Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • newgirly
    • By newgirly 15th Apr 10, 11:02 PM
    • 6,103Posts
    • 42,164Thanks
    newgirly
    Pay off mortgage and start having fun!
    • #1
    • 15th Apr 10, 11:02 PM
    Pay off mortgage and start having fun! 15th Apr 10 at 11:02 PM
    I have been reading other peoples posts for a while,trying to get myself in the right frame of mind to start overpaying on the mortage.DH and I have a house worth about £220,000 with a mortgage of £159,000 although we only paid £120,000 for it (£93,000 mortgage) to start. So as you can see we have been not so great in the past! Last year we also owed about £20,000 on credit cards which is now down to £10,000. I really want to get rid of the mortgage before our youngest turn 18, the twins are nearly 10 now. So any words of encouragement would be great, I need keeping on the straight and narrow.

    Xmas paid for by saving £1 a day minimum in a sealed tin, plus homemade/sale stuff.
    Birthdays now in monthly budget, plus extra vouchers earned

    I am taking part in the earn £2012 in 2012 challenge on the up your income board, so whatever earned from that will be split between op's and holidays fingers crossed.

    Budget from may 2012 onwards:

    income.................2092.00
    child benefit..........188.60
    child tax cr..............0 no longer!
    total....................£2280.60

    mobiles x 2...........32.00
    tv licence..............12.37
    elec/gas................140.00
    water....................60.00
    council tax............125.83
    home insurance.......11.83
    pension..................21.90
    life ins....................15.17
    sky ........................21.00
    car tax....................15.83
    car ins.....................22.00
    car maintenance.........8.33
    petrol.......................60.00

    school dinners............48.00 (1 dinner/1 bacon sarnie each pw)
    pocket money.............20.00
    clothes.......................30.00
    birthdays....................50.00

    grocery.......................250.00
    (food/pets/cleaning)
    DH's money.................100.00
    0%cc ................................32.35
    mortgage interest.........425.00
    mortage overpayment....778.39


    money in: £2280.60
    money out:£2280.60







    This Forum Tip was included in MoneySavingExpert's weekly email

    Don't miss out on new deals, loopholes, and vouchers

    Last edited by newgirly; 16-03-2012 at 12:47 PM.
Page 346
    • newgirly
    • By newgirly 15th Dec 17, 3:37 PM
    • 6,103 Posts
    • 42,164 Thanks
    newgirly
    Grocery update:

    £400 budget for December , £172.99 spent so far

    All Xmas presents bought except a small top up for best friend, I should have enough to stay in the black this month just about.

    Next year's plan (well until may 2019really) is just about done

    So planned large one off expenses are:

    £1000 tax bill 2018

    £1000 tax bill 2019

    Cruise and hotel stay and spending for dd and I (boys trip already paid for) £657

    The boys' 18th £1000

    Dds 21st £500

    Money to throw a party or go out for a couple of meals and treats or whatever I can persuade them to do £500

    Xmas 2018 £1200

    The big expenses will be paid for by saving £230 pm, plus £500 I already have saved , plus £420 I shall save this month.


    Next year's mortgage plans :

    I hope to live off £700 pm after mortgage and direct debits , interest payments should be £87.66 pm with an op of £2,813 pm from Jan to August , dropping to an op of £2,677 in September when I wave goodbye to child benefit

    So that's a total planned mortgage reduction of £33,310 I've yet to work out the loan reduction for next year yet as those figures are scary enough
    Last edited by newgirly; 20-12-2017 at 11:48 AM.
    MFW 21
    Target for 2018 £40k/£3769.26 paid so far

    Mortgage £43,856 4yrs 4 mths left. Total owed £58,228.74 planning to clear in 15 months
    Weight loss target 2018- 21lb /5 lb lost
    • newgirly
    • By newgirly 16th Dec 17, 9:57 AM
    • 6,103 Posts
    • 42,164 Thanks
    newgirly
    Another £58 off the food budget with a trip to Aldi last night, bought a few long dated Xmas platters of antipasti and salami towards new Xmas eve/Boxing Day.

    I feel like im already back on the frugal bandwagon even though we still have a few nights out for Xmas (Thai tonight, work do Friday, jazz and meal Tuesday) I think I'll defiantly do a dry January, I've been eating and drinking more than should and seem to have forgetten I'm on WW as we have missed weigh in due to having plans.

    Anyway I found an old bag of soap nuts in the kitchen cupboard so started using those again instead of buying a new big box of washing powder, all good so far

    Food wise im only shopping in Aldi now, it's a nightmare car park but I'm trying to go really late or early, it's well worth the saving.

    The heating is on quite a bit but not at the tropical temperatures which my Dd and dh feel is normal, if I'm alone it's off , but sadly I'm never alone in this house

    I think it will be pretty hard to stick to £400 in December and entertain multiple times, £231 spent now I think, I never ordered any m and s food in the end and shall do it on a budget and actually cook something
    MFW 21
    Target for 2018 £40k/£3769.26 paid so far

    Mortgage £43,856 4yrs 4 mths left. Total owed £58,228.74 planning to clear in 15 months
    Weight loss target 2018- 21lb /5 lb lost
    • michelle09
    • By michelle09 16th Dec 17, 11:43 AM
    • 640 Posts
    • 3,288 Thanks
    michelle09
    Sounds like you're doing well! December is never the easiest month to stick to budget.
    • newgirly
    • By newgirly 16th Dec 17, 1:15 PM
    • 6,103 Posts
    • 42,164 Thanks
    newgirly
    Thanks Michelle

    Thought I'd do my Meal plans for Xmas eve/Boxing Day. We have my parents both times and they can be a bit fussy, I'm happy to have a mix of ready made (from Aldi ) and homemade.

    So far I'm thinking for Xmas eve :

    Bubbly

    Bruschetta /pizza style brushettta for the boys

    Warm goats cheese, beetroot and walnut salad for me mum and dds boyfriend, same for dh and dad but with fish cakes

    Sausage roll wreath for the boys with potatoes and veg

    Not sure about dessert yet.


    Boxing Day:

    Bubbly again

    Nibbles:

    olives, Aldi antipasti platters, crisps, homemade hot cheesy things - perhaps pinwheels or cheese straws

    Sit down buffet style food:

    Ham

    Turkey (probably mum's leftovers)

    Salami and prosciutto

    Posh breads

    Normal frilly salad

    Carrot and coriander salad - nice last year

    Pickles

    cheese board /grapes and possibly figs if cheap enough

    Cranberry topped pork pie

    Brie and cranberry filo tart


    Desserts - again no idea!
    MFW 21
    Target for 2018 £40k/£3769.26 paid so far

    Mortgage £43,856 4yrs 4 mths left. Total owed £58,228.74 planning to clear in 15 months
    Weight loss target 2018- 21lb /5 lb lost
    • newgirly
    • By newgirly 17th Dec 17, 8:14 AM
    • 6,103 Posts
    • 42,164 Thanks
    newgirly
    £45.24 spent on groceries this morning, this time from Iceland. They had free delivery slots all the way up to next Saturday, I'm surprised they have not been snapped up like other places have.

    A couple of desserts for the freezer but mainly crackers/Xmas snacks/juice/croissant and non alcoholic drinks bought.

    Lovely evening last night at the Thai in the next town, we got an uber and it cost so much less than a cab, plus dh paid for the meal so I still have extra cash for the month if I run out of food money (which is a strong possibility!)

    Today I'm going to tesc* to change up my loose change and sell back the £40 euros I had left from the cruise to Amsterdam, it will go some way to paying for my highlights on Friday, I'm cancelling the cut so it should be "just" £82 plus tip having blonde hair is a big commitment, I used to dye and cut my own with stuff from £1land. Also need to get shower gel and shampoo whilst there.
    MFW 21
    Target for 2018 £40k/£3769.26 paid so far

    Mortgage £43,856 4yrs 4 mths left. Total owed £58,228.74 planning to clear in 15 months
    Weight loss target 2018- 21lb /5 lb lost
    • newgirly
    • By newgirly 17th Dec 17, 3:05 PM
    • 6,103 Posts
    • 42,164 Thanks
    newgirly
    Tesco coin machine was full up so I spent 20 mins chucking coins into the self service machine, the staff didn't look too impressed but there was no queue so why not it paid for essentials such as champagne for Xmas day and chambord £27.15 spent. Great veg bargains already in store , white potatoes and sprouts for 22p and 18p if I remember correctly.

    Off to start a bit of wrapping now
    MFW 21
    Target for 2018 £40k/£3769.26 paid so far

    Mortgage £43,856 4yrs 4 mths left. Total owed £58,228.74 planning to clear in 15 months
    Weight loss target 2018- 21lb /5 lb lost
    • CathT
    • By CathT 17th Dec 17, 3:28 PM
    • 5,416 Posts
    • 37,941 Thanks
    CathT

    Off to start a bit of wrapping now
    Originally posted by newgirly
    Whilst watching a Christmas film? Buffets sound great, are you elsewhere for Christmas day?
    Feb 2018 -
    part 1 - £78,989
    part 2 - £45,748
    Total - £124,737
    • newgirly
    • By newgirly 17th Dec 17, 4:17 PM
    • 6,103 Posts
    • 42,164 Thanks
    newgirly
    Probably a scary box set cath actually we are at my parents Xmas day and have them at our Xmas eve and then everyone at ours Boxing Day.
    MFW 21
    Target for 2018 £40k/£3769.26 paid so far

    Mortgage £43,856 4yrs 4 mths left. Total owed £58,228.74 planning to clear in 15 months
    Weight loss target 2018- 21lb /5 lb lost
    • newgirly
    • By newgirly 18th Dec 17, 3:48 PM
    • 6,103 Posts
    • 42,164 Thanks
    newgirly
    Getting there present wise about half done now and everything bought. Ds1 has had less spent so I'll give him some cash to balance it out.

    I've decided to cancel my highlights this friday, it's too much money and only 4 weeks since I last had it done, even if I cancel the cut i have to pay for a blow dry which is £20 on top, I'll hang it out until January. I've ordered some root touch up powder from Amazon to try instead

    Thought I'd try and list a few mse things I do everyday to keep it at the forefront of my mind and force me to actually make the effort regularly:

    - cancel highlights

    - heating low and off while I'm alone

    - swapped item I bought for me for Xmas present for friend

    - wash clothes with soap nuts

    - feed the kids their second roast dinner tonight, cooked double yesterday and plated up ready to zap
    MFW 21
    Target for 2018 £40k/£3769.26 paid so far

    Mortgage £43,856 4yrs 4 mths left. Total owed £58,228.74 planning to clear in 15 months
    Weight loss target 2018- 21lb /5 lb lost
    • newgirly
    • By newgirly 19th Dec 17, 7:57 AM
    • 6,103 Posts
    • 42,164 Thanks
    newgirly
    A great night with ds2 last night - watching tv the return of "leaugue of gentlemen" had us beside ourselves with excitement after a 20 year absence we watched it twice incase we missed anything

    Todays mse aims:

    - Make a leftover gammon something or other for dinner for dh

    - cancel dentist for me Wednesday (dh has booked a jazz night meal in london, not sure what I would prefer really dentist or jazz , shhh dont tell him )

    - meal plan rest of week, need to free up fridge and freezer space ready for Xmas food

    - online research desserts to make /buy on a budget

    - check accounts are balanced
    MFW 21
    Target for 2018 £40k/£3769.26 paid so far

    Mortgage £43,856 4yrs 4 mths left. Total owed £58,228.74 planning to clear in 15 months
    Weight loss target 2018- 21lb /5 lb lost
    • themadvix
    • By themadvix 19th Dec 17, 8:53 AM
    • 1,328 Posts
    • 7,955 Thanks
    themadvix
    Wise choice to hang on with highlights till Jan, I think - stringing things out like that can make a huge difference to how expensive they are in the long run

    It sounds like you're really organised and looking forward to Christmas and the New Year now Enjoy!
    OPs 2017 = £3103
    S&S ISA 2017 = £626
    OPs 2016 = £6142.12
    Starting balance 2012: £132000; balance Dec 2017: £96,822
    MFW2017 no. 38
    • newgirly
    • By newgirly 19th Dec 17, 9:52 AM
    • 6,103 Posts
    • 42,164 Thanks
    newgirly
    Cheers vix, you too
    MFW 21
    Target for 2018 £40k/£3769.26 paid so far

    Mortgage £43,856 4yrs 4 mths left. Total owed £58,228.74 planning to clear in 15 months
    Weight loss target 2018- 21lb /5 lb lost
    • greent
    • By greent 19th Dec 17, 1:22 PM
    • 6,668 Posts
    • 68,654 Thanks
    greent
    All sounding very organised, ng! xx
    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
    BTL Mtge 12/16 £69786. 2018 OPs (#18) £36.39/£4000
    Net sales 2018 £20.45/£1000 PAYDOX18 £991.65/£18654.16 Decluttered 225/2018 items
    • newgirly
    • By newgirly 20th Dec 17, 8:41 AM
    • 6,103 Posts
    • 42,164 Thanks
    newgirly
    Just about to get up after a late night checking Dd got in ok from her new work's Xmas do at ministry of sound, she was too late for a tube and helping her manager look for a drunk missing staff member! All good in the end.

    It's count down time for league of gentlemen tickets going in sale at 9am my dilemma of how to pay has been solved - I wanted to get one for me, Dd and ds2 for Xmas but am up to limit (well a fair way over really) with all three of them so would have to find a lot extra. Then I realised it's not until September which is after their 18/21sts I can pay for theirs from the birthday savings and give them as birthday presents instead of Xmas, as far as I know he have no idea they will be live anyway as it's a bbc2 show so no advertising I'll pay for mine with Xmas money hopefully! Fingers crossed I get some now......

    Mse plans for day:

    - Check food budget - spent £90 odd in Aldi last night buying Xmas food and drink that will keep, I must be dangerously close to the £400 limit with still lots to get!

    - Go to see Star Wars with dd with my pass and a meerkat free ticket

    - take drinks to cinema

    - go through topcashback for tickets

    - go to jazz evening at pizza express with dh where hopefully he will pay

    - do some slow cooker jackets for dinner for the boys so they won't get chips while we are out, plus you don't even need to use the microwave , even less effort required for them
    MFW 21
    Target for 2018 £40k/£3769.26 paid so far

    Mortgage £43,856 4yrs 4 mths left. Total owed £58,228.74 planning to clear in 15 months
    Weight loss target 2018- 21lb /5 lb lost
    • newgirly
    • By newgirly 20th Dec 17, 3:32 PM
    • 6,103 Posts
    • 42,164 Thanks
    newgirly
    Another lazy day and we even skipped Star Wars as dd was tired, it's been her first free day for a long time so it's fair enough.

    Accounts checked and £37.69 left in the grocery budget for the month plus £81 cash left for everything else, it will be squeaky!

    I've also set up a monthly standing order for £230 to go to the isa for the birthday/Xmas/cruise savings. Another £25 pm is going to an esaver for car expenses (not tax) from January. I'll set up a standing order for a monthly op next year when I find out how much they will take by dd for the interest, the last year the interest charged has been £90 odd pm and he Dd has been for £198 so it should reduce a fair bit this year.

    Total mortgage payments pm will be about £2,908 with £700 left to live on, but I'm feeling quite motivated right now, let's hope that lasts

    Managed to get 3x fairly decent tickets for league of gentlemen this morning which had sold out of all stalls seats in 5 seconds! Crazy. I do do have to tell dd though as she had seen advert in town for them and was looking at buying them off viagogo for £££.
    MFW 21
    Target for 2018 £40k/£3769.26 paid so far

    Mortgage £43,856 4yrs 4 mths left. Total owed £58,228.74 planning to clear in 15 months
    Weight loss target 2018- 21lb /5 lb lost
    • newgirly
    • By newgirly 21st Dec 17, 7:34 AM
    • 6,103 Posts
    • 42,164 Thanks
    newgirly
    Our dinner last night at pizza express jazz cafe (not including £32.50 each tickets) was £89.90 garlic bread and dough balls, 1x normal pizza 1x with the salad in the middle, bottle of cheap red , 2x beers , one coffee and mini dessert. Can't believe how much dearer than usual it was , even an extra £10 service charge applied. Wow.

    Only the works xmas do left now, the company will pay for the food and dh will tell everyone they will do a whip and then probably pay for all the drinks too like he normally does I'm feeling like a bit of a bloater the last few weeks, I've put on a fair few pounds going out and having baileys in the house, need to get back on track with the diet as well as the finances after Xmas.

    Mse plans for he day:

    - Do all washing up to date and change all kids beds without having the heating whacked up all day do dry it all

    - do a list for grocery shop and possibly do most if it

    - buy some of the super cheap veg that's around , we don't need it for Xmas but it will last afterwards and I can make roasts with leftovers and soup.

    - update mfw 2017 challenge , there will be no more payments this year now as Decembers might net will go in savings (what little here will be!)

    - officially join 2018 challenge and set target
    MFW 21
    Target for 2018 £40k/£3769.26 paid so far

    Mortgage £43,856 4yrs 4 mths left. Total owed £58,228.74 planning to clear in 15 months
    Weight loss target 2018- 21lb /5 lb lost
    • AlexLK
    • By AlexLK 21st Dec 17, 2:41 PM
    • 5,967 Posts
    • 31,443 Thanks
    AlexLK
    You're doing really well and still having a lot of fun. Despite the expense how was the Jazz cafe experience? My wife keeps saying we should go to an independent one in Newark on Trent when we go to the antiques / agri fairs there. Mind she's also made me realise how much I miss the crazy VIth form / uni days having dug out lots of old vinyl / CDs from the 90s.

    We are also going to need to sort the eating, drinking and (lack of) exercise come the new year too.
    2018 totals:
    Savings £4568.77
    Mortgage Overpayments £250

    Saved £11,000 in 2015, £9,800 in 2016.
    From a £32,000 debt on 2/9/2013 to debt free on 12/1/2015.
    • newgirly
    • By newgirly 21st Dec 17, 4:00 PM
    • 6,103 Posts
    • 42,164 Thanks
    newgirly
    Jazz is not my thing Alex, but it was very atmospheric in the venue , a fairly small underground place in soho, they always have stuff on there and it's only 5 mins walk from Tottenham Court Road tube - get the inlaws to have littlek for the weekend and surprise your dw with a nice adults only night or two away
    MFW 21
    Target for 2018 £40k/£3769.26 paid so far

    Mortgage £43,856 4yrs 4 mths left. Total owed £58,228.74 planning to clear in 15 months
    Weight loss target 2018- 21lb /5 lb lost
    • AlexLK
    • By AlexLK 21st Dec 17, 5:34 PM
    • 5,967 Posts
    • 31,443 Thanks
    AlexLK
    My wife would love that, NG. She also tells me on occasion she would like to go to London for a weekend together. Perhaps we could combine the two and a restaurant which beats our usual more dogs than people local.
    2018 totals:
    Savings £4568.77
    Mortgage Overpayments £250

    Saved £11,000 in 2015, £9,800 in 2016.
    From a £32,000 debt on 2/9/2013 to debt free on 12/1/2015.
    • smallholdingsister
    • By smallholdingsister 21st Dec 17, 5:36 PM
    • 3,553 Posts
    • 29,810 Thanks
    smallholdingsister
    I was really jealous of you until you mentioned the bill. Who was playing?

    One of our faves plays there sometimes (Stacey Kent).
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

1,571Posts Today

9,196Users online

Martin's Twitter