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Giving every £ a job

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Comments

  • Will you begin now to set aside oddments of money here and there against next year's council tax to see how much you can "reduce" that by by the time the bill comes along in April? 

    I can't believe how fast your retirement is coming round now - and only having 4 more working days before it arrives is incredible - how exciting! Great that the part time working has helped to manage the transition as well. 
    🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
    Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
    Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
    £100k barrier broken 1/4/25
    Balance as at 31/08/25 = £ 95,450.00. Balance as at 31/12/25 = £ 91,100.00
    SOA CALCULATOR (for DFW newbies): SOA Calculator
    she/her
  • foxgloves
    foxgloves Posts: 13,222 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    4 days! Wow, how quickly that time has sped by!
    Re kitchen cupboards....I can't see I'm an inspiration to anyone on that score - Pantry still not done, jars everywhere, inc stored on floor next to the cat food. But I am thinking through various improvements. Mr F is going to help me move some furniture today as part of getting the kitchen ready for autumn. 
    Worst cupboard atm is the one under the sink. Can I find the will to tackle it today! I'll see.
    F
    2026's challenges: 1) To rebuild our Emergency Fund to at least £5k.
    2) To read 50 books (12/50) 3) The Re-Shrinking of Foxgloves 8.1kg/30kg
    Remember....if you have to put it on a credit card, extend your overdraft or take out a loan to buy whatever it is, you probably can't afford it, as that's not your money, it's somebody else's!
  • Blackcats
    Blackcats Posts: 4,401 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    Thank you all for your kind retirement comments.  Its been nearly a year since I dropped to part time working which has flown by but this last month is crawling very slowly.  
    @EssexHebridean - I am going to try to get ahead with next year's council tax payment.  Our income will be slightly less than it currently is until the start of March so I'm going to be resourceful with money saving and money making.  I am going to re-start my AMG pot (not a fancy Mercedes AMG pot) it's my Accumulation of Marginal Gains pot.  I'll have a ponder about how much to set as a target.

    We've had a busy couple of weeks with events and shows - OH found 2 Oyster cards in his junk drawer that covered our travel into London which was about as MSE as that evening got but it was a charity fund raising event and was a wonderful evening.  

    This week I'm determined to finish a cardigan I'm knitting for a granddaughter.  I'm a reasonably competent knitter but very incompetent and lazy about the actual sewing up etc of the finished garment.  I used to bundle up the various pieces and look imploringly at my mum who would brilliantly construct the garment for me.  I need to be a big girl now and do it myself - with the help of u tube.  I've got one more sleeve to set in and seam, then all it needs is for any odd ends to be tidied up and then gently pressed. I can do this! 

    I had an email from Hargreaves landowner earlier offering a bonus £25 when opening a savings account with £10k or more.  As I am lucky enough to have maturing savings accounts that were funded by my pension lump sum I'll be able to do that.  If the £25 can be accessed rather than invested i could use it to get AMG pot going again.

  • PennysIntoPounds
    PennysIntoPounds Posts: 6,254 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    edited 18 September 2023 at 10:03PM
    That's great you're in a position to take advantage of that, £25 in the pot is indeed not to be sniffed at! If you don't already have Quidco, if you sign up via the MSE link and make a £5 purchase before the end of this Thursday, you get £25 cashback (eventually!)
    https://forums.moneysavingexpert.com/discussion/6466032/an-in-between-phase/p1

    'self-blame can be as egotistical as self-praise... any work worth doing is greater than we are... we must not overrate our importance to it, either for good or ill' Margaret Kennedy Lucy Carmichael
  • Good luck on the piecing the knitting together. The first time is always the hardest. Is there anyone else who can help?

    Lot of communities have knit and natter type groups... 

    Well done on the CT. Like your AMG pot. I'm sure you will make the money stretch. Sounds like you are off to a flying start.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £169.8K Equity 37.1%
    2) £2.4K Net savings after CCs March 26 (but owed £1.1K) so £3.5K
    3) Mortgage neutral by 06/30 (AVC £36.2K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 42.1£127.5K target 33% 27/2/26 (If took bigger lump sum = 64K or 50.1%)
    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 £5.2K updated 16/1/26
  • lucielle
    lucielle Posts: 11,768 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sounds like you’ve got your ducks in a row, as my mum would say. Hope your 4 days goes quickly. 
    L
    Total Debt Dec 07 £59875.83 Overdrafts £2900,New Debt Figure ZERO !!!!!!:j 08/06/2013
    Lucielle's Daring Debt Free Journey
    DFD Before we Die!!!! Long Haul Supporter #124
  • CRANKY40
    CRANKY40 Posts: 5,947 Forumite
    Part of the Furniture 1,000 Posts Debt-free and Proud! Name Dropper
    Sewing things together is my least favourite bit about knitting too. I've watched some youtube clips so I'm better at it than I was. 

    I hope that you enjoy retirement. I'm between jobs waiting for an operation and my "to do" list seems to have expanded to fit the time available so I'm never bored 😁
  • foxgloves
    foxgloves Posts: 13,222 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    And mine! Love the knitting but defo not the sewing up. That's one of the best things about sock-knitting - just 2 ends per sock to darn in at the end & no sewing!
    F
    2026's challenges: 1) To rebuild our Emergency Fund to at least £5k.
    2) To read 50 books (12/50) 3) The Re-Shrinking of Foxgloves 8.1kg/30kg
    Remember....if you have to put it on a credit card, extend your overdraft or take out a loan to buy whatever it is, you probably can't afford it, as that's not your money, it's somebody else's!
  • Congratulations on piecing the item together. 

    It sounds like things are coming together for you even if odd socks and container lids elude you.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £169.8K Equity 37.1%
    2) £2.4K Net savings after CCs March 26 (but owed £1.1K) so £3.5K
    3) Mortgage neutral by 06/30 (AVC £36.2K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 42.1£127.5K target 33% 27/2/26 (If took bigger lump sum = 64K or 50.1%)
    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 £5.2K updated 16/1/26
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