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Getting FIREd up 😀
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Whoops, didn't quite make it back yesterday 😳!
Right, monthly round-up time....
Hmmm, B- 🤔?South_coast said:Money....
* Rustle up £1000 in "extra" money by 31/12/2023 - £138.08. Not much has gone into this this month, as I've been diverting free money towards paying off my seaside trip (it was only £81, so it hardly seemed worth paying for it out of the holiday budget)
2022, the year of happiness....
* Get out and explore somewhere new once a month - Nope, not managed this
* Try out a new recipe once a month - Yes, two new dishes this month. I'm not posting pics, as they look less palatable than ever 🤣!
* Try to be more upbeat and positive - Not too bad, I guess. Need to work on not reacting instantly when I see something annoying
* Try and have a couple of little trips away, one UK, one Europe - UK trip taken, can't see me managing Europe this year now
Sundry....
* Write a will - Well I've thought a lot about it, but not actually written anything yet 🙄 I will get this done before the end of the year!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!!!5 -
First of the month round-up....
(Last month's percentages in brackets)
Pensions: 73.6% (73.1%)
ISA: 3.3% (3.0%)
LISA: 23.2% (23.2%)
Cash for retirement: 0% (0%)
Cash for refurb: 8.6% (5.8%)
Well, at least the things I've paid into have actually gone up this 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!!!3 -
Good progress SC 🙂Starting Mortgage Balance (June 2019) £72,000. Mortgage Free November 2025!3
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Thank you 😀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 -
Great progress. I feel you on the pensions side of things... It's that dilemma isn't it of you never know when the market will hit bottom and start rising again - so you have to keep feeding £ in and hope you are buying when it's all on sale!Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £169.8K Equity 37.1%
2) £1.5K Net savings after CCs 11/2/26 (but owed £1.4K) so £2.9K
3) Mortgage neutral by 06/30 (AVC £34.8K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 40.6/£127.5K target 31.8% 16/11/25
(If took bigger lump sum = 62.7K or 49.2%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
5) SIPP £5.2K updated 16/1/263 -
Oh, I forgot to report the latest surreal instalment with my electricity bills. I had an email the other day to say that because the unit price on the fix I signed up to as a hedge back in the summer is higher than the new Govt price guarantee, they're dropping my price to match it. So I'll be building up a larger credit every month now, despite still not paying anythingMortgage 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 -
I'm sure you'll appreciate that credit balance in the future SC! In a highly optimistic future, bills drop back to historic norms, state assistance is removed, you adjust your DD accordingly and coast along on the built up credit for a while. In a more likely future, bills remain eye-wateringly high, state assistance is removed, you manage with a normal DD for a few months by eating into the credit balance...4
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Thanks SSS, it just feels bonkers that bills are the highest they've ever been and I'm building up a credit balance every 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!!!3 -
In other news, Christmas adverts already 🙁🙁🙁???
#keepChristmasinDecemberMortgage 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!!!5 -
Our local garden centre had all the Xmas decorations out in September. It’s ridiculous.
I thought the unwritten rule was always that you can’t get any Xmas stuff out until after fireworks night when I was a child.2026 decluttering: 469 🤑🥉 ⭐️🥈🥇 ⭐️ ⭐️💎 ⭐️ ⭐️
2026 use up challenge: 158🥉 ⭐️🥈🥇 ⭐️ ⭐️💎 ⭐️
2026 decluttering goals I Use up Challenge: 🥉52 🥈100 🥇250 💎365 🏆1,000 I 🥉25 🥈50 🥇100 💎150 🏆3003
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