Pay off mortgage and start having fun!

newgirly

I don't think there is such a thing as perfect house and neighbours, my parents have a lovely big house in a nice road and live next door to a bloke who has bonfires all the time and sits round them all night drinking.

diable

newgirly wrote: »

Oh, they look lovely !

My tiles were a £9.50 box , for dh to tile the bar (:o and double :o) in the log cabin.

The Only Way Is Essex ;o)))))

newgirly

I know , I know. I really am not that bad.

I just have an oh with bad taste, except me of course

newgirly

Whoops, I've been through my current account and worked out how much I am short by to pay for the big diy shop yesterday, plus extra petrol this weekend and its £115, which would be covered by my next wages and tcb payout, if it hurried itself along a bit.

I should not be using that as its for op's, but seen as I've op'd £500 from the log cabin budget (without dh knowing ) I've come unstuck.

So all that money spent and only £10 in my purse until next month.I will have to borrow from next months money as I need to get lunchbox stuff for the kids going back to school. Good job there is not long left this month.

The boys had a great time at a rifle shooting party today, it was so hot the car was showing 36 when we arrived there. It has caused a problem though as I have nothing to wear, everything is too tight and I am not losing any weight, largely due to the fact I can't stop eating.:( I half heartedly started the milkshake diet earlier this week but soon gave up, I think I need to wait until they are all back at school and work and its not so manic, I definatly eat more when stressed out.

I'm going to update my april op on cakes mfw challenge, it seems a bit confusing at the moment as so far this year my ops have been spent on the log cabin and bathroom (was origionally loft savings), so june onwards should be real op's. I should have changed the op target really as some has gone on the log cabin and some on op's, I should have listed them seperatly.

I need to get myself a lot more focused on earning it not spending it at the moment. I have been struggling the last few weeks trying to do food/petrol/easter entertainment and 3 birthdays on £10 a day, then I realised that I only usually have £333 per month which is about £11 a day. thats a very depressing thought :cool:

newgirly

Ah, I've deleted yet another post.

Lunch at my aunt's today, plus my dad came and filled my car with half a tank of petrol before we went, which was a nice surprise.

I have just spent a few hours in the hot tub with dh chatting (me, not him!) about being MF. He would love a sports car, so I'm trying to persuade him that its best to wait until we are mf then he can buy something really nice that he would otherwise not be able to afford.
Over lunch I was also saying to my dad how I would like to get a caravan when we have paid off the mortgage, and he said what a waste of money they are, which I know is true, but if we have paid off everything else then there will be quite a lot left each month, (around £1700). He laughed and said we will see if you pay it off, we still have a huge mortgage left so I'm not sure how you will do it.

I know he would be genuinely pleased if we did pay it off but I still get shocked by how my parents manage their finances, they are very well off but still have a mortgage and always have new cars on finance etc. Its made me even more determined to get rid of the mortgage and op, regardless of what everyone else is doing.

pammyj74

Its amazing how people with money still borrow. I can never get my head around that. Do they not realise about how much interest they are paying more? Of course they must with you as a daughter
I have told my sister who started her mortgage journey in Jan to start young, she is only 23. Once she is sorted in the house and has gone back to work (on mat leave) then she should try and OP when she can so she would be in a much better state to progress to bigger and better I hope she takes my advice. I wish someone had told me 10 years ago when I got mine first! I'd be laughing now instead of crying

newgirly

I don't talk that much about it to anyone else, except dh who doesn't really listen!

It does get me down sometimes having such a big mortgage as we kept borrowing from the equity, it was only 90k 10 years ago, now its over £150k. Life could have been so much easier now, if we had'nt been so stupid.
One of the things that worries me though is doing all this scrimping while we have the kids , then becoming mf when they hit adulthood. I wonder if I should be spending a bit more on holidays and days out as they are nearly 11 x2, and nearly 14, and soon will be growing out of doing stuff with us.

whatever I do i feel guilty

pammyj74

I know what you mean, its almost like I am scrimping now to have a better life when the kids leave home. We do still do stuff and have holidays but I still begrudge spending and they prob do miss out on stuff. I just tell my self its there inheritance at the end of day that I'm working off lol

CathT

I like both of you wonder if DD and us are missing out on things but if i look at the 10 year plan it means we can both be around more for the future and start saving for their futures too.

We have friends who have suggested when we debated whether to move house "oh, just put the mortgage over 40 years, you're young enough" the thought of paying a mortgage in my 50's and 60's fills me with dread! I am nearly 29 and as things stand we have 18 years 9 months left which still feels much too long.

AuntieMabel

Hi newgirly,

I have read your diary for ages (no, I'm not a stalker) and have finally started my own :wave:

I know what you mean about the spending habits of others, including those old enough to know better (parents!). If it were me, I would take your dad's comments as a masive inspiration to get your mortgage paid off and be MF whilst he's still paying his off along with his latest new car finance!

I also agree about not really talking to anyone else about being MF cos they think you're odd. A friend of mine has very lavish spending habits and thinks I am such a tightwad cos I am perfectly happy wearing the clothes I've got and not feeling the need to buy make up and handbags all the time. I have loads of clothes I've bought over the years but I tend to go for 'classic' things rather than high fashion so they don't really date. Also I am happy to buy second hand which she would freak at if she knew. She just sees the reasonable income she knows we've got and can't understand why we aren't spending it all the time.

A colleague of mine pays massive £600+ OP on her mortgage every month but then has to put things on CCs (and not 0% ones) cos she's skint. But she can't see that this is such a waste as she is SO fixated on being MF.

Each to their own I suppose.

Mabel