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Escape to the country & living off savings
Comments
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Savings pots now updated
DS wedding £1000
Visit family. £192
Annual bills £600 (£120 pm)
Car fund £800. (50pm)
Xmas/bday £300 (£50 pm)
DIY pot (interest from 2yr bond mat feb 25)
£1446.18 being used as emergency fund
Upcoming expenses Probate £300, House insurance (Dad’s) £470. I will pay on my credit card and should be able to get the money from dad’s bank account for Probate once the credit card bill arrives. I will claim house insurance as Executor expenses from his bank account once probate granted & replace the money in my diy pot.
0% credit card £1360 & 0% Car Loan £7500 ~ paid in full JAN 2020 = NOW DEBT FREE 🤗
House sale OCT 2022 = NOW MORTGAGE FREE 🤗
House purchase completed FEB 2023 🥳🍾 Left work. 🤗
Retired at 55 & now living off the equity £10k a year (until pensions start at 60 & 67).
Previous Savings diary https://forums.moneysavingexpert.com/discussion/5597938/get-a-grip/p1
Living off savings diary
https://forums.moneysavingexpert.com/discussion/6429003/escape-to-the-country-living-off-savings/p13 -
Morning SYA - glad you have those savings pots in place and a plan moving forward. Hope you are ok have been worrying on you ❤️Lancashire
PV 5.04kWp SW facing
Solar Battery 6.5 kWh
🐙 Intelligent Go
Mortgage freedom January 2024 - paid off 7 years early by making overpayments where we could.1 -
All sounding excellent!If you have built castles in the air, your work should not be lost; that is where they should be. Now put the foundations under them
Emergency fund 800/1000
Buffer fund 0/100
Debt Free (again) 25/0720251 -
Well done sya on being so organised. Little cries are to be expected, they catch you off guard sometimes. It's so hard losing a loved one. I especially empathise with you losing your dad as much as I loved my mum, she was a good mum, my dad was my world, I was so in tune with him and felt so bereft when he died. But as your own dad said, he had a good life, lovely family, loved and was loved and in the end it does give comfort to know you shared all that time with each other up to the end x4
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Well said @Tresinia511If you have built castles in the air, your work should not be lost; that is where they should be. Now put the foundations under them
Emergency fund 800/1000
Buffer fund 0/100
Debt Free (again) 25/0720251
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