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Prosperous & Creative Soul Year 4

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Comments

  • Watty1
    Watty1 Posts: 7,366 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Wow to AVCs. You are really rocking this now!
    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 !!
  • lucielle
    lucielle Posts: 11,610 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sounds like you’ve got everything covered. Brilliant AVCs
    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
  • beanielou
    beanielou Posts: 96,885 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Those AVC’s. Wow. 
    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.
  • jwil
    jwil Posts: 22,588 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Enjoy your weekend :)
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • doingitanyway
    doingitanyway Posts: 10,481 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Mortgage-free Glee!
    Your finances are looking great
    I think put the art first then do the house second...
    I've obviously missed something as you used to have a cleaner?
    If you have built castles in the air, your work should not be lost; that is where they should be. Now put the foundations under them

    Emergency fund 350/1000
    Buffer fund 100/100
    Debt Free (again) 25/07/2025
  • Blackcats
    Blackcats Posts: 4,046 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    I'm in awe of you being able to paint a portrait!

    I've been doing 10 minute bursts of housework related tasks or de-cluttering tasks and I'm finding that I am quite happy to do it and it is  making a difference.  Set a timer for 10 minutes or make yourself a 10 minute playlist or listen to a 10 minute podcast.  

    Hope you treated yourself to a nice lunch.
  • Merlin's_Beard
    Merlin's_Beard Posts: 1,566 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Podcasts are definitely my way of getting through housework - keeps my brain busy and occupied!
    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 2025
  • savingholmes
    savingholmes Posts: 29,089 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks Merlin, Jwil, DIA, Blackcats

    Yes I use podcasts or listening to books to get me through decluttering / cleaning / tidying. I took the kids surplus stuff to charity a week ago. 

    DIA - I've struggled to hold on to a cleaner more than a few weeks here. So I decided to focus on radically decluttering and organising in the hope that a) either I can keep it clean and tidy (not quite there yet) or b) it's in a good enough state that prospective cleaners don't run away at the first opportunity.

    DD came this weekend and helped me collapse a table which I then took to the tip. It makes the space function so much better - i.e. with less stuff rather than more. I treated her to a meal and gave her some £. It was quite a lengthy trip for her to come and help and it was much appreciated.

    Blackcats - I'm still learning how to do portraits - but I'm improving. I'm pretty pleased with it. I still need to adjust the hair and the background but I  think the hardest part - capturing a likeness has been achieved - so I feel more relaxed. It also feels warm and intimate - and I hope radiates joy and acceptance - so hopefully the 'subjects' will be pleased. I took the photo - and captured the perfect moment for a 'candid' shot - which is what it is based on. I'd like their consent to use it as an advertising tool once it's complete. I'm hoping that it could then result in commission work which while scary would be the logical next step in growing my 'brand'.

    I still haven't launched my business. I have registered for data prot (£52) so that's another compliance box ticked. I've found an insurer - around £200 - but want to check if that only covers the media side or whether I'd be covered for art too. If not, I've seen that elsewhere for £90ish. I'm hoping once I upload those docs I can get the bank to finally sign off on my account. I also need to get new tax activation codes as the other one ran out 10 days ago... With ai help I've drafted some newsletters - so other parts of my launch plan are coming together. It even suggested something I could use as a lead magnet.... The world is changing fast!!! Harnessing the tools available is the only way I'll ever going to launch though as there is so much to do!! 

    I need to update my £. While some money went into savings automatically - with my business spends I'm likely to have to raid savings. 

    On social connection I went and met someone for lunch that I'd met through an art group. Progress for me.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £171.8K Equity 36.37%
    2) £2.6K Net savings after CCs 10/10/25
    3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
    (If took bigger lump sum = 60.35K or 47.6%)
    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 £5K updated 10/10/25
  • KajiKita
    KajiKita Posts: 8,604 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    That all sounds like steady progress to me and am I right in thinking that this reflects a positive shift in your relationship with DD since she moved out? 😊

    Was the lunch good?

    KK
    As at 15.10.25:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £229,702
    - OPs to mortgage = £12,345 Estd. interest saved = £5,863 to date
    Fixed rate 3.85% ends October 2030

    Read 62 books of target 52 in 2025, as @ 4th November 
    Produce tracker: £426 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. 
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