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  • FIRST POST
    • Secret Saving Squirrel
    • By Secret Saving Squirrel 28th Aug 10, 7:05 PM
    • 3,874Posts
    • 36,656Thanks
    Secret Saving Squirrel
    Squirrelling it all away......
    • #1
    • 28th Aug 10, 7:05 PM
    Squirrelling it all away...... 28th Aug 10 at 7:05 PM
    Hello,

    I have been reading the MFW diaries for some months now and am finally in a position to begin some serious overpaying. I intend to overpay £1500 per month in order to finish our mortgage on 1.3.13. It seems a nice symmetrical date.

    I have a good full time job, and so does OH. Our children are grown up and it would be great to see an end to the mortgage so that we can enjoy our 'autumn' years! I am 49 and he is 53 so we are still spring chickens really..... The overpayments will mean quite a sacrifice but it really hurts me to see how the banks profit so hugely from us - (how can they charge 7% for loans and pay only 0.25% on an ISA, and still keep a straight face?) - I get quite Mrs Angry when I think about these things, and see how they prey on the careless.

    But best not to get me started. I've always been fairly sensible with money but OH really isn't and gets fed up when I talk about it so I hope the diary will inspire me to keep going in the face of his apathy! My intention is to post every couple of days with my ramblings about squirrelling away for the future. I have really enjoyed everybody's diaries and hope that mine will not be too dull!

    Thanks for listening

    Squirrel
Page 218
    • greent
    • By greent 20th Sep 17, 4:09 PM
    • 6,654 Posts
    • 67,707 Thanks
    greent
    Have a fab trip 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
    BTL Mtge 12/16 £69786. 2018 OPs (#18) £0/£4000
    Net sales 2018 £17.38/£1000 PAYDOX18 £0/£30k ?? Decluttered 136/2018 items
    • earthgirl
    • By earthgirl 20th Sep 17, 6:37 PM
    • 1,855 Posts
    • 20,691 Thanks
    earthgirl
    Hopeyou have a great holiday. Glad you are looking forward to a thrift Christmas!
    15/5/12 Paid off Mortgage 1 (£220k) Dec 13 - £116,508 Bought Dream House Dec 14 - £94, 402 (£22,106 offset in 2014) Jan 16 - £67, 852 (£26,550 offset in 2015) Dec 16 - £33,529 ( £34,323offset in 2016)
    Jan 17 - £39, 773 (Re-estimation of endowments )
    Sept 17 £22,619 Jan 18 - £11,687
    Kids savings 13,578/36k
    • Secret Saving Squirrel
    • By Secret Saving Squirrel 10th Oct 17, 6:02 AM
    • 3,874 Posts
    • 36,656 Thanks
    Secret Saving Squirrel
    Hello

    Just waiting for it to get light as I am wide awake on the last day of our trip and oh is still fast asleep. We will be home by teatime and have a very busy day tomorrow catching up on admin, getting an MOT and collecting the camper. I also have a meeting at a local school where I will be doing supply next week.
    We have had a great break and are revved up and ready for a productive, fun and thrifty autumn.
    All the best
    Squirrel
    Paid off mortgage nine years early in 2013. Now picking and choosing our work to fit in with the rest of our lives!
    Still thrifty though, after all these years
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 10th Oct 17, 6:44 AM
    • 822 Posts
    • 3,629 Thanks
    wishingthemortgaheaway
    Safe journey home and good luck with the supply meeting.
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2025
    MFW 2018 Challenge Member #162 0/£2,500
    • greent
    • By greent 10th Oct 17, 10:01 AM
    • 6,654 Posts
    • 67,707 Thanks
    greent
    Safe journey home 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
    BTL Mtge 12/16 £69786. 2018 OPs (#18) £0/£4000
    Net sales 2018 £17.38/£1000 PAYDOX18 £0/£30k ?? Decluttered 136/2018 items
    • Secret Saving Squirrel
    • By Secret Saving Squirrel 19th Oct 17, 4:55 PM
    • 3,874 Posts
    • 36,656 Thanks
    Secret Saving Squirrel
    Hello,

    We have been back for over a week now and it seems like we never went away! I have been back at work for four days and getting up early has been a massive shock to the system. However, I am quite enjoying it and the novelty has not worn off yet. It will be nice to have a few extra pounds in the pot.

    The camper is repaired and oh is getting it ready to sell. We will decide next year whether to buy another. When it goes we will be a one vehicle family for the first time ever. I think it will work out fine but time will tell. It will be nice to be paying only one lot of car tax and insurance.

    I am looking forward to this Autumn, we have a few nice social events lined up and we have cut lots of free wood for the fire. This year will probably be our most expensive ever, but still less than most and we have had an amazing time so far.
    Paid off mortgage nine years early in 2013. Now picking and choosing our work to fit in with the rest of our lives!
    Still thrifty though, after all these years
    • earthgirl
    • By earthgirl 19th Oct 17, 7:46 PM
    • 1,855 Posts
    • 20,691 Thanks
    earthgirl
    Glad you are enjoying work and had a great year. Love free heating too!
    15/5/12 Paid off Mortgage 1 (£220k) Dec 13 - £116,508 Bought Dream House Dec 14 - £94, 402 (£22,106 offset in 2014) Jan 16 - £67, 852 (£26,550 offset in 2015) Dec 16 - £33,529 ( £34,323offset in 2016)
    Jan 17 - £39, 773 (Re-estimation of endowments )
    Sept 17 £22,619 Jan 18 - £11,687
    Kids savings 13,578/36k
    • Secret Saving Squirrel
    • By Secret Saving Squirrel 20th Oct 17, 4:44 PM
    • 3,874 Posts
    • 36,656 Thanks
    Secret Saving Squirrel
    We have taken down a whole load of ornamental wooden beams from the bedroom ceilings as we have redecorated each room. They have probably been up for 50 years so are well seasoned and will provide a whole winter of logs! Plus a couple of old fence panels have been broken up for kindling.

    Our water bill has gone down by £2 a month for the next year so another £24 saved there. Apart from fairly frugal supermarket spends it has been a no spend week. Although oh is off to t....o tomorrow to stock up on wine for the winter while it is 25% off.....

    We are staying in tonight and have dil and bil round for home cooked dinner tomorrow. So hoping for a quiet and thrifty weekend after my unusually ( for me!) busy week. And really looking forward to that lie in!
    Paid off mortgage nine years early in 2013. Now picking and choosing our work to fit in with the rest of our lives!
    Still thrifty though, after all these years
    • smallholdingsister
    • By smallholdingsister 20th Oct 17, 6:16 PM
    • 3,624 Posts
    • 28,964 Thanks
    smallholdingsister
    What is the school like?
    • pinkypig
    • By pinkypig 21st Oct 17, 9:44 AM
    • 872 Posts
    • 7,534 Thanks
    pinkypig
    I love your diary Squirrel, it was one of the ones that got me started.
    I think it was the not wanting to teach in places I didn't want to be until age 60 that really hit a chord thank you for the heads up

    PP xx
    • Secret Saving Squirrel
    • By Secret Saving Squirrel 23rd Oct 17, 11:47 AM
    • 3,874 Posts
    • 36,656 Thanks
    Secret Saving Squirrel
    Thank you, Pinky, it is lovely to know that the many thousands of words that I have poured onto this forum have had some impact. Although I do think that the greatest impact has been on myself. There is nothing like putting your intentions down in black and white for the whole world to see to keep you on track!

    SHS, the school is a local church comprehensive and I have worked there before so I feel very comfortable. I was in middle management there and it had some challenges in that area, but now I am just doing classroom teaching and it is lovely. I am covering someone who is ill and it does look as if I may be there on and off for a while, which means I will have earned at least my personal tax allowance for this year by Christmas. This was always my intention as who doesn't like tax free work?! But once that has been achieved I doubt if I will do any more until after April.

    We had a lovely weekend and spent very little. We began our Christmas shopping for pound presents in a large charity shop and made an excellent start. Lots of new items there. I always feel quite sad in places like that, thinking of the amount of money people spend on items as gifts that the recipient really doesn't want. Still, the charities benefit, as do weird families like my own.....

    Have a good week,
    Squirrel
    Paid off mortgage nine years early in 2013. Now picking and choosing our work to fit in with the rest of our lives!
    Still thrifty though, after all these years
    • smallholdingsister
    • By smallholdingsister 23rd Oct 17, 8:29 PM
    • 3,624 Posts
    • 28,964 Thanks
    smallholdingsister
    Sounds lovely. The only kind of school I still want to try out is a Church school.
    • Secret Saving Squirrel
    • By Secret Saving Squirrel 26th Oct 17, 12:36 PM
    • 3,874 Posts
    • 36,656 Thanks
    Secret Saving Squirrel
    When I first went there the head sounded off a lot about how their religious values made the school a nicer place to work. I was quite cynical, thinking kids will be kids... But actually it is true. I would recommend it.
    I will be back on Monday as the teacher I am replacing is still unwell. As it looks like being longer term I will do some tough talking about my daily rate on Monday.
    I have been tidying up all day. Despite a year or more of gradual decluttering I still feel that we have too much stuff. Making an early start on Xmas shopping hasn't helped our storage issues!
    Very dull and wet here so no walk today, just lots of housework. Have a good day all.
    Paid off mortgage nine years early in 2013. Now picking and choosing our work to fit in with the rest of our lives!
    Still thrifty though, after all these years
    • smallholdingsister
    • By smallholdingsister 26th Oct 17, 1:51 PM
    • 3,624 Posts
    • 28,964 Thanks
    smallholdingsister
    You are good. I am pants at negotiating pay.
    • Secret Saving Squirrel
    • By Secret Saving Squirrel 27th Oct 17, 9:18 AM
    • 3,874 Posts
    • 36,656 Thanks
    Secret Saving Squirrel
    I am not being particularly tough, but just want them to be fair to me. If they are going to pay supply rate, then I won't do prep and marking. If they want to pay me on my place on the teacher's pay scale, then I will happily do prep, marking, parents evenings and everything else. Just up to them to choose what they want.
    Oh has woken up very sulky and argumentative this morning so I am making myself scarce until he cops on to himself.
    Paid off mortgage nine years early in 2013. Now picking and choosing our work to fit in with the rest of our lives!
    Still thrifty though, after all these years
    • smallholdingsister
    • By smallholdingsister 27th Oct 17, 10:25 AM
    • 3,624 Posts
    • 28,964 Thanks
    smallholdingsister
    Brilliant. Boo hiss to OH.
    • Karmacat
    • By Karmacat 27th Oct 17, 6:43 PM
    • 28,346 Posts
    • 157,804 Thanks
    Karmacat
    I am not being particularly tough, but just want them to be fair to me. If they are going to pay supply rate, then I won't do prep and marking. If they want to pay me on my place on the teacher's pay scale, then I will happily do prep, marking, parents evenings and everything else. Just up to them to choose what they want.
    Originally posted by Secret Saving Squirrel

    That's wonderful

    Oh has woken up very sulky and argumentative this morning so I am making myself scarce until he cops on to himself.
    Thats *not* wonderful

    Things sound really good
    Retired August 2016
    • Teacher2
    • By Teacher2 28th Oct 17, 11:24 AM
    • 506 Posts
    • 2,558 Thanks
    Teacher2
    I have had a bit of a catch up on this thread and seen you have gone and returned and started another job. Phew!

    Good luck with the prudent Christmas shopping. I thought it would be a good idea myself but when my DD suggested to my sister we should do a Secret Santa a massive hissy fit was thrown. It's going to be difficult for us as the OH was made redundant a couple of weeks back and there's no hint of another job on the horizen as he's over 60 now. Needless to say, the sister in question has a full time job as does her husband and her three DDs are now off hand. But sensitivity was never her defining feature!
    • CathT
    • By CathT 28th Oct 17, 1:15 PM
    • 5,425 Posts
    • 37,594 Thanks
    CathT
    Just be chatting about various points you have raised in your diary over the years to by DH who is on board with the MFW journey but leaves it up to me. He seemed to respond in a way which makes me think he took it on board.

    Sorry to hear the camper has proved to be expensive and a bit of a hassle. You've managed to go away in it quite a bit though haven't you?
    Jan 2018 -
    part 1 - £79,207
    part 2 - £45,863
    Total - £125,070
    • Secret Saving Squirrel
    • By Secret Saving Squirrel 29th Oct 17, 9:15 PM
    • 3,874 Posts
    • 36,656 Thanks
    Secret Saving Squirrel
    Hello,

    Yes, the camper has been really great. We didn't pay a lot for it and it has been well worth it while it was going well. To be honest, even with the cost of repairs to date, it has earned its keep as we had a lot of use and some brilliant times with it. We may buy another in the spring, we will see. And this one is running well now and will still have a good lease of life with someone who is a bit more mechanically minded than us and who can keep it maintained and do some of the more basic repairs themselves. So now oh is on a mission to get it cleaned, photographed and advertised this week.

    Teacher2, I am sorry about your oh. Nobody likes to be catapulted into retirement when they are not ready. Under the circumstances, your sister should be a little more sensitive. We have had fun with our minimal presents and I only have a few more to buy now. Oh and I have agreed to buy each other a day out somewhere so gift costs will not be a financial burden at all this year.

    We have had a no spend weekend. We met up with friends yesterday and today I was volunteering so still quite social. And back to work tomorrow. I hope you all have a good week.

    PS does anyone know what has happened to Edinburgher? I just realised that I hadn't seen his diary for ages.
    Paid off mortgage nine years early in 2013. Now picking and choosing our work to fit in with the rest of our lives!
    Still thrifty though, after all these years
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