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

shop-to-drop

setmefree2 are you going to share your mortgage free news with family and friends?

I've heard it's not usually the best thing to do. They aren't always genuinely pleased for you.

black_taxi_2

just think setmefree2 1st of june no payment will go thru

MF

there were prob were so many times when u could of given up/u dont see progress/setbacks

happy for u

black_taxi_2

12/12/12

in horse racing terms

7 furlongs from winning post

gerbiljo

Payday!
Looking forward to this challenge update, i think we will come in as all paid up for the september update, if things continue as they are. So next month we will go down to 4 figures...
Pleased to be approaching the finish line as I'm sure you all are even if not clearing the mortgage, 3 years of strict financial commitment is tough

black_taxi_2

nice gerbiljo hitting 4 figures next month

what this challenge does is make you try for a target---but you do make progress even if you dont hit it.

shop-to-drop

black_taxi wrote: »

nice gerbiljo hitting 4 figures next month

what this challenge does is make you try for a target---but you do make progress even if you dont hit it.

This is true: sometimes you need to step back and look at what you have achieved even if the target is not going to be reached. Every overpayment is an achievement and we should all feel like a success and definitely not a failure.

setmefree2

shop-to-drop wrote: »

setmefree2 are you going to share your mortgage free news with family and friends?

I've heard it's not usually the best thing to do. They aren't always genuinely pleased for you.

I know it's very funny isn't it? I have told my Dad and Mr setmefree2 has told his mum (and one sister who is also MF) but I'm wary of telling anyone else to be honest....

greent

shop-to-drop wrote: »

This is true: sometimes you need to step back and look at what you have achieved even if the target is not going to be reached. Every overpayment is an achievement and we should all feel like a success and definitely not a failure.

Oh yes, by making any OPs at all we are all successful in our quest to reduce our mortgage term and interest paid. Go us!:j

financialbliss

gerbiljo wrote: »

Payday!
Looking forward to this challenge update, i think we will come in as all paid up for the september update, if things continue as they are. So next month we will go down to 4 figures...
Pleased to be approaching the finish line as I'm sure you all are even if not clearing the mortgage, 3 years of strict financial commitment is tough

Can I just add that I'm looking forwards to the June update too. Taking off savings marked towards the mortgage, I should be sub-£10k after the third or fourth of June or whenever the mortgage payments / transfers clear.

Working though a LONG list of to-do items. Plan is to get the next chart pretty much ready to apply before I go away - we're away for a few days next week with it being half term...

So, keep those updates coming in.

FB.

the_end_of_the_rainbow

I will also be sub 10k when the mortgage payment clears early next month.

Hoping to clear completely by 12/12/12.

Couldn't have done it without this board (and the spreadsheets!). Was £107,000 at the start of this challenge and have ploughed every last penny / all savings into paying off the beast.

So a big 'THANKS' to all who post and especially FB / Maz for running the challenge