Hypno's "no more boom or bust" diary

urg123

Good morning and Happy November everyone.

Really glad you're going on holiday Hypno - knowing you, you'll come back in profit!!!

I seem to have had more good luck on BB - £50 on Friday and £10 this morning. Although I did spend £150 on much needed clothes and shoes yesterday .

I need to go and think about my November goals as I really haven't achieved much for my October goals.

Off to have a shower and then a lovely day of ironing to catch up on!!!

Double_Trouble

hypno06 wrote: »

Just what are you trying to say, Mrs :rotfl:

I was just pointing out that if she shared her words of wisdom on here over the weekend as you so kindly do that she would reach her next star :rotfl::rotfl::rotfl:






























phew I think I got away with implying that Hypno spends all her time waffling on here;)

savingholmes

free game on kjp

hypno06

I have officially joined the PAD thread - basically, as I no longer spend on coffees, I should put that amount of money away, using it to pay a chunk off the debt/mortgage in due course, or using it for something big like days out in the summer hols etc........

My rule is that it has to be extra to the normal payments, and in addition to the MSE stuff that I would pay off the debt anyway - so it has to come out of the budgets or be found some new way.......

But of course the joy of PAD is that every 1p counts, so even if I only pay/save 1p, it is all good

hypno06

Being bored/tired/not inclined to do the ironing, I have been playing with the snowball calculator :rolleyes:

I have worked out, that if I had done my mortgage on a repayment basis when we moved in, rather than the interest only option, we would have repaid over £25000 of it in the six years we have been here.

Our mortgage would be at £149,160 rather than the £175,000 it currently stands at! Quite a difference, but of course we wouldn't have had so much available to meet the other payments, so not too much point in playing "what could have been"......

So the aim is to "catch up" and to overpay by sufficient amounts in order to put ourselves back where we should have been". We are now on a repayment again, and with the MFiT challenge, we should be where we need to be within the next three years.

savingholmes

Good luck with that hypno! Our mortgage is £151K about £500 less than when we moved in 3 years ago LOL

Well I won a free game on kjp so now got stake back plus £1 profit - every little helps

taka

Ahhhh I thought that was you!... Free next game

hypno06

I don't like the fact that our mortgage has been I/O for so long, but hey ho, with so much other debt there really wasn't too much choice at the time.......so, looking forward rather than looking back, I am going to whoop its a*$e

savingholmes

I think that is the right attitude!

Seaxwyn

I don't like the fact that our mortgage is I/O only. We bought the house with a £134k mortgage in 2001, now it's at £154k, how rubbish is that?! I feel like I'm having yet another lightbulb moment. We definitely need to start paying the bl**dy thing off.

You are so inspiring hypno!