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The MSE Forum Team would like to wish you all a very Happy New Year. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
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Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
Prosperous soul, mortgage neutrality & creativity Year 2
Comments
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Good start to the New Year, keep it going 😃Mortgage started 2020, aiming to clear 31/12/2029.3
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Agree, its a great way to start the New Year
MFW 2024 £27500/7500 Mortgage £129,500 Jan 22 Final payment June 38 Now £68489.08 FP May 36 Emergency Fund £20,000 100% Added to ISA 24 £8,060 Save 12k in 24 #31 £20,034.76/20,000 Debt Free 31.07.143 -
Brilliant news on the lack of cc debt!"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 McGee2
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Thanks Beanie, Jwil, MF, Flaco and Dancing
Well sis cancelled on me - so I've had fun doing acrylic pouring instead. Just hope they dry okay. Used blacks, silvers, copper, gold and teals.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 14/11/255 -
Just caught up on your diary savingholmes. Merry Christmas and a very happy and prosperous 2023. It sounds like you're on a great path for your future. I love all the crafting you've been doing and how organised you've been with your meals and spends. I could take a leaf out of your book!!!!Debt on 01 July 2022 = £42,083.00
Debt on 01 January 2023 = £37,075.87 (-£5,007.13)
Debt on 01 January 2024 = £24,922.36 (-£12,153.51)
Debt:
01 January 2024 = £24,922.36, 01 February = £24,170.95, 01 March = £23,298.44, 01 April = £22,424.83
Current debt free date = 01 July 2026.4 -
wow - late to the party as ever - I was just wondering why I hadn't seen your diary in my bookmarks - I must have been off that week !!
very strong opening posts. will spend some time catching up with news over the weekendI think I saw you in an ice cream parlour
Drinking milk shakes, cold and long
Smiling and waving and looking so fine5 -
Its lovely being cc-free savingholmes, enjoy!
"Think of many things, do one"
Mortgage 30Jan'26 est. £204,330 £309,749 2020 (ends 2038 - aiming for 2031)
Seven Goals; target lose 4lbs by Feb'26; walk/run/exercising/weights/yoga3 -
Thanks Daisy, Mark and Sandy
Mark you found me on about page 9 - but then must have lost me again.
Happy New Year all.
Yesterday I had fun in hobbycraft and have bought myself a little wooden house and gave it a mini extension using wooden frames from toppers - and have painted it and glued on little wooden toppers to symbolise the mortgage payments I've made. When I started my mortgage journey I had 264 payments to make and am now down to 251. I may post a photo at some point. I also bought some other stuff - but had a 15% off voucher to use and some of what I bought was on 3 for 2 so felt blessed. Still in budget.
I also got some YS food at C00p.
I've also been paid over £14 in interest which is nice on my B savings.
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 14/11/258 -
OOPSIE
The first rule of 2022 club is don't talk about 2022
But please excuse my absent mindednessI think I saw you in an ice cream parlour
Drinking milk shakes, cold and long
Smiling and waving and looking so fine4 -
The house sounds fab!
Happy New Year, hope it's a good one "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 McGee2
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