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An End Has A Start-HiddenHen's MFW diary
Comments
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Tilly_MFW_in_6_YRS wrote: »Hi HiddenHen, I can understand why your OH would want to pay off parents first.
How about doing a grocery challenge, clear the loft and eb@y, car boots, surveys, P!nec@ne, Sh@p and Sc@n and use that money to OP the mortgage. Then salary could be used for the parents? It's difficult trying to stretch the money I know.
Good luck with your plans.
Tilly x
I could definitely do with reigning in the spending for food shopping. At present we are spending about £50 a week for the two of us but I know we could easily get this down to £35 a week.
Clearing the loft etc is definitely something else we need to do. It's actually a job I've got planned for when I have a week off work in June. It definitely sounds like a good plan to add all these 'extras' onto the mortgage OP for now whilst we pay his parents back.
Thanks for all the tips. I'm already finding these boards to be really helpful and supportive
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Hello all,
Spurred on by the suggestions of all you very helpful people on these boards, I have been having a think about what could help us to achieve our goal.
-make sure our money is working for us. I know that our ISAs/savings have really poor interest rates and it's only out of laziness that we haven't done anything about it yet.
-Have a good clear out and get our unwanted bits sold/donated.
-Reactivate my accounts with survey sites. I generally do sw@gbucks every day at the minute but know I used to do others a couple of years back.
-make sure I check £co and TCB when shopping online
-meal plan and stick to it!
-cancel gym membership. I don't use it as often as I used to and the money could definitely be used for OP.
Whilst on my lunch break today I managed to check in to several places on £co and earnt 80p. Every little helps I suppose.
HiddenHen0 -
Good evening HiddenHen (and welcome to the boards).
There are quite a few fans (myself included) of the S@ntander 123 current account (3% gross interest on balances of £3k-20k, cashback on household bills paid by direct debit etc.)
It's one of the better homes for spare money at the moment.
Congrats on cancelling the gym account - best to be honest to yourself and save the money. Mrs E finally cancelled hers after going 3 times in a year. At least it was a budget gym :rotfl:0 -
Hi edinburgher. Thanks for stopping by. I'll have to check out that account and see if we can make it work for us.
I have been lurking on these boards for some time and yours, along with a few others, are diaries that I really enjoy reading. I'll have to come out of lurkdom and start posting on them.
Hope everyone's having a good evening0 -
well done on your first op! I made my first last week MFW.....Apr 33 Aim - Dec 260
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Morning HH,
Well done you for reading Tilly's diary beginning to end - that must have taken a while!!
I've just made my first OP too on 1 May - rounded my monthly payment up to £500 so only overpaying by £39 to start with. Aiming to clear off my car finance by Feb 2014 and then snowball the £207 / month payment onto the mortgage.
Looks like you've got off to a flying start. I've subscribed to your thread. Pop around for coffee whenever!!
TxMortgage at end 05/2007: £90200
Mortgage at end 08/2018: £71646 paid £18354 (20.5%)
MFD: :eek:Original:05/2042:eek:
Car Finance: £8225 : £6392 (22.2% paid off)
CC Debt (0% until 06/2020): £5640 : £4400 (21.7% paid off)
Age of Money at 31/08/2018 = 23 days
YNAB is changing the way I live my life....and spend my money!!0 -
Hi tootoo and Thistlewhistle. Congratulations on the first OP.
Nothing much to report on the MFW front. I'm currently waiting until Friday when my expenses from work will be paid and I can make my second OP.
I have the house to myself tonight, so I'm off to watch some trash on the tv.
HiddenHen x0 -
Just a quick post before bed, although not much to report. I got up late so didn't make myself anything for lunch so spent £3.70 on my food today. Also been out to a gig this evening and only spent £1 all night. Another small OP is planned for tomorrow.
HiddenHen0 -
I have read on the old school boards of people making large batches of sandwiches and freezing them so you can just grab them in the morning. I don't do this for dd/dp but make them the night before and tend to use frozen bread/rolls. I cut the rolls is half before I freeze them so just butter and fill them still frozen the night before then stick them in the fridge ready to grab on the way out the door in the morning. I also tend to make & freeze pancakes/scones/muffins etc and then these can just be grabbed too.Jan 2013-£140,231.65
Jan 2014-£120,081.940 -
Thanks fothers365 I will have to give that a go.
Well I have made an OP of £35 to the mortgage this morning. It's not much in comparison to most people on here but I figure that an OP is an OP and it all helps.
Hope everyone has a good day. Happy Friday everybody 0
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