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Getting FIREd up 😀
Comments
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So, monthly review time....
Hmmm C 🤷♀️?South_coast said:Money....
* Rustle up £1000 in "extra" money by 31/12/2023 - I've decided to abandon this one. Partly because I've upped my monthly savings amount, but mostly because I want the flexibility to allocate money as it comes in, rather than fulfil some arbitrary target I have set for myself. I've really earned this money, occasionally I'd like to enjoy a bit of it! This change in strategy was definitely beneficial during November 👍
2022, the year of happiness....
* Get out and explore somewhere new once a month - Er, nope
* Try out a new recipe once a month - Yes - one I think I'll make again, too 😋
* Try to be more upbeat and positive - 50/50, I think. I don't recall being overly perky, but I'm not sure I've been maudlin either 🤔
* Try and have a couple of little trips away, one UK, one Europe - no Europe for me this year
Sundry....
* Write a will - Still no, on my Christmas to-do list though (yes, I have already started one 🤦♀️)!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 -
First of the month round-up....
(Last month's percentages in brackets)
Pensions: 76.5% (73.6%)
ISA: 3.6% (3.3%)
LISA: 23.2% (23.2%)
Cash for retirement: 0% (0%)
Cash for refurb: 12.8% (8.6%)
Another month where the pots I've paid into have gone up, which I'll take as a win!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 -
Great work!Signiture dated 23/09/2025
3-month emergency fund (Cash ISA and PBonds): £5,382/ + £1,500 = £6,882 /£7,500 (Target 1)
Stocks and shares ISA: £2,232.94
Additional pension contributions £0 (target £450pcm)
Overpayment on mortgage: 1% at a time (£1,518)
Big Renno...and appliances. Front of the house, fridge freezer, dishwasher and washing machine)2 -
I think the only place around here where petrol is that cheap is Costco with a membership, so that's pretty impressive.Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
Current mortgage amount: £226,957.97
Start student loan 2012: £29,750; current student loan: CLEARED July 20254 -
This was at Sainsbury's 🤷♀️ (two other places the same price though - yes, I am sad enough to have downloaded the Petrol Prices app - I get through 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!!!2 -
Currently Sainsbury's near us is 161.9 and it is one of the cheapest in the area.Mortgage Free November 2018
Early Retired June 20203 -
I also use Petrol Prices, although don't always go with the cheapest because sometimes its the "dodgy" local independent one that always clones your card... Our Sainsbury's was 155.4 yesterday and I was cursing myself for not needing to fill up!
Emergency Fund - £8572.39 / £10,000 :: Mortgage OP 2025 - £LISA 24/25 - £3200 / £4000 :: NSD 2025 - 2 / 150 :: Books Read: 1 / 52 :: Decluttering - 4 / 1000Engaged 9th December 2010 :: Married 29th October 2015 :: Bought a House 13th January 20172 -
Lots of positives. Glad your £ is going up againAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
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 £5K updated 10/10/251 -
I realised when I was in the shower this morning that my fixed rate on the mortgage would have expired at the end of March 2023, so I would have been looking at new deals right now if it I still had it. For those that are pursuing mortgage freedom, I can say it's almost worth it purely for having one less thing to consume your brain with 😀😀😀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!!!7 -
And of course I don't need to think about OP's any more either 🤣!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
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