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Cosy blanket
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That’s great news LW2G 🤗
Takeaway pizza, cider and gin, great way to celebrate & well deserved 🎉 🎊0% credit card £1360 & 0% Car Loan £7500 ~ paid in full JAN 2020 = NOW DEBT FREE 🤗
House sale OCT 2022 = NOW MORTGAGE FREE 🤗
House purchase completed FEB 2023 🥳🍾 Left work. 🤗
Retired at 55 & now living off the equity £10k a year (until pensions start at 60 & 67).
Previous Savings diary https://forums.moneysavingexpert.com/discussion/5597938/get-a-grip/p1
Living off savings diary
https://forums.moneysavingexpert.com/discussion/6429003/escape-to-the-country-living-off-savings/p13 -
Ahhh thank MF
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 swimming3 -
I am thinking that when my OH starts his job and gets pension details it might be a good idea to get a good contribution set up b4 we get used to having the wage. I will also review mine.
I am writing it here to be accountable.
A pretty chilled day here, going to be strange having OH around for the weekends as normally he works every Saturday.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 swimming3 -
Sounds like a good plan, same with any payrises apportion it between now, the future and retirement and it should all tick along nicely.
Provide OH a list of tasks so he's not under your feet 😉Mortgage started 2020, aiming to clear 31/12/2029.3 -
Haha... Love the list of tasks... I do have some decking that needs paintingMortgage 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 swimming3
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Today I have been doing a bit of adulting.
I have a few small holdings in shares (started off with free shares and then gradually building up). I have decided to look when the dividends are paid and try to understand the value of them a bit more. I might start looking to build it up a bit so that eventually I get a dividend payment each week then maybe each day but that depends on the returns etc so lots to look into but thought it might give me a good push in the investments side.
I have also asked for work to up my pension conts from 3 to 10%. I would like to get to 15% eventually but going to see how this works out with the budget and settle it in before making any further changes. My work contribute 6%.
Will also be looking to start quite high % conts for hubby in his new job so that the money is gone before we miss it.
This will mean less to direct towards the EF. I think this is the right move for us as we can still look to build the EF but currently do have a nice security blanket.
Trying to catch up with some work today.
Hope everyone is well.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 -
That's more than a bit of adulting! Keep us updated.
Don't forget the tax allowance has increased, it's an extra few quid in your pocket each month which will help your budgets to balance a little easier.Mortgage started 2020, aiming to clear 31/12/2029.3 -
Thanks MF, I fo feel pleased with myself lolMortgage 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
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All sounds v grown up lw2go😁 I know v little about shares I thought dividends were once a year I didn’t realise you could get weekly let alone daily dividends! I think it’s great that you are having a financial “make over”.0% credit card £1360 & 0% Car Loan £7500 ~ paid in full JAN 2020 = NOW DEBT FREE 🤗
House sale OCT 2022 = NOW MORTGAGE FREE 🤗
House purchase completed FEB 2023 🥳🍾 Left work. 🤗
Retired at 55 & now living off the equity £10k a year (until pensions start at 60 & 67).
Previous Savings diary https://forums.moneysavingexpert.com/discussion/5597938/get-a-grip/p1
Living off savings diary
https://forums.moneysavingexpert.com/discussion/6429003/escape-to-the-country-living-off-savings/p14 -
Thanks, I may have confused you. Dividends can be paid annually, bi Annualy or monthly. What I mean is looking at having a range of investments so something pays you something each day. I am not an adviser but do have a pretty good understanding so if you ever need yo know anything more than happy to help if I can 🙂
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
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