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Five Year Fix, Five Year Plan
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redofromstart said:I'd start ringfencing the savings at the car savings fund till it does get to 'beyond economical repair' stage, we have had a few from the easily accessible place near the airport without problems but I've always had the funds and traded in rather than finance and private sale.
You've stumped me with the easily accessible place near the airport though.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 20253 -
Cryptic crossword time.My mortgage free diary: https://forums.moneysavingexpert.com/discussion/6498069/whoops-here-comes-the-cheese
GNU Mr Redo3 -
Motorway 🤔?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!!!4 -
Finished for Christmas now! I do have to say, I've worked a 44 hour week this week and I'll work a 30 hour week next week with the BHs catching my day off and my short day, so I'm not really feeling like it's any time off at all. Better luck next year, I guess! This is where I look at everyone with an office based job and regret my life decisions.
Last two working days have followed the time honoured ritual of being either dead or crazy (this year, crazy) so I'm looking forward to a day tomorrow of no obligations before the family stuff sets in, and I'm getting all my jobs done today to make sure it happens.
Also because if I sit down I'm never getting up.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 202511 -
This was always the time of year I regretted my career choice- when freinds excitedly talked about what they were going to do when the office closed for 2 weeks. I worked on call for many years at Christmas so I could have New Year to go home. I was so excited the first year I got Christmas and Boxing day off!Mr F is going to be the most senior body in his office job between xmas and new year and all his collegues are so grateful that he's 'giving up Christmas' to work for them. They have bank holidays off, I'll be working, he works from home and the odds of there being more than one or two calls is very low...it really is a different world.Hope you have a lovely break MB and enjoy the family time.MFW 2024 £27500/7500 Mortgage £129,500 Jan 22 Final payment June 38 Now £68489.08 FP May 36 Emergency Fund £20,000 100% Added to ISA 24 £8,060 Save 12k in 24 #31 £20,034.76/20,000 Debt Free 31.07.146
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I saw a neighbour of mine last night at the traditional other neighbours’ Christmas Eve ‘do’. She works for the local council and is working Wednesday and Thursday next week, one day in the office and one day from home. As she says though, with finishing a day earlier than everyone else (how her rota landed), it being very quiet during that period and a good long weekend afterwards she doesn’t feel short changed for a break and gets two days back for when she wants them to go away 😊
Wouldn’t work for me (I really need the downtime at this time of year), but I am happy for her.
KKAs 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: £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.5 -
FlacosFloozie said:This was always the time of year I regretted my career choice- when freinds excitedly talked about what they were going to do when the office closed for 2 weeks. I worked on call for many years at Christmas so I could have New Year to go home. I was so excited the first year I got Christmas and Boxing day off!Mr F is going to be the most senior body in his office job between xmas and new year and all his collegues are so grateful that he's 'giving up Christmas' to work for them. They have bank holidays off, I'll be working, he works from home and the odds of there being more than one or two calls is very low...it really is a different world.Hope you have a lovely break MB and enjoy the family time.
Happy Christmas to all those who celebrate, and a peaceful time off to those who don't!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 20257 -
Merry Christmas MB 🎄🤶🎅 - Wishing you a very festive season!
4 YEARS 10 MONTHS DEBT FREE!!! (24 OCT 2016)(With heartfelt thanks to those who have gone before us & their indubitable generosity.)...and now I have a mortgage! (23 AUG 2021)New projection - 14 YEARS 10 MONTHS LEFT OF 20 YEARS (reduced by 15 mths)Psst...I may have started a diary!3 -
Hope you had a nice Christmas MB and yes, I'm on morning and late evening consults tomorrow- bracing for the madness. I'll be thinking of you too.
MFW 2024 £27500/7500 Mortgage £129,500 Jan 22 Final payment June 38 Now £68489.08 FP May 36 Emergency Fund £20,000 100% Added to ISA 24 £8,060 Save 12k in 24 #31 £20,034.76/20,000 Debt Free 31.07.145 -
Sorry you're not getting much of a break. Hope the time off that you do have helps.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 29/7/253
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