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New life - debt free
Comments
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You're doing brilliantly @CCW007!! 🙌 I'm aiming for debt neutrality too - no dates on mine thankfully but planning on having a really frugal year so that I can hit target as soon as possible 😉
I'll be cheering you on! 😊'Happiness is not a destination but the journey you walk every day'
GC - October: £39.94/£350
Debt neutral fund - 3/45
'It's the small compromises you keep making over time that start to add up and get you to a place you don't want to be'2 -
Thanks @leftatthetrafficlights - we can cheer each other on!
Once I'm debt neutral, the next target will be to become debt neutral without taking into account my S&S ISA (currently £5,100) as that is part of my retirement fund but I have included it in my calculations for "liquidity" purposes.
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Well done on the progress so far. Great that your OH sold a car to help clear some of the debt. You are going into 2022 in a much stronger position.Achieve FIRE/Mortgage Neutrality
1) MFW Nov 21 £202K now £165K Equity 38.88% 6/9/26
2) £1.5K Net savings after CCs 29/8/26 (but owed £130) so £1.6K
3) 47/82K @29/8/26 = 57.31% AVC Goal by mid 20281 -
Not going to make debt neutral this month - OH needed to buy some expensive parts for his car and various other unexpected expenses have come up so now aiming for debt neutral by end of February and true debt neutral by end of May.
Freezers are full, we have heating oil on order, all major bills are paid so hopefully we can hit target next month!0 -
Why is it always when we're close to hitting a target that unexpected expenses come to bite us??!!! 🙈😔 Glad that you have all the major stuff paid and your oil ordered (prices of that are horrendous at the moment!! 😲) hopefully you'll hit the February target as you've got all that sorted! 😊'Happiness is not a destination but the journey you walk every day'
GC - October: £39.94/£350
Debt neutral fund - 3/45
'It's the small compromises you keep making over time that start to add up and get you to a place you don't want to be'0
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