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  • FIRST POST
    • CathT
    • By CathT 2nd Sep 10, 11:22 AM
    • 5,358Posts
    • 36,787Thanks
    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.
    Nov 2017 -
    part 1 - £79,999
    part 2 - £46,117
    Total - £126,116
Page 211
    • CathT
    • By CathT 10th Sep 17, 8:05 PM
    • 5,358 Posts
    • 36,787 Thanks
    CathT
    No fines here, we're in Wales so only need permission from the school. Thanks SHS, holiday still catching up with me but loved every minute of it.

    Managed to sort out the saver account today and have transferred the childrens' savings to a 5% account whilst I work out what to do with it. We've got £2400 I've put in another 5% account as we have no plans for it as yet!

    Current account looking healthy but we have a few spends coming up which include football subs and new car tyres! It's also dd's birthday soon and we've made no party plans as yet so will chat to her tomorrow.

    The scales tell me I only gained 1lb on holiday which is surprising as I got drunk several times! However I stuck to mostly healthy food choices and as have recently stopped eating meat was eating a lot of fish. I also chose fruit for dessert. I was pretty active too and even went for a run, long walk and bike ride as well as playing water polo! Will continue to weigh daily and hope that 1lb is water retention from the alcohol and I actually lost weight!
    Nov 2017 -
    part 1 - £79,999
    part 2 - £46,117
    Total - £126,116
    • newgirly
    • By newgirly 11th Sep 17, 8:06 AM
    • 5,862 Posts
    • 40,048 Thanks
    newgirly
    Glad you had a great holiday Cath, welcome home
    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.
    • Moneyfordreams
    • By Moneyfordreams 11th Sep 17, 12:47 PM
    • 902 Posts
    • 4,398 Thanks
    Moneyfordreams
    Fabulous Wales.... we are so close yet so far..... don't you have free universities too? DD2 is now looking at Swansea, but she hasn't factored in that she's not Welsh
    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 £158200
    h@lifax CC £4300 0% until May 2018.. will pay minimum for now, slow stooze
    CC daughter gift and holiday spends £2200
    • greent
    • By greent 11th Sep 17, 2:12 PM
    • 6,432 Posts
    • 64,915 Thanks
    greent
    Fabulous Wales.... we are so close yet so far..... don't you have free universities too? DD2 is now looking at Swansea, but she hasn't factored in that she's not Welsh
    Originally posted by Moneyfordreams
    Welsh students pay tuition fees - but at a much reduced rate to England (DD goes to Cardiff and her boyf is from 'The Valleys' so has a much smaller tuition fee loan. They also still have a system of some grants, as opposed to full maintenance loans, so DD informs me. (free prescriptions will apply for your DD2 if she goes to uni in Wales, but not the rest! ) - we're close-ish yet so far, too - being in Glos :-/
    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 14th Sep 17, 7:28 PM
    • 5,358 Posts
    • 36,787 Thanks
    CathT
    There are lots of benefits to living here

    This week really has flown and I've not had chance to come on here. Falling asleep at 8:15pm most evenings is not helping!

    Frugal life continues apart from keeping on top of the washing and using the tumble dryer. I am considering getting a heated airer as we have quite a large utility room so it wouldn't be in the way. I'm just worried it won't be efficient enough.

    Food spends remain low and as I'm now pescetarian most of our family meals are meat free! I think we're definitely getting into soup season so hoping to make some this weekend. Have to investigate which veg is on the super 6 at @ldi.

    Have been watching tin st@r this week which is really good. If I hadn't kept falling asleep we would probably have finished it by now!
    Nov 2017 -
    part 1 - £79,999
    part 2 - £46,117
    Total - £126,116
    • Secret Saving Squirrel
    • By Secret Saving Squirrel 15th Sep 17, 4:30 PM
    • 3,929 Posts
    • 36,206 Thanks
    Secret Saving Squirrel
    The super six veg and fruit is great. We have been eating a lot more of it since they began to sell these and have tried some new things and created new veg recipes. Great on all fronts!
    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
    • Moneyfordreams
    • By Moneyfordreams 15th Sep 17, 6:41 PM
    • 902 Posts
    • 4,398 Thanks
    Moneyfordreams
    I very rarely use tumble dryer these days, I have a pulley and airer in Laundry (spare room/utility) takes the warmth of the house and dries things within 12-24 hrs, We don't use heated airer, but our daughter likes hers.
    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 £158200
    h@lifax CC £4300 0% until May 2018.. will pay minimum for now, slow stooze
    CC daughter gift and holiday spends £2200
    • CathT
    • By CathT 16th Sep 17, 9:41 AM
    • 5,358 Posts
    • 36,787 Thanks
    CathT
    Energy is so expensive isn't it. Will try and keep on top of it so I don't have to resort to the tumble dryer.

    Blitzed the downstairs yesterday whilst the children were at football so glad that's out of the way. So far this morning have done an online shop with Mr S as we had a £9 voucher so ordered bits for dd's party. The planning for a party from home is going surprisingly well! Have also claimed a free dvd from sky (go into sky store and Spiderm@n is free). We need to go to Cl@rkes for new shoes as didn't go before term due to going away. We'll tie it in with a quick trip to the zoo which is nearby to justify the petrol spends.

    4 days until payday so frugal budget needs to be set. Haven't even looked at next months budget and hoping to pay a good chunk off credit card as regular saver has stopped so we have an extra £300 Still have our savings from last year in an account with no plans to spend. Maybe I should forget about it, it's in a 5% account so making its own money.

    If I get time this weekend I will make some plans for the rest of the year to see what position we could be in for 2018.
    Nov 2017 -
    part 1 - £79,999
    part 2 - £46,117
    Total - £126,116
    • michelle09
    • By michelle09 16th Sep 17, 11:08 AM
    • 395 Posts
    • 1,478 Thanks
    michelle09
    It's a fortune - am a little worried about energy bills this winter as we are losing our good rate - it's not going to be £20/month for gas anymore...

    Looks like you're doing well though!
    • CathT
    • By CathT 17th Sep 17, 9:16 AM
    • 5,358 Posts
    • 36,787 Thanks
    CathT
    All we can do is be mindful and not waste energy! I even hung some washing on the line as it was dry yesterday. Washing machine on the go now and football match for dd so it's never ending! Thank goodness they're not at the stage of 'sliding tackles'!

    We had a very unsuccessful shoe shopping trip. Went for shoes for dd as hers are splitting, both childrens' feet have grown so got some for ds. There wasn't a pair in the shop to fit dd as she's between sizes and no styles fitted correctly! Credit to the fitter at cl@rkes for not just selling us a pair. He recommended high street so we popped to m&s as we have vouchers but again no shoes or boots fitted her! She doesn't seem to have a problem fitting into £52 football boots!

    Didn't make it to the zoo as I was feeling really dizzy so had a quiet afternoon at home before I spent a few hours out with girlfriends. Drank water, drove and ticket was paid for last month. Had a brilliant evening with plenty of laughter

    Youg0v survey done this morning, cc payments up to date from stoozing. Party planning for dd well underway although she only has two presents from us (sharpies and a dvd - thoughts??????) She is excitedly counting down the sleeps. 3 days until payday and we have money left in the account. Not quite enough to buy the 3 new car tyres we need though!!

    DH is at a carboot sale as he bought a bundle of dvd's and is hoping to double his money! He used funds from current account so we have actually done better than we thought this month!
    Nov 2017 -
    part 1 - £79,999
    part 2 - £46,117
    Total - £126,116
    • michelle09
    • By michelle09 17th Sep 17, 10:31 AM
    • 395 Posts
    • 1,478 Thanks
    michelle09
    You're right, currently the cat and I are curled up under a blanket while I try and avoid turning the heat on.

    Sometimes I wonder if it's worth pushing for the teams to play in brown and green kits to hide the stains!

    Any other shops that might sell between sizes? Or hopefully she'll quickly grow into the next size up.
    • PurpleFairy26
    • By PurpleFairy26 17th Sep 17, 9:35 PM
    • 1,920 Posts
    • 12,892 Thanks
    PurpleFairy26
    Thanks for the Spider-Man tip, just ordered mine DH will be pleased.

    Just fallen out with my energy provider over billing and I think we've been done a bit but can't do anything due to change of meter. Looking for a new supplier but to cost. Electricity is soooo ridiculous. We're lucky our gas is 'cheap' just a really efficient boiler and radiators and we don't have it on loads. We hardly use td (just towels and bedding in winter if we can't get them outside) but it's still bonkers.

    Party planning sounds good. Have to start thinking about the smalls. Eldest wants one at home may have to negotiate numbers
    • Secret Saving Squirrel
    • By Secret Saving Squirrel 17th Sep 17, 10:21 PM
    • 3,929 Posts
    • 36,206 Thanks
    Secret Saving Squirrel
    We are all conditioned to think that they have to have Clarks shoes, but M and S are fine for all sizes, especially when their feet are growing fast and you are replacing every few months. It is not as if you would force them to wear uncomfortable shoes! It is always worth looking elsewhere if you can. Xx
    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
    • newgirly
    • By newgirly 18th Sep 17, 7:31 AM
    • 5,862 Posts
    • 40,048 Thanks
    newgirly
    I highly recommend getting a heated airer cath as everything can go on it, even delicates, it takes about 12 hours to dry even heavy stuff like jeans and the large Lakeland one holds about 3 average loads
    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 20th Sep 17, 4:16 PM
    • 6,432 Posts
    • 64,915 Thanks
    greent
    I highly recommend getting a heated airer cath as everything can go on it, even delicates, it takes about 12 hours to dry even heavy stuff like jeans and the large Lakeland one holds about 3 average loads
    Originally posted by newgirly
    We currently have one of these (bought for DD at uni to save on humungous laundrette costs) - I can fit almost 1 load from my machine on it?! - the three tiered one. Handy for that in-between time before heating goes on and the weather is wet - and fab for DD's flat
    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 20th Sep 17, 8:31 PM
    • 5,358 Posts
    • 36,787 Thanks
    CathT
    Will definitely look into getting one, have used the dryer twice this evening.

    It's only Wednesday and I've been struggling to keep my eyes open since 6:30pm. It is DD birthday today and she's gone to bed very happy. The sharpies and dvd went down well!

    Have had to replace tyres on both cars this week, one on mine and two on dh. £150 spent and thankfully dh had an extra £600 in his wages. Have done most of the payday money shuffle but need to work out what to do with the extra. Am looking forward to the day we have some treats with overtime money!
    Nov 2017 -
    part 1 - £79,999
    part 2 - £46,117
    Total - £126,116
    • CathT
    • By CathT 21st Sep 17, 8:24 PM
    • 5,358 Posts
    • 36,787 Thanks
    CathT
    Thanks for the Spider-Man tip, just ordered mine DH will be pleased.

    Just fallen out with my energy provider over billing and I think we've been done a bit but can't do anything due to change of meter. Looking for a new supplier but to cost. Electricity is soooo ridiculous. We're lucky our gas is 'cheap' just a really efficient boiler and radiators and we don't have it on loads. We hardly use td (just towels and bedding in winter if we can't get them outside) but it's still bonkers.

    Party planning sounds good. Have to start thinking about the smalls. Eldest wants one at home may have to negotiate numbers
    Originally posted by PurpleFairy26
    We are up to 25 children so far! Fingers crossed it stays dry!

    We are all conditioned to think that they have to have Clarks shoes, but M and S are fine for all sizes, especially when their feet are growing fast and you are replacing every few months. It is not as if you would force them to wear uncomfortable shoes! It is always worth looking elsewhere if you can. Xx
    Originally posted by Secret Saving Squirrel
    Definitely, I've bought Cl@rkes for years as always thought I 'needed' to due to having wide feet. DS refused to wear his new ones this morning, think it's time to move the old ones!
    Nov 2017 -
    part 1 - £79,999
    part 2 - £46,117
    Total - £126,116
    • CathT
    • By CathT 21st Sep 17, 8:26 PM
    • 5,358 Posts
    • 36,787 Thanks
    CathT
    I highly recommend getting a heated airer cath as everything can go on it, even delicates, it takes about 12 hours to dry even heavy stuff like jeans and the large Lakeland one holds about 3 average loads
    Originally posted by newgirly
    We currently have one of these (bought for DD at uni to save on humungous laundrette costs) - I can fit almost 1 load from my machine on it?! - the three tiered one. Handy for that in-between time before heating goes on and the weather is wet - and fab for DD's flat
    Originally posted by greent
    I managed to get one from @ldi this morning, grown up goals - I finally have a heated airer! The tumble dryer eats electricity so hoping this keeps us on top of the washing without the huge energy bills.
    Nov 2017 -
    part 1 - £79,999
    part 2 - £46,117
    Total - £126,116
    • newgirly
    • By newgirly 21st Sep 17, 8:43 PM
    • 5,862 Posts
    • 40,048 Thanks
    newgirly
    I must have a smaller than usual washing machine if it fits more loads on
    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.
    • CathT
    • By CathT 22nd Sep 17, 6:18 PM
    • 5,358 Posts
    • 36,787 Thanks
    CathT
    Quick update from me. Payday and money shuffle had to wait until after work. Have sent my £100 expenses to the t3sco cc, stoozing payments also up to date.

    Children are at football so will clean as much as I can in the next 45 minutes before they get back. It's dd birthday party tomorrow and although it's drizzling now I have faith that it will be dry tomorrow! Our house won't feel so big if we have 25 children in it!

    Still feeling lightheaded and breathless and I'm not sure what's causing it. I don't feel it's related to the pneumonia and Ive been on iron tablets for ages! It annoys me when I can't self-diagnose!
    Nov 2017 -
    part 1 - £79,999
    part 2 - £46,117
    Total - £126,116
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