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

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Comments

  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    change challenge thx

    reduce mortgage by 25k with o/p

    never done this before so once i do a couple of months --o/p might go up
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • TheBees
    TheBees Posts: 601 Forumite
    Hi everyone -

    Looking forward to the start of the challenge... Just started an extra job for 3 months working in a supermarket over Christmas 2 evenings a week (as well as my current day job!). Planning to put all the money I earn in this short term job into the "pay off the mortgage account" rather than squandering it.:j
    Mortgage Free in 3 part 2 challenge - pay off £9000
    Sealed Pot Challenge 416 - target £500
  • If someone had said to me back in January that this mortgage challenge would attract 150 people, I'd probably have laughed at them. But here we are today with two new recruits:

    149 secretsavers
    150 sipcyme72

    who I've just allocated the numbers above, taking the total to 150 members. :j I have PM'd you both.

    As others have mentioned - looking forward to this starting. Not long now... :D

    FB.
    Mortgage and debt free. Building up savings...
  • taxi73
    taxi73 Posts: 20,815 Forumite
    Looking forward to it too...
  • Hello everyone,

    Please count me in.
    My aim is to reduce my mortgage from £120,000 to £75847.

    Good luck, one and all !

    Silver_4444_uk
    I'm very much a believer in
    "In what goes around, comes around".
    So try and be nice to each other.
  • SOandSO
    SOandSO Posts: 51 Forumite
    Hi

    I know we haven't started yet but my op of £1600 (which left my account on Monday as a standing order from Barclays) has come off the Woolwich mortgage total today.:j

    Quick query - As it's a standing order why does it take the 3 days - it's not a cheque!

    Oh and I've got a star - v v happy about that :D
  • shangaijimmy
    shangaijimmy Posts: 3,803 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    After a few more overpayments due to very kind quidco we are going great guns from out first 10weeks (or so). Well on course to be at our challenge starting amount of £158k and the addiction is riduclous!! I just hope we can remain enthused for the next 10 years and be clear of the big noose by my 41st!

    Waiting for a nice £25 of ING to go straight into the mix and making our own baby food has made a surprising difference for the small £5 outlay for a small hand blender.

    What we have noticed is how having a few days off work together can make our spending rocket - and generally pointless too!!
    MFW: Was: £136,000.......Now: £47,736.58......
  • Floxxie
    Floxxie Posts: 2,853 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    I'm going to have to increase my original starting point but will PM FB at the end of the month.

    Looking forward to the challenge!
    Mortgage start September 2015 £90000 MFiT #06
  • I'm expecting my start value to be a few hundred pounds higher than originally stated but it's close enough. Just circumstances haven't been in my favour in terms of overpaying for the past couple of months.

    Another one here who can't wait for the start date. :D

    Michelle
  • Hi all,
    Looking forward to this challenge as have only recently taken out a mortgage for 35 years and want to reduce it drastically as there are other things I'd like to spend my money on! Not been a good couple of months as husband's laptop and Xbox have had to be replaced but I am looking for a part-time job (fingers crossed!)
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