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Prosperous & Creative Soul Year 4

16768697173

Comments

  • Merlin's_Beard
    Merlin's_Beard Posts: 1,566 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    the "watch art get made" reels always seem very popular, so that's a good idea.

    I can definitely recommend dropping a few hours - it's making a lot of difference to my life! but I'd be careful of using generative AI type models for mathematical modelling and use one specifically designed for numbers, because they work differently (hence all the asking google for a simple sum and watching the AI get it wrong)
    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

    Yes I have recorded myself making some art. Not posted yet but have assembled some videos.

    At hairdressers now. I've booked a make up appointment for after my next one.

    Hoping to record some more videos this weekend. 
    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
  • savingholmes
    savingholmes Posts: 29,089 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    My ISA S&S and Pension investments are happy at the moment. On one of my investments - I have had a 42% cumulative return since I moved my small SIPP a couple of years ago. My main avc is up over 10% compared to the start of the year - even though it had fallen 15% at the worst point of the year. I am however fully invested with a volatility rating of 6/7 which is not for everyone - but feels okay right now as I have defined benefit pensions. 

    It's that thing of earlier in the year - head in hands - what have I done - to now I have the mistaken belief I'm a genius!!  o:)
    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
  • beanielou
    beanielou Posts: 96,885 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Enjoy seeing your DS. 
    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.
  • KajiKita
    KajiKita Posts: 8,604 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    Sounds like the art and the investments are both going well 😊👏

    Glad the printer and scanner is making life easier. Good kit always does! 😉

    Shame about the jewellery costs. Did you like what they did / the results?

    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. 
  • Watty1
    Watty1 Posts: 7,366 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Lovely catch up. All sounds so positive. Nice 
    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 !!
  • jwil
    jwil Posts: 22,584 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glad things are going well :)
    "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
  • Blackcats
    Blackcats Posts: 4,046 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Sounding busy as ever.
    Does your employer have a career break policy?  If you saved up a couple of months worth of your running costs you could take some time off to focus on the business uninterrupted.  Just a thought to let you build up your offering.
  • Merlin's_Beard
    Merlin's_Beard Posts: 1,566 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Sounds very full on! Enjoy the time with DS while he's still within reach, and the art sounds like it's going well
    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
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