£80,000 in 4 years

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  • savingholmes
    savingholmes Posts: 27,580 Forumite
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    Sounds like you are doing amazing.
    Achieve FIRE/Mortgage Neutrality by mid 2030
    1) MFW Nov 21 £201,999 with 236 payments to go - now £183,036 Equity 26.8%
    2) Spend on handyman & external building works & new patio door £12.65K
    3) CC £4.6K on 0% spends card but offset by £33.8K savings (part EF, part future home improvement)
    4) Mortgage neutral by June 2030 AVC £10.2K/£127.5K AVC target 8% value at 15/5
    5) FI Age 60 annual income target £13.7/30K 45.7%
  • try_harder
    try_harder Posts: 1,527 Forumite
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    Thank you powerspowers and savingholmes
  • try_harder
    try_harder Posts: 1,527 Forumite
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    MC .Two days of my week left and i am just about at the £80 mark .This has been very hard work this week ,i have spent many hours listing for what feels like very little reward ,still i have today and tomorrow to try and reach the one hundred mark but still an awful long way to go to the two hundred but im not going to give up ,ten pounds today and ten pounds tomorrow must be achievable 
  • try_harder
    try_harder Posts: 1,527 Forumite
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    Last day of the week and yesterday turned out to be very successful .I had a sale on Ebax which pushed my total up to almost £140 so i am really pleased that i passed the one hundred pound mark ,dare i hope for something similar today , quite a big ask to find sixty pounds in one day but im going to give it a go ,this week has definitely felt like hard work but i realy want to reach that £200 which will mean i have saved £1400 in seven weeks

  • savingholmes
    savingholmes Posts: 27,580 Forumite
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    Sounds awesome
    Achieve FIRE/Mortgage Neutrality by mid 2030
    1) MFW Nov 21 £201,999 with 236 payments to go - now £183,036 Equity 26.8%
    2) Spend on handyman & external building works & new patio door £12.65K
    3) CC £4.6K on 0% spends card but offset by £33.8K savings (part EF, part future home improvement)
    4) Mortgage neutral by June 2030 AVC £10.2K/£127.5K AVC target 8% value at 15/5
    5) FI Age 60 annual income target £13.7/30K 45.7%
  • try_harder
    try_harder Posts: 1,527 Forumite
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    Thank you savingholmes
  • try_harder
    try_harder Posts: 1,527 Forumite
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    Week 7 ..Mort O/P £400 was paid in this week making a total this year of £2800 

    Food budget was kept to this week 

    MC .I added this up wrong last time i calculated and didnt make as much as i thought i had ,so just under £120 this week ..Total in 7 weeks £1329 ,half of which has gone in to my ISA  .This week has been the hardest so far and i have given a lot of hours to decluttering boxes and listing and i definitely worked hard for the money but overall the hard work is paying off 
  • try_harder
    try_harder Posts: 1,527 Forumite
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    Week 8 .£100 mortgage overpayment made..I am going to put £300 in a week from now on as i am finding £400 a stretch and see how things go ,i might not need all of the remaining £100 so i may overpay some lump sums at random times to make up for the shortfall
  • savingholmes
    savingholmes Posts: 27,580 Forumite
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    Sounds like a plan. You are doing so well
    Achieve FIRE/Mortgage Neutrality by mid 2030
    1) MFW Nov 21 £201,999 with 236 payments to go - now £183,036 Equity 26.8%
    2) Spend on handyman & external building works & new patio door £12.65K
    3) CC £4.6K on 0% spends card but offset by £33.8K savings (part EF, part future home improvement)
    4) Mortgage neutral by June 2030 AVC £10.2K/£127.5K AVC target 8% value at 15/5
    5) FI Age 60 annual income target £13.7/30K 45.7%
  • try_harder
    try_harder Posts: 1,527 Forumite
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    Thank you for your support savingholmes
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