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Small steps lead to big changes...
Comments
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Well done on the PADs. Personally I'd create an EF if it doesn't impact any DMP.
Sorry about the job uncertainty - and only being eligible for statutory pay. Good you have long service although that's little consolation at this point. Hope your DH's job is okay.
Good luck with the insulation scheme - hope it works in your favour.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
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 £5K updated 10/10/252 -
Thank yousavingholmes said:Well done on the PADs. Personally I'd create an EF if it doesn't impact any DMP.
Sorry about the job uncertainty - and only being eligible for statutory pay. Good you have long service although that's little consolation at this point. Hope your DH's job is okay.
Good luck with the insulation scheme - hope it works in your favour.
No any EF wouldn't impact my DMP (but it would also give me options if I had the opportunity to do a F&F settlement). "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 -
Today's PAD - £9 - good start to the month!
Jan - £141
Feb - £139
March - £89
April £149
May - £79
June - £270
July - £253
August - £173
September - £120
October - £151
November - £9"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 McGee3 -
Happy November and excellent pad to start you off!Jan 18 Joint debts 35,213
Mortgage Jan 18- 77224 May 25- just under 65k
June 25 Debts in my name only £5170. DH can't keep track...3 -
Thank youNeverendingDMP said:Happy November and excellent pad to start you off! Happy November to you too "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 McGee1 -
Happy November! I've done the money shuffle. I still need to go through everything and come up with a revised plan.
Aims for November:- Update financial plans and prep for the new year. Look at budgets again.
- Finish all the Christmas shopping and get it wrapped. I've made a good start.
- Little miss has her birthday, but that's pretty much sorted and paid for so that's good.
- Finish autumn cleaning the house
- If I get a chance - start painting the landing and hallway, but that will be easier to do when no one's home.
- I was hoping to take a couple of days off, but I seem to be juggling a huge number of projects at work, so I need to find some time to write a big to do list and understand what needs to be done and when.
- I need to book my Christmas leave so at least that's not too far away.
- I'd also like to go and see some of the NT houses decorated for Christmas, so look up when that all starts.
"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 McGee4 -
Good start to the new month there!
Yes - you're not the only person needing a review on financial planning/budgets.🎉 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
Balance as at 31/08/25 = £ 95,450.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her3 -
I find booking leave cheers my spirits! I'd prioritise that one!Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
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 £5K updated 10/10/251 -
Thank youEssexHebridean said:Good start to the new month there!
Yes - you're not the only person needing a review on financial planning/budgets.
I really should! I always try and leave it later though to see how much flexi I can take instead of leavesavingholmes said:I find booking leave cheers my spirits! I'd prioritise that one!
I should just book it though as my leave year runs out end of Jan so there's no point in hoarding it any longer. "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 McGee1
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