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Helen's MFi3 Diary
Hels50
Posts: 28 Forumite
I'm officially part of the MFi3 Challenge! My aim is that by 12/12/12 I'll:
87. Hels50. Completely clear my £56,050 mortgage. :j
I took out a £90,000 mortgage in August 2004 with the Halifax. I made regular capital overpayments then remortgaged with First Direct at the end of last year when I had £63,000 outstanding on the mortgage(1.49% above base rate, lifetime offset tracker).
Between now and December when the official challenge begins, I'm having some double glazing installed so a little juggling will be required but I've calculated there should be around £54,000 outstanding by then.
As long as I can continue to work full time, I should continue to bring home around £2,500 a month (including unsocial hours and bank shifts). This is my budget:
Mortgage interest95Mortgage capital1250Regular saver ISA300Council tax110RCM19.18Water rate21.32Scottish Power88House insurance16.8Nuffield Health (swim daily)44TV licence11.95Telegraph18.2Orange10Virgin Media30car/dentist/clothes/Xmas etc178Food/Groceries/Household160Petrol70Going out50Hair/beauty/cosmetics1242596.45
I plan to return to this diary with regular updates. Meanwhile, any comments/suggestions welcome. And good luck to all taking part in this challenge!
87. Hels50. Completely clear my £56,050 mortgage. :j
I took out a £90,000 mortgage in August 2004 with the Halifax. I made regular capital overpayments then remortgaged with First Direct at the end of last year when I had £63,000 outstanding on the mortgage(1.49% above base rate, lifetime offset tracker).
Between now and December when the official challenge begins, I'm having some double glazing installed so a little juggling will be required but I've calculated there should be around £54,000 outstanding by then.
As long as I can continue to work full time, I should continue to bring home around £2,500 a month (including unsocial hours and bank shifts). This is my budget:
Mortgage interest95Mortgage capital1250Regular saver ISA300Council tax110RCM19.18Water rate21.32Scottish Power88House insurance16.8Nuffield Health (swim daily)44TV licence11.95Telegraph18.2Orange10Virgin Media30car/dentist/clothes/Xmas etc178Food/Groceries/Household160Petrol70Going out50Hair/beauty/cosmetics1242596.45
I plan to return to this diary with regular updates. Meanwhile, any comments/suggestions welcome. And good luck to all taking part in this challenge!
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Thanks for the welcome! I've reposted though, because the table didn't come out properly.0
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