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Getting the balance right

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  • savingholmes
    savingholmes Posts: 29,034 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks for sharing. I was about to say we need pictures... 
    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 29/7/25
  • skint_spice
    skint_spice Posts: 13,462 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Loving the positivity! It's easier with a plan...
    Mortgage OP 2025 £6750/7000
    Mortgage 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)
  • beanielou
    beanielou Posts: 96,008 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    A wee plan is always good  :)
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • savingholmes
    savingholmes Posts: 29,034 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    That view is stunning. I'm impressed you can kayak for 90 minutes. Even in my twenties that would have worn me out.
    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 29/7/25
  • elantan
    elantan Posts: 21,022 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Loving the positivity! It's easier with a plan...
    it most certainly is, and you know me I like a plan :smile:
  • elantan
    elantan Posts: 21,022 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    beanielou said:
    A wee plan is always good  :)
    it is Beanie, even if it doesnt go according to plan it gives you direction and helps focus the ideas
  • elantan
    elantan Posts: 21,022 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 22 September 2022 at 7:21PM
    That view is stunning. I'm impressed you can kayak for 90 minutes. Even in my twenties that would have worn me out.
    I'm gonna be honest here and tell you I'm a very lazy kayaker, so whilst I was out on the water for 90 mins I certainly didnt kayak the full 90 mins, I stop often and drink in the scenery, it's not a chore when it looks like the picture ... in fact its hard to get started again lol 

    we did kayak the length of the loch but it was a small loch, maybe even the smallest loch I've been on, it's more about the enjoyment than the distance and effort ;)
  • elantan
    elantan Posts: 21,022 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Spent over the 40 budget today, but we had nachos, ice cream, coffee and alcohol outside so that's ok were still under budget for the holiday so far.

    I'm a bit exhausted after all the excercise this week, my s**tbit is saying 1 for readiness, it said that yesterday as well but I pushed and went up the hill, today after we had got some shopping Mr El said come on let's go for a walk, I had to decline it was just too much, I want to enjoy my last day tomorrow so gonna rest for the night. 
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