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Cutting it Fine - the challenge is on!

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  • savingholmes
    savingholmes Posts: 29,034 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sounds like your self care is paying off and you've come into the weekend at a good place. 

    I feel lucky as my parents still do xmas dinner for all of us that want to go - so even with the price of fuel - it still saves me money compared with the odd year when I tried to recreate it at home. It was extortionate! I have lots of family to buy for but buying less this year too.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £172.5K Equity 36.11%
    2) £1.6K Net savings after CCs 14/8/25
    3) Mortgage neutral by 06/30 (AVC £25.6K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.4/£127.5K target 24.6% 1/9/25
    (If took bigger lump sum = 53.3K or 41.8%)
    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 £4.8K updated 29/7/25
  • Chiglepig
    Chiglepig Posts: 613 Forumite
    Fourth Anniversary 500 Posts Photogenic Name Dropper
    And to add to the Christmas theme, we now only do stockings (plus one large gift for dd - a pair of Dr Martens for the last two years!), but the stockings are nice toiletries for DD and Mr C, and packets of seeds for me, so I spend Boxing day planning the year in the garden, and the other two smell nice until at least June!
    2014 starting mortgage £165,000
    2015 second charge £20,000 - Jan 2021 paid off in full
    Current outstanding balance - £115,856



  • SandyShores
    SandyShores Posts: 1,987 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    I haven't done stockings for years @Chiglepig but I think I'll start it up again.  That sounds really good and its such a lovely start to the day.  
    "Think of many things, do one"
    Mortgage 30 Sep'25 est. £208,500 £309,749 2020 (current ends 2038)
    Seven Goals; 12.5lbs lost in 4 months (5.5lbs to go); walk/run/exercising/weights/yoga 

  • SandyShores
    SandyShores Posts: 1,987 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    Thanks @Kittenkirst, he's calmed down a little, but I think something really spooked him yesterday as he kept going out then coming in and going out again last night.  Each time I had to open the door and go out with him, or open the window so he could look out.  He's due a visit to the vet for a check up as he seems a little irritated by his skin.  I don't think its fleas, but I need to find the last receipt as I didn't write down when I gave it to him.

    @twinklie and @savingholmes, you sound like you have your day organised.  I think the biggest problem is DH wanting to stay so long, whereas I want to just have dinner, stay for a polite time and then go home and put my PJs on.  Its so awkward as there aren't really any excuses to make to be able to leave.


    "Think of many things, do one"
    Mortgage 30 Sep'25 est. £208,500 £309,749 2020 (current ends 2038)
    Seven Goals; 12.5lbs lost in 4 months (5.5lbs to go); walk/run/exercising/weights/yoga 

  • @SandyShores yes there is nothing like being stuck with difficult relatives over Xmas. 

    @Chiglepig those baubles sound fabulous. I bought my mum  a few over the years, they always look so lovely when they appear each year. Particularly the  handblown ones.  

    DON'T BUY STUFF (from Frugalwoods)
    No seriously, just don’t buy things. 99% of our success with our savings rate is attributed to the fact that we don’t buy things... You can and should take advantage of discounts.... But at the end of the day, the only way to truly save money is to not buy stuff.    Money doesn’t walk out of your wallet on its own accord.
    https://forums.moneysavingexpert.com/discussion/6289577/future-proofing-my-life-deposit-saving-then-mfw-journey-in-under-13-years#latest
  • savingholmes
    savingholmes Posts: 29,034 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hope your cat is okay.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £172.5K Equity 36.11%
    2) £1.6K Net savings after CCs 14/8/25
    3) Mortgage neutral by 06/30 (AVC £25.6K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.4/£127.5K target 24.6% 1/9/25
    (If took bigger lump sum = 53.3K or 41.8%)
    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 £4.8K updated 29/7/25
  • SandyShores
    SandyShores Posts: 1,987 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    Thanks savingholmes, I think he's being bullied by another cat that keeps coming into our garden.  He's a bit nervous at the moment.
    "Think of many things, do one"
    Mortgage 30 Sep'25 est. £208,500 £309,749 2020 (current ends 2038)
    Seven Goals; 12.5lbs lost in 4 months (5.5lbs to go); walk/run/exercising/weights/yoga 

  • savingholmes
    savingholmes Posts: 29,034 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Great news on payrise

    I agree mse positive place to post
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £172.5K Equity 36.11%
    2) £1.6K Net savings after CCs 14/8/25
    3) Mortgage neutral by 06/30 (AVC £25.6K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.4/£127.5K target 24.6% 1/9/25
    (If took bigger lump sum = 53.3K or 41.8%)
    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 £4.8K updated 29/7/25
  • I’ve always found this a positive place, hence why I’m still here some 12/13 years later. 

    We do stockings even though the kids know about FC. They are more practical, pants, socks, toiletries type of thing. 

    Don’t lose heart with the big numbers on the mortgage. It does come down little by little. I still feel I’ve a long way to go 
    DFW (08/08) £64,346.53 Gone (02/19)
    MFW (08/08) £118k Gone (09/23)
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