am i addicted????

FrankieM

Hi Secondchance,
I know how you feel. At the moment we are living in a house that needs work. The area is ok but its far from my 'dream' house.
Last month we foun d a house we loved. 5 bedrooms, 3 receptions, 3 cellar rooms. Just what we'd always wanted. It needed a lot of work on decor but that was it.
We put in an offer. it was on the market for £295k. We offered £275k. Our current mortgage is just under £160k. A huge jump, but we have no other debts, hubby on a big wage. Mortgage aggreed.
Thankfully our offer was rejected. I mean that cause I just don't think I wanted to be tied to my house. Which is what getting a huge mortgage usually means.
I've decided to pay what we would have paid on the new mortgage on our current one and if I can convince myself, try and get some of the work on the house done.
Your daughter is just a baby, you have a few years yet to worry about getting her into the right school. You could paid off a decent amount on your mortgage by then and have more equity.

Ulitimately its up to you and your hubby.....but life is short. It would be a shame to not get to live it to the full cause of mortgage repayments...

muddled_midget

Hey I just read through all this and just wanted to say good luck with whatever you decide to do. But a house isn't everything, we lived in a tiny house all the time me and my 2 sisters were growing up, but that meant my parents could afford to give us great memories, they didnt worry (too much!!) when we wanted to go on expensive school holidays, when we chose to go to grammar school with its expensive school uniform or when we went on day trips. I'm not saying I was spoilt (well I probably was a bit) but at the end of the day there's more to life than being tied to a house and I don't want you to end up resenting it when you have to struggle to make ends meet.
Good luck
MM

second_chance

hey i think you all know that i wont back out.........my mortgage will be fixed for two years,the pension in my soa is my husbands mine comes out of my wages prior to me getting it.........have adjusted a few things which make it marginallybetter and hopefully a pay rise for me in july....

chivers1977

just to say that I am thinking about you this morning. it is not too lare until you sign that contract..... i have stuck myself with firstplus which has effectively done the same as yoyu want to do. there is no spare money and it is very very hard. i feel like we are just going to work for the mortgage. please just think about it. there is so much help on here and i wish that we had found it before signing.

second_chance

chivers1977 wrote:

just to say that I am thinking about you this morning. it is not too lare until you sign that contract..... i have stuck myself with firstplus which has effectively done the same as yoyu want to do. there is no spare money and it is very very hard. i feel like we are just going to work for the mortgage. please just think about it. there is so much help on here and i wish that we had found it before signing.

thankyou our appt is for four o clock - the are we are moving too is apparently on the verge of a boom with a five star development and a buisness centre opening they expect property prices to increse a lot there - hop you arent all cursing me for wasting your time itruly appreciate your honesty and help and you have given me lots to think about....i will now be an mse addict and will no longer be wasting my cash(i wont have any!!) no i dont find this funny at all..x

second_chance

wages-mine: will try and get some extra night work already do this but will now ask about it instead of waiting to be asked!!!!
hubby: will try and do extra hours as able-EARNED £25 EXTRA THIS WEEK
avon : will make more effort and stop spending earnings stupidly and on avon products!!!!

soa : [STRIKE]will finish this and then [/STRIKE]work out where i can save

ebay :[STRIKE]will actually put on the clothes i sorted yesterday and find more[/STRIKE] DONE!!!

bills : will chase up o2 re lowering my tariff-HMM STILL NO REPLY BUT FOUND MY CONTRACT ENDS END OF AUG NOT SEPT AS THOUGHT
will sort out my food/cleaning products cupboards as prob have loads of things to use up and from now on will try and go to the pound shop for my household products
will also try and cut down on diesel costs-this could be hard already do 14hour shifts to cut down on travelling
will try cut down on electric by not using tumble and switching things off at socket (will this make a differnce???? and will i save electric by only using washing machine etc at night????? or is it just if you are on economy 7??)-HAVE BEEN DOING THIS

vouchers:will now keep ALL vouchers i get through post and use them
will find out how many boots points i have and keep them for xmas
will find my clubcard vouchers and do as above-CANT FIND THEM!!
leisure: will spend more time taking my daughter for walks and too the park as free and will not spend stupidly on drinks etc on way home as usual
will aim for lots of no spend days!!!!!!!!!!!!!!!!!!!!!!!-ENJOYING THIS ONE

debts: will aim to pay off avon
next
catalouge
and reduce credit card to £1500 next payday (26th)-this will be difficult and prob wont happen but will do my best!!!!!!!!!!!

second_chance

REVISED..
wages: mine £1400 (at least )
hubby [STRIKE]£1120[/STRIKE]£11172(BIT MORE THAN I THOUGHT!)
tax credits £35
child benefit £69
total £2676 + AVON EARNINGS

outgoings :
mortgage: £1149
contents ins: £35
life/sickness ins : £90
aol :25 (am going to try and reduce this)
pension :£45
accident ins : £25
o2 : £50 (for two mobiles until sept trying to reduce this)
water : £35
rcn : £14
council tax : £88
tv licence : £12
car payment : £215 (0% until may 2009)
car insurance : £30
xmas vouchers : £30
aol phone : £10
nursery : £200
gas : £40
electric: £40 would like to combine these on dd if cheaper
shopping: £160
diesel :£45 was £90 going to try and reduce
birthdays :£17
car service:£13
car tax : £14
landline rental :£15
dentist :£10
baby clothes etc :£15
[STRIKE] hair : £10[/STRIKE] I KNOW SOMENOE WHO WILL DO FOR FREE
saves :£25 (OR WHATEVER I EARN FROM AVON)

total: [STRIKE]£2520[/STRIKE] £2447
the wages i have stated are basic my husband does get the odd bonus and does extra work occassionaly,mine also basic on an average month it is between £1450-90 but thought t was better to state the least

second_chance

IM SORRY I KEEP GOING ON AND ON AND ON AND ON I JUST FEEL BETTER WHEN I WRITE THINGS DOWN AND SEE A PLAN.......
IM NOW ON NO SPEND DAY 3
NO WINE DAY 3
HAVE FOUND A FARMERS MARKET STARTING IN MY AREA END OF JUNE SO WILL TRY THERE FOR VEGGIES ETC
NOT USING TUMBLE UNLESS URGENT
USUALLY WE WOULD SPEND OVER £50 A WEEK ON TOP OF SHOPPING ON RUBBISH SO THINK WE ARE DOING OK - AM GOING TO KEEP COUNT FROM MONDAY TO SEE HOW MUCH WE SPEND IN A WEEK COMPARED TO USUAL:........I KNOW YOU THINK IM BUT I WANT TO GIVE YOU ALL BIG HUGS X X X X X X X

chivers1977

Best of luck!!:beer:

second_chance

chivers1977 wrote:

Best of luck!!:beer:

IM JUST TRYING TO BE HONEST WITH YOU ALL I COULD EASILY PRETEND THAT I HAVE CHANGED MY MIND AND JUST CARRY ON BUT I WANT TO CONTINUE WITH MSE AND TO GAIN YOUR HELP AND SUPPORT SORRY IF THIS SOUNDS VERY SELFISH BUT I HAVE FOUND IT HELPS EVEN THOUGH I HAVE IN EFFECT GONE AGAINST YOUR ADVICE.:o .....................
ITS SO HARD WHEN YOU HAVE CHILDREN ISNT IT ALWAYS STRIVING TO DO YOUR BEST FOR THEM....I AM GOING TO KEEP MY EYES OPEN FOR ANOTHER JOB EVEN THOUGH I ABS LOVE WHAT I DO I CAN EARN AN EXTRA £200 PM IN THE NHS..THE PICCY OF YOUR BABY IS SOOO GORGE IT MAKES ME SMILE AND CHEERS ME UP WHEN I SEE IT