2008 MFW newbies

bellsbells · 2 January 2008 at 11:07PM

Welcome to the thread for everyone starting their MFW journey in 2008. Please feel free to join at any time and your name will be added to the list along with any specific overpayment goals you have for the year. I will do an update each month on our progress so we can see how we are all doing and offer each other support, ideas and encouragement!

There is no cut off point for joining the thread and the challenge (except the 31st December:rotfl: ) so if at any point this year you are ready to start working on becoming mortgage free please join us! Your target can be as specific or general as you like.

Good luck to all!

Goal for 2008/general aims Total so far this year Total for December
1. Martinslovechild - MFW Graduate
2. Poppyosaur - £2000 overpayment £1666 £
3. SPL - £5000 overpayment £11652.24
4. Elantan - £2000 overpayment £1146 £
5. Newmoneysaver - £1500 overpayment £3576.90 £
6. Lumpy Custard - Reduce mortgage to £20K £9200 £
7. Wheelies - £343.20 overpayment £117.20 £
8. Daft Pegasus - Reduce mortgage by £12000 £7010 £
9. Ms Cat - £2000 overpayment by end Nov £700 £
10 MF2015 - £8900 overpayment £3750 £
11. Hummingbird - £4685 overpayment £800 £
12. TEENY -
13. Bellsbells - £2500 overpayment £1900 £30
14. Atypicalblonde - £2500 overpayment £0 £
15. Frugalfreda - Overpay as much as possible £3000 £
16. Di-Dough - £3000 overpayment £1779.11 £119.28
17. Torbrex - MFW Graduate £2000 overpayment £11223.33 £5925.36 Became MF October 2008
18. Violet Blue - Reduce mortgage to £23000 £15474.75 £343 Target reached - mortgage now £22,824.94
19. Belfastgirl23 - £2500 overpayment £17974 £280 TARGET ACHIEVED!!!!
20. LouiseJ - £3720 overpayment £3740 £270 TARGET REACHED!!!
21. Thriftyget - Sub 30K by end of year
22. Jay1 - Overpay as much as possible
23. Squiggly Diddly - Overpay something each month £500 £
24. Kazzieg - Clear £35k mortgage
25. Zavarony - £3000 overpayment £3200 £372 TARGET REACHED!!!
26. Stripey Cheese Skirt - £3000 overpayment
27. SALTY69 - £3600 overpayment £700 £
28. Emma_Nottingham - £1600 overpayment by 2/11 £1361.35 £
29. Macka0 - Pay off £5000 by October £1500 £
30. Kezza12 - £3000 overpayment £3200 £200 TARGET ACHIEVED!!!
31. Lifebegins - £6000 overpayment £2000 £
32. George_jetson - MFW Graduate - became MF July '08
33. Chrisbee - £600 overpayment £50 £
34. Sheslookinhot - Reduce mortgage to £13000 £4049 £325 Mortgage now 13500
35. Intheblackfinally -
36. DrGUID -
37. Lauren565 - £5000 overpayment £1,132 £
38. Cazzdevil -
39. Twinklie - £
40. Alion - £3000 overpayment £3000 £500 TARGET ACHIEVED!!!!
41. Aliportico - £2000 overpayment £800 £
42. Steveswift - £4000 overpayment £2063 £
43. Tootallulah - £4500 overpayment £3445 £
44. Angel81uk -
45. Howskint? - £3500 £ £
46. Freaky-di - £1500 overpayment
47. Broomstick27 - £500 £
48. Gazella77 - £2000 overpayment £490 £
49. Alli_baba2 - £4500 overpayment £4500 £ TARGET REACHED!!!!!
50. Loomacdon - overpay as much as possible £4427.48 £
51. Bargainhunter - £2400 overpayment £2279.59
52. I,m Sad - £ £ £
53. Clockwatcher - £500 overpayment £600 £
54. Maximumtime - £4000 overpayment £ £
55. Hawksmuir - £1000 overpayment £1000 £200 TARGET REACHED!!!!
56. Courgette - £2000 overpayment £2219.47 £ TARGET REACHED!!!!!
57. Sofasurfer - £5000 overpayment £50 £
58. Teasel26 - £1000 overpayment £ £
59. 49clare - £ £800.44 £
60. ShakyStoozer - £ £ £
61. ShreksBodyDouble - £1000 overpayment £750
62. IDN101 - £ £ £
63. Sosh - £4000 overpayment £7807.79 £2588.16 TARGET ACHIEVED!!!!
64. Oggieinglos -
65. Steve-o - £7200 overpayment
66. Daisydog - £
67. Skint2008 - £
68. Mischiefmaker - £1000 overpayment £40 £
69. Courgette -
70. Gillybean - £2000 overpayment £100 £
71. Birdstill - Reduce mortgage by 20k £15K £
72. Bigadd - Overpay by £3564 £ £
73. Bubblette - Offset as much as possible
74. Gustavlebon -
75. Pollys - £2400 overpayment £6090 £655 TARGET REACHED!!!!!!
76. Savvymummy - £1000 overpayment £197 £
77. Overthetop - £5130 overpayment £5130 £ TARGET ACHIEVED!!!!!
78. Snaggles - Get mortgage to below 32k £1531.83
79. Oompahloompah - £ £ £
80. Dingling68 - £1500 overpayment
81. Abouttimetoo - £2700 overpayment £4900 £804.17 Target achieved!!!!!
82. Sreppaw -
83. Aliwal - £1000 overpayment
84. Zebedy - £5000 overpayment £6570.77 £300 TARGET REACHED!!!!
85. Mustafa Say Ving - £5000 overpayment £585 £
86. Mrs Binsky - £6000 overpayment £3000 £
87. Mitchg - Mortgage free this summer
88. Shawtj2 - £600 overpayment by March '09
89. Bedhair - £1500 overpayment £300 £
90. Redmadcurls -
91. Moneysavingwannabe - £2250 overpayment £1039.60 £
92. Ilovecookies - Overpay as much as possible
93. Warrior Princess - £4000
94. Fuzzipeg - Reduce mortgage by 9K £4000 £
95. Shirlgirl - Overpay £22500 £21030.69 £1000
96. SuiDreams - £500 overpayment £380.85 £
97. Welshlassie - £240 overpayment £1015.90 £268.52 TARGET ACHIEVED!!!!!!
98. Jobags - Overpay 40K £34186 £
99. Laurar3 - £1500 0verpayment £1347 £
100. Cookie334 - Overpay £600 £334 £
101. Petscomer176 - Overpay £500 £152 £
102. Hels50 - Reduce mortgage to sub 60K
103. Vespa Rider - £3000 overpayment
104. Fluffysox - £2000 overpayment £4939 TARGET REACHED!!!!!!!
105. AJ1982 - £5000 overpayment
106. Noodles42 - £2000 overpayment £3257.50 £800 TARGET REACHED!!!!!
107. Gifford - £10000 overpayment £5000 £
108. Sportyjd - £1250 overpayment
109. Tro127 - £2008 overpayment £855 £
110. TurnaroundSue - £2000 overpayment £2135.70 TARGET REACHED!!!!!
111. LindsayO -
112. Floxxie - Mortgage down to 90K (target - £16433.79) December = £88446£17987 paid off TARGET ACHIEVED!!!!
113. Lilmil - £2500 overpayment £1160 £
114. Sunny Donny - £120 overpayment £250 £28.50 TARGET REACHED!!!!
115. Ferguwat - £500 overpayment £540 £90
116. Nic283 -
117. Want2beMF -
118. Shineyhappy - £5000 overpayment £1000 £
119. Herewegoagain - £4440 overpayment £7736.70 £
120. Llydaw - £2500 0verpayment £1192 £
121. SnaxO -
122. PsychoPrincess - £5952.60 overpayment £180 £
123. Zekepes - £12500 overpayment £3000 £
124. Newbird -
125. Lunar Eclipse -Reduce mortgage by £100K £97K £
126. 2latenow - Reduce mortgage to £200k in 3 yrs £6039
127 Gladriel - £300 overpayment £1500 £
128. Optimisticpair -
129. Nellis10 - Overpay by £3000
130. Moominyak - Overpay by £2000 £1328.86 £28.91
131. Bernlyn -
132. Lilac Pixie -
133. Moniker - £6000 overpayment £6000 £500 TARGET ACHIEVED!!!!!!
134. Polesana -
135. Little Orange - Overpay by £1500 £282.41 £
136. Montillababe -
137. Leokiss -
137. LA83 - £130
138. Fivefifty - Pay off mortgage in 3 years
139. Topov - Overpay by £3000 £1000 £
140. Debjk -
141. Sky-blue pink - £1650 £
142. Julie - Overpay by £9000 £3950 £
143. I, Brian - Overpay by £6000
144. Jexybird -
145. Lizziebell*80 -
146. Samantha1985 -
147. Earthgirl - Overpay by £6000 £5000 £
148. Gaz2202
149. J4m35 - £3310 £
150. Maslowe - £750 £
151. Kevjarvisuni - £2000 overpayment £600 £
152. Kazzys51 -
153. Longway2go -
154. Cake21 - £6000 overpayment £6046 £360 TARGET REACHED!!!!!
155. Frazzmunch - £600 overpayment £771 £
156. TraceyJ -
157. Uzubairu - £5000 overpayment £5275 £775 TARGET REACHED!!!!
158. Waves117 - £6500 overpayment £6859 £1000 TARGET REACHED!!!!
159. Nuzzie -
160. Lister -
161. Licapica - £1050 Overpayment
162. Ema_O -
163. Mortgageslayer - Current Mortgage = 121000 Targer = 110000
164. Trudypretty - £100 £
165. AuntieH -
166. CountingPenniesClaire -
167. KittyKat - £250
168. ShelleyC - £250 £2500 £1500 TARGET REACHED!!!!!
169. Marrers -
170. Litespender -
171. Ojakappi - £1200 overpayment £1200 TARGET REACHED!!!!
172. Gazella77 - £2680

SPL · 3 January 2008 at 12:11AM

hi bells bells

thanks for your post and would like to join you and everyone else on this quest

i am hoping to overpay £5000 in 2008 made first payment yesterday of £499 so on track at the moment !!

great to get support of others on the forum

Good luck and best wishes to everyone

elantan · 3 January 2008 at 10:16PM

hi bells bells and spl it feels great thinking about getting rid of the mortgage and not the car loan/ visa card/overdraft doesnt it ?

i have to admit i havnt set myself a target to pay off this year (maybe i should) i am currently saving towards paying off the mortgage quicker having rainy day savings savings for a new car etc etc i know though that every pound i pay extra to the mortgage is gonna be less money i have to give to the bank and the earlier i can think of all the fun i'm gonna have when i retire so i will deff be looking to pay as much as i can to the mortgage

good luck everyone on their journey if there is even half the amount of support on here (and from what i have experianced so far the support is just as much) as there is on the dfw board were all sorted

SPL · 3 January 2008 at 10:53PM

hi elantan

yes absolutely agree it is a very good feeling to think about not having a mortgage one day and i am now think about it before I spend anything i will have to be careful that this does not become a serious obsession :rotfl:

to be honest before i read the thread i had not got a figure in mind just knew wanted to pay off as much as i could, but actually putting a figure down in black and white for me and others to see has made me more determined guess i am the kind of person to thrive on hitting a target!!

it is also great to be with like minded people as just really helps the motivation

here's to a great 2008 cheers :T

elantan · 3 January 2008 at 11:10PM

i think i will need to think of a figure as i agree with you i think it will make a difference i have my snowball pig on the go already and will work out how to do the photo idea i saw one on the mortgage pig thread and it looked stunning but i am totally hopeless with p.cs so no doubt will need to get some help lol

bellsbells · 4 January 2008 at 9:26AM

I like the photo idea as well - anything that helps motivate us!

SPL · 4 January 2008 at 10:19AM

sorry - probably an ovious question but i must have missed the thread - what is the photo idea??

newmoneysaver_2 · 4 January 2008 at 10:32AM

I'm new here too! I must admit I'm more of a lurker than a poster (here, OS & DFW). I don't have a target in mind, I just want to pay whatever I can. I have set up a standing for £100 and the first overpayment should be taken tomorrow, then I will move over as much as I can at the end of every month. This month I have a small amount of credit card balance to pay off, but at least I now at least a hundred pounds will be knocked off every month.

LumpyCustard_2 · 4 January 2008 at 11:08AM

I mostly lurk too, on the same forums. I suppose I've been a MFW in practice about 18 mths now, when a 10 year savings scheme matured and I was able to pay off about a third of my mortgage. Since then I've been overpaying it every month. My real goal for this year is to get rid of it altogether, but since that depends on how my work shares perform, I've set a goal of reducing it to £20K by the end of a year, which means a £600 overpayment per month.

setmefree2 · 4 January 2008 at 12:40PM

Good luck to you all:j:j:j:j:jand welcome:money:

wheelies_3 · 4 January 2008 at 12:53PM

I've been a lurker on here for over a year but only registered yesterday.

I will be aiming to overpay by £343.20 in 2008. I know this looks a small amount but it is all I can afford (£28.60 per month).

With the £2 coins and the mortgage pig (old coffee jar!) it should be more.

2008 MFW newbies

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