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Getting FIREd up 😀

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Comments

  • South_coast
    South_coast Posts: 6,663 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic

    Sadly, it's not going to make any difference to my fees for now, as I'm being stung for the flat rate due to my lowly level of assets, but an investor always thinks about the long-term, right???

    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!!!
  • julicorn
    julicorn Posts: 2,774 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic

    I went to Dobbies today to see if they had some Halloween bits, and watched them put out their Christmas range instead 😳

  • Staffordia
    Staffordia Posts: 445 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    Mortgage Free November 2018
    Early Retired June 2020
  • julicorn
    julicorn Posts: 2,774 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic

    I mean, their Christmas decorations aren't exactly perishable, so that's less of a concern personally 😆

  • edinburgher
    edinburgher Posts: 14,743 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 6 September at 2:13PM

    Morrisons are already doing specials on Christmas stuff, I'm guessing people gambling on getting keener prices now who can afford to store Morries stock for them? 😉

    Another reading is that retailers are expecting more of the costs of the Iran conflict to filter through by the end of the year, meaning a leaner Christmas for some. Retailers occasionally stagger stuff earlier when there's an economic downturn on the basis of "buy a bit each month". We've held the line with the exception of a tub of Heroes

  • Viking_mfw
    Viking_mfw Posts: 791 Forumite
    Ninth Anniversary 500 Posts Name Dropper

    I was more cynically thinking that Christmas cheers people up and puts them in a buying mood and might therefore encourage more bought over longer period given we're all feeling the pinch.

  • South_coast
    South_coast Posts: 6,663 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic

    Right, it's official, I have re-jigged my savings allocations spreadsheet to show that I will be putting more into my pension for a year from April 2027 (now I just need to work out what percentage I need to set it at to achieve the target reduction in net pay 🤔🤔🤔)

    I feel like I have done so much money re-organising this year, it's exhausting! Hopefully I am now running out of things to do, but I still see these on the horizon:

    • September - Actually invest the money in the new LISA once the transfer is finally over (and leave it there forever, from the way I'm feeling 😳!)
    • December - Move my niece's money when the fixed rate expires
    • April - Claim tax allowances x2, submit request for increased pension contributions, switch to a new cash ISA when the fixed rate expires

    That still seems like quite a lot 🤦‍♀️!

    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!!!
  • julicorn
    julicorn Posts: 2,774 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic

    Admit it, fiddling with a spreadsheet is at least a little bit fun! 😆

  • South_coast
    South_coast Posts: 6,663 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic

    I dunno, it did feel pretty depressing to change it from "Normal years 2028 onwards" to "Normal years 2029 onwards" - that's a long time to not be following a simple, regular schedule! I just want to set and forget 🙄!

    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!!!
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