The Mortgage Free in Three - Take 3 challenge (MFiT-T3)

wantabetterlife

I have just registered too :j..am hoping to get to 99,999 but it will be tough going!

financialbliss

Evening all !

OMG I just don't learn do I? 16 people registered already.

Need to give my own diary some love - end of month mortgage interest, then I'll be back to allocate numbers, send PMs and post here.

Thanks for showing an interest folks.

FB.

black_taxi_2

Cant register yet as it asks for value an I won't know it till 12/12/12

Also I will hav two objectives

Clear mortgage within 2 years

Put money into a stock/shares-80%shares/20%bond equity fund isa

g/l all

financialbliss

I've just allocated the first 20 challengers as per below and updated post #1 with the details:

01. FinanciaBliss. (Objective to be set shortly )
02. Alion. Objective to be set.
03. Lvm. Build up my savings from £25,000 to £60,000.
04. tattycath. Reduce my mortgage from £75,000 to £49,000.
05. greent. Completely clear my £53,210 mortgage.
06. icklehelen. Reduce my mortgage from £74,000 to £50,000.
07. megela. Reduce my mortgage from £107,000 to £80,000.
08. gallygirl. Objective to be set.
09. Ewig. Completely clear my £40,000 mortgage.
10. Double Trouble. Reduce my mortgage from £234,000 to £134,000.
11. Spiggle. Completely clear my £30,000 mortgage.
12. Tilly MFW in 6 YRS. Reduce my mortgage from £258,000 to £60,000.
13. VoucherMan. Reduce my mortgage from £50,208 to £28,000.
14. FlashBarry. Completely clear my £97,000 mortgage.
15. QB Wolf. Reduce my mortgage from £181,000 to £145,000.
16. JoeyGrey. Completely clear my £19,237 mortgage.
17. wantabetterlife. Reduce my mortgage from £132,00 to £99,999.
18. mortgagenomore. Completely clear my £19,080 mortgage.
19. uzubairu. Completely clear my £16,500 mortgage.
20. mfwin2019. Reduce my mortgage from £150,000 to £100,000.

Will try and PM everyone now, but not sure how long this will take...

Feel free to PM me if I've got anything wrong.

FB.

spidystrider

I've just registered for this challenge again. I'm really pleased at how much I've paid off over the last 3 years, I should have it down to £74,000 come December. If I can get down to £25,000 by 2015, I'll be delighted.

FlashBarry

Tilly - are you looking to pay off almost £200k in these 3 years, or is that your 6 year goal? Wowsers!

foxblade

Thanks for this, it is the first time I feel I can join in, hoping to clear my whole mortgage in 3 years but it will be tough as I am now a SAHM living on my OH wage! Thought joining this challenge would give me more motivation so just sent in my registration. Can't wait till 12/12/12 to start now

Shooting_star

Hi, this is my first ever post on a forum. No idea if I am doing it right. In fact my ability to use anything IT related is very limited! I have been reading the site for a few weeks and its all vey inspirational but I was particularly struck by the hard work and dedication of financialbliss in supporting others on the quest to be mortgage free. I have been reading the current MFi3 challenge and he does such a great job even in the occassional face of adversity.

Anyway, if I can work out how to register for this challenge I would love to do so.

Trying_to_be_good

Hi, FB - I'm back for the third MFiT challenge, please! I've been number 48 for the previous 2, so if you could hold that quest number for me it would save me remembering a new one. And this time, I'll hope for the BIG ONE of being mortgage-free, though that's a big target at the moment as I might take redundancy at the end of next year... I can confirm the start figure when we finish take 2, it's likely to be about £246k mortgage with £70k offset and £30k ISA savings, so net £146k. Eek.

Thanks, FB!

Superfast_Gran

After not achieving my goals in the last two challenges I'm hoping, nay belay that, going to make it third time lucky. Debts & weight have spiralled out of control but no more! Just call me Bob!

I hope I've registered properly but I daresay I'll find out soon enough if I haven't.

This time OH & I will combine this with a weight challenge - me more than him. I lost 30 kilos 3 years ago and have put 20 back on and, although I lost a bit too much before, I need to take at least 15 to feel comfortable again.

So,bring it on. We'll not wait till December but start with the weight now and the debts/mortgage when we come back from Tenerife in three weeks time. It's all paid for so we might as well go but we will be watching what we spend and not be too crazy!!