Mortgage Free in Three Yrs

angelavdavis

Well my big tax payment has gone out, so that will take a chunk out of my offset savings!

Bit depressing, but I knew it was coming, so no big surprise there!

Thank goodness January was a long month so I will bill more this month!

Better get on with my invoicing!

pa2539

It's been a while since I posted on this site so have probably been kicked off the challenge but just to let you know that I am still going and come to this forum as often as I can (not as often as I'd like though)

Total mortgage at beginning of challenge £82,558.12
Total mortgage at end of Dec 2007 £75,497.88
Total time left 20 years 3 months.

So have nearly managed my challenge but will carry on to try and make a further dent in my mortgage.

Keep up the good work!
:T

Dithering_Dad

I've just bought a motorbike and used my offset money to do it. I seem to be going backwards at the mo with my income tax and bikes (and a family holiday I have to pay for). I don;t think I'll have much of an update by March, but as I keep telling myself "It's a marathon not a sprint!"

I hope my little splurge doesn't mean I'll be drummed out of the MFi3 gang! :eek:

Dumbledore55

1st February 2008

Paid another £500 off my mortgage (6.6% off MFi3 target)

Mortgage £92000
ISA £ 9891
Overpayment £ 1000
Balance £81109
Estimated Mortgage Free Date – December 2017
Emergencies/Sales Fund …………………….£144.80
Boots Vouchers (Cashback sites)…………….£21
Argos Vouchers (Cashback sites)…………….£5
Tesco Vouchers…………………….………...£102
Nectar Points …………………………………7826
Tesco Points…………………………………..2192
Natwest YourPoints…………………………..4783

CREDIT CARDS
Capital One - paid off every month
Natwest – 2% cashback until 30/04/08

Desperate_Housewife_2-2

[quote=I_hope_my_little_splurge_doesn't_mean_I'll_be_drummed_out_of_the_MFi3_gang!_:eek:[/quote]

no way man!!

Desperate_Housewife_2-2

managed to get the mortgage balance down to just over £7k but not really as its stoozepot money! I got a mini statement out today and the new bt has gone through so hope interest charges will continue to come down.

I'm going to apply for a couple more and see if I can get the balance in credit again! Its great when the bank pays you interest on your mortgage! A taste of things to come when we are all mortgage free yay!

firesidemaid

hrumph!

this is my final report on my slow stooze (0% on purchases) for the last year. i decided to drip the money into premium bonds and have had only one win (thank goodness though) for £50 during this time. i calculated i would have got just over double this in interest - but is was worth the chance of winning a bigger prize as it wasn't my money as such;)

at least i can even earn about £10 in interest on the money until i have to pay the bill later this month.

at least i have got my £7 a+l overdraft for only £5 a month! guess where that's gone?

you seem to have got it down to a fine art desp hwife!

Desperate_Housewife_2-2

while I'm on the subject of stoozing, has anyone seen this? http://news.bbc.co.uk/1/hi/business/7224268.stm strikes me that it does not bode well for future stoozing, it really seems as if the banks are taking this credit crunch extremely seriously. I reckon it will be thin pickings for borrowers in the future. All I can say is I'm glad I'm planning on paying off the mortgage!

TallGirl

It lovely to read peoples updates and no DD we are not going to chuck you out for getting a bike. Just had my quote for the bathrooms £17k ouch that is a lot of money. Think we shall get a second quote.

I have done 1 mystery shop and 1 lines up and that £21 not bad. Also getting to grips with matchbetting think I am about £85 up but waiting for a few bets to get settled now.

Can't wait to get our results for year 1. Please just PM me nearer the time even if I have taken you off the list you can easily getting added back.

Superfast_Gran

I lost. I am bereft. I have no future. I have no expectation of income.

Things are very, very, very bad: send chocolate.