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Getting FIREd up ๐
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Have you started working towards them ๐South_coast said:Is it weird that I've already set myself two financial goals for 2023 ๐ค๐คทโโ๏ธ?
BTW I'm also curious ๐คFashion on a ration 2025ย 0/66 coupons spent
79.5 coupons rolled over 4/75.5 coupons spent - using for secondhand purchases
Oneย income, home educating familyย4 -
No time for that now, I'VE JUST BOUGHT PETROL AT 169.9p ๐๐๐!!!Mortgage start: ยฃ65,495 (March 2016)
Cleared ๐งโโ๏ธ๐งโโ๏ธ๐งโโ๏ธ!!! In 5 years, 1 month andย 29 days
Total amount repaid: ยฃ72,307.03. ยฃ1.10 repaid for every ยฃ1.00 borrowed
Finally earning interest instead of paying it!!!7 -
(That's a 20p per litre saving on what Sainsbury's were charging a couple of weeks ago, saving me SIX POUNDS on the 30 litres I've just put in)Mortgage start: ยฃ65,495 (March 2016)
Cleared ๐งโโ๏ธ๐งโโ๏ธ๐งโโ๏ธ!!! In 5 years, 1 month andย 29 days
Total amount repaid: ยฃ72,307.03. ยฃ1.10 repaid for every ยฃ1.00 borrowed
Finally earning interest instead of paying it!!!6 -
Sorry, for the caps, you can probably tell I'm a bit excited ๐คฃ!
Mortgage start: ยฃ65,495 (March 2016)
Cleared ๐งโโ๏ธ๐งโโ๏ธ๐งโโ๏ธ!!! In 5 years, 1 month andย 29 days
Total amount repaid: ยฃ72,307.03. ยฃ1.10 repaid for every ยฃ1.00 borrowed
Finally earning interest instead of paying it!!!5 -
WOW! Thatโs an absolute bargain! You should be happy! ๐๐Mortgage free 16/06/2023! ยฃ132,500 cleared in 11 years, 3 months and 7 days
'Now is no time to think of what you do not have. Think of what you can do with what there is.' Ernest Hemingway5 -
Wow! Best I could find yesterday was 183.4! Hope for us all yet.Start mortgage date: August 2022; Start mortgage amount: ยฃ240,999; Original mortgage free date: August 2056
Current mortgage amount: ยฃ226,957.97
Start student loan 2012: ยฃ29,750; current student loan: CLEARED July 20255 -
Fantastic. I was pleased with a 7p a litre improvement for diesel yesterday.
I concur that you have to tell us your 2023 goals...Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 ยฃ202K now ยฃ171.8K Equity 36.37%
2) ยฃ2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC ยฃ27.9K + Lump Sums DB ยฃ4.6K + (25% of SIPP 1.25K) = 34/ยฃ127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
4) FI Age 60 income target ยฃ17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum ยฃ15.8/30K 52.67%)
5) SIPP ยฃ5K updated 10/10/253 -
It's only dropped 7p at Sainsbury's, which I was toying with when I went there earlier. Very glad I couldn't be bothered because it looked a bit busy! The back street garage I have never used before is now firmly on my map - and only about a mile from my house ๐
BTW, I think you're building these financial goals up to be more exciting than they are, it's only to keep saving a lot, then try saving a bit more ๐คฃ๐คฃ๐คฃ!Mortgage start: ยฃ65,495 (March 2016)
Cleared ๐งโโ๏ธ๐งโโ๏ธ๐งโโ๏ธ!!! In 5 years, 1 month andย 29 days
Total amount repaid: ยฃ72,307.03. ยฃ1.10 repaid for every ยฃ1.00 borrowed
Finally earning interest instead of paying it!!!6 -
Good grief, I was getting excited cos ours has dropped to 196.9!!!ย4
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But
I want to know the 2023 targets.....4
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