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
    • atypicalblonde
    • By atypicalblonde 8th Feb 15, 12:04 PM
    • 1,442Posts
    • 7,306Thanks
    atypicalblonde
    ATB's £171k quest begins.... NOW!
    • #1
    • 8th Feb 15, 12:04 PM
    ATB's £171k quest begins.... NOW! 8th Feb 15 at 12:04 PM
    Hello fellow MFW’ers,

    Well this is my first “proper” post on this board, I flitted onto it many years ago but then life, two children and two businesses managed to take over!

    My title says it all really! I have been inspired by many of the wonderful posters on this board, and am applying my philosophy of “reaching for the moon, if I fail I will land amongst the stars” to my mortgage. A little about me and my aims:

    I am 29 years old, married for 5 years to DH, with two small children (DD is 2 and DS is nearly 1). DH and I are both self-employed – myself in the legal sector and himself is an engineer. There are massive peaks and some major troughs to us both being self-employed, but on the whole we love it and wouldn’t swap it for “regular” employment.

    We moved to our current house 2 years ago to accommodate our growing needs, and it suits us down to the ground. We had to take our mortgage over 30 years due to us both only having been self-employed for a short period of time at that point with limited evidence of income. Clearly there is NO WAY we are paying this off until we are nearly 60!

    So, our plans are ambitious, but we both love a challenge and if you don’t try you will only ever fail, right?!

    Current figures are: Total outstanding on mortgage as at today’s date: £171,064.24 with 28 years left to run.

    The Grand Plan – pay this off by in 5 years just before my 35th birthday.

    I know it sounds bonkers, and many may scorn our plans which is why we are not telling anyone in Real Life what we are doing. I have spent a long time reading diaries on here (big thanks to Watty and LauraJo who have inspired me without knowing it!), so please pop on here and support me if you can.

    How do we plan to do this? It is simple. By living as frugally as we can, whilst still retaining some semblance of a life. I have also applied for a 0% card so I can be a stoozer which will help a little of the way.

    Back later with more information, the littlies need lunch xx
    Stay at home wife and mummy

    Mortgage as at 28.9.16 - £141,900
Page 26
    • Needhelpsaving
    • By Needhelpsaving 15th Jan 16, 4:51 PM
    • 434 Posts
    • 2,249 Thanks
    Needhelpsaving
    Just delurking to wish you well with the move x
    • Luckyinlife
    • By Luckyinlife 15th Jan 16, 4:56 PM
    • 1,608 Posts
    • 6,016 Thanks
    Luckyinlife
    Im the same ATB think of somthing and idea or what to do then get it on paper to make me relax :]
    Mortgage--- £67700 March 15 £65221 April 15 £64983 July 15 £64780 sept 15 Remortgage £67295 oct 15 £66599 Nov 15 £65878.73 Dec 15 £64834 1st Jan 16 Feb 16 £64,511.89 March 16 £64,056.40 April 16 £62550 May 16 £62,396.20
    Emergency fund 19k
    • Lexi-lu
    • By Lexi-lu 31st Jan 16, 10:35 AM
    • 129 Posts
    • 654 Thanks
    Lexi-lu
    Hello ATB,

    I have just been catching up on your diary, good luck with the move and I hope all is going well

    LL
    Mortgage Balance £70,280
    Savings for O/P £6,350
    • diamondsonly
    • By diamondsonly 4th Feb 16, 5:55 PM
    • 241 Posts
    • 731 Thanks
    diamondsonly
    Hi hun,
    I hope the move is going smoothly and you are busy planning it all. Just wanted to check in xx
    1.7.15: £157,469.64, 10.02.16: £93,434.74
    FIT-4 #34, MFW 2016 #89 (£7350/24000)
    Target MFW Dec 2018
    • jodles16
    • By jodles16 4th Feb 16, 7:21 PM
    • 1,175 Posts
    • 3,359 Thanks
    jodles16
    Barely four months has passed since I was last here and my goodness so much has changed, I wish you all the best with the house move and hope it all goes so smooth!

    Jodles
    Jan- 90.7 Feb- 90.44-89.99 March- 89.67 April- 88.87 May 88.53 June 88.18 July 88 August 87.21
    MFW2016 #25 4410.35/3820
    MFiT #66 Starting-£177,472, 1st- £173,195.04, 2nd- £171,417.47 3rd-
    Overall aim 6054.53/21,743 (£156,000)

    • atypicalblonde
    • By atypicalblonde 14th Sep 16, 9:35 PM
    • 1,442 Posts
    • 7,306 Thanks
    atypicalblonde
    Sneaking back in wondering if anyone remembers me and my witterings
    Stay at home wife and mummy

    Mortgage as at 28.9.16 - £141,900
    • Muser1
    • By Muser1 14th Sep 16, 9:45 PM
    • 742 Posts
    • 3,819 Thanks
    Muser1
    Meeeee!
    Mortgage Jan 13 99260.00 aug 16 89712.34
    Emergency fund 2500.00
    • gallygirl
    • By gallygirl 15th Sep 16, 7:25 AM
    • 15,930 Posts
    • 104,430 Thanks
    gallygirl
    Me too, now update please!!!!!!
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    Mortgage Balance = £0
    "Do what others won't early in life so you can do what others can't later in life"
    • CathT
    • By CathT 15th Sep 16, 7:43 AM
    • 4,790 Posts
    • 32,835 Thanks
    CathT
    Meee! How are things?
    June 2010 £121,287
    Sept 2016 £85,887
    WIOTW Sept 94,780
    • atypicalblonde
    • By atypicalblonde 15th Sep 16, 11:08 AM
    • 1,442 Posts
    • 7,306 Thanks
    atypicalblonde
    Aww shucks, I can't believe you lovely people remember l'il old me!

    In a very small nutshell:

    - moved to wonderful house, but had a gap between our sale completing and moving into new place, during which we lived with family (8 weeks )

    - Had a huge issue with work and, sadly, a resultant breakdown. Realised I had been carrying far too much on my shoulders for too long and letting people take advantage of me. In a much much better place now - no longer working; instead I am officially a homemaker (well, I still do a bit of work for DH business)

    - DD at school and DS at pre-school

    The new house is much nicer, in a better location for us and, gladly, hasn't resulted in a bigger mortgage. Finances are far tighter than they used to be, but I wouldn't have it any other way - being at home and caring for my brood is much more important to me

    If we want to clear the mortgage before we are 40 we need to overpay £750PCM. Which is a heckuva lot of money. However, I am fully committed to making each penny do the work of three and making this happen. DH is very very busy at work, which is great, but also means he is away a lot. His job is so physically demanding I can't see him managing to do it much past 40 (he's been doing it since he was 16 so is already physically a little wrecked!)

    So I am seeing it as my job to pay down this dratted mortgage as fast as I can

    Please do pop on and keep me company if you can, it's goooood to be back xx
    Last edited by atypicalblonde; 15-09-2016 at 11:10 AM.
    Stay at home wife and mummy

    Mortgage as at 28.9.16 - £141,900
    • Moneyfordreams
    • By Moneyfordreams 15th Sep 16, 1:34 PM
    • 520 Posts
    • 2,336 Thanks
    Moneyfordreams
    Welcome back

    and congratulations on all of your life changes
    Last edited by Moneyfordreams; 15-09-2016 at 1:55 PM.
    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 £170870
    Car loan end by September currently £232 overpaying this with extra earnings
    h@lifax CC £5520 0% until May 2018.. will pay minimum for now, slow stooze
    • PrincessLou
    • By PrincessLou 15th Sep 16, 1:50 PM
    • 416 Posts
    • 1,598 Thanks
    PrincessLou
    I'm so excited I haven't even read your post yet but yaaaaaaayyyyy!!!

    You disappeared for so long I kept wondering if I should message you....but you're back now!!

    Now I shall go and read what you've been up to
    • atypicalblonde
    • By atypicalblonde 15th Sep 16, 3:36 PM
    • 1,442 Posts
    • 7,306 Thanks
    atypicalblonde
    I'm so excited I haven't even read your post yet but yaaaaaaayyyyy!!!

    You disappeared for so long I kept wondering if I should message you....but you're back now!!

    Now I shall go and read what you've been up to
    Originally posted by PrincessLou
    Hello lovely how are your lovely twins doing? Behaving for mummy I hope?! So good to *see* you, do you still have a diary on here? ..... ATB wanders off for a nosey... x
    Stay at home wife and mummy

    Mortgage as at 28.9.16 - £141,900
    • Watty1
    • By Watty1 17th Sep 16, 4:29 PM
    • 2,286 Posts
    • 16,454 Thanks
    Watty1
    Another returner to the MFW diaries here - congratulations on the life changes x
    Mortgage at start of diary Sept 2013: £132,995 Aug 2015 £0

    Jan 2016 Started saving to clear next mortgage, Target: £50,000 Total saved so far: £11400
    • PrincessLou
    • By PrincessLou 17th Sep 16, 9:41 PM
    • 416 Posts
    • 1,598 Thanks
    PrincessLou
    Hello lovely how are your lovely twins doing? Behaving for mummy I hope?! So good to *see* you, do you still have a diary on here? ..... ATB wanders off for a nosey... x
    Originally posted by atypicalblonde
    They are doing great, thank you. Just started pre-school last week actually, so I have a bit more time on my hands

    I still have a diary on here and try to update it fairly regularly.

    So....come on then...what's the big plan to pay off this mortgage? Don't tell me there's not a plan...you always have a plan
    • atypicalblonde
    • By atypicalblonde 19th Sep 16, 12:46 PM
    • 1,442 Posts
    • 7,306 Thanks
    atypicalblonde
    Hello lovelies

    Had a very nice weekend, albeit tiring. Fortunately, Monday means both children are out (school and pre-school), so I have spent all morning cleaning, doing laundry and doing a money shuffle. Oh, and meal planning for the week

    PrincessLou - yep, there is always a plan It a nutshell, it is to make my pennies streeeetch until they squeak to make sure we can find the £750 needed per month to clear the mortgage in 9 years. I have managed £605 so far, and may be able to OP more later in the week - I just need to assess how much we need to spend on food (hopefully not much) and fuel (hopefully nothing if I can convince the kids to walk to and from school!)

    Time for some lunch now - update soon xx
    Stay at home wife and mummy

    Mortgage as at 28.9.16 - £141,900
    • atypicalblonde
    • By atypicalblonde 20th Sep 16, 12:54 PM
    • 1,442 Posts
    • 7,306 Thanks
    atypicalblonde
    Productive day so far:

    - stuck to meal plan and ensured the rest of the week is planned carefully - all I need to buy is some cold meats for DH lunch

    - laundry on the line

    - Tilly tidy of £85.67 sent to the mortgage - very close to this month's £750 OP goal.

    - Bought my mum's birthday card and pressie using proceeds of eBay sales

    DS is full of cold bless him, so I was up a lot in the night wiping his nose, dispensing calpol and administering cuddles. A little bleary eyed as a consequence!

    Hope everyone is well x
    Stay at home wife and mummy

    Mortgage as at 28.9.16 - £141,900
    • atypicalblonde
    • By atypicalblonde 22nd Sep 16, 11:08 AM
    • 1,442 Posts
    • 7,306 Thanks
    atypicalblonde
    Another OP made so we have surpassed this month's OP target with a week still to go

    Hope I can keep this momentum going. The mini goal is to be in the 30s by Christmas xx
    Stay at home wife and mummy

    Mortgage as at 28.9.16 - £141,900
    • atypicalblonde
    • By atypicalblonde 24th Sep 16, 3:04 PM
    • 1,442 Posts
    • 7,306 Thanks
    atypicalblonde
    Managed to make a bumper OP of £601 today, hurrah! So we are well on our way with October's target already

    Hoping for a week of NSDs, starting tomorrow, wish me luck! xx
    Stay at home wife and mummy

    Mortgage as at 28.9.16 - £141,900
    • atypicalblonde
    • By atypicalblonde 26th Sep 16, 10:07 AM
    • 1,442 Posts
    • 7,306 Thanks
    atypicalblonde
    Morning all

    Mortgage stands at £141,999 today. Can't wait to be in the 30s, our mortgage has never been in the 30s so it will be a huge achievement!

    I have a question and a shameless request for some of our MF pals to help me out - how did you keep motivated? When MF-dom seemed such a long way off, how did you keep going? On days like this, when all I can do is a £9 Tilly-tidy, and I am staring at 6 figures on my online banking, I wonder how on earth we will ever get there. Any wise words greatly appreciated xx
    Stay at home wife and mummy

    Mortgage as at 28.9.16 - £141,900
Welcome to our new Forum!

Our aim's to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,100Posts Today

7,195Users online

Martin's Twitter