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!!My time to be mortgage free!!
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This next pay cheque has to cover the decent credit card bill...GULP. no over time as well.savingholmes said:Sounds like you've had a great month.
Oh well will do what I can 😆
Part time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe1 -
Aims for Dec pay.
Over pay 80ish off mortgage come jan1st.
Save minimum 25 each for the kids.
Save 150 plus child benefit for us
XPart time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe1 -
Wow absolutely burning through money.
Charity donations at Christmas events
Cash as gifts.
Really really bad
Fingers crossed still make the over payment xPart time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe1 -
Hope you manage to find the right balance between giving, budgeting and Over paying. Hard time of year for that.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 29/7/251 -
Sooooooo I have had some rather good news. My old company shares are paying out. Big style dividend. We are currently deciding what to do. It should be in the region of 8-12 k so I'm hoping for 8k worst case scenario..
That will make us mortgage neutral.
But
I'm not counting my chickens until they hatch but if it happens I'm delighted.
I'm asking the OH to put an extension on the house. We shall see
It will take till April for then to clear so we have a few months to dream..
Xmas has made me realise we need a bigger bathroom . Or a ensuite building.
I'm so so nervous that this happens but wow if I got 8k that would be fabulous
Part time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe5 -
What lovely news to end the year!DFW (08/08) £64,346.53 Gone (02/19)
MFW (08/08) £118k Gone (09/23)2 -
Wow that’s amazing news! Really hope it clears quickly!MFW diary Adventures and Overpayments
Mortgage start: £240,945 Aug 2020
Mortgage now: £230,738
2021 OP total: £605.85 1 month off approx
MFW 2022 #39 £135.68/£12002 -
Thank you @chicker and @debtfreeoneday
We are stunned. We both hold some so if it happens it's just rather mind blowing.
It gives us a while to think and decide slowly what to do. XPart time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe2 -
Fantastic news.
My trainers arrived by the way. They are beautiful but a snug fit... They are the right length just the width I struggle with...I've got them on and am debating... I will see how I feel in 20 minutes or so... I ordered the 8.5 mens as I've bought the 9 in the past and it was way too big... I would be an 8 other than for the width...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 29/7/251 -
Thank you I will buy half a size up xxPart time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe1
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