"Pay Off Your Mortgage in Two Years"

biblejohn

Dan29 wrote:

It wasn't really the presenter's idea; the bloke had been planning to do it for ages as he was a builder/decorator.

Yeah, but my point was, anyone can pay off their mortgage earlier if you take out a 2nd or 3rd job in order to give you some more spare cash. In this guys case there was no way the family was going to clear their mortgage just by tightening the purse strings!

As an alternative suggestion, i would have suggested to them that the family could have just sold their 300k place off and bought a slightly smaller cheaper place and had no mortgage!

Dan29

biblejohn wrote:

Yeah, but my point was, anyone can pay off their mortgage earlier if you take out a 2nd or 3rd job in order to give you some more spare cash. In this guys case there was no way the family was going to clear their mortgage just by tightening the purse strings!

As an alternative suggestion, i would have suggested to them that the family could have just sold their 300k place off and bought a slightly smaller cheaper place and had no mortgage!

True; did you see Martin's comments about the series? http://www.moneysavingexpert.com/blog/?=200601/#231

annmatkat

didn't find the programme anywhere near as inspiring as the first. I'd have expected them to start with one of the stronger ones to hook people in. i hope the rest are good. :j

tomstickland

This is what I said in another thread about program 2:

He seemed a nice enough chap, but reminded me of people I've known in the past who are always dithering and talking about why things won't work etc. When he got a bit of a bollocking he came out with all that "family" stuff and then wouldn't call on friends to help out "in case they said no next time".
He should have gone up there and camped out for a week to get the job done, maybe hiring in a local helper to get it all done in a week or two.

The basket thing - how could she no know how much the contents cost? First thing to do.

I did like the family though; the children did really well.

Overall they were possibily a bit too "nice" for their own good. It might all come good in the 2nd year.

If he could make £15K on 4 properties then they'd sort it. That's 3 months per property.

http://forums.moneysavingexpert.com/showthread.html?t=135480&highlight=bbc2

Emmy

I taped the first programme with Anne-Marie and Sean....but it didn't record the last ten mins (arrrggghhh) so ......fill me in, what happened

caseya

Emmy wrote:

I taped the first programme with Anne-Marie and Sean....but it didn't record the last ten mins (arrrggghhh) so ......fill me in, what happened

We got divorced and din't pay the mortgage:) Joke!

Not sure where you saw up to but basically we saved £14k in the first year and are starting to make real headway with Sean's new business venture as an NLP practitioner in the corporate market. We are still very much together, happy and looking forward to the next year making loadsamoney!

The hall is still not decorated

tomstickland

Hey, it was chalk and cheese between yourselves and couple no2. I think you did really well. This week looks interesting too.

Emmy

caseya wrote:

The hall is still not decorated

Good
ohhhh and when Sean handed his notice in....OMG I nearly jumped into the telly
Glad it is going well

lky2k23

Only saw the 1st episode but taking advice of someone being driven in a Mercades was something I wouldnt really do and also the first 2 people will probably have health problems quicker then they will pay off their mortage. Martins Excel sheet could teach more then that bloke

exil

I'm on the skeptical side here. How Anne-Marie and Sean can say that 14k in 1 year is "well on the way" to 85k in 2 years is totally beyond me. Maybe the rules of arithmetic have changed recently.

The whole thing seems rather obsessive. I keep on asking WHY? Life is for living, not for making money. Do the kids appreciate having parents working round the clock?
And WHO can actually junk their career and take on a new one paying twice as much? Not many of us I suspect.

OK, good luck to the participants. But I prefer Alvin Hall. The advice he gives can be taken by almost all of us.


http://www.moneysavingexpert.com/blog/?=200601/#231

Seems to say it all.