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
    • CathT
    • By CathT 2nd Sep 10, 11:22 AM
    • 4,883Posts
    • 33,471Thanks
    CathT
    CT's attempt at being mortgage free
    • #1
    • 2nd Sep 10, 11:22 AM
    CT's attempt at being mortgage free 2nd Sep 10 at 11:22 AM
    Hi all,

    Originally came across this forum and had the idea of OP in the short term while interest rates so low but have been so inspired to make being MF a realistic goal.
    Initially was inspired by Financial Bliss's diary and then read many others taking in lots of tips and posting the occasional comment.

    So, a bit about me. Live with DH and DD (aged 2) with outstanding mortgage of just over 119,000 with about 19.5 years left on the term. We are young ish! and would hope to be MF by time i'm 40 (DH 45) so pretty much a 10 year ish plan.

    We have a fair income (about 40k joint) but have been used to living on a lot less so am hoping to direct disposable income at mortgage)

    Thanks for reading so far and I hope you will join me on my journey to keep me motivated!!
    Last edited by CathT; 20-12-2011 at 1:49 PM.
    June 2010 £121,287
    Nov 2016 £84,680
    WIOTW Nov £92,214
Page 190
    • newgirly
    • By newgirly 13th Oct 16, 7:32 AM
    • 5,206 Posts
    • 35,876 Thanks
    newgirly
    How exciting
    MFW 21
    Target for 2016 £30,000 \ £72,350.11 paid so far

    Mortgage £63,080 5 yrs 8 months left. Total owed £92,893.96.

    Weight loss 2016 - 18.25 lb lost 40lb target
    • Moneyfordreams
    • By Moneyfordreams 13th Oct 16, 7:47 AM
    • 645 Posts
    • 3,038 Thanks
    Moneyfordreams
    But what an achievement when it's complete
    Mortgage Feb '13 £200000, end 2038. Aiming for before March 2025 (crunched to 2034)
    January 16 £182800 : minimum £360 OP but needs to be £600 to achieve 2025
    Current mortgage £168060
    Car loan finished oct 16
    h@lifax CC £5360 0% until May 2018.. will pay minimum for now, slow stooze
    • Watty1
    • By Watty1 13th Oct 16, 8:57 AM
    • 2,482 Posts
    • 17,556 Thanks
    Watty1
    Exciting if dusty day then ....
    Mortgage at start of diary Sept 2013: £132,995 Aug 2015 £0
    Overpaying next mortgage. £79,491 now £68801
    • AlexLK
    • By AlexLK 13th Oct 16, 10:09 PM
    • 5,118 Posts
    • 25,835 Thanks
    AlexLK
    Sounds like everything is going well.

    £161 on food and petrol, not sure how this is possible but well done. By this time of the month we've usually spent £250-300 on petrol and £150-200 on food.
    Savings 2016: £9,790.
    £32,000 in debt on 2/9/2013. Debt free on 12/1/2015.
    Saved £11,000 in 2015.

    • CathT
    • By CathT 15th Oct 16, 8:58 AM
    • 4,883 Posts
    • 33,471 Thanks
    CathT
    There is minimal dust

    There were at least 5 builders here when I got home from work - couldn't only get into my living room so it was a rough headcount! They achieved soso much in one day. Wall down, steel in, dust gone and they cleaned the drive! We can really visualise the space now and think it looks amazing! Need to plan how I will look from kitchen angle and then from new part angle as it extends around the corner. Basically we are really happy with it!

    £100 gift card from m*s has arrived earlier than expected. Another one should be here in a few days for the other account.

    Plan for today

    Chase up joiner who was meant to be here an hour ago
    Ds swimming lessons (dh is taking him)
    Fill in 2 passport forms
    Ask friend of dh to sign passport photo
    Sort out kitchen as moved everything for building work
    Email piano tutor
    Cinema with dd
    June 2010 £121,287
    Nov 2016 £84,680
    WIOTW Nov £92,214
    • CathT
    • By CathT 16th Oct 16, 3:31 PM
    • 4,883 Posts
    • 33,471 Thanks
    CathT

    £100 gift card from m*s has arrived earlier than expected. Another one should be here in a few days for the other account. the other one arrived! Think me way use if for home furnishings rather than food!

    Plan for today

    Chase up joiner who was meant to be here an hour ago done, someone be here Tuesday
    Ds swimming lessons (dh is taking him) done
    Fill in 2 passport forms
    Ask friend of dh to sign passport photo
    Sort out kitchen as moved everything for building workwork done
    Email piano tutortutor done
    Cinema with dd
    Originally posted by CathT
    done, think I loved the film more than dd!

    I'm now at the point of the weekend where I'm completely exhausted! I've had a proper coffee (that I'd bought for the builders, hoping it will perk me up) watched dd at her first foortball match this morning. She was man of the match along with her teammate

    Had a productive few visits to Mr s, they had emailed me about bonus points per £10 spend so dh got fuel yesterday (buy we realised it doesn't work on pay at the pump). Filled up with fuel a few times and split my top up shop into 2 transactions and earned us 7000 points! That was worth the effort

    Water bill has arrived and I was a bit shocked at the cost until I realised that was for a 6 month period, its now a measured bill which is better.

    Plan on relaxing for the rest if the day,anything not done will have to stay that way. I had my blood results back from the gp last week and have a ferritin level of 5! Explains my exhaustion!
    Last edited by CathT; 17-10-2016 at 6:35 AM.
    June 2010 £121,287
    Nov 2016 £84,680
    WIOTW Nov £92,214
    • CathT
    • By CathT 17th Oct 16, 6:43 AM
    • 4,883 Posts
    • 33,471 Thanks
    CathT
    Not much happening this week as we are in the final days before payday. However, plan has been made and on paper we have surplus income!

    Over the weekend i treated myself to an ornament from next I've wanted for a while and even bought a cheaper alternative in the sale. What's that saying? 'Pay cheap, pay twice?' Its now sat looking lovely on the living room windowsill and dh sold a £20 giftcard to me for £15! Item was £10 cheaoer than i thought too so I think I've had a bargain!

    Made a risotto yesterday as discovered a box of risottorice and we used up items in the firdge. I just extravagantly purchased some pre-chopped butternut squash! Also roasted a chicken which we will use for meals this week. Access to the kitchen may be limited so need to plan ahead.

    Taking a few days off next week as it's half term here, I cannot wait! Just hoping for fine and dry weather as the actual extension should have started then and garden be out of bounds!

    Still lots of my weekend to do list to do. Will try and chip away at it but that's not looking too promising during the working week!
    June 2010 £121,287
    Nov 2016 £84,680
    WIOTW Nov £92,214
    • CathT
    • By CathT 18th Oct 16, 6:22 AM
    • 4,883 Posts
    • 33,471 Thanks
    CathT
    I always feel better once Monday is out if the way

    Amazing progress from our builders yesterday! Although the roofer and joiner started last week this is only the second day of builders. So far the have knocked down a supporting wall, put in steels, fitted spotlights in new room and built partition to create the snug! They are starting the extension tomorrow! So far its not impacting on the household and I just go to work, come home after builders have left and just et to see the progress with no mess to clean up.

    I am super impressed!!

    £5 top up shop, dh extravagantly spent 99p on a drink for ds!

    I took dd to the 3nt3rtainer at the weekend to spend a birthday voucher and all I could think when I saw the toys/games was 'what a lot of money for mostly rubbish!' Dd chose a magic set and colouring pens. I had a quick look at board games and have always wanted trivial pursuit. Bought it off a local selling page yesterday for £4 and collected it from near dd piano lessons.

    2 days until payday, plodding productively!
    June 2010 £121,287
    Nov 2016 £84,680
    WIOTW Nov £92,214
    • Karmacat
    • By Karmacat 18th Oct 16, 9:24 AM
    • 26,541 Posts
    • 140,116 Thanks
    Karmacat
    Amazing progress from our builders yesterday! Although the roofer and joiner started last week this is only the second day of builders. So far the have knocked down a supporting wall, put in steels, fitted spotlights in new room and built partition to create the snug! They are starting the extension tomorrow! So far its not impacting on the household and I just go to work, come home after builders have left and just et to see the progress with no mess to clean up.
    Originally posted by CathT
    That *is* amazing

    2 days until payday, plodding productively!
    I love that
    Save
    Retired August 2016

    Goal: earnings of £25k from new opportunities from September 2016 to December 2020 when my state pension kicks in.
    Currently: 86.53/25,000
    Save
    • CathT
    • By CathT 20th Oct 16, 7:49 AM
    • 4,883 Posts
    • 33,471 Thanks
    CathT
    Payday for dh. Wages might be wrong but will know more when he gets his payslip. Transfer done to m*s so we get a £10 top up on gift card this month. Will do the rest of the mkneyshufflr over the next couple of days.

    17p Tilly tidy.

    So glad its almost the end of the week. I'm on day 2 of an unpleasant headache.
    June 2010 £121,287
    Nov 2016 £84,680
    WIOTW Nov £92,214
    • newgirly
    • By newgirly 20th Oct 16, 8:08 AM
    • 5,206 Posts
    • 35,876 Thanks
    newgirly
    Hope the headache clears up soon cath, not surprised you have one with all that's going on at the moment!
    MFW 21
    Target for 2016 £30,000 \ £72,350.11 paid so far

    Mortgage £63,080 5 yrs 8 months left. Total owed £92,893.96.

    Weight loss 2016 - 18.25 lb lost 40lb target
    • CathT
    • By CathT 21st Oct 16, 6:48 AM
    • 4,883 Posts
    • 33,471 Thanks
    CathT
    Another payday and money shuffle. Not as quick as I'd like as m*s are a bit slow at transferring money back! For some reason had money leftover in one m*s account, not checked other one yet but will with OP off mortgage or t3sco. Planning a £500 payment off that though so might prioritise the mortgage

    Zero building work yesterday, next step is to box in steel ready for plasterer who is calling on Monday. Extension will be dug out tomorrow! Our builders have had a set back on another job which unfortunately has affected ours but the delay is manageable as everywhere so tidy and liveable!

    20p Tilly tidy and rest of money shuffle will happen later.

    I still need to chase about overpaid car tax, the website certainly doesn't make it easy but we are owed £25!

    Day 3 of headache. Starting to wonder if I actually have some sort of virus. One more day at work then a few days off
    June 2010 £121,287
    Nov 2016 £84,680
    WIOTW Nov £92,214
    • debtfreeoneday
    • By debtfreeoneday 21st Oct 16, 10:38 AM
    • 2,379 Posts
    • 7,878 Thanks
    debtfreeoneday
    Hope the headache goes soon, lots of bugs about at the moment..

    Good progress on the building work despite the little setback!
    DFW (08/08) £64,346.53
    CC1 - £1111.99 ~~~ CC2 - £975.00
    MFW (01/15) £118,031.21 £102,178.42
    • Brodiebobs
    • By Brodiebobs 21st Oct 16, 11:40 AM
    • 726 Posts
    • 3,015 Thanks
    Brodiebobs

    I still need to chase about overpaid car tax, the website certainly doesn't make it easy but we are owed £25!

    Day 3 of headache. Starting to wonder if I actually have some sort of virus. One more day at work then a few days off
    Originally posted by CathT
    It comes in for the form of a cheque, i was just on the verge of ringing to chase and it appeared almost 5 weeks after we had confirmation the vehicle was out of our name.

    And after all that it was £9.70
    Addicted to MSE.
    Overpaying mortgage for a better debt free life!
    • CathT
    • By CathT 22nd Oct 16, 9:15 AM
    • 4,883 Posts
    • 33,471 Thanks
    CathT
    At last, a 4 day break from work

    Building work slowed down a bit towards the end of the week but will catch up today. I arrived home yesterday to find diggers on our drive! The extension is being dug out today and hopefully plastering being done on Monday. Am hoping internal work be ready for decorating in the next couple of weeks. Need to buy a new TV and sofa but dh doesn't trust my measuring skills and wants to wait until the sofa arrives next week before trusting me to order another. I have form, I bought a corner sofa a few years ago that didn't fit!

    50p on y0ugov so up to £17 on there. Made a £20 mortgage op from extra money found in m*s accounts.

    Busy day planned and off out with dh this evening so best get moving!

    Monthly spends

    Food. £157.97
    Petrol £155.04
    Last edited by CathT; 24-10-2016 at 7:09 AM.
    June 2010 £121,287
    Nov 2016 £84,680
    WIOTW Nov £92,214
    • CathT
    • By CathT 22nd Oct 16, 10:05 AM
    • 4,883 Posts
    • 33,471 Thanks
    CathT
    It comes in for the form of a cheque, i was just on the verge of ringing to chase and it appeared almost 5 weeks after we had confirmation the vehicle was out of our name.

    And after all that it was £9.70
    Originally posted by Brodiebobs
    Thanks Brodie bobs. We are also owed from when I set up new dd so they took double payments for the first mont. Fingers crossed they realise and refund!!
    June 2010 £121,287
    Nov 2016 £84,680
    WIOTW Nov £92,214
    • debtfreeoneday
    • By debtfreeoneday 23rd Oct 16, 8:00 AM
    • 2,379 Posts
    • 7,878 Thanks
    debtfreeoneday
    Hope you had a nice night out!
    DFW (08/08) £64,346.53
    CC1 - £1111.99 ~~~ CC2 - £975.00
    MFW (01/15) £118,031.21 £102,178.42
    • CathT
    • By CathT 24th Oct 16, 8:09 AM
    • 4,883 Posts
    • 33,471 Thanks
    CathT
    We did thanks dfod, despite having a fab time I was yawning by 9pm!
    June 2010 £121,287
    Nov 2016 £84,680
    WIOTW Nov £92,214
    • CathT
    • By CathT 24th Oct 16, 8:24 AM
    • 4,883 Posts
    • 33,471 Thanks
    CathT
    All payday payments made. Have prioritised one of the 0% cards as the deal ends in Feb so smaller payments off the other two. 4 passport forms filled in yesterday. Just need to get photos for Ds and me and then a teacher friend of dh will countersign.

    We had 3 workmen here on Saturday so hopefully caught up with the build. Looks like all foundations are dug out now and dh tells me concrete is going in today. I'm just glad it has stayed dry but also think I mis-timed my annual leave days!

    Off to meet a friend and her children later, it's rather sad that I can only do this when I have extra time off work. Will be good to get our children together though
    June 2010 £121,287
    Nov 2016 £84,680
    WIOTW Nov £92,214
    • CathT
    • By CathT 25th Oct 16, 11:04 AM
    • 4,883 Posts
    • 33,471 Thanks
    CathT
    Morning!

    Its fairly productive here, none of it courtesy of me as I have zero energy! Seriously struggling and hoping the iron tablets work their magic soon.

    Build wise smaller jobs done yesterday but will help end result. Builder called with building inspector to check footings and all is OK however that means the bill will be on its way! Electrician called back to install another double socket as we realised one end of the room had none. Chap who does our tv jobs called and will do some work this afternoon. Joiner called to fit some wood to new steel work. All little jobs which felt like minor progress compared to the changes we had seen in one day last week. However..... Tomorrow, the concrete is going in for the foundations and the plastering will be done. I should in theory come home from work to see major progress and I would prefer to be out of the way when it happens!

    Went pumpkin picking yesterday, managed to only spend £2.50 as avoided paying £6 for the maze by not buying associated word hunt paperwork!
    June 2010 £121,287
    Nov 2016 £84,680
    WIOTW Nov £92,214
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

5,286Posts Today

7,104Users online

Martin's Twitter
  • It's not fair or accurate to assign all leave voters (nor remainers) one voice. The vote may have been binary but t? https://t.co/QMqKrfY1jv

  • That's cos the UK voted for Brexit. The choice now unless something radical happens is what type. (Plus twitter o? https://t.co/SLmh2jL4bU

  • Todays twitter poll: The lib dem leader says more people now want soft brexit (ie still in single market etc) than hard - what do you want?

  • Follow Martin