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Future Proofing my life: Deposit saving then MFW journey in under 13 years

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Comments

  • KajiKita
    KajiKita Posts: 7,938 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    Sounds like the side hustles are going well 😊

    Well done for standing your ground with client A! 👏😊

    KK
    As at 15.08.25:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £232,244
    - OPs to mortgage = £12,148  Interest saved £5,738 to date
    Fixed rate 3.85% ends October 2030

    Read 46 books of target 52 in 2025, as @ 28th August
    Produce tracker: £353 of £300 in 2025

    Watch your thoughts, they become your words.
    Watch your words, they become your actions. 
    Watch your actions, they become your reality. 
  • TallGirl
    TallGirl Posts: 6,237 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Sound like you are living up to your name and we might see some serious flat hunting and planning later in the year. 
    Save £12k in 25 No 49
    PB Win 21 £225, 22 £275, 23 £900, 24 £750 Balance Dec 25 £32.7K  
    Plan to move to Denmark for FIRE by Autumn 2025 “May your decisions reflect your hopes not your fears”
    New diary aiming for fire https://forums.moneysavingexpert.com/discussion/6414795/mortgage-free-now-aiming-for-fire#latest

  • skint_spice
    skint_spice Posts: 13,451 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sounds like you are having fun while making some money, fantastic, enjoy!
    Mortgage OP 2025 £6250/7000
    Mortgage OP 2024 £7700/7000

    Mortgage balance: £36,210


    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)
  • dawnybabes
    dawnybabes Posts: 3,407 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    It sounds fantastic x enjoy ! Life is for living 😁😁😁
    Sealed pot challenge 822

    Jan - £176.66 :j
  • debtfreewannabe321
    debtfreewannabe321 Posts: 9,495 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Great news on the income and the fact you get to do it somewhere fabulous! 😌
    MORTGAGE BALANCE when we moved Aug 2024, £120,000. January 1st £118,267.06. May 1st, £116, 123, June 1st, £115,536, New mortgage added for extension- £165,000 July 1st!
    Mortgage Overpayments - September-December, £152.46. J- £103.27, F- £115, M- £91.50, A- £100, M- £200, J- £200. J- £200. Aug-£200.
    Total- £1362.23
    Goal pay off 1% of current mortgage in 1 year. £1650

    EF- first goal £300
  • Watty1
    Watty1 Posts: 6,948 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Loving your thread. You came up with a plan and are seeing it through and are somewhere fabulous too. Wonderful.
    Made it to mortgage free but what a muddle that became

    In the event the proverbial hits the fan then co-habitees are better stashing their cash than being mortgage free !!
  • savingholmes
    savingholmes Posts: 28,997 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glad things seem to be turning around for you in a positive way. Good luck with side hustle and getting monies owed.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £1.6K Net savings after CCs 14/8/25
    3) Mortgage neutral by 06/30 (AVC £25.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.1/£127.5K target 24.4% 15/8/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
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