Fighting the mortgage interest

SuperSecretSquirrel

That's what I call a target 😎 Wishing you lots of luck!

Can you break down what that target really looks like? Personal financial freedom? Financial freedom as a couple? Where do you stand today, and where do you hope to be in two years time (mortgage, savings, pensions, isas, etc)? Do you have a plan for making it happen? What level of annual spend are you hoping to support? What is the plan once you achieve your target? So many questions! 😁

savingholmes

SuperSecretSquirrel said:

That's what I call a target 😎 Wishing you lots of luck!

Can you break down what that target really looks like? Personal financial freedom? Financial freedom as a couple? Where do you stand today, and where do you hope to be in two years time (mortgage, savings, pensions, isas, etc)? Do you have a plan for making it happen? What level of annual spend are you hoping to support? What is the plan once you achieve your target? So many questions! 😁

I agree - I would want to know all that too. 

They say it's as important to work out what you want to do post FI as the actual journey of getting there - otherwise it can be a damp squib.

Numbercruncher_mfw

Hi both, thanks for the comments/questions. I'm defining financial freedom as having savings/investments being greater than mortgage balance with at least one years of expenses in the bank on top of that. I understand it's a very ambitious, and potentially unrealistic goal but aiming for it is keeping me motivated. I've started a personal finance YouTube channel and blog which is starting to build so hoping any money made from that can help towards my goal. In terms of what to do when I get to FI it is to reduce hours at work, take a 6 month career break and travel more. 

savingholmes

Good luck with your aspirations and channel