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Am I too young to be mortgage free?

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Comments

  • horsewithnoname
    horsewithnoname Posts: 1,201
    1,000 Posts Fourth Anniversary Name Dropper
    Forumite

    so you didn’t go to school and won’t get a state pension?

  • South_coast
    South_coast Posts: 6,726
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Forumite

    Well yes of course I went to school, but it was rather a long time ago! I also went to University, paid my own way through and have settled my loan in full. But we're not here to talk about me, or indeed you. We are all here to offer different perspectives and suggestions, which is what I hoped I was doing

    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
  • SDteach
    SDteach Posts: 2
    Second Anniversary First Post
    Newbie
    edited 21 October at 9:11PM

    Thanks for all your input. Lots to think about. In terms of reducing hours this would be temporary as I do have ambition for promotion but recently been considering going 4 days for 2 years and enjoy a better work life balance for now.

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