would like to be mortgage free in 7 years

skcollobcat10

oioioioioioio

StuartGMC

Welcome to the MFW board, "it's never too late".

Thriftyknickers

You're working to the same sort of timescale as me - we want to be MF by the time I'm 50. Will be interested to hear your plans. Good luck! :beer:

RosieTiger

Great to see another on board - age doesn't matter, taking the first step does !

chunky79

Welcome to the board,

I am the same as you, I didn't have financially savvy parents. When I first read you could over pay a mortgage I thought I had read it wrong. BUT I have also started my MF journey recently and I am so excited about it and it is all is thanks to this forum.:T

I agree with what other have said its never too late. I am now trying to get my mum and dad sorted with their money and they think its all very alien. I will get there, if i keep plugging away at them.

Good Luck :beer:

hughmungas1986

Hi there skcollobcat10

Its great that you've realised that you can overpay, at least now you are doing something about reducing your mortgage. Its amazing how many people know they can overpay but can't be bothered to do it.

Good luck with your goal of being mortgage free in seven years or sooner ??

hugh

setmefree2

and with your Mf journey

RosieTiger

Make sure you keep the figures you have quoted - as you move on it's good to look back and measure progress

evab_2

Welcome and good luck with your journey

StuartGMC

skcollobcat10 wrote: »

Did you ever think when you started your mortgage free journey that when you spoke about it to friends and family they thought you were just being a money pinching tight fisted git? Not that I am, I am very generous with money but I have got so excited and goal driven that they see it as an obsession! I get the feeling that some people think that that is all I think about "Money"!

However, you will become obsessed here :rotfl:

I want to thank StuartGMC for the brillant wonderful spreadsheet that he e mailed me the other week. Now thats an obsession!! ha,ha!:rotfl:but a good one!

You're most welcome, it gives me pleasure to know others are getting benefit from the spreadsheet too, and yes, this will also "pre-occupy" you too, but then, you knew that didn't you?

I look forward to seeing things develop in this diary and to you clearing the mortgage by the time you are 58.

determined1_2

skcollobcat10 wrote: »

Did you ever think when you started your mortgage free journey that when you spoke about it to friends and family they thought you were just being a money pinching tight fisted git?

100% with you here!!

What I don't get, is when you sit down with someone, explain what can be done and how much they could save. They look at you in amazement.....................then they don't do anything