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LJ's Mortgage free road to early retirement

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  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    LouiseJ wrote: »
    Off to sort out DS1s bank account as he turns 17 on Sunday so has to close his childrens savings account *sob*

    Awww hug smiley_emoticons_hug.gif my little boy is 17 soon too:o
  • beanielou
    beanielou Posts: 95,620 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    So is mine:eek:
    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.
  • Ellidee
    Ellidee Posts: 6,216 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    My 'little' boy will be 25 next Tuesday :eek:
    Nothing is so fatiguing as the eternal hanging on of an uncompleted task. William James
  • LouiseJ
    LouiseJ Posts: 11,156 Forumite
    OK, so things didnt exactly go to plan:(

    In a nutshell I have failed one of my AAT exams so will have to re-sit in December which also means that I cannot start the university final honours year of my degree.......:mad:

    Yesterday I was totally gutted, today I am feeling a bit better but still feel like an idiot as I thought I had done OK in the exam.

    Maybe its a good thing in a way as I am not totally excited at the thought of a degree in accounting and finance anyway and would literally be doing it just to improve my career prospects should I be made redundant from work. Gives me time to think and reflect on what I actually want to do.

    Being free of the mortgage debt would allow either me or OH to persue a career change if we wanted to so maybe I should just keep the pressure off myself studywise and concentrate on the job I have.

    Not much going on in moneymaking land but I did sell the wardrobe for £30:)

    Had a good chat with a couple of fantastic friends yesterday and do you know what? I am doing OK, better than OK. Sometimes I feel overwhelmed by some of the dedicated members of this and other forums and I tend to compare myself to them. This needs to Stop!

    I am going to do the best I can with the time I have and try to have some quality of life along the way, not constantly studying, worrying, striving for a better position at work and comparing myself to others.

    I am going to use this diary more as a place for reflection rather than a list of "things I should be doing".

    Just trying to strike a balance here:)
    But these things take time, I know that I'm, the most inept that ever stepped.
  • SmlSave
    SmlSave Posts: 4,911 Forumite
    Part of the Furniture Combo Breaker
    Big ((hug)) hun
    Had a good chat with a couple of fantastic friends yesterday and do you know what? I am doing OK, better than OK. Sometimes I feel overwhelmed by some of the dedicated members of this and other forums and I tend to compare myself to them. This needs to Stop!

    You are doing fine :)
    Currently studying for a Diploma - wish me luck :)

    Phase 1 - Emergency Fund - Complete :j
    Phase 2 - £20,000 Mortgage Fund - Underway
  • beanielou
    beanielou Posts: 95,620 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    LouiseJ wrote: »


    Had a good chat with a couple of fantastic friends yesterday and do you know what? I am doing OK, better than OK. Sometimes I feel overwhelmed by some of the dedicated members of this and other forums and I tend to compare myself to them. This needs to Stop!

    I am going to do the best I can with the time I have and try to have some quality of life along the way, not constantly studying, worrying, striving for a better position at work and comparing myself to others.

    I am going to use this diary more as a place for reflection rather than a list of "things I should be doing".

    Just trying to strike a balance here:)

    So so true hun.
    I ordered new shoes yesterday & refuse to beat myself up.
    I need them & have a thing about tacky shoes because of the way I walk.Just because some peeps seem to be able to never buy anything is right for them & not for me.
    I think you are doing fantastically well.
    Dont let yourself think otherwise.
    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.
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    SmlSave wrote: »
    Big ((hug)) hun



    You are doing fine :)

    Too true :T:T:T It's hard bringing up a family, having a job, etc etc....

    You are wonderful:A and don't you forget it!
  • You are doing really well LouiseJ; keep going :)
    Original Mortgage April 2006 £138,485
    Mortgage December 2011: £106,322
    Mortgage May 2013: £79,900

    Mortgage free goal date: 31st December 2015

  • skint_spice
    skint_spice Posts: 13,420 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    LouiseJ wrote: »
    I am doing OK, better than OK.

    Well spotted:T:T:T! Just keep plodding!
    Mortgage OP 2025 £6250/7000
    Mortgage OP 2024 £7700/7000

    Mortgage balance: £36,210


    Money making challenge £38/400

    ”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)
  • LouiseJ
    LouiseJ Posts: 11,156 Forumite
    A nice long weekend for us with the bank holiday today:)

    Recieved a nice suprise of £50 in Sainsburys vouchers due to me changing home insurance provider and £70 payout due on Tuesday from Quidco. A nice boost to the Christmas/Birthday money neutral pot.

    Very worried about OH job (again) as they have had to be paid late this month and were initially told that they would only recieve 80% of their salary. They are actually going to get the whole amount due but things are starting to become really desperate at his workplace.

    My workplace is no better with threats of redundancies and reduced hours in every department. Lets hope that we have floods of students next week otherwise I know I will be targeted for the very least a reduction in hours.

    We have looked at our finances and thankfully we could still manage if OH wasnt working and I was full time and vice-versa even if I was only working PT we should get help from TC and DS1 would get EMA.

    Our immediate plan of action is to batten down the hatches and should the worst happen we have a little bit of a cash cushion to help us ride out the storm. In a dire emergency we can always draw back some of the overpayments we have made on the mortgage too (it would litereally kill me to do it but its there should we need it).

    So no matter what happens, all is not lost:)
    But these things take time, I know that I'm, the most inept that ever stepped.
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