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  • FIRST POST
    • DeterminedSingleMummy
    • By DeterminedSingleMummy 11th Mar 17, 11:56 PM
    • 192Posts
    • 854Thanks
    DeterminedSingleMummy
    Overpayment Addict
    • #1
    • 11th Mar 17, 11:56 PM
    Overpayment Addict 11th Mar 17 at 11:56 PM
    Hi everyone, I've been reading lots of your stories and decided I should document mine too for lots of reasons...

    1. The motivation and support all you lovely people have given each other is amazing (I would like some of that please )
    2. Keep myself focused and see if I can push my overpayments higher
    3. Share my frugal experiences with you all
    4. Track progress of all over payments.
    5. I'm sure there's more but too tired to think atm...

    I've had my mortgage since 2009, moved to a bigger property in Dec 2011 with a mortgage of £87,500. I paid my mortgage every month but I also enjoyed myself every month (partying, cinema, food etc) and overpaying my mortgaging never crossed my mind... Having my DD in 2013 is what changed everything for me. The focus was no longer on me enjoying my life but her enjoying hers. I am a single mum and unfortunately I could not carry on with the job that I was doing before I had DD. I never want to be in a position where I've got to tell her no we can't do/have something because we have no money and that's where my overpaying addiction started...

    I never had any budgets, I would use my credit card and pay it off in full every month on payday. And because of this I struggled throughout my whole maternity, at first I thought it was all the baby stuff I was buying but it was clear after a few months that not having a budget was not going to work....

    From then on I have been focused on overpaying my mortgage and my balance today is £54631.
    I will have to dig out my mortgage statements to give u a summary of overpayments I've been making but at first it was £260 a month, then it went to £360 a month and now I over pay £500 a month... sometimes I don't even know how I do it as I only work part time and I do spoil DD a lot but I've been sticking to my spreadsheets and have been addicted to overpaying my mortgage and seeing that balance drop.

    My mortgage rate is 1.99% and it's fixed until Jan 2019 and I can start looking for a new fix four months before which is Sept 2018. There is 11 years and 5 months (I think, waiting for my letter from my latest overpayment) DD is 4 currently so I am aiming to pay off my mortgage by the time she is 10 which gives me 6 years. According to the overpayment calculator if I am on track with my overpayments of £500 a month I should have cleared it in 5 years. However I do sometimes miss a month not often tho... the mortgage taken out in 2011 was a 20 year mortgage so that would have ended Dec 2031. My current end date is August 2028 (I think...) Aiming to be mortgage free in 2023

    Well that's all for now... if I've missed out any info please ask and I will update you
Page 3
    • lavinia21
    • By lavinia21 7th Apr 17, 10:39 PM
    • 275 Posts
    • 1,971 Thanks
    lavinia21
    Wow determined single mummy your living up to your name keep up the hard work
    Positivity is the key there is a reason why life happens. Find your rainbow and ride it.
    • DeterminedSingleMummy
    • By DeterminedSingleMummy 8th Apr 17, 8:08 AM
    • 192 Posts
    • 854 Thanks
    DeterminedSingleMummy
    Quick update!

    Just checked my mortgage account online and the term remaining is 10 years and 8 months which is DEC 2027. Original end date when i took out the mortgage was 2031.
    Last edited by DeterminedSingleMummy; 16-04-2017 at 7:17 PM.
    Balance at start of mortgage Dec 2011 £87500
    1 Jan 2015 = £73,735 Overpayments = £3,360 (average £280 p/m)
    1 Jan 2016 = £66,558 Overpayments = £4,770 (average £397.50 p/m)
    1 Jan 2017 = £57,756 Overpayments so far Jan £0 Feb £550 Mar £3022 April £690 May £1513 total £5775
    • debtfreeoneday
    • By debtfreeoneday 10th Apr 17, 7:13 AM
    • 2,764 Posts
    • 9,430 Thanks
    debtfreeoneday
    Well done on your progress so far. Will subscribe - your OP's are great, well done!
    DFW (08/08) £64,346.53
    CC1 - GONE! ~~~ CC2 - GONE! ~~~ CC3 - £1263.18 ~~~ CC4 - £1050.00
    MFW (01/15) £118,031.21 £96,612.41
    • ch4rly2002
    • By ch4rly2002 10th Apr 17, 9:24 AM
    • 222 Posts
    • 962 Thanks
    ch4rly2002
    Wow, DSM, that's great news. Well done on the sales, but even more so on having the idea of writing to the company and getting a 30% off discount code.
    Savings: Aim £13.5k. Dec 2016 £1,700 / Current £10,475
    Mortgage: Dec 2014 -£216,000 / Current -£196,200
    BTL Mortgage: Dec 2014 -£136,000/ Current -£125,130
    CC 0%: Nov 2016 -£4,500 / Current -£3,577.63
    Loan to In-Laws: Sep 2010 -£48,185.82 / Current -£35,655.49
    Student Loan: March 2011 -£18,275.04 / 29th April 2017 -£14,003.85
    • DeterminedSingleMummy
    • By DeterminedSingleMummy 10th Apr 17, 7:52 PM
    • 192 Posts
    • 854 Thanks
    DeterminedSingleMummy
    Yep and my order has been shipped today!! Yay! And to think I wasted so many weeks trying to find a voucher code or a way around buying it discounted! I will Def recommend asking for a discount for expensive products. I didn't even have to try all I said was basically I love their products and I'm thinking of buying another one is there any way they could offer me a discount... then an email came back 24 hours later 30% off!

    Enjoyed the sunshine today and took DD to the beach with my parents so they treated her with ice cream and MacDs and I managed to womble lots of free food monopoly wins that were just left on the table well 5 to be exact!

    15 eBae items listed atm... I need to get more listed when I have a proper clear out of everything! This is the bit that I always put off deciding whether I need it or not. (I'm a hoarder) anyone got any good tips on how to get motivated in getting rid of my junk?
    Balance at start of mortgage Dec 2011 £87500
    1 Jan 2015 = £73,735 Overpayments = £3,360 (average £280 p/m)
    1 Jan 2016 = £66,558 Overpayments = £4,770 (average £397.50 p/m)
    1 Jan 2017 = £57,756 Overpayments so far Jan £0 Feb £550 Mar £3022 April £690 May £1513 total £5775
    • debtfreeoneday
    • By debtfreeoneday 12th Apr 17, 8:01 AM
    • 2,764 Posts
    • 9,430 Thanks
    debtfreeoneday
    Well done on the discount code, that's great!
    DFW (08/08) £64,346.53
    CC1 - GONE! ~~~ CC2 - GONE! ~~~ CC3 - £1263.18 ~~~ CC4 - £1050.00
    MFW (01/15) £118,031.21 £96,612.41
    • NewMeNewLife
    • By NewMeNewLife 12th Apr 17, 8:22 AM
    • 185 Posts
    • 373 Thanks
    NewMeNewLife
    Hi

    Just read your diary and it's so inspirational! I love the idea of stoozing, but I've been so bad with credit cards in the past that I wouldn't trust myself to do it

    I've subscribed to your thread! Good luck!
    Debt Free Date= Dec 2017.
    Mortgage Free Date = Jan 2039.
    • DeterminedSingleMummy
    • By DeterminedSingleMummy 13th Apr 17, 8:38 AM
    • 192 Posts
    • 854 Thanks
    DeterminedSingleMummy
    So I rang up my new energy company and they have cancelled the incorrect address and set me up with a new one so u don't think my cash back will go thru... oh well... it'll still save me approx £130 a year anyway... but my cashback for my new credit balance transfer credit card has been confirmed! So that's an extra £30 towards the overpayment when I withdraw it.

    Starting doing some surveys and mystery shopping again (well I intend to do some lol) so far I've earnt 50p.

    I'm finding it hard to focus on ebae when the weather is so nice outside. Only 1 bid aswell for my 15 active items... hopefully there'll be a lot of last minute bids so u can shift at least 5 of the items...
    Balance at start of mortgage Dec 2011 £87500
    1 Jan 2015 = £73,735 Overpayments = £3,360 (average £280 p/m)
    1 Jan 2016 = £66,558 Overpayments = £4,770 (average £397.50 p/m)
    1 Jan 2017 = £57,756 Overpayments so far Jan £0 Feb £550 Mar £3022 April £690 May £1513 total £5775
    • DeterminedSingleMummy
    • By DeterminedSingleMummy 14th Apr 17, 11:41 AM
    • 192 Posts
    • 854 Thanks
    DeterminedSingleMummy
    Ebae update: just worked out how much money I made after fees taken off and so far in April I've made £52.71 and 9 less items cluttering the house. Another 2 sold last night but havnt added that on yet as I won't be able to post until Tuesdays.

    MS/Surveys update: £5.50 earnt and withdrawn too. I think in future I will withdraw the earnings maybe twice a month so it's easier to track. I will hopefully be doing a lot more of these in the next few weeks whenever I can fit it around my daily life.

    Cashback update: recently figured out my CC has a "my offers section" however u have to go into the offers and select them to earn the % shown. Earnt £20.94 by simply selecting "activate offer" And shopping as I normally would... this won't be paid until 31/5.

    My nieces birthday today so going out with parents and sister so will hopefully be a no spend day for myself

    Hope everyone enjoys the long weekend (or earning more than single time if working the BH days...)
    Balance at start of mortgage Dec 2011 £87500
    1 Jan 2015 = £73,735 Overpayments = £3,360 (average £280 p/m)
    1 Jan 2016 = £66,558 Overpayments = £4,770 (average £397.50 p/m)
    1 Jan 2017 = £57,756 Overpayments so far Jan £0 Feb £550 Mar £3022 April £690 May £1513 total £5775
    • debtfreeoneday
    • By debtfreeoneday 15th Apr 17, 6:45 AM
    • 2,764 Posts
    • 9,430 Thanks
    debtfreeoneday
    Just keep relisting the items on fleabay - Some of mine have taken months but I just keep relisting so can kind of forget about them.

    Wondering if my CC has an offer section now! My current card used to! great fleabay sales!
    DFW (08/08) £64,346.53
    CC1 - GONE! ~~~ CC2 - GONE! ~~~ CC3 - £1263.18 ~~~ CC4 - £1050.00
    MFW (01/15) £118,031.21 £96,612.41
    • DeterminedSingleMummy
    • By DeterminedSingleMummy 15th Apr 17, 8:55 PM
    • 192 Posts
    • 854 Thanks
    DeterminedSingleMummy
    So ebae has a max £1 fee this weekend and I have just listed another 10 items so 24 active items right now!! 5 of them end tomorrow so fingers crossed! Hopefully I'll have some time tomorrow to list some more things to take advantage of the £1 max fee.

    Pretty good day for freebies today! Went to a toy shop and did an Easter hunt with DD and got a free Easter egg (medium size)

    Then we went to a supermarket to pick up some bits before my coupons ran out. My £20 shop came to £8 after all coupons were scanned and while we were there DD did some Easter crafts and painted an egg. Got rewarded with a little bag of Haribo and a bunny balloon.

    Did two mystery shops before going into town, wont be able to withdraw the money for atleast 10 days i think. But that's an extra £10 towards the overpayment when I withdraw it.

    Free bunny face paint and bunny ears headband and Easter activity in the shopping centre and took part in their Easter hunt which we for 4 little mini chocolate eggs. Gave our details to sign up for activities and events and got a free creme egg.
    Another egg hunt in a department store which we got 5 mini chocolate eggs.

    DD managed to somehow get a free chocolate egg whilst I was browsing some make up in the shop.

    While in town i took DD to the lego store to buy a mini figure which i promised she would get if she was good and walked without moaning ( I park our car far away so I don't have to pay a fortune for parking) so mini figure cost £2.99 and the lego shop man picked out the figure she wanted so she wouldn't be disappointed (opened so many blind bags that are duplicates) he also gave us a free mini chick that they had left over from last months mini build so for 2.99 we got a mini lego mini figure and a buildable chick

    I got a free Greggs coffee while DD played in the shopping centres free soft play.

    Also a lot of the places we went had free colouring for DD to do. She had a really good day today and I hardly spent any money so win win situation! And we put all the half finished colouring in my bag to bring home too and she finished them off after dinner before going to bed

    No idea how I'm going to entertain her in the future when she's older... wish she could stay 4 forever lol
    Balance at start of mortgage Dec 2011 £87500
    1 Jan 2015 = £73,735 Overpayments = £3,360 (average £280 p/m)
    1 Jan 2016 = £66,558 Overpayments = £4,770 (average £397.50 p/m)
    1 Jan 2017 = £57,756 Overpayments so far Jan £0 Feb £550 Mar £3022 April £690 May £1513 total £5775
    • SuperSecretSquirrel
    • By SuperSecretSquirrel 16th Apr 17, 10:14 AM
    • 570 Posts
    • 2,529 Thanks
    SuperSecretSquirrel
    Sounds like you both had a fantastic day, and spent very little along the way - bonus! I'm a little worried about our little ones growing up and needing entertaining too... It's just so easy right now, and a total joy to see them have fun in such simple and innocent ways
    Mortgage [2013 £64k|2014 £51k|2015 £38k|2016 £26k] £17,182.66
    MN [2013-£25k|2014-£2k|2015+£16k|2016+£34k] +£45,783.87 (MFiT4:+60k)
    NW [2013 £126k|2014 £156k|2015 £190k|2016 £228k] £258,813.46 (2020:300k)
    FI [2013 -1.2%|2014 2.8%|2015 6.9%|2016 13%] 16.5%
    • DeterminedSingleMummy
    • By DeterminedSingleMummy 17th Apr 17, 9:57 AM
    • 192 Posts
    • 854 Thanks
    DeterminedSingleMummy
    DD has a birthday party today so that's today's entertainment sorted. Hopefully it'll stay sunny so we can go to the park later.

    Also last night 2 items sold on Ebae making approx just under £20 after fees (I think) one has already been paid for so packaged up ready to post.

    Also went through a lot of DDs clothes too and made a list of all sizes of essential items(tights, socks, vests, knickers etc) I have purchased in the sales and what sizes they are so that when I'm out and about and see a bargain I can check my list on my phone to see of I actually need it. I have saved a lot from doing this with her shoes. As I always buy her Clarke's shoes which can cost £30/40 a pair. As a general rule with Clarke's I purchase them when I see then for £10 Or under usually in the outlets which are brilliant.

    Have just received a letter so I know which primary school she will be going to in September so I can start bargain buying uniform too sometimes her wardrobe feels more of a store than an actual wardrobe lol but it's better to be prepared with a bargain than having to pay full price when she needs it.

    Cashback came through on my 123 life account. I've always had this account however never counted the cashback money, it just sits in my account so from now on I will be counting this in towards an extra mortgage overpayment. No idea why I havnt done this before... since I've opened the account I have earnt approx £500... where that £500 has gone I have no idea... lol

    So from now on I will be tracking every month

    1. Ebae earnings per month
    2. Surveys/mystery shopping
    3. Cashback from 123 account
    4. Other cashback
    5. Savings from weekly budget
    6. Overtime in work
    7. Other

    Which should then give me a total of overpayments I can make towards my mortgage (apart from eBay which will go towards DD swimming first)

    I feel a lot more organised since writing that list will add some figures to it tonight if I have time

    Hope everyone has a lovely day today
    Balance at start of mortgage Dec 2011 £87500
    1 Jan 2015 = £73,735 Overpayments = £3,360 (average £280 p/m)
    1 Jan 2016 = £66,558 Overpayments = £4,770 (average £397.50 p/m)
    1 Jan 2017 = £57,756 Overpayments so far Jan £0 Feb £550 Mar £3022 April £690 May £1513 total £5775
    • PrincessLou
    • By PrincessLou 17th Apr 17, 10:12 AM
    • 500 Posts
    • 1,913 Thanks
    PrincessLou
    We also found out which school our twins got into yesterday and so I was excited to start looking at uniform. I'm really surprised how cheap school uniform is from supermarkets. Prices like £2 for a pack of two polo shirts, basically £1 a shirt seem crazily cheap to me. I was expecting to be spending so much more on uniform.
    Mortgage - £105,500
    • DeterminedSingleMummy
    • By DeterminedSingleMummy 17th Apr 17, 8:13 PM
    • 192 Posts
    • 854 Thanks
    DeterminedSingleMummy
    Hey PL. I buy my uniform from supermarkets too... it's great isn't it. Also another good place is littlewood clearance or very clearance. They both have ebae accounts and everytime I've purchased from there they have spend £30 and get £10 off. And the items are usually heavily discounted anyway!!

    So far in April

    1. Ebae earnings per month - £52.71 (also another 2 items sold not posted yet so not adding to the total but this is approx £20)
    2. Surveys/mystery shopping - £5.50 (another £10 earnt but cannot withdraw for another 10 days)
    3. Cashback from 123 account - £7.87
    4. Other cashback - £0 (£20.50 earnt but cannot withdraw until end of May)
    5. Savings from weekly budget - £30 ( I think.. need a better way of tracking this)
    6. Overtime in work £0 (next payday is 10 May)
    7. Other

    So total so far in April is

    £52.71 out of £180 for swimming
    £43.37 overpayment that's been withdrawn

    Wowsers... can't wait until the end of the month when i can update with a figure for the whole month!!!

    This is all on top of my monthly budgeted £500 overpayment aswell. Overpaying my mortgage has become even more addictive... lol

    Hope every one has enjoyed the bank holiday... back to work tomorrow... xxx
    Balance at start of mortgage Dec 2011 £87500
    1 Jan 2015 = £73,735 Overpayments = £3,360 (average £280 p/m)
    1 Jan 2016 = £66,558 Overpayments = £4,770 (average £397.50 p/m)
    1 Jan 2017 = £57,756 Overpayments so far Jan £0 Feb £550 Mar £3022 April £690 May £1513 total £5775
    • ch4rly2002
    • By ch4rly2002 18th Apr 17, 9:50 AM
    • 222 Posts
    • 962 Thanks
    ch4rly2002
    Well done on the 'day of a million freebies'! It sounds like you guys had a brilliant time

    I always feel more organised with a list so I'm sure the one on your phone and the OP list on here will help you keep track. Don't waste time thinking about what could have been done sooner. Most of us on here feel like that (except the super organised who plan OPs from day one!) but the main thing is that you have started and are doing something now.

    Have a good first day back at work!
    Savings: Aim £13.5k. Dec 2016 £1,700 / Current £10,475
    Mortgage: Dec 2014 -£216,000 / Current -£196,200
    BTL Mortgage: Dec 2014 -£136,000/ Current -£125,130
    CC 0%: Nov 2016 -£4,500 / Current -£3,577.63
    Loan to In-Laws: Sep 2010 -£48,185.82 / Current -£35,655.49
    Student Loan: March 2011 -£18,275.04 / 29th April 2017 -£14,003.85
    • DeterminedSingleMummy
    • By DeterminedSingleMummy 18th Apr 17, 9:08 PM
    • 192 Posts
    • 854 Thanks
    DeterminedSingleMummy
    Quick update/mini celebration

    Posted two ebae parcels today and they only cost £2.32 instead of £3.90 saving £1.58 per parcel

    Not massive amount but a total of £3.16 extra yay!!

    I've also listed a few more things an now have a total of 28 active items. 4 were new items I've listed and 6 were items that didn't sell previously that I relisted. I am going to keep relisting them until they sell!

    3 of the items have bids on but generally everyone likes to bid last minute so fingers crossed!!!
    Balance at start of mortgage Dec 2011 £87500
    1 Jan 2015 = £73,735 Overpayments = £3,360 (average £280 p/m)
    1 Jan 2016 = £66,558 Overpayments = £4,770 (average £397.50 p/m)
    1 Jan 2017 = £57,756 Overpayments so far Jan £0 Feb £550 Mar £3022 April £690 May £1513 total £5775
    • Runders
    • By Runders 19th Apr 17, 5:13 PM
    • 157 Posts
    • 450 Thanks
    Runders
    Wow DSM! Your diary is fab, I wish I could be as 'on it' as your are. I will subscribe to see how you get on and you have definitely given me kick to do better
    MFW: Start: September 2014 - £110844
    Target: £95K Sep17
    Sep15: £105329.87 Sep16: £99192.71 Nov16: £100701.39
    Offset Target: £15K Sep17
    Offset £9126.70 £10332.17
    • DeterminedSingleMummy
    • By DeterminedSingleMummy 19th Apr 17, 9:56 PM
    • 192 Posts
    • 854 Thanks
    DeterminedSingleMummy
    Thanks Runders! Reading other people's diaries has motivated me loads!!

    6 Ebae items ended tonight. 4 sold! Yay! Approx £15 profit. Three have already paid so just waiting for one more payment. Relisted the other two items. I've had no issues since posting second class signed for! I think people don't actually mind paying the higher postage as it's just a cost that has to be paid.

    Roasted a chicken tonight (reduced at MnS) and have prepared several meals for the rest of the week love my bargain finds at MnS.

    I've decided to track my extra overpayments from my weekly spending budget in a spending app. And at the end if the month should have a nice total in one place (atm I don't feel organised with It So hopefully it'll help) so far this month £30 from my weekly budgets have been saved to overpay on top of my monthly OP budget.

    Been taking DD to Ikea for free activities and fun. She enjoys the 45 min free play area and i get 45 mins peace and quiet and a free cup of coffee so win win situation. They've also had free face painting too which is great until it's bathtime lol

    I think if i really focus on eBay I could easily double what I'm selling which would mean more money to overpay... just need to get that motivation to list more things again...
    Balance at start of mortgage Dec 2011 £87500
    1 Jan 2015 = £73,735 Overpayments = £3,360 (average £280 p/m)
    1 Jan 2016 = £66,558 Overpayments = £4,770 (average £397.50 p/m)
    1 Jan 2017 = £57,756 Overpayments so far Jan £0 Feb £550 Mar £3022 April £690 May £1513 total £5775
    • pollyanna24
    • By pollyanna24 20th Apr 17, 1:01 PM
    • 3,668 Posts
    • 4,347 Thanks
    pollyanna24
    Loving the diary! Like I said on my diary, we sound so similar. You do a lot of things that I do, haha! Wombling for McDs vouchers, yay!

    Why don’t you budget for your daughter’s swimming lessons? I do and so don’t have to think about finding the extra money.

    You seem to have the same mindset as me regarding your daughter. Finding cheap and cheerful things to do. One of my daughters’ favourite things at the moment is to drive to a local lake (I do the driving, obviously, haha), cycle round it and throw sticks in the lake for the dog! Long may that continue cos we actually have a fab time! Simple creatures that we are, haha!

    Re the 0% cards, cos I’ve only started doing in the last year or so, do companies let you have multiple credit cards with them or do they have strict quotas, like if you have had a card with them in the last 12 months, you can’t get another one with them?

    I have only been declined one card so far and that was a Barclaycard (don’t think I applied for the 0%, but for cashback or something), but I think this was because I applied for two credit cards on the same day.

    I am keeping a note of the credit cards I:-

    1. Have,
    2. Have had and closed (cos I have received the benefit, i.e.
    cashback)
    3. Have been declined for.

    And re your broken watch. Has inspired me to put a mini scooter on eBay with a broken brake. You never know. The other mini scooter I have without a broken brake, is currently up to £17 (but it has a toddler seat aswell).

    How do I subscribe cos I want to keep knowing your progress?!
    Pink Sproglettes born 2008 and 2010
    House Worth (approx) - £400,000
    Mortgages (2nd July 2017) - £183,377.40
    Equity - £216,522.60
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