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That’s amazing on so many levels.rtandon27 said:A couple of days late, but have paid 7of10 of the mortgage overpayments for this year. Looking at our financial situation, I could atm pay off the entire mortgage and have 6 months of expenses in the bank. It also means I could pay off my mortgage and then go down to 4 days a week permenantly should it be needed!
Progress is...
...knowing that if push came to shove, I could quit and still be 'OK'...
...life would be decidedly boring, but I could escape the rat race!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.2 -
What a wonderful (and hard worked for) position to be in. I am so pleased for you 😊👏
KkAs at 15.09.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £230,969
- OPs to mortgage = £12,270 Interest saved £5,816 to date
Fixed rate 3.85% ends October 2030
Read 51 books of target 52 in 2025, as @ 17th September
Produce tracker: £389 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.2 -
This is amazing RT! Well done!rtandon27 said:A couple of days late, but have paid 7of10 of the mortgage overpayments for this year. Looking at our financial situation, I could atm pay off the entire mortgage and have 6 months of expenses in the bank. It also means I could pay off my mortgage and then go down to 4 days a week permenantly should it be needed!
Progress is...
...knowing that if push came to shove, I could quit and still be 'OK'...
...life would be decidedly boring, but I could escape the rat race!
Fortune x
https://forums.moneysavingexpert.com/discussion/6623005/happy-days-in-our-golden-years/p1?new=1
Working at Living2 -
wow what an achievement indeed!rtandon27 said:A couple of days late, but have paid 7of10 of the mortgage overpayments for this year. Looking at our financial situation, I could atm pay off the entire mortgage and have 6 months of expenses in the bank. It also means I could pay off my mortgage and then go down to 4 days a week permenantly should it be needed!
Progress is...
...knowing that if push came to shove, I could quit and still be 'OK'...
...life would be decidedly boring, but I could escape the rat race!DON'T BUY STUFF (from Frugalwoods)
No seriously, just don’t buy things. 99% of our success with our savings rate is attributed to the fact that we don’t buy things... You can and should take advantage of discounts.... But at the end of the day, the only way to truly save money is to not buy stuff. Money doesn’t walk out of your wallet on its own accord.
https://forums.moneysavingexpert.com/discussion/6289577/future-proofing-my-life-deposit-saving-then-mfw-journey-in-under-13-years#latest3 -
That’s brilliant, knowing you can walk away is priceless.Sealed pot challenge 822
Jan - £176.66 :j3 -
That's an excellent position to be in RT, well done!Mortgage free 16/06/2023! £132,500 cleared in 11 years, 3 months and 7 days
'Now is no time to think of what you do not have. Think of what you can do with what there is.' Ernest Hemingway3 -
Brilliant - well done on putting yourself in such a good position. I was thinking about the copy of the letter that was sent to the GP you had several years ago. Isn't that a data protection issue? Surely when you changed GPs that info should only go to your current GP?I think a bit of sunshine is good for frugal living. (Cranky40)
The sun's been out and I think I’m solar powered (Onebrokelady)
Fashion on the Ration 2025: Fabric 2, men's socks 3, Duvet 7.5, 2 t-shirts 10, men's socks 3, uniform top 0, hat 0, shoes 5 = 30.5/68
2024: Trainers 5, dress 7, slippers 5, 2 prs socks (gift) 2, 3 prs white socks 3, t-shirts x 2 10, 6 prs socks: mostly gifts 6, duvet set 7.5 = 45.5/68 coupons
20.5 coupons used in 2020. 62.5 used in 2021. 94.5 remaining as of 21/3/224 -
@greenbee - thank-you hun - I do my reviews in bits and pieces which is why sudden revelations like 'I could quit if I needed to' suddenly come to light!
@beanielou - it is quite an eye opener & a testament to living fugally and below one's means!
@KajiKita - thank-you, yes definately hard work but the peace of mind that revelation gave me was worth it!
@Fortune_Smiles - thank you for popping in my luv - I remember how delighted we all were when your jouney brought you to the point where you decided to pay your's off! I'm not ready to do that but again, peace of mind is an amazing thing!
@LadyWithAPlan - thank-you so much! great to 'see' you pop in!
@dawnybabes - indeed it is amazing not only to realize that I could if I wanted to, but that I actually do like working even more when I know 'it would all be fine' if I decided to change paths!
@themadvix - Thanks Vix - options are priceless, there is nothing worse than feeling tied down to working in less than ideal circumstances!
@Cherryfudge - thank you for popping by with such an astute thought! You are of course spot on and I will add that to my points for the letter of complaint that will be drafted up this weekend!
So much as my realization means that I now have peace of mind, the reality is that it would mean wiping out ALL our savings & investments in order to do so & then living even more frugally than we do now! So as I am rather fond of the odd treat, including the odd lotion & potion, the job still holds a place in my everyday.
What the realization actually does is bolster my self-confidence for a long delayed meeting with HR & my current manager regarding my experience at the workplace since she came on board, especially in relation to disability in the workplace. I shan't say much more on this, but I'm sure it's clear what my stance is given some of my more vocal rants on the subject!!! - I will just say that self-advocating is the last thing I expected to have to do given our values & ethics code of conduct!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)New projection - 14 YEARS 7 MONTHS LEFT OF 20 YEARS (reduced by 17 mths)Psst...I may have started a diary!8 -
What an incredible sense of freedom, just knowing that if push came to shove, you could! Especially if you have an upcoming meeting where you remind your grandmother that she should be capable of sucking eggs.
Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
Current mortgage amount: £226,957.97
Start student loan 2012: £29,750; current student loan: CLEARED July 20252 -
@rtandon27 do you belong to a union? I'm sure you'll negotiate wonderfully but it sounds as if toxic, probably illegal, practices may well be afoot. A union could speak up for the less well-informed or confident people. What a huge achievement love Humdinger xx3
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