The Next Phase

edited 24 March 2022 at 4:25PM in Debt free diaries
806 replies 26.8K views
Sunshine_girl2Sunshine_girl2 Forumite
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edited 24 March 2022 at 4:25PM in Debt free diaries
I became debt free a week ago , so have decided to start a new diary to cover my journey to working part time when I am 60 in 19 months . Retirement completely will depend on certain factors , so for now I am aiming to be doing 2 days a week starting jan 2023. I want to try and save as much as I can in the next 19 months to have a little bit of rainy day money. It is very likely that I will be paying rent all through my retirement so anything I can save now will help. I want to carry on with all my MSE things that I have learnt over the last few years and try and be frugal , which will hopefully help me in my retirement. Let's see how I do with that idea. 

Debt free April 26th 2021



  • beanieloubeanielou Forumite
    83.6K Posts
    Part of the Furniture 10,000 Posts Mortgage-free Glee! Name Dropper
    Happy shiny new diary  :grin:
    Settles in.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~**
    MFW. Finally mortgage free February 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.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger. ***Be the difference.***
  • Willowtree222Willowtree222 Forumite
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    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Happy New Diary x
    September 2017 Debt = £25330

    Starting afresh.

    You can do anything if you put your mind to it. x
  • WinterWarriorWinterWarrior Forumite
    4.7K Posts
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    How lovely, good luck with your saving ⭐️
    Not all who wander are lost - J.R.R.Tolkien
    🌊 A smooth sea never made a skilled sailor 🌊
    2023 challenges - (1) £8k savings challenge = £2k (2) 2 stone 3lb weight reduction = 12lb
    My WW and friends diary is here 😁 …

  • Seasidegal58Seasidegal58 Forumite
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    All tall the best with your new diary and your saving goals!👍
    Have subscribed!😀
    Finally Debt Free! - July 2016 🌟
    Finished Emergency Fund- £10,000 April 2017
    RETIRED: MAY 2021!!!!😀🎆
    My diary: “Seasidegal's Scrimpy Retirement Diary!”
  • Sun_AddictSun_Addict Forumite
    18.4K Posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Have subscribed 😁 I think a lot of people will be staying with home workouts.
    Christmas Savings 2023 £154.84/£600 March NSD:7 Survey earnings £164.92 1p Savings Challenge no 72: £119.43/£667.95
  • BalanceBy50BalanceBy50 Forumite
    455 Posts
    Fifth Anniversary 100 Posts Name Dropper
    Happy new diary SSG2 😊.  I am 9 years younger than you and will follow this journey if that's ok? I am trying to sort my pensions so I can work 2 days a week from about the age of 62... well that's my plan!  In some ways renting is easier - if you have a good landlord you should never have to worry sorting out any maintenance.  My house is 50 years olod and the neighbours are all starting to get new roofs - something like that is not on my radar at all!

    take care and hope you had a lovely morning in work xx
  • maggiemmaggiem Forumite
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    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Lovely to 'see' you and looking forward to reading your adventures running up to working part time. 
  • milannmilann Forumite
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    Happy new diary. 
    Your plans sound good. An aim to go part time will ease you gradually before you finish working completely.
    There will certainly be a big void when Debenhams goes from the big city. I wonder what’ll happen to the building. I’ve visited that shop all my life 😥 I think this lockdown is the longest period without visiting there.....
    January spends £468…February spends £410 - March spends £250
  • HairyHandofDartmoorHairyHandofDartmoor Forumite
    14K Posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I've subscribed :). It's fantastic that you're debt free now and I'll enjoy reading the next part of your journey :).

    I will also miss Debenhams as I like their kitchenware department and it's good having so much variety under one roof. I think ours is still open (for now). A lot of people will miss it I think and you wonder what will happen to the empty premises..                  
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = £58,766 😱 DEBT FREE 31 OCTOBER 2017 :T 🎉
    EMERGENCY FUND 1 = £50/£5,000. EMERGENCY FUND 2 = £10/£5,000.
    CHRISTMAS SAVINGS = £0/£500. SEF = £1,400/£12,000 PREMIUM BONDS ME = £350. PREMIUM BONDS DH = £300.
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