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

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  • Cheery_Daff
    Cheery_Daff Posts: 17,139 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Lots of planning going on here! You could always put the kettle away ready to use in your new home when you get it 😊
  • KajiKita
    KajiKita Posts: 7,649 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    edited 24 April 2023 at 9:04PM
    Fabulous update and I am delighted that the ‘widgetty-gadgetry side hustle’ phrase was so resonant. 😊

    The sofa sounds stunning …. Quite jealous as I would love classic furniture like that but we just don’t have the time or the money to make it happen atm. 😊

    Yaay for the trip - that sounds lovely and I am enjoying the idea of the bejewelled sandals being bought in honour of it 😊

    Re the kettle …. I am *very* tempted to suggest that you retile just the section of the kitchen behind where the kettle would sit. It wouldn’t cost much (you could probably find suitable leftover project tiles on FBMP or fleabay), you get to practice another DIY skill and your gorgeous kettle would have its own special setting, like the jewel that it is …. 😉

    KK
    As at 15.07.25:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
    - OPs to mortgage = £11,816 Interest saved £5,28 to date
    Fixed rate 3.85% ends January 2030

    Read 40 books of target 52 in 2025, as @ 29th July
    Produce tracker: £243 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. 
  • LadyWithAPlan
    LadyWithAPlan Posts: 3,744 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    edited 24 April 2023 at 9:14PM
    KajiKita said:
    Fabulous update and I am delighted that the ‘widgetty-gadgetry side hustle’ phrase was so resonant. 😊

    The sofa sounds stunning …. Quite jealous as I would love classic furniture like that but we just don’t have the time or the money to make it happen atm. 😊

    Yaay for the trip - that sounds lovely and I am enjoying the idea of the bejewelled sandals being bought in honour of it 😊

    Re the kettle …. I am *very* tempted to suggest that you retile just the section of the kitchen behind where the kettle would sit. It wouldn’t cost much (you could probably find suitable leftover project tiles on FBMP or fleabay), you get to practice another DIY skill and your gorgeous kettle would have its own special setting, like the jewel that it is …. 😉

    KK
    I bought the sofa thing about 20 years ago at auction - it had been new reupholstered then so was perfect (£750 i think then) but the last year it was looking tired so.. it will be a real piece once done that I will be refusing to eat crisps on! it should last me another 20 years..
    I have another 1 metre long  seat thing also to do after but its rectangular and no curved arms etc so should only take 1 metre of fabric...

    At least when I finally buy I already have all the furniture - I try to buy seldomly but well - but I worry I will have a load of expensive looking furnoture and stuff (eg a SMEG kettle) and no actual home!

    I have learnt how to floor tile but not wall tile yet so .. maybe your idea is a good one - I will look at ebay for some contrasting colours .. - though the lounge also needs a fresh coat of paint and I was thinking about making some mirrored mosiac tiles artwork (rather than tiling the wall then moving and leaving it behind) 
    Or maybe I could paint one section of the tiles ? I am sure you can and it could go on a bit where not a lot happens washing wise etc .. hmm I will google kitchen tile paint


    Lots of planning going on here! You could always put the kettle away ready to use in your new home when you get it 😊

    Yes indeed - maybe test it once - just in case - they have 2 year guarantees...

    NSD day today! Though I can see a DD going out for web hosting stuff .. Thats 2/8 since last week

    DON'T BUY STUFF (from Frugalwoods)
    No seriously, just don’t buy things. 99% of our success with our savings rate is attributed to the fact that we don’t buy things... You can and should take advantage of discounts.... But at the end of the day, the only way to truly save money is to not buy stuff.    Money doesn’t walk out of your wallet on its own accord.
    https://forums.moneysavingexpert.com/discussion/6289577/future-proofing-my-life-deposit-saving-then-mfw-journey-in-under-13-years#latest
  • Viking_mfw
    Viking_mfw Posts: 728 Forumite
    Eighth Anniversary 500 Posts Name Dropper
    Re Marriage Under Construction: I feel confident that even if you are right that you knew less about DIY than they did, you have considerably more financial savvy!!!
  • South_coast
    South_coast Posts: 5,865 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    I would not redecorate the kitchen to make use of the free kettle! If it were your own home you had bought then it might be different, but this is a rental you are planning on leaving and have already spent loads of your own money on updating. Is it worth emailing them to say you love the kettle but the colour just doesn't go with your kitchen and ask if there is any way of exchanging it? 
    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
  • Fancy kettles are for life, rental kitchens are just for now. If you could see the nice kettle going with your eventual own kitchen then keep it.
    Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
    Current mortgage amount: £226,957.97
    Start student loan 2012: £29,750; current student loan: CLEARED July 2025
  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I would sell the cream one and buy one you actually want. 

    You make enough money and it sounds like it would make you smile.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £2.6K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • LadyWithAPlan
    LadyWithAPlan Posts: 3,744 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    DON'T BUY STUFF (from Frugalwoods)
    No seriously, just don’t buy things. 99% of our success with our savings rate is attributed to the fact that we don’t buy things... You can and should take advantage of discounts.... But at the end of the day, the only way to truly save money is to not buy stuff.    Money doesn’t walk out of your wallet on its own accord.
    https://forums.moneysavingexpert.com/discussion/6289577/future-proofing-my-life-deposit-saving-then-mfw-journey-in-under-13-years#latest
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