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Escape to the country & living off savings

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Comments

  • Tresinia511
    Tresinia511 Posts: 395 Forumite
    100 Posts First Anniversary Name Dropper

    Glad the latest retailfail is sorted👏

  • KajiKita
    KajiKita Posts: 10,116 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic

    That’s a bigger surplus than usual in your monthly budget - I assume because it’s a non council tax month. Any plans for the surplus?

    Well done on the Matt Allan management! 👏😊

    KK

    As at 17.04.26:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £216,847
    - OPs to mortgage = £18,925 Estd. interest saved = £9,670 to date
    c. 16 months reduction in term
    Fixed rate 3.85% ends October 2030

    Read 33 books of target 52 in 2026 as @ 20th May. 
    Produce tracker: £119 of £400 in 2026

    Watch your thoughts, they become your words.
    Watch your words, they become your actions. 
    Watch your actions, they become your reality. 
  • SuzeQStan
    SuzeQStan Posts: 2,190 Forumite
    Fifth Anniversary 1,000 Posts Homepage Hero Photogenic

    Matt Alan 🤣

    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.

  • doingitanyway
    doingitanyway Posts: 10,925 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Mortgage-free Glee!

    Good use of CT free month.

    Plans for niece and little one sound lovely and a perfect way to switch off from life stresses, admin and sadmin!

    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 1400/1000
    Buffer fund 100/100
    Debt Free (again) 25/07/2025
  • Skint_yet_Again
    Skint_yet_Again Posts: 9,054 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Mortgage-free Glee!
    edited 3 March at 9:11AM

    Quick update Interest 1/3/26

    Living off savings £10.08

    DIY pot £1.87 - left it in account 

    Regular saver (£5k) £19.68

    Various pots £1.44 left in account 

    Transferred into current account £29.76 (almost enough to pay for yesterdays lunch 😊)

    Credit Card bill £216 = 

    Car tax £165 (pay from annual bills)

    Matalan £27 (will be refunded)

    Matalan £24 (from annual bills pot)

    ❤️Mum 2018
    0% credit card £1360 & 0% Car Loan £7500 ~ paid in full JAN 2020 = NOW DEBT FREE 🤗
    House sale OCT 2022 = NOW MORTGAGE FREE 🤗
    House cash purchase completed FEB 2023 🥳🍾 & left work. 🤗

    Retired at 55 & now living off the equity £10k a year

    ❤️Dad 2025

    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/p1
  • KajiKita
    KajiKita Posts: 10,116 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic

    Agree, nice use of CT spare funds 😊

    I think solicitors feel they have to show themselves as doing due diligence.
    When Mr KK and I bought our first house together, it took aaaaaages …. the sellers were messing us about something chronic as they decided to buy somewhere to move to, not rent, but didn't actually bother telling us this … When we finally went to our solicitors to sign to the documents for exchange, our solicitor suddenly started fussing about the boiler being old and did we want to negotiate for some money off the purchase price … I growled something along the lines of 'It's a bit late to get into that now!!' and Mr KK managed to keep his cool and said something like 'Well we are going to remodel the kitchen at some point we will buy a new boiler then'. As it was, that old, rocket sounding boiler was still going strong when we did redo the kitchen some 5 years later …. 😉

    KK

    As at 17.04.26:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £216,847
    - OPs to mortgage = £18,925 Estd. interest saved = £9,670 to date
    c. 16 months reduction in term
    Fixed rate 3.85% ends October 2030

    Read 33 books of target 52 in 2026 as @ 20th May. 
    Produce tracker: £119 of £400 in 2026

    Watch your thoughts, they become your words.
    Watch your words, they become your actions. 
    Watch your actions, they become your reality. 
  • badmemory
    badmemory Posts: 10,626 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper

    As you say eek to the price of olive oil. Fortunately I don't like the taste of it. Is it the taste of the texture, not sure.

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