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Mortgage free in Forever Home :-)

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  • beanielou
    beanielou Posts: 95,599 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    I have two beautiful very fine crystal champagne saucers I got in 1982. Only 2 left of the six but they are so beautiful. 
    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.
  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi KK Sorry you are feeling up and down. You are not alone - and you are valuable regardless of whether you are currently in paid employment.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £2.6K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • KajiKita
    KajiKita Posts: 7,708 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    Hi KK Sorry you are feeling up and down. You are not alone - and you are valuable regardless of whether you are currently in paid employment.
    Thank you so much x ❤️

    KK
    As at 15.07.25:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
    - OPs to mortgage = £11,816 Interest saved £5,28 to date
    Fixed rate 3.85% ends January 2030

    Read 41 books of target 52 in 2025, as @ 9th August
    Produce tracker: £272 of £300 in 2025

    Watch your thoughts, they become your words.
    Watch your words, they become your actions. 
    Watch your actions, they become your reality. 
  • The whisky glasses scene has warmed my cockles too 😊 Well done you, and for having a rest day albeit a productive one- right back atcha from my diary with get you, cleaning the loo and bathroom before the weekend! 😁
  • We don't need to redo the kitchen, but we do need to find something sensible to do with plastic tubs - they're in a corner cupboard with a rounded door and they just spring out in a giant jack in the box style booby trap 😂
    Sounds like we are sharing the same cupboard...

    Well done on the Mr KK gift giving ;)
    Glad you feeling better.
    DON'T BUY STUFF (from Frugalwoods)
    No seriously, just don’t buy things. 99% of our success with our savings rate is attributed to the fact that we don’t buy things... You can and should take advantage of discounts.... But at the end of the day, the only way to truly save money is to not buy stuff.    Money doesn’t walk out of your wallet on its own accord.
    https://forums.moneysavingexpert.com/discussion/6289577/future-proofing-my-life-deposit-saving-then-mfw-journey-in-under-13-years#latest
  • Humdinger1
    Humdinger1 Posts: 2,296 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    @KajiKita you are indeed valuable whether currently in a paid role or not; @savingholmes is as ever right.  The whole process is taking longer than ever before; I'm hearing this across the piece: new graduates to those well established.   You're doing brilliantly and making good use of a bonus period when you can sort things out.   Love Humdinger xx 
  • An imaginary mr KK quite boggles the mind
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