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  • Rgib89
    Rgib89 Posts: 89 Forumite
    Third Anniversary 10 Posts Name Dropper
    Just had a read through your diary, your doing amazing with debt busting. You should be proud of how far you have come.
  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Keep plodding. You are heading in the right direction
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £2.6K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • EchoB
    EchoB Posts: 124 Forumite
    Third Anniversary 100 Posts Name Dropper
    Thanks @Rgib89 and @savingholmes not sure how I managed to miss your comments! It’s always nice to see someone has dropped by.

    i didn’t have anything exciting or interesting to update with hence my silence!
     
    I have to confess I ended up dipping into my overdraft this month so I am cross with myself. It was my interest free buffer though, and I did leave my EF untouched which I am pleased about.

    I am so glad it’s payday today! I will update my numbers tonight. I think June will also be a tight month, but I’ve proven I can do it in May.

    I need to renew my car insurance in June 😱 never an enjoyable process. This highlights my poor budgeting skills as I kind of forgot about it. From August I am going to start building up pots. I think things are going to be tight until I’ve cleared CC3 so once that is out of the way I am going to work on having money in advance for things rather than having a reactive scrabble for money.
  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Good luck with getting the money together for the car insurance. Have you got a plan? Do you do surveys and receipts scanning, £co etc?
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £2.6K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • EchoB
    EchoB Posts: 124 Forumite
    Third Anniversary 100 Posts Name Dropper
    Hi @savingholmes, I don’t have £co, and I don’t scan receipts either. (Hangs head in shame!)
    I have got quotes which are less than the renewal, but am going to do all of the comparison plus Aviva to make sure I get the best offer.
  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I could pm you a £co referral link. You can be paid for stuff to you do anyway. I have had over £1800 just from there
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £2.6K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • EchoB
    EchoB Posts: 124 Forumite
    Third Anniversary 100 Posts Name Dropper
    @savingholmes that would be great thank you.
  • bd80s
    bd80s Posts: 368 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    Some good progress going on there and you are building on your experiences and seeing the bits you need to tweak to build up pots, its all a learning curve :smile: 
    That's a great EF and your total is coming down nicely yay!
  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks Echo I've just sent you a PM. We've had £42 back from £co just this month - mainly from a bed we bought earlier in the year and DH has just had £95 from a BB switch. These things can really add up. 
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £2.6K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
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