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Learning to walk before I run

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Comments

  • edinburgher
    edinburgher Posts: 14,079 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    £2.25 cashback withdrawn from TCB (bought myself a Mr M's voucher that I used for groceries yesterday) - £1.13 OPed and £1.13 paid into my ISA.

    I have always been tickled by the quote "Markets can stay irrational longer than you can stay solvent". I always like to think "I can remain determined for longer than markets can stay irrational" - take that Keynes! ;)

  • savingholmes
    savingholmes Posts: 29,070 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well done on the pension payment.

    Hope the pain resolves soon.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £171.8K Equity 36.37%
    2) £2.6K Net savings after CCs 10/10/25
    3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
    (If took bigger lump sum = 60.35K or 47.6%)
    4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
    5) SIPP £5K updated 10/10/25
  • savingholmes
    savingholmes Posts: 29,070 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well done on the SIPP and your weight loss.

    I have no idea re builder. It's a big risk for him too isn't it...?  Perhaps ask what specifically it's for - and if it's for materials ask when they will be delivered and perhaps pay on delivery? 
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £171.8K Equity 36.37%
    2) £2.6K Net savings after CCs 10/10/25
    3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
    (If took bigger lump sum = 60.35K or 47.6%)
    4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
    5) SIPP £5K updated 10/10/25
  • Suffolk_lass
    Suffolk_lass Posts: 10,446 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I have never been asked for a deposit up-front. Times are very different now though. See if you can pay with your credit card with benefits so you can get a refund if there is a problem, and you get something out of it (it is a JL card for me).

    The one time we did pay ahead of work being finished (£30k) the builders went awol for 6 weeks leaving us with a tarp across the back of the house from the week before Christmas until February. It was this that destroyed my sleep pattern, permanently
    Save £12k in 2025 #2 I am at £10,020.92 out of £6000 after September
    OS Grocery Challenge in 2025 I am at £2234.63/£3000 or 74.49% of my annual spend so far (not going to be much of a Christmas at this rate as no spare after 9 months!
    I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the Grow your own thread
    My new diary is here
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