2020 Vision

OS_QS

Jotting this down to keep me accountable:

Mealplan for the next 8 days. this will take me to Friday 23rd, which is my day off, so will go grocery shopping then and start again.

Wed - Enchilladas + Sweet pot wedges (corn on cob + wedges for toddler)
Thurs - Chipotle chicken bowl (everything bar spicy bit for toddler)
Fri - cauliflower + broccoli bake
Sat - Chipotle chicken burrito + HM guac+ tortillas (defrost mince tonight!)
Sun - lasagne
Mon - Chicken curry and rice
Tues - Im out for dinner with a friend. will treat husband to a freezer surprise!
Wed - Chicken in White wine, rice + sweetcorn
Thursday - Veggi Thai curry.

can't believe there's only two weeks to december! separate to get meal plan under belt so i can try and tread water with groceries and the increase in eating out / functions december brings - don't want to waste good food!

also just remembered that on 30th of Nov, our house insurance is due for renewal, so will go sort out quotes for that...

sorry for bombarding this diary this morning, but hoping to get focused and organised this side of the new year so i have a fighting chance for next year - though as VDOT47 says, i have 27 months - plenty time and no need for crazy money saving.......youre not my husband by any chance :rotfl:

OS_QS

Ok, just signed up for the mfw2019 challenge to try and keep me accountable.

i withdrew from a plummeting share scheme, so put an additional £5k into the mortgage in December, and started the new year with a mortgage figure of.....£39,414.

Have savings of £7000 and £1000 set aside for a tax bill. Hoping to finish January with a mortgage figure of £32,000. that's the goal for the next 3 weeks!

Ive tried to stock up the cupboards (toiletries, etc) and also as of next week do pack-ups for breakfast and lunch. so the grocery spend should reduce a bit.

I've went through all the utilities and getting good value for them all, so no savings to be made perhaps get OH to look at his mobile contract.

maybe do a review of all the streaming subscriptions, we seem to have them all!

OS_QS

savings now only £4k, but mortgage down to £33K!!

have been naughty and booked a long haul holiday for later in the year, but have a few months before balance is due. will keep plugging away at mortgage but wanted to splurge before being tied to the school hols next year!

saver03

I too am trying to find the balance between living my best life, as the kids say, and working on my mortgage. I am 40 this year though _pale_ so I need to get serious.

Good luck with it all, I am sure you can do it :beer:

iquit

:money::money: Amazing, so inspiring. I've subscribed. Cheering you on from the sidelines :T:T:T

OS_QS

:eek:well that's the holiday paid in full! £8000:eek: hope its worth it

made another overpayment to the mortgage, to try and keep the balance - balance is now sitting at £22,800, slightly higher than i wanted to be, as i wanted to be in the £20k's for midpoint in the year, but still a good effort so far

hoping that we can be sensible over the summer hols and maybe make a bit of a saving on childcare.

dano17439

Theres some great numbers here!. <ay I ask what is your contracted payment and do you overpay regular amount or is it different every month? How many years will you knock off your original term if you are MF by 2020?

OS_QS

Just made another payment, spurred my the fact yesterday marked exactly halfway through the year. Have managed to get my mortgage down to £20,300 and overpayments made this year so far to £19,500.


Theres 6 paydays left until 2020, and i have £20k to clear my mortgage. will be a tall order but its something to work towards

OS_QS

Hi dano17439


We're with the nationwide, and my regular repayment is circa £300, and i have a standing order of £700, so i know i am always repaying £1000 each month. this was the amount that our mortgage repayments were initially, but as we made overpayments nationwide reduced the monthly repayments, and i just topped them up. so we know always to budget £1k for the mortgage. any further overpayment is a bonus, and if we want to have a spendy month then thats fine. I very much believe in living and enjoying life. I'd just rather spend wisely and not waste things.


When we took out our mortgage our redemption date was March 2032, so we will have knocked at least 12yrs off the mortgage and I think about £40k in interest, as we have made £90k in overpayments over the last 5/6 yrs so far.
We didnt make any overpayments for the first 6yrs or so of our mortgage as we were young and on grad salaries.... wonder where we would be had we made token overpayments in those first few years!


Its a bit more interesting when you're near the end and can see the numbers drop - even the husband is onboard now

OS_QS

just made a payment of £500. and have nicely rounded our overpayments for the year to date to a nice round £20,000.

WE ARE NOW IN THE TEENS!!!

interestingly our overpayment borrow-back pot now sits at a few pounds over £90k! crazy to see such a high number, and how much it all adds up keep chipping away!

I have 6 more pay days before 2020...(get paid tonight ) and just under £20,000 to clear the mortgage for good. Soooo hope its achievable, gotta love a trier!