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Final push .£50,000 in two years .Can i do it ?

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1246710

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  • try_harder
    try_harder Posts: 1,527 Forumite
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    Week 8 ..

    A little late but here are last weeks numbers 
    £500 saved into PBs ..Total £4000
    £137.03 saved extra from selling etc .This money is going in to PBs too 

    I had a really good week food shop wise .I got lots of bits from Olio so only spent just under £30 over the whole week which was brilliant
  • savingholmes
    savingholmes Posts: 27,697 Forumite
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    Well done on keeping food costs down and for selling. Great totals for PBs.
    Achieve FIRE/Mortgage Neutrality by mid 2030
    1) MFW Nov 21 £201,999 with 235 payments to go - now £182,428 Equity 27.02%
    2) Spend on handyman & external building works & new patio door £13.45K
    3) CC £7.4K on 0% spends card but offset by £34.25K savings (part EF, part future home improvement)
    4) Mortgage neutral by June 2030 AVC £10.1K/£127.5K AVC target 8% value at 15/5
    5) FI Age 60 annual income target £13.7/30K 45.7%
    6) SIPP £4.1K
  • try_harder
    try_harder Posts: 1,527 Forumite
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    Thank you savingholmes 
  • Mrs_Binxtoria
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    Wow you are doing well with your savings and meeting your targets each week.  You are certainly making some inroads into the mortgage and you will certainly meet your goal if you keep it up.

    Good luck  :)


  • try_harder
    try_harder Posts: 1,527 Forumite
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    Thank you Mrs_Binxtoria ..I think i have become a little bit too obsessed with this mortgage and numbers to be honest !

    Week 9 £500 paid in to PBs this week ...Total £4500

    Selling not going so good this week not sure why that should be but i need to get some bits listed and fingers crossed that its 70% off fees tomorrow and over the weekend

    Food budget going really well again this week ,we have been invited out twice so there should be some savings in this pot too this week



  • try_harder
    try_harder Posts: 1,527 Forumite
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    So Week 9 final numbers

    £500 in to PBs ..Total £4500 
    £63.35 from selling ,food saving money etc .This money is going in to PBs too.

    I am very happy with the way things are going money wise .Now on to Week 10 


  • savingholmes
    savingholmes Posts: 27,697 Forumite
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    Well done. You're still motoring along.
    Achieve FIRE/Mortgage Neutrality by mid 2030
    1) MFW Nov 21 £201,999 with 235 payments to go - now £182,428 Equity 27.02%
    2) Spend on handyman & external building works & new patio door £13.45K
    3) CC £7.4K on 0% spends card but offset by £34.25K savings (part EF, part future home improvement)
    4) Mortgage neutral by June 2030 AVC £10.1K/£127.5K AVC target 8% value at 15/5
    5) FI Age 60 annual income target £13.7/30K 45.7%
    6) SIPP £4.1K
  • try_harder
    try_harder Posts: 1,527 Forumite
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    Thank you savingholmes

    Week 10.£350 in to PBs £150 to go this week 
    Selling etc this week so far is £103.22 


  • Aimingforthegoodlife
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    Amazing progress, every time I pop in you are smashing your goals!
  • try_harder
    try_harder Posts: 1,527 Forumite
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    Thank you Aimingforthegoodlife

    Final round up for Week 10 ..£500 in to PBs ..Total £5000
    Other savings £153 .This has gone in to PBs too ,i will think about what i might use this extra money for later .On to week 11
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