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

taxi73

Number 96...reporting in.
I've updated the google doc my starting total is £40492.78 so better than theoriginal £43000.
Am looking forward to this challenge.
It will behardgoing as trying to clear my CCs and loans as well. .

twinklie

I'm excited too...I was sat her yesterday thinking...man, I wish it was Jan so it looks like I've paid something off! Ha ha ha. How sad is that? I'm wishing christmas away! Man, I'm a looser!

taxi73

This is the only challenge that DH has ever got really excited about.So I know how you feel but that 3yearswill soon pass.

LouiseJ

In 3 years I will be 40:eek::eek::eek:

..............and hopefully almost mortgage free:D

gallygirl

taxi73 wrote: »

3yearswill soon pass.

Yup, it will that so let's have something (less) to show for it :T:T:T:T:T

perrywinkle

perrywinkle

Jock_Tight

LouiseJ wrote: »

In 3 years I will be 40:eek::eek::eek:

..............and hopefully almost mortgage free:D

Thats my plan, to be mortgage free before I'm 40 (Jan 2013) so this challenge fits in nicely :T

tattycath

I'm so disappointed. I've worked out my figures and I seem to be out by over £250 (the wrong way...) I will have a rethink and update my final start figure on 11th Dec-just before the deadline probably!!!

cha97michelle

I'm starting at £35,000 on the nose, which is £250 more than i thought originally too. I sent it via google docs this morning.


I am not seeing it as a bad thing though. I've been sat working out some calculations. My target of £15k in 3 years means paying off £225.39 a month on top of the mortgage payment. If i were to try and pay off completely in an ideal world it would be an extra £780.72 per month which is unachievable, so i just need to keep doing the best i can.

I'm going to do my absolute best to reduce the grocery and household spends to make my hubbies wages go as far as possible. Hopefully then i can manage it. I really need to get myself a budget sorted ASAP i think. We had one, but some bills have increased and some were less than expected so i need to amend accordingly.

I just watched a programme about energy use at home. They were using 80 cyclists to power a house for 12 hours. It was interesting to see how much energy was used so i can probably get a few tips from it. BBC programme, i think.

I am really keeping my fingers crossed that the rates stay low or then i might start to find it more than we can manage. I'm keen to get on at the minute anyway and see some progress.

pawlala

meltdown after they put the kettle on!