Mortgage free in 4 years

Sensiblesaver

Monthly update. I got paid from my second job on Friday so managed to send money into my SIIP. I had 2 weeks holiday in January, so considering the holiday it was not a too bad month, I made the same as December.

I have been doing well going to the gym beginning f the week but from Thursday onwards I am quite tired and struggling to exercise. I am still adjusting to working full time again.

Total saved in February:

£2k into SIIP £4500/£30000

£400 S+S ISA £700/£10000

£200 Cash £335/£2000

£100 DS S+S ISA £200/£2000

Mortgage OP £989 £1791/£10000

I also managed to get flight to see the in laws with air miles, so a nice holiday to look forward to in May :)

Sensiblesaver

Just realized I forgot to update my diary last could of months, March was a very stressful month, too busy at work as I had agreed to do a few extra days and also one difficult client. I wasn't sleeping well and failed to exercise. I ended up dropping a day from one of my jobs as I think I am not very productive when I'm tired, so back to working 4 days a week.

OPs kept going, Mar OPs £713, April OPs £1000. Mortgage balance now -£164,680.

Market seems to be recovering and I am now -£31,500 short of being mortgage neutral :)

I added 3.5k to my SIIP in March and 2.5k in April.

Its a nice day and just getting the courage to go for a run :)

kaycastle

Well done @Sensiblesaver you’ve made amazing progress!

Sensiblesaver

Thank you @kaycastle

I'm having a good week so far. We had some nice weather so spent quite a lot of time in the garden, have run 2x 6km and went to the gym yesterday and will be going today as well as I am off :). It's nice to have a day off mid week to re-charge. I have also deleted my Instagram app from my phone and it's amazing how much time you waste scrolling nonsense. It is also better for my mental health as I don't keep looking at people travelling and feeling left out. I have been feeling happier and reading more on my commute rather than just checking SM.

Tomorrow I'm meeting some old work colleagues for dinner after work. I haven't seen some of them in a while. I can't believe it's been 1 year since I left my old job. I do not regret it and just wish I had taken the plunge sooner as it was such a toxic environment. I'm really enjoying working in different places, but some time feel 3 different jobs is a bit much lol. Maybe I will drop to 2 jobs in the future. My income is now at the same level as it was before.

Sensiblesaver

Time for an update. Eve though I have not managed to add much to my S&S Isa this year yet, the markets are ding well and it's going up nicely. I am now 24k away form being mortgage neutral :)

Mortgage OP done and not a lot saved as have to pay for holidays, also DS is doing driving lessons so have not saved much into his ISA either

Total saved in May:

£2.5k into SIPP       £13000/£30000

£250 S+S ISA           £1450/£10000

£250 cash                 £2285/£2000

£0 DS S+S ISA      £300/£2000

Mortgage OP £803      £4318/£10000

Current Net worth without the house (only me, not counting OH)

S+S ISA £111,370

Stocks £ 6755

Cash £21000

Pension £167403

Total £306,528

Mortgage balance -£163,160

Sensiblesaver

we went on holiday for ay half term and had a lovely time. It has taken time to settle back into a routine.

June OP done £897. Total mortgage balance now -£161,392.50. It has been an expensive month as my dog needs to have her teeth cleaned and estimate is between 700-1000 ouch. It is needed and she lost a tooth recently and I feel really guilty as I did not know her teeth were this bad. DS is having driving lessons, £90 per lesson, not cheap also and we are re-doing our garden office, so only saved £250 cash and 2.5k on pension.

I had my accounts done early as I rather be prepared, so I now know how much tax I need to pay in January, for company and personal. I have enough saved, so all good.

Sensiblesaver

Just re-jigged some lines in my budget and found another £103 to send to the mortgage, OP for june £1000. Total outstanding -£161,290. I'm now -£24,731 away from being mortgage neutral :)

beanielou

Great result.

Sensiblesaver

I am quite stressed out at the moment as one of my ISA accounts have been hacked and £1700 has gone out of my account. My account is with Tr@ding 212. I am not having a good response from them and feel very stupid to have been a victim of such a scam. Tr@ding 212 contacted me last week asking to send my ID as they needed my ID to be verified. I verified my ID via their app. Yesterday I got a message which I thought was from them saying my ID verification had not gone through and my account was going to be deleted. I tried logging into my tr@ding 212 app and it said my account was restricted, so I followed the instructions on the email to verify my ID. Shortly after I started getting notifications of withdrawals from my account. I searched online and Tr@ding 212 has no contact number, so I sent an online contact form to stop transaction as I realized I had been scammed. It was not very clear on their site how to report fraudulent activity. I kept getting notifications of transactions on my phone and there was nothing I could do. This has been the most frustration experience of my life and it shows how vulnerable we all are. After sending about 10 online forms via their site I took a sleeping pill and went to bed. I have 10k into this account. I expected all the money to be gone. This morning I managed to retrieve my account and could access the app again. £1700 was taken from my stocks and shares account. The interesting thing is they were able to sell my shares and transfer the money straight away. When I sold shares in the past it took a couple of days to have the money available for withdrawal. Their customer service have not been that helpful and I definitely don't trust them anymore. I feel like we can fall for such scams so easily, considering I am well educated and a professional, so not sure my money in investments is that safe at all. I will updated this here If I manage to retrieve the money, but at the moment I am £1700 less off.

DancingInTheRain

Oh how awful, that's a big loss, I can imagine how stressful that must be, especially when you were getting the notifications. These scammers are absolute scum 🤬

Sorry to hear Tr@ding212 haven't been helpful but thank goodness you haven't lost all your money. I hope there's some way they can help you be compensated for what's been stolen x