Baileys MF Diary

drewwa

Keep going with the overpayments... It starts small, but it adds up quickly!

Cheers,

Drew.

SeriouslySeekingtoSave

What an amazing bargain hunter you are! Not just in buying your presents early in sales but in all your other ways, making a little go just that little bit further. I could learn a lot from you I am sure!

I agree with you about fixing your mortgage. I'm currently on a tracker but I have a comfortably large buffer between my income and my mortgage outgoings so if interest rates do rise I'd be able to cope. Unless they hit the 17% mark again of course! (But even then I think I would be able to call up the bank of Mum and Dad and beg for a lump sum to put against an offset mortgage or something, it would be damaging to my pride but I wouldn't want to lose my home...) If you are on a smaller wage as you say you are then security is what you need. You don't want any nasty surprises - even if it ends up costing you more as the rates don't rise; knowing that you can meet your mortgage is the most important thing.

Baileys

I have been reading your diarys but haven't been posting - Sorry !

This month I have:-

• Moved onto my new mortgage deal (3.49%)
• Transferred the remaining balance from the 5.9% card onto the 0%
• Paid over £300 off the credit cards (normal payments, council tax savings, loose change & Quidco payment)
• Redeemed £50 in vouchers from Surveys
• Been getting lots of freebies inc the £10 free shopping from Milk&More
• Managed to get my home phone and broadband for £7.50 a month after threatening to leave my current provider

Love the thread about the small MFW things that you have done, as its the little things that make a big difference and sometimes you can forget that.

Baileys

mummalove

Hi Baileys...just come across your diary for the first time...you are my favourite drink btw

Great goals, sounds like you are covering every possible eventuality and taking it slowly but surely...a sure way to progress. I am a MFW in waiting, no overpayments so far just ensuring all credit cards paid off first with a decent amount of savings behind us. But love this forum esp the small MFW things you have done too, it all adds up in our pocket and in no-one else's. It is all about training ourselves how to think before we spend and how to be money wise, that is a big achievement in itself. :money:

Good luck

Sepa74

Hi Bailey, I've just seen your diary, it's great to see all the things you've been doing. It's great you've managed to find 0% credit cards for the card debt, well done!

mortgage_girl

Hi Baileys, i've just read your diary and you're doing brilliantly, well done! :T I have also just bought out my ex and am now tackling the mortgage alone. I'm trying to find as many ways to save money as I can so that I can overpay the mortgage so i'll be watching your thread with interest.

Take care,

MG

Baileys

Hi All :hello:

Thank you for all your replies, I really appreciate the company. I'm still lurking on the forum, wish I could find the time to post on peoples diaries.


Anyway this month I have:-

• Opened up a regular saver (8%) and I've started saving the difference between the minimum payments and regular payments for my credit cards. Plus any other savings I would have normally paid to them. £50 saved so far inc £10 Halifax rewards
• £80 regular overpayment off my mortgage
• Claimed £20 from surveys
• Won £10 on the Bingo

Not much been happening in Bailey's MF world this month, but the savings are mounting up nicely for next month.



See you all again soon, take care

x

Baileys

Hello Everyone

Can't believe another month is over!! :eek:

Anyway this month I have done the following to reduce my mortgage/credit card debt:-

• £80 Regular Overpayment off mortgage
• Paid minimum payments off credit cards
• Saved in Regular Saver (8%) - £30 difference in minimum/regular payments from credit cards, £80 council tax from March, £100 Overtime, £10 Bingo win, £30 loose change.
• Claimed £45 in rewards from surveys (£10 V.O, £20 R.O, £15 Toluna)
• Have been DTD in Tesco's and have had £90 in vouchers so far

Savings mounting up nicely to be paid the end of May again.

It would be nice if I could save up to pay off my credit cards in full as the Regular Saver expires the same time as the 0% rates finish, so thats my little challenge! At the moment I have a £1500 shortfall - its going to be tough but I'm up for it.

Have a lovely bank holiday weekend

Baileys x

Baileys

Hello Everyone

Where is this year going?


Here is my monthly offerings for May:-

• Paid £80 Regular Overpayment off the Mortgage
• Paid minimum payments on Credit Cards
• Saved in Regular Saver (8%) £30 difference in minimum/old repayments on credit cards, £50 Egg Cash back, £10 difference in water bill, £30 loose change, £20 Home Insurance Saving, £50 eBay, £60 savings - Total £250
• Claimed £35 from Surveys (£20 M.S and £15 Toluna)
• Won £50 JD voucher in local competition :T

Savings already mounting up for June - looks like it will be my best month yet!

Enjoy Whit Week for those of you that are off! Until next month....

Baileys x

Baileys

Hello Everyone

Here is my monthly offerings for June:-

• Paid £80 Regular Overpayment off the Mortgage
• Paid minimum payments on Credit Cards
• Saved in Regular Saver (8%) £30 difference in minimum/old repayments on credit cards, £100 Overtime, £90 Half of Home Insurance from OH, £20 Survey Money, £20 Lottery win, £10 Expenses, £50 Car Insurance Saving, £60 loose change, £100 Savings that would have gone into a lower paying account, £10 Halifax rewards - Total £490
• Claimed £15 from Surveys (Toluna)

Until next month....

Baileys x