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Ninety months to pay off mortgage - or as near as dammit!

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Comments

  • elantan
    elantan Posts: 21,022 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    do you swear there will be no more shopping ? 🤣🤣🤣
  • skint_spice
    skint_spice Posts: 13,468 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    elantan said:
    do you swear there will be no more shopping ? 🤣🤣🤣
    I shall try my best…😂😂😂
    Mortgage OP 2025 £6750/7000
    Mortgage OP 2024 £7700/7000

    Mortgage balance: £35,463

    Declutter 13/244

    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)
  • skint_spice
    skint_spice Posts: 13,468 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Back at work today, healthy lunch packed and I will walk there, I have put on a few pounds and waist bands are getting tight😱 aiming to lose half a stone and improve my health, should save money not buying extras too.

    One more day to pay day and no idea what my pay will be🙄
    Mortgage OP 2025 £6750/7000
    Mortgage OP 2024 £7700/7000

    Mortgage balance: £35,463

    Declutter 13/244

    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)
  • elantan
    elantan Posts: 21,022 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I'm having the same waist band issues 🤣🤣🤣

    can you get a wage slip and see ? 
  • skint_spice
    skint_spice Posts: 13,468 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    elantan said:
    I'm having the same waist band issues 🤣🤣🤣

    can you get a wage slip and see ? 
    I have been good for almost two whole days now😱

    That is the issue El, didn’t get pay slip
    until today, I now know what I am getting so all good.
    Mortgage OP 2025 £6750/7000
    Mortgage OP 2024 £7700/7000

    Mortgage balance: £35,463

    Declutter 13/244

    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)
  • Glad you can see your payslip. I find it frustrating when they don't release it until the last minute.
    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 13/9/25
  • skint_spice
    skint_spice Posts: 13,468 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glad you can see your payslip. I find it frustrating when they don't release it until the last minute.
    I know! There are plans to be made 😂
    Mortgage OP 2025 £6750/7000
    Mortgage OP 2024 £7700/7000

    Mortgage balance: £35,463

    Declutter 13/244

    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)
  • skint_spice
    skint_spice Posts: 13,468 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Road tax paid!  CC will be paid off in full for the statement balance although i have used it so will have a smaller balance next month if that makes sense.  I don't like using debit card online in case it gets cloned or something.
    Mortgage OP 2025 £6750/7000
    Mortgage OP 2024 £7700/7000

    Mortgage balance: £35,463

    Declutter 13/244

    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)
  • skint_spice
    skint_spice Posts: 13,468 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Not long in, this weekend has mainly been spent at work although I did manage a run this morning as it was a short evening shift. 
    Trying hard not to spend although temptation is everywhere!
    Mortgage OP 2025 £6750/7000
    Mortgage OP 2024 £7700/7000

    Mortgage balance: £35,463

    Declutter 13/244

    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)
  • skint_spice
    skint_spice Posts: 13,468 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Goodness! Another week has passed already! 
    So most of the week was spent working, caught up with some old friends on Friday for lunch which was incredibly cheap and have had a quiet weekend mainly catching up with courses I needed to do for work.
    Today I have successfully sorted out the info I needed to use the council recycling place again🙄
    A quiet week is planned trying to get myself organised and decluttering.
    Mortgage OP 2025 £6750/7000
    Mortgage OP 2024 £7700/7000

    Mortgage balance: £35,463

    Declutter 13/244

    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)
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