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
    • 5,425Posts
    • 37,593Thanks
    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.
    Jan 2018 -
    part 1 - £79,207
    part 2 - £45,863
    Total - £125,070
Page 218
    • Goldiegirl
    • By Goldiegirl 30th Dec 17, 4:07 PM
    • 8,404 Posts
    • 48,170 Thanks
    Goldiegirl

    Good to see you Goldie, are you back now? I'll pop over to your diary. Hope all is well with you.
    Originally posted by CathT
    Yes, I'm back! I missed everyone and for various reasons I think it'll do me good to return. It's also lovely to see how everyone is doing.
    Early retired - 18th December 2014
    If your dreams don't scare you, they're not big enough
    • CathT
    • By CathT 1st Jan 18, 12:54 PM
    • 5,425 Posts
    • 37,593 Thanks
    CathT
    Happy new year everyone, we had a very quiet evening at home but very enjoyable.

    Was hoping to have some firm targets in place but not got that far. I have however paid another £150 off cc which we would likely have spent on the night out we didn't go on. Also found £35 in an account as paid car insurance in full and had already sent money for direct debit which was cancelled. Took the children to spend their Christmas money and ds chose a huge lego police set and dd bought some clothes. We were going to pop to the zoo but the children weren't keep so we went home and built lego and played board games instead. That's going to be pretty much what we do today too and I am embracing my last lazy day! Working 3 days this week and that early alarm is going to be a huge shock to my system!

    50p on y0ugov this morning and wondering if we can stick to a £100 cash food budget until payday. DH pay date is changing this month (9 days later) but am confident we can get to my payday in 3 weeks. Freezer is full and we eat fairly cheaply anyway. As we have no events or outings planned this may result in another £150 OP/savings which would be fab.
    Jan 2018 -
    part 1 - £79,207
    part 2 - £45,863
    Total - £125,070
    • apple muncher
    • By apple muncher 1st Jan 18, 4:45 PM
    • 6,786 Posts
    • 50,474 Thanks
    apple muncher
    Happy new year Cath!

    I know what you mean about the alarm clock being a shock tomorrow... I'm not looking forward to it very much...
    NST January #1; NSD 11/18; Ex 14/12; craft 2/20 (0); remove 28
    2018 Pay off: £248; 2
    018 sell

    Mortgage £23,143 (01/14: £78,201; 01/15: £59,629; 01/16: 39,915; 01/17: 27,295; 01/18 23,143) MFWDate Dec 2018
    • newgirly
    • By newgirly 1st Jan 18, 7:49 PM
    • 6,006 Posts
    • 41,470 Thanks
    newgirly
    Happy new year cath
    MFW 21
    Target for 2018 £40k/£0 paid so far

    Mortgage £47,000 4yrs 5 mths left. Total owed £61,942 planning to clear in 17 months
    Weight loss target 2018- 21lb /2.5 lost
    • CathT
    • By CathT 2nd Jan 18, 8:31 PM
    • 5,425 Posts
    • 37,593 Thanks
    CathT
    Thanks Apple and Newgirly, I did not enjoy getting up early at all! Am counting down my remaining working days already!

    Not much happening money wise but did a 25p survey on y0ugov yesterday and DH has kicked off the food spends doing a small top up shop today. He confessed to wanting to stray from the list but didn't due to our challenge! £5.67/£100 spent. Hoping for a few nsd's now to give us a bit of a head start.

    Mortgage balance updated and was less than my spreadsheet which is always a bonus!
    Jan 2018 -
    part 1 - £79,207
    part 2 - £45,863
    Total - £125,070
    • greent
    • By greent 3rd Jan 18, 9:17 AM
    • 6,653 Posts
    • 67,704 Thanks
    greent
    Happy New Year! Boo to alarm clocks! (one of my boys went back to school yesterday, so I had a 6.20 alarm - NOT nice after a very relaxed 2.5 weeks! )
    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
    • pinkypig
    • By pinkypig 3rd Jan 18, 10:58 AM
    • 872 Posts
    • 7,522 Thanks
    pinkypig
    Happy New Year Cath. Glad you survived the alarm. I'm back tomorrow after a long school holiday. Debatable if it will be me or the class that'll be more bewildered
    Have a great 2018 xx
    • michelle09
    • By michelle09 3rd Jan 18, 7:44 PM
    • 581 Posts
    • 2,718 Thanks
    michelle09
    Happy New Year Cath! The alarm clocks are definitely not fun, early shift tomorrow so up at 5am. Urgh.

    Well done to your DH. He's learned well.
    • CathT
    • By CathT 4th Jan 18, 9:49 PM
    • 5,425 Posts
    • 37,593 Thanks
    CathT
    I don't miss my early starts with long days Michelle. Getting the children ready to leave the house for 6:45am was not fun!

    Well I'm finished for the week now

    Have caught up with things in work and partly resolved an IT issue which hopefully means I can access my holidays and book some regular long weekends off with my remaining leave.

    50p on y0ugov, current account checked and no further food spends so we are still on £5.67 for the month. I do need to do a food shop tomorrow but I'm going to check cupboards and freezer first and meal plan. I came home to find dh had made a soup with veg I didn't even realise we had. That will provide lunch for a few days.

    De-cluttering challenge going well, the idea is that you delcutter 1 item on the 1st, 2 on the 2nd etc and by the end of January will have got rid of 496 items! So far I have got rid of 2 hand creams, a body lotion, talc, emolient, hair serum, perfume set box, box from christmas gift, another pot of cream and a broken plastic storage box. It is possible to do the challenge in reverse starting with 31 items on the 1st so if I can declutter 135 items tomorrow I will be on track for that! Think seeing quicker results will be more motivating. I found myself scanning ds's bedroom whilst he was reading to me at bedtime!

    Tomorrow needs to be productive but hopefully I won't be woken too early as I'm shattered and dreaming of a 7:30am (at the earliest) wake up call! I need to take the tree down as it's usually away by now but I haven't got fed up of it this year! Some decs have been put away but I need to do the rest. Ds wants to build some more lego and I think a couple of hours in the zoo might be planned too.

    Fingers crossed i strike the balance between getting everything done and also feeling like I have had a day off!
    Jan 2018 -
    part 1 - £79,207
    part 2 - £45,863
    Total - £125,070
    • CathT
    • By CathT 5th Jan 18, 5:37 PM
    • 5,425 Posts
    • 37,593 Thanks
    CathT
    Well the children woke my at 7:15am so I shouldn't complain. Long gone are the days of having a toddler who thinks 4am is playtime!

    Continued with my decluttering challenge and 135 items have left the house! This was a mixture of old clothes of ds which we have passed onto his cousins, an old radiator, some Christmas decorations and also some broken bits of toys). I now only have 26 items to do tomorrow to remain on track.

    We popped to the zoo for a couple of hours this afternoon but due to the rain visited a lot of the inside enclosures! It was fairly busy though and I assumed everyone there was a member. We had lunch before we left and as we didn't stop when there we saw a lot during our short time there.

    Kitchen cleaned, food shop done and downstairs hoovered. Just need to dust and light some candles and we will be all set for wine and Peaky Blinders!

    Food spend challenge 28.85/100
    Jan 2018 -
    part 1 - £79,207
    part 2 - £45,863
    Total - £125,070
    • pinkypig
    • By pinkypig 5th Jan 18, 8:41 PM
    • 872 Posts
    • 7,522 Thanks
    pinkypig
    Busy and efficient as always Cath - you've inspired me to declutter too! I'm going to start with the bookcase

    Enjoy your weekend xx
    • AlexLK
    • By AlexLK 5th Jan 18, 9:07 PM
    • 5,921 Posts
    • 31,017 Thanks
    AlexLK
    Sorry it's late but happy new year, Cath.
    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.
    • Downshifterella
    • By Downshifterella 6th Jan 18, 10:15 AM
    • 86 Posts
    • 492 Thanks
    Downshifterella
    Just popping by to say well done on the decluttering!! Really like this idea....may give it a go to try and sort the "spare room of doom " ( as I am now referring to it in my head! Haha)
    MF planning for the simple life
    • smallholdingsister
    • By smallholdingsister 6th Jan 18, 1:25 PM
    • 3,624 Posts
    • 28,963 Thanks
    smallholdingsister
    Ha ha we have a dog who thinks 5.30 am is playtime.
    • michelle09
    • By michelle09 6th Jan 18, 2:46 PM
    • 581 Posts
    • 2,718 Thanks
    michelle09
    We have a cat like that. Don't mind if I'm working but it's less fun if I can sleep in!

    Sounds like your house will be spotless by the end of January. Want to come and sort mine?
    • CathT
    • By CathT 6th Jan 18, 6:33 PM
    • 5,425 Posts
    • 37,593 Thanks
    CathT
    Thanks for all the posts

    Can't beat a bit of decluttering, 26 items gone today! Am hoping for an easy to clean and streamlined home by the end of the month.

    Ds has had a party today but apart from playing taxi we've stated at home. Dh had a very productive morning and made a casserole and yet more cake! I spent £1.78 on cream and mushrooms so need to find my previous subtotal and add it on (not as easy to see on my phone).

    I have also tried to start planning things for our trip to Rome next month. I was hoping my two guide books from 3bay would have arrived (£5 ish spent on them) but they didn't. However, I've devoted some space in my bullet journal to Rome. Taxi to thr airport is booked but the main plan of deciding what we want to see and looking at transport will have to wait.

    Dh has asked me if I want wine and was going to go out, I said no, changed my mind to yes and now he doesn't want it! If we don't cave in I will overpay that money off the mortgage!
    Jan 2018 -
    part 1 - £79,207
    part 2 - £45,863
    Total - £125,070
    • CathT
    • By CathT 6th Jan 18, 6:34 PM
    • 5,425 Posts
    • 37,593 Thanks
    CathT
    Can't edit post!

    Food spends 30.63/100
    Jan 2018 -
    part 1 - £79,207
    part 2 - £45,863
    Total - £125,070
    • AlexLK
    • By AlexLK 6th Jan 18, 7:54 PM
    • 5,921 Posts
    • 31,017 Thanks
    AlexLK
    Very exciting re. the Rome trip, I'm sure you will love it.
    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.
    • CathT
    • By CathT 6th Jan 18, 10:25 PM
    • 5,425 Posts
    • 37,593 Thanks
    CathT
    Really looking forward to it Alex. We are only there for two days so really need to maximise our time there.

    No wine purchased, £10 sent as mortgage OP ( we drink cheap wine!!!)
    Jan 2018 -
    part 1 - £79,207
    part 2 - £45,863
    Total - £125,070
    • AlexLK
    • By AlexLK 6th Jan 18, 11:36 PM
    • 5,921 Posts
    • 31,017 Thanks
    AlexLK
    Start drinking more expensive wine ... will clear the mortgage quicker.
    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.
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

5,542Posts Today

6,357Users online

Martin's Twitter
  • RT @clq: @MartinSLewis You hit that one right out of the park. It might be the Tweet of the Century. I don't think anyone can do any Batter?

  • You've run-out of puns. That's a bit of a googly, maybe I can help break your duck, though it is s sticky wicket, t? https://t.co/nJT51NpXfO

  • RT @richlaing: @MartinSLewis Obviously spot poll but interested in the fact that 9% would opt out of donation. Interested to hear reasons w?

  • Follow Martin