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  • FIRST POST
    • Watty1
    • By Watty1 2nd Sep 13, 12:25 PM
    • 2,971Posts
    • 21,120Thanks
    Watty1
    This Time I'm Really Going To Do It
    • #1
    • 2nd Sep 13, 12:25 PM
    This Time I'm Really Going To Do It 2nd Sep 13 at 12:25 PM
    I've loved this little bit of the forum and over the years have often stopped by for a bit of motivation. And from time to time have even made moves to become mortgage free, making an overpayment here, and thinking about it and even once setting a date (12/12/12) when there was a great thread here about that.

    And then poooffff ... I make a start and it all fades away.

    A year ago I decided that we would be mortgage free by January 2014 ... and paid off 10% of the mortgage..found that was the maximum we could pay off without penalty and then I sort of gave up. But not totally. I have been saving and over the last few weeks been looking forward to the start of september because .....drumroll....today I can make a repayment without penalty. And so I am currently on hold to the Mortgage company to do just that.

    And whilst holding I thought I would also start a diary here to keep me motivated... I mean January 2014 Thats only 4 months away...surely I cant do it by then????

    But rather than give up once again I'm going to see just how far I can get by that date and hopefully posting on a nice friendly board will keep the motivation up.

    Back later with more figures.
    Last edited by Watty1; 02-09-2013 at 2:09 PM.
Page 150
    • smallholdingsister
    • By smallholdingsister 31st Dec 17, 7:45 AM
    • 3,554 Posts
    • 29,840 Thanks
    smallholdingsister
    A lot to be said for warm extremities!

    £200 A month! Our vendor balked when I wanted to charge her £150 for three!!
    • Karmacat
    • By Karmacat 31st Dec 17, 8:59 AM
    • 28,542 Posts
    • 161,063 Thanks
    Karmacat
    It seems Mr Watty signed up for a three month programme and the bill was for that. He is finding it helpful. I am unimpressed with friend and have barely spoken to her since. But a good reminder that I need to let her know she does not have permission to charge my card again. I've told Mr Watty if he wishes to continue with her, which he does, he must come up with a plan for the money.

    That might sound harsh but he and his family need to resolve matters and right now my fund is more important to me.

    Yes I sense they really would. I liked the boys a lot, the younger one and his girlfriend were clearly baffled as to why they had been pulled along.

    Thanks for the reminder.... will email her now to say she does not have permission to charge my card again.
    Originally posted by Watty1
    I'm glad SSS asked that question! Yes, setting boundaries with Mr Watty and the friend is really important. Can't remember how far along we are in that 3 months, but it certainly needs taking care of.

    Nice horsey morning then watched TV and did a spot of decluttering this afternoon.
    Originally posted by Watty1
    Fascinated by the horsey stuff, but don't know a single thing about it at this level, so I never comment, but even I *get* this

    No idea what will happen this year, but one thing for sure, I will most certainly not need to buy underwear, socks or tights for the next few years! Decluttering and tidying has revealed a stash of said items![/QUOTE]
    Always a good thing when impulse buying is useful stuff

    Hope your 2018 is a *lot* better than 2017, Watty.
    Retired August 2016
    • Watty1
    • By Watty1 31st Dec 17, 4:17 PM
    • 2,971 Posts
    • 21,120 Thanks
    Watty1

    £200 A month! Our vendor balked when I wanted to charge her £150 for three!!
    Originally posted by smallholdingsister
    That was the increase!!
    Mortgage at start of diary Sept 2013: £132,995 Aug 2015 £0
    Overpaid next mortgage. £79,491 down to £27152
    Changing focus for now
    • Watty1
    • By Watty1 31st Dec 17, 4:22 PM
    • 2,971 Posts
    • 21,120 Thanks
    Watty1
    Thank you all for your kind wishes. 2018 promises to be interesting. I'm content that I have in my mind set a review date. And my hanky fund has begun and it has its own spreadsheet.
    For 2018 I'm not making resolutions really, rather, I am going to have fun with friends, do more with MH (assuming he is comes sound sometime soon) and keep building the spotted hanky fund.
    I want to add I'll keep up with the running and return to my usual very healthy diet, meditate, add more visits to church .. but heck ...I'm spending new year alone and just off to buy a little something to drink so I'll stick with the simple ones of having fun with Most Handsome, enjoying foggyfellpony catching up with friends and valuing those friendships I have and my spotted hanky fund.
    Mortgage at start of diary Sept 2013: £132,995 Aug 2015 £0
    Overpaid next mortgage. £79,491 down to £27152
    Changing focus for now
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 31st Dec 17, 4:24 PM
    • 7,622 Posts
    • 86,746 Thanks
    Tilly MFW in 6 YRS
    A lovely way to end the year in calm contemplation. Wishing you strength and joy in 2018 Watty.

    Very best wishes Tilly xx
    2004 £387k 29 years - MF March 2033
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15
    • Kittenkirst
    • By Kittenkirst 31st Dec 17, 4:54 PM
    • 1,763 Posts
    • 9,460 Thanks
    Kittenkirst
    Your goals for 2018 sound marvellous to me- do more of what makes you feel great

    Have a nice evening tonight x
    2018 MFW #20 - OP £669.60/ £3000 22% Jan: £417.42 Feb: £252.18

    Emergency fund £4K/ £6k
    Mortgage Oct '16 £170.995 LTV 90% end: Nov 2041
    Overpayments 2016 £255.50 2017 £2600.40
    • themadvix
    • By themadvix 1st Jan 18, 3:04 PM
    • 1,348 Posts
    • 8,081 Thanks
    themadvix
    Happy New Year Watty! I hope 2018 brings you clarity and strength and you have a great year, no matter what life throws at you. x
    OPs 2017 = £3103
    S&S ISA 2017 = £626
    OPs 2016 = £6142.12
    Starting balance 2012: £132000; balance Dec 2017: £96,822
    MFW2017 no. 38
    • atypicalblonde
    • By atypicalblonde 2nd Jan 18, 7:54 AM
    • 2,741 Posts
    • 18,701 Thanks
    atypicalblonde
    Wishing you the best 2018 possible Watty. Thank you for being a friend xx
    MFW
    Mortgage 8.2.15 - £171,064.64 Mortgage 8.2.18 - £109,990
    Aiming to be MF 1.10.2020
    • Watty1
    • By Watty1 4th Jan 18, 11:51 AM
    • 2,971 Posts
    • 21,120 Thanks
    Watty1
    thanks for all the good wishes
    The new year didn't get off to the best possible start. New Years Day I had a thought about work .... one of those that creeps up on you with a sudden and rather dreadful awareness. I have been making an error for about 3 months .... the error is of such enormous ness that the reverberations could continue throughout this year. And it has the potential to mean I make no money whatsoever .... I will effectively be working just to stay afloat. I have been almost paralysed into inaction by this realisation.
    Finally started putting things right by emailing people and calling people yesterday.
    Ordered something from local printers Tuesday AM that will start to corrections in process ..... desperate for them to email me and say I can collect. Yesterday I felt so sick I could barely eat. Managed with a smoothie and finally last night a takeaway chicken curry.
    This morning totally unable to work again. Just feel sick whenever I try. This is horrible.
    Mortgage at start of diary Sept 2013: £132,995 Aug 2015 £0
    Overpaid next mortgage. £79,491 down to £27152
    Changing focus for now
    • Betterthanever
    • By Betterthanever 4th Jan 18, 2:14 PM
    • 512 Posts
    • 3,375 Thanks
    Betterthanever
    Hope you feel much better soon.

    Current balance £112,593.71. Offset £2,677.73. £109,951.98 needed to be mortgage neutral!
    End date - 03/29 but aiming for 10/22 - 2018 O/pay £600
    Make £2018 in £2018 = £406.75/£2018
    Former DFW Nerd 230. Determined to be MF. Bring it on!
    • muddywhitechicken
    • By muddywhitechicken 4th Jan 18, 2:36 PM
    • 3,882 Posts
    • 35,693 Thanks
    muddywhitechicken
    Oh no
    Sorry, I have no words of wisdom Watty just hugs
    MWCxxx
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£38,500
    Current total overpayments: ~£119,750
    • themadvix
    • By themadvix 4th Jan 18, 2:51 PM
    • 1,348 Posts
    • 8,081 Thanks
    themadvix
    Oh no, Watty. Focus on the fact that you have realised and started to sort it out - at least you realised now and not another month further along and you're taking proactive steps to sort it out. Hope you manage to get some more food down today - keeping up your strength is important, especially when there's no one else who can take up the slack when you are SE (speaking from experience!).

    Take care x
    OPs 2017 = £3103
    S&S ISA 2017 = £626
    OPs 2016 = £6142.12
    Starting balance 2012: £132000; balance Dec 2017: £96,822
    MFW2017 no. 38
    • Goldiegirl
    • By Goldiegirl 4th Jan 18, 4:22 PM
    • 8,297 Posts
    • 48,618 Thanks
    Goldiegirl
    Oh Watty, sending you a massive hug. At least you have noticed, and you have started taking action to rectify things.

    xxx
    Early retired - 18th December 2014
    If your dreams don't scare you, they're not big enough
    • ajmoney
    • By ajmoney 4th Jan 18, 4:44 PM
    • 4,857 Posts
    • 55,560 Thanks
    ajmoney
    Hope you manage to get things sorted somehow Watty x
    2018 MFW No. 70 £1335.57/£6000
    MFiT-T4 No. 70 £23500.50/£29544
    Mortgage £115364.93 Savings £88294.18
    Total left to pay/save £27070.75
    • FloppyDisk
    • By FloppyDisk 4th Jan 18, 5:12 PM
    • 597 Posts
    • 4,116 Thanks
    FloppyDisk
    Oh Watty, just take it step by step, one rectification at a time. If any of that involves other people I'm sure you will find them more understanding and compassionate than you first think xx

    £19,969/£42,500
    • greent
    • By greent 4th Jan 18, 5:12 PM
    • 6,688 Posts
    • 68,834 Thanks
    greent
    - sounds like some dodgy hugs are required!

    As others have said before me, Watty - you have now realised the error. Better now than another 3 months down the line. Hopefully the corrections will start to come into play soon and you can assess where you are xx
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) 01/09 £124616 01/10 £104927 01/11 £89873 01/12 £76317 01/13 £52546 01/14 £35356 01/15 £12133 07/15 £NIL
    BTL Mtge 12/16 £69786. 2018 OPs (#18) £36.39/£4000
    Net sales 2018 £20.45/£1000 PAYDOX18 (#15) £1429.16/£18694.38 Decluttered 273/2018 items
    • apple muncher
    • By apple muncher 4th Jan 18, 6:07 PM
    • 6,947 Posts
    • 52,050 Thanks
    apple muncher
    Oh Watty - hugs, m'dear.

    Can you talk to any of your friends about it?

    apple x
    NST Feb Forester #5; NSD 12/18 ; Ex 16/20 ; craft 3/20 (21); remove 51
    2018 Pay off: £563; 2
    018 sell

    Mortgage £22,936 (01/14: £78,201; 01/15: £59,629; 01/16: 39,915; 01/17: 27,295; 01/18 23,143) MFWDate Dec 2018
    • hiddenshadow
    • By hiddenshadow 4th Jan 18, 8:25 PM
    • 2,430 Posts
    • 11,080 Thanks
    hiddenshadow
    Oh no, Watty, so sorry to read. As others have said, at least you've noticed, have a plan, and are putting it into action. I hope the consequences aren't as severe as you think.

    (If it helps to look at it differently - as depressing as a year of just-staying-afloat would be, especially with the other upheaval in your life, at least you've got the house paid off and you can feed yourselves/the animals/etc.)
    MFW: £197,100 (2013) to £103,055 (Feb '18)
    2018 MFW #56: £1,591/£105,000 1% / MFiT-T4 #15: £56,445/£90,000 62%
    • EatingTheElephant
    • By EatingTheElephant 4th Jan 18, 9:29 PM
    • 1,224 Posts
    • 6,704 Thanks
    EatingTheElephant
    Sending hugs, hope you can get it sorted.
    • Watty1
    • By Watty1 4th Jan 18, 11:23 PM
    • 2,971 Posts
    • 21,120 Thanks
    Watty1
    Thank you so much you lovely lot. You really are a joy


    So printer came up trumps, and collected the stuff I needed today and I started emailing people last night to explain situation. I'm putting it right. I may just wriggle out of this one ok thanks to noticing on new years eve and being able to start putting things right.


    And yes as hidden as pointed out, this house is paid off. And that is a very reassuring place to be in.


    There is just a chance I might wriggle out of this one without the steep fines I am expecting. Wont know for a few weeks but lets see......
    Mortgage at start of diary Sept 2013: £132,995 Aug 2015 £0
    Overpaid next mortgage. £79,491 down to £27152
    Changing focus for now
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