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Getting FIREd up 😀

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  • themadvix
    themadvix Posts: 8,786 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    You could try rewriting in past tense, that’s supposed to help! ‘In 2022 I have been to 12 new places….’, etc.
    Mortgage free 16/06/2023! £132,500 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 Hemingway


  • South_coast
    South_coast Posts: 5,896 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    Ooh, I could definitely do that at the end of the year 🤔! Good thinking!

    In the meantime,  I have transferred my first £1.22 into the new "extras" account 😀 It'll be taken out again before the end of the month, as I know I'm due to spend more than I've got, but it felt good in the moment!
    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!!!
  • themadvix
    themadvix Posts: 8,786 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    No, the idea is you write it like that before you have done it I think! It makes you do it supposedly (I have not tried this though!)
    Mortgage free 16/06/2023! £132,500 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 Hemingway


  • South_coast
    South_coast Posts: 5,896 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    Hmmm, not sure about that. Sounds a bit wooooo for me....🤣!
    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!!!
  • themadvix
    themadvix Posts: 8,786 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    I did say I’d never done it! 😂😂
    Mortgage free 16/06/2023! £132,500 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 Hemingway


  • savingholmes
    savingholmes Posts: 28,974 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    T Robbins swears by it - as do the secret type books.

    I definitely believe it is good to speak words of life over yourself. So I'm getting better at managing money every day. Or money is increasingly coming to me from lots of different sources or I am keeping more of what I earn and growing my wealth. They are true statements now and could be a good starting point. Apply similar statements to other life goals.

    I have a million pounds 'note' on my fridge as a symbol of my financial goals. A long way off but with pensions and house equity may be achievable.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £1.6K Net savings after CCs 14/8/25
    3) Mortgage neutral by 06/30 (AVC £25.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.1/£127.5K target 24.4% 15/8/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • South_coast
    South_coast Posts: 5,896 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    Whoah, that is definitely all too wooooo for me 😳😳😳!!!
    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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