Mortgage Reduction Beginner to Novice - The Show Begins

coldcazzie

BaconandEggs wrote: »

I can only compare it to our caz. We pay £40/month. However, we have a relatively new mortgage and a load of pre-existing medical conditions.

Sorry, it wasn't meant to come across as rude, I apologise if it did twas meant to be just an innocent comment I promise :beer:

Mortgage_Reduction_Novice

Hi Everyone... it's Friday, Friday, Friday Ooooo... :silenced: sorry about my singing!

BaconandEggs- my car is a diesel and averages 55mpg. Not too bad considering most of my journey to work is 70mph! Yep, joint spending was totals. Luckily where I work fuel is 2p cheaper than where I live so I fill up near to work.

Radish72- it's already short at the back. Even the hairdresser gets the razor out for my hairline - like little boy hair. A bit longer at the front.

Numpty - OH made me laugh this morning. I think I got a bit too keen on telling him not to touch the drying gloss paint. He's still showering with the bathroom door open and not touching the banister!

coldcazzie and BaconandEggs - No medical conditions but MrMRN does a high risk job so that's the cheapest we can get (it doesn't cover him during certain aspects of his job but he gets different insurance for that which he pays himself). We do a life assurance comparison every November but in 4 years we haven't seen a better price from a different provider.

Energy bills are low because we're out of the house for almost 12hours a day - more on gym nights. Also I turn everything (except fridge, freezer, microwave and dishwasher) off at the socket when not in use.

Lots to do this weekend:

Finish hand sewing the second roman blind
Two gym classes (walking to gym - 5 miles! each day)
Two mystery shops
Plant onion sets (garlic can wait till Oct)
Job search/applications (two closing dates passed in Aug and I've heard nothing)
Complete Textbroker assignment
Meal plan, write shopping list and do the shop

BaconandEggs

coldcazzie wrote: »

Sorry, it wasn't meant to come across as rude, I apologise if it did twas meant to be just an innocent comment I promise :beer:

I didn't think you were being rude caz.
Just saying that I don't really know what is high and low for life insurance. Ours is pretty high I think - so everyone's seems cheap!

Radish72

I turn off the microwave when not in use

BF was told off on Wednesday for leaving it on

coldcazzie

Radish72 wrote: »

I turn off the microwave when not in use

BF was told off on Wednesday for leaving it on

I do that too and the DVD player and surround sound and TV too

Mortgage_Reduction_Novice

The only reason the microwave and dishwasher stay turned on at the mains is because I can't reach to turn off without moving large appliances out of the way!

It's about building the habit. Bedside lamps get switched off at the wall in the morning (although I rarely remember to turn mine on at the wall before bed anyway!).

coldcazzie

Mortgage_Reduction_Novice wrote: »

The only reason the microwave and dishwasher stay turned on at the mains is because I can't reach to turn off without moving large appliances out of the way!

Yeah that's something we intend to rectify when we redo our kitchen - the fridge, freezer, wm and dw are all plugged in under the worktop and you have to move the dw to reach them, and the cooker is pluged in at the back of a cupboard. Why they did it like that I don't know... but all the plugs will be above the worktop and easily accessible when we redo it

misscousinitt

Radish72 wrote: »

I turn off the microwave when not in use

I'd turn ours off but would have to pull the washing machine out and crawl under the worktop :rotfl:

Mortgage_Reduction_Novice

Oh I'm completely disheartened now...

I was playing with the mortgage calculator and worked out we'd have to overpay more than £400 every month in order to be mortgage free by the time I'm 40. I'm not 30 yet and, as the budget I posted (two pages ago) shows, I've no hope of reaching £400 spare each month._pale_

Tilly_MFW_in_6_YRS

Morning MRN, if you hadn't started this journey you would have had little chance of clearing it early. Don't be downhearted, loads of things change in that time frame - even if you were MF by the time you were 45, you would still save a load of £ in interest payments.

How about focussing on the £ saved, rather than an age? I will be 52 before the mortgage is cleared :eek::eek:

Best wishes Tilly x