📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Giving every £ a job

1247248250252253274

Comments

  • Makingabobor2
    Makingabobor2 Posts: 4,233 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    We are talking about going back to the IOW again this year. I know what you mean about the price of ferry tickets. It is apparently the most expensive crossing for cars. £ per mile, in the world!
    Making the debt go down and savings go up

    LBM 2015 - debt £57K / Now £28,524....its going down

     Mortgage Free December 9th 2024! 
    18mths ahead of schedule.  Since 2022 we paid over £15K in OPs.

    Challenges

    EF #68  £570/£3000
    .

    Studies/surveys  August £14.50

    Decluttering items 929

    Books read    15
    Jigsaws done  8

    My debt free diary...https://forums.moneysavingexpert.com/discussion/6396218/we-will-get-this-debt-d£own-the-savings-up


  • I love your monday morning briefings with Mr BC!  Funny, a family member was saying just Sunday that the cost of ferry tickets to IOW has gone extortionate.  I just can't believe the cost of literally everything these days!
  • Makingabobor2
    Makingabobor2 Posts: 4,233 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    Do you get an early sailing to save a bit of money? We went on the 7 or 7.20ish am one last year & year before, then drove straight to Ryde, parked up & had a walk then into Alamo opposite the Esplanade for breakfast. That is the only meal we have out, the rest is cheap SC. But that seems to have become our tradition now. 
    Making the debt go down and savings go up

    LBM 2015 - debt £57K / Now £28,524....its going down

     Mortgage Free December 9th 2024! 
    18mths ahead of schedule.  Since 2022 we paid over £15K in OPs.

    Challenges

    EF #68  £570/£3000
    .

    Studies/surveys  August £14.50

    Decluttering items 929

    Books read    15
    Jigsaws done  8

    My debt free diary...https://forums.moneysavingexpert.com/discussion/6396218/we-will-get-this-debt-d£own-the-savings-up


  • savingholmes
    savingholmes Posts: 28,989 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 17 February at 10:43PM
    It looks like I need to look into the rules on that - I don't spend from the account really... Off to investigate. It would be gutting to miss out. Of course to spend from the account I'd need to know where my card was... 
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £1.6K Net savings after CCs 14/8/25
    3) Mortgage neutral by 06/30 (AVC £25.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.1/£127.5K target 24.4% 15/8/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • RebeccaPAgain
    RebeccaPAgain Posts: 55 Forumite
    10 Posts Name Dropper
    edited 18 February at 5:37PM
    Your vals day soiunds lovely, particularly the cakes and time with DD/DGS!

    I kept my nationwide savings account even though it has only £100 in it.  My dad (I'm talking like 30 years ago or more) got a "windfall" when a BS changed to a bank and so has told me to hang onto it and leave at least £100 in there.  30 years later and I'm still waiting! 
  • badmemory
    badmemory Posts: 9,727 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    I keep mine active just in case, but they have always said that they would never want to.  That is why they stopped new openers from having a vote.  I did quite nicely out of Northern Rock buying the Lancastrian & thankfully was out of there before NR lost the plot.
  • joedenise
    joedenise Posts: 17,777 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Your vals day soiunds lovely, particularly the cakes and time with DD/DGS!

    I kept my nationwide savings account even though it has only £100 in it.  My dad (I'm talking like 30 years ago or more) got a "windfall" when a BS changed to a bank and so has told me to hang onto it and leave at least £100 in there.  30 years later and I'm still waiting! 
    To get of the payouts you need to have 2 accounts - so a current and savings or mortgage account.
  • Blackcats
    Blackcats Posts: 3,908 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    will be interesting to see if n'wide make a payment this year and if so what eligibility criteria they use.

    Over the weekend we had a lovely catch up with family (nice family not shlonky family).  It's always a treat to spend time with our grandchildren (and then come home to a less frenetic pace 😉).  I've totted up what we spent and in terms of smiles per £ spent it's exceedingly good value.

    I've just updated week 3 of this month's spending budget.  February is such a neat month with exactly 4 weeks.  It might be cold but at least it's neat.  Budgets are looking ok.  Regular savers are all funded and I'm contemplating opening a Skipton regular saver too.  I'm aiming for some underspends which can shuffle across to the Dentist/optician/vet pot which is my focus until it reaches £500.  It's currently at £172 so there's a way to go but I'm using odds and s*DS to build it up rather than throwing lump sums at it.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.