Thats another fine mess I got myself into

REDMADCURLS

Thank you for that WooWoo

REDMADCURLS

I knew I had said thank you to WooWoo, just couldn't see where

REDMADCURLS

So spent 4 hours playing with snowball!!!

And the outcome is.........at least I was right paying Richardo first!!

Debt Free Day - March 2013 ( I will be 45!!!) and thats with paying £1500 towards debt, now that is only possible by reducing mortgage to interest only -'saving' of £415!

This month I paid £1460.60 in debt plus arrears - but remember mum gave me £1000 towards getting all od/on o/d sorted so it was a false economy! If I reduce mortgage to interest only that means I have £415 to work with, which should allow me to meet the target of £1500

I also managed to transfer £385 from ebay/amazon sales (most of which went to paying arrears) I dont expect to make this amount every month but if I have worked this right - any extra from ebay will go to emergency savings -

OMG does that mean I could have a savings account with real live honest to God money in it - for spending on things, real things, and not be sh**ting it when insurance/car tax/xmas comes along!!

And if all that works - I could nearly call myself a responsible adult!!

REDMADCURLS

Mortgage sorted - interest only = £445.11 (£415.80 saving)

If I pay interest only for 12 months - I will only have to increase payments by £30 from what I was paying last month (£860.91) to ensure mortgage will end on same date - in other words 'borrowing £415 per month is costing me £30!

I am a happy girl! If this works I will end my 'relationship' with Ricardo in September!!

Woowoo

That really made me laugh seeing thanks 3 times!

Fantasic news on being able to change your mortgage to interest only and a debt free date of March 2013 is amazing, was that much better than you hoped for?

You'll be overtaking me if I don't watch out!

September will be here before you know it and Richard will be toast!

REDMADCURLS

Yeah thanked 3 times - shows you were my head is - but you gave me the opportunity to play all afternoon so for the 4th time thanks!

I hadn't dared to look at dfd before - so I am pleasantly surprised but most of all delighted that someone else has worked out how much I should pay monthly to stay on top of my game!

Herewego

WOW I am so impressed what a way to start your break and knowing it will come to an end really pushes you on well done for biting the bullet.
Well done on sorting the mortgage if it gives you some beathing space its just what you need.
How has DH taken the news or is it our little secret
Be back later must get some ebaying done

Desperate_to_be_debt_free

Well done Red, your so focused x

taxi73

Good news on coming up with your plan and a debtfree date...well done.

Herewego

How on earth did we list all that stuff on ebay, I just cant get motivated I feel a new challenge coming on, what do you think ?
How's the no smoking going, I found at the start everytime I wanted a fag I had an apple it just kept my hands busy and I got my 5 a day :rotfl: