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Getting the balance right
Comments
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Just to let you know Elantan hasn’t gone rogue and headed off into the sunset spending wildly - she’s been having problems logging into MSE.Mortgage OP 2025 £6750/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £35,463
Declutter 12/244
Money making challenge £58/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)3 -
Well here's hoping this is me back, passwords are a pain in the backside
Nowt much happening here still working away, I have a new quote in for £757 monthly for my gas and electricity, ermmm that'll be a no as well then.
Hope everyone is good4 -
Oh my el3
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yep, hope your fixed for another year or so Ed ?
I'm out of my fix in September . it will be wood burning stoves and candles for us
I think I'm really glad we bought the type of wood burning stoves you can cook on3 -
Good grief! I haven't heard anything from my supplier yet - if thats the kind of thing they're doing, I'm not sure I want to!2023: the year I get to buy a car4
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Karmacat said:Good grief! I haven't heard anything from my supplier yet - if thats the kind of thing they're doing, I'm not sure I want to!3
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Martin looked like he was about to lose his !!!!!! on TV this morning!
We've got 9 months of normality left, then suspect Mrs E will need to cut her pension to the bare minimum for the match. That will save 300 massively begrudged pounds a month. Not sure where the other £100 or so will come from. Feels like the tide is going out on FIRE as a concept unless you're on £££,£££3 -
Very hard for many to cope with such high energy bills.
Is that a per month rate El??? I couldn't cope with that at all!!Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £172.5K Equity 36.11%
2) £1.6K Net savings after CCs 14/8/25
3) Mortgage neutral by 06/30 (AVC £25.6K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.4/£127.5K target 24.6% 1/9/25
(If took bigger lump sum = 53.3K or 41.8%)
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 £4.8K updated 29/7/252 -
edinburgher said:Martin looked like he was about to lose his !!!!!! on TV this morning!
We've got 9 months of normality left, then suspect Mrs E will need to cut her pension to the bare minimum for the match. That will save 300 massively begrudged pounds a month. Not sure where the other £100 or so will come from. Feels like the tide is going out on FIRE as a concept unless you're on £££,£££3 -
savingholmes said:Very hard for many to cope with such high energy bills.
Is that a per month rate El??? I couldn't cope with that at all!!4
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