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Prosperous soul embraces creativity & mortgage neutrality
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Just popping over to say "hi" having realised you have a diary! I think the tactic of working out your 'true' hourly pay (that you describe a few posts back) and comparing the cost of things to that to see how much of your life you 'trade' for them is really good. When I can get into that sort of mindset I find it really helpful, but staying there is the problem for me. I'm not so great at consistency. I also try and use the the mantra 'What I want and what I want now...' which helps break through the instant gratification buzz I find myself seeking.
Good luck with the returns!
- Mortgage over-payments to date: = £16,746
- Original redemption date: August 2043
- Current redemption date: July 2041
- Debt: £15,930
- Savings: £12,430
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I think a lot of stores are OK with refunds via credit note in the absence of a receipt as long as the item is one they still stock, and it's in a condition where it can go back on the shelf.🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her6 -
I am always right
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Go you! Just start selling and let the prices increase after the first 5 or 10 sold.. and keep that extra money tracked as motivation 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#latest7 -
Welcome @PiggyBankShaker
Yes it can really help set priorities. My challenge now is I have realised the true cost of all the junk food I buy and eat and how that's sabotaging not just my health but my financial future.
If I consistently knocked £20 off my eating budget a month that would knock another 6 months off the mortgage etc. Something for the new year...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 29/7/257 -
Thanks. He's not come back even after I offered a £10 discount. It does give me more faith there will be others though.LadyWithAPlan said:I am always right)
Go you! Just start selling and let the prices increase after the first 5 or 10 sold.. and keep that extra money tracked as motivationAchieve 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 29/7/256 -
I am so lazy, I would rather give something away than sell it or return it. Another thing to work on!But very impressedDebt Jan 2017 = £42kMay 2022 = £15k6
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This is so me! Just a few treats...savingholmes said:Welcome @PiggyBankShaker
Yes it can really help set priorities. My challenge now is I have realised the true cost of all the junk food I buy and eat and how that's sabotaging not just my health but my financial future.
If I consistently knocked £20 off my eating budget a month that would knock another 6 months off the mortgage etc. Something for the new year...Mortgage OP 2025 £6000/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £36,680
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)7 -
I used to constantly work out how many hours I'd have to work to pay for things, as I didn't like my job it made life so much easier as I resented spending it on wasteful items and that was the motivation.Mortgage started 2020, aiming to clear 31/12/2029.7
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I have traditionally been like that - I'm trying to change as it's not sustainable any more and probably never was...boxofpaws said:I am so lazy, I would rather give something away than sell it or return it. Another thing to work on!But very impressed
It's so easy done though isn't it - the negative side... It was life changing for me when I realised how much difference just sending the cost of a meal out to the mortgage instead made... My focus at the moment is trying to fund at least the £20 mortgage OP and the £50 extra into my pension from new £ - so I still feel like I'm living - while I also clear the existing debt.skint_spice said:
This is so me! Just a few treats...savingholmes said:If I consistently knocked £20 off my eating budget a month that would knock another 6 months off the mortgage etc. Something for the new year...
My credit score dropped a whole 20 points from my recent activities - but then they don't seem to have caught on that while I redeemed a mortgage I also took out a whopping great big new one LOL. It will be interesting to see what next month's score is. I'm sorted for now regardless - other than trying to make extra £.
I've had a bit of rough day due to wider family issues - but some people reached out to support me which was faith in human nature restoring in the end. I did make it out to a local park but may have ended up yelling into my phone and scaring the locals - so not sure how much benefit the 'exercise' actually gave me!! I gave DD a very edited version and she's given me some chocolate and crisps tonight... Guilt free food as not out of my budget.
Tomorrow is payday and first official payment of the new mortgage day... very exciting. Again can only really say that here as most others wouldn't understand.
I have the BB engineer coming tomorrow am but also have a dentist check up - really hoping they don't come while I'm out for my 10 minute check up!! I meant to ask a neighbour if she could help out - but someone rang and it's now too late at night. I might text her in the morning. In the afternoon I'm meeting my counsellor at a local park and we're having a walk and chat outside which will also help me increase my exercise. I've also booked some time off for tomorrow and Thursday afternoon so I can finish slightly early which will be good.
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 29/7/258 -
@savingholmes Look after yourself and be good to yourself. You have achieved so much and there are people who need you.Credit card One :£926.60( Oct 21 )(Nov 21 vet bill disaster), £999(Jan 22), £974(Feb 22)
Credit Card Fl :£739.26 (Oct 21)£763 (Nov 21) , £590(Jan 22), £298(Feb 22)
Savings target C.U. £1000(£410 Oct 21)(£610 Nov 21)
Savings target Bank £500 (£10 Oct 21) (£50 Nov 21)(£60 Jan 22)(£80 Feb 22)
Credit Union loan paid off. Now for the funeral plan...6
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