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Watty's Awakening

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  • Third time lucky Watters! Good on you for having a go
    https://forums.moneysavingexpert.com/discussion/6466032/an-in-between-phase

    Books read 2025: 49

    Hey! Use my code GW7II3 on Eureka Surveys and unlock a short 80p survey just for signing up! https://eurekasurveys.page.link/do9nSyy8u4nikx6r6
  • Watty1
    Watty1 Posts: 7,057 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    @dawnybabes the full amount :)   

    I am retiring from crumble making for the foreseeable.
    Made it to mortgage free but what a muddle that became

    In the event the proverbial hits the fan then co-habitees are better stashing their cash than being mortgage free !!
  • savingholmes
    savingholmes Posts: 29,049 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi Watty 


    I'm all caught up on your diary again - briefly at least.

    On the hair - that can be stress or age - but it can also be zinc deficiency. Might be worth looking into.

    The cupboards look lovely. 

    I'd love to own multiple acres - but agree a kit house may offer more cost certainty than doing up an existing property. I totally get the temptation though. I always think when I look at those properties that I'd need at least the same money again to do it up. It's definitely worth working out a cost per square metre type cost for refurbishment and adding that to the purchase price so you can compare it to more 'finished' options. 
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £172.5K Equity 36.11%
    2) £1.8K Net savings after CCs 13/9/25
    3) Mortgage neutral by 06/30 (AVC £26.8K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 32.6/£127.5K target 25.6% 13/9/25
    (If took bigger lump sum = 54.5K or 42.7%)
    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 £4.8K updated 13/9/25
  • beanielou
    beanielou Posts: 96,073 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Not vain in the slightest. 
    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. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • Greying_Pilgrim
    Greying_Pilgrim Posts: 6,763 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Watty - not vain in the slightest.  I come from a family that has (on the maternal side), a propensity for female pattern baldness.  My mum tried to do the best with the slight curl her hair had, but there's no doubt it got her down, especially towards the end of her life.  So do what you need to feel good, however you need to do it.  

    Greying X
    Pounds for Panes £7,705/£10,000 - start date Dec 2023
     
    Grocery Spend September 2025 £105.19/£200 
    Non-food spend September 2025 £26.14/£50
    Bulk Fund September (month 9 of 12) £4.80/£40 
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