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  • FIRST POST
    • atypicalblonde
    • By atypicalblonde 28th Sep 16, 2:14 PM
    • 2,368Posts
    • 14,603Thanks
    atypicalblonde
    ATB - mortgage freedom by 2020!
    • #1
    • 28th Sep 16, 2:14 PM
    ATB - mortgage freedom by 2020! 28th Sep 16 at 2:14 PM
    Good Afternoon All

    So much has changed since my last diary, I felt now was the right time to start a new one. Linkie to the old one is here http://forums.moneysavingexpert.com/showthread.php?t=5171678 if anyone wants a look-see!

    A little about me for those who haven't 'met' me before. I am married to a fabulous DH, who runs his own business. There are major peaks and troughs to that, some months we are brassic and others we feel quite flush. It is a precarious balance at times, and we have to deal with constant late payers, tax bills etc, but on the whole it is worth it. DH job is very physically demanding though, and he works away all week.

    We have two kiddies - DD is 4 and DS is 2. They are my world

    Our outstanding mortgage as at today's date is bang on £141,900. When I began my old diary at the start of last year it was £171k, so we have done pretty well thusfar However, my income is greatly reduced now as I no longer work - I am officially a home-maker, and that is how it will stay for the foreseeable.

    To clear our mortgage before we are 40 (i.e. 9 years time) is the grand plan. I would ideally like to do it in half that time, but 9 years is do-able and requires monthly OPs of £750.

    I now have a spreadsheet (thank you hiddenshadow) and an obsession with only having 000 at the end of the mortgage (thank you A Frayed Knot!), and most importantly a frugal mind-set. We need to make each penny do the work of 3, whilst remembering to have some fun on the way.

    The first target is to get into the 30s by Christmas... wish me luck, come along for the ride (but make sure you bring tea and biccies!)

    ATB xx
    Last edited by atypicalblonde; 26-05-2017 at 6:50 AM.
    MFW
    Mortgage 8.2.15 - £171,064.64 Mortgage 10.9.17 - £122,780
    Aiming to be MF 1.10.2020
Page 23
    • poddle911
    • By poddle911 18th Mar 17, 9:13 AM
    • 1,397 Posts
    • 6,012 Thanks
    poddle911
    That's so outrageous! Hope she's a good house guest at least and doesn't get in the way of your plans. Good luck with everything, your OPs and positive attitude are such an inspiration!
    LBM Sep 2008 debt: £27,927.04
    start weight: 140.2, week 2: 138
    • hiddenshadow
    • By hiddenshadow 18th Mar 17, 8:23 PM
    • 2,222 Posts
    • 10,044 Thanks
    hiddenshadow
    ^ echo this
    MFW: Dec '13 £197,100 / Dec '14 £180,691 / Dec '15 £161,669 / Dec '16 £119,669 / Sept '17 ££107,383
    Payment 44/84 / 2017 MFW #56: £12,285/£20,000 61% / MFiT-T4 #15: £52,116/£90,000 57%
    • atypicalblonde
    • By atypicalblonde 19th Mar 17, 9:01 AM
    • 2,368 Posts
    • 14,603 Thanks
    atypicalblonde
    Morning all

    Well we are managing, just! We had plans to go out last night anyway so it was pretty helpful to have a babysitter right here!

    I'll be back to regular positing next week I promise - I'm missing all the banter and support on here. Life just seems to be galloping at a thousand paces at present xx
    MFW
    Mortgage 8.2.15 - £171,064.64 Mortgage 10.9.17 - £122,780
    Aiming to be MF 1.10.2020
    • themadvix
    • By themadvix 19th Mar 17, 11:37 AM
    • 1,029 Posts
    • 5,430 Thanks
    themadvix
    That's erm... interesting about your unexpected house guest! Glad it was handy for the babysitter though!
    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
    • atypicalblonde
    • By atypicalblonde 22nd Mar 17, 7:23 AM
    • 2,368 Posts
    • 14,603 Thanks
    atypicalblonde
    Morning All

    Apologies for being a useless diarist of late. I'm back now

    I am pleased to report we are now in the 20s the exact balance as at today's date is £129,998.19. Will update signature in a minute.

    March has been waaaaaay spendier than I anticipated. However, it was all necessary spending and I need to remind myself that this is a marathon, not a sprint!

    Next target is £125,000 by the end of June. We will then have hit our 10% OP allowance for the year, and it will then be the big push to get £25k in savings so, on an offset basis, we are into five figures by 2018. Emminently doable if our efforts in January and February are anything to go by.

    Onto today . Meals have been planned up to the end of the week, and it will be a low spend day (milk, butter and pork pies). More work for DH to be done (annual company accounts) and may see if I can locate some bits to ebay.

    Have marvellous days all xx
    MFW
    Mortgage 8.2.15 - £171,064.64 Mortgage 10.9.17 - £122,780
    Aiming to be MF 1.10.2020
    • hiddenshadow
    • By hiddenshadow 22nd Mar 17, 8:54 AM
    • 2,222 Posts
    • 10,044 Thanks
    hiddenshadow
    Congrats on reaching the 20s!
    MFW: Dec '13 £197,100 / Dec '14 £180,691 / Dec '15 £161,669 / Dec '16 £119,669 / Sept '17 ££107,383
    Payment 44/84 / 2017 MFW #56: £12,285/£20,000 61% / MFiT-T4 #15: £52,116/£90,000 57%
    • CathT
    • By CathT 22nd Mar 17, 12:27 PM
    • 5,287 Posts
    • 36,333 Thanks
    CathT
    Great milestone! Glad you managed to make use of babysitting services too.
    August 2017 -
    part 1 - £79,967
    part 2 - £46,351
    Total - £126,318
    • Moominmamma89
    • By Moominmamma89 22nd Mar 17, 1:05 PM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    Congratulations on hitting the 20s!
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
    • Jessy103
    • By Jessy103 22nd Mar 17, 2:30 PM
    • 438 Posts
    • 1,859 Thanks
    Jessy103
    Well done on hitting the 20s! Make sure you give yourself a little treat as a reward because you deserve it!!! X
    Original Mortgage Amount 2007 - £87,310.50
    Mortgage Amount July 2017 - £62,900.00
    Overpayment Target for 2017 - £5,000 /£3,679.09
    Jan - £873.26 Feb - £185.38 March - £269.07 April - £193.66 May - £467.64 June - £407.79 July - £849.96 August - £255.11 September - £177.22
    • themadvix
    • By themadvix 23rd Mar 17, 7:46 AM
    • 1,029 Posts
    • 5,430 Thanks
    themadvix
    Congrats on the 20s!

    Impressive plans for the rest of the year - I'll wave as you zoom past!
    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
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 23rd Mar 17, 8:17 AM
    • 7,744 Posts
    • 86,419 Thanks
    Tilly MFW in 6 YRS
    Great post to read. It's so motivating when you break through the next £10k.

    Best wishes Tilly xxx
    2004 £387k 29 years - MF March 2033
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15
    • atypicalblonde
    • By atypicalblonde 23rd Mar 17, 12:32 PM
    • 2,368 Posts
    • 14,603 Thanks
    atypicalblonde
    Thank you all for popping in, esp. Tilly my MF heroine! xx

    We did treat ourselves last night, to a meal out at the local curry house. It's BYO, so an inexpensive night, and the food was delicious. We brought leftovers home too

    Tilly tidy done of almost £10 - will OP £100 of housekeeping money tomorrow. The washing is on the line and we are having M&S food for tea courtesy of our house guest, so an easy cooking night tonight. Have marvellous afternoons all xx
    MFW
    Mortgage 8.2.15 - £171,064.64 Mortgage 10.9.17 - £122,780
    Aiming to be MF 1.10.2020
    • atypicalblonde
    • By atypicalblonde 24th Mar 17, 1:53 PM
    • 2,368 Posts
    • 14,603 Thanks
    atypicalblonde
    Hi all

    OP of £200 made, being leftover housekeeping money from March. DH is away next week so food spends will be significantly lower than normal

    I posted a few pages ago about a small business venture I had in mind. Well it has already proved fruitful and I have made a bit of money from it so far, with more customers booked in for the coming weeks. Not masses of money, but enough to top up the "treats" fund.

    It is so sunny here, I have washing on the line and more to peg out. Have great weekends all x
    MFW
    Mortgage 8.2.15 - £171,064.64 Mortgage 10.9.17 - £122,780
    Aiming to be MF 1.10.2020
    • atypicalblonde
    • By atypicalblonde 25th Mar 17, 10:38 AM
    • 2,368 Posts
    • 14,603 Thanks
    atypicalblonde
    £50 OP made and a NSD ahead. Happy Saturday folks x
    MFW
    Mortgage 8.2.15 - £171,064.64 Mortgage 10.9.17 - £122,780
    Aiming to be MF 1.10.2020
    • atypicalblonde
    • By atypicalblonde 26th Mar 17, 8:19 AM
    • 2,368 Posts
    • 14,603 Thanks
    atypicalblonde
    Happy Mother's Day

    I am typing this in bed with a cuppa by my side, bliss. NSD ahead - we will take a trip to the park, then DH is leaving for work at noon. He's back on Friday, I'll really miss him, but our house guest leaves on Wednesday and I must say I'm looking forward to relaxing in complete peace on Wednesday evening once the children are in bed!

    Reading around the forums this weekend, so many people are achieving the goal of being MF, it is extraordinarily motivating and inspires us to keep at it, we WILL get there.

    Have fantastic Sundays all xx
    MFW
    Mortgage 8.2.15 - £171,064.64 Mortgage 10.9.17 - £122,780
    Aiming to be MF 1.10.2020
    • FloppyDisk
    • By FloppyDisk 27th Mar 17, 5:48 PM
    • 464 Posts
    • 3,521 Thanks
    FloppyDisk
    Well done on your milestone ATB, you've encouraged me to celebrate them a bit more, it is good to have a little boost on the long journey!
    MFW July 2012 £139,642 /
    Sept 2017 £112,174
    • atypicalblonde
    • By atypicalblonde 30th Mar 17, 2:24 PM
    • 2,368 Posts
    • 14,603 Thanks
    atypicalblonde
    Just popping in to say I'm still here life has been heeeecctic this week, I literally have no idea where the time has flown to!

    Our house guest has gone home so peace reigns. £200 OP made today, and lots of work/housework/decluttering - not bad going to say my hyperactive 3 year old has been at home with me all day!

    Tonight is a cheeky takeaway, budgeted for and eagerly anticipated. We hardly ever have them nowadays, but thoroughly enjoy them when we do xx
    MFW
    Mortgage 8.2.15 - £171,064.64 Mortgage 10.9.17 - £122,780
    Aiming to be MF 1.10.2020
    • Moneyfordreams
    • By Moneyfordreams 30th Mar 17, 3:51 PM
    • 874 Posts
    • 4,253 Thanks
    Moneyfordreams
    I looooove a peaceful house
    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 £159800
    h@lifax CC £4500 0% until May 2018.. will pay minimum for now, slow stooze
    xmas, chairs, hoover, computer and holiday [STRIKE}clothes[STRIKE] DD1 cc
    • atypicalblonde
    • By atypicalblonde 4th Apr 17, 6:40 AM
    • 2,368 Posts
    • 14,603 Thanks
    atypicalblonde
    Morning all

    I'm still here, still OPing, just nowhere near as much time to post as normal. We are still on track to be at £125k by the end of June which will mean we have used our 10% OP allowance for the year.

    Keep on chipping away and being frugal xx
    MFW
    Mortgage 8.2.15 - £171,064.64 Mortgage 10.9.17 - £122,780
    Aiming to be MF 1.10.2020
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 4th Apr 17, 7:13 AM
    • 7,744 Posts
    • 86,419 Thanks
    Tilly MFW in 6 YRS
    It's a long and slow journey but it pays off

    Tilly Tidy some pennies to help the slow weeks

    Take care. Tilly xxx
    2004 £387k 29 years - MF March 2033
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15
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