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Minnie's Midden

1235

Comments

  • March already and the update is:

    Mortgage outstanding - £148,247.79
    Offset mortgage - £ 3,440.80
    Emergency Fund - £1,469.12

    I only have 7 more blasts of chemo to go.  The fluid on my lung has resolved (I had a scan last week) and my onc has given me the okay to start back to work on Monday - hallelujah.  I'll be on light duties until I get a medical and am passed as fit.  I was due annual leave so am taking that this week and that way I'll be back to full pay,  thank God.

    Could do with more lodgers but I'll address that when we come back from our family holiday next month.  I am so looking forward to the holiday as we will have all five grandchildren with us, along with my best friend, her husband and their daughter.

    MM x  

  • Late April update

    Mortgage outstanding - £147,559.84
    Offset Mortgage - £500.80
    Emergency Fund - £2,125.00
     
    We've had our holiday and it was fab.  I got signed back to work a few weeks ago, yippee.  My chemo has been successful.  My meds will now be exemestane instead of faslodex and abemociclide.  Two more chemos to go.  Influenza now cleared up after two sets of antibiotics.  

    Got a new staff member to cover hols/sickness and business cash flow has improved.
  • LeighofMar
    LeighofMar Posts: 672 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    Wonderful to read that you are feeling better and had a nice holiday. 
    Mortgage start date Dec 2015 - $64,655.00
    Mortgage end date Dec 2045 - NOT!!!!
    Mortgage balance  - $4600.00
    Business Savings $43,310/100k
    Hope to be mortgage-free by end of 2023 
  • MinnieMidden
    MinnieMidden Posts: 33 Forumite
    10 Posts Photogenic First Anniversary Name Dropper
    Another late update!  May...

    Mortgage outstanding - £146,881.39
    Offset Mortgage - £1,000.00
    Emergency Fund - £5,281.72

    MM x
  • doingitanyway
    doingitanyway Posts: 9,148 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    Delurking to say how pleased I am to hear your chemo was a success. Onwards and upwards  :)
    If you have built castles in the air, your work should not be lost; that is where they should be. Now put the foundations under them.

    Solicitor/survey savings 300/1700
    Emergency fund 0/1000
    Buffer fund 0/200
  • Thanks @doingitanyway

    June 23 update

    Mortgage £146,194.96
    Offset £980.80
    Emergency savings £5,521.72

    MM x
  • MinnieMidden
    MinnieMidden Posts: 33 Forumite
    10 Posts Photogenic First Anniversary Name Dropper
    July update

    Mortgage £145,513.45
    Offset £1,460.80
    Emergency Savings £5,761.72

    Have been working as much overtime as I possibly can.  Have made decent inroads in to paying debt also.  Had used credit cards to pay for our holiday in April and have also been paying off DH cc as he has been using it for personal purchases.  Only health issue last month was calcium level had dropped.  I'd moved over to using oat milk from cows milk so I'm guessing that this had an effect.  I was instructed to double up on the adcal but it gives me severe bone pain so I've knocked that on the head.  Will just need to try and keep calcium levels up through food intake.

    MM x
  • MinnieMidden
    MinnieMidden Posts: 33 Forumite
    10 Posts Photogenic First Anniversary Name Dropper
    edited 7 July 2023 at 5:31AM
    Just dawned on me that July is comparison month.  So this July compared to last...

    Mortgage was £169,255.38 and is now £145,513.45 => reduction of £23,741.93
    Offset was £11,225.00 and is now £1,460.80

    Also, I now have emergency savings which I didn't have last year.  Plus, I am down on lodger numbers too.  Just trying to make the most of what I have and getting by in the best way I know how.

    MM x
  • Fortune_Smiles
    Fortune_Smiles Posts: 5,101 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Hi Minnie 🙂  Just popping in to say well done.  You've kept going in very tough circumstances.  What an inspiration you are 🏆

    Fortune x

    Mortgage: 100% paid Emergency Fund: 100%
    A Better View 🌄 'Being on the edge isn't as safe, but the view is better' - Ricky Gervais
  • savingholmes
    savingholmes Posts: 28,682 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Just caught up again. Very inspiring progress.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K with 227 payments to go - now £177.5K Equity 29%
    2) CC1 £12465 (0% expires Aug 26), CC2 £9208 (0% expires Aug 25) & CC3 £240 (0% exp Mar 25)
    3) CC debt offset by £26.1K savings & £5.1K investments
    3) Mortgage neutral by 06/30 (AVC £17.7K + Lump Sums DB £4.6K + (25% of SIPP 1.18K) = 23.48/£127.5K target 18.4% value 17/1/25
    4) FI Age 60 income target £13.7/30K 45.7%
    5) SIPP £4.7K 17/1/25
    6) Set up new income streams: Start up costs £260
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