We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
!!My time to be mortgage free!!
Comments
-
Well done for getting your Christmas shopping started. I've got even started thinking about what I'm going to get people yet. I have booked a days annual leave for November to tackle it though
Also great news that you'll make your overpayment today. I've not tried making overpayments to round my mortgage down to having a zero at the end but it sounds very satisfying!Mortgage-free wannabe 2025 £571/30002 -
I have been freaked out by all this publicity saying presents are selling out. So I have bought the kids main presents now so that I can not worry that they will sell out.becky170 said:Well done for getting your Christmas shopping started. I've got even started thinking about what I'm going to get people yet. I have booked a days annual leave for November to tackle it though
Also great news that you'll make your overpayment today. I've not tried making overpayments to round my mortgage down to having a zero at the end but it sounds very satisfying!
I also do all the shopping from both sets of grandparents to give to the kids 🙁 ☹️ so I have to buy lots.
The zero club is great. I have to pay 80 a month roughly to get those last 2 digits at zero and it is so satisfying!!!Part time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe1 -
I just joined the zero club again today.
Boooom so excited.
Now it's 44300 .
We had to cash in 1k savings to pre pay Xmas and buy urgent !!!!!! for the house. It will be paid back ASAP
XxxPart time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe2 -
Got mortgage statement today.
All my little over payments have now taken a month off the mortgage!!
I'm going to keep going till April for sure!!!Part time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe2 -
Ps mortgage officially has 9v years left on one and 8 years 7 months on the other xPart time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe1 -
Following covid debacle this summer we decided to book a proper foreign holiday next year. This has led to a further cash out of savings!
And I'm super excited already! Worth every penny.
Hoping to be able to save a few hundred each month again...
Part time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe3 -
Mortgage payment date
Can't afford overpayment yet. But another extra month knocked off with my over payments whooopPart time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe3 -
Mmm contemplating savings goals for 2022
I want to over pay into pension by 100 per month starting April.
So until April want to over pay mortgage by 100 and save 150 if poss to get a decent slush fund established again as it will be zero after Christmas 🎄 🤔Part time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe1 -
Well done on your overpayments and high savings. Did your DH's job situation get resolved?Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £172.5K Equity 36.11%
2) £1.8K Net savings after CCs 13/9/25
3) Mortgage neutral by 06/30 (AVC £26.8K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 32.6/£127.5K target 25.6% 13/9/25
(If took bigger lump sum = 54.5K or 42.7%)
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 13/9/251 -
Thank yousavingholmes said:Well done on your overpayments and high savings. Did your DH's job situation get resolved?
No he is just hanging in there. He doesn't think it will still be there in late 2022 but we shall see. I'm going to convince him to pay off a bit of the mortgage after Christmas via lump. He's wanting a massive savings budgetPart time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.8K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards