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  • FIRST POST
    • shangaijimmy
    • By shangaijimmy 13th Mar 15, 12:18 PM
    • 2,346Posts
    • 11,233Thanks
    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,
    Thanks for popping and helping me to stay motivated. This would be the 3rd version of the opening post, but is reflective of where we are currently at. Lots has changed over the last 3 yrs, not least adding a 3rd child to our household!

    This post details my current goals, and as it seems a shame to ignore previous achievements I've summarised them below. This is a 120 payment challenge which would knock 11yrs off our initial draw down of 30yrs. I'm hoping for 100 payments so we'll see how we progress!

    Achievements - 34 payments
    • Balance - £99,371.84
    • Diary Reduction Total - £36,628.18
    • Cumulative Overpayments - £20,308.75
    • Monthly Average Overpayments - £597.32
    • Monthly Average Net Reduction - £1,077.30

    Long Term Targets
    • 5yr/60th payment - £86,000
    • 7yr/84th payment - £38,000
    • 9yr/108th payment - £7,000

    Targets for 2018
    • Jan 2019 - £98,200
    • Feb 2018 - £97,000 (End of Yr 3 Balance £39k diary reduction)
    • Mar 2018 - £95,800
    • Apr 2018 - £94,600
    • May 2018 - £93,400
    • June 2018 - £92,200
    • July 2018 - £91,000
    • Aug 2018 - £89,800
    • Sept 2018 - £88,600
    • Oct 2018 - £87,400
    • Nov 2018 - £86,200
    • Dec 2018 - £85,000
    Last edited by shangaijimmy; 05-01-2018 at 11:47 AM. Reason: Updated Goals
    MFW: Turning June 2036 into March 2023... 34//120 Payments Challenge, Diary Reduction £36,628.18
    Aug 2009: £163,051 // Current: £99,371.84 // Avg Daily Interest £4.46
    MFiT-T4 #8 - 56.74% of £41,000
Page 96
    • shangaijimmy
    • By shangaijimmy 21st Jun 17, 10:40 PM
    • 2,346 Posts
    • 11,233 Thanks
    shangaijimmy
    Long day today, long week actually with hay fever so bad. 5p TT today and we have £41 left before Friday payday so I'd say we've made all our money work hard this month! Had another bid on an eBay item, so that's 3 definitely sold (96 to go!).

    I have 46 miles of petrol left so I've managed my fuel quite well I think before returning the car on Friday morning! It really will have fumes left and I'm just hoping there's enough to get it up the big hill on the way! Quite excited now about new car, which definitely isn't like me as I've always viewed them as rust bucket money pits!
    MFW: Turning June 2036 into March 2023... 34//120 Payments Challenge, Diary Reduction £36,628.18
    Aug 2009: £163,051 // Current: £99,371.84 // Avg Daily Interest £4.46
    MFiT-T4 #8 - 56.74% of £41,000
    • A Frayed Knot
    • By A Frayed Knot 21st Jun 17, 10:51 PM
    • 2,199 Posts
    • 9,901 Thanks
    A Frayed Knot
    Exactly what I've been thinking - a very long week.

    Didn't think it could be because of the hayfever

    Hope car can manage to run on fresh air
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    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 22nd Jun 17, 7:52 AM
    • 2,346 Posts
    • 11,233 Thanks
    shangaijimmy
    Another terrible nights sleep due to persistent sneezing and nose blowing...! Day off work today which ordinarily would be great but i've got 2 sports days to go to! So school run, then nip and drop baby SJ at nanny's, then back to school. Then pick baby up and have dinner, then drop baby SJ off at grandma's then back to school, then off to pick baby SJ up, then back to school for school pick up! Maybe my 41 miles of petrol won't last! I'll have to be like a teenage drier again and put £2 worth of petrol in!!
    MFW: Turning June 2036 into March 2023... 34//120 Payments Challenge, Diary Reduction £36,628.18
    Aug 2009: £163,051 // Current: £99,371.84 // Avg Daily Interest £4.46
    MFiT-T4 #8 - 56.74% of £41,000
    • shangaijimmy
    • By shangaijimmy 22nd Jun 17, 11:16 AM
    • 2,346 Posts
    • 11,233 Thanks
    shangaijimmy
    Quick update - sportsdays cancelled due to rain!!
    MFW: Turning June 2036 into March 2023... 34//120 Payments Challenge, Diary Reduction £36,628.18
    Aug 2009: £163,051 // Current: £99,371.84 // Avg Daily Interest £4.46
    MFiT-T4 #8 - 56.74% of £41,000
    • EatingTheElephant
    • By EatingTheElephant 22nd Jun 17, 6:51 PM
    • 1,191 Posts
    • 6,495 Thanks
    EatingTheElephant
    Every cloud has a silver lining! Hope you had a more relaxing day than planned, all that running around sounded exhausting.
    • A Frayed Knot
    • By A Frayed Knot 22nd Jun 17, 7:44 PM
    • 2,199 Posts
    • 9,901 Thanks
    A Frayed Knot
    Maybe my 41 miles of petrol won't last!

    I'll have to be like a teenage drier again and put £2 worth of petrol in!!
    Originally posted by shangaijimmy
    Reminds me of, a colleague's son in work. Got a car as a birthday present with a full tank, ran about all over the place during that week, then at the end of the week, told his dad there was a leak in the petrol tank.

    So, "dad" had a look, could not find anything.

    Dad - "What makes you think there's a leak" ?
    Son - "Well the petrol gauge keeps going down and now it's empty.
    Dad - "How much petrol have you put in it?
    Son - None
    Dad -

    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    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 22nd Jun 17, 9:12 PM
    • 2,346 Posts
    • 11,233 Thanks
    shangaijimmy
    Don't tell her, but i could see Mrs SJ saying something similar!
    "Newcastle is closer to Scotland than England..."
    "But its in England"
    "Well yeah, but its closer to Scotland"

    Not sure where you can go with the rest of that conversation!
    MFW: Turning June 2036 into March 2023... 34//120 Payments Challenge, Diary Reduction £36,628.18
    Aug 2009: £163,051 // Current: £99,371.84 // Avg Daily Interest £4.46
    MFiT-T4 #8 - 56.74% of £41,000
    • A Frayed Knot
    • By A Frayed Knot 22nd Jun 17, 10:36 PM
    • 2,199 Posts
    • 9,901 Thanks
    A Frayed Knot
    Not saying who asked this

    What was the score (football)
    It was a draw
    Oh, who won, then


    time for bed, another exhausting day.
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    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 23rd Jun 17, 11:04 AM
    • 2,346 Posts
    • 11,233 Thanks
    shangaijimmy
    Well hayfever seems to have reduced (for now) and i feel a load better! Having a lazy morning in work and am quite looking forward to picking new car up at 1pm!!

    Payday at last so account looks healthy. Until Monday which is paying out day!
    MFW: Turning June 2036 into March 2023... 34//120 Payments Challenge, Diary Reduction £36,628.18
    Aug 2009: £163,051 // Current: £99,371.84 // Avg Daily Interest £4.46
    MFiT-T4 #8 - 56.74% of £41,000
    • katep23
    • By katep23 23rd Jun 17, 4:45 PM
    • 1,210 Posts
    • 9,029 Thanks
    katep23
    Payday at last so account looks healthy. Until Monday which is paying out day!
    Originally posted by shangaijimmy
    Ha ha, you do better than me. Also pay day here today but already shuffled money and everything is accounted for except my pocket money so bank account already looking rather bare!

    • shangaijimmy
    • By shangaijimmy 23rd Jun 17, 10:54 PM
    • 2,346 Posts
    • 11,233 Thanks
    shangaijimmy
    Go me with my new car....

    Oh and with my 79p TT!
    MFW: Turning June 2036 into March 2023... 34//120 Payments Challenge, Diary Reduction £36,628.18
    Aug 2009: £163,051 // Current: £99,371.84 // Avg Daily Interest £4.46
    MFiT-T4 #8 - 56.74% of £41,000
    • EatingTheElephant
    • By EatingTheElephant 24th Jun 17, 7:40 AM
    • 1,191 Posts
    • 6,495 Thanks
    EatingTheElephant
    Enjoy the new car
    • Busy Mee1
    • By Busy Mee1 24th Jun 17, 7:46 AM
    • 462 Posts
    • 1,925 Thanks
    Busy Mee1
    Great news on the car Jimmy....oh and the 79p ��
    • A Frayed Knot
    • By A Frayed Knot 24th Jun 17, 8:25 AM
    • 2,199 Posts
    • 9,901 Thanks
    A Frayed Knot


    new car, enjoy.
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    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 24th Jun 17, 10:12 AM
    • 2,346 Posts
    • 11,233 Thanks
    shangaijimmy
    Never mind the new car its SJ's birthday today...! Had a nice morning opening presents off the kids and wife and i was even afforded the joy of having the big TV to myself!

    Got to go to work for a few hours at 11, and then take DS2 to his swimming lesson before home for cake and candles. Then tonight Mrs SJ and myself will be going out for copious amounts of beer, some very unhealthy food, then home for 11 to let grandma go home and no doubt more beer whilst listening to music! Not managed a night out together for a while, and in fact the last time we did it baby SJ had a few vomiting episodes and we had to come home. Next morning she was full of chicken pox!

    I TT'd 90p earlier and then transferred £100 from MB account to pay for tonight's outing, which i think is a perfect use of this money (only going local for ease of return home so not having to pay city centre prices).

    In ebay news 5 of the 99 listed items have got bids on them. Only small amounts but its more cash towards DS2's birthday and more stuff out of the house.
    MFW: Turning June 2036 into March 2023... 34//120 Payments Challenge, Diary Reduction £36,628.18
    Aug 2009: £163,051 // Current: £99,371.84 // Avg Daily Interest £4.46
    MFiT-T4 #8 - 56.74% of £41,000
    • A Frayed Knot
    • By A Frayed Knot 24th Jun 17, 10:28 AM
    • 2,199 Posts
    • 9,901 Thanks
    A Frayed Knot
    H a p p y B i r t h d a y
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69,2016/£3186.80
    2017 £4068.97
    • SuperSecretSquirrel
    • By SuperSecretSquirrel 24th Jun 17, 10:38 AM
    • 622 Posts
    • 2,758 Thanks
    SuperSecretSquirrel
    Happy birthday SJ, hope you have an excellent night out!

    Mtg [2013 £64k|2014 £51k|2015 £38k|2016 £26k|2017 14k] Zero! :)
    MN [2013-£25k|2014-£2k|2015+£16k|2016+£34k|2017+£52k] +£51,530.12 (MFiT4:+60k)
    NW [2013 £126k|2014 £156k|2015 £190k|2016 £228k|2017 £269k] £269,388.83 (2020:300k)
    FI [2013 -1.2%|2014 2.8%|2015 6.9%|2016 13%|2017 18%] 18.0%
    • Fortune Smiles
    • By Fortune Smiles 24th Jun 17, 12:18 PM
    • 2,643 Posts
    • 21,868 Thanks
    Fortune Smiles
    Happy Birthday - enjoy your night out

    Fortune x
    Mortgage: 2.4% paid House Deposit Contribution: 92% Emergency Fund: 58%

    All we have to decide is what to do with the time that is given to us - J R R Tolkein
    • EatingTheElephant
    • By EatingTheElephant 24th Jun 17, 1:45 PM
    • 1,191 Posts
    • 6,495 Thanks
    EatingTheElephant
    Have a fabulous birthday

    Eat lots of cake and enjoy your night out
    • debtfreeoneday
    • By debtfreeoneday 24th Jun 17, 9:23 PM
    • 2,813 Posts
    • 9,691 Thanks
    debtfreeoneday
    Just to say welcome back, nice to see you and hear all is going so well! I'm not around much now, but will pop in now and again!
    DFW (08/08) £64,346.53 Credit card debt: £4299.59 over three credit cards.
    MFW (01/15) £118,031.21 £94,075.17 ~ 2017 OPs £12.79
    Earnings 2018 Pcone £6.00 ~ Ips0s £10.00 ~1poll £35.20 ~ Pr0filic £28.23 ~ TCB £13.84 ~ YouGov £30.25
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