2010 MF Wannabes

Kerry_Woman

Made my first op today of £300. Well done for everyone who has made an op this month.

someday_soon

Evening All

Seems my phobia of reading the gas/elec meters in case I get a big bill (Is there a support group for this?)has had a positive outcome. Its been 4 years since there was anything other than 'estimate' on either of my bills:o. The fear of the bills contributed I'm sure to the savings over time and may go some way to explaining the vaguely blue colour of my children.

Two cheques on the way for a total of £700. :T as of phone call today. Money to add to the OP pot.

Switched from whoever I'm with to someone else too cos comparison site said I should.:o Absolutely no idea whether I have done the right thing but apparently I'll be getting cashback.

Trying really hard to catch up with you guys on MS knowledge, but mostly stumbling around from one happy triumph to another appaling disaster. Still, having fun though.

Someday Soon

fluffysox

Jesthar wrote: »

*rolls in rather late* Happy New Year!

Another one to add to the challenge, please - I overpay by £150 a month by DD, giving me a £1800 year end target. Works the best for me, as it stops me spending the money on less important things, whilst still letting me save for home improvements. If I *ever* manage to get the payrise I should really get, I'll be able to increase this - here's to hoping!

I have a thread here for anyone interested: http://forums.moneysavingexpert.com/showthread.html?t=1251297

~Jes

Goodness i thought 6am Jan 1st was getting in late from New Year- you must really know how to party lol :rotfl::rotfl:.
You're only late joining this thread when 2010 is over:Tgood luck

skaps

Hi everyone, have sent you a pm cake21 so that i can be added to this challenge.

As you can see from my sig i love challenges. After reading that even a litte overpayment makes a difference, from February i will be making an overpayment of £60 per month. In a way it isn't really an overpayment as i thought my mortgage payment each month was £60 higher than it actually was.

My target is small though its only £660 for the year due to getting married this year and i'm also trying to pay off my CC debts as much as possible. My mortgage is huge so i'll be joining this challenge every year for the next 29 years (actually since im overpaying it may be more like 28!) :rotfl:

mummyofonechild

Hi my target is fairly small compared to some. I have a mortgage of £21000 and would like to overpay by £100 a month. The standing order is already set up. I am also considering cashing in our endowment to be mortgage free by end of 2012.

cake21

Wow, we've still got over a week to go in January and we're already £27,000 ahead of schedule!!! :j :money:Well done everyone, especially those who have managed an OP even with other trials and tribulations this month (LilacPixie and several others!)
Welcome to the new signups :beer:
143 ljd706
144 HarveyGal
145 Mellyd
146 Devils_own
147 jenny_13
148 Jesthar
149 skaps
150 mummyofonechild

Any more?

Lady1981 hope the jobhunting is going well
clearmydebts Congratulations! :j
curlygirl LOVE the brick idea, excluding interest each of my bricks is £3, so even more motivation for those little OPs
someday soon brilliant result with the meter readings

mummyofonechild

Firstly,Thank You Cake21 for accepting my late application. Until the end of 2008 I worked for Woolworths. As you are now doubt aware all employees went through an emotional and financial rollercoaster. 6 weeks later things were looking brighter as I was employed again, strangely enough back in the same office in the same building but for a different company. A year further on I would like to have my mortgage paid off as soon as possible. As it is £21000 I want to cash in my endowment worth £11000 and pay that off leaving a debt of £10000. If I keep my original repayment as it is, overpay by £100 a month and put the endowment payment of £43.32 towards the debt I should be mortgage free by the end of 2012. I will be contacting Standard Life this week to start the ball rolling.

wantabetterlife

That seems like a great plan Mummyofonechild. Goodluck :j:j

mummyofonechild

Thank You. My husband is also disabled so I am the only breadwinner. The sooner the mortgage is gone, the happier I will be

fluffysox

Hello All,

January Overpayment Total = £200, usual direct debit £160 plus I got £30 cashback from moneysupermarket for swapping my energy supplier so I rounded it up with an extra £10.

I had applied to mark A-level exam papers in the summer to boost OP total, got a letter this week saying I've been accepted onto the list but it depends on number of students entered whether I get any work from it. £10000 target may be a bit ambitious without this extra money. Home renovation still not finished so its tricky to know how much money we'll be able to save/OP this year. However since the past two years have exceeded my expectations OP wise, I decide to set an ambitious target.

Well done to everyone who managed to OP anything in January!