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Pay off mortgage and start having fun!

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Comments

  • themadvix
    themadvix Posts: 8,876 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    Good job on the positives!
    Mortgage free 16/06/2023! £132,500 cleared in 11 years, 3 months and 7 days

    'Now is no time to think of what you do not have. Think of what you can do with what there is.' Ernest Hemingway


  • XSpender
    XSpender Posts: 3,811 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    So sorry to hear about the job losses and the tough time you are having.  Keep on keeping on.  My white roots will be down to my ears if we go into lock down!
    Save £10,500 - £2673.77 - 25.5%
    Pay off £7000 - £1743 - 19.4%
    Make £2021 extra income - £99.75
  • South_coast
    South_coast Posts: 5,932 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    You're right, other than food and bills there's not much you can spend on any more. Not really any need for petrol either as there's nowhere to go
    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
  • themadvix
    themadvix Posts: 8,876 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    Assume it’s only 60% wages because of the cap? I’m sure they’ll have to pay all that they receive for wages out to you - govt is paying it out to keep people out of poverty.

     Glad you’ll have DS2 and GF with you to keep you company! And the menagerie - you’ve just got to keep the cat out of their room now, or there’ll be more Coronavirus-related deaths! 
    Mortgage free 16/06/2023! £132,500 cleared in 11 years, 3 months and 7 days

    'Now is no time to think of what you do not have. Think of what you can do with what there is.' Ernest Hemingway


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