Author Topic: Bursting to share ...  (Read 3979 times)

Slow road to freedom

  • Bristles
  • ***
  • Posts: 288
  • Location: UK
Bursting to share ...
« on: June 28, 2018, 03:17:11 PM »
Hi Everyone

Today has been a milestone for the Slow Road family.... we are now officially ‘debt free’ !

No mortgage or any other form on enslavement :-)

Had to share. I realise this is just one step to FI, but I couldn’t let it pass.

Thanks for your [often] indirect and direct support. Progress is being made.

Slow Road ...

BeardedMustache

  • 5 O'Clock Shadow
  • *
  • Posts: 52
Re: Bursting to share ...
« Reply #1 on: June 28, 2018, 03:48:46 PM »
Definitely badass! Many many many congrats

Serendip

  • Handlebar Stache
  • *****
  • Posts: 2214
Re: Bursting to share ...
« Reply #2 on: June 28, 2018, 03:58:18 PM »
Congratulations!

Phryne

  • 5 O'Clock Shadow
  • *
  • Posts: 79
Re: Bursting to share ...
« Reply #3 on: June 29, 2018, 04:26:45 AM »
Well done!!

That’ll definitely be a key milestone towards our RE, can’t wait!!

marty998

  • Walrus Stache
  • *******
  • Posts: 7372
  • Location: Sydney, Oz
Re: Bursting to share ...
« Reply #4 on: June 29, 2018, 04:28:17 AM »
Congrats!

How much debt did you have and how did you pay it off?

joonifloofeefloo

  • Magnum Stache
  • ******
  • Posts: 4865
  • On a forum break :)
Re: Bursting to share ...
« Reply #5 on: June 29, 2018, 05:09:44 AM »
AWESOME!!!!!! Way to go :))))))

katekat

  • Handlebar Stache
  • *****
  • Posts: 1455
Re: Bursting to share ...
« Reply #6 on: June 29, 2018, 05:09:47 AM »
congratulations!

dude

  • Handlebar Stache
  • *****
  • Posts: 2369
Re: Bursting to share ...
« Reply #7 on: June 29, 2018, 06:20:19 AM »
Hi Everyone

Today has been a milestone for the Slow Road family.... we are now officially ‘debt free’ !

No mortgage or any other form on enslavement :-)

Had to share. I realise this is just one step to FI, but I couldn’t let it pass.

Thanks for your [often] indirect and direct support. Progress is being made.

Slow Road ...

Hmm, because you paid the mortgage off, or because you sold and moved into a rental?

nurseart

  • 5 O'Clock Shadow
  • *
  • Posts: 81
Re: Bursting to share ...
« Reply #8 on: June 29, 2018, 06:53:02 AM »
congrats!

mspym

  • Walrus Stache
  • *******
  • Posts: 9826
  • Location: Aotearoa
Re: Bursting to share ...
« Reply #9 on: June 30, 2018, 04:02:26 PM »
That is GREAT, nothing but upwards from here!

flower_girl

  • 5 O'Clock Shadow
  • *
  • Posts: 35
  • Location: NZ
Re: Bursting to share ...
« Reply #10 on: July 01, 2018, 02:11:49 AM »
Excellent.  Congratulations!

Slow road to freedom

  • Bristles
  • ***
  • Posts: 288
  • Location: UK
Re: Bursting to share ...
« Reply #11 on: July 01, 2018, 10:03:01 AM »
Thanks for your kind words :-)

Debt was mostly mortgage, paid off by overpaying whenever possible. I was lucky enough to receive a bonus this year, and put that straight against the outstanding amount.

When I first stumbled across MMM (2016 - whilst on holiday) we had nearly £100k outstanding. Today we own our house (and everything else around us).

I try not to regret, but I wish I’d come across MMM sooner!

Lordy

  • Stubble
  • **
  • Posts: 157
  • Location: Germany
Re: Bursting to share ...
« Reply #12 on: July 01, 2018, 10:11:34 AM »
Congratulations!

Try to keep the momentum and start investing the money you would have otherwise put towards your mortgage.
Good luck!