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Lois_E begins a long MFW journey

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Comments

  • Go Lois - that's a great milestone to hit :T:T:T
    2004 £387k 29 years - MF March 2033:eek:
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15 :j
  • go Lois! Great target achieved. :T
    MFW Challenge 2019 - £2,420 / £2,420 - 100% :T
  • catshark88
    catshark88 Posts: 1,099 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Mortgage-free Glee!
    :beer:Well done!
    "Have nothing in your houses that you do not know to be useful, or believe to be beautiful." William Morris
  • v1ckyt
    v1ckyt Posts: 320 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Lois_E wrote: »
    Payslip in pigeonhole today as expected, and money in the account.
    Now to play with the spreadsheet.

    ...

    .

    This month's milestone is ...
    Family Loan 1 is now down to £12,000
    :j:j:j


    Well done :T:T:T
  • Well done on attacking the family loan, a good thing to be grateful for today!

    Squirrel
    Paid off mortgage nine years early in 2013. Now picking and choosing our work to fit in with the rest of our lives!
    Still thrifty though, after all these years:D
  • teapot2
    teapot2 Posts: 3,546 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Well done on getting to your target - great result. Did you even take your coat off when you got home before diving into your spreadsheet? :rotfl:
  • skint_spice
    skint_spice Posts: 13,437 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Lois_E wrote: »

    2) Get equity above 76%

    Very close now:j:j
    Mortgage OP 2025 £6250/7000
    Mortgage OP 2024 £7700/7000

    Mortgage balance: £36,210


    Money making challenge £38/400

    ”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)
  • Peonie
    Peonie Posts: 1,471 Forumite
    Lois_E wrote: »
    Targets for the end of the tax year include:
    1) Get "Owed-ISA-EF" down to below £80k
    2) Get equity above 76%
    You can do it Lois, we're all cheering you on. Well done for hitting £12k. :T
    Pots: House £6966/£7100, Rainy day Complete, [STRIKE]Sunny day £0/£700[/STRIKE], IVF £2523/£2523, Car up-keep £135/£135, New car £5000/£5000, Holiday £1000/£1000, MFW #16 £2077/£3120
    MFiT3 #86: Reduce mortgage from £146,800 to £125,000
    Mortgage Sept 2014: £135,500, MF Oct 2035 Peak July 2011: £154,000, MF July 2036
  • Lois_E
    Lois_E Posts: 2,227 Forumite
    Ninth Anniversary Combo Breaker
    Well!

    Thanks for all the encouragement, Alchemilla, catshark, elantan, GG, MWC, Peonie, pink poppy, Radish, Squirrel, skinty, tattycath, Tilly, MM, Vicky and teapot. :D
    Radish72 wrote: »
    So which cell in your spreadsheet tells you the exact amount of money required to get you to 76% equity

    Well, there wasn't one, but in response to your post, I made one! I need another £220.82, so should be possible. :)
    teapot2 wrote: »
    Did you even take your coat off when you got home before diving into your spreadsheet? :rotfl:

    Of course! Plenty of time to take off coat and shoes while the laptop's booting up. :D

    Since then I've been reading and thanking every so often to give me a bit of light relief in the intervals of writing Y8 reports (and feeding my kids, helping with DS's homework, putting in a load of washing etc), and promising myself I could post when they were all finished.
    Well done on attacking the family loan, a good thing to be grateful for today!

    Absolutely. Tonight I am grateful for
    1) My Y8 reports being finished :D
    2) My job - I'm not only grateful that I have one, but that I have one I enjoy and am reasonably good at (I think) :o
    3) Payday today :j
    4) Getting FL1 down to £12k _party_
    5) My Y11 lesson going well today - I was trying a new experiment and wasn't sure if it would work, but it did. :)
    Starting again 13/4/19
    Home loan 1: £21,102.50 Home loan 2: £7,698.99
    Total owed: £28,801.49
  • gallygirl
    gallygirl Posts: 17,240 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Lois_E wrote: »
    Of course! Plenty of time to take off coat and shoes while the laptop's booting up. :D
    You switch your laptop OFF!!!!!!!! Mine normally lives in hibernation in case of spreadsheet emergencies :cool:.
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    :) Mortgage Balance = £0 :)
    "Do what others won't early in life so you can do what others can't later in life"
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