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Prosperous soul embraces creativity & mortgage neutrality
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Great news, it must be a great feeling!
Mortgage balance as of 21.7.21 - £75,766. (7 yr mortgage on 2 yr fix of 1.32%)Mortgage balance as of 20.8.22 - £58,445.08o/p 2021/2022 = £6,313/£7,500o/p so far 2022/2023 = £5,997/£5,997 Goal 1 - to be under 60k by 20.7.22✔️Goal 2 - to op 10% of mortg by 31.12.22✔️Goal 3 - to pay off mortgage by 7.1.2023 (Subject to sale of btl property)✔️Goal 4 - to pay off cc by end of Jan 2023 - £260.64/£1500Goal 5 - to pay off car loan by 31.8.23 - £1722.39/£10,0004 -
Thanks Dancing and @Mickyh-s. It is an amazing feeling.
DD has the day off tomorrow. I've agreed to pay her to paint the wall for the roman blind so that will take some pressure off. So hopefully things are coming together house wise too.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 29/7/254 -
I've come away from TRE this last week as have still been feeling rough post covid. Today I feel like I haven't stopped eating so definitely need to reset my body again. May wait until after the graduation though.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 29/7/254 -
Great news about P1P.
Things will settle as you begin to feel better.Mortgage started 2020, aiming to clear 31/12/2029.4 -
Great news about the PIP
"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 McGee2 -
Cream cake and grapes anyone? Slightly off plan... But back on it... Wednesday
Filled up with fuel - 28 litres for £55. Painful.
DD only started painting after 9pm and has covered my bed so not sure if I'll be able to sleep in my room tonight.
My watch tells me I've burned loads of calories just trying to cool myself down!! Hope you are all doing well.
Looking forward to seeing DS tomorrow.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 29/7/255 -
That's healthy, fruit and dairy.
Hope you are able to get into bed.Mortgage started 2020, aiming to clear 31/12/2029.3 -
aye I will help ya eat the grapes and cake, lob em over my way
how does the wall painting look ?3 -
Passes cake and grapes to El
Well I made it through graduation & the follow on meal with DS, DD and Ex. Now safely home again. DS has gone for a walk so all 3 of us are now getting a bit of alone time. May do fire pit and marshmallows later... with colourful flames - with the help of some sachets.
The wall needs another coat - and she did 3/4 of one wall... i.e. didn't move my chest of drawers... I did sleep in the room but had to move a lot of stuff to the future art room just to clear my bed. I have tomorrow off - so may try and do some after DS leaves. I have a dental appointment but that's all tomorrow. I'll text the tradesman tomorrow and check when he's planning to come as I gave him 3 options Wed-Fri. So far he hasn't settled on one. Roll eyes.
DS is really struggling financially down in the big smoke - with high rent, utility bills, past debt and COL challenges. He has to find a new place to rent from late August - and they're all for more than he pays now. He is trying to find ways to earn more £ but it's all challenging. Really feel for him. Hope something turns around for him soon.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 29/7/259 -
Not sure how old he is but look into Property Guardian it’s a very cheap way to live on some quirky properties. I would recommend Global we were with them for 3 years renting in Clapham.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#latest5
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