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Five Year Fix, Five Year Plan
Comments
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Had a lovely day out with friends, much needed.
@KajiKita - four days, which hopefully should allow me to explore a bit! Will watch out for the anthills 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 20254 -
Glad you had a nice day out 😊Merlin's_Beard said:Had a lovely day out with friends, much needed.
@KajiKita - four days, which hopefully should allow me to explore a bit! Will watch out for the anthills though!
It would be worth doing a bit of research into what you want to see and planning your spare days, if just loosely. I missed some things I would have loved to have seen (ancient archaeology) but it is so busy there your brain gets a bit swamped once you arrive 😊
KKAs at 15.09.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £230,969
- OPs to mortgage = £12,345 Estd. interest saved = £5,863 to date
Fixed rate 3.85% ends October 2030
Read 56 books of target 52 in 2025, as @ 4th October
Produce tracker: £417 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.4 -
Trust me I am DEFINITELY a planner (and a maker of itineraries and all the rest)KajiKita said:
Glad you had a nice day out 😊Merlin's_Beard said:Had a lovely day out with friends, much needed.
@KajiKita - four days, which hopefully should allow me to explore a bit! Will watch out for the anthills though!
It would be worth doing a bit of research into what you want to see and planning your spare days, if just loosely. I missed some things I would have loved to have seen (ancient archaeology) but it is so busy there your brain gets a bit swamped once you arrive 😊
KKStart 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 -
You and Mr KK are soul twins!! 😂😂😂😉Merlin's_Beard said:
Trust me I am DEFINITELY a planner (and a maker of itineraries and all the rest)KajiKita said:
Glad you had a nice day out 😊Merlin's_Beard said:Had a lovely day out with friends, much needed.
@KajiKita - four days, which hopefully should allow me to explore a bit! Will watch out for the anthills though!
It would be worth doing a bit of research into what you want to see and planning your spare days, if just loosely. I missed some things I would have loved to have seen (ancient archaeology) but it is so busy there your brain gets a bit swamped once you arrive 😊
KK
KKAs at 15.09.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £230,969
- OPs to mortgage = £12,345 Estd. interest saved = £5,863 to date
Fixed rate 3.85% ends October 2030
Read 56 books of target 52 in 2025, as @ 4th October
Produce tracker: £417 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 -
Long time, no update!
In fairness because it feels like not much has happened? Especially financially. Everything is staying pretty steady.
I had a weekend in London at Comic Con and I'm still recovering from it (had an amazing time, but socially VERY exhausting, despite the lack of masking and being among fellow nerds, especially as I was sharing a room and had literally no downtime at all)
I had the week off before (in part to prepare for the excessive amounts of socialising), and spent it very quietly. Have spent a lot of money on plants - some veg, some perennials. Most of these have been delivered now and are in the ground. All out of the budgeted garden fund though! Shed and seating are taking a back seat, as are bird table and bird bath, but at the minute I just want to get some plants in the ground and get it looking like a garden.
Money-wise not planning to do much until after I get back from Malta. Still need to book a hotel for the night before at Gatwick along with parking, and look at itineraries. That's next on the list now this weekend is out of the way.
House stuff will have to wait until autumn!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 -
Sounds like you had a lovely time.
Garden plants give so much joy...Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
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 £5K updated 10/10/252 -
I find house stuff waits until autumn too …. 😉
Steady as she goes is good, especially after a move. When it gets ‘boring’ is how and when you find the energy for additional work, decluttering, organising, doing etc., I find 😊
KKAs at 15.09.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £230,969
- OPs to mortgage = £12,345 Estd. interest saved = £5,863 to date
Fixed rate 3.85% ends October 2030
Read 56 books of target 52 in 2025, as @ 4th October
Produce tracker: £417 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.3 -
A friend was at comic con this weekend - she showed me some great pics! I wonder if you crossed paths !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#latest3 -
Hey Merlin, hope all's well with you xMortgage 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!!!2 -
Oooh, well done @South_coast, I was wondering last night how MB was doing ….?
Did you enjoy Malta and how was your summer in the garden?
KKAs at 15.09.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £230,969
- OPs to mortgage = £12,345 Estd. interest saved = £5,863 to date
Fixed rate 3.85% ends October 2030
Read 56 books of target 52 in 2025, as @ 4th October
Produce tracker: £417 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.3
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