The Mortgage Free in Three - Take 2 challenge (MFiT-T2)

financialbliss

Kaz2904 wrote: »

fb, do you want regular updates from us or would you rather we only update just before the charts come out?

With the annual challenges, eg 2009 or 2010, I see the reason for monthly updates, but monthly for this challenge may be too often? It also takes a bit of effort to put the data into the charts too!

As it's a 3 year challenge, I thought every 3 months would be often enough, but what do other people think?

The charts and schedule is based around a chart every 3 months - I think there's a balance to strike - too often and people may not bother, but too infrequently and people may forget.

But, I'm happy to take updates for chart 01 for a while yet to see if we can fill in the gaps.

And the next chart is due to be published on 12th June - I'm sure that will be here before we know it!

FB.

Mat_Money_saver_wannabe

Hi, number 102 here. Aim to reduce £93,000 to £60,000. Received letter from mortgage company today (coincidence isn't it :-). Current balance is £90,000. A little bit of a slow start but should be picking up speed sometime soon

pineapple_beach

Thanks FB/Maz

The charts are totally brilliant - easy to see where we all are and what is still to be done...
p_b

golfiematt

f.b the charts are superb, just what i need to keep motivated! every 3 months sounds great to me for giving an update as every month is a bit too often in a 3 year challenge.
keep up those op's people!

Courgette

Brilliant!!! Thank you!!!!! :beer::money::money::money:

gallygirl

Thanks FB & Maz :T, they look great

setmefree2

FB - Fwiw I think charts every 3 months is good

black_taxi_2

every 3 months is perfect

u get a chance to see progress or if you hav a bad month can work on it next two.and its 12 payments

FlowerPower

Every 3 months seems good to me - makes it all the more exciting as you start to approach the 3 month date, and gives a bit of leeway if you have a bad month.
Love the charts

Kaz2904

3 months is great, I was worried about haning to update monthly, didn't think I'd keep up!