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Keep calm and carry on....

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  • South_coast
    South_coast Posts: 5,952 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    Thanks Vix! Just about to pour another, spent so long ranting I've finished it! 
    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
  • coldcazzie
    coldcazzie Posts: 1,407 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    £40k? Yikes. And I thought our £14k was excessive.
    Rule 7: If you're not changing it, you're choosing it.
    MFW 2020: 1 Jan £92903.90 ~ OP £536.80/£500
    MFW 2021: 1 Jan £89281.21 ~ OP £404.62/£500
    MFW 2022: 1 Jan £85579.20 ~ OPs on hold.
  • savingholmes
    savingholmes Posts: 29,049 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yes DH is having a nightmare with group chats. My worst one is my family - 24 posts since lunchtime - they are clearly not working.... We have humongous amounts of credit available to us and it has definitely been a factor in our debt levels.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £172.5K Equity 36.11%
    2) £1.8K Net savings after CCs 13/9/25
    3) Mortgage neutral by 06/30 (AVC £26.8K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 32.6/£127.5K target 25.6% 13/9/25
    (If took bigger lump sum = 54.5K or 42.7%)
    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 £4.8K updated 13/9/25
  • South_coast
    South_coast Posts: 5,952 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    I'm glad it's not just me! Fortunately the balances are not anything like the limit! 
    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
  • newgirly
    newgirly Posts: 9,381 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Saving Holmes you won’t want to join my corona family group chat then, it’s way busier than that and includes lots of photos of pets, food and stupid Facebook posts 😂
    MFW 67 - Finally mortgage free! 💙😁
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