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  • FIRST POST
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 5th Nov 11, 9:12 PM
    • 7,732Posts
    • 86,307Thanks
    Tilly MFW in 6 YRS
    Countdown to Freedom
    • #1
    • 5th Nov 11, 9:12 PM
    Countdown to Freedom 5th Nov 11 at 9:12 PM
    A new diary as we enter the last two months of 2011. I have been lurking for almost a year and have found so many of you inspirational, particularly Billy, Michelle, Radish, and Museum Worker.

    A bit of background I am married to a great man, two kids who are growing up too quickly, two cats and a dog! Never a dull moment in our household as you can imagine.

    I had my LB moment 12 months ago and started to work on my husband to bring him round as I thought we both needed to be on board to tackle this project. I have just asked him when he had his LB moment and he said 'when you told me I had' however he swiftly followed this up with 'when I realised we would never reduce the mortgage whilst battling with 'the large Spanish bank'!

    To set the stage for where we are and where we are aiming for:
    Current mortgage £312000 and I wince as I type the number, with the outstanding mortgage due to finish in 10 years. Aim is to clear the mortgage in 6 years. We are fortunate that we are both employed on good salaries however in this day and age who knows how long that will last.
    Onwards and upwards, my next post will be to build a picture of how I/we have put into practice all the things learnt from you great people.

    Thanks for reading and I hope some day I can inspire others the way some of you have inspired me/us.
Page 509
    • greent
    • By greent 4th Jun 17, 5:24 PM
    • 6,083 Posts
    • 61,432 Thanks
    greent
    PS. Up to p.109
    Originally posted by brizzledfw
    Only up to pg72 here - but really enjoying the re-read!

    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
    Next: BTL Mtge 12/16 £69786. 2017 OPs (#18) £4151/£3286
    Net sales 2017 £776.31/£500 PAYDOX17 £10787/£10k Decluttered 1380/2017 items
    • atypicalblonde
    • By atypicalblonde 4th Jun 17, 5:47 PM
    • 2,302 Posts
    • 13,993 Thanks
    atypicalblonde
    Yay so pleased for you!

    We are fine thanks, a bit "meh" today but it'll pass. Raising a glass to your fabby new island xx
    MFW
    Mortgage 8.2.15 - £171,064.64 Mortgage 5.6.17 - £123,900
    Aiming to be MF 1.10.2020
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 5th Jun 17, 12:58 PM
    • 7,732 Posts
    • 86,307 Thanks
    Tilly MFW in 6 YRS
    Afternoon, lovely weekend with Mr & Mrs MWC and I have a new favourite drink - rhubarb gin with pink peppercorns, pink grapefruit and tonic

    Good result on eb@y and items packed and posted this morning. Another 8 items listed last night.

    Change paid into bank on Saturday £19.59 - this is going towards the patio extension.

    Mr T has had his bonus and salary information in - not great but better than nothing.

    All our financial stuff has been done this morning 😀

    All big spending is now done.

    Hurray.

    Best wishes Tilly
    2004 £387k 29 years - MF March 2033
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15
    • Secret Saving Squirrel
    • By Secret Saving Squirrel 5th Jun 17, 1:24 PM
    • 3,840 Posts
    • 35,631 Thanks
    Secret Saving Squirrel
    Hello,

    It is always great when you finish a project, add up what it cost and draw a line under it. Until the next time.....
    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
    • greent
    • By greent 6th Jun 17, 7:28 PM
    • 6,083 Posts
    • 61,432 Thanks
    greent
    Rhubarb gin is gorgeous
    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
    Next: BTL Mtge 12/16 £69786. 2017 OPs (#18) £4151/£3286
    Net sales 2017 £776.31/£500 PAYDOX17 £10787/£10k Decluttered 1380/2017 items
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 10th Jun 17, 8:06 AM
    • 7,732 Posts
    • 86,307 Thanks
    Tilly MFW in 6 YRS
    Morning, rain again. Mr T and I are off for a couple of weeks in the sun late June. Last minute decision and although using Portugal as a base we are off to visit chums in Spain and Gibraltar. Looking forward to sun rather than rain.

    I've worked on the renovation costings and we are pretty much set with the savings. As we have either been trying to clear a mahoosive mortgage or save for the renovation, it's odd to find ourselves in the position of money available to spend. As an example of how much we have changed since 2010, a year before I started my diary - we have treated ourselves. I have bought 3 books via Amazon - two at 1p plus £2.80 postage (each) and one at £9.99 with free postage. Mr T has bought an audio receiver - 50% off and the old one is already on eb@y.

    We are both delighted with our purchases and now it's back to saving without a goal.

    Happy and peaceful days - thank you

    Tilly
    2004 £387k 29 years - MF March 2033
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15
    • Fortune Smiles
    • By Fortune Smiles 10th Jun 17, 9:44 AM
    • 2,495 Posts
    • 20,509 Thanks
    Fortune Smiles
    Sounds fabulous Tilly. Well done - all the hard work is paying off.

    Fortune x
    Mortgage: 0.94% paid House Deposit Contribution: 72%

    All we have to decide is what to do with the time that is given to us - J R R Tolkein
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 10th Jun 17, 10:11 AM
    • 7,732 Posts
    • 86,307 Thanks
    Tilly MFW in 6 YRS
    Very proud of D'S.

    He has now got a FD bank account, 5% REGULAR saver putting maximum in each month, plus 5 savings accounts for clothing, gifts, car, holidays and general,

    Really proud of him, Now he is 18 the next task is his stocks and shares is a, then he's all done,



    Tilly x
    2004 £387k 29 years - MF March 2033
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15
    • brizzledfw
    • By brizzledfw 11th Jun 17, 5:23 PM
    • 7,012 Posts
    • 33,852 Thanks
    brizzledfw
    Brilliant. Well done DS with the saving. And so glad you're getting some holidays too.

    DD1 came in yesterday with £35 towards her ISA. When it reaches £100 we can pay into her S&S ISA (one of her funds has increased by 61%..amazing. She has chosen them all - all ethical/health/technology..think you choose these things from your world perspective). She is doing what you arranged with DD1 a few years ago..paying herself £20 a week and then her pocket money and any extra money from her job and any babysitting goes into the ISA. Another top tip from re-reading the Tilly diary
    Last edited by brizzledfw; 11-06-2017 at 5:26 PM.
    MFiT-T4 Member No. 96 - 2022 is my MF goal
    August '17 Savings Rate Goal: 25% [July 23.9 %]
    Declutter 100 items before 31.08.17 22/100 ** LSDs Target 5 for August 01/05 **AFDs 8/20 ** Sales Target '17 £750 £140 so far
    **NSDs Target 5 for August xx/05 Trying to be a Frugalista
    • edinburgher
    • By edinburgher 11th Jun 17, 5:32 PM
    • 10,668 Posts
    • 55,392 Thanks
    edinburgher
    FD are eejits - Tilly's 18 year old DS can open a current account, but I can't open one as a 30+ homeowner!
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 11th Jun 17, 6:15 PM
    • 7,732 Posts
    • 86,307 Thanks
    Tilly MFW in 6 YRS
    That's great Brizzle- really does teach them to save first and then spend.

    DD is delighted with her savings and it's a big help towards buying their first joint house. Happy days.

    Tilly x
    2004 £387k 29 years - MF March 2033
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 11th Jun 17, 6:27 PM
    • 7,732 Posts
    • 86,307 Thanks
    Tilly MFW in 6 YRS
    FD are eejits - Tilly's 18 year old DS can open a current account, but I can't open one as a 30+ homeowner!
    Originally posted by edinburgher
    That's interesting as I thought perhaps the joining criteria had changed. I did an introduction for him and he receives £100. We then get £50 and I'll transfer that to him too. I wonder whether being introduced helped?

    The FD lady on the phone yesterday was surprised that a young lad was getting so organised. She asked him what he was saving for and he said to buy a house.

    As an adult joining FD, I never questioned how you are treated as I expected good service but DS was delighted to be treated as a fully fledged adult As an observer though, the amount of correspondence they send for an online account is HUGE.

    Best wishes Tilly
    2004 £387k 29 years - MF March 2033
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15
    • Secret Saving Squirrel
    • By Secret Saving Squirrel 11th Jun 17, 8:03 PM
    • 3,840 Posts
    • 35,631 Thanks
    Secret Saving Squirrel
    Thanks for the tip, I will try to introduce oh!
    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
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 15th Jun 17, 7:27 AM
    • 7,732 Posts
    • 86,307 Thanks
    Tilly MFW in 6 YRS
    Morning, the last of the FD paperwork has arrived for DS, 2cm high in total - that's a lot of paperwork for online banking/saving.

    Looking forward to sun, sun, sun today.

    Tilly x
    2004 £387k 29 years - MF March 2033
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15
    • chumpy45
    • By chumpy45 15th Jun 17, 10:38 AM
    • 315 Posts
    • 1,357 Thanks
    chumpy45
    Fab financial organisation by DS1 - hats off to him. Hoping my MSE ways will rub off on DS1 and DS2 as they both finish Uni this summer. They have budget spreadsheets already, but am planning another MSE session with them over the summer as they will both finally have some money coming in !! Enjoy the sun.
    Starting Mortgage 01.08.08 £171,209.24. Mortgage as at 01.09.15 - £54,780.04; 01.11.15 £49,577.04;01.03.16 £45,799.32; 01.08.16 £42,418.93; 01.10.16 £40,119.5 01.02.17 £36,584.00; 01.04.17 £34,694.71 09.06.17 £32,828.89 MFW Target date Sept 2017;
    • greent
    • By greent 19th Jun 17, 6:38 PM
    • 6,083 Posts
    • 61,432 Thanks
    greent
    Originally posted by gallygirl
    Quoting this just because it's still sooo brilliant!
    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) £4151/£3286
    Net sales 2017 £776.31/£500 PAYDOX17 £10787/£10k Decluttered 1380/2017 items
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 19th Jun 17, 7:16 PM
    • 7,732 Posts
    • 86,307 Thanks
    Tilly MFW in 6 YRS
    It's my favourite xxx
    2004 £387k 29 years - MF March 2033
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15
    • apple muncher
    • By apple muncher 19th Jun 17, 7:44 PM
    • 6,165 Posts
    • 44,896 Thanks
    apple muncher
    And perfect in this weather....
    NST SS #10; NSD 6; Ex 6; craft 150; remove 510
    2017 MFW#63 Pay off: £2239/£4050; 2
    017 sell 110

    Mortgage £24,831 (01/14: £78,201; 01/15: £59,629; 01/16: 39,915; 01/17: 27,295) MFWDate Dec 2018
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 21st Jun 17, 8:50 AM
    • 7,732 Posts
    • 86,307 Thanks
    Tilly MFW in 6 YRS
    Morning, and what a lovely cool one it is. I watered all the pots at 6.30am and it was beautiful.

    Quick update on life. Mr T is selling his car and buying something smaller. Mine will go to whichever Tilly child passes their test first. Both have tests scheduled within 3 weeks of each other. All part of streamlining life and reducing outgoings which are not necessary. As Mr T works from home most of the time apart from monthly client meetings it is mad having two cars on the drive.

    I've sorted mum's insurance for buildings, contents and emergency home care. Total saving of £550.

    I've been offered a substantial sum of euros at a good price from a relative. They lived abroad for many years and want to close an account in mainland Europe. Will be a good help towards the reno but need to discuss with Mr T.


    Mr T is away today and I'm out and about shortly - better get breakfast sorted.

    Best wishes Tilly
    2004 £387k 29 years - MF March 2033
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15
    • greent
    • By greent 21st Jun 17, 4:10 PM
    • 6,083 Posts
    • 61,432 Thanks
    greent
    Morning, and what a lovely cool one it is. I watered all the pots at 6.30am and it was beautiful.

    Quick update on life. Mr T is selling his car and buying something smaller. Mine will go to whichever Tilly child passes their test first. Both have tests scheduled within 3 weeks of each other. All part of streamlining life and reducing outgoings which are not necessary. As Mr T works from home most of the time apart from monthly client meetings it is mad having two cars on the drive.

    I've sorted mum's insurance for buildings, contents and emergency home care. Total saving of £550.

    I've been offered a substantial sum of euros at a good price from a relative. They lived abroad for many years and want to close an account in mainland Europe. Will be a good help towards the reno but need to discuss with Mr T.


    Mr T is away today and I'm out and about shortly - better get breakfast sorted.

    Best wishes Tilly
    Originally posted by Tilly MFW in 6 YRS
    Ooh - I think I've just read about him buying that car!

    Fab savings on the insurances for your mum

    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
    Next: BTL Mtge 12/16 £69786. 2017 OPs (#18) £4151/£3286
    Net sales 2017 £776.31/£500 PAYDOX17 £10787/£10k Decluttered 1380/2017 items
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