📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Escape to the country & living off savings

17778808283215

Comments

  • Trip to the tip this morning with DF. Got rid of all the shrub trimmings. Then I hoovered the car. So much for a relaxing weekend 😆 Had kfc for lunch paid from entertainment fund and now laid up on the sofa watching programmes recorded during the week. 
    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/p1
  • ~FlowerPot~
    ~FlowerPot~ Posts: 1,621 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    well done on the tip trip, we are going today, but have so much prob need 3 or 4 trips. its all box hedge trunks and they are big and heavy! plus a loads of cuttings/weeds and a rusty old chain fence!
    ♥️ ♥️ ♥️
    🌸🌸🌸🌸🌸🌸🌸🌸
    Decluttering 2025 So far 403 / 2025
    Decluttering 2024🏅🏅🥇🏅🏅🏅⭐⭐⭐🌸 DS2🏅🏅DD🏅🥇🌸
    25 in 25 So far 1 /25

    ⭐My rambling savings Diary ~⭐
  • Thanks flowers 😊 Good luck with your tip runs. Our tip was queueing round the block yesterday by 10.30am 😳 Mind you it is closed thu and fri so I think everyone had the same idea to go sat morning. 

    The rain cleared yesterday afternoon and so I had a warm walk round the village in the sun ☀️ Curry from the freezer for tea. Have been trying to keep carbs & sugar low & have my blood test on Monday 🤞

    Warm and sunny here this morning so a load of washing is swishing. Leftover chicken from friday for lunch today with veg & gravy. I have a whole head of broccoli to steam, plus swede & carrot mash and butternut squash soup in the slow cooker. 
    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/p1
  • I now have access to my interest certificates for year ending 5/4/24

    6% account £169.23
    savings builder £263.56
    bills account £26.99
    1 year bond (20k) £751

    I have left the interest in the savings accounts apart from the 1 year bond. The capital has been re-invested and the £751 interest is being used as this years 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/p1
  • .. forgot to add my 2yr (50k) bond matures in Feb 25 when the interest is calculated and paid. 

    As I have no income my interest will be all covered by the tax free allowance (currently 12570) so there will be no tax bill to pay 
    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/p1
  • Your savings are all looking on track SYA , I like the idea of utilising the nice bit of interest for yearly DIY instead of having to save for it as you go along ..gets the jobs done if you have the money ready x
  • MovingForwards
    MovingForwards Posts: 17,150 Forumite
    10,000 Posts Seventh Anniversary Name Dropper Photogenic
    Congratulations to DS and GF.

    Good interest amounts and plans for it.

    Food all sounds so delicious!

    Mortgage started 2020, aiming to clear 31/12/2029.
  • Thanks thriftylynny and MF. 😊

    Aquafit was very energetic this morning and very cold so I got out just before the end. Filled the car up with petrol to go to my sisters at the weekend & collected my meds on the way home. 

    Butternut squash soup for lunch then popped to friends for cuppa and chat. Tidied house, dishwasher on, hand washed swimsuit and hung out with towel to dry. Did a bit of weeding, was careful with bending as I don’t want to set my back pain off again. Stew for tea tonight. 

    Took this months remaining entertainment fund £50 cash out of bank to spend over the weekend at my sisters. Current account balance now £50.05 which will be plenty for food & petrol (if needed) next week. 


    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/p1
  • Sunny & windy but cold morning. Just freshening up some clothes for the charity shop and will then hang them out to dry. Will weed a bit more of the garden when I go outside but not staying out long in the cold. 🥶

    Planning to read a book & potter about indoors for the rest of the day. Going out tonight with DF for tea at wertherspoons. 😊
    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/p1
  • doingitanyway
    doingitanyway Posts: 10,048 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Mortgage-free Glee!
    Planning to read a book & potter about indoors for the rest of the day. Going out tonight with DF for tea at wertherspoons. 😊
    My idea of a prefect day.
    Well done on savings/investments and staying under the tax threshold
    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 100/1000
    Buffer fund 0/100
    Debt Free (again) 25/072025
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.