Mortgage Free by April 2017

Its November already! I can almost smell Christmas! Here's the totals for October!.

Airbnb: £488 – A 100 increase on last month! A couple of longer midweek bookings which helps bolster the total. Hopefully one of them will be booking again for next week too. Already 10 days booked in November.

Adsense from Youtube: £47.82 – A little bit higher again than last month. I often find advert revenue creeps up towards Christmas as companies ramp up their budgets for marketing. 2 videos in the works for this coming week.

Amazon Affiliates from Youtube: £14.73 – 624 clicks and 15 items ordered. Lots of blenders as usual, but some other items include a winter parka packet, various flavours of syrup (caramel, hazelnut, vanilla) and 1kg of protein powder!

Solar Panels: £49.14 – We are heading straight for the depths of winter! Not only does this mean less money from the feed in tariff, but it also means we will be paying for electricity during the daytime and paying for gas to heat the water. Sad times.

Matched Betting: £36 – Champions league games started but only a couple of “easy” bets this month. Leicester and Manchester city games netted me an easy profit. Hopefully this will ramp up when the knock out games start. Just hope the british teams stay in!

Thats a grand total of £635.69 earned outside of work in October, back up to our usual levels in main thanks to Airbnb picking up again.

Starting this month the side hustle will be going straight into our monthly overpayment which we will be doing towards the end of each month after both our paydays have passed. I will be doing an overpayment update to detail it each month. Still on track for April 2017!

Merry November everyone!

kitjos wrote: »

Hi Jim! Such a great thred to read through . We're a wife & husband duo too and are about the same ages (28/31), we have two kids which slow the money front down but looking at your thread gives me the push i need to press on . We've just sent 8k OP off (also on 10% per year) - not too far from 99k now. Did you find it got easier (if thats the right word??) once you got out of the 100k bracket? Our house is worth roughly 208k and got 107k left to pay off. We are hoping to do it in 4-5 years from now.

Ill be eagerly watching your thread :T. An 48k is AMAZING! Good luck with obliterating the other 20k

X

In some ways it got easier, eg more of the regular payment came off the capital. But it was also more restricting as the 10% limit really held us back. The more you pay off, the less that 10% is.

Sounds like you are almost in the exact same position as us a couple of years ago! When does your fix end?

Do you have a diary? Ive tried to look through your profile but cant see anything. Maybe im being dumb.:o

The outstanding amount has gone down to 22k on online banking!

Only problem, is the "next monthly payment" seems to have gone down to £300 from 750. I did tell them to keep the payments the same so not sure whats going on there. Maybe they just haven't fully processed it yet. I will wait for the confirmation letter before complaining.

Although thinking about it, i guess its largely irrelevant now as we can make unlimited overpayments :-)