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Comments

  • savingholmes
    savingholmes Posts: 29,135 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hope you're having a lovely day.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £169.8K Equity 37.1%
    2) £1.3K Net savings after CCs 16/1/26 (but owed £1.1K) so £2.4K
    3) Mortgage neutral by 06/30 (AVC £34.8K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 40.6/£127.5K target 31.8% 16/11/25
    (If took bigger lump sum = 62.7K or 49.2%)
    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 £5.2K updated 16/1/26
  • Makingabobor2
    Makingabobor2 Posts: 4,578 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Hope you had a lovely day. X
    Making the debt go down and savings go up

    LBM 2015 - debt £57K / Now £27,424....its going down

     Mortgage Free December 9th 2024! 
    18mths ahead of schedule.  

    Challenges

    EF  £1200/£3000
    .

    Studies/surveys January £86.85

    Decluttering items 1402/
    2025.  73/2026
    Books read    23 in 2025.  2026- 3 (target is 52)  
    Jigsaws done  20 in 2025.  1/2026  

    My debt free diary...https://forums.moneysavingexpert.com/discussion/6396218/we-will-get-this-debt-d£own-the-savings-up


  • rtandon27
    rtandon27 Posts: 6,379 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Happy Belated Birthday EH!!! 🎈🎁🎉
    4 YEARS 10 MONTHS DEBT FREE!!! (24 OCT 2016)
    (With heartfelt thanks to those who have gone before us & their indubitable generosity.)
    ...and now I have a mortgage! (23 AUG 2021)
    Original End Date - Sept 2041 New projection - Dec 2039 (reduced by 21 months)
  • lucielle
    lucielle Posts: 11,694 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It all sounds like you had a fab time. Partial to a lemon drizzle myself especially as I can bake them in the air fryer. 
    L
    Total Debt Dec 07 £59875.83 Overdrafts £2900,New Debt Figure ZERO !!!!!!:j 08/06/2013
    Lucielle's Daring Debt Free Journey
    DFD Before we Die!!!! Long Haul Supporter #124
  • EssexHebridean
    EssexHebridean Posts: 25,461 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Mum does her cakes in the air fryer as well L!

    Forgot the most important bit of news above - finally got to cash-out on OneP0ll. Now to see how long they take to send the money! 
    🎉 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
    £100k barrier broken 1/4/25
    Balance as at 31/08/25 = £ 95,450.00. Balance as at 31/12/25 = £ 91,100.00
    SOA CALCULATOR (for DFW newbies): SOA Calculator
    she/her
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