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So close, we can smell mortgage freedom!

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Comments

  • Great news on points 
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £169.8K Equity 37.1%
    2) £1.3K Net savings after CCs 16/1/26 (but owed £1.1K) so £2.4K
    3) Mortgage neutral by 06/30 (AVC £34.8K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 40.6/£127.5K target 31.8% 16/11/25
    (If took bigger lump sum = 62.7K or 49.2%)
    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 £5.2K updated 16/1/26
  • QueenJess
    QueenJess Posts: 4,693 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    edited 23 September 2022 at 1:41AM
    themadvix said:
    Morning all,

    Thanks SH!

    Feeling much better today, thankfully! Just received supermarket delivery with my organic September stock up - about £20 saved on things I'd normally buy (won't need to buy weetabix* or passata for a while!).

    *Organic Weetabix might sound unnecessary, and I'd agree, but we once made the mistake of trying them and the consistency is entirely different to normal ones (so much firmer and nicer), which made it impossible to go back - Mr MV runs on Weetabix (and has done all his life), so stocking up when they're on offer once a year is the best way to MSE them!
    Thanks for the tip on the weetabix! DD loves them and DH has 6 (yes you read that right, it is not a typo! - he did cut down from 8 though 😂 ) every morning. We buy the biggest boxes we can, but never tried organic. I must make sure never to make that mistake as he’ll bankrupt me! 😂

    I can't do Airtime Rewards, they don't support Sky Mobile 😥

    Thanks for the cat bum story, read it just as I was eating my lunch 🤣!
    Hmm that’s interesting. So I was a very early adopter of Airtime rewards and they decided years ago that they don’t support my phone either anymore. But I still get points and when I get to £20 they just pay me the cash direct into my bank account. I assumed this was the same for everyone? I cashed out this year as well. Might be worth looking into again? If not, then I shall stay quiet and pick up my cash!
    2026 decluttering: 351 🤑🥉 ⭐️🥈🥇 ⭐️ ⭐️
    2026 use up challenge: 118🥉 ⭐️🥈🥇 ⭐️ ⭐️
    2026 decluttering goals I Use up Challenge: 🥉52 🥈100 🥇250 💎365 🏆1,000 I 🥉25 🥈50 🥇100 💎150 🏆300
  • QueenJess said:
    Hmm that’s interesting. So I was a very early adopter of Airtime rewards and they decided years ago that they don’t support my phone either anymore. But I still get points and when I get to £20 they just pay me the cash direct into my bank account. I assumed this was the same for everyone? I cashed out this year as well. Might be worth looking into again? If not, then I shall stay quiet and pick up my cash!
    Ooh, thanks. Maybe I'll give them another try!
    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
  • themadvix
    themadvix Posts: 9,435 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    Oh that’s even better then QJ re Airtime Rewards!

     Your DS sounds like Mr MV when he was like - 6-8 Weetabix daily at the same age, and the school nurse didn’t believe him because he was so skinny - she seriously thought he was being underfed! With the organic ones, we’ve come to a compromise of a max of 4, with granola to alternate with - makes it a bit cheaper.
    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


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