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Getting FIREd up 😀
Comments
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Ditto for cat hair.
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*** in ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger.
One debt remaining. Home improvement loan. 13 months left.1 -
God I love a good spreadsheet - I'm constantly tweaking my budgeting one 😂
Emergency Fund - £8572.39 / £10,000 :: Mortgage OP 2026 -£35,000 £LISA 26/27 - £1767 / £4000 :: NSD 2026 - 3 / 150 :: Books Read: 48 / 52 :: Decluttering - 1 / 365Engaged 9th December 2010 :: Married 29th October 2015 :: Bought a House 13th January 20174 -
First of the month round-up….
- Savings for retirement: +£5,084.81
- Average needed per month to retire in 9 years: £4,039.96
- Rolling 12-month average: £2,534.86
- Getting FIREd up starts: April 2027
Not a bad rebound this month, nice to see the monthly average come back up. More months like this needed though!
P.S. The LISA transfer is still not complete 🤦♀️!
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!!!6 -
Remind me SC, is your average needed new money or can it include growth?
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Definitely includes growth, Ed. I can't put that much in each month 😱!
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 -
Mince pies in the supermarkets 😳
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 -
In M&S food hall this week I saw mince pies, Christmas cake, tins of shortbread, Christmas chocolate....
They were next to the Halloween offerings.
Fashion on a ration 2025 0/66 coupons spent
79.5 coupons rolled over 4/75.5 coupons spent - using for secondhand purchases
One income, home educating family3 -
A friend brought me these today!
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*** in ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger.
One debt remaining. Home improvement loan. 13 months left.5 -
Ditching the gilts update:
- Sold on 1 February for £941.14 and bought the same amount of Lifestrategy Global 80/20
- On 28 May added £740.65 of invested interest I earned on the old Moneybox cash ISA
- Sold on 29 August for £1761.39 and bought the same amount of VALL (following a talking-to by julicorn 😅)
- So far up by £28.78
So, net of the Moneybox cash added, what I sold in Feb for £941 is now at £1049, so not quite back to the £1102 that I originally put into the gilts, but I'm happy that we're now going in the correct trajectory. The S&S is now 100% in equities (was already about 98% TBF), and if the LISA transfer ever completes that will be too, so we're full steam ahead, baby!
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!!!3 -
Also making a bit of a move to VALL, realised that DB pensions are probably worth £190k-£250k already (depending on when I take them), so probably don't need to be holding as many bonds as I am in my SIPP and ISA. As I said on my thread, this almost definitely guarantees a market crash, so get your cash ready to buy 😁
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