2010 MF Wannabes

jacqhale

No 32 checking in for February - another £200 overpayment come off the mortgage today with our regular payment.

I've also put another £200 into the savings account which now stands at £1100 - to be paid off on the mortgage if we don't use it whilst I am on maternity leave.
Quite pleased to make that extra payment as we have also managed to have a fab holiday in Dubai last week so we seem to be getting the balance right between saving and living!!

Good luck all for the rest of the year x

fluffysox

Hello All,

Well I just couldn't resist pushing the OPs this month to a round £2000.

Checked balance and since there is no Council Tax- thanks for reminding me of that everybody;)- I just rounded the number up a little so I won't miss it but I can feel chuffed with the nice rounded total.:D

This means 22% of the annual target has been achieved so far- so a promising start to 2010. I know we won't be able to OP as much once building work recommences later in the year so I'm determined to make a dent now while I can.

Good luck fellow OP addicts!:rotfl::rotfl::rotfl:

sassyblue

How is everyone getting on with saving in other areas?

I ask because l'm astonished at what we can save by really thinking about next weeks meals, buying a joint and getting another one or two meals out of it, etc.

The freezer is actually fuller too because it's full of extra meals waiting to be had!!

I probably spent around £80 a week before now l'm spending an average of £40 per week for 3 of us :T the only difference l've noticed is not as much 'snacky' stuff (expensive) but lots more fruit (cheaper and healthier)

DisgruntledGoat

£200 overpayment today, first this year - not much in the grand scheme of things, but January saw the washing machine and dishwasher self-destruct in rapid succession, and replacements for those have been using up spare cash. Onwards and downwards

zavarony

Hi all,

Just reporting my Feb OP of £42.35 so far. Have had an expensive start to the year so am way off target! Hopefully the DIY will be done soon so will hope to catch up over the rest of the year - especially if OH can pick up some extra work to make up the shortfall!

Zav

miss_undastood

I've decided to increase my savings instead of pay off the mortgage for now. I can bet a better savings rate so it sounds sensible right?

I'm going to continue to op by approx 250 pm but put everything else into a bond or something for 12m.
Then when rates rise I can make a lump sum reduction and so long as savings-debts gets closer to zero or a positive value then I'm ok aren't I?

Cake is it ok to continue to track my savings even if not strictly going towards the mortgage?

cake21

miss_undastood wrote: »

Cake is it ok to continue to track my savings even if not strictly going towards the mortgage?

Most definitely! :money:
Well done everyone! :beer:

cha97michelle

Feb overpayment of £556.74 to report. I'm really pleased with that as i didn't think we would manage anything but the tax rebate helped. I need to send a bit more to savings too i think, but next payday and warmer weather just around the corner to help me along.

I need to catch up how you are all doing.

Michelle

cake21

.....................................2010 OVERPAYMENT TARGET JANUARY TOTAL YEAR TO DATE (spreadsheet version here)

1. cake21 - £10000 / £4904 / £4904
2. cha97michelle - £5000 / £206.04 / £206.04
4. someday soon - £6500 / £881.47 / £881.47
5. wantabetterlife - £5000 / £310 / £310
6. pammyj74 - £3000 / £533.2 / £533.2
8. oscarbobbins - clear mortgage in 3 years / £3214.06 / £3214.06
9. pollys - £5000 / £1000 / £1000
10. pigtails_21 - £3500 / £250 / £250
11. gallygirl - £25000 / £2892.59 / £2892.59
12. violetblue - be mortgage-free! (£4000 OP) / £700 / £700
13. chirpchirp - £13200 off mortgage, £9500 in savings / £1858.41 / £1858.41
14. SOandSO - £20000 / £1600 / £1600
15. Lynn11 - £4100 / £350 / £350
17. wynnvegas - be mortgage-free! (£22440 OP) / £1835.13 / £1835.13
18. golfiematt - £2000 / £500 / £500
19. uzubairu - reduce mortgage to £65000 (£10000 OP) / £1000 / £1000
20. Little Mama - £5000 / £280 / £280
22. FlowerPower - £4000 / £500 / £500
23. gratefulforhelp - £3000 / £910.9 / £910.9
25. Sleepy head - £10000 / £400 / £400
26. waughc01 - £10000 / £5750 / £5750
29. financialbliss - £6000 / £500 / £500
30. black taxi - £7200 / £1500 / £1500
31. Thriftyknickers - reduce mortgage to £120000 / £500 / £500
32. jacqhale - £3500 / £200 / £200
33. elliemoo - £5988 / £499 / £499
34. jo_assisi - £1800 / £85 / £85
35. Topaz7 - reduce mortgage by £30000 / £2100 / £2100
37. ironman1 - £4000 / £242 / £242
41. Kerry Woman - £1500 / £300 / £300
42. ajmoney - £1200 / £139.76 / £139.76
43. taka - £2000 / £120.46 / £120.46
44. Ayeshalush - £5000 / £2403.78 / £2403.78
48. SmileyG - £2760 / £250 / £250
51. Di-Dough - £2000 / £126.93 / £126.93
52. fluffysox - £10000 / £200 / £200
54. Kerfuffle - £2010 / £464.55 / £464.55
55. bee78 - £3000 / £100 / £100
56. narnie1 - £11000 / £900 / £900
61. kazvinny - £1200 / £100 / £100
65. Kazby - £10000 / £1080.94 / £1080.94
66. puddle96 - £12000 / £1002.43 / £1002.43
67. SwitchyChick - £18000 / £1479.07 / £1479.07
68. zavarony - £5000 / £40.94 / £40.94
69. LilacPixie - £1200 / £16.35 / £16.35
70. sheslookinhot - be mortgage free! (£5000 OP) / £690 / £690
73. Barny1979 - £10000 / £2538.42 / £2538.42
74. rsdiscos - £999.75 by 14/7/10 and £7220 by 31/12/11 / £106.5 / £106.5
79. wabbits - £12000 / £1000 / £1000
80. DIYPhil - £5000 / £269 / £269
81. abouttimetoo - £9600 / £800 / £800
82. CrushedKitten72 - £700 / £80 / £80
83. jaywhoopee - £3600 / £313.57 / £313.57
84. zebedy - £6000 / £1000 / £1000
85. vandanfc - reduce mortgage to £77999 / £887.05 / £887.05
86. beniamino - £14400 / £1415 / £1415
87. sassyblue - £5000 / £1029 / £1029
89. 02skn - £6000 / £543.42 / £543.42
90. kizzie01 - £4200 / £221.82 / £221.82
91. AvidSaver - £2200 / £400 / £400
93. ekroys17 - £6000 / £572 / £572
94. Mr Pickwick - Completely clear £27,666 mortgage (£23573 OP) / £2120.84 / £2120.84
95. NoobySaver - £6000 / £110 / £110
96. Needhelpsaving - £1000 / £180 / £180
97. Moniker - be mortgage free! (£6000 OP) / £500 / £500
98. Sunny Donny - £500 / £40.77 / £40.77
99. wilsons - £1200 / £283.15 / £283.15

cake21

100. Indigo899 - reduce mortgage by £12000 / £1250 / £1250
101. miss undastood - £7200 / £597.46 / £597.46
102. canne - A$13000 / A$1477.04 / A$1477.04
103. Gazella77 - £4000 / £630 / £630
105. prudence41 - £6000 / £500 / £500
106. amberene - £5000 / £50 / £50
107. Gargola - £20000 / £12100 / £12100
108. k2tog - £2500 / £266 / £266
110. Lo-Lo - £5000 / £500 / £500
111. Poppycat1 - £6494.97 / £117.61 / £117.61
112. poppyoscar - £3000 / £732.47 / £732.47
113. SalsaDanca - £8500 / £2061 / £2061
114. Z1ppy - £40000 / £25500 / £25500
115. wannasavemoney - reduce mortgage by £7948 to £80000 / £774.1 / £774.1
118. alli_baba2 - reduce mortgage by £9000 / £1068.75 / £1068.75
119. fieldofdreams - Completely clear £22500 mortgage! / £400 / £400
120. Spartacus_Mills - Completely clear £10800 mortgage! / £40 / £40
121. vwchris - £14500 / £2500 / £2500
122. NellieB - £3000 / £250 / £250
124. rumncoke - £12000 / £1237 / £1237
126. chelly78 - £1700 / £216.28 / £216.28
127. moggyr - £3000 / £100 / £100
128. froddington - £3000 / £365 / £365
130. azza2007 - £5000 / £500 / £500
131. belfastgirl - £7500 / £625 / £625
132. DisgruntledGoat - £4000 / £250 / £250
133. BARGAINHUNTER! - £4800 / £814.39 / £814.39
134. nje24 - reduce mortgage to £98,000 / £305 / £305
135. tiredredhead - £4000 / £707 / £707
136. pineapple_beach - £12000 / £2618 / £2618
137. weegie-dfw - £5000 / £30 / £30
138. anthonini - £4500 / £250 / £250
139. curlygirl1971 - £2000 / £205 / £205
140. crystaltips_68 - £2000 / £170 / £170
143. lfd706 - £14000 / £4000 / £4000
144. HarveyGal - £10000 / £536 / £536
147. jenny_13 - £3500 / £235 / £235
149. skaps - £700 / £0.11 / £0.11
150. mummyofonechild - mortgage-free by 2012! (£1200 OP) / £100 / £100
151. bnoc - £9000 / £43.39 / £43.39
152. manchester1980 - will confirm / £10 / £10
155. Nidge - will confirm / £500 / £500

TOTAL - £902,201 / £123,221 / £123,221