What have I done....

LauraJo

Yipee - another 2.5k. Happy days!!
1 year and 11 months to go (that sounds so much better!!!)

:beer:

Boyley

Hi LauraJo

I stumbled across this thread whilst browsing the site yesterday - it makes for interesting reading thats for sure! I have a question though if I may....

Your're commitment to the goal is clearly commendable but with so much cash 'freely available' to put forward in overpayments are you also managing to take advantage of other tax free entitlements such as your annual cash ISA allowance?

LauraJo

Boyley wrote: »

Hi LauraJo

I stumbled across this thread whilst browsing the site yesterday - it makes for interesting reading thats for sure! I have a question though if I may....

Your're commitment to the goal is clearly commendable but with so much cash 'freely available' to put forward in overpayments are you also managing to take advantage of other tax free entitlements such as your annual cash ISA allowance?

TBH the only thing I am concentrating on is OP'ing. I don't have other savings / other money for anything else. We want to try and get as much paid off before the rates go up again coz as soon as they do we wont be able to do this at all (in some ways we are lucky that we have had years of mortgage payments at a high ish interest rate so know how fortunate we are to be able to do this...)

Lisa1978

woo Laura, i just read parts of your thread. I noticed that you seem to pay off £2.5k approx /month, how on earth do you manage to do that.... and don't mind doing it!! Would break my heart lol. Keep going, fantastic achievement :)

LauraJo

Lisa1978 wrote: »

woo Laura, i just read parts of your thread. I noticed that you seem to pay off £2.5k approx /month, how on earth do you manage to do that.... and don't mind doing it!! Would break my heart lol. Keep going, fantastic achievement :)

Thanks! A combination of someone who did well when the interest rates where cut, getting a lodger, doing extra work where possible and basically now having no life!! I was amazed how much we used to spend on stuff, going out, holidays etc and we felt like we could live without it all for 2 years. Not having kids probably helps too!!

Its very hard to keep focused and not just blow it all on a fab holiday!!!

LauraJo

Woohoo a free holiday!!!
Well not quite a hols but I've won free VIP tickets to V fest!!!!
So so happy and that means I can treat it as a holiday and not feel so seen off this year!
As its VIP I get free food and drink all weekend too so even better.
Happy days:j

LauraJo

OH has decided to lose a few pounds - that has gotta save me a few quid on my shopping bill each month he he

LauraJo

Got my house insurance today from that popular website and got 1000 nectar points. Not sure what they equates to but gotta be better than nothing. Also saved about 100 quid off my renewal quote so well worth it!

moneycurious

how you getting on Laura? we are struggling abit - so decided to pay off at the end of teh yer and do it that way - in the mean time we are saving like mad................ applying for PPI today - so we will wait and see!!!

LauraJo

Hi all...
August took a bit longer to total up but I'm am really pleased to say we have hit target of £2.5k overpay this month. Its not quite as much as last month but still really chuffed.
Sept is going to see a month of 50p specials from the garage and more scrimping!! Bring it on!!

Oh and btw - for those of you who are benefiting from low interest rates to do this (like me!) then take a look at this

http://www.thisismoney.co.uk/money/saving/article-1678233/What-rates-savings-Isas-fixed-rate-bonds.html

There is a prediction that interest rates will be cut again in Nov - fingers x'd!!!!