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  • FIRST POST
    • greent
    • By greent 26th Mar 10, 2:46 PM
    • 6,430Posts
    • 64,890Thanks
    greent
    greent's mfw journey
    • #1
    • 26th Mar 10, 2:46 PM
    greent's mfw journey 26th Mar 10 at 2:46 PM
    Afternoon all!

    I have been inspired after reading lots of the diaries on here to join in.

    Background: OH and I are both 40. Have 4 children (12, almost 10, 4 and 10 months) OH was made redundant twice last year and recently started working as a contractor on a daily rate (4 month contract, may be extended a little) - so we now have a limited co of which we are both directors. I no longer work. We have a BTL property on which we have an interest only mtge and will clear that by selling the property (only bought for capital gain, not income, purposes) BTL property has long term tenant in. Rent covers mtge and buildings insce and repairs/ renewals with a small excess - but not much.However, it's on a fixed rate and takes care of itself.

    MFW relates to our home. Bought in Oct 2005 for 277k, 130k mtge over just under 16 years (kept previous end date) Since then we have added a further 30k to the mtge for a loft conversion (needed due to the no of children!!) that cost approx 35k. We have also spent 20k+ on a bespoke fitted kitchen and building work - but financed that from savings/ income. And decorated and new carpets (previous owners ran out of money and had to sell, so place was full of stuff to do, even though it's still only 11 years old!) Some overpayments have been made, as can be seen from the overall balance.


    OUr mtge is with C&G. I have a statement for balances as at 31/12/09:
    (Balance as at 31/01/2009 was £124 616, so we reduced the balance by just under 20k last year)
    Sub Account 01
    Term remaining 12 years and 7 months.
    Fixed rate 4.79% - until 30/09/10
    Balance £79512.27

    Sub Account 02
    Term remaining 13 years 1 month
    Fixed rate 3.99% until 30/04/11
    Balance £25423.78

    Sub Account 03
    Term remaining 12 years and 7 months
    Fixed rate 4.79% until 30/09/10
    Balance £33.32


    TOTAL BALANCE: £104969.37

    We can repay by 10% a year without incurring penalty fees. We pay £1074.94/ month - this includes an element of overpayment, but I'm not sure how much (we didn't reduce our monthly payments when we paid off £12500 after DH was made redundant the first time)

    My first step is going to be repaying Sub Account 03 We are with C&G, so I will phone them up about this. I can also afford to repay £4k to £5k from sub account 01, I think - but will leave that until after a meeting with our accountant (we are not sure yet exactly how much OH will be paid from the linited co)


    I'm kind of looking for advice/ ideas, I guess... Would posting an income/ expenditure budget be an idea?

    greent


    ETA: We don't have any other debts. CCs are used (Tesco ones for Clubcard points for rewards) but are paid off in full.
    Last edited by greent; 25-05-2010 at 11:41 AM.
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) Bal 01/09 £124616 01/10 £104927 01/11 £89873 01/12 £76317 01/13 £52546 01/14 £35356 01/15 £12133 07/15 £NIL
    Next: BTL Mtge 12/16 £69786. 2017 OPs (#18) £5034/£3286
    Net sales 2017 £1226.02/£500 PAYDOX17 £11937/£10k Decluttered 1760/2017 items
Page 81
    • debtfreeoneday
    • By debtfreeoneday 19th Aug 17, 6:48 PM
    • 2,782 Posts
    • 9,512 Thanks
    debtfreeoneday
    Woah SJ - you're asking for it with statements like that! :-)

    Hope you are feeling better GT!
    DFW (08/08) £64,346.53
    Credit card debt: £3,346.29 over three credit cards.
    MFW (01/15) £118,031.21 £95,324.07
    • greent
    • By greent 20th Aug 17, 9:23 AM
    • 6,430 Posts
    • 64,890 Thanks
    greent
    Thanks, shs - I am hoping this will serve as an effective 'kick up the b*m' that he needs to work for A levels - he has always cruised through up until now.

    Bit tired still, dfod - thanks for asking Also still have very husky voice

    Spent most of day in Cardiff yesterday - well, when we got there - traffic was rather heavy on the way. Took a load of stuff - but forgot one bag of (long life) food - will have to take next time. Sorted out some bits inside the flat whilst OH strimmed the jungle outside. I then attacked the patio (covered in huge brambles and the longest, thickest lines of bindweed I have ever seen) Grabbed a snack lunch from Gregg5 (healthy - not!) - I took cheese & cuc wraps for the boys & plenty of drinks for us all to keep OH hydrated. Sorted through the post in the communal hall cupboard - some went back to 2014!!!! Put most back in post box as 'moved - return to sender' - lots were from collection agencies..... There is a large pile left of old post for the landlord - have told DD & bf to ask letting agency what to do with it - and a smaller pile of more recent stuff. Will look to re-visit that at end of year, when everyone has moved in and you can then see whether any names are of current/ new tenants - anything remaining can go back to senders!

    OH & DS2 then went to the DR Who exhibition - closing in Sept - and had a fab time. DD, myself and DS3 went to the museum (killed some time) and the park opposite. They refused my offer of ice creams, so we had a walk around, checking out the statues and then sat down in the sun for a while, and then walked back to DD's (calling in at Tesc0 on the way for buttons and Malte5ers) and went back to DD's to watch Moana on DVD whilst waiting for OH & DS2 - they arrived back when Moana had less than 5 mins to go - perfect timing

    Very successful day and small boys had a good time helping in garden and the other stuff DD now away until Tues.

    Currently only myself and DS3 awake - might make OH a cuppa and see if that entices him downstairs (will text him a pic )
    x
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) Bal 01/09 £124616 01/10 £104927 01/11 £89873 01/12 £76317 01/13 £52546 01/14 £35356 01/15 £12133 07/15 £NIL
    Next: BTL Mtge 12/16 £69786. 2017 OPs (#18) £5034/£3286
    Net sales 2017 £1226.02/£500 PAYDOX17 £11937/£10k Decluttered 1760/2017 items
    • smallholdingsister
    • By smallholdingsister 20th Aug 17, 9:44 AM
    • 3,544 Posts
    • 27,508 Thanks
    smallholdingsister
    Haha good way to get him out of bed.
    • Karmacat
    • By Karmacat 20th Aug 17, 9:52 AM
    • 28,064 Posts
    • 154,293 Thanks
    Karmacat
    Sounds great, greent! Good for you for tackling the post - there could be all sorts in there!
    Retired August 2016
    • shangaijimmy
    • By shangaijimmy 21st Aug 17, 8:17 AM
    • 2,232 Posts
    • 10,266 Thanks
    shangaijimmy
    Currently only myself and DS3 awake - might make OH a cuppa and see if that entices him downstairs (will text him a pic )
    x
    Originally posted by greent
    It would have needed bacon on toast on the pic as well to entice me down...
    MFW: Turning June 2036 into March 2023... 32//120 Payments Challenge, Diary Reduction £34,271.00
    Aug 2009: £163,051 // Current: £101,729.00 // Avg Daily Interest £4.57
    MFiT-T4 #8 - 56.74% of £41,000
    • greent
    • By greent 28th Aug 17, 8:45 AM
    • 6,430 Posts
    • 64,890 Thanks
    greent
    Sooooo..... BHol Monday - and the weather is looking mighty fine!

    Have re-done DD's bedroom over the weekend - new bed (double) - meaning a re-arrange of furniture and a smaller desk (she doesn't do much work here now in reality, so it's fine - and it's still a good size - her last one was larger than our kitchen table! ) Obv new bedding - and she has used the opportunity to go through some things, so some 'younger' bits have left the room. It looks far more fitting for an almost 20yo young woman. Just the curtains to sort now (same ones she's had for 12 years) to finish it off - although her existing ones actually look less 'kiddy' with the rest of the room being more grown-up She absolutely loves it - which is great - she protests against change, even if not in her room (eg: the new sofas) - so it's taken a while to get here and the fact she is beaming at the end result is fab It also means that when her bf is here (such as next weekend for one night before they go on hols, as OH is taking them to the airport) they don't need to take over the family room (sofa bed in there) - which the smalls use as a playroom - and which has the office leading off it. As they don't tend to emerge until midday it's not the best having it out of action for that long - this is much better

    It was my best friend's birthday on Fri - so Fri afternoon was spent at her house chatting over many cups of tea (we're so rock n roll ) and then on Sat afternoon we (OH and I) went for afternoon tea with her and her hubby as our resent to her - 4 hours sat in the sun on the terrace of a lovely little local hotel with lots more tea - and sandwiches and cake Very pleasant (and no random 'things' as presents (I also got her a bargainacious top so she had something to unwrap - but I knew she liked it)

    Sat evening saw OH and myself out for yet more food! - it was our 22nd wedding anniversary, so we went out for a meal and then a drink at the local Docks. We had DD being our taxi service for the evening

    It's the last full week of the hols. DS1 is off to Nottingham tonight until Thurs evening - doing 3 days work experience in a GP's surgery there I have my friend's 2 boys for the day tomorrow whilst she is at work - as they are my small 2's best friends my 2 will love it - although the noise levels might be a bit crazy! I am unfortunately having the boiler serviced around midday but am hoping the weather is still fab and then we can go to a local large playpark after that for a while - burn off some energy

    Today's plans are a small amount of finance and household admin, some washing & ironing - and a trip out somewhere with the smalls - am thinking Slimbridge Wetlands, as we are members

    Hope you all have a lovely BHol Monday :0
    x
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) Bal 01/09 £124616 01/10 £104927 01/11 £89873 01/12 £76317 01/13 £52546 01/14 £35356 01/15 £12133 07/15 £NIL
    Next: BTL Mtge 12/16 £69786. 2017 OPs (#18) £5034/£3286
    Net sales 2017 £1226.02/£500 PAYDOX17 £11937/£10k Decluttered 1760/2017 items
    • newgirly
    • By newgirly 28th Aug 17, 9:24 AM
    • 5,861 Posts
    • 40,044 Thanks
    newgirly
    Have a great day and a happy anniversary to you both
    MFW 21
    Target for 2017 £38,545 / £17,514.78 paid so far

    Mortgage £47,354 years 8 months left. Total owed £62,871.22 planning to clear in 18 months
    Weight loss target 37lb/22lb gone.
    • smallholdingsister
    • By smallholdingsister 28th Aug 17, 4:05 PM
    • 3,544 Posts
    • 27,508 Thanks
    smallholdingsister
    I love slimbridge.
    • apple muncher
    • By apple muncher 28th Aug 17, 5:07 PM
    • 6,541 Posts
    • 47,838 Thanks
    apple muncher
    Happy Anniversary! Have some cake!
    NST November #; NSD 13/17; Ex 9/12; craft 19/30 (247); remove 601
    2017 MFW#63 Pay off: £3484/£4050; 2
    017 sell 174

    Mortgage £23,486 (01/14: £78,201; 01/15: £59,629; 01/16: 39,915; 01/17: 27,295) MFWDate Dec 2018
    • greent
    • By greent 29th Aug 17, 6:43 PM
    • 6,430 Posts
    • 64,890 Thanks
    greent
    Thank you!

    Well we didn't end up going to Slimbridge yesterday as it was just too hot in the afternoon. Smalls rode their bikes out (really have to encourage DS3 - he is still on stabilisers - he avoided riding a bike for a couple of years after riding straight into a patch of stinging nettles taller than him ) which was really good and we played a few games in the house and garden instead.

    Shs - if you ever want discount vouchers to get into Slimbridge, let me know - they send me a few of them every year. It's quite close to us, so we used to go there loads.

    The smalls best friends came here for the day today whilst their mum was at work. We had to stay in until after lunchtime, due to the boiler service - but then managed to get 90 minutes of play out at the big playpark which was good for them all

    Had a couple more small fleabay sales yesterday - and had Z1ffit and MMagp1e totals confirmed today - so have added those figures in to my net sales for the year figure As both of the fleabay sales were for freebies I received they truly were free money

    Almost the start of another month. September always sees me re-assessing things - I guess because it's the start of a new academic year, so the children always have changes. Also the weather changes - whilst Autumn weather and its mellow fruitfulness are lovely, the darker mornings and shorter evenings are not so much fun I start thinking about Xmas in Sept too - and this year I really have no inspiration as to what to get anyone! DD & DS2 are off to HP Studios (again) in Dec - so am hoping they get some (very) last minute ideas there (DS2's birthday is in Jan, DD's in Dec - so a double-whammy for both within a month)

    Off to think of a bit of a plan for Sept.... - and I shall re-visit 2017's goals and see how they are coming along...

    x
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) Bal 01/09 £124616 01/10 £104927 01/11 £89873 01/12 £76317 01/13 £52546 01/14 £35356 01/15 £12133 07/15 £NIL
    Next: BTL Mtge 12/16 £69786. 2017 OPs (#18) £5034/£3286
    Net sales 2017 £1226.02/£500 PAYDOX17 £11937/£10k Decluttered 1760/2017 items
    • CathT
    • By CathT 29th Aug 17, 8:25 PM
    • 5,358 Posts
    • 36,787 Thanks
    CathT
    I often think September 1st is like the start of new year for us MFW's.
    Nov 2017 -
    part 1 - £79,999
    part 2 - £46,117
    Total - £126,116
    • apple muncher
    • By apple muncher 29th Aug 17, 8:40 PM
    • 6,541 Posts
    • 47,838 Thanks
    apple muncher
    Indeed. I feel it offers more possibilities as thoughts and plans are done in daylight, often with some sun, and certainly warmer weather that at the endnof December.
    NST November #; NSD 13/17; Ex 9/12; craft 19/30 (247); remove 601
    2017 MFW#63 Pay off: £3484/£4050; 2
    017 sell 174

    Mortgage £23,486 (01/14: £78,201; 01/15: £59,629; 01/16: 39,915; 01/17: 27,295) MFWDate Dec 2018
    • newgirly
    • By newgirly 30th Aug 17, 8:47 AM
    • 5,861 Posts
    • 40,044 Thanks
    newgirly
    Morning greent, don't know if you have seen but primarni have an amazing range of hp stuff at the moment (20th anniversary) pens shaped like wands £1.50 , mugs, bags, purses, bedding, clothes and nightwear. I have put a few bits away for Xmas - will have to still buy a chocolate frog at the studio shop though
    MFW 21
    Target for 2017 £38,545 / £17,514.78 paid so far

    Mortgage £47,354 years 8 months left. Total owed £62,871.22 planning to clear in 18 months
    Weight loss target 37lb/22lb gone.
    • greent
    • By greent 7th Sep 17, 12:42 PM
    • 6,430 Posts
    • 64,890 Thanks
    greent
    Did a post the other day, lost it and decided not to re-type

    newgirly - I now have some of the HP stuff stashed, but not much (our 2 local stores only have a limited stock in) I really want the potion lights for DD! OH is taking her, her bf and DS2 to the studios 19th Dec, so it'll be all Christmassy

    So... all 3 boys are now back to school. DS1 (Y13) went back on Tues. DS2 (Y7) went in on Tues afternoon for 90 minutes and then started full time yesterday. DS3 (Y4) started yesterday. DS3 has had a massive growth spurt over the hols - cue mad panic yesterday morning trying to find trousers which fitted! And this morning I discovered that his PE polo is more grey than white - so I will pick up a new one in the smkt.

    DD is in PAris with the boyf - they fly back tonight. BAck to uni 23rd Sept

    Am looking forward to when we have some sort of routine established - takes a few weeks to get into the swing of things again!

    Hmmm... money news - (American style) fridge freezer broke on Sunday (well, the freezer part) It's been playing up on-and-off for a few weeks or more, so I'd already scoped out it's replacement - last time I checked just 3 weeks ago it was £1399, with a manufacturer's cashback offer of £100. Anyway, quick search got me it for £1011 - which included delivery, removal of the packaging, removal of the old one - and cashback for £26 and some pence has tracked I'll take that as a decent result
    We lost some food as a result and yesterday saw me cooking 3 x YS chickens and 1kg of mince which had defrosted. But all is now ok - and the new fridge and freezer are super tidy & organised!

    Sold a large item on fleabay for just under £270 (net) - which is great - and goes some way to the cost of the new f/f!! - and means we have more room in the garage Also sold some of DS3's toys on there BUT - have spent out on new ceiling and wall light for DS3's room, new duvet set (HPotter ) for DS2, pole and floor tool for mini Dys0n for DD's flat (was like a dustbuster and had no pole originally)

    Mtge news - made the huge OP of £3.15 last night! (rounds down sub acct 1 ) AM totally smashing this!

    OOh - OH ahs just phoned to say he is nearly home - off to put kettle on!
    x
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) Bal 01/09 £124616 01/10 £104927 01/11 £89873 01/12 £76317 01/13 £52546 01/14 £35356 01/15 £12133 07/15 £NIL
    Next: BTL Mtge 12/16 £69786. 2017 OPs (#18) £5034/£3286
    Net sales 2017 £1226.02/£500 PAYDOX17 £11937/£10k Decluttered 1760/2017 items
    • Karmacat
    • By Karmacat 8th Sep 17, 9:22 AM
    • 28,064 Posts
    • 154,293 Thanks
    Karmacat
    What a great post! Keeping track of your offspring, selling high value stuff, replacing the f/f so cannily, I love it.

    I wish I'd seen the HP stuff at the Primarni in London that I visited - I really fancy having a wand
    Retired August 2016
    • brizzledfw
    • By brizzledfw 8th Sep 17, 3:28 PM
    • 7,156 Posts
    • 34,738 Thanks
    brizzledfw
    Glad you're having such a good time of it all. DD settled, Xmas planning, bargain deal on the f/f..you're on fire Well done and long may it continue
    MFiT-T4 Member No. 96 - 2022 is my MF goal
    Winter 17/18 Savings Rate Goal: 25% [October 30%]
    Declutter 200 items before 31.01.18 xx/200 ** LSDs Target 10 for Winter 0x/10 **AFDs xx/15 ** Sales Target '17 £750 £225 so far
    **NSDs Target 10 for Winter xx/10 Trying to be a Frugalista
    • greent
    • By greent 9th Sep 17, 6:03 PM
    • 6,430 Posts
    • 64,890 Thanks
    greent
    Thanks

    Phew! - that was a tiring short week!

    Has been a spendy day today - Xmas presents for DS3 & DS1, bday present for OH, new PE top for DS3 (Tesc0 cheapy)..... BUT I did manage to get a discount/ cashback on absolutely everything

    BTL tenants are on hols - so rent will be a week late, as apparently they can't access online banking there (but can access facebook & WhatsApp....) (where's a rolling eyes smiley when you need one?! ) Will make an OP to mtge when it comes in. I *think* we're on target to OP in the region of £5750 for the year (assuming no surprises)- as my target was less than £3300 I'm happy with that

    Temperature has dropped and we've had thunderstorms today. Decidedly Autumnal feeling - and looking - the leaves in the garden are just starting to turn. We still have quite a few tomatoes on plants - I may gather them in later this week and leave them on a windowsill - can always make green tomato chutney if they fail to ripen Still lots of pears on the trees (despite one neighbour helping themselves to loads - I know we said they could, but the amount they've taken.....!! ) and there's still time for the apples to get a little bigger (new trees planted last year) Other than that, all we have is a try of rocket just peeking through - will likely end up being g-pig fodder.

    Oooh - I 'shopped' lots from the loft again this week - lots of (new to them ) clothes for DS2 & DS3 have since been washed and ironed

    Today I've made rolls for lunches this week (I may even make up the rolls (bar salad/ mayo) and label and freeze to save time on a morning & see if any of the boys complain...) I've also made vast amounts of laundry gloop using freebie hotel bars of soap - this (according to friends of the teens) makes me 'weird'

    Oh - here comes more rain...... time to start dinner, methinks - hearty chilli (currently in the freezer) with (worthy) brown rice (3kg brown rice brought back from DD's shared kitchen - am determined to use it up! )

    x
    Last edited by greent; 09-09-2017 at 6:23 PM.
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) Bal 01/09 £124616 01/10 £104927 01/11 £89873 01/12 £76317 01/13 £52546 01/14 £35356 01/15 £12133 07/15 £NIL
    Next: BTL Mtge 12/16 £69786. 2017 OPs (#18) £5034/£3286
    Net sales 2017 £1226.02/£500 PAYDOX17 £11937/£10k Decluttered 1760/2017 items
    • apple muncher
    • By apple muncher 9th Sep 17, 6:51 PM
    • 6,541 Posts
    • 47,838 Thanks
    apple muncher
    You are still mentioning things from dd's shared house and she goes back soon!
    NST November #; NSD 13/17; Ex 9/12; craft 19/30 (247); remove 601
    2017 MFW#63 Pay off: £3484/£4050; 2
    017 sell 174

    Mortgage £23,486 (01/14: £78,201; 01/15: £59,629; 01/16: 39,915; 01/17: 27,295) MFWDate Dec 2018
    • smallholdingsister
    • By smallholdingsister 10th Sep 17, 8:09 AM
    • 3,544 Posts
    • 27,508 Thanks
    smallholdingsister
    Thanks for the vouchers offer, we are so very far from there now. Used to live at Cam and so right by it, though I first went as a student and was entranced by the Ruddy ducks.
    • greent
    • By greent 13th Sep 17, 2:22 PM
    • 6,430 Posts
    • 64,890 Thanks
    greent
    Haha apple! We are nearly through all of the items brought back from there now All of the cleaning stuff has been used up and I think the kitchen now just has a tin of chickpeas, a pack of chocolate cake mix, some dried fruit and seeds - and 1/2 bottle of evoo left Oh - and brown rice.....

    It's that quiet time of the month money-wise..... I want to *do something* 'interesting' with money - and nothing's happening! I have no spare bits to round up and be automatically transferred over as we haven't really been spending (well, I have - but on Xmas stuff and that was mainly with Amaz0n vouchers and paypal, so bank account unaffected) The tenants are on holiday - so the rent is late and won't be paid until they are back (Friday) (grrr) - I will make an OP to BTL mtge then. In the meantime I do have a shiny new calendar which has arrived in the post today (covers 09/17 -01/19) which I shall play with later

    Other than that, life is just ticking along. Several small fleabay sales of toys have been made, which is good I just need to motivate myself to list some more items now (more toys - so no money for me - possibly explains my lack of motivation!) DS3 is growing like a weed - 10 pairs of school trousers and shorts taken to school this morning for them to use as spares/ sell - all of which fitted him last term!! And I got him to try on 5 pairs of jeans this morning (dressing up for Roald Dahl day) - only 1 of which fitted (just!!) DS2's not much better - a try-on of clothes from his wardrobe at the weekend resulted in 2 x jeans, 4 x joggers, 2 x l/s tops and 5 x tshirts being removed! I now have a shopping list of things I could do with to fill a few gaps in their wardrobes (thankfully not that many gaps, as we recently 'shopped' from the loft boxes )
    x
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) Bal 01/09 £124616 01/10 £104927 01/11 £89873 01/12 £76317 01/13 £52546 01/14 £35356 01/15 £12133 07/15 £NIL
    Next: BTL Mtge 12/16 £69786. 2017 OPs (#18) £5034/£3286
    Net sales 2017 £1226.02/£500 PAYDOX17 £11937/£10k Decluttered 1760/2017 items
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