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Glad you've been out and about
"Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee1 -
First things first...
I didn't get the bungalow. I'm not entirely sure why. Outbid I think. Anyway it isn't mine! I feel deflated (again!) However, I wasn't willing to pay over the odds for it, as I didn't LOVE it, but I needed it. Not quite the same thing. However I could have made it work and now don't have that option.
It is difficult to keep going forward but there is no going back, so I haver no choice, onwards I go.
I now have two houses I like very much on paper/online...the reality may be different. One of the houses is bigger than my last house but is the favourite with everyone I know IRL. My favourite has no garden, but roof terrace potential...The whole ground floor is aged proofed with a kitchen, shower room and living space. It was a warehouse so lots of light and high ceilings..
I am booked to stay over a night next week so I can take my time with the viewings. It is possible other possibilities emerge before then that I can view
In other news, I've spent time with a younger relative today so I am worn out!
MSE-wise I am sticking to my savings target. I am being quite spendy, shopping at a local charity shop. I have bought books. I have also spent on coffees out. I feel in need of a nice space to have a treat. I don't regret them. They feel like mental health coffees if there is such a thing...
Hoping everyone is ok.
Off to catch up on diaries
If you have built castles in the air, your work should not be lost; that is where they should be. Now put the foundations under them
Emergency fund 800/1000
Buffer fund 0/100
Debt Free (again) 25/0720257 -
Sorry about the bungalow.I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.3 -
It wasn't meant to be and the right one will appear, perhaps next week your heart and mind will agree which is perfect.
Glad you're getting out, making use of the CS' and coffees.Mortgage started 2020, aiming to clear 31/12/2029.3 -
Sorry to hear about the bungalow but glad there are some potentials in the running.
Books and coffees sound like good spends. It's important to have some joy in life!"Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee2 -
Sounds disappointing. Glad you have some other options.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £172.5K Equity 36.11%
2) £1.6K Net savings after CCs 14/8/25
3) Mortgage neutral by 06/30 (AVC £25.6K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.4/£127.5K target 24.6% 1/9/25
(If took bigger lump sum = 53.3K or 41.8%)
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 £4.8K updated 29/7/252 -
Sorry to hear about the bungalow dia. Your new favourite sounds interesting. Would you be happy without a garden? Are you willing to apply for planning/ building regs for potential roof terrace?Books & coffees sound good for your mental health. 😊0% credit card £1360 & 0% Car Loan £7500 ~ paid in full JAN 2020 = NOW DEBT FREE 🤗
House sale OCT 2022 = NOW MORTGAGE FREE 🤗
House purchase completed FEB 2023 🥳🍾 Left work. 🤗
Retired at 55 & now living off the equity £10k a year (until pensions start at 60 & 67).
Previous Savings diary https://forums.moneysavingexpert.com/discussion/5597938/get-a-grip/p1
Living off savings diary
https://forums.moneysavingexpert.com/discussion/6429003/escape-to-the-country-living-off-savings/p13 -
sorry to hear about the property - but I understand you can be a little relieved at the same time as disappointed,
I love mental health coffees - maybe a name for a new chain - you should trademark it
good luck with your next property viewings - as you say you are becoming an old hand at this. I heard on the news prices are rising slightly so will be giving vendors a bit of confidence to hold their nerve, so lucky you are in a better position as you may need thatI think I saw you in an ice cream parlour
Drinking milk shakes, cold and long
Smiling and waving and looking so fine3 -
I’ve seen a few property shows with roof terrace they look really interesting3
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Boo to not getting the bungalow but sounds like a couple of good potentials are on the horizon. I really hope you can secure the right property soon, it must be so frustrating for you🤞I get knocked down but I get up again (Chumbawamba, Tubthumping)3
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