Mortgage Reduction Beginner to Novice - The Show Begins

elantan

That is a very good deal


Whilst i dont mind costco too much ... I really need to be careful what i buy in there it isnt always cheaper

Mortgage_Reduction_Novice

elantan wrote: »

That is a very good deal Whilst i dont mind costco too much ... I really need to be careful what i buy in there it isnt always cheaper

Oh I completely agree... I go armed with a list of 'needed' things and an idea of price (normal and on offer) in the supermarkets. There are strict rules: a maximum budget, only everyday items no treats even if they are good deals and all meat gets portioned up when we get home so that the freezer only contains managable sized portions reducing wastage.

elantan

i think we may be sisters lol ... i do the same thing myself ... the aim is to save money not loose it rofl

Mortgage_Reduction_Novice

Just reporting in another £12 OP and £170 off the 0% credit card.

Unfortunately that £170 was the last of my Jan/Feb mystery shopping/auditing extravaganza.

Also, I found out this week that my regular £106 per month audits are over. I need to make this money up by some other activity so I'm flogging myself on the ebay front at the moment till I can get more mystery shopping/auditing work.

Mortgage_Reduction_Novice

Mortgage_Reduction_Novice wrote: »

I've been invited to give a talk at a seminar next week - I was offered a nice speakers fee so fingers crossed that will be in my possession shortly a week or so after the seminar!

The cheque was waiting for me in my work pigeon hole this morning!

Mortgage_Reduction_Novice

End of the month leftover money has taken me below £1000 on the 0% credit card... also some news on MrMRN's PPI might boost this year's OP too.

Mortgage_Reduction_Novice

Well... long time no speak! Here's a quick update:

* I paid the 0% credit card off by the start of May (3 months earlier than the 0% deal was ending).
* We've been overpaying £12 each month on the mortgage - small we know but we bought a do-er up-er so spare money goes into increasing the value instead of paying off the mortgage at the moment.
*PPI payment came in which will allow us to rennovate/furnish the main bedroom, living room, hallway, stairs and landing by Christmas 2012. Now just the kitchen and dining room to do on the renovation project.
* Following negotiations with work I'm now allowed to work one day a fortnight at home - saving fuel!
* Saved the final payment for my car (2 years early).

Mortgage_Reduction_Novice

Today I went back to my original post which started this thread and which marked the start of another MFW journey.

Debts:
Mortgage £155k - ish £142k ish
Student Loan £6k - ish £3k ish

Wish List:
Wedding (end of 2010?) - £10k mixture of savings and parental contributions completed
Overpay mortgage - ? as signature shows plodding along, remortgage due in Nov but keeping payments the same should help
Renovate house - £3k saved for new boiler, then mainly DIY, some materials (paint, filler, tools etc.) we already have boiler, bathroom, loft, garden and bedrooms completed, stairs and living room work in progress, dining room, kitchen and utility room a daunting prospect, driveway a distant dream
Emergency fund - £5k so far Mrs MRN £4k, Mr MRN £3k, joint £1k

Room for improvement and new wishes:
Job closer to home.
Puppy?
Baby?
Complete rennovations
Forever house?
Mrs MRN laser hair removal/ Mr MRN triathalon bike!

Lois_E

Sometimes it's good to look back and see how far you've come, and realise that where you're going may be a long way ahead, but you'll get there. I'm a long-hauler too, and I know I need those numbers in my sig to keep reminding me that I *am* making progress, even if it's slower than other people's. Well done so far, MRN, and hang in there!

Mortgage_Reduction_Novice

Hi Lois_E and milkybars,

Yeah I guess it is progress but it does seem small. Maybe you're right, perhaps a more detailed signature might help, then I can update regularly and visually o bserve my progress. I fully intend to update the spreadsheets during my time off at the end of August.

I've been quiet because I've been putting many hours into professional development - all part of the master plan for a step up the career ladder and a job closer to home.