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

gerbiljo

RosieTiger wrote: »

I absolutely agree about the small targets. One of my pet frustrations now though is actually our spreadsheet. Seeing and knowing what you will hit and when can make it seem like it's dragging. I find two solutions to that - firstly look back at where you started and take the time to recognise your progress and secondly, keep taking the "tablets" contained in reading other people's successes. It's great to see 3 people on this challenge make it, it was actaully quite strange on the day Billy managed it, coming home from work and waiting to log on and confirm they had made it was pretty exciting!!!

That is so true!

black_taxi_2

33 32 31 30 29 28 months until MF...

like the way you have it monthly gerbiljo

im 37 months MF

gerbiljo

black_taxi wrote: »

33 32 31 30 29 28 months until MF...

like the way you have it monthly gerbiljo

im 37 months MF

I need the incentive! Whether or not it will work out tho only time will tell! Good luck to u too (I have to shorten my signature soon tho think iv got a bit carried away!):money:

welshlady33

oopsy - think I missed October update - busy month!

Current balance just under the 12k mark :j

Now for the most expensive weeks of the year - car mot and service and good ole crimbo!

tattycath

gerbiljo wrote: »

I need the incentive! Whether or not it will work out tho only time will tell! Good luck to u too (I have to shorten my signature soon tho think iv got a bit carried away!):money:

black_taxi wrote: »

33 32 31 30 29 28 months until MF...

like the way you have it monthly gerbiljo

im 37 months MF

That's brilliant :T but do you think it will work for me? we have about 194 months left... Thanks

COOLTRIKERCHICK

Hi

was wondering if i could join in please...

I posted on another thread, but reading through this one, I really do need to set myself a target..

this is the infor i posted on the other thread

Hi,

I am new on these boards...

I know the year is nearly over, but i would like to join in if its possible..

We made our first ever overpayment today of £100:j

We phoned our mortage provider to find out if we would get any penalties etc if we were to over pay and they said no..

we are on a variable of 3.5%

with 15 years and one month to go

our interest is £4.22 per day

and we owe £44'272.24

we took our mortage out in 1994 and it was only 21k, but a few years ago we had to remortgage and put another 35k on to it, this was to get us out of serius cashflow problems..

My time scale to me mortage free is asap:rotfl: but in reality i would love it to be 3 or 4 years max.

I have no spreadsheets etc as i am hopeless at that type of thing.... so we have applied to have our mortgage account on-line so i can see the balance decrease....even if it is very slowly...

when ever i get surplus money, even if its only £5 i will pay it off the mortage before i have time to spend it...lol..


sorry i have waffled on, but I think i needed to write it down, just to make sure i stick to it...lol...

hope you didnt mind me barging in on the thread...

gerbiljo

tattycath wrote: »

That's brilliant :T but do you think it will work for me? we have about 194 months left... Thanks

counting down is always good! might have to not have on full countdown on the signature tho

tattycath

gerbiljo wrote: »

counting down is always good! might have to not have on full countdown on the signature tho

Thanks-I'l endeavour to perhaps put the total months in my signature and then reduce them periodically-so as not to have endless numbers...it just seems like such a mountain to climb...right best get started :j

taxi73

Another £254 in savings bringing us into the £21ks owing now.

uzubairu

It's good to see that many of us have nearly made it to the end of the first year of this challenge.
Your words of encouragement, support and sharing your trials and tribulations of everyday life have been amazing.

November mortgage payment and overpayments have been made so mortgage is currently £63,800. :j
So target for 2010 has been reached and I am still on target for my MFi3-T2 target.
We'll be celebrating with a nice meal tonight whilst on holiday in San Francisco.