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  • FIRST POST
    • museumworker
    • By museumworker 15th Jul 17, 10:22 PM
    • 2,025Posts
    • 11,713Thanks
    museumworker
    The mindful MFW: A healthy, happy journey to a mortgage free life!
    • #1
    • 15th Jul 17, 10:22 PM
    The mindful MFW: A healthy, happy journey to a mortgage free life! 15th Jul 17 at 10:22 PM
    Hi all! Some of you may know me from my last two diaries (museumworkers quest to consign the mortgage to history and Making the Future Happen). A lot DID happen during my last diary, mostly things that threw me off the MFW course, including an unexpected (but much loved) third child and a new full time job! These are both changes for the better, but adjusting to even less time with even more responsibilities unfortunately took its toll on my health and wellbeing as well as our finances.

    Anyway, I now feel like I've turned a corner - my health is improving, I'm settled at work, we have local childcare arranged (no more commuting with a toddler and buggy come September!) and we are starting to tackle the mortgage again. Rather selfishly I would like a new diary to mark this new phase as I feel a bit like my old one is, well, if not stained then a bit dog-eared. And who doesn't like the feel of a crisp new diary, all shiny, new and full of hope!

    This time my journey to mortgage freedom has to be healthy and happy. I can't let myself get ill again, the whole family suffers. The mindfulness part is more aspiration than reality at the moment! However I've gained so much benefit from the mindfulness work that I have done that I really want to make it an integral part of my life. And I really want to enjoy my time with the kids, aged (nearly) 3, 5 and 14, and nurture my relationship with the very neglected OH. We love to travel and have days out, though usually there's a discount voucher and a packed lunch to hand if you look closely enough! Of course there will be challenges along the way, but if I can build personal resilience and keep a positive outlook I'll be much better placed to deal with them.

    I would love it if you read and posted along - words of encouragement, suggestions, comments, questions, observations, witticisms, light ribbing - and the occasional reprimand if I start being self-negligent!

    Some facts that always help at the start of a diary:
    Mortgage balance at start of MF journey, March 2011: £190,000
    Current balance July 2017: £95,979.89
    Mortgage rate: 2.39% fixed at Feb 2016 for 5 years.

    OPs in 2017 to date: £9,249.16
    Total OPs 2011-16: £45k

    LTV when house purchased 2008: 83%
    Estimated Current LTV: 15%
    Old mortgage rate: 5.09%
    Old mortgage monthly payment: £1,200
    Current mortgage monthly payment: £623.15

    Original end date at renewal: February 2036
    Current end date with no further OPs: October 2033 [guestimate, will check next time I call]
    Target: April 2022 = £1,200 pm OP / £14,400 pa OP
    Stretch target: September 2021 = £1,400 pm OP / £16,800 pa OP
    Super stretch target: April 2021 = £1,600 pm OP / £19,200 pa OP

    Just realised that means am possibly talking only 4 years or so until we're mortgage free ! Wow, that feels so unreal - but incredibly motivating!!

    Lots more to say, but right now we're off to bed. Thanks for reading!
    Last edited by museumworker; 19-07-2017 at 1:07 PM.
    Mortgage 16/03/2011: £190K 01/01/2017: £107,729.65 01/07/2017: £95,979.89
    OPs 2011-2016 = £45K 2017 OPs = £9250.20
Page 21
    • themadvix
    • By themadvix 17th Jan 18, 9:28 AM
    • 1,336 Posts
    • 8,003 Thanks
    themadvix
    Totally agree with Better - running = impressed; caffeine = necessary!
    OPs 2017 = £3103
    S&S ISA 2017 = £626
    OPs 2016 = £6142.12
    Starting balance 2012: £132000; balance Dec 2017: £96,822
    MFW2017 no. 38
    • museumworker
    • By museumworker 19th Jan 18, 11:44 AM
    • 2,025 Posts
    • 11,713 Thanks
    museumworker
    Well done on the running - and as for the coffee, I'm certainly not going to tell you off for that one! Needs must, and we can't do EVERYTHING in one go, much as we would like to think we can.


    Good luck with getting the school place. It seems light years since I had to do such things....I feel so old!!
    Originally posted by Betterthanever
    It goes so quick better, doesn’t it? And come autumn term I need to be visiting colleges and sixth forms with DD1 THAT makes me feel ancient .

    Totally agree with Better - running = impressed; caffeine = necessary!
    Originally posted by themadvix
    Caffeine has been necessary more than once this week although I held off yesterday and so far today .

    Had to sacrifice my day off yesterday for a super busy super political super important day. Can really feel how much this month is taking out of me. I had to skip my £5 haircut session today as DS had an assembly they only mentioned, erm, yesterday evening . He was so pleased I could come, and I would have had to spend money on travel anyway. Now planning to take a long walk to a hairdressers to see if I can squeeze in a haircut with them. If not I will have had some fresh air, daylight, exercise - and its near a couple of banks I need to pop into and sort out some accounts. I will also not be under my cleaner’s feet although she is not here yet so maybe she’ll be late today.

    Finally ordered a replacement bank card for the main account .

    Really need some yoga mindfulness and bit of rest today too. Wish me luck!
    Mortgage 16/03/2011: £190K 01/01/2017: £107,729.65 01/07/2017: £95,979.89
    OPs 2011-2016 = £45K 2017 OPs = £9250.20
    • museumworker
    • By museumworker 19th Jan 18, 4:57 PM
    • 2,025 Posts
    • 11,713 Thanks
    museumworker
    Haircut and rough dry done for only a couple of quid more than the £5 cut plus travel.

    Closed down H$BC account which will simplify my banking, I only opened it for the incentive and missed out on that. I have one more personal bank account I need to get in order - wondering whether to close it, or use it as account I can swap from from to try to get some more incentives...

    I also went a bit crazy in the charity shops, and can!!!8217;t even admit how much I spent right now... I think the excitement of losing 9 pounds is encouraging me to buy more, smaller clothes. I do worry that I!!!8217;m not great at self control sometimes. I did try everything on and only buy things that made me feel very good about myself!

    Quick coffee (decaf still!) then pick up kids.
    • Betterthanever
    • By Betterthanever 19th Jan 18, 6:01 PM
    • 511 Posts
    • 3,364 Thanks
    Betterthanever
    Oh I feel for you on the bank account front.....I have one that I get my salary paid into, then I transfer to a tsb and a Halifax account for monthly rewards. Then I have another one for matched betting and other such things so I don't find myself using money that is allocated to bills.....then my new job requires me not have my salary paid "in house"....needless to say it is with a bank I do not already bank with. .so I have just opened a 5th current account to allow new salary to be compliant! It does unlock lots of staff benefits so not a complete faff but I am wondering how long it will be before I start to lose track and need to simplify things again!!

    Current balance £112,593.71. Offset £2,677.73. £109,951.98 needed to be mortgage neutral!
    End date - 03/29 but aiming for 10/22 - 2018 O/pay £600
    Make £2018 in £2018 = £406.75/£2018
    Former DFW Nerd 230. Determined to be MF. Bring it on!
    • pinkypig
    • By pinkypig 20th Jan 18, 8:04 PM
    • 988 Posts
    • 8,453 Thanks
    pinkypig
    Well done on the run. Can't beat a little treat on your return, always tastes better when it feels earned

    Hope you and yours are enjoying the weekend xx
    • museumworker
    • By museumworker 29th Jan 18, 10:20 PM
    • 2,025 Posts
    • 11,713 Thanks
    museumworker
    Quick update:
    * last year!!!8217;s tax bill is paid! Almost all of the £2k was saved, only needed £180 from the Feb pay packet to cover it. Really pleased that we managed to scrimp the money away, a huge change from last year where we raided the savings (and never topped them back up )
    * went running after work today
    * hair cut for £20 (not too bad)
    * need to update YNAB, might even start a new budget soon as some nagging loose ends
    * had 9 people for dinner on sat and using ys meat from freezer and spuds did great slow cooked beef stew with mash, everyone loved it and worked out less than a pound a head
    * £60 food shop this week
    * weight loss continues, have lost over 4lb since last posted, am almost at the one stone lost mark since Boxing Day
    * too busy at work still so haven!!!8217;t had much time to devote to MSE ways but also no time to spend
    * helped DD1 with application for talent scheme at law firm
    * have worn all my charity shop outfits and had lots of compliments on them.
    Last edited by museumworker; 29-01-2018 at 10:22 PM.
    Mortgage 16/03/2011: £190K 01/01/2017: £107,729.65 01/07/2017: £95,979.89
    OPs 2011-2016 = £45K 2017 OPs = £9250.20
    • museumworker
    • By museumworker 1st Feb 18, 1:54 PM
    • 2,025 Posts
    • 11,713 Thanks
    museumworker
    And breathe! My first proper day off in many weeks, and much anticipated. I think last week was a 60 hour week, plus entertaining on the weekend.
    So far I've had a monster lie-in, eaten brunch, and am now very happily sitting in bed pottering on-line.

    Achieved:
    * exchange agreement to Amsterdam for summer written and sent
    * forwarded flight information to Helsinki easter house swap
    * updated house swap listing - only have October half term to offer now!
    * partially updated YNAB and allocated all income. Despite drop in my income due to going part time, we can cover the basics as well as put money aside for redecorating house, taking MIL out for lunch when she visits next week, and start saving for kids' birthday parties later in the year. Thank goodness our monster tax bill is paid and we now have a system that really helps us keep on top of our finances.

    To do:
    * collect DS from school, bring home, and take back to school in pjs for movie night!
    * 2 x washloads
    * send one email
    * have a long soak and read!

    As you can see I'm taking as much time as I need today to recuperate. Tomorrow is my first weekday day off with just DD2 , really hoping to go in the afternoon to local outdoor nature play session I used to take DS to.
    Mortgage 16/03/2011: £190K 01/01/2017: £107,729.65 01/07/2017: £95,979.89
    OPs 2011-2016 = £45K 2017 OPs = £9250.20
    • museumworker
    • By museumworker 1st Feb 18, 2:04 PM
    • 2,025 Posts
    • 11,713 Thanks
    museumworker
    Also have forgotten to share with you my wonderful charity shop find the other week... a beautiful mid-century bureau. It fits perfectly in our bedroom alcove and goes amazingly with a classic design chair I won last year off instagram. We cleared out the functional but full of junk ikea drawers that were there and now have a lovely space to work, sit, ponder - and as it all closes up there's no unsightly mess. And all for a princely sum of £45.
    Mortgage 16/03/2011: £190K 01/01/2017: £107,729.65 01/07/2017: £95,979.89
    OPs 2011-2016 = £45K 2017 OPs = £9250.20
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 1st Feb 18, 2:23 PM
    • 930 Posts
    • 4,274 Thanks
    wishingthemortgaheaway
    That sounds lovely.
    Top of my 'wish list' if/when we move is a nice sunny widow side space with a snuggle
    Seat of some description and a bookcase.
    Sadly, the needs are probably
    A bit of a stretch, so the wants are quite probably out too.
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Jan 18 14/100 o/s £34,400
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2025
    MFW 2018 Challenge Member #162 £124.36/£2,500
    • themadvix
    • By themadvix 2nd Feb 18, 7:49 AM
    • 1,336 Posts
    • 8,003 Thanks
    themadvix
    Glad to see you had a quiet day yesterday - it sounds like you needed it!

    The bureau and the window/snuggle seat both sound lovely, but I think I'm the same as you, wishing... too many needs to be picky about the wants!
    OPs 2017 = £3103
    S&S ISA 2017 = £626
    OPs 2016 = £6142.12
    Starting balance 2012: £132000; balance Dec 2017: £96,822
    MFW2017 no. 38
    • museumworker
    • By museumworker 2nd Feb 18, 4:22 PM
    • 2,025 Posts
    • 11,713 Thanks
    museumworker
    That sounds lovely.
    Top of my 'wish list' if/when we move is a nice sunny widow side space with a snuggle
    Seat of some description and a bookcase.
    Sadly, the needs are probably
    A bit of a stretch, so the wants are quite probably out too.
    Originally posted by wishingthemortgaheaway
    That sounds lovely - we're working on a snuggle corner in an alcove in the living room. Will remove a shelf and have a small nursing chair that will fit in, although it needs reupholstering and some more padding.

    Glad to see you had a quiet day yesterday - it sounds like you needed it!

    The bureau and the window/snuggle seat both sound lovely, but I think I'm the same as you, wishing... too many needs to be picky about the wants!
    Originally posted by themadvix
    Definitely needed the quiet day! Might be last for another four weeks .

    Re: the wants vs needs - I had an idea about this alcove about 4 years ago, and have just been waiting for the right piece at the right price. £45 was cheap enough to take a risk on, and am glad we did as OH wasn't as convinced as me. He now loves it, possibly even more than me!

    Good first day with me and DD2. School run, picked up prescription and got meds, trip to local charity shop and an hour play in the park with friends. Then friends came over to impromptu lunch and play with some new toys had picked up in the charity shop. Had a bit of work to sign off but nothing too intrusive. Now watching new kids DVD (25p from charity shop) before we head out for dinner at another friends. We've made a pudding and already have a spare bottle of prosecco from the weekend so all good to go.

    Bit shocked to have spent £15 in the charity shop - bought a French Connection dress (£4) and Boden top (£3), plus a large bag of ello construction toy(£5), 10x thank you cards (£1), a bag of wooden london city toys (£1) and 4x DVDs (£1). All we will use, wear, play with and watch but wondering how people manage to have and keep to NSDs!
    Mortgage 16/03/2011: £190K 01/01/2017: £107,729.65 01/07/2017: £95,979.89
    OPs 2011-2016 = £45K 2017 OPs = £9250.20
    • museumworker
    • By museumworker 3rd Feb 18, 12:39 PM
    • 2,025 Posts
    • 11,713 Thanks
    museumworker
    Had a really lovely evening with friends, great food and good company, kids all played really nicely together.

    This morning have had DS swimming lessons, kids playing happily with toys, I've sorted all laundry and OH is deep cleaning the fridge.

    Ambitions for today:
    * visit new shop for character meet and greet
    * get free key cut with token
    * get some more pink paint samples
    * meal plan erm, called 'winging it'
    * food shop
    * reply to houseswapper
    * reply to friend
    * Email @mazon to ask why pr!me membership suddenly stopped
    * throw out bits stashed away from DS room when tidied it the other week
    * watch film from charity shop
    Last edited by museumworker; 03-02-2018 at 5:23 PM.
    Mortgage 16/03/2011: £190K 01/01/2017: £107,729.65 01/07/2017: £95,979.89
    OPs 2011-2016 = £45K 2017 OPs = £9250.20
    • Courgette
    • By Courgette 3rd Feb 18, 1:53 PM
    • 1,671 Posts
    • 17,911 Thanks
    Courgette
    Sounds like a nice mix of productive and restful! Excellent balancing there, mw!
    A reminder to myself: Persistence Pays Off
    Mortgage 1: £95,000 £78,900 at 3.1%
    Mortgage 2 (BTL): £83, 489.15 at 2.99% (I.O.)
    Savings (S&S ISA): £3000 Plus 6 months emergency savings earning 3%
    • museumworker
    • By museumworker 5th Feb 18, 9:38 PM
    • 2,025 Posts
    • 11,713 Thanks
    museumworker
    January review
    Theme of the year: the year of recovery

    Exercise - integrate three exercise sessions into my week
    started running club and ran twice, roughly 3K each time. I was away the other Monday. On target.

    Financial - maximise our pension contributions for tax efficiency, restart overpaying the mortgage, start investing in the stock market.still have OHs pension contributions at 44%, waiting to find out pay rise so will be able to change ratio in April. Paid last years tax bill in full, almost all from savings . On target.

    Relationships/family - deepen relationships with key friends and family Had weekend out with 2DSis, 90th birthday, anniversary party, dinner out with friend, drinks with DSis and hosted BIL + family for weekend.

    Diet - reduce carb intake and quit sugar. Lose 2 stone 12lb lost since Boxing Day . On target.

    Spiritual world - develop understanding and practice of self-care Bought a number of books on topic from Am@zon sale. Had one restful day off work. Been busy month and need to pick this up. Not on target.

    Fun/interests - make the most of what we have and where we areVisited local beauty spot, nearby playground, and organic farm, all close to home and free. No expensive trips out. On target.

    Home/Surroundings- make our home fresh and clutter free Tested paint sample for living room, decluttered DS bedroom, decluttered chest of drawers in bedroom and replaced with vintage bureau, recycled three bags of textiles, two charity drops. Konmarid DVDs. Not quite on target though.

    Career/Skills - develop mentoring and coaching skillsTraining day allocated for this month. On target.

    Positivity/Confidence - learn and practice CBT, develop a joyful mindset I have been in a good mindset this month, especially considering workload. However I have not set aside the time to focus on this.Not on target.
    Last edited by museumworker; 05-02-2018 at 9:42 PM.
    Mortgage 16/03/2011: £190K 01/01/2017: £107,729.65 01/07/2017: £95,979.89
    OPs 2011-2016 = £45K 2017 OPs = £9250.20
    • pinkypig
    • By pinkypig 6th Feb 18, 6:41 PM
    • 988 Posts
    • 8,453 Thanks
    pinkypig
    Hiya MW

    Stonking progress Mrs . Best of luck with your February goals xx
    • museumworker
    • By museumworker 15th Feb 18, 9:57 PM
    • 2,025 Posts
    • 11,713 Thanks
    museumworker
    Hey all- quick update. Workwise I delivered my crazy project last week which has been exceptionally well received, better than I imagined. I can!!!8217;t say too much more without potentially outing myself but I!!!8217;m very happy all the hard work and team effort have paid off. Am still recovering as it was pretty exhausting (but fun!)

    Money wise we!!!8217;ve had a few disasters. OH spent £110 on a train ticket home as he hadn!!!8217;t thought through a return journey properly for nursery pick up time. Our car wouldn!!!8217;tstart so £75 on home start service and another £75 on a new battery. I also still have nearly £900 of expenses to claim .

    House wise we!!!8217;ve picked our paint colour for living and dining room, and bought a new rug for £87 which looks lovely. Painting was due to take place this weekend but now postponed as am too tired to take kids away on my own.

    The agreement for our summer houseswap has now been finalised. Bring on Amsterdam!

    Weight loss slowed due to massive alcohol intake but fortunately not stopped.
    Mortgage 16/03/2011: £190K 01/01/2017: £107,729.65 01/07/2017: £95,979.89
    OPs 2011-2016 = £45K 2017 OPs = £9250.20
    • museumworker
    • By museumworker 17th Feb 18, 2:26 PM
    • 2,025 Posts
    • 11,713 Thanks
    museumworker
    Some good news - OH's work is going to cover the £110 train fare and remembered after reading a diary on here that we don't have to pay council tax this month so the money set aside for that almost covers our car battery costs .

    Did have to pay £16 on train fare to return DD1s friend home today, but can't complain as they had DD1 for a week a few months back for no cost to us.

    Had beautiful day with kids yesterday, went to park and spent 3.5 hours there, really felt like first day of spring with mild weather and bright sunshine. And it was a NSD .

    I have a few things I'd like to get out the weekend:
    * play at local outdoor playground
    * buy paint for living/dining room
    * food shop
    * trip to IKEA to use up £20 voucher
    * finish sorting out kitchen cupboards (have been binning out of date food)
    * open all mail and return SMARTS
    * drop unwanted in date food items to food bank
    * read a book
    * have some resting time
    Mortgage 16/03/2011: £190K 01/01/2017: £107,729.65 01/07/2017: £95,979.89
    OPs 2011-2016 = £45K 2017 OPs = £9250.20
    • Courgette
    • By Courgette 17th Feb 18, 6:01 PM
    • 1,671 Posts
    • 17,911 Thanks
    Courgette
    You sound very busy. Glad you're building in some rest too
    A reminder to myself: Persistence Pays Off
    Mortgage 1: £95,000 £78,900 at 3.1%
    Mortgage 2 (BTL): £83, 489.15 at 2.99% (I.O.)
    Savings (S&S ISA): £3000 Plus 6 months emergency savings earning 3%
    • museumworker
    • By museumworker 18th Feb 18, 8:22 PM
    • 2,025 Posts
    • 11,713 Thanks
    museumworker
    Trying to Courgette but not always successful!

    In other news:
    * Fantastic family play in outdoor playground this morning. Three hours playing in beautiful spring sunshine together, plus saw a few familiar faces and met a few new ones. £6 well spent.
    * Chair measured and details sent to reupholster
    * Paint bought for living/ dining room. Tried a tester for the kitchen but too dark, back to drawing board there.
    * IKEA trip made and a scary amount spent on home improvements Realised we didn't want to return next month for sofa covers so decided to buy now, although I hadn't budgeted the £190 to cover them. We also thought it High time to get a new set of plates, we have only 3 left from our set of 8 due to various accidents. We chose a really nice classic shape with a bit of detailing, which reminded me of a set I had loved in a restaurant we visited in Krakow many children ago. We bought in two sizes with matching bowls, and enough to sit 12 people (which is how many our table can extend to). Downside is these 36 items cost over £117 (and I've just found out they do a deep plate and mugs too - someone stop me!) We did use our family card for £10 off and our £20 voucher, but came only a few quid below £400 instead of the budgeted £150. I think I've just brought some costs forward rather than created new ones though .
    * Finally listed the furniture item on eBay and already one bid - IT WILL SELL! Starting bid of a tenner but every little helps, and at least we're being paid for someone to take it off our hands. And the app made the listing so much easier than I imagined.
    * Freezer fish turned into a very good fish stew. Have one and a half empty freezer drawers now, and lunch for tomorrow.
    * Enough baskets bought to start sorting laundry straight off racks and transfer into people rooms. Let's see if that avoids the clean laundry mountain in our bedroom!
    * Have some decent money off vouchers from Mr W so plan to use these next weekend. Am hoping this will take the pain out of losing PYO offers .
    * Realised I accidentally double booked a train journey, now have to print and return set of train tickets for £64 refund. Goes to show how tired I am .
    * Busy week ahead with overnight work trip, one and a half days of training, and two talks to deliver I haven't written yet.

    On that note off to clear that laundry mountain and hopefully get to read a bit before bed. Night all!
    Mortgage 16/03/2011: £190K 01/01/2017: £107,729.65 01/07/2017: £95,979.89
    OPs 2011-2016 = £45K 2017 OPs = £9250.20
    • themadvix
    • By themadvix 19th Feb 18, 9:53 AM
    • 1,336 Posts
    • 8,003 Thanks
    themadvix
    Sounds like a very busy and productive weekend!
    OPs 2017 = £3103
    S&S ISA 2017 = £626
    OPs 2016 = £6142.12
    Starting balance 2012: £132000; balance Dec 2017: £96,822
    MFW2017 no. 38
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