10 years to clear £334K - our FIRE journey

savingholmes

All sounding good. I don't think compressed hours would work for me - reduced hours longer term would be great though.

CCW007

Mortgage - £295,064
Reduction of £1,242

Aiming to be in the £280s in April.

KajiKita

Going great guns as ever 😊🤩👏
The diaries here, including yours, are inspiring me to work out a projection of how much we will have paid off by standard payments next year and what kind of OP target I could set myself … 😊

KK

CCW007

Glad my ramblings are useful! We are very lucky with our interest rate so actually OPs don't make much sense hence why I only OP free money. 

The ultimate goal is mortgage neutral as savings will pay greater returns right now.  We are also considering what we might be able to do with a TFLS from pensions if needed as we should be able to access them at the same time as our fixed rate ends.  Good to have options.

Good free money day today, £9 in from Ziffit (as was) and £13 from PA. OP was more than the daily interest ☺️

KajiKita

An OP of more than daily interest is good news 👏😊

KK

CCW007

Today I need to wrangle the car and house insurance before it auto renews tomorrow.  Same thing every year, I get comparison quotes, spend an hour on the phone and get a much reduced rate for the same cover, which is usually less than the comparison quotes. 

We have a multi policy so not keen to switch but it's a pain having to do the same thing every year, just wish they would give the best rates at the start and save everyone the bother!

Otherwise it's stay home and stay safe.

CCW007

Insurance was painful but have moved home insurance and fiddled with car insurance in three cars and saved over £400 so worth the time invested.

Could have saved a bit more by moving car insurance but I know our car insurers are good when you have a claim and it's good to have the three cars covered under the same policy, plus savings would have meant excess almost doubled so happy to pay a bit more.

KajiKita

The annual insurance wrangle is one of my least favourite tasks … well done on beating into submission 😉😊

KK

CCW007

Have a small pumpkin to use up and a masala herb pack so thinking of making some kind of curry, with chickpeas maybe?

Also got a pack of brie which needs using up and a couple of cauliflowers which are past their best so they will make soup for lunches.

Main job of the day will be flea/worm the cats which is always fun 🙄

In financial admin I moved our credit card statement date as it always fell that payment was due on OHs pay day and I was always having to shuffle money out of savings to pay the CC before he transferred his share into the joint account. So CC is now generated later and due on 1st of the month when we have both been paid and have had time to transfer money in.  However it means almost an extra week of spending in this month's statement so it's higher than I'd hoped.

KajiKita

Loving the use ups 😊

< passes over the antiseptic cream, ready for the cat scratches > 😉

KK