Hurdler's Race to be Mortgage-Free

Hurdler

edinburgher wrote: »

Sorry to hear you've been feeling a bit down in the dumps, we invest so much in paid work that it can be a right PITA when it does annoying things. On the positive side, you have choices and that's fantastic, even if only some of them are realistic...

£40 for a taxi in London doesn't sound that bad, allowing for inflation since we lived there. Was it a black cab? What should it have cost?

Never mind about the chippy - fish finger sandwiches are practically soul food

Cheers Ed - appreciate the thoughts.
The cab was fro Richmond Station to my house - should be £13!!! we ended up driving through Twickenham because of roadworks!!! GAH!

Hurdler

Went to see great pal at the weekend after the disappointments of this week - she has survived her third redundancy of her career... and made me realise that as crushing as the loss of two grand slams were for me to cover this week, I have a well paid job writing and that allows me to watch tennis all day.

When I read back over my diary and a lot of the self-doubt when I was being mucked about by nefarious editors... I am thankful, especially as I paid 3x Mortgage payment and a month's projected interest of £63 (taking into account the OP and the normal payment).

So onwards and upwards... oh and to build up a CV with the skills I have gained from this job to get a role with more reputable sports reporters at some stage!

Day off tomorrow so I will update houses galore!

Hurdler

:www: MFW Wonderment - Housey Housey Housey Piggy!

Decided to make my overpayment on the 6th - 3x payment + £63 interest for April - I had the money and felt it would be better to do it now before I tackle the work stuff.

Had an NSD on Monday, £3 on parking today for the gym.





Green cash funds down by £1000 to pay for MOT and tax

For once I am not so beat on a day off that I am trying to get a load of stuff done today

Included the BTL because the Financial Advisor wants me considering that as part of my "retirement" strategy!

Vernon is looking a little "lean" but he has enough to cover the redecoration and now some loft insulation that will hopefully set the house up for much less heat loss when winter rollws around again... Taking advantage of a scheme to get insulation done at a discounted rate before the winter.

Next - business expenses!

Hurdler

Drat drat and triple drat! I got hoofed out of my accountancy system half way through catching up with expenses and so went off to enjoy my evening. Came back, checked it could log in and saw that since doing my bank reconciliation I now owed an extra £200 or so towards Corp Tax.

Luckily I left an extra £250 in the buffer in the current account because I have pension payments coming out now and soon business broadband so I will have to claw some of that back! Rookie mistake but better I suppose that paying myself the buffer and savings as a dividend and being saddled with a MAHUSIVE bill!!! But still - mehhhhhhhh! :mad:

Always annoys me that the system tells me I could pay myself a huge amount as a dividend but that includes the buffer I have put aside and the money I have put aside for VAT and CT! Thank heavens for MSE forums and my paranoid need to have my behind adequately covered!

Hurdler

With some shuffling of finances and a handy gift from other Mother Hurdler - I am actually Mortgage Neutral, and will be topping up the ISA in July to half the new limit (the rest to be fed into a Stocks and Shares ISA)

So new housey housey - and I guess now I can start to slowly "offset" against the BTL as per Financial Advisor's long term plan!

Of course I could have that all wrong!

Hurdler

I am a bit of a dunce (no really, don't all rush to agree...) I keep forgetting that as the mortgage comes down and as I hoofed my pension payments to the business account, I can lower my emergency fund.

Uber finances to be done on Sunday so will adjust then ... Sometimes I can be quite clever. Today was not that day!

Lois_E

You are mortgage neutral!!! Well done Hurdler. :T:T:j:j_party__party_:dance::dance:

edinburgher

Sometimes I can be quite clever. Today was not that day!

Realising that you have more money than you thought is very much a first world problem

If that's the worst thing that happened yesterday, count yourself lucky!

Supermaxilogicalcongratumalations on being mortgage neutral, it's a great achievement.

Hurdler

Actually Edinburgher - my mangler was all jumpy-mcKangaroo-Hoppy over the black art of SEO Optimisation and was bombarding me with emails about emails... it was a day where I prayed my Broadband would crash. Instead it stayed resolutely on!

Never mind - today I should have the new business line (and found out from a friend in the know that not only to BT allow a little more beef on their business lines than they do on their residential lines, but they also send me a very different router to the ones the residential folk have... so hopefully that means then when they FINALLY get round to upgrading my exchange of string and tin cans to fibre I already have the new fangled gubbins.

It is a great feeling being mortgage neutral, but I am also vey very lucky that my late father made excellent provisions for my mother, and that I have just benefited in some bonds coming good and she has gifted me some of the money to fill up the April allowance. She doesn't have to, but she figures that I would do anything to make sure she's ok when it comes to that time, so she's happy to help.

Actually she's a bloody marvel - at times she'll pick up our combined shop at Mr T (I use up all my vouchers so we get it nice and cheap) so she figures if she can help while she is still around, especially where property is concerned, then that's what the old man would have approved of.

Then again, we can only really spend a few days in each other's company before wanting to bury each other in the back garden! :rotfl:

But without her I couldn't have reached this milestone... :beer:

Tilly_MFW_in_6_YRS

Brilliant news and what a fab mum you have :T