Get yourself a 'Mortgage Pig'

tattycath

nykmedia wrote: »

Hello to all - I can't believe how much money has been spent, in total, by this thread, on pigs

Why not join us DIY pig-owners and have one like this instead? :rotfl:

Meet 'Phil the Pig' and if you don't like this for an idea, how about having... a 'Cash Cow'?

That's brilliant!!! I bought 3 money boxes from a car boot for 50p (for all 3)about a year ago, I chose the piggy bank and my girls claimed the other 2-bargain!!! So have you got a how to page to show how they are made? Do you have to destroy it to get into it or is there a bung in the base?

Frugaldom

Hi Tattycath, I joined the 'sealed pot' challenge and the 'recipe' is in that forum... will get a link and be right back to edit it in here LOL

Back again - the post is here

My sealed pot challenge is for Christmas presents and all my other savings are going towards 'mortgage avoidance' as part of my long-term plan to save and buy a house rather than take on a mortgage. I'm probably unmortgageable anyway, so this seems like the only way, short of winning the cash. Hmm... perhaps I need a trip to the competitions links on here to see what the probability is. I've already checked the premium bonds calculator and it's not too promising in that department. I still really like the mortgage pig idea and joined this thread with a mortgage chicken. Anyone remember the tv series, 'Bread'? LOL

tattycath

nykmedia wrote: »

Hi Tattycath, I joined the 'sealed pot' challenge and the 'recipe' is in that forum... will get a link and be right back to edit it in here LOL

Back again - the post is here

I still really like the mortgage pig idea and joined this thread with a mortgage chicken. Anyone remember the tv series, 'Bread'? LOL

Hi again. I remember 'Bread'-vaguely what with being so young (like who am I trying to kid!!!)
Thanks for the 'recipe' Dd1 has checked it out so no doubt they will be concocting this weekend!!!! Unless they get sidetracked putting some decs up for christmas!!!

tattycath

Hi everyone. As if sorting stuff out for christmas isn't enough, kids decided they want to make piggy banks from papier mache, so we have had 2 evenings so far of sticking layers of newspaper onto balloons. There should be 4 when they are finished!!! I shall try to upload the photos of the finished products. As well as being a cheap way to make piggy banks, it is a great family event, as we can all do it together as a family and there is also a competitive element too!!!. Don't suppose kids will wantg to use theirs for the mortgage challenge though:rotfl: :rotfl: :rotfl:
Not that I expect them too, I'l be happy if they can just afford to fund buying presents for their friends next christmas instead of coming home from school with a long list of presents they NEED to buy their friends' or rather they think I should buy them. I wouldn't mind if it was only a couple, however...
Rant over. Sorry i'm rambling!!!

ecoelle

Hi there everyone, loving the paper mache! I've started my pig in a teramundi pot that has been sitting empty for about 5 years. Decided to set me and my bloke a budget for food and spending money and anything left at the end of the week goes in the pot! Quick question, my mortgage is only 18months old and is fixed for 5 years but i can make overpayments of 10% per annum. Does that mean 10% of my monthly payment or 10% of the total mortgage outstanding?

Any help would be gratefully received

victoriaplum1

wow! what a fab idea....i have a terrumundi pig that my cousin bought me that I am ashamed to say is usually empty as I shake the money back out the slot so I am now gonna be much more disciplined and start the mortgage slashing saving immediately....I am spurred on by the fact that we werent going to go mad on chirstmas food shopping but still managed to spend £170 today, I feel sick at the thought! Does anyone have any advice on what forums are the best to follow on here for tips and motivation, I find it really hard to navigate round all the forums on here I am rubbish with technology but I want to save this year and keep motivated. Thanks

victoriaplum1

ps Im gonna call my pig myrtle dont know why it just popped into my head! lol

Frugaldom

OK, I'm just back to show off all these paper mache pigs because paper mache madness is suddenly sweeping the nation! Here's the banner I've made up from the ones already being used by members of the sealed pot challenge thread. Brilliant! I love these threads. Only problem now is that my chicken (like the one on Bread) hasn't seen a penny since I introduced 'Phil the Pig'. Hope nobody minds my showing off their handiwork, I'm just so impressed by it all!

lynseydee

I like the idea of this mortgage pig. We actually counted up the money we had saved from the 1ps, 2ps and 5ps my husband and I have saved on and off for the last couple of years and we had £59.00. I know it's not a lot but I was still chuffed all the same.

The only thing is that our mortgage is interest only at the moment but we can overpay 10%. Is it worth just saving the money in a savings account or can we pay it off the mortgage? Would that mean we would just pay interest on what was left after the overpayment?

Also, my husband seems to think the bank would charge for depositing the bags of money, which would be going into our joint current account to be transferred to our savings account if it wasn't worth paying off the mortgage. Would this be the case? We bank with HSBC.

Batgirl

Ok to answer a few questions, with our interest only mortgage we have to pay off a minimum payment of £500 off each time to make it aq capitaqlk payment rather than an interest payment, this may be the same for you lyndseydee

victoria if you are looking at making extra money the debt free wannabe lot are extremely savvie as a lot of these people are really really desperate to get out of debt so come up with some great ideas. If you are wanting to save money on normal things visit the old style board for money saving on groceries and household items or the shop but don't drop thread.

hope that helps a little

Batgirl