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  • FIRST POST
    • shangaijimmy
    • By shangaijimmy 13th Mar 15, 12:18 PM
    • 2,281Posts
    • 10,612Thanks
    shangaijimmy
    New Diarist - Attacking the Banks!
    • #1
    • 13th Mar 15, 12:18 PM
    New Diarist - Attacking the Banks! 13th Mar 15 at 12:18 PM
    Hi all,
    I've knocked about a bit off and on for the last few years and a bit more heavily in the last 4 months. I've threatened a diary, but also found an excuse not to. Excuses are now fully exhausted so here goes. Remortgage complete, which i'll detail later, bank accounts organised (again i'll discuss later), spreadsheets plentiful and i'm learning on the go with these.

    Overall goal - pay off in 10 years, so 120 payments
    Dream goal - pay off in 8 years, so 96 payment

    Targets
    March 2015 - Balance at start of diary - £136,000
    • Feb 2017 - End of Yr 2 Balance £109,000 (£27k reduction since diary began) - Actual £110,520 (£25.5k reduction since diary began)
    • June 2017 - £106,500 - Actual £106,378 (£122 ahead)
    • July 2017 - £105,400 - Actual £105,296 (£104 ahead)
    • Aug 2017 - £104,300 - Actual £103,922.28 (£378 ahead)
    • Sept 2017 - £103,200 - Actual £102,735 (£465 ahead)
    • Oct 2017 - £102,100 - Actual £101,729 (£371 ahead)
    • Nov 2017 - £101,000 - Actual £100,551 (£449 ahead)
    • Dec 2017 - £99,999
    • Jan 2018 - £98,700
    • Feb 2018 - End of Yr 3 Balance - £97,500 (£38,500 reduction during diary & MFW journey)
    Last edited by shangaijimmy; 02-12-2017 at 8:48 PM. Reason: Updated Goals
    MFW: Turning June 2036 into March 2023... 33//120 Payments Challenge, Diary Reduction £35,448.08
    Aug 2009: £163,051 // Current: £100,551.94 // Avg Daily Interest £4.52
    MFiT-T4 #8 - 56.74% of £41,000
Page 113
    • Busy Mee1
    • By Busy Mee1 19th Nov 17, 7:28 AM
    • 438 Posts
    • 1,729 Thanks
    Busy Mee1
    Nice to see you back Jimmy
    • CathT
    • By CathT 19th Nov 17, 8:52 AM
    • 5,387 Posts
    • 37,040 Thanks
    CathT
    Good luck with your sub 100k goal Jimmy. We got there and it felt brilliant, such a huge milestone.
    Just need to get there again now since our additional borrowing for extension!
    Dec 2017 -
    part 1 - £79,467
    part 2 - £45,985
    Total - £125,449
    • lippy1923
    • By lippy1923 19th Nov 17, 2:55 PM
    • 1,232 Posts
    • 3,439 Thanks
    lippy1923
    Wow SJ, just been scanning over your progress. So close to the £99,999 figure


    Catching up with me real quick.... told ya you would
    Total Mortgage OP £17,500
    House Value £250,000 Mortgage £92,245
    Emergency Fund £28,000

    • shangaijimmy
    • By shangaijimmy 19th Nov 17, 8:34 PM
    • 2,281 Posts
    • 10,612 Thanks
    shangaijimmy
    Thanks Busy and Cath, its good to have support and to know that others are going through he same turmoil/torture. Someone assured me it would be worth it...hmmmm!

    Lippy - am i actually catching you though...! It never seems as if i'm closing the gap!?!?!?

    Good day today and a NSD for me and Mrs SJ (which is a rarity for Mrs). Made a start on presents too (online only as i refuse to go the shops)...go us! But more importantly i tackled the shambles that was the boys bedrooms! I threatened DS1 that his room has to stay tidy for at least a week...i give it till Thursday before it looks like a Tasmanian devil has been in there!

    2 dog walks in my favourite dog walk weather; cold and crisp. And been watching the tennis final and typing this in between change of ends breaks.

    This time of year is great for me as i'm on countdown to Christmas time off. I have 25 days, and 19 work days to go until i have 3 weeks off, yay!! Sorry take 2 work days off as i'm off Thurs and Fri this week. It genuinely isn't planned this way but my final day in work is the day the darts starts, which is a nice bonus (much to Mrs SJ disgust, especially when i exclaim that Christmas is all about the darts).

    In more important mortgage news (given this is the purpose of the diary), I TT'd £1 today and then OP'd the weekly pot of £5.23. Was surprisingly pleased that the amount was more than the daily interest for a change, and it felt like a small nerdy victory!

    This week First Direct have finally added mortgage account to the list of accounts that we can see on our internet banking. Strangely it comes up on the mobile app but not the online one yet?!?!? It has always irked me that i couldn't see it online, and now that has changed i really do have no negatives about FD bank now!

    Right, last few games of deciding set then it early night for me.

    Have a great ending to the week, and a good start to next everyone.
    MFW: Turning June 2036 into March 2023... 33//120 Payments Challenge, Diary Reduction £35,448.08
    Aug 2009: £163,051 // Current: £100,551.94 // Avg Daily Interest £4.52
    MFiT-T4 #8 - 56.74% of £41,000
    • hiddenshadow
    • By hiddenshadow 19th Nov 17, 10:18 PM
    • 2,304 Posts
    • 10,328 Thanks
    hiddenshadow
    Ooh, thanks for the head's up on FD finally including the mortgage display somewhere. So (nerdily) exciting!
    MFW: Dec '13 £197,100 / Dec '14 £180,691 / Dec '15 £161,669 / Dec '16 £119,669 / Dec '17 £104,645
    2017 MFW #56: £15,022/£15,000 100% / MFiT-T4 #15: £54,854/£90,000 60%
    • shangaijimmy
    • By shangaijimmy 20th Nov 17, 7:56 AM
    • 2,281 Posts
    • 10,612 Thanks
    shangaijimmy
    Quick check in to report a 1p TT!!
    MFW: Turning June 2036 into March 2023... 33//120 Payments Challenge, Diary Reduction £35,448.08
    Aug 2009: £163,051 // Current: £100,551.94 // Avg Daily Interest £4.52
    MFiT-T4 #8 - 56.74% of £41,000
    • shangaijimmy
    • By shangaijimmy 21st Nov 17, 7:39 AM
    • 2,281 Posts
    • 10,612 Thanks
    shangaijimmy
    Decent day yesterday. Made some more progression on Christmas, and have a big delivery coming on Thursday. Other than the little bitty things for the kids we're done!

    Booked a hotel and spa for this weekend. A rare night away from the 3 kids (first one actually since baby SJ was born and she's nearly 2!), for a belated anniversary as we missed it when i was away with work and all paid for with Novembers Matched betting winnings. Don't panic i've only used half of it as the other half will go to the mortgage on December 1st.

    TT'd 33p this morning so now 34p for the week so far... Payday is Friday, so paying out day in Monday and OP day is a week on Thursday!
    MFW: Turning June 2036 into March 2023... 33//120 Payments Challenge, Diary Reduction £35,448.08
    Aug 2009: £163,051 // Current: £100,551.94 // Avg Daily Interest £4.52
    MFiT-T4 #8 - 56.74% of £41,000
    • shangaijimmy
    • By shangaijimmy 22nd Nov 17, 7:43 AM
    • 2,281 Posts
    • 10,612 Thanks
    shangaijimmy
    2p TT to start the day off alongside sending a £5.94 quidco payment to the mortgage.

    Another NSD yesterday for the 2 of us and then managed to make £60 MBing last night. So i'll throw that cash to the meal and beer fund on Friday night.
    MFW: Turning June 2036 into March 2023... 33//120 Payments Challenge, Diary Reduction £35,448.08
    Aug 2009: £163,051 // Current: £100,551.94 // Avg Daily Interest £4.52
    MFiT-T4 #8 - 56.74% of £41,000
    • shangaijimmy
    • By shangaijimmy 26th Nov 17, 9:09 AM
    • 2,281 Posts
    • 10,612 Thanks
    shangaijimmy
    3p TT for yesterday and £1 today. Weekly TT pot sat at £3.04 so dispatched it to mortgage.

    New week off and running!
    MFW: Turning June 2036 into March 2023... 33//120 Payments Challenge, Diary Reduction £35,448.08
    Aug 2009: £163,051 // Current: £100,551.94 // Avg Daily Interest £4.52
    MFiT-T4 #8 - 56.74% of £41,000
    • michelle09
    • By michelle09 26th Nov 17, 12:38 PM
    • 460 Posts
    • 1,823 Thanks
    michelle09
    Woot, every little helps.

    Hope the spa was lovely and relaxing?
    • shangaijimmy
    • By shangaijimmy 26th Nov 17, 9:02 PM
    • 2,281 Posts
    • 10,612 Thanks
    shangaijimmy
    Hotel was fantastic. Lovely setting, sat in front of coal fires drinking and eating ! Made better by the fact that when we checked out they'd missed loads of the bill, and I reckon about £75!

    Saturday was back to normal with football, swimming lessons and then Mrs SJ on a night out so I was babysitting. Also spotted that DS2 has shingles! But thankfully it isn't bothering him at all. Today as spent working, MBing and taking boys trampolining.

    Just 3 weeks left in work and more specifically 14 work days!
    MFW: Turning June 2036 into March 2023... 33//120 Payments Challenge, Diary Reduction £35,448.08
    Aug 2009: £163,051 // Current: £100,551.94 // Avg Daily Interest £4.52
    MFiT-T4 #8 - 56.74% of £41,000
    • shangaijimmy
    • By shangaijimmy 26th Nov 17, 9:03 PM
    • 2,281 Posts
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    shangaijimmy
    Sold another 6 items on eBay and my MB profit for the month so far is £385, so heading for a £400 month.
    MFW: Turning June 2036 into March 2023... 33//120 Payments Challenge, Diary Reduction £35,448.08
    Aug 2009: £163,051 // Current: £100,551.94 // Avg Daily Interest £4.52
    MFiT-T4 #8 - 56.74% of £41,000
    • shangaijimmy
    • By shangaijimmy 29th Nov 17, 7:47 AM
    • 2,281 Posts
    • 10,612 Thanks
    shangaijimmy
    Started the day with a 26p TT, and with 2 days before November accounts posting i had a sneaky peek at the spreadsheet! Happy to report that we will definitely be ahead of the November target of £101,000, and on the final stretch of the 100k's....! I'm hoping Mrs SJ will be as excited as i am about dropping a digit off the front!!
    MFW: Turning June 2036 into March 2023... 33//120 Payments Challenge, Diary Reduction £35,448.08
    Aug 2009: £163,051 // Current: £100,551.94 // Avg Daily Interest £4.52
    MFiT-T4 #8 - 56.74% of £41,000
    • michelle09
    • By michelle09 29th Nov 17, 9:52 AM
    • 460 Posts
    • 1,823 Thanks
    michelle09
    If Mrs SJ isn't, I'm sure you'll get support on here. You're nearly there!

    Wow, I didn't realise MB could be so profitable...
    • themadvix
    • By themadvix 30th Nov 17, 8:37 AM
    • 1,149 Posts
    • 6,709 Thanks
    themadvix
    She should definitely be excited! It's a huge shift mentally, owing only 5 figures - I'm still enjoying the feeling several months later!
    OPs 2017 = £2603/£10000
    S&S ISA = £300/£600
    OPs made 2016 = £6142.12
    Starting balance 2012: £132000; balance June 2017: £99,974
    MFW2017 no. 38
    • shangaijimmy
    • By shangaijimmy 30th Nov 17, 9:14 AM
    • 2,281 Posts
    • 10,612 Thanks
    shangaijimmy
    Thanks both. She will be excited i'm certain of it!

    Made a cheeky 10p TT this morning, so the pot for the week is only growing very slowly! I'll be lucky to hit £2!

    As for MB it is profitable but only after a concerted effort to stay in for the long haul. I made about £1000 in 6 months and then £4k in the next 10 once i'd built up a certain amount of money to do lots of offers, and experience which brings discipline to things! Last nights football for example made me £16 from risk free methods. So i either ended up breaking even or making £16. Fortunately Man City scored a very very late winner! Overall it has become a bit of a hobby of mine!

    Day off today but have a poorly DS2 with me. Rotten cough and cold to go with his shingles!
    MFW: Turning June 2036 into March 2023... 33//120 Payments Challenge, Diary Reduction £35,448.08
    Aug 2009: £163,051 // Current: £100,551.94 // Avg Daily Interest £4.52
    MFiT-T4 #8 - 56.74% of £41,000
    • Kittenkirst
    • By Kittenkirst 30th Nov 17, 9:33 AM
    • 1,641 Posts
    • 8,562 Thanks
    Kittenkirst
    Oh poor little mite with shingles and the cold/cough!

    You do make MB sound very appealing...I have some info on it which I keep reading over and over again but still haven’t taken the plunge!
    2017 MFW #20 - OP £2508.28/ £2150 117%. New target £2500 100%
    Last 3 months- Oct: £179.60 Nov: £160.33 Dec: £212.41

    Emergency fund £4K/ £6k
    Mortgage Oct '16 £170.995 LTV 90% end: Nov 2041
    2016 OPs £255.50/£150
    • shangaijimmy
    • By shangaijimmy 1st Dec 17, 7:33 AM
    • 2,281 Posts
    • 10,612 Thanks
    shangaijimmy
    Kitten - Put aside £100 for a month (you can take that back after 2-3 weeks), and just take your time and see it as a hobby and long term project. We view it as 'free money' for nights out, weekends away, hair extensions, bikes etc... (thinking about it Mrs SJ has spent more on her than i have on me!!). As for shingles, he's actually ok other than being tired towards the end of the day and know that they've started to scab its become sore when he knocks them. No swimming tomorrow but he'll be back in school on Monday.

    Nice 31p TT this morning and as its the 1st of a new month its accounts day. I had a quick update of my spreadsheet to distract me from peppa pig (i cant stand peppa pig by the way) and i'll post our figures at lunch in work today. Happy to report that even without an OP in December we'll still hit the lovely under 100k target. So i may reluctantly move some OP money to the Christmas pot so that Mrs SJ can buy even more plastic s***e, or we can have more beer, baileys and chocolate reindeers from ALdi.

    Being serious we don't go overboard on Christmas for the kids, as we let grandparents do that. Having said that they'll still do very well with their main presents off us.
    MFW: Turning June 2036 into March 2023... 33//120 Payments Challenge, Diary Reduction £35,448.08
    Aug 2009: £163,051 // Current: £100,551.94 // Avg Daily Interest £4.52
    MFiT-T4 #8 - 56.74% of £41,000
    • hiddenshadow
    • By hiddenshadow 2nd Dec 17, 2:22 PM
    • 2,304 Posts
    • 10,328 Thanks
    hiddenshadow
    Well done on sub-100k!
    MFW: Dec '13 £197,100 / Dec '14 £180,691 / Dec '15 £161,669 / Dec '16 £119,669 / Dec '17 £104,645
    2017 MFW #56: £15,022/£15,000 100% / MFiT-T4 #15: £54,854/£90,000 60%
    • shangaijimmy
    • By shangaijimmy 2nd Dec 17, 8:34 PM
    • 2,281 Posts
    • 10,612 Thanks
    shangaijimmy
    Thank hidden, not quite there yet...
    MFW: Turning June 2036 into March 2023... 33//120 Payments Challenge, Diary Reduction £35,448.08
    Aug 2009: £163,051 // Current: £100,551.94 // Avg Daily Interest £4.52
    MFiT-T4 #8 - 56.74% of £41,000
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