Mortgage Reduction Beginner to Novice - The Show Begins

lulabelle1

Btw, I agree, keep up with the white lies, it's much better than !!!!!ing and moaning...... Put out positive thoughts and you'll reap the benefits in the long run.

Mortgage_Reduction_Novice

edinburgher wrote: »

Impressed with the packed lunches - we should start a "We're eating packed lunches to be MFW" challenge for 2013, I think you'd be the ideal founder and I'd happily be #2

Great idea Edinburgher... when we're nearing the end of December I might kick that thread off for anyone else to join!

Hi Lula, Elantan and Tilly too. I rarely let my guard down at work - they're a bunch of gossips (the !!!!!ier variety) with the odd "I heard it from the horses mouth" vulture in there too. Hence the junior colleague confronting me. I get the impression I'm discussed as somewhat of a dark horse - it's a shame they don't read my less gossipy nature as just plain 'professional' !!!

Mortgage_Reduction_Novice

Nationwide have confirmed that we have a 5 year fixed rate of 3.29%. It all starts in January along with our new joint budget:

• Mortgage Our new monthly mortgage payments are £783.33. We're sticking with £800 per month. Automatic monthly OP of £16.67 (better than our current £11.05).
• Groceries £200 per month including cleaning products. This is tough with our Costco visits but will average out over a few months.
• Monthly Bills with energy supplier switch in process, upfront line rental and council tax remaining the same for third year in a row - about £260 per month for these costs.
• Annual Bills we'll be putting £40 per month away for these costs.
• Savings £125 per month for the kitchen renovations and and end of month leftovers.
• Treats not to be paid for on the joint account! Treats will have to be earnt through loyalty points, mystery shopping and cashback or paid from our own money.

It's gonna be tight but that's part of the fun!

Tilly_MFW_in_6_YRS

Good news on the mortgage front and additional OP without doing anything :j

Tilly x

gallygirl

Tilly_MFW_in_6_YRS wrote: »

Good news on the mortgage front and additional OP without doing anything :j

I agree - OP's that don't cost anything - they're the best kind :T:T:T:T.

Radish72

Tilly_MFW_in_6_YRS wrote: »

Good news on the mortgage front and additional OP without doing anything :j

Tilly x

Ditto

Plus I'm on a free lunch tomorrow and its my last day till next year so I have now managed 2 years of not buying dinners at the works canteen

Mortgage_Reduction_Novice

Radish72 wrote: »

I have now managed 2 years of not buying dinners at the works canteen

Wow... I'll be celebrating only a trivial 16 weeks of packed lunches tomorrow!

unhappy_shopper

Well done on bagging that mortgage deal. It looks quite good :-)

Well done on your packed lunches too - it is not trivial by any account :j

moneycurious

Well done MRN!!!!

what you thinking for ny resolutions in the ms sense?? x

Radish72

Mortgage_Reduction_Novice wrote: »

Wow... I'll be celebrating only a trivial 16 weeks of packed lunches tomorrow!

16 weeks is anything but trival, I just made my desicion a bit earlier than you and its now why I have an addiction to philly/ham/chilli pesto/basil sandwhiches

Its also two years of making my own drinks instead of buying them out of the machine at work saving £250 over the 2 years. Can you guess where the saved money went

I'm still bagsying bragging rights though