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Prosperous soul, mortgage neutrality & creativity Year 2

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Comments

  • savingholmes
    savingholmes Posts: 29,099 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    All your activity has made me finish off a decluttering task I started a month ago . You are doing so well with it all , your house will feel great even if you don't move . 
    The house you viewed sounds ideal for you. 
    Glad it helped. Sorry I missed your reply. A house with permanent gorgeous views from inside seems fab to me. 
    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 14/11/25
  • beanielou
    beanielou Posts: 96,951 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Did the handyman come back last night? 
    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: 29,099 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    beanielou said:
    Did the handyman come back last night? 
    Sadly not no.
    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 14/11/25
  • Ouch. Thats three to do lists not one!
  • jwil
    jwil Posts: 22,614 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    That's an epic list!  Good to have some structure and something to tick off though.
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • skint_spice
    skint_spice Posts: 13,583 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Good luck with your huge list!
    Mortgage OP 2025 £7550/7000
    Mortgage OP 2024 £7700/7000

    Mortgage balance: £34,196

    Money making challenge £78/400

    ”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)
  • Humdinger1
    Humdinger1 Posts: 2,515 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    A list so big it has its own post code...well done @savingholmes; impressive organisation love Humdinger xx 
  • savingholmes
    savingholmes Posts: 29,099 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks WD, Jwil, Spice and Humdinger - love the postcode analogy!!

    Unsurprisingly - I haven't got very far on my list. I did the tasks earmarked for last night - and dropped stuff at the charity shop this morning on the way to my swim. I met my friend and we swam and then came back here for lunch. She got a tour and was impressed as she'd seen some of how bad it was 2 years ago. She also felt repainting the tiles had been well worth it. She thinks I should sell easily and the garden is a huge selling point. ~Exercise, social, encouragement and self care in one. 

    Since then I have been intermittently power washing. It does make a huge difference but it's so time consuming. In any breaks I'm either recuperating with a drink or trying to get the grass and weeds up in between the slabs. I'm not too bothered about other weeds but those really stand out.

    I think after I finish power washing I need to prioritise the fourth bedroom as it's the first room they will see when they go upstairs - or accept I won't include a photo of that room. Luckily I have leftover lamb that I can have for tea
    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 14/11/25
  • beanielou
    beanielou Posts: 96,951 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Wow, I just dont know how you do it.
    Be proud.  xx
    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.
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