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Ninety months to pay off mortgage - or as near as dammit!
Comments
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Nice to meet up with friends.
Good luck with the tip and your decluttering.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 -
I must really get to the decluttering...Mortgage OP 2025 £6750/7000Mortgage 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)1 -
Bless me MSE for I have spent... way too much this month! This is what happens when you go way too frugal then dip your toe into spending. I think going forward I should probably allow a regular clothing budget in my savings but there's just too many expenses right now.
Must stop moaning as life is really quite good, I have been doing a fair bit of overtime though but think I will cut down on this in december as it is tiring me out and work requires a lively, cheery persona not a tired old grump. Money isn't everything...
Energy company have just cut my DD despite not having taken a payment since they put it up...
Off today so and it's dry so the bedding is getting done, it's been pouring almost non stop lately and it's so hard trying to dry things.
Waiting on payslip coming through so I can make a proper budget for november and the onslaught of the pressie buying.Mortgage OP 2025 £6750/7000Mortgage 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)1 -
Ok, let's hear all the confessions, let's wipe the slate clean and start a wee clothes budget2
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Oh let’s see… two coats, two pairs of boots and two dresses… a shirt and a cardi. Think that’s me😂elantan said:Ok, let's hear all the confessions, let's wipe the slate clean and start a wee clothes budget
£50 a month from here on in?
Mortgage OP 2025 £6750/7000Mortgage 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)2 -
Not much then
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Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.3 -
Oh bless me father for I have sinned...
It sounds like it was well overdue Skinty.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 13/9/252 -
oooft you kept that quiet 🤣🤣🤣
£50 sounds doable and realistic, so what you gonna do to afford it ?2 -
P.s
I'm needing a mate date . I'm awfy needy just now 🤣🤣2 -
Could have been worse I suppose 😂 and I used my discount card for most of it.beanielou said:Not much thenMortgage OP 2025 £6750/7000Mortgage 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)1
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