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Getting FIREd up 😀
Comments
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Great round up SC, my S&S is at -7% currently, it’s been a bad year all round. You are doing brilliantly! I hope you have a wonderful 2023 CM4
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Thanks CMMortgage 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!!!2 -
Happy New Year and that looks like a great round up. Onwards and upwards, baby steps!Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535
Retirement Planning
Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,5003 -
I think our round-up looks great; lots of buying upfront and not using credit.
I don't understand the percentages though! I am very new to the saving malarky!Signiture dated 23/09/2025
3-month emergency fund (Cash ISA and PBonds): £5,382/ + £1,500 = £6,882 /£7,500 (Target 1)
Stocks and shares ISA: £2,232.94
Additional pension contributions £0 (target £450pcm)
Overpayment on mortgage: 1% at a time (£1,518)
Big Renno...and appliances. Front of the house, fridge freezer, dishwasher and washing machine)3 -
Thanks both 😀 Carrie, the percentages show where I currently am against each target. When there are big monthly +/- swings in £ terms it can show a misleading picture, but by reporting it in "percentage to target" figures, it hopefully makes it clearer overall. I don't always work on each one each month, which is why some of them have the same percentage for two months runningMortgage 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!!!3 -
Thank you- got it!Signiture dated 23/09/2025
3-month emergency fund (Cash ISA and PBonds): £5,382/ + £1,500 = £6,882 /£7,500 (Target 1)
Stocks and shares ISA: £2,232.94
Additional pension contributions £0 (target £450pcm)
Overpayment on mortgage: 1% at a time (£1,518)
Big Renno...and appliances. Front of the house, fridge freezer, dishwasher and washing machine)3 -
Back to work tomorrow - bleurgh 🙁 I was already dreaming about it last night. Today is all about trying not to dwell on how many more years I have to work if I only make £5k of progress towards FIRE each year 🤦♀️!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!!!5 -
So relate to this!South_coast said:oday is all about trying not to dwell on how many more years I have to work if I only make £5k of progress towards FIRE each year 🤦♀️!Achieve FIRE/Mortgage Neutrality
1) MFW Nov 21 £202K now £166.7K Equity 38.23% 12/7/26
2) £1.8K Net savings after CCs 31/7/26 (but owed £400) so £2.2K
3) 44.5/82K = 54.26% AVC Goal by mid 20282 -
Thanks SC! He's my favourite Doctor Who 😂South_coast said:Thanks all 😀 And just for you Jessy....
....Christopher Eccleston in Morse 🤣!I've been mortgage free once, so let's do it again!
Starting balance March 26 £191,274.532 -
Yes, I thought so 🤣🤣🤣!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!!!2
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