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  • FIRST POST
    • AlexLK
    • By AlexLK 8th Mar 15, 11:07 PM
    • 5,967Posts
    • 31,445Thanks
    AlexLK
    Renovations and Repayments.
    • #1
    • 8th Mar 15, 11:07 PM
    Renovations and Repayments. 8th Mar 15 at 11:07 PM
    Hello and welcome to visitors familiar with my journey thus far and are surprised to see me on such a sensible board and a further warm welcome to the new faces wondering what they've let themselves in for.

    Let me begin by clarifying a few points: the first one is I am not sure whether I'm actually serious or not about clearing my mortgage and the second is the fact my house needs quite a bit of work doing to it. This work I do myself and in the time my wife and I have lived in the house we've learnt all kinds of new skills. The current project involves renewing the windows and I am making the frames myself, two are done and I'm pleased to say look great.

    I plan to use this mortgage free (how very grown up) diary to document the renovations and my savings activities, out of which overpayments may or may not be made. However, I am fully committed to long term saving and making as much money as possible. A long term goal of mine is to add to the BTL portfolio I shall one day inherit and am already becoming more involved in which is perhaps a good reason to pay my mortgage off and make my current property into an investment.

    Aside from the recent interest in moneysaving I have a four year old son, run my own company, play and teach the violin and piano whilst studying for my own interest. Oh and don't mention the cars.

    Those familiar with my debt-free diary will know I'm not exactly great at record keeping but am trying to improve, so please don't expect the detailed financial updates others seem to put on here. To kick things off, I suppose I ought to confess the mortgage debt is a total of circa £185,000 and I have no real timescale or plan in mind to pay it off.

    Sorry if this is not a particularly articulate introduction, as I seem to be at a loss how to tailor it to both those who've read my debt free diary and to new readers frequenting mortgage free.
    2018 totals:
    Savings £4568.77
    Mortgage Overpayments £250

    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.
Page 154
    • AlexLK
    • By AlexLK 20th Jun 17, 12:33 AM
    • 5,967 Posts
    • 31,445 Thanks
    AlexLK
    Have you done a profile for that debt Alex? - So you can map how you project you will clear it over time? I wonder if you need to pay this a little bit of attention to stop you worrying about it. I realise it was one of your mental health triggers, so taking control of it by knowing your plan and timescale to clear it should contribute to peace of mind for you. I do hope so.
    Originally posted by Suffolk lass
    On DFW?

    I have a spreadsheet for it. Hoping to clear another £1,500 in July and £1,000 in August, September and October followed by the final £500 in November. This is a best case scenario. The worst is making £300 payments.

    I feel a little better about it having cleared the first £1,500 and also paid in full the cashback card we are using for groceries and petrol. However, I know there's a long way to go before I can fully trust myself with any amount of debt.

    Glad all going well for you Alex and as others have said, keep monitoring the actual progress of the debt repayment against planned - hopefully that will put your mind at rest.

    Was thinking about you last week. We get a lot of test cars here as we have empty, straight, motorways, winding mountainous roads and extreme heat so quite a few manufacturers send new models (or new versions) for testing. Mainly BMW, Audi and VW, also a lot of Evoques. We're used to seeing them about, quite often with disguised bodywork like this. (Actually, that picture looks like it was taken round here, though it's marked GM so probably in the USA). Last week though there were two Bentleys............. both pick-up trucks......... . I was pretty proud of myself for identifying them from the front grills . However, it transpires they were probably Fords or Chryslers with false grills fitted as an extra disguise. Just as well, as even I know a Bentley pick-up is wrong . I was wondering though if your mother would like to put her name down for a few, just in case they actually were Bentleys .
    Save
    Save
    Save
    Originally posted by gallygirl
    Hi Gally!

    Mind is at rest when comparing the current figure to the worst case scenario figure on the spreadsheet.

    Re. the Bentleys. They do now have a 4x4 version. ... But its no LR Defender ... .

    On another note, why do you send me some kind of secret message to "save, save, save" when I quote you, Gally?

    I have been catching up and have squeaked happily at all the progress and positivity.

    Alex, you're a fantastic person and I am glad to know you, even only virtually. You are in a far better place than I think you believed you could be when you started your original diary.

    Cracking work, good sir!!

    HBS x
    Originally posted by heartbreak_star
    Thank you, HBS.

    I'm glad to know you, albeit virtually, too. I am in a much better place (definitely so financially but mentally too). Sounds rather silly but I have a lot to thank you and other posters for. I got a lot of flak when I first joined (still do sometimes) which in turn gave me a lot to think about as well as making me realise I am not in the worst situation ever and things could be a lot worse.

    Probably disappoints / amuses you I still have a pen collection, though.
    2018 totals:
    Savings £4568.77
    Mortgage Overpayments £250

    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.
    • A Frayed Knot
    • By A Frayed Knot 20th Jun 17, 12:55 AM
    • 2,251 Posts
    • 10,079 Thanks
    A Frayed Knot
    On DFW?

    I have a spreadsheet for it. Hoping to clear another £1,500 in July and £1,000 in August, September and October followed by the final £500 in November. This is a best case scenario. The worst is making £300 payments.

    Excellent progress already. Got it all worked out

    On another note, why do you send me some kind of secret message to "save, save, save" when I quote you, Gally.

    Noticed this as well, probably some sub conscious "thing" like brainwashing

    Probably disappoints / amuses you I still have a pen collection, though.
    Originally posted by AlexLK
    Not me, we all have our "little" oddies
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    Target 24 months 1/24
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69, 2016/£3186.80, 2017 £4068.97

    • cazmanian_minx
    • By cazmanian_minx 20th Jun 17, 6:58 AM
    • 4,011 Posts
    • 18,477 Thanks
    cazmanian_minx
    On DFW?
    Probably disappoints / amuses you I still have a pen collection, though.
    Originally posted by AlexLK
    That reminds me - a friend of mine has just introduced me to Diamine shimmer ink. (I can see you wincing from here ) I take it I'm better off getting a converter for my old, cheap school Sheaffer rather than sticking it in the vintage Parker...?
    Home: 06/08: £145,145.00 Currently: £114,428.66 Offset: £51,337.84 Amount paid off: £30,716.34 (21.2%) Paying interest on: £63,090.82
    Holiday let:
    02/17: £177,416.86 (Family loan: £129,146.86 + 0% cards £48,270.00) Currently: £169,836.86 Amount paid off: £7,580.00 (4.22%)
    Sugar days 2017: 17/26 Debt-free: 17/02/2017
    • gallygirl
    • By gallygirl 20th Jun 17, 3:59 PM
    • 16,431 Posts
    • 108,573 Thanks
    gallygirl
    Can't believe you've rumbled my subliminal messages Alex . I think it's something to do with a post being edited but not really sure. BTW - two Maserati test cars today. Saw them being offloaded from the transporter, covered in big bags (the type of dust bags you get handbags in) with Maserati written on them so a bit of a clue .
    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"
    • AlexLK
    • By AlexLK 21st Jun 17, 11:54 PM
    • 5,967 Posts
    • 31,445 Thanks
    AlexLK
    Not me, we all have our "little" oddies
    Originally posted by A Frayed Knot
    Just some more than others, eh?



    That reminds me - a friend of mine has just introduced me to Diamine shimmer ink. (I can see you wincing from here ) I take it I'm better off getting a converter for my old, cheap school Sheaffer rather than sticking it in the vintage Parker...?
    Originally posted by cazmanian_minx


    Honestly don't think you need me to answer that question.

    Can't believe you've rumbled my subliminal messages Alex . I think it's something to do with a post being edited but not really sure. BTW - two Maserati test cars today. Saw them being offloaded from the transporter, covered in big bags (the type of dust bags you get handbags in) with Maserati written on them so a bit of a clue .
    Originally posted by gallygirl


    So it isn't deliberate?

    I have a dust cover for my Triumph GT6. Granted, a different league. Were they in disguise? Found out the other week you can get a Maserati with a diesel engine, that saddened me somewhat. Person who told me thought the fact I didn't know was rather amusing as he's always said I'm the "car guy". Anyway, I'm really out of touch as I asked Mrs. K. if she knew and she rolled her eyes said "yes" and I need to "get with the picture".

    Spend, spend, spend ... erm, wrong post ...
    2018 totals:
    Savings £4568.77
    Mortgage Overpayments £250

    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.
    • AlexLK
    • By AlexLK 22nd Jun 17, 12:16 AM
    • 5,967 Posts
    • 31,445 Thanks
    AlexLK
    June Targets:

    Organise Summer holiday: 1. Trip to R.W. 2. Holiday. 3. Agricultural shows x 3.
    Debts: Pay £1,500 from the balance (£6,500 ). Paid.
    Total Grocery Spend: £215 / £400.
    11.30pm bedtime: 3/20 Went to bed really early last night (10pm ) and will be going to bed straight after writing this. I'm actually tired which is a good sign.
    Meditation: 5/21.
    Spreadsheets / Money tracking: Managing to keep on track with this.
    De-clutter and Sell: / 3 items. One needs to be the car I've been meaning to sell for months.Not sure why I cannot manage to motivate myself to do this?
    Books read for pleasure: 3 / 2, target exceeded.
    Learn something new or refine a skill: 1. Continue learning and applying new knowledge to create more sophisticated and streamlined spreadsheets. 2. Learn a new piece of repertoire.

    Feeling better.

    Had a busy day today which has been enjoyable. My mother is an absolute nightmare, though. She's managed to hurt her wrist and also shoulder (sprained, we think, certainly not broken) because she decided to try to fit a really awkward part on the Daimler she owns. I'd told her to take it to a garage, let them fight with it and I wasn't going to get involved. She decides she wants to have a go and this is the result. The first I hear is father calling me to say he's concerned mother has broken her wrist. I thought she may have fell or done something else that an old lady her age might do (glad she will never read this ) but no, this is my mother and she's got near 2,000kgs of car up in the air because she "doesn't quit".
    2018 totals:
    Savings £4568.77
    Mortgage Overpayments £250

    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.
    • newgirly
    • By newgirly 22nd Jun 17, 7:04 AM
    • 6,107 Posts
    • 42,181 Thanks
    newgirly
    hope your mum is ok Alex!

    My dad bought himself a maserati last year, I don't even know if its petrol or diesel he spends most days driving my mums mini as it's easier! I said he should have got a little red Nissan micra now he's a pensioner
    MFW 21
    Target for 2018 £40k/£3769.26 paid so far

    Mortgage £43,856 4yrs 4 mths left. Total owed £58,228.74 planning to clear in 15 months
    Weight loss target 2018- 21lb /5 lb lost
    • gallygirl
    • By gallygirl 22nd Jun 17, 7:54 AM
    • 16,431 Posts
    • 108,573 Thanks
    gallygirl
    Not being a car person Alex I'm not sure I'd know if a Maserati was disguised or not . As for diesel engines, well if I see them cruising down the paseo I'll listen out . (Not sure I'd know the difference )

    Hope your mum's wrist is ok with a bit of a rest - fair play to her though .
    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"
    • AlexLK
    • By AlexLK 25th Jun 17, 12:35 AM
    • 5,967 Posts
    • 31,445 Thanks
    AlexLK
    June Targets:

    Organise Summer holiday: 1. Trip to R.W. 2. Holiday. 3. Agricultural shows x 3. This is getting closer by the day. I don't even know where the weeks are going at the moment, I seem not to be able to manage my time well and days / weeks are passing me by.
    Debts: Pay £1,500 from the balance (£6,500 ). Paid.
    Total Grocery Spend: £255 / £400.
    11.30pm bedtime: 3/20 Really struggling with this. Was not asleep until past sunrise, managed only to fall to sleep because I was so tired.
    Meditation: 5/21.
    Spreadsheets / Money tracking: Managing to keep on track with this. Still doing well with this aspect.
    De-clutter and Sell: / 3 items.
    Books read for pleasure: 3 / 2, target exceeded.
    Learn something new or refine a skill: 1. Continue learning and applying new knowledge to create more sophisticated and streamlined spreadsheets. 2. Learn a new piece of repertoire.

    I really don't know what's happening to me at the moment. I'm really struggling with time management and establishing any semblance of routine. However, I'm not in a bad place mentally and most things apart from the above are rather good. On the positive side, the one thing I am managing well are the finances / spreadsheets. It seems to have now become a habit and I'm not as concerned about the debt as I was because every time I open Excel I see £1,500 paid for June which I am rather impressed with. Next month will not be so high as we've more expenses to cover but if we can see £1,000 cleared from the card I'll be happy with that. Which reminds me I will update re. fixtures and fittings. So far we are really pleased with it.

    hope your mum is ok Alex!

    My dad bought himself a maserati last year, I don't even know if its petrol or diesel he spends most days driving my mums mini as it's easier! I said he should have got a little red Nissan micra now he's a pensioner
    Originally posted by newgirly
    She's OK. My father isn't, he's concerned that she needs to "slow down". I am too. She's terrified about getting older and told me she'd rather die being active than face becoming confined to a room or two. I understand that but she can be so stubborn and has started taking on things when she knows it would be better to pass on because she (I think) wants to prove to herself she can still do it. I suppose it's probably a common issue with older people who are still physically able.

    Re. your father. However, I find some cars much easier to drive than others. Can't say I'm particularly good with the brakes on a lot of modern cars, on the occasion I drive something new which isn't a Defender I have to really think about not almost putting my passenger through the windscreen. School friend let me have a go in his 430d when he and his girlfriend were up in Bakewell. Girlfriend: "I thought you'd be a good driver having all those old cars" ... that was just after I accidentally pressed the brake pedal as if it were non-servo assisted. I was seriously impressed by the performance for what it was, though. What model is the Maserati, NG?

    Not being a car person Alex I'm not sure I'd know if a Maserati was disguised or not . As for diesel engines, well if I see them cruising down the paseo I'll listen out . (Not sure I'd know the difference )

    Hope your mum's wrist is ok with a bit of a rest - fair play to her though .
    Originally posted by gallygirl


    You don't have to be a car person to be able to hear.

    Mother is OK, still needs to rest at the moment. We are cooking roast tomorrow and my father is making dessert with my son which should be nice. Tonight my son sent my father a recipe on the iPad and they had a brief conversation via message but it appears the rot is starting to set in as he asked if he could have one (iPad).
    2018 totals:
    Savings £4568.77
    Mortgage Overpayments £250

    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.
    • AlexLK
    • By AlexLK 28th Jun 17, 8:51 PM
    • 5,967 Posts
    • 31,445 Thanks
    AlexLK
    June Targets:

    Organise Summer holiday: 1. Trip to R.W. 2. Holiday. 3. Agricultural shows x 3.
    Debts: Pay £1,500 from the balance (£6,500 ). Paid.
    Total Grocery Spend: £290 / £400.
    11.30pm bedtime: Since I last posted, I've been going to bed very early (10.00pm and reading until 10.30pm).
    Meditation: 5/21.
    Spreadsheets / Money tracking: Managing to keep on track with this. Still doing well with this aspect.
    De-clutter and Sell: / 3 items.
    Books read for pleasure: 4 / 2, target exceeded.
    Learn something new or refine a skill: 1. Continue learning and applying new knowledge to create more sophisticated and streamlined spreadsheets. 2. Learn a new piece of repertoire.

    Managed a few early nights which have been good for me.

    Can't quite believe Saturday will mark the 1st July and almost another school year over. My son will be going into Year 2 in September and seems to be growing fast at the moment. He's taken two music exams this week and performed very well, just waiting for the results now.

    No money news as we are just trying to pay the 0% debt off ASAP.
    2018 totals:
    Savings £4568.77
    Mortgage Overpayments £250

    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.
    • A Frayed Knot
    • By A Frayed Knot 28th Jun 17, 9:13 PM
    • 2,251 Posts
    • 10,079 Thanks
    A Frayed Knot
    You are doing so well, what a turn around ! ! ! You must be sooooo pleased

    And your son, hope (I'm sure) he will have done very well in his music exams, you must remember just how young he is, although growing up so fast. Time passes very quickly for us (adults), but as I seem to remember when young - couldn't wait to be all grown up.

    Your food budget - I seem to remember you saying something like - you couldn't manage on any less - now just look at it

    I'm Still harping on about
    http://www.boots.com/tisserand-sweet-dreams-aromatherapy-roller-ball-10ml-10085639
    and there is other similar

    10/10 all round
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    Target 24 months 1/24
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69, 2016/£3186.80, 2017 £4068.97

    • shangaijimmy
    • By shangaijimmy 28th Jun 17, 9:27 PM
    • 2,384 Posts
    • 11,491 Thanks
    shangaijimmy
    I'm with you on time flying by. My boys about to leave yr 3 and foundation, when I'm sure we only had them last year!!
    MFW: Turning June 2036 into March 2023... 35//120 Payments Challenge, Diary Reduction £37,826.92
    Aug 2009: £163,051 // Current: £98,173.08 // Avg Daily Interest £4.41
    MFiT-T4 #8 - 64.95% of £41,000
    • kelpie35
    • By kelpie35 28th Jun 17, 11:35 PM
    • 1,546 Posts
    • 4,996 Thanks
    kelpie35
    I am so pleased that you are getting to bed earlier, I am sure you do feel the benefit from this.

    You should be so proud of yourself regards the shopping budget. Remember any monies left over can go to your debt.

    Hope your son will be pleased with his music results. You and your wife must be so proud of all his achievements.

    Take care
    • armchairexpert
    • By armchairexpert 29th Jun 17, 1:30 AM
    • 750 Posts
    • 4,907 Thanks
    armchairexpert
    My eight year old has been telling me for at least two years that she is the only person in her whole class without an iPad, and yet she seems to survive. (It's also not true!).

    Year One is so young to be sitting exams! I'm sure you'll be proud of him no matter how he does, and with a teacher like you I'm sure he'll do fine.
    MFW diary here. 1 Feb 2017 $229,371 - MFD Feb 2043 aiming for May 2028
    14 August 2017 - Refinanced: $220,000
    December 2017 - $214,653.00 Current MFD 31 July 2035
    • AlexLK
    • By AlexLK 29th Jun 17, 7:11 PM
    • 5,967 Posts
    • 31,445 Thanks
    AlexLK
    June Targets:

    Organise Summer holiday: 1. Trip to R.W. 2. Holiday. 3. Agricultural shows x 3.
    Debts: Pay £1,500 from the balance (£6,500 ). Paid.
    Total Grocery Spend: £310 / £400.
    11.30pm bedtime: Since I last posted, I've been going to bed very early (10.00pm and reading until 10.30pm). Another early night last night and will be going to bed early tonight.
    Meditation: 6/21. Used it to sleep last night rather than getting up.
    Spreadsheets / Money tracking: Managing to keep on track with this. Still doing well with this aspect.
    De-clutter and Sell: / 3 items.
    Books read for pleasure: 4 / 2, target exceeded.
    Learn something new or refine a skill: 1. Continue learning and applying new knowledge to create more sophisticated and streamlined spreadsheets. 2. Learn a new piece of repertoire.

    I've not been very well today but hoping tomorrow will be better. I'm very concerned about my father's future and think that is not helping me at the moment. He has been handling things quite strangely, especially when mother hurt herself; not really knowing what to do and getting unduly stressed about the whole situation. Next week I have to take him to a specialist. Father has suffered from potentially life-threatening ill health before but nothing which has the potential to take him before death. Mother's wrist and shoulder are a lot better, still not ready to finish the job but she's not coping with father being referred.

    You are doing so well, what a turn around ! ! ! You must be sooooo pleased

    And your son, hope (I'm sure) he will have done very well in his music exams, you must remember just how young he is, although growing up so fast. Time passes very quickly for us (adults), but as I seem to remember when young - couldn't wait to be all grown up.

    Your food budget - I seem to remember you saying something like - you couldn't manage on any less - now just look at it

    I'm Still harping on about
    http://www.boots.com/tisserand-sweet-dreams-aromatherapy-roller-ball-10ml-10085639
    and there is other similar

    10/10 all round
    Originally posted by A Frayed Knot
    Thanks, AFK.

    I'll be pleased if my sleeping habits manage to stay this way!

    Time does pass quickly for us but summer seems to last forever to my son. He too wants to be "grow up", of course. He should have done well, I was pleased with his performance.

    Food budget is going well because we are planning and sticking with the plan. I know this was something I didn't think I could do and at times it seems hard to stick to but it is working for us both in terms of time and money.

    I'm with you on time flying by. My boys about to leave yr 3 and foundation, when I'm sure we only had them last year!!
    Originally posted by shangaijimmy
    I am yet to experience my son moving to the next class at school (R, Y1 and Y2 are all in the same class, then Y3-6 are in the same class). I think sometimes the Y3 child(ren) stays in the first class if not ready to move on but my son should be ready at the end of next year. Still, each school year is a milestone for him (and me).

    I am so pleased that you are getting to bed earlier, I am sure you do feel the benefit from this.

    You should be so proud of yourself regards the shopping budget. Remember any monies left over can go to your debt.

    Hope your son will be pleased with his music results. You and your wife must be so proud of all his achievements.

    Take care
    Originally posted by kelpie35
    Thanks, kelpie.

    I will be putting the extra £90 to the debt if we haven't spent it by the end of tomorrow.

    We are both very proud. My wife managed to come to the exam as well, so we had a nice cafe lunch together yesterday which was a treat. Both my wife and I said we enjoy things like that much more now. It means a lot to me that she's getting involved.
    2018 totals:
    Savings £4568.77
    Mortgage Overpayments £250

    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.
    • AlexLK
    • By AlexLK 29th Jun 17, 7:36 PM
    • 5,967 Posts
    • 31,445 Thanks
    AlexLK
    My eight year old has been telling me for at least two years that she is the only person in her whole class without an iPad, and yet she seems to survive. (It's also not true!).

    Year One is so young to be sitting exams! I'm sure you'll be proud of him no matter how he does, and with a teacher like you I'm sure he'll do fine.
    Originally posted by armchairexpert
    He doesn't need an iPad, he has access to mine and that's enough. His intentions were quite sweet really, he wanted one so he could discuss making a dessert with my father and find recipes. My wife quizzed a little more about what else he might like to do on the iPad and he said watch the times table song. He doesn't really know about many games at the moment.

    I won't enter him if I'm concerned about the standard he's playing at so he will be fine.
    Last edited by AlexLK; 29-06-2017 at 9:56 PM.
    2018 totals:
    Savings £4568.77
    Mortgage Overpayments £250

    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.
    • cazmanian_minx
    • By cazmanian_minx 29th Jun 17, 8:42 PM
    • 4,011 Posts
    • 18,477 Thanks
    cazmanian_minx

    Time does pass quickly for us but summer seems to last forever to my son. He too wants to be "grow up", of course. He should have done well, I was pleased with his performance.
    Originally posted by AlexLK
    Ooh, I have a theory about that

    I think time seems to speed up as we get older because of the relative proportion of our life thus far a set period is. If you're 5, a year is 20% of your lifetime, whereas if you're 50 (as Mr Minx is tomorrow), a year is 2% of your lifetime - it's all about perception, which is why the summers always seemed so much longer when we were young
    Home: 06/08: £145,145.00 Currently: £114,428.66 Offset: £51,337.84 Amount paid off: £30,716.34 (21.2%) Paying interest on: £63,090.82
    Holiday let:
    02/17: £177,416.86 (Family loan: £129,146.86 + 0% cards £48,270.00) Currently: £169,836.86 Amount paid off: £7,580.00 (4.22%)
    Sugar days 2017: 17/26 Debt-free: 17/02/2017
    • AlexLK
    • By AlexLK 29th Jun 17, 9:59 PM
    • 5,967 Posts
    • 31,445 Thanks
    AlexLK
    Ooh, I have a theory about that

    I think time seems to speed up as we get older because of the relative proportion of our life thus far a set period is. If you're 5, a year is 20% of your lifetime, whereas if you're 50 (as Mr Minx is tomorrow), a year is 2% of your lifetime - it's all about perception, which is why the summers always seemed so much longer when we were young
    Originally posted by cazmanian_minx
    I have the same theory, Caz! Great minds ...

    Re. Summer: my son made me laugh today when he told me "The weather is being naughty." I asked why and his reply was "It's summer, if it were good it would be sunny".

    Off to bed now and hope it is a little brighter tomorrow.
    2018 totals:
    Savings £4568.77
    Mortgage Overpayments £250

    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.
    • armchairexpert
    • By armchairexpert 30th Jun 17, 2:50 AM
    • 750 Posts
    • 4,907 Thanks
    armchairexpert
    I have heard that theory before as well!

    Alex, when did your son start playing - it's the piano, isn't it? My younger daughter is only five at the moment, but I thought about looking into music lessons for next year (I limit them to one extra curricular each and she's chosen hers for this year already) - I assume your son had already started by her age, would I be right?

    Also, if I do go with piano lessons, can I get away with just a keyboard for practice at home? My old piano was damaged beyond repair years ago and I no longer play, and I can't really justify buying one just for a child who may get bored of it again in a year.
    MFW diary here. 1 Feb 2017 $229,371 - MFD Feb 2043 aiming for May 2028
    14 August 2017 - Refinanced: $220,000
    December 2017 - $214,653.00 Current MFD 31 July 2035
    • CathT
    • By CathT 30th Jun 17, 5:58 PM
    • 5,418 Posts
    • 37,950 Thanks
    CathT
    I have the same theory, Caz! Great minds ...

    Re. Summer: my son made me laugh today when he told me "The weather is being naughty." I asked why and his reply was "It's summer, if it were good it would be sunny".

    Off to bed now and hope it is a little brighter tomorrow.
    Originally posted by AlexLK
    Thanks for posting that explains those Caz, I tried to explain it to someone recently but didn't put it as well as you.

    Lovely to read bright happy posts such as this Alex. Our children are small for such a short time and I love to take note of all the things they come out with. Their world is so literal.

    I have every confidence you will keep up with those debt repayments, first chunk gone so onwards and downwards.
    Last edited by CathT; 01-07-2017 at 7:15 AM.
    Feb 2018 -
    part 1 - £78,989
    part 2 - £45,748
    Total - £124,737
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