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

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  • TallGirl wrote: »
    Sneaks in....................just bought a new car a bright red brand new Fiat 500. Took out the finance as it works out almost the same so no dent in the savings for now. You can pay it back early and only pay 1 months interest as penalty.

    Best of all got £500 more for my part exchange than I paid for it last month.

    Get the car next week, they were desperate to make their March target.

    TG - How are you going to fit into a Fiat 500?!
    Mortgage Free thanks to ill-health retirement
  • Calfuray
    Calfuray Posts: 1,003 Forumite
    Uniform Washer
    Charts! Yay! Although I barely had time to enjoy being green for a few minutes before the next chart was up :(

    Thanks for all the work FB! :)
  • abouttimetoo
    abouttimetoo Posts: 1,860 Forumite
    Part of the Furniture Combo Breaker
    gallygirl wrote: »
    Seconded FB, you are a star :T

    Thirded FB, ;) you're charts get better each time!

    Thanks for all your hard work FB, very much appreciated

    Well done to all fellow challengers, what an amazing amount we have all paid off/built up in savings in just our first chart :j

    Regards
    ATT
    MFW Start Date 1.4.08. Updated 23.1.18. MFW date 1.8.18
    Original Mortgage o/s £187,643 / £71,904 (-115,739)
    Repay o/s £92,661 / now £55,900 (-36,761)
    Int Only o/s £94,982, now £16,004 (-78,978)
    Total daily interest £1 [a) £0.77 b)£0.23
    Total OP's:2018 target £TBC YTD £1,995
  • TallGirl
    TallGirl Posts: 6,216 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    TG - How are you going to fit into a Fiat 500?!

    It's like a tardis small on the outside but on the inside. Get it Thursday so will have to drive it up to HQ and a few other places but should be economical.

    Thanks FB for the update makes more sense now you have changed to columns for the savers.
    Save £12k in 25 No 49
    PB Win 21 £225, 22 £275, 23 £900, 24 £750 Balance Dec 25 £32.7K  
    Plan to move to Denmark for FIRE by Autumn 2025 “May your decisions reflect your hopes not your fears”
    New diary aiming for fire https://forums.moneysavingexpert.com/discussion/6414795/mortgage-free-now-aiming-for-fire#latest

  • MuffinTops
    MuffinTops Posts: 2,477 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Wooh, I'm yellow. I'm annoyed with myself for being just £148 away from green as I know I'll fall into the red for the next few months due to needing to get some decorating done etc.

    But what a great chart. It's so clear seeing everything so nicely set out. Thank you so much FB for doing that despite all the extra hours you're working!
  • samtoby
    samtoby Posts: 2,438 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker PPI Party Pooper
    Updated my signiture so impressed I have now hit the 108k balance.
    3 Children - 2004 :heart2: 2014 :heart2: 2017 :heart2:
    Happily Married since 2016
  • catshark88
    catshark88 Posts: 1,099 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Mortgage-free Glee!
    Have finally worked out how much we think we can OP and have sent in the form to join the challenge. Hope I'm not too late!
    "Have nothing in your houses that you do not know to be useful, or believe to be beautiful." William Morris
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    Thank you both - as one of only four people who has posted my first quarter update in the red (at time of checking) as opposed to the no update majority of reds, I really appreciate the encouragement. This is my first challenge and I do have a plan, but it's a slow start, with other things getting in the way a bit.


    Suffolk lass----the red on chart means you o/p your capital on your mortgage which is great---most people don't
    I was red for over 3 years,I only managed green for FIRST time march 2013.you will get there,don't worry about others.

    today I have been quoted a redemption fee to clear the re-mortgage part of my debt-so that means i will have a bigger debt snowball o/p may for my original mortgage.

    slowly but surely does it
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • Instead of starting a new book, I have begun reading FB's MFW Diary. The beginning has a good hook, and so far the plot is good. Unlike reading most books, the fact that I already know the outcome doesn't detract from the story, it actually makes it more interesting.

    It's very inspiring, and I am almost considering writing my own.

    Fluffy
    MFiT-T3 Challenge 107
  • samtoby
    samtoby Posts: 2,438 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker PPI Party Pooper
    Fluffypigs wrote: »
    Instead of starting a new book, I have begun reading FB's MFW Diary. The beginning has a good hook, and so far the plot is good. Unlike reading most books, the fact that I already know the outcome doesn't detract from the story, it actually makes it more interesting.

    It's very inspiring, and I am almost considering writing my own.

    Fluffy


    I have read it - should be published!:j
    3 Children - 2004 :heart2: 2014 :heart2: 2017 :heart2:
    Happily Married since 2016
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