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What have I done....

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  • LauraJo
    LauraJo Posts: 1,041 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    Thanks both
    Bit of a hangover today - maybe I had more than one glass of wine!!
    Going to start the g0oling today to see what's out there in the big wide job world.
    Mortgage starting balance 2011 ... £170k today £1.5k
    Savings: £3k
    Aim: 100k by Dec 2021
  • Sorry to hear about the redundancy. Think you're approaching it with the right attitude though. Good luck with the job hunting.

    Fortune x
  • LauraJo
    LauraJo Posts: 1,041 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    Thanks everyone. Yes hopefully an opportunity in disguise. It does give me time to plan a bit and save a bit too.
    Mortgage starting balance 2011 ... £170k today £1.5k
    Savings: £3k
    Aim: 100k by Dec 2021
  • Great that your looking at all the positives LJ....just goes to show that your gut instinct about overpaying the mortgage incase you lost your job was right...at least you have plenty of time to look for something else.
    Credit card £4461.15Home mortgage £137117Buy to let mortgage £83,000
  • LauraJo
    LauraJo Posts: 1,041 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    Another whole week of working from home so lots of petrol saved!
    In terms of other money saving ventures I had my eyelashes curled and tinted for free in exchage for helping my friend with her business marketing. Also my friend is selling her horse so I'm going to see what I can nick from her tack room :)
    Nearly the weekend!!!
    Mortgage starting balance 2011 ... £170k today £1.5k
    Savings: £3k
    Aim: 100k by Dec 2021
  • Watty1
    Watty1 Posts: 6,875 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Sorry to hear about your redundancy - but - love your attitude to it. And all those overpayments were so insightful now!! Great work.
    Will be reading with interest over the next few weeks......xx
    Made it to mortgage free but what a muddle that became

    In the event the proverbial hits the fan then co-habitees are better stashing their cash than being mortgage free !!
  • Lara you have such a brilliant attitude! I love that your seeing the positivity in your situation rather than dwelling on the negative parts, which to be honest is the best way to be, you can't change what is happening so it's best to be upbeat and look to the future.
    New House... New Mortgage! February 2017: £144,000 :eek:
    Current Mortgage Balance: £96,440.99
    2017 OP's:£5,935 2018 OP's: £11,956.00 2019 OP's: £11,988 2020 OP's: £1,998
    Total Debt[STRIKE] £29,209[/STRIKE] £0 :j:j:j Debt free 6/8/16
  • LauraJo
    LauraJo Posts: 1,041 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    Thanks watty and choco chick!

    Had a good think about things this weekend and think maybe I'll go contracting as a project manager next year. I know the work won't be so reliable but is better paid when you do get it. I'll be In the fortunate position where I could go a few months without working if need be.
    Does anyone else do that?

    In the money saving front, a relatively cheap weekend. Take away pizza on Friday nite (went to collect of course so you get a good deal!), free food and drink at the rents last nite and staying in tonight.... A very sober weekend for me! Also got given a scratch card yesterday and won a fiver so v pleased about that :D
    Mortgage starting balance 2011 ... £170k today £1.5k
    Savings: £3k
    Aim: 100k by Dec 2021
  • LauraJo
    LauraJo Posts: 1,041 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    Ugh what a miserable Monday morning. Pony aint going to get a hack out today!! Nice little working from home day so might attempt to light the fire later. Now this is something I am truely terrible at.... I can build it as per instructions, use kindling and firelighters and it still just fizzles out!
    Hum....maybe I'll just pop another jumper on :)
    Mortgage starting balance 2011 ... £170k today £1.5k
    Savings: £3k
    Aim: 100k by Dec 2021
  • Hey LauraJo, just catching up on your diary, woah, really sorry to hear the bad news, although with 8k and heaps of notice it sounds more like a fundancy!!! You'll be fine, as shown by already thinking about the next thing! Personally I would love to contract in a few years, and with your situation (little mortgage and OH to help) you're in a good position to take advantage of the higher rates without suffering too much against the risk of not working for a while. Are you confident in your industry to go it alone? If your company is cutting back, does it represent a bit of uncertainty or have they just managed it badly?

    I'm rather desperate for a hi-viz exercise sheet to go over my legs given the current weather!! Got absolutely soaked yesterday and had to get off so had a wet bum to boot!
    Mortgage Apr 18 £417,894 BTL Mar 18 £162,857
    Mortgage now -- £350,085 BTL now --- £162,668
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