2012 mfw

curlygirl1971

Sue_Donim wrote: »

Hi, please could I join? Aiming for OP of £12,000 in 2012

Love your MSE name!

Spiggle

Bumpity bumpity bump, bump, bump!

All the best,
Spigs

Southernman

I want to join in! I've no idea how people can overpay by so much! Are most of you joint mortgage holders so two of you are saving away?

Anyway!

My plan for 2012 is to overpay by £3000, i know i'm due a bonus so will probably put around £800 in February and overpay £75 a month as a general amount. Hopefully a few bonuses throughout the year will put me in good stead for my target! Although you can never predict what the future holds!

icontinuetodream

Southernman wrote: »

I want to join in! I've no idea how people can overpay by so much! Are most of you joint mortgage holders so two of you are saving away?

Anyway!

My plan for 2012 is to overpay by £3000, i know i'm due a bonus so will probably put around £800 in February and overpay £75 a month as a general amount. Hopefully a few bonuses throughout the year will put me in good stead for my target! Although you can never predict what the future holds!

Hi southernman and welcome aboard!!!!:wave: We are joint mortgage holders, so yep, two incomes paying it down but....doesn't matter how much you are paying off....it's just the fact you are!!!! It's all about wanting to make the op's and doing what you can to make that a reality.....there are lots of people on the boards, everyone has different mortgages, incomes, expenditures and goals, but the one thing that unites us all is the desire to be mortgage free

LavenderBees

Southernman wrote: »

I want to join in! I've no idea how people can overpay by so much! Are most of you joint mortgage holders so two of you are saving away?

Nope - just me in my household. The cats contribute nowt :rotfl:. Making sacrifices, working hard...budget budget budget. May not reach my target but will make a damned good attempt to.

Everyone's circumstances will be different, but all have the desire to overpay something, big or small. That's what makes it so interesting.

Good luck to all. I hope you'll share some of your stories of how you're managing to save the pennies to help you save the pounds.

L x

madeupname1

Southernman wrote: »

My plan for 2012 is to overpay by £3000, i know i'm due a bonus so will probably put around £800 in February and overpay £75 a month as a general amount. Hopefully a few bonuses throughout the year will put me in good stead for my target! Although you can never predict what the future holds!

Hello Southernman! Glad to see you are joining us :beer: I have added you as 2012 MFW number 78 with a target of £3000. The great thing about the thread is that everyone does their own thing - they set their own target for overpayments taking into account their own personal circumstances. The thing we have in common is the aim to hammer down the mortgage as soon as possible within our own terms.
Anyway - look forward to seeing your updates during the year :T

madeupname1

icontinuetodream wrote: »

Hi southernman and welcome aboard!!!!:wave: We are joint mortgage holders, so yep, two incomes paying it down but....doesn't matter how much you are paying off....it's just the fact you are!!!! It's all about wanting to make the op's and doing what you can to make that a reality.....there are lots of people on the boards, everyone has different mortgages, incomes, expenditures and goals, but the one thing that unites us all is the desire to be mortgage free

hello i continue to dream. Your signature suggests you have made a payment of £828 towards your 2012 MFW target. Is that right? if so I need to update the spreadsheet for you!

Southernman

I'm 22 so people are really surprised about me overpaying but it's all about a happy balance! I still have money left over for general savings and fun too!

Something i learnt recently is that with Natwest you can overpay through online banking and there is no minimum amount. Looks like i'll be raiding the pennies and silver jar i have!

Southernman

oops fail post

LavenderBees

Southernman wrote: »

I'm 22 so people are really surprised about me overpaying but it's all about a happy balance! I still have money left over for general savings and fun too!

Something i learnt recently is that with Natwest you can overpay through online banking and there is no minimum amount. Looks like i'll be raiding the pennies and silver jar i have!

I REALLY wish I'd known about overpayments at such an early age. Having said that, for years I could only just afford my mortgage payment so an overpayment would have been fantasy land! I only discovered about overpayments this last year! Better late than never though!

Keep focused but you're right, life is about having fun too. Fun doesn't need to cost a fortune.

Best of luck

L x