Benbens moneymaking adventure

benbenandme

Once you get your head round the m. betting lark its okay really, and at least there's no tax assessment to worry about

benbenandme

I've done a bit more aqa'ing and have reached 50.70 :j so now I have got to the 50.00 I need for Januarys overpayment, and any extra I make between now and new year :rolleyes: can go towards my Next account

Keeping_Motivated

Hi Benben is this £50 overpayment in addition to what you normally overpay pay per month? I must have missed this if you have already mentioned it.

benbenandme

Its part of my overall plan for 2009 KM, I will go and dig out the notes I've made and explain all, back in a minute ...

Keeping_Motivated

Sounds like a plan I'd better grab a coffee ... I'm so sad I love reading other peoples plans and then stealing any good any ideas I can manage to achieve for myself Although I doubt I would keep up with the mortgage overpayments at the rate you do :cool:

pixiechick99

Keeping_Motivated wrote: »

Sounds like a plan I'd better grab a coffee ... I'm so sad I love reading other peoples plans and then stealing any good any ideas I can manage to achieve for myself Although I doubt I would keep up with the mortgage overpayments at the rate you do :cool:

Me too - I love reading how other people keep organised and plan things - gives me ideas!!
I'm waiting patiently here......;)

tigzem

I'm waiting too......:D

benbenandme

Gosh I've got an audience:eek: :eek: :rotfl: Okay here goes, here's the plan for 2009 ...

My new ultimate aim is to clear the mortgage by my 40th birthday (August 2013). It may be unrealistic, but I want to aim for it and see how it goes. Anyhow, after breaking it down into chunks I have worked out that to be on track I need to get the mortgage down to 42,000 by the end of 2009. Currently it is 51,965, but that was the last time I checked it (September), and I have just over 2k on its way to my current account from my mortgage pot so I can make an overpayment this week. This should mean that by the start of the new year the mortgage should stand at approx 49,500 :T

So ... I need to clear roughly 7,500 this year. When I made the plan I budgeted for it being 8,000 so I will keep it at that. I have then broken it down into monthly chunks to plan where this money will come from as it is more than my salary lol

The 8k will be found from:

Normal mortgage payments will account for 1500
Saved from wages = 120
Payrise we just got = 15
Electricity savings = 7 (when dd was reduced)
Contents savings = 5 (saved from what I was paying last year a month)
Child benefit increase = 5
Maintenance savings = 40 (increased in sept '08)
Interest = 8 (savings account)

Then I need to earn the following:
Matched betting = 200 :eek:
Aqa = 50
Surveys = 10
Ebay = 10
Mystery shopping = 20
Quidco etc = 25

Then there are a few other odd bits I've allowed for during the year:

My birthday = 100 (usually get nearer 200, but will spend the rest)
Terramundi = 150 (based on this years figure)
Mobile cashback = 30 (have one more to claim on current phone)
Tax rebate = 40 (the 10p tax thing where we're getting 10.00 a month back till April)

Obviously the bits I need to earn don't have to equal the amounts I've sais, as long as they equal that in total, but its just as a guide for me to see if I'm on track. Some months I expect I'll be behind but hopefully I can catch up again in the summer holidays etc.

Sorry its a long post, but hopefully you'll all get what I'm planning now

hypno06

All seems perfectly reasonable to me!

:T

benbenandme

Forgot to add ...

all my presents for 2009 will come from my present fund, which will be made up of:

150.00 (2 months where we don't pay council tax,this money will be put into present fund)
388.00 (extra tax credits)
75.00 (extra child benefit)

The extra tax credit / child benefit are because its paid every 4 weeks theres always one month where you get two payments, so its from that.

Sad, me???