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Five Year Fix, Five Year Plan

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  • KajiKita
    KajiKita Posts: 7,685 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    I’m doing similar with the refilling of YNAB pots after unexpected dental treatment and car repairs. The want is to fill them up immediately, but it’s actually not realistic and tbh, if the poop hit the whirly thing, I have enough in overall savings to be able to cover most things (I think! 🤞😉)

    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 40 books of target 52 in 2025, as @ 29th July
    Produce tracker: £243 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. 
  • South_coast
    South_coast Posts: 5,877 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    RingGo is your friend - I've not used cash to pay for parking for years 👍
    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!!!
  • Hair appointment done this week - very annoyed about the parking, the meter wasn't accepting my money and by the time I'd found one that did work it had slipped over into the next hour and was more expensive. Only a pound but still!


    So MSE! i love it ;)
    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
  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Good luck with your dishwasher purchase. I wouldn't want to be without one now.
    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
  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks Merlin - you've made me realise there probably isn't a dishwasher where I'm going - so definitely a priority to resolve. I have one I can take with me - but would need help getting it plumbed in and such. Not sure there's an allocated space either and I lack the skills to resolve it. Kitchen refit rising up the priority list!
    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
  • I would say that (like a washing machine) you won't use most of the functions. I have had top and bottom budget ones over the years, but would re-buy an entry level Miele for choice. It never sprayed gunk onto the dishes (like the bosh and indash*t) and I only replaced it with an expensive Miele one because the plastic door handle perished mid lockdown and I couldn't get an entry level Miele again. The expensive one is going strong but I only ever use the 65 degree/50 minute programme. Check your plates fit - my bigger ones catch due to the top cutlery rack which the old ones didn't have. 
    This is all really helpful and I'd never even thought that plates might not fit! I think most of the ones I'm looking at have adjustable racks though. The cheapest Mieles I can see at the minute are mid range price though - not sure if that's because they're a Miele and you pay more, or entry level Mieles just aren't a thing any more. I'm definitely not looking at the super expensive ones, but the mid range-y priced ones seem to have better efficiency.
    Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
    Current mortgage amount: £226,957.97
    Start student loan 2012: £29,750; current student loan: CLEARED July 2025
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