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In the Meantime
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Thanks everyone
The plan is taking shape. It isn't very MSE on the face of it, but hoping to offset by very low living costs for a few months. I will also use interest from savings. Hoping house prices may have stabilised a little when I return to further offset the cost... Who knows. What I do know is the thought of it has lifted my energy and given me a new focus.
It feels like an investment in my mental health.
Decided...- The jobs I apply for will be remote, so I can keep applying. The country I hope to go to had the 'work from here' scheme during lockdown so has good internet connection
- Going to pay for C1fas cover for anti-fraud issues as my post recently went astray and I'd feel better having it if I was away for a bit TODAY
- Checked passport and a few years to run so all good
- Checked flights. Pricey but doable
- Check with a relative that I can use the apartment (@Humdinger1 I will have space to myself but very near a close relative so I can have meals there sometimes if I want)
- Place is remote so need to check out helicopters costs from the main landing airport TODAY
- Check savings boards for better interest TODAY
- Check entry requirements
I also have a deadline for creative stuff. I have a few weeks but want to complete by the end of next week.
Drawing up a workplace/appointments for the next 2 weeks TODAY.
Hope you are all ok.
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) 25/0720254 -
All sounds really exciting DIA. Having your own space again sounds a real plus.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £172.5K Equity 36.11%
2) £1.8K Net savings after CCs 13/9/25
3) Mortgage neutral by 06/30 (AVC £26.8K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 32.6/£127.5K target 25.6% 13/9/25
(If took bigger lump sum = 54.5K or 42.7%)
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 13/9/252 -
I hope you have a lovely break to relax and reset. House searching is exhausting.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 -
Break sounds amazing just what is needed3
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Sounds even more exciting and refreshing the more you tell us about it!Mortgage started 2020, aiming to clear 31/12/2029.3
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The opportunity to have some time abroad sounds fantastic, and nice to get a break from everything here.
Good luck with the job application, well done for getting it done!"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 -
All coming together 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 -
savingholmes said:All sounds really exciting DIA. Having your own space again sounds a real plus.Skint_yet_Again said:I hope you have a lovely break to relax and reset. House searching is exhausting.WelshmansDaughter said:Break sounds amazing just what is neededMovingForwards said:Sounds even more exciting and refreshing the more you tell us about it!
Thank you for the positive vibesbeanielou said:All coming together
Thank you @jwil. Really pleased I got the job application in!jwil said:The opportunity to have some time abroad sounds fantastic, and nice to get a break from everything here.
Good luck with the job application, well done for getting it done!
So I can cross the following off my list as my relative says the apartment is free- Check with a relative that I can use the apartment (@Humdinger1 I will have space to myself but very near a close relative so I can have meals there sometimes if I want)
- Check savings boards for better interest TODAY
I checked entry requirements and all is fine. (Before Covid they more or less sealed borders to visitors)- Check entry requirements
- Place is remote so need to check out helicopters costs from the main landing airport TODAY
*********************
Today I spoke to close relative and another relative. They know I will be coming and they know why. They are sorry I lost the house.
I can't quite believe I am going to do this!
Today I spent £20 on food. Posh coffee was reduced from £5 to £1.25 as they were clearing the space. Date April 2023. Bought 4, so a nice contribution to the house for my host.
Hope everyone is ok.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) 25/0720254 -
Sounds organises. Bargain on the coffee.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £172.5K Equity 36.11%
2) £1.8K Net savings after CCs 13/9/25
3) Mortgage neutral by 06/30 (AVC £26.8K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 32.6/£127.5K target 25.6% 13/9/25
(If took bigger lump sum = 54.5K or 42.7%)
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 13/9/252 -
Well done getting the application in and covering so many queries relating to the winter move.
Enjoy the coffee 😊Mortgage started 2020, aiming to clear 31/12/2029.3
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