Mortgage free on new house

numptyknownothing

We are nearly done in our house, one room at a time and we've been over-paying since May this year as well whilst the interest rate is low. The 2 are not mutually exclusive but you do need a plan. Instead of frivolous spends have a decorating pot. Any bargains use money saved to OP. What ever you decide, good luck and welcome.

Tilly_MFW_in_6_YRS

Hiya SITP, I found you :beer:

GG is right - definitely decide how you want to live your life then do it as economically as possible. I have a post on my diary listing all the things I did quite quickly to make a difference. Not sure where though .

I believe the key is increasing your disposable income, and that can be achieved via menu planning to cut your weekly shop, Eb@ying to bring in extra cash etc etc. For example I have dogs and cats and buy exactly the same medication on line, rather than at the vets (flea/worm treatment) and it is circa 33% cheaper. I buy the dog and cat food on line and that's around 20% cheaper, plus I go via TCB or £co and its delivered.

Anything to increase the available cash and that can be used to clear your debts. Once you have an emergency fund saved, then you are clear to OP. This forum is full of amazingly generous people who all understand the journey.

Best wishes Tilly x x

sillyinthepast

Thank you for the advice guys - all this money saving is rather addictive isn't it? Lol

I have a busy day today with Halloween decorations to go up and pumpkins to carve. I have homemade pizza to make for dinner and a cake to make so that will keep me occupied. Today is a nsd. I have someone collecting a few bits from eBay so another £15 in the pot:j

sillyinthepast

I am going to make a lentil Dahl today for dinner and scone cakes for the lunch boxes. The bread maker is going as I type this so we will have fresh bread. I need to go to lidl for milk and ham. Hopefully that is all I need.

Enjoy your Sunday x

sillyinthepast

Our first mortgage payment is on 3rd jan and I can hardly wait is this normal?

Beckyy

Congratulations on getting the keys!

Once you're in and have a goo idea of your SOA you'll kow what is realistic and what isn't.

How are you getting on with the loan/CC/overdraft?

sillyinthepast

Hi Becky:). We have paid the overdraft off and have £1400 left on the loan. I am going to try and get the loan paid off by June. Hubby isn't really on board and doesn't see how this is going to work but we probably spend £600 a month that we don't need to. I don't want to give everything up but it's really important to me to be debt free, have some savings and start paying the mortgage off.

Secret_Saving_Squirrel

Good for you. I too have been silly in the past but it is never too late to make a difference. As they say, you can't go back and change a beginning, but you can always make your own ending. Good luck,

Squirrel

kirstypark

congratulations on your new home. What an exciting time for you.

sillyinthepast

Well Christmas is here:j:j

We are staying with in laws for Christmas and they didn't want us to contribute anything (they are quite well off). So apart from some flowers for mil and some beer for fil as a thank you we don't have to spend anything:money:

I have budgeted today for £20 as we are going into the village to see the carol singers and Santa and will be buying hot chocolate and a few pund to put in the collection boxes.

It's the start of the next and catch kidston online sales today but have told hubby under no circumstances am I even looking. I keep telling myself we don't need anything and I would be spending for the sake of it. Hubby was a bit like shall we have one last blow out and it just makes me feel sick tbh I want to save our pennies. We need to buy a few things for the house which are essentials - shed, paint, etc so I am not parting with anything I don't need.

Apart from today I should have a nsd until Thursday, which then I only need to buy fresh milk for going home.

I am transferring some money into savings today so will update my signature when I am done.

I wish you all a very merry Christmas and will be back soon x x