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Interesting way of doing the kitchen. Sounds good though.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £174.8K Equity 32.77%
2) £3K Net savings after CCs 6/7/25
3) Mortgage neutral by 06/30 (AVC £22.5K + Lump Sums DB £4.6K + (25% of SIPP 1.1K) = 28.2/£127.5K target 22;12% updated 6/7
4) FI Age 60 income target £16.5/30K 55.1%
5) SIPP £4.6K updated 6/7/252 -
This is all just sounding brilliant and SO organised! Well done you! Great way of doing the kitchen too - Howdens are so popular these days I imagine you'd definitely be able to find something to match pretty soon!🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her3 -
Thank you @savingholmes and @EssexHebridean
I'm trying to be as organised as possible because I know that this could be a danger area for spending and debt, so I want to keep a sharp eye on it all. And it helps me feel like I've got a bit of control when things are a bit scary!
I should have mentioned about the kitchen : we're eventually hoping to extend the back of our house and replace the current kitchen and utility-sunroom (which one of those really odd spaces caused by a previous extension) - but this is maybe 7 years down the line. So although we are going to redecorate the kitchen soon, I want to keep it as cheap as possible because we're going to do it again in the not-too-distant future. Also now thinking that maybe we can use some of the "new" bits when it is extended
Originally I thought we could live with the kitchen, but we had to get rid of the old broken cooker (the seller should have removed it but didn't) then had the problems with the sink, and then discovered that the cabinets were practically falling apart. At least the floor is ok!Although I'm secretly glad because I didn't like the kitchen very much anyway
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Love the secretly glad bit!
Good luck with itAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £174.8K Equity 32.77%
2) £3K Net savings after CCs 6/7/25
3) Mortgage neutral by 06/30 (AVC £22.5K + Lump Sums DB £4.6K + (25% of SIPP 1.1K) = 28.2/£127.5K target 22;12% updated 6/7
4) FI Age 60 income target £16.5/30K 55.1%
5) SIPP £4.6K updated 6/7/252 -
Just caught up on your old diary and followed to your new one! Love the kitchen plan, a great way to do it. Good luck with everythingDebt at LBM (Dec 2018): £23,167
Debt free Feb 20213 -
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Sorting out more tax things now my P11D has been issued. I'm due another £1200 refund from last year (which will go straight into the house repair pot when it comes through) but my tax code has changed for the year ahead due to medical insurance going up, so I'll need to look at my take home pay in August and tweak the budget again. I think it is too late for the changed tax code to be applied for payroll this month4
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Great when the taxman owes you money rather than the other way roundAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £174.8K Equity 32.77%
2) £3K Net savings after CCs 6/7/25
3) Mortgage neutral by 06/30 (AVC £22.5K + Lump Sums DB £4.6K + (25% of SIPP 1.1K) = 28.2/£127.5K target 22;12% updated 6/7
4) FI Age 60 income target £16.5/30K 55.1%
5) SIPP £4.6K updated 6/7/253 -
savingholmes said:Great when the taxman owes you money rather than the other way round2
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I needed to return a couple of things I ordered online and unfortunately the sellers didn't offer free returns. But I found out that Paypal have a return refund service whereby you can claim up to £15 of postage per return and for 12 items per year. It is free to activate this and you need to have used Paypal for the original purchase but it is really good to know about. I just got the refund for the first return (which I only posted on Monday) ... not sure if I am allowed to post a link but if you search "Paypal refunded returns" it will come up
Anyway, it has saved me £9 this week so thought I would post about it8
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