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£80,000 in 4 years

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  • Martas
    Martas Posts: 36 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker

    its easier of course as i dont work so i have a lot of time to list ,buy ,sell ,shop do surveys etc 
    My DH always says that I earn more than him- he goes out to work but I work at home holding the purse string tight and making sure it's not spent on unnecessary c***  :D 
    We took £83795 mortgage in June 2018
    Left to pay on mortgage: £51821.20
    Original end date: June 2037
    Now: September 2033
    Target: pay off by December 2025
    Mortgage Free Wannabe 2022 #90 £13000/£11000
    Mortgage Free Wannabe 2023 #42 £999/£13000 no overpayments until 20.06.2023 when my overpayment allowance renews
    MFi3-T6 #42 January 2022 £70915, to reduce mortgage to £17000 by January 2025
    Love people and use things because the opposite never works
  • savingholmes
    savingholmes Posts: 28,953 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    £4K is a fabulous achievement. Well done you!
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £3K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £22.5K + Lump Sums DB £4.6K + (25% of SIPP 1.1K) = 28.2/£127.5K target 22;12% updated 6/7
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.6K updated 6/7/25
  • try_harder
    try_harder Posts: 1,532 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Thank you Martas ..That is very true now but not over the course of maybe 20-25 years whist the children were growing up ,still ,i enjoyed those years immensely and very lucky that i could !!

    Thank you savingholmes ,i am feeling very pleased with myself 

    I now have £115.16 in my MC pot . I am hoping to add to this today after ive done the last shop of the week for today and tomorrow ,i am hoping i will have at least 15-20 pounds left over ,we shall see but only today and tomorrow left to reach that £175 goal
  • try_harder
    try_harder Posts: 1,532 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Week 11 has finished and i finished the week with the following numbers 
    Mort OP made at the start of the week of £300 making a total of £4000 
    MC this week was a brilliant £205.99 making a total of £1964.61 in to our Isas...I worked really hard again this week and sold two lots of my own personal jewellery which really helped plus my husband cycled due to the good weather and saved on diesel plus we had quite a bit of our food budget left over due to using up bits and bobs and Olio..Very happy with this weeks numbers 
  • themadvix
    themadvix Posts: 8,696 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    That is a fab result for this week TH! Well done!
    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: 28,953 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Fantastic result. It must be so encouraging to be achieving your goals.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £3K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £22.5K + Lump Sums DB £4.6K + (25% of SIPP 1.1K) = 28.2/£127.5K target 22;12% updated 6/7
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.6K updated 6/7/25
  • try_harder
    try_harder Posts: 1,532 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Thank you themadvix and savingholmes ..

    Nothing to report yet this week but im hoping that i can continue in the same vein as last week ,cycling to work while the weather is great and saving on food by making sure we have no waste and eat everything .And if i think we cant eat it then freeze it ! Thats my husband cycling to work not me ,poor man he will be exhausted at this rate .Oh well only six or seven years left until he retires 
    Just over a week until i start my new job . i have to think where i shall put this extra money ,i may just put it in to PBs ,i shall see .I have someone coming today to look at some things we have to sell so i am hoping for a good evening for the MC 
  • try_harder
    try_harder Posts: 1,532 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    I had a good weekend in respect of the MC ,i have passed the £250 mark with almost four days left this week so next target is now £300.

    Food budget is still well under control ,i have only spent just over £18 this week and will go shopping today hopefully for the last time this week .We have lovely bread for lunch today from Markx and Spenxers from Olio ,absolutely delicious
  • themadvix
    themadvix Posts: 8,696 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    Wow, that is great going on the MC!

    And M&S on Olio? Very nice! :smile:
    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


  • try_harder
    try_harder Posts: 1,532 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Ah thank you themadvix ,i will soon be a millionaire hey !!!!..

    Yes beautiful food and several sourdough ,soda and rye breads and a massive bunch of tulips a real treat 
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