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Prosperous soul embraces creativity & mortgage neutrality
Comments
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Congratulations to all who stood back and saw their own self worth. It is more valuable than any pension!
Onwards and upwards with your plans Savings and count your numerous blessings!What I do not give, you must never take by force.
Mortgage outstanding - 30/12/22 - £25,900. 31/01/23 - £22,300. 28/02/23 - £20,500. 31/03/23 - £17,500. 30/04/23 - £15,800. 30/05/23 - £13,800. 31/06/23 - £11,300. 31/07/23 - £9,800. 31/08/23 - £8,300. 30/09/23 - £6,000. 31/10/23 - £3,000. 30/11/23 - £1,200. 06/12/23 - £00.00
God save us everyone, As we burn inside the fire of a thousand suns, For the sins of our hands, The sins of our tongues, The sins of our fathers, The sins of our young. Linkin Park6 -
Thanks MF and Tahlullah - as you say - I have choices now.
I had a good time with wider family yesterday - although the drive there and back was tiring and I've spent today hibernating. I only connected the dots because of what someone put on another diary. Ah well - at least I had today to recover. Back in the fray this week with work - and an exam Friday and then I'm off for two weeks. Really looking forward to it.
Looks like I've sold my bike on FB- which is an important part of decluttering the shed. Making progress! Should be collected tomorrow. Only getting £20 but I'll be glad to see the back of it.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 10/10/257 -
Glad you had a good time.
Well done on selling the bike!"Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee4 -
Well done selling another space hogging item, it all helps boost funds.Mortgage started 2020, aiming to clear 31/12/2029.4
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Thanks Jwil and MF. Window cleaner came today - £10 gone.
Mortgage went out - so I'm estimating that takes me around £614 off the capital this month (slightly less than normal due to bank holidays delaying payment) so I am now around £198,800. It feels good to be making progress. Grateful that I still have some flex in my budget.
I have lots of fruit trees flowering in my garden. A pink clematis at the front is about to burst into flower too. I also have grape hyacinth / blue bell type flowers and some pretty pink geraniums. Some yellow jasmine in flower and purple azalea. A white camelia. A Skimmia rubella with white flowers and flame of forest with bright red leaves. Feeling blessed by the garden. (Ignoring all the weeds which are also in flower LOL).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 10/10/259 -
I also chased my regrade today only to find my boss had forgotten to send it off!!! Sigh... Hopefully one day 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 10/10/256 -
As you say hopefully soon!!I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.4 -
Don't you mean wild flowers are in bloom 😉
How frustrating is your boss, hopefully it's been sent in now.
Your contractual mortgage payment takes a nice chunk off each month.Mortgage started 2020, aiming to clear 31/12/2029.4 -
Congratulations on being debt free SH!! You’ve done fantastic to get there with all the hurdles thrown your way, and don’t let the gift diminish your determination to succeed
MFW 2021 #76 £5,145
MFW 2022 #27 £5,300
MFW 2023 #27 £2,000
MFW 2024 #27 £6,055
MFW 2025 #27 £3,100/£5,0005 -
Weeds are just flowers in the wrong place! I always leave them when they are blooming (and when they are not to be honest
).
How frustrating about the boss, hope it gets sorted quickly."Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee4
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