2010 MF Wannabes

Needhelpsaving

cake21 wrote: »

Nice work, did you want to increase your 'official' target as well?

Go on then - I'll go for the full 1k! That's about all I can afford right now.:o

LilacPixie

I am also looking immensly forward to this challenge. First OP cheque will be posted on 1st Jan 2010. Don't know about everyone else but we pay council tax over 10 months not 12 so we have Jan and feb council tax free so i plan to pay that to the mortgage too.

canne_2

I'd love to join the challenge! (I have filled in the google docs form) One question, is the target amount just the overpayments or all monies paid to the mortgage including the minimum payment?

If just the overpayments my target is 13 000 (Aussie dollars)

If both minimum and overpayments it's 21 814...

Cheers

canne

Kerfuffle

LilacPixie wrote: »

I am also looking immensly forward to this challenge. First OP cheque will be posted on 1st Jan 2010. Don't know about everyone else but we pay council tax over 10 months not 12 so we have Jan and feb council tax free so i plan to pay that to the mortgage too.

That's a brilliant idea, now why didn't I think of that?

I'm really excited now, I was begining to wonder where I was going to get the extra pennies from.

I will check that out this weekend.

Thank you

cake21

Needhelpsaving wrote: »

Go on then - I'll go for the full 1k! That's about all I can afford right now.:o

Yay! :beer:

LilacPixie wrote: »

I am also looking immensly forward to this challenge. First OP cheque will be posted on 1st Jan 2010. Don't know about everyone else but we pay council tax over 10 months not 12 so we have Jan and feb council tax free so i plan to pay that to the mortgage too.

That is a fantastic idea! Now you mention it we have the same with our water - Feb & March water rates free

canne wrote: »

I'd love to join the challenge! (I have filled in the google docs form) One question, is the target amount just the overpayments or all monies paid to the mortgage including the minimum payment?

Welcome no. 102 canne and no. 103 Gazella77 :T
Your target can be whatever you want it to be but we don't normally include the minimum payment. Also some people include any amounts put aside in a savings account being kept to pay off the mortgage later e.g. because their mortgage interest rate is less than the savings or they've reached the maximum overpayment.

LilacPixie

yay I had a good idea. TBH my C tax is £107 a month so £214 is a great start. I need to get over to the up your income board for money making ideas

cake21

Welcome to no. 104. utopiah

prudence41

Although I've been quiet on the forum since the summer (working too hard), I've continued with my overpayments in 2009 and achieved my target at the beginning of December. So roll on 2010. Cake21 - well done for taking on the 2010 roll call and huge thanks to zavarony for completing 2009

HAVE A GOOD CHRISTMAS EVERYONE.

Gargola

Hello!
After a long time lurking I've finally plucked up the courage and would like to join this challenge please.
Little about me: am SAHM to lovely 2 year old boy with another baby on the way - due April. We have a 22 yr mortgage at 0.75% above base rate and have just started to overpay £100 per month.
I feel likeI'vd taken my eye off the financial ball this year and have been overspending on food and bills - so am preparing to knuckle down in 2010 (well - as much as you can do with a new baby!)
So - my target of OP this year will be £15,000 please :eek:
This is a hard target for us but I'm keen to take advantage of these low rates as I'm not convinced they'll last!
Thanks
Gargle

k2tog

Hi all
have just filled in the joining form and have decided on a target of £2500 for the year. I may be able to aim higher when I have got exact figs for amount owed on mortgage but wanted to take the first step.