Any Single MFWs?

cake21

pencekeeper wrote: »

Yep I'm single, and to be honest it's one of the reasons I want to be MF asap. The security of not having to worry about mortgage debt/repayments is something I dream of <snip>. It's not like anyone else will pay the bills + mortgage if I can't.

I do think that doing it by yourself is an even greater achivement - though to be fair it's easier in some ways in that you don't have to convince your other half/family to have to go without expensive treats etc

This is exactly how I feel

Welcome to the forum by the way Luv2Budget! :beer:

calebdylan

Welcome to the forum. I would like to say you that I am also single and same thing is in my mind. I am bit worried regarding that. But you have done a good job so far. Hope you will be able to pay the outstanding shortly.

WaxiesDargle

paid off every penny of my £130,000 mortgage by myself...still have £11,000 to pay though but have £15,000 in savings...decisions decisions

eco

I'm in the same boat, got £41 grand to pay, only overpaying £80 a month at the moment and will pay it off by the time I'm 50, 14 years to go, I've already cut it by 5 years but hoping to get rid of it a lot quicker than this.

Luv2Budget

Well done fieldofdreams! - I'm sure you will find someone to share it with soon.

Thanks Meames - I'm a bit fortunate to pay that amount because I don't have any other debts and earn a good salary

Thanks for the welcome Cake 21 and Calebdyan

WaxiesDargle - well done that is really impressive - how long did it take you??

WaxiesDargle

Hi Luv2Budget

I got divorced 12 years ago and started again...so 12 years.....:)

I had a little help from part of my final salary pension lump sum ...but I had to pay 11% of my wages every month for 30 years to earn that pension...

having scrimped and scraped through all my life...tis a massive weight off my shoulders to get where I am...life is soooo much better after you ditch the mortgage

Luv2Budget

Hi WaxiesDargle - that is amazing paying £130k off in 12 years and like you said it is a weight off your shoulders. You have so much freedom when you've paid off your mortgage. I like that I'm saving a lot in interest. Hate giving anymore money than I have to, to the banks!

Ada3050

I am single and went mortgage free 3 years ago.

One of the best moves I ever made, while all around me were having their holidays and nights out I was saving my hard earned to clear the debt.

Even better when last september I was made redundant, the worry of a mortgage would have sent me under.

To all you MFW's keep at it, you wont regret it for one second when you get there.

Mortgage_Reduction_Novice

In the eyes of the law I'm considered single... and if often feels like I'm very single when it comes to saving for overpayments!!!

HarveyGal

I am single and hope to be mortgage free in 39 months.
Thanks to everyone for their inspirational posts.