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Debt free before August 2023
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Hugs Poppy. It's sad when plans get derailed. Something will come up...Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £174.8K Equity 32.77%
2) £3K Net savings after CCs 6/7/25
3) Mortgage neutral by 06/30 (AVC £22.5K + Lump Sums DB £4.6K + (25% of SIPP 1.1K) = 28.2/£127.5K target 22;12% updated 6/7
4) FI Age 60 income target £16.5/30K 55.1%
5) SIPP £4.6K updated 6/7/250 -
Thank you @savingholmes I need those hugs. It's getting so close, I know it's realistically not going to be long even if it is March 2022 when I'm finally debt free it's not that long to wait but I'd still really like it to be sooner.Like you say something will come up
Poppy19-02-18 Total Debt £30,322
17-12-21 I'm Debt Free 🎉🎉🎉🎉1 -
I also got derailed right before the end date... But better to be derailed at the value we owe now than when we were buried in debt. There's no comparison.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £174.8K Equity 32.77%
2) £3K Net savings after CCs 6/7/25
3) Mortgage neutral by 06/30 (AVC £22.5K + Lump Sums DB £4.6K + (25% of SIPP 1.1K) = 28.2/£127.5K target 22;12% updated 6/7
4) FI Age 60 income target £16.5/30K 55.1%
5) SIPP £4.6K updated 6/7/251 -
Hey 👋
just popping on to update totals and new DFD
my total is now £2,816 and my new dfd is February 2022
feeling really stressed about money at the moment, stretching myself really thinly right now trying to support ds and over pay my loan.Urgh, it feels never ending really, even though I'm so so close to getting debt free, financial things keep cropping up and stalling me and I've lost a chunk of income too due to changes of circumstances but my outgoings haven't reduced.I'll get there but it's a process and not one that's going to end once I'm debt free this is a life long journey now of budgeting and staying out of debt!!Hope everyone's doing well on their debt busting journeys and keeping safe in these strange times we are living in.Poppy19-02-18 Total Debt £30,322
17-12-21 I'm Debt Free 🎉🎉🎉🎉1 -
Hi Poppy
You are getting so close now. It's right to want to be debt-free but don't sacrifice your MH to do it too quicklyAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £174.8K Equity 32.77%
2) £3K Net savings after CCs 6/7/25
3) Mortgage neutral by 06/30 (AVC £22.5K + Lump Sums DB £4.6K + (25% of SIPP 1.1K) = 28.2/£127.5K target 22;12% updated 6/7
4) FI Age 60 income target £16.5/30K 55.1%
5) SIPP £4.6K updated 6/7/253 -
savingholmes said:Hi Poppy
You are getting so close now. It's right to want to be debt-free but don't sacrifice your MH to do it too quicklyApril 2020 - £102,222 Loans/CC’s.
Jan 2022 - £0
Cleared - £102,222
Jan 2022 - Now time to build suitable investments and a business!3 -
You'll get there, just look back at your first post and remind yourself of how far you've come on your debt free journey in such a relatively short period of time, simply amazing! Take care x3
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savingholmes said:Hi Poppy
You are getting so close now. It's right to want to be debt-free but don't sacrifice your MH to do it too quickly19-02-18 Total Debt £30,322
17-12-21 I'm Debt Free 🎉🎉🎉🎉2 -
Aspiration said:savingholmes said:Hi Poppy
You are getting so close now. It's right to want to be debt-free but don't sacrifice your MH to do it too quickly19-02-18 Total Debt £30,322
17-12-21 I'm Debt Free 🎉🎉🎉🎉2 -
Thank you @DancingInTheRainand congratulations on becoming debt free last month!!! That is incredible, you must be over the moon. Huge huge kudos!Poppy19-02-18 Total Debt £30,322
17-12-21 I'm Debt Free 🎉🎉🎉🎉2
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