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2020++ - smiling and waving and looking so fine
Comments
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I think it's good to keep going if you benefit from it as it helps keep your financial goals focused. You've been in debt and now your not, you still have alot to offer the boards.*Dad loan - £5300 - £7000
*Virgin Credit Card - £3552.50 - £0
*Natwest - £1828.35 -£0.00
Barclaycard - £2315.25 - £0.00
Creation Finance - £960.32 £0
*Total debt - £7000/£11641.17*
Savings
*Sinking Fund - £800/£2500
*Emergency Fund - £1000/£1000
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/3 -
Thanks all. Your support and warmth is much appreciated.
In other news have started the process of moving to part/half time for the next 12 months. Aiming to be fully gone by next Summer, although I have a feeling I may convince myself to go in Spring. Part time will probably start in August, which is as quick as HR likes to move
Just going to do a spreadsheet looking at the financial options for stopping. I love a good spreadsheet session on a rainy day - but suggest it won't tell me anything new.I think I saw you in an ice cream parlour
Drinking milk shakes, cold and long
Smiling and waving and looking so fine5 -
Finishing work in spring is always a good time I think. Means you have all that lovely light and promise to enjoy fully as you adapt to a new way of living 😊
KKAs at 15.12.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £227,385
- OPs to mortgage = £12,881 Estd. interest saved = £6,203 to date
c. 16 months reduction in term
Fixed rate 3.85% ends October 2030
Read 80 books of target 52 in 2025, as @ 25th December
Produce tracker: £457 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.3 -
Thank you KK - that's the thinking - also means I can do all the garden slog work early in the year and spend the summer enjoying the benefitsI think I saw you in an ice cream parlour
Drinking milk shakes, cold and long
Smiling and waving and looking so fine4 -
Sounds good to edge into retirement.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.3K Equity 36.55%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £30.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 35.5/£127.5K target 27.8% 14/11/25
(If took bigger lump sum = 62K or 48.6%)
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 £5.1K updated 14/11/250 -
Thank you SH - its about keeping strong and interested, but nor demanding too much from yourself.
There is still a little part of me that says I'm stringing it out too long, But I am quite busy at the moment and its the key project I want to see through. I will need to be strict with myself to do what I have to and no more. Then move into handover and mentoring my replacement - rather than doing another project.
Am going away for a seaside break long weekend with a group of friends from the North, Who refer to our destination as Scar-bados - although technically its a little outside of that. A new destination so that will be funI think I saw you in an ice cream parlour
Drinking milk shakes, cold and long
Smiling and waving and looking so fine4 -
Hi @mark55man, reducing working hours to part-time and a seaside break to look forward to. Life sounds good.2
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I imagine you will up the seaside breaks when you do retire. Like myself, you seem to enjoy the seaside all year long.
Work-wise, less is definitely more
If you have built castles in the air, your work should not be lost; that is where they should be. Now put the foundations under them
Emergency fund 350/1000
Buffer fund 100/100
Debt Free (again) 25/07/20252 -
Lovely few days away. Sunshine and beer, coffee and ice cream, walks and fish and chips plus met up with some friends from Northern climes which was lovely. Not too extravagant either - a bit rowdy in the evenings compared to local to me.I think I saw you in an ice cream parlour
Drinking milk shakes, cold and long
Smiling and waving and looking so fine5
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