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1 brick at a time
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So close to a year! You're doing brilliantly.1
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Thanks killer peaty, will be nice when it is a year. I'm feeling a bit nervous about making OP and not directing to the EF so we will see how I feel when payday hits. I know what the right thing to do is but also know it doesnt till me with as much excitement.Mortgage Aug 2019 161,000 :eek::eek::eek:Nov 2019 156,500:T Jan 2020 153,122:T, Apr 2020 149,500, Apr2021 139, 675, Oct 2021 136,823, Dec 2021 136,120🙂EF 0/12,000 (0%)😕 (5062.44 was ERC), Jan 2023 128,650. Our Mortgage is never going to be as high as it is today. :jOnwards and downwards to a better life for our family. :jJust keep swimming2
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You are making great progress. Know what you mean by the EFAchieve 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 29/7/252 -
Well done! Also well done to the commitment of a year. Hopefully many more to go xJan update
2021 MFW #39 £228.76/£5000
Current mortgage @ 1/2/2021 £94 900.00
Mortgage end date Jan 2041. Current OP end date March 2039. Target June 2027.
2021 Personal savings £1 803.25/£5 880
2021 Personal Freetrade shares £102.81 (putting £50 per month in - love it!).
2021 Joint sinking fund £36.83/£500
2021 Summer holiday fund £330.35/£13501 -
Thank you everyone.
As it's the lul point of the month I have decided to look at other bits I can do to increase potential OPs so I have signed up to prolific and yougov. Not sure how it will go but willing to give it a try.
I have also noticed the new ou course MSEs academy of money which I am keen to do.
Mortgage Aug 2019 161,000 :eek::eek::eek:Nov 2019 156,500:T Jan 2020 153,122:T, Apr 2020 149,500, Apr2021 139, 675, Oct 2021 136,823, Dec 2021 136,120🙂EF 0/12,000 (0%)😕 (5062.44 was ERC), Jan 2023 128,650. Our Mortgage is never going to be as high as it is today. :jOnwards and downwards to a better life for our family. :jJust keep swimming1 -
I'm thinking of doing the new course too - and if it's good will encourage wider family to do it too.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 29/7/251 -
Just caught up again!
I've also signed up for the course, think a lot of people will and it's about time someone put it together.Mortgage started 2020, aiming to clear 31/12/2029.2 -
Ahhh we can all do it together. I have done OU courses many years ago and had to contact them to get my passwords today so that's one step in the right direction.Mortgage Aug 2019 161,000 :eek::eek::eek:Nov 2019 156,500:T Jan 2020 153,122:T, Apr 2020 149,500, Apr2021 139, 675, Oct 2021 136,823, Dec 2021 136,120🙂EF 0/12,000 (0%)😕 (5062.44 was ERC), Jan 2023 128,650. Our Mortgage is never going to be as high as it is today. :jOnwards and downwards to a better life for our family. :jJust keep swimming1
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So still mid month but feeling positive. Signed up to you gov and prolific and doing better than I thought. All of this money will be directed straight to the mortgage and therefore I know that whatever I earn the value is about half of itself again (so £5 worth £7.50) if I think of the interest we are saving. Its also good to keep the mind focused on the goal. I have mentioned prolific to oh and the response was much more positive than I thought. He is going to sign up when back to work in a few. Weeks and will use down time at work to do surveys.... Need to still broach the idea of the money going towards the mortgage but even if that doesn't happen then we still have overall more available funds so more to direct to the mortgage anyway. I will see how he gets on with prolific and then mention you gov if all goes well.
I also tried swagbucks but not really getting many sb's, it seems very time consuming for little reward unless I am missing something?
Oh has been told he will be back in work in a few weeks so it's good because it means his money will go up but I will miss him and his help with the kids.
Less than a week til payday and still keep changing my mind between EF and ops.Mortgage Aug 2019 161,000 :eek::eek::eek:Nov 2019 156,500:T Jan 2020 153,122:T, Apr 2020 149,500, Apr2021 139, 675, Oct 2021 136,823, Dec 2021 136,120🙂EF 0/12,000 (0%)😕 (5062.44 was ERC), Jan 2023 128,650. Our Mortgage is never going to be as high as it is today. :jOnwards and downwards to a better life for our family. :jJust keep swimming4 -
Have you started the OU course? I'm thinking about trying it.
If you can't make up your mind between the two then maybe you should spilt the payment, part into the mortgage and the rest into the EF.
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