julicorn's journey

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  • julicorn
    julicorn Posts: 2,279
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    Quick update: I weirdly got paid a day early (slightly less than what I thought I would, but I realised that's probably my increased pension contribution finally kicking in!), so made another overpayment of £600 (total this month so far: £650). When Mr julicorn gets paid tomorrow, we should be able to hit our £1,200/month goal, and fund our goals for next month as well. :)
    Original mortgage: December 2017, £203,495
    MFW start: April 2018, £201,800
    Mortgage neutral: September 2022, mortgage redeemed: December 2022
    New house, new mortgage: December 2022, £276,007
    Current balance: £217,800 minus £8,300 overpayment savings pot
  • femina
    femina Posts: 16 Forumite
    Nice over-payments you got there! :)

    I've also started looking into S&S ISAs, but I need to do a lot of research before dipping my toes in it...
  • julicorn
    julicorn Posts: 2,279
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    Thank you femina! :heart2:

    As for the S&S ISA, we'll keep it simple and put money into a fund rather than trying to manage it in any more complex way, at least for now. I'm thinking Vanguard Life Strategy 60 or maaayyybe 80.
    Original mortgage: December 2017, £203,495
    MFW start: April 2018, £201,800
    Mortgage neutral: September 2022, mortgage redeemed: December 2022
    New house, new mortgage: December 2022, £276,007
    Current balance: £217,800 minus £8,300 overpayment savings pot
  • beanielou
    beanielou Posts: 89,801
    Academoney Grad I'm a Volunteer Ambassador Mortgage-free Glee! Name Dropper
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    Great news on the OP :)
    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.
  • julicorn
    julicorn Posts: 2,279
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    Thank you beanielou! :heart2:
    Original mortgage: December 2017, £203,495
    MFW start: April 2018, £201,800
    Mortgage neutral: September 2022, mortgage redeemed: December 2022
    New house, new mortgage: December 2022, £276,007
    Current balance: £217,800 minus £8,300 overpayment savings pot
  • greent
    greent Posts: 10,668
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    Well done on the OP :)

    I've got a Vanguard fund ISA - it's a retirement option one though (I think it's 2030, from memory) Only had it 3 months so far :D I took ages to choose between the Life Strategy or the Retirement one :)
    x
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) 01/09 £124616 01/11 £89873 01/13 £52546 01/15 £12133 07/15 £NIL
    Net sales 2024: £20
  • julicorn
    julicorn Posts: 2,279
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    Thank you greent!

    I'm half eyeing up the retirement plan as well, but don't have particularly concrete plans for a retirement date just yet, which is making me lean towards a Life Strategy fund instead. What made you pick the retirement fund in the end, if you don't mind me asking? :)
    Original mortgage: December 2017, £203,495
    MFW start: April 2018, £201,800
    Mortgage neutral: September 2022, mortgage redeemed: December 2022
    New house, new mortgage: December 2022, £276,007
    Current balance: £217,800 minus £8,300 overpayment savings pot
  • julicorn
    julicorn Posts: 2,279
    First Anniversary Name Dropper Photogenic First Post
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    Just managed to make the other overpayment, so we've managed to hit our goal of £1,200 for September. :)
    Here are all the goals and where we're at (note that Budapest has for now been swapped out for a trip to Center Parcs - we'll start funding our trip to Budapest in December instead, which still gives us enough time to hit our goal).

    Center Parcs: £800/£1,000
    Maintenance fees: £500/£500
    Home improvements: £500/£1,000
    OP September: £1,200/£1,200
    Original mortgage: December 2017, £203,495
    MFW start: April 2018, £201,800
    Mortgage neutral: September 2022, mortgage redeemed: December 2022
    New house, new mortgage: December 2022, £276,007
    Current balance: £217,800 minus £8,300 overpayment savings pot
  • beanielou
    beanielou Posts: 89,801
    Academoney Grad I'm a Volunteer Ambassador Mortgage-free Glee! Name Dropper
    Ambassador
    Well done :)
    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.
  • julicorn
    julicorn Posts: 2,279
    First Anniversary Name Dropper Photogenic First Post
    Forumite
    Thanks so much! :heart2:
    Original mortgage: December 2017, £203,495
    MFW start: April 2018, £201,800
    Mortgage neutral: September 2022, mortgage redeemed: December 2022
    New house, new mortgage: December 2022, £276,007
    Current balance: £217,800 minus £8,300 overpayment savings pot
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