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Getting FIREd up π
Comments
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I have got my favourites ready to recommend when required πππMortgage start: Β£65,495 (March 2016)
Cleared π§ββοΈπ§ββοΈπ§ββοΈ!!! In 5 years, 1 month andΒ 29 days
Total amount repaid: Β£72,307.03. Β£1.10 repaid for every Β£1.00 borrowed
Finally earning interest instead of paying it!!!4 -
I can understand why they are doing a blanket approach with the energy bills help and we arenβt in a fantastic position but like you Iβd rather not have it, especially the Β£200 βloanβ
i hadnβt realised until I watched Martin on Instagram as well that even if you donβt have the Β£200 ie youβre still living at home, you will still have to pay those Β£40s if you then are a energy bill payer in years to come which feels really harsh!DFW (08/08) Β£64,346.53 Gone (02/19)
MFW (08/08) Β£118k Gone (09/23)5 -
It is really badly thought outAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 Β£202K now Β£172.5K Equity 36.11%
2) Β£1.8K Net savings after CCs 13/9/25
3) Mortgage neutral by 06/30 (AVC Β£26.8K + Lump Sums DB Β£4.6K + (25% of SIPP 1.2K) = 32.6/Β£127.5K target 25.6% 13/9/25
(If took bigger lump sum = 54.5K or 42.7%)
4) FI Age 60 income target Β£17.1/30K 57% (if mortgage and debts repaid - need more otherwise)
(If bigger lump sum Β£15.8/30K 52.67%)
5) SIPP Β£4.8K updated 13/9/252 -
I am just grateful spring is not a million miles away5
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Not long now Ed, I saw my first daffs in a hedgerow this week (albeit very bedraggled-looking)!
Mortgage start: Β£65,495 (March 2016)
Cleared π§ββοΈπ§ββοΈπ§ββοΈ!!! In 5 years, 1 month andΒ 29 days
Total amount repaid: Β£72,307.03. Β£1.10 repaid for every Β£1.00 borrowed
Finally earning interest instead of paying it!!!4 -
Crocuses are out tooAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 Β£202K now Β£172.5K Equity 36.11%
2) Β£1.8K Net savings after CCs 13/9/25
3) Mortgage neutral by 06/30 (AVC Β£26.8K + Lump Sums DB Β£4.6K + (25% of SIPP 1.2K) = 32.6/Β£127.5K target 25.6% 13/9/25
(If took bigger lump sum = 54.5K or 42.7%)
4) FI Age 60 income target Β£17.1/30K 57% (if mortgage and debts repaid - need more otherwise)
(If bigger lump sum Β£15.8/30K 52.67%)
5) SIPP Β£4.8K updated 13/9/253 -
Only daffs count for me - they are my birthday flower πMortgage start: Β£65,495 (March 2016)
Cleared π§ββοΈπ§ββοΈπ§ββοΈ!!! In 5 years, 1 month andΒ 29 days
Total amount repaid: Β£72,307.03. Β£1.10 repaid for every Β£1.00 borrowed
Finally earning interest instead of paying it!!!4 -
I like daffodils because I actually know what they look like...7
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Ha! That definitely sounds like me, not very good with "nature" generallyMortgage start: Β£65,495 (March 2016)
Cleared π§ββοΈπ§ββοΈπ§ββοΈ!!! In 5 years, 1 month andΒ 29 days
Total amount repaid: Β£72,307.03. Β£1.10 repaid for every Β£1.00 borrowed
Finally earning interest instead of paying it!!!4 -
I went to an RHS garden this weekend and DH was all "Look the daffodils are out" and this woman just whipped round at him and almost spat out "I think you'll find they're actually called narcissus"Β and then stored off with her friend muttering under her breath very loudly that we were ignorant children πEmergency Fund - Β£8572.39 / Β£10,000 :: Mortgage OP 2025 - Β£LISA 24/25 - Β£3200 / Β£4000 :: NSD 2025 - 2 / 150 :: Books Read: 1 / 52 :: Decluttering - 4 / 1000Engaged 9th December 2010 :: Married 29th October 2015 :: Bought a House 13th January 20179
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