New MFWB!

Cotswoldfoodie

Thanks Southcoast! Your bio is amazing. How is the FIRE going? That's next on my list!!

South_coast

Thank you! FIRE is smouldering at the moment, keep spending too much money on fun things instead 😅!

Starlight_at_Sea

Thats inspiring progress! Thanks for sharing! Good luck with this last push.

powerspowers

Brilliant news!! 

Cotswoldfoodie

South_coast said:

Thank you! FIRE is smouldering at the moment, keep spending too much money on fun things instead 😅!

Fun is allowed too lol!

Cotswoldfoodie

Starlight_at_Sea said:

Thats inspiring progress! Thanks for sharing! Good luck with this last push.

Thanks Starlight, just goes to show what you can do if you concentrate effort on it :-)

debtfreeoneday

Thanks for popping into my diary. Will catch up on yours now!

Cotswoldfoodie

Mortgage free today!! Still in shock 

a. The date you decided to become a MFW

September 2019 when I realised how much interest I could save - initially planned to pay in off in 15 years

b. Mortgage Debt at its highest

£147k when I took it out, was at £122k when I decided to pay it off early in Sept 2020

c. Mortgage-Free Date

2nd October 2023 🥂🥰🎊

d. Your one pearl of wisdom.

Overpay and offset! I paid the full 10% OP allowed and two years ago moved to an offset mortgage which has really turbocharged it. I also took up stoozing and put all that in the offset account. I haven't been frivolous and really saved hard during COVID.

e. The MSE Mortgage guides and others that helped you

Everyone! Just knowing other people were trying to do the same thing, and reading about the journeys helped keep me going.

f. And if you had a mortgage freedom diary on MFW, a link to it.

This was my main MFW diary https://forums.moneysavingexpert.com/discussion/6163551/new-mfwb/p1

debtfreeoneday

Well done you. It’s such an awesome feeling isn’t it. Still hasn’t quite sunk in for me. So what’s next?

Cotswoldfoodie

debtfreeoneday said:

Well done you. It’s such an awesome feeling isn’t it. Still hasn’t quite sunk in for me. So what’s next?

Amazing feeling! Don't think I'll ever forget the words "congratulations you are now mortgage free" on the phone this morning. I think next will probably be a reduction in hours if I can to spend more time with my now retired OH.
How about for you?