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Mortgage free mayhem
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I could have written this sentence myself - also 55 next month, obsessed with reviewing pension options, really want a 4 day week asap but wouldn’t be able to do that in my current job. Mortgage too high, not enough disposable income etc lol but definitely need to make a change. Will follow your thoughts with interest xmathilde said:.3. Have a think about how to change my life. I'm 55 next month and I just want a change. I want more free time, I want less stress and angst. I love my job but want to do it 4 days week or something. I don't know. The past couple of months have shown me that life is short.Mortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000
01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41
Debt at highest point in 24 -£21,344
Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!1 -
Yes definitely we'll keep our eyes on the prize.
Mortgage in July 2023: £84206
Mortgage in March 2026: £51,5680 -
Hey!
Mortgage now at £66,292. Overpaid by £300.
Recovery is going well, thank goodness. So grateful to my surgeon.
Also--got my cats back yesterday! When the first surgery failed back in September and I realised I was going to be out of commission for a long time, a colleague actually offered to foster them! Which was so kind of her. Finally got the girls back and getting loads of winter cuddles. Xxx
About last month's goals, I'm nearly finished with the long-shot job application. It's due 11th December and I just have a couple of bits left to do.
I might qualify as a yoga teacher in the new year. I'll think about it.
Also, I need to build up savings again. When I was unwell I paid out for Ubers, cat boarding (before they got fostered), more expensive groceries (delivered). Gift hampers for the nursing staff. It all added up! So will focus on savings again.Mortgage in July 2023: £84206
Mortgage in March 2026: £51,5680 -
Overpaid by £8600!
Mortgage now at £57,469.
I didn't rob a bank. The money is 25% tax-free withdrawal from one of my pensions, because I've turned 55. Happy birthday to me!Mortgage in July 2023: £84206
Mortgage in March 2026: £51,5681 -
Happy birthday and a great overpayment too.I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger.
One debt remaining. Home improvement loan. 20 months left.1 -
Mortgage now at £52,267.
Overpaid £5180, which was from a pension withdrawal plus extra earnings.
Started the yoga instructor course!
Goal for this month is to get headstands.
Mortgage in July 2023: £84206
Mortgage in March 2026: £51,5680 -
Well done on the Op.
Hope course goes well.
I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger.
One debt remaining. Home improvement loan. 20 months left.1 -
Hi everyone,
Mortgage now at £51,568. Got £500 in as overpayment.
Yoga training course is well underway. Finished the coursework on Vedic texts.
Held a headstand for a moment or so.
Mortgage in July 2023: £84206
Mortgage in March 2026: £51,5680
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