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A Year in the Life of...
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Hope you have a relaxing sunny weekendI am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.4 -
Well done on the payments. It will be fab if 2021 sees the debt gone.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 29/7/254 -
@savingholmes & I are your get debt gone in 2021 cheerleaders.
But still will be if it is 2022
Any reduction in your DFD is greatI am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.4 -
Thank you everyone.
I appreciate all who take the time to post in my diary. @beanielou @savingholmes @[Deleted User] and @astrocytic_kitten you are the ones who have never given up on me even though I'm not a regular poster (although more regular than I have been) and please know that I might not always post in your diaries but I'm a regular reader.
I'm secretly hoping that the debt will be gone by the end of July. I'm trying not to say too much out loud at the moment as it is all based on predictions but it will come down to using a fair bit of my EF.
@savingholmes if I remember correctly, you are looking at a DFD of June ish so we could celebrate together!Mortgage at 12/07/2022 = £175,000
Mortgage today = £161,690.76
300 271 payments to go.House buyout fund £21,000/£40,000
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I’ll fashion some pom-poms for you and join the cheerleading squad with @beanielou and @savingholmes. Are you in too @astrocytic_kitten?
Gap, you were such a helpful force for me shifting my debt, I am definitely here to cheer you to the end of this loan5 -
Yes, I’m late to the party today but definitely joining the GAP cheer squad! As BCNS said, you’ve been such a big support to us and I was so pleased to see you start posting again 😊
Hope your health is continuing to recover, take it easy GAP.
Debt at LBM (Dec 2018): £23,167
Debt free Feb 20214 -
All aboard for the cheer squadI am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.4 -
❤️ you are all lovely xx
Just had a £20 pay out from Shoppix. Sent it over to the loan.
I'm looking forward to the days when a £20 pay out means a small treat for us.Mortgage at 12/07/2022 = £175,000
Mortgage today = £161,690.76
300 271 payments to go.House buyout fund £21,000/£40,000
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Can I make a wee suggestion?
Every now & then you could think of splitting your payment to your loan & have a wee treat.
You are worth it xxI am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.6 -
beanielou said:Can I make a wee suggestion?
Every now & then you could think of splitting your payment to your loan & have a wee treat.
You are worth it xx
What I meant by my comment was that when I do things to get extra cash outside of my day job and digs from LMG it will be nice to have more choices about what to do with it.Mortgage at 12/07/2022 = £175,000
Mortgage today = £161,690.76
300 271 payments to go.House buyout fund £21,000/£40,000
5
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