2011 mfw

fluffysox

Hello all,
First OP of 2011 just paid.
Only £50 because we've got a house project going on at the moment so our cash is being used to buy materials and pay our builder. The £50 comes half from Halifax rewards and half from money saved on bargain floor tiles.
Well done to everyone who is able to save / OP anything this month just think how many people are in their overdraft with huge credit card debts after Christmas!

Fluffysox

Baby_steps_2

Hi number 167 here, £338 pounds paid over this month. I am going to need to up that if I have any chance of hitting my target!!

Spiggle

fluffysox wrote: »

... Well done to everyone who is able to save / OP anything this month just think how many people are in their overdraft with huge credit card debts after Christmas!

Fluffysox

Hi All,

Fluffysox I'm afraid we have slipped into the overdraft this month. It's my own fault as I miscalculated the statement date for my Amex and ended up buying our joint Christmas present of a new music system in the Jan sales before the statement date meaning a much larger clearance payment this month than planned for. :doh:

I have been thinking about this and I think I'm going to reduce the scheduled amount for Feb and then catch up on the OP later in the year when we're back on a more even keel.

All the best,
Spigs

black_taxi_2

if its an arranged o/draft should only cost u a £5

im having to go into slight o/draft. but for the first time ever ive managed not to take a loan for my oversea holiday.

my financial situation is slowly but surely getting better---and once im MF i will feel rich

Spiggle

black_taxi wrote: »

if its an arranged o/draft should only cost u a £5

im having to go into slight o/draft. but for the first time ever ive managed not to take a loan for my oversea holiday.

my financial situation is slowly but surely getting better---and once im MF i will feel rich

Oh it is arranged balck taxi and I know it won't cost too much but at some point I want to shift my bank and the couple I fancy would charge a lot more so I'm trying to be very rigorous iyswim!

Thanks for the advice though. :beer:
Spigs

Cortinaa_GTR

MFW 2011 - No.177 checking in with the first OP in 2011 for £700.00

I'm praying that the interest rates stay where they are for as long as possible to help maximise the OP potential. Good luck everyone.

black_taxi_2

official Bank Rate history since 1975

Current official Bank Rate 0.50 (its been lowest in history)(but house prices rocketed--any rise in interest rate hurts alot more)(thats why being MF will be great)

last change 24 months ago

Thu, 05 Mar 2009 0.50
Thu, 05 Feb 2009 1.00
Thu, 08 Jan 2009 1.50
Thu, 04 Dec 2008 2.00
Thu, 06 Nov 2008 3.00
Wed, 08 Oct 2008 4.50
Thu, 10 Apr 2008 5.00
Thu, 07 Feb 2008 5.25
Thu, 06 Dec 2007 5.50
Thu, 05 Jul 2007 5.75
Thu, 10 May 2007 5.50
Thu, 11 Jan 2007 5.25
Thu, 09 Nov 2006 5.00
Thu, 03 Aug 2006 4.75
Thu, 04 Aug 2005 4.50
Thu, 05 Aug 2004 4.75
Thu, 10 Jun 2004 4.50
Thu, 06 May 2004 4.25
Thu, 05 Feb 2004 4.00
Thu, 06 Nov 2003 3.75
Thu, 10 Jul 2003 3.50
Thu, 06 Feb 2003 3.75
Thu, 08 Nov 2001 4.00
Thu, 04 Oct 2001 4.50
Tue, 18 Sep 2001 4.75
Thu, 02 Aug 2001 5.00
Thu, 10 May 2001 5.25
Thu, 05 Apr 2001 5.50
Thu, 08 Feb 2001 5.75
Thu, 10 Feb 2000 6.00
Thu, 13 Jan 2000 5.75
Thu, 04 Nov 1999 5.50
Wed, 08 Sep 1999 5.25
Thu, 10 Jun 1999 5.00
Thu, 08 Apr 1999 5.25
Thu, 04 Feb 1999 5.50
Thu, 07 Jan 1999 6.00
Thu, 10 Dec 1998 6.25
Thu, 05 Nov 1998 6.75
Thu, 08 Oct 1998 7.25
Thu, 04 Jun 1998 7.50
Thu, 06 Nov 1997 7.25
Thu, 07 Aug 1997 7.00
Thu, 10 Jul 1997 6.75
Fri, 06 Jun 1997 6.50
Tue, 06 May 1997 6.25
Wed, 30 Oct 1996 5.94
Thu, 06 Jun 1996 5.69
Fri, 08 Mar 1996 5.94
Thu, 18 Jan 1996 6.13
Wed, 13 Dec 1995 6.38
Thu, 02 Feb 1995 6.63
Wed, 07 Dec 1994 6.13
Mon, 12 Sep 1994 5.63
Tue, 08 Feb 1994 5.13
Tue, 23 Nov 1993 5.38
Tue, 26 Jan 1993 5.88
Fri, 13 Nov 1992 6.88
Fri, 16 Oct 1992 7.88
Tue, 22 Sep 1992 8.88
Tue, 05 May 1992 9.88
Wed, 04 Sep 1991 10.38
Fri, 12 Jul 1991 10.88
Fri, 24 May 1991 11.38
Fri, 12 Apr 1991 11.88
Fri, 22 Mar 1991 12.38
Wed, 27 Feb 1991 12.88
Wed, 13 Feb 1991 13.38
Mon, 08 Oct 1990 13.88
Fri, 06 Oct 1989 14.88
Fri, 08 Sep 1989 13.75
Mon, 04 Sep 1989 13.88
Thu, 31 Aug 1989 13.84
Thu, 25 May 1989 13.75
Fri, 25 Nov 1988 12.88
Thu, 25 Aug 1988 11.88
Mon, 08 Aug 1988 10.88
Thu, 21 Jul 1988 10.38
Thu, 07 Jul 1988 9.88
Fri, 24 Jun 1988 8.88
Fri, 10 Jun 1988 8.38
Fri, 03 Jun 1988 7.88
Tue, 17 May 1988 7.38
Fri, 08 Apr 1988 7.88
Thu, 17 Mar 1988 8.38
Mon, 01 Feb 1988 8.88
Thu, 03 Dec 1987 8.38
Wed, 04 Nov 1987 8.88
Fri, 23 Oct 1987 9.38
Thu, 06 Aug 1987 9.88
Fri, 08 May 1987 8.88
Tue, 28 Apr 1987 9.38
Wed, 18 Mar 1987 9.88
Mon, 09 Mar 1987 10.38
Wed, 15 Oct 1986 10.88
Fri, 23 May 1986 9.88
Fri, 18 Apr 1986 10.38
Fri, 11 Apr 1986 10.88
Wed, 19 Mar 1986 11.38
Wed, 15 Jan 1986 12.38
Fri, 26 Jul 1985 11.38
Thu, 11 Jul 1985 11.88
Fri, 19 Apr 1985 12.38
Thu, 28 Mar 1985 12.88
Wed, 20 Mar 1985 13.38
Mon, 28 Jan 1985 13.88
Mon, 14 Jan 1985 11.88
Fri, 23 Nov 1984 9.50
Mon, 19 Nov 1984 9.75
Mon, 05 Nov 1984 10.00
Fri, 17 Aug 1984 10.50
Thu, 16 Aug 1984 10.75
Thu, 09 Aug 1984 11.00
Wed, 08 Aug 1984 11.50
Wed, 11 Jul 1984 12.00
Fri, 06 Jul 1984 10.00
Fri, 29 Jun 1984 8.88
Thu, 10 May 1984 9.06
Thu, 22 Mar 1984 8.56
Wed, 21 Mar 1984 8.05
Wed, 14 Mar 1984 8.56
Wed, 07 Mar 1984 8.81
Mon, 03 Oct 1983 9.06
Wed, 10 Aug 1983 9.56
Tue, 09 Aug 1983 9.44
Tue, 14 Jun 1983 9.56
Mon, 13 Jun 1983 9.81
Thu, 14 Apr 1983 10.06
Wed, 13 Apr 1983 10.31
Tue, 15 Mar 1983 10.56
Wed, 12 Jan 1983 11.00
Fri, 26 Nov 1982 10.00
Tue, 02 Nov 1982 9.13
Mon, 01 Nov 1982 9.38
Tue, 12 Oct 1982 9.63
Thu, 30 Sep 1982 10.13
Wed, 29 Sep 1982 10.25
Tue, 28 Sep 1982 10.38
Mon, 27 Sep 1982 10.50
Fri, 27 Aug 1982 10.63
Thu, 26 Aug 1982 10.88
Wed, 25 Aug 1982 11.00
Tue, 24 Aug 1982 11.13
Tue, 17 Aug 1982 11.25
Mon, 16 Aug 1982 11.38
Wed, 04 Aug 1982 11.50
Mon, 02 Aug 1982 11.56
Fri, 30 Jul 1982 11.63
Thu, 29 Jul 1982 11.75
Wed, 28 Jul 1982 11.81
Mon, 26 Jul 1982 11.94
Wed, 21 Jul 1982 12.06
Tue, 13 Jul 1982 12.13
Mon, 12 Jul 1982 12.25
Fri, 09 Jul 1982 12.50
Tue, 08 Jun 1982 12.63
Tue, 20 Apr 1982 13.13
Mon, 19 Apr 1982 13.00
Fri, 16 Apr 1982 13.13
Wed, 10 Mar 1982 13.25
Thu, 25 Feb 1982 13.63
Mon, 22 Feb 1982 13.81
Fri, 22 Jan 1982 13.88
Thu, 21 Jan 1982 14.00
Wed, 20 Jan 1982 14.13
Tue, 19 Jan 1982 14.25
Mon, 18 Jan 1982 14.31
Fri, 04 Dec 1981 14.38
Wed, 25 Nov 1981 14.56
Mon, 09 Nov 1981 14.63
Fri, 06 Nov 1981 15.06
Wed, 28 Oct 1981 15.13
Mon, 12 Oct 1981 15.00
Tue, 15 Sep 1981 14.00
Tue, 25 Aug 1981 12.69
Wed, 11 Mar 1981 12.00
Tue, 25 Nov 1980 14.00
Thu, 03 Jul 1980 16.00
Thu, 15 Nov 1979 17.00
Wed, 13 Jun 1979 14.00
Thu, 05 Apr 1979 12.00
Thu, 01 Mar 1979 13.00
Thu, 08 Feb 1979 14.00
Thu, 09 Nov 1978 12.50
Thu, 08 Jun 1978 10.00
Mon, 15 May 1978 9.00
Mon, 08 May 1978 8.75
Wed, 12 Apr 1978 7.50
Mon, 09 Jan 1978 6.50
Mon, 28 Nov 1977 7.00
Mon, 17 Oct 1977 5.00
Mon, 10 Oct 1977 5.50
Mon, 19 Sep 1977 6.00
Mon, 12 Sep 1977 6.50
Mon, 15 Aug 1977 7.00
Mon, 08 Aug 1977 7.50
Mon, 16 May 1977 8.00
Mon, 02 May 1977 8.25
Mon, 25 Apr 1977 8.75
Mon, 18 Apr 1977 9.00
Tue, 12 Apr 1977 9.25
Thu, 31 Mar 1977 9.50
Mon, 21 Mar 1977 10.50
Thu, 10 Mar 1977 11.00
Thu, 03 Feb 1977 12.00
Mon, 31 Jan 1977 12.25
Mon, 24 Jan 1977 13.25
Mon, 10 Jan 1977 14.00
Wed, 29 Dec 1976 14.25
Mon, 20 Dec 1976 14.50
Mon, 22 Nov 1976 14.75
Thu, 07 Oct 1976 15.00
Mon, 13 Sep 1976 13.00
Mon, 24 May 1976 11.50
Mon, 26 Apr 1976 10.50
Mon, 08 Mar 1976 9.00
Mon, 01 Mar 1976 9.25
Mon, 09 Feb 1976 9.50
Mon, 02 Feb 1976 10.00
Mon, 26 Jan 1976 10.50
Mon, 19 Jan 1976 10.75
Mon, 05 Jan 1976 11.00
Mon, 29 Dec 1975 11.25
Mon, 01 Dec 1975 11.50
Mon, 17 Nov 1975 11.75
Mon, 06 Oct 1975 12.00
Mon, 28 Jul 1975 11.00
Mon, 05 May 1975 10.00
Mon, 21 Apr 1975 9.75
Mon, 24 Mar 1975 10.00
Mon, 10 Mar 1975 10.25
Mon, 17 Feb 1975 10.50
Mon, 10 Feb 1975 10.75
Mon, 27 Jan 1975 11.00
Mon, 20 Jan 1975 11.25

fluffysox

Spiggle wrote: »

Hi All,

Fluffysox I'm afraid we have slipped into the overdraft this month. It's my own fault as I miscalculated the statement date for my Amex and ended up buying our joint Christmas present of a new music system in the Jan sales before the statement date meaning a much larger clearance payment this month than planned for. :doh:

I have been thinking about this and I think I'm going to reduce the scheduled amount for Feb and then catch up on the OP later in the year when we're back on a more even keel.

All the best,
Spigs

Easily done, at least it was in the sale and on an arranged overdraft. My OH did his Christmas shopping two days after receiving his wageslip in December not realising the money hadn't gone in yet. (new job after a few months on Jobseekers) Anyway because he didn't have an overdraft arranged, Nationwide charged him nearly £40.:eek: Especially shocking when you realise he was only overdrawn for £35 for 2 days.

SeriouslySeekingtoSave

Well I was supposed to be saving up for an ISA but Santander are just taking too long so I shoved another £800 OP onto my Mortgage. I'll be paid very shortly and it will be a whopper (by my humble standards) so when Mr Santander finally gets his s**t sorted out I should still be able to pay in a sizable first chunk.

Quite excited - less than £3k off my £10k yearly challenge (runs from Sept to Sept). Ohhh, I know I can do even better in the coming months! Goooooo Teeeeaaaammmmm GOOOOO!

galadriel

As payday approaches, I have looked closely at my budget.

I can only make overpayments of £500+ so am transferring my overpayments into a savings account until I can make a payment.

My total for January is £264, this is made up as follows:

Dec and Jan - no water rates to pay - £68
Left in current a/c at end of Dec - £16
Closed an old savings a/c -£180

Have filled in the google docs form.

MFW no 17