We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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!
Ninety months to pay off mortgage - or as near as dammit!
Comments
-
20 mins that's gonna be handy, you will save some money on petrol and every little helps, hope you had a great day2
-
elantan said:20 mins that's gonna be handy, you will save some money on petrol and every little helps, hope you had a great dayMortgage OP 2025 £6750/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £35,463
Declutter 12/244
Money making challenge £58/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)2 -
Aye I get that, I fond my drive home gives me a chance to prepare for work ( on the way) and brain dump onnthe way back, for a while Mr El had to drive me as we shared a vehicle ( remember when Mr El had his works vehicle taken off him)
I struggled with it, was great to talk to Mr El but I actually needed that brain space to prepare and dump.
I would love it if I lived 20 mins from work by walking that would be even better .
Every pound saved is a pound towards buying butter1 -
elantan said:
Every pound saved is a pound towards buying butter
I have been googling motor homes 😂 must not spend any money…Mortgage OP 2025 £6750/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £35,463
Declutter 12/244
Money making challenge £58/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)2 -
skint_spice said:elantan said:
Every pound saved is a pound towards buying butter
I have been googling motor homes 😂 must not spend any money…3 -
I need to stop looking at anything right now, batten down the hatches, pay off debt and save as much as possible! Just listened to Martin's forecast and it's bleak!
Work has been hard the last couple of days in the heat, it's cooled down here this evening and thunderstorms seem iminent. Seven more work days before I leave...Mortgage OP 2025 £6750/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £35,463
Declutter 12/244
Money making challenge £58/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)2 -
skint_spice said:I need to stop looking at anything right now, batten down the hatches, pay off debt and save as much as possible! Just listened to Martin's forecast and it's bleak!
Work has been hard the last couple of days in the heat, it's cooled down here this evening and thunderstorms seem iminent. Seven more work days before I leave...2 -
elantan said:skint_spice said:I need to stop looking at anything right now, batten down the hatches, pay off debt and save as much as possible! Just listened to Martin's forecast and it's bleak!
Work has been hard the last couple of days in the heat, it's cooled down here this evening and thunderstorms seem iminent. Seven more work days before I leave...Mortgage OP 2025 £6750/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £35,463
Declutter 12/244
Money making challenge £58/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)2 -
I am thinking of doing a shop from home thing for August and trying to keep costs as low as possible while clearing out lots of things I have bought and not used. And I shall get ebaying! I know I keep saying this but I used to do it weekly, but then again I had a 35hr 9-5ish work week so life was simpler.Mortgage OP 2025 £6750/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £35,463
Declutter 12/244
Money making challenge £58/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)0 -
Shop from home sounds a good plan.
I need to sell more stuff 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 29/7/251
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.6K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 453.9K Spending & Discounts
- 244.6K Work, Benefits & Business
- 600K Mortgages, Homes & Bills
- 177.2K Life & Family
- 258.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards