are expecting?
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £2.6K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • MovingForwards
    MovingForwards Posts: 17,149 Forumite
    10,000 Posts Seventh Anniversary Name Dropper Photogenic
    Can't do that either SH, we are all totally alone and this is the course with a high failure rate and numerous attempts to pass.
    Mortgage started 2020, aiming to clear 31/12/2029.
  • Chrystal
    Chrystal Posts: 2,000 Forumite
    Eighth Anniversary 1,000 Posts Photogenic Name Dropper
    Do you not know anyone else who's done it who could give you a pointer?  Must admit it seems a ridiculous way to get people to learn something!  Do they make loads of money from the resits?
    Really hope you can get your head around it, without driving yourself crazy.  (((hugs))) XX
    I Believe.....
    That it isn't always enough, to be forgiven by others.
    Sometimes, you have to learn to forgive yourself.

    Yesterday is history, tomorrow is a mystery
    Today is a gift. That's why it is called the present.

    happiness isn't achieved by getting extra things,
    but by getting rid of the things that make you unhappy
  • MovingForwards
    MovingForwards Posts: 17,149 Forumite
    10,000 Posts Seventh Anniversary Name Dropper Photogenic
    Thanks Chrystal, unfortunately not. I've always been the only one in my circle who had this career. It is a daft way of doing it, no-one likes it and the group I've joined all pull their hair out; I've gone through several years of posts and it's always been the same. The submission fees are not cheap, but cheaper than exam fees.

    I've sat here all morning psyching myself up, but think I'll have an early lunch and then crack on.
    Mortgage started 2020, aiming to clear 31/12/2029.
  • Skint_yet_Again
    Skint_yet_Again Posts: 8,449 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Mortgage-free Glee!
    Hope you’ve managed to get further with your coursework this afternoon. 
    0% credit card £1360 & 0% Car Loan £7500 ~ paid in full JAN 2020 = NOW DEBT FREE 🤗
    House sale OCT 2022 = NOW MORTGAGE FREE 🤗
    House purchase completed FEB 2023 🥳🍾 Left work. 🤗

    Retired at 55 & now living off the equity £10k a year (until pensions start at 60 & 67).

    Previous Savings diary https://forums.moneysavingexpert.com/discussion/5597938/get-a-grip/p1

    Living off savings diary
    https://forums.moneysavingexpert.com/discussion/6429003/escape-to-the-country-living-off-savings/p1
  • MovingForwards
    MovingForwards Posts: 17,149 Forumite
    10,000 Posts Seventh Anniversary Name Dropper Photogenic
    Thanks Skinty I've still ignored S1. I kind of made a better dent on S2 and uncovered information for the other sections.

    I was talking to TomBo about it all, complained about how stupid it is doing it this way. I went on to explain how I do things in real life and even said some of the content I'd be putting in T3. Low and behold a brain fart appeared! 

    Tomorrow I'm going to start S3, pull up a blank piece of paper and do it how I normally would, only with a slight difference of grabbing the extra bits I need for my assignment. Then when I've got everything, copy it over into the right document 😀

    Best part is, doing it this 'normal' way means half of P3 will be written and I'll just have to move things around and add content 🤭

    Why I never thought of that sooner is anyone's guess. However, I think it's been a mix of health impacting brain, believing I've got to fill in that silly paper as I go along and hormones; ToM has been unsettled due to previous job.

    I've prewarned TomBo I'll use him as a sounding board, everything makes more sense when I talk at him. He doesn't understand anything I go on about as I do speak in jargon, I then translate into plain English and elaborate; which will be a huge help when I'm doing exams 🤗

    TomBo went for a walk this morning, did some gardening and he'll water later. I'll shave my legs while he's outside, ready for our day out tomorrow.

    My Spanish sauces haven't arrived yet, hopefully tomorrow.

    I've had jacket spud and Greek salad for tea. 
    Mortgage started 2020, aiming to clear 31/12/2029.
  • savingholmes
    savingholmes Posts: 28,973 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glad you are making progress. 

    Hope the weather is kind where you are.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £2.6K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • MovingForwards
    MovingForwards Posts: 17,149 Forumite
    10,000 Posts Seventh Anniversary Name Dropper Photogenic
    Thanks SH, the weather is nice, sun is out but it's cooler.

    We had a nice day out, well it was more like did the weekend stuff today!

    Went to PaH and got posh cat food and litter.

    Went to T, got the usual fruit, veg, treats, pop, cat food and I've got new firm pillows which should help with the current upper body issue.

    I did procrastinate when we got home, had lunch meds and psyched myself up to do my coursework.

    Doing the coursework my way means I've done half of T2 done, not just a bit of a section but half of it! I'll start gathering up the other half tomorrow and once I've got that done I can drop it in to the silly bit of paper and submit it for feedback 😊

    As I'm doing it the way I would in a job, I'm also getting a headstart on T3.

    It feels like I've gone from a "confirmed fail" to a "I can get this thing done".

    Just so annoyed I never thought of it sooner as I may have got everything done, submitted, amended and resubmitted days ago, leaving time to relax and prep ready for when I start the new role.

    I'm having Greek salad with potatoes dipped in m0j0 sauce for tea. 
    Mortgage started 2020, aiming to clear 31/12/2029.
  • savingholmes
    savingholmes Posts: 28,973 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hope this way gets you the right result.

    Enjoy your tea.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £2.6K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • Chrystal
    Chrystal Posts: 2,000 Forumite
    Eighth Anniversary 1,000 Posts Photogenic Name Dropper
    Stop being so hard on yourself.  You've already achieved so much, and I'm certain that you'll get where you want to be.  Just stop beating yourself up whilst you're doing it.  (((hugs))) XX
    I Believe.....
    That it isn't always enough, to be forgiven by others.
    Sometimes, you have to learn to forgive yourself.

    Yesterday is history, tomorrow is a mystery
    Today is a gift. That's why it is called the present.

    happiness isn't achieved by getting extra things,
    but by getting rid of the things that make you unhappy
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