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Our Journey of Mortgage Free and Simple Living
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Phew 😅! I love my lists, I've been known to forget something when I only went in for 5 things and didn't have a list with me!
It's a diary on here: https://forums.moneysavingexpert.com/discussion/5196903/hope-is-not-an-effective-financial-strategy/p1 It's one of the longer-running ones, but it's a bit quiet at the momentMortgage 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 -
Thank you for the link. Will check it out😃Family of 3 on the journey of Mortgage Free2
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Good luck on your journey.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.3K Equity 36.55%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £30.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 35.5/£127.5K target 27.8% 14/11/25
(If took bigger lump sum = 62K or 48.6%)
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 £5.1K updated 14/11/251 -
Grocery spending in June so far £77.88/£370
Had a trip to Sainsbury's on Saturday and spent £61.46. Also popped into Home Bargains and spent £3.37. I'll challenge myself not to go shopping until the following Saturday. We've also got some frozen meat and veg and 'ready meals' from batch cooking.What I bought from Sainsbury's:Egg x 10 £1.30Canned Peach Slices x 8 £2.48Flushable Toilet Wipes x 8 Pack £5.50Mint x 3 Pack £3.48Easy Peel 600g x 2 £0.80Spring Onion Bunch £0.45Blackberries 225g x 2 £1.00Celery 450g £0.47Carrots 1kg £0.43Courgette 500g £1.25Cherry Tomatoes 330g x 2 £1.80Banana x 5 £0.71Mango x 2 £1.30Pork Belly Slices 500g x 2 £5.90Unsmoked Gammon Joint £3.52Tapas Selection £2.25Baking Potato x 4 £0.42Seafood Stick 250g £0.80Peanut Butter 1kg x £4.32Child's Shampoo x 2 £6.00Instant Coffee £3.00Honeydew Melon £1.39Seeded Bread 800g x 2 £3.70Yogurt 350g x 2 £5.50Apple x 6 x 2 pack £3.20Cucumber £0.49Home BargainsChestnuts x 2 pack £2.38Dust Pan & Brush £0.99Family of 3 on the journey of Mortgage Free1 -
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Order some Lakeland Stayfresh storage bags online (£6.99 for 20). Read about the recommendations on the forum, so decided to give it a go. I'm hoping if I have better solutions for storing food, I can go to the supermarkets less often.
Grocery spending in June so far £84.87/£370
Family of 3 on the journey of Mortgage Free1 -
Sold something on eBay, will get £37.66 after the selling fees and postage.
In the past three years, I sold many clothes I had before I was pregnant. Some still with tags on. I'm doing it less because it takes time to photograph and describe them, and I don't enjoy that. Most people are nice and leave kind comments, but once in a while, things could go wrong, and that gives me a headache.But selling those clothes and other items brings several positive things into my life:
1. Releasing space in my home and spending less time taking care of things I don't need (inspired by minimalism).2. Getting some cash from things that I'm not using.
3. Buying less. As I know I can only get a fourth or a third of what I paid for.
4. Most importantly, letting go of the fantasy self. My body has changed and it's OK. There is no need to hold on to those nice clothes just in case I could wear that size again.Family of 3 on the journey of Mortgage Free3 -
DH popped in to Aldi yesterday, stocked up on some soya milk and cleaning products.
Grocery spending in June so far £91.05/£370Family of 3 on the journey of Mortgage Free1 -
You are doing well on sales and groceriesAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.3K Equity 36.55%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £30.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 35.5/£127.5K target 27.8% 14/11/25
(If took bigger lump sum = 62K or 48.6%)
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 £5.1K updated 14/11/251 -
DS went jogging with DH at half six this morning. DS was grumpy when he discovered his Dad had been doing it for a long time and never ‘invited’ him. We came to an agreement that he could try this out on weekends to avoid over-tiredness on school days. Luckily they went early in the morning when it was still dry. When they were back, DH made potato pancakes for breakfast. Afterwards, we went to the library to return the audiobook CDs and borrow some new ones. Our local library has a stock of Roald Dahl books read by Dahl himself and the Paddington series read by Stephen Fry. DS enjoys them on his car journeys.
Had some leftover homemade pizza from yesterday for lunch. In the afternoon, the boys went swimming while I did the shoppings. I think they spent about £3-£4 as DH has a membership. Then we watched some episodes of Fireman Sam on Amazon Prime with some popcorn.Grocery spending in June so far £153.92/ £370Family of 3 on the journey of Mortgage Free1
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