uzubairu's Mortgage Free Journey

EssexHebridean

Good progress there then - MFW'ing and decluttering all at the same time - get you! It's funny, everyone else seems to have houses full of lucrative clutter that eBayers are just desperate to snap up - I have plenty of clutter, but I don't think much of it is saleable!

By the way - there is a thread on here about the levels of daily interest - here, have a LINK :cool:

financialbliss

uzubairu wrote: »

When I checked my Nationwide mortgage account online yesterday, the daily interest had fallen below £13 for the first time.
I check the balance once a day (interest is added daily).

It was £12.77. :T

Hi uzubairu,

I've been quietly following your thread. With having a Nationwide mortgage, you'll probably appreciate Nationwide lump the mortgage interest together. Simply logging the interest on the last day of the month, you can gather stats such as these:

http://forums.moneysavingexpert.com/showpost.html?p=16317339&postcount=691

I find it motivating to watch the interest / daily interest go down each month. Also, as you can work out the monthly interest, you can work out the net effect of your monthly payments.

May be worth some analysis, since you report you're checking your mortgage regularly already.

Best of luck in your quest, and congratulation in getting sub 13.00. I'll try and follow your progress.

Financial Bliss.

uzubairu

EssexHebridean wrote: »

By the way - there is a thread on here about the levels of daily interest - here, have a LINK :cool:

Thanks, Ive just posted on there.

At the start of 2008 the daily interest was £14.31.

uzubairu

financialbliss wrote: »

http://forums.moneysavingexpert.com/showpost.html?p=16317339&postcount=691

I find it motivating to watch the interest / daily interest go down each month. Also, as you can work out the monthly interest, you can work out the net effect of your monthly payments.

May be worth some analysis, since you report you're checking your mortgage regularly already.

Best of luck in your quest, and congratulation in getting sub 13.00. I'll try and follow your progress.

Financial Bliss.

Cheers.
I've just had a look and I will definitely be implementing your idea. :beer:

uzubairu

I've sold 4 items today, and have a net gain (after Paypal and eBay fees) of £97. :xmassmile

Just another 18 items to go.
I've got a few potential buyers who want to collect, to save postage and get item faster. Hopefully that will put more in the overpayment pot, as I'll save on fees.

StuartGMC

All looking very positive. Well done

uzubairu

So far, 19 of the 22 items I listed last week have been sold.
4 were relisted this week.

18 of them have been paid for (15 via Paypal, 2 with Cash and 1 with a Postal Order).

I now have £130 Cash and £477 in my Paypal account (nett after Paypal and eBay fees).
I'm going to make another overpayment of £100 tonight.

I'll spread the rest over January/February 2009 (some will be spending money for our trip to Egypt at the start of February).

I've still got more unwanted stuff to get rid of, but it has been a bit of a chore checking 10 times a day for Paypal payments received/communication from buyers, in between breaks at work (in retail), queueing at the Post Office :eek: , etc.

Everyone wants items in time for Christmas, so I should have been prepared for that.

I'll photograph and list some more items over the Christmas break and get them packaged up ready to post as soon as the buyer pays.

setmefree2

Well Done you:T:T

uzubairu

I've sold another £120 worth of stuff (dvds, handbags, Michael Jackson singles etc) in the last week.

I'm planning to list another 15 items tonight.

I'm also planning to list an old phone and Sat Nav that belong to the OH (he doesn't know yet, but I am sick of seeing it depreciating in possible eBay value), because by the time he gets round to listing them, they'll be worth pennies.

Now that I have realised how much this unwanted/unused stuff is worth to someone else, I can't resist the urge to question how much I stuff I could get rid off if I was really ruthless.

I worked 5.5 hours overtime last Sunday, so the that will be an extra £100 in the overpayment pot in January when I get paid next month.

Even though there is a £500 a month limit (fixed rate), I've managed to pay £775 in December with no fees. :beer:

gallygirl

Nice one to all your progress, well done & here's to 2009 :beer: