Hypno's approach to life, the universe and debtbusting.....

hypno06

ShelleyC wrote: »

Hypno they appear to be suggesting our techniques are unorthodox?

I prefer to think of it as "thinking outside the box" :rolleyes:

lunar

Is your dream house starting to feel real now? I am looking forward to getting started with the MFiT take 2 challenge, though we will lag behind our target for the first 6 months at least until the debts have been cleared. Can you make overpayments on a monthly basis to your mortgage? We have set up the 20% overpayment already that HSBC will allow. Once we are debt free we will have a saving account and whatever we can save will be paid off as an extra lump sum when the 3 year fixed rate comes to an end.

hypno06

Hi lunar - I am certainly feeling that it is achievable, rather than just a dream. My mum asked me why I was suddenly tidying up the outside of the house, was it because we are getting ready to sell :rolleyes::o

I can overpay my mortgage by 10% PA without penalty, so that is what I will aim to do, with anything over that being put into savings which would then go towards the deposit/fees/stamp duty etc but I won't be doing that until the non-mortgage debt is completely gone (Easter-ish).

redsquirrel80

hypno06 wrote: »

I realised today that we are through another significant psychological barrier.....

Our total debt and mortgage is now under £200k........just. That makes a big difference to my mindset really, especially as I start thinking more about the MFiT challenge and my aim to move house in a couple of years.

Wow that's brilliant - it must feel so good to know that you're getting closer to that move

hypno06

baby steps in the right direction, Squizz

elantan

hey hypno another day another milestone ..fantastic as always ....still trying to think what we can have with fried thigh though

hypno06

elantan wrote: »

still trying to think what we can have with fried thigh though

chocolate

elantan

Perfect and a coffee to wash it down with

gallygirl

lunar wrote: »

Is your dream house starting to feel real now?

It shouldn't do - I hear the number of houses for sale in the area has plummeted in the last few days - but the sale of home security devices has risen sharply

hypno06

gallygirl wrote: »

It shouldn't do - I hear the number of houses for sale in the area has plummeted in the last few days - but the sale of home security devices has risen sharply

I expect to see more adverts for private security doormen too.........

.......but me and Shelley will just put our thinking hats on to outwit them