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2020: Becoming a Saver, Not a Spender
Comments
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Well, that was a whirlwind morning but all squared, OH keeps all the refund money and I don't owe him a penny for the first time in years which is a nice feeling
so that debt is cleared and along with the DD's that have gone out this week, my debt repayment total stands at £917.63/£5500.
Nearly £1,000 repaid
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Proud of you 👍SSDD23 said:I have tentatively and light heartedly suggested to OH that the figure that would be my "half" of the energy refund and the amount I owe him are the same amount, so we could just call it even e.g. he doesn't give me any money but then I don't owe him anything either. Will report back when he responds, hopefully to announce I owe him nothing and my debt paid figure is £290 higherI 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.2 -
& a great great result. 😀I 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.2 -
Thank you beanie, I feel a bit proud of me too haha I hate having conversations like thatbeanielou said:
Proud of you 👍SSDD23 said:I have tentatively and light heartedly suggested to OH that the figure that would be my "half" of the energy refund and the amount I owe him are the same amount, so we could just call it even e.g. he doesn't give me any money but then I don't owe him anything either. Will report back when he responds, hopefully to announce I owe him nothing and my debt paid figure is £290 higher
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Glad that worked for you!SSDD23 said:Well, that was a whirlwind morning but all squared, OH keeps all the refund money and I don't owe him a penny for the first time in years which is a nice feeling so that debt is cleared and along with the DD's that have gone out this week, my debt repayment total stands at £917.63/£5500.
Nearly £1,000 repaid 3 -
Great resultAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
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 £5K updated 10/10/251 -
Great result on the refund "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee1
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Awesome news, what a good result! Well done you 💪 xx2
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Amazing!!! Well done, you are smashing it
poppy
19-02-18 Total Debt £30,322
17-12-21 I'm Debt Free 🎉🎉🎉🎉2 -
Thanks everyone
Had a lovely weekend, we had the kids yesterday and overnight and had a great day with them, today I went to put up the pool OH got from Tesco yesterday but don’t have a pump so spent most of the day indoors but have done:
- a tip run this morning
- food shopping as we were out all day yesterday
- done ALL of the washing and dried on the line
- done all of the ironing
- hoovered and mopped downstairs
I now have my feet up waiting for my dinner to finish in the oven, then will put fresh sheets on the bed before having a relaxing soak in the tub. I want to get to work early tomorrow just to make sure everything is in order before my trainee turns up, so need to be organised enough tonight.Hope everyone has enjoyed the sun xx2
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