Mortgage Free in Three Yrs

tattycath

Hi all. Well I still haven't given up!!! I managed to pay off another £35 today-baby steps but I still feel we can finish this challenge and beat our original target-just a matter of getting back on track and continue paying off the arrears-but we're getting there!!!

bobdagob

hi guys, ive just got my first mortgage and hope to pay it off like u guys by 2010! (i'm a serial entrepreneur with more failures than success at the mo but im optimistic!), whats the criteria for joining this new gang and can anyone give me some good business ideas? check out my latest development!

gallygirl

OH & I went out for lunch today on a route that coincidentally went past 'the house'.......:o

The house is actually the middle one of 3 (you can just see the edge of the left one on the pic), not 1/2 as I thought

It's a beautiful road, more like a lane :T

Friendly sheep across the road :j

Spinney & all is lovely

The brick work is a gorgeous colour & roof & chimney look in good condition :beer:

Spoke to next door neighbour who was lovely

BUT...... (fortunately) it is too close to main road. The whole time I was there I could hear traffic. And as the main road is on a hill cars are accelerating, so worse than just steady noise. I need peace & quiet as am a v bad sleeper, so not taking it further _party_ _party_ _party_ _party_ _party_ _party_ . Thank goodness for that

molit - today I have not spend 285k :j :j :j :j

and bought salmon reduced to 85p for dinner :T .

Booked car hire for hol, cheapest site was on quidco at 7.5% :j .

Bought 2 ink cartridges, found 10% off coupon & got 15% from quidco :T .

Total savings/earnings today approx £285,011.90 :rotfl: :rotfl: :rotfl: :rotfl: Beat that folks

ailuro2

Spent £922 on a podpad for T in the park,:eek:....but saved around £2000+ as we could have gone to see REM in Madison Square Gardens in New York in June instead.

Saved a further £412 by going for a podpad in stead of a yurt @ £1333

This is my hubby's 40th birthday prezzie (even though he's only 39 next week!) as he wanted to go for the whole weekend to T inthe Park next summer, but REM are our no1 band, so it makes sense to go this year. He was a big stone roses, pogues etc fan and they are playing too, so it's his ideal festival.

Further money saved by postponing big shop till Tuesday when we will be in to a new credit card month, so won't have to pay until end of June. We always pay it all off, but the credit card bill is now at £2k since we just bought a dishwasher too!

Got £11 and £36 from Quidco for the dishwasher and Tinthepark,though!

Not a very MSE week, but MSE got me nearly £50 cashback, so it could have been worse! :money:

Kaz2904

We finished our front garden last week and DH was adamant that he wanted to buy already grown plants for it.
I went to B&Q and spent £7.47 and managed to get loads of plants in. I've 10 tomato plants, loads of lettuces and beetroot, purple broccoli and red cabbage.
Hopefully these will save me more than I spent on them but even if they don't I still managed to get it all for 75% off which almost makes up for the amount of money that we spent out buying gravel and stuff.
If I ever get round to making my own alcohol we might save even more money. I'm itching to try out the recipe for nettle beer that I saw on the River Cottage website!

Dithering_Dad

Well ignored on the Spam poster everyone

I hit my two year slump a little earlier than everyone else, but Standard Life's refusal to drop their rates has made me mad and raised my mortgage free desires right back up there. I'd determined to at least get rid of two of my mortgage accounts with them (the Interest Only one - 6k left and the House Extension one - 47k left). So the aim is to pay off 53k's worth of debt by the end of the challenge - then go elsewhere and get a tracker!

p.s. my little pension challenge is still going well - my aim was to have 100k in it by the end of the MFi3 challenge. When the market crashed a couple of months ago I lost about 7k and gave up all hope. Now it's up to 82.5k and so I'm back in with a chance!

angelavdavis

Things have slowed here - correction - things have gone backwards! A couple of unexpected pay-outs have resulted in my using the majority of the offset monies. However, I have continued my overpayments off the actual capital in line with the original payment level before the drop in interest, etc.

OH and I are selling his house and hoping to pay the majority of funds into the offset. I will then get him added onto the mortgage account and deeds (no doubt will be stitched for charges for that one!).

Our thought was to reduce the mortgage down by half, but then put the rest in offset in case we need to borrow any money back for a new car (mine is on its last legs really but luckily I am not using it for the current contract).

Of course none of this can happen until the house is sold, and although we have had two offers in one month, they were really too low for it to be worth our while, so if we don't get any more decent offers, we will rent the house out.

Desperate_Housewife_2-2

Hi everyone,

We all seem to have hit a bit of a slump don't we? What can we do? I think its a blip and we'll all re energise soon in terms of keeping our goal.

I have decided to re read all my thrifty books and try to find more, my faves are Martins OS book (of course!) and I like Alvin Hall's 'Your money or your life'.

I've just had a great book out of the library entilted 'The richest man in Babylon' and it was quite inspiring and entertaining. Basically archeologists found some clay tablets buried in the desert from approx 4,000 years ago with ancient writings all to do with how to make yourself wealthy. Its worth a pop even if you already have figured out how to do this, its a reminder.

Another of my faves is 'The tightwad gazette' which definitely changed my outlook on life and looks at all areas of moneysaving. (After re reading the chapter entitled 'Dare to dumpster dive', I plucked up the courage to liberate a lovely pottery patio pot from a neighbours skip today while out walking my pooch!)

Lastly, I have on my booklist 'More with less' by Doris Longacre which is about making do with less, it has a strong religious theme but this aside, has important messages for any moneysaver.

My veggie patch is up and running now after a lot of hard work by all of us (hubby dug, kids planted, I supervised and managed ) so fingers crossed I won't have to buy much food this summer. Also looking into books from library about pickling and preserving.

I bagged some 'past its sell by date' rhubarb yesterday and have made 3 jars of jam with it today, very delicious.

So come on gang, gird thy loins and start thy purse to fattening (as the richest man in Babylon would have said...4,000 years ago!)

TallGirl

I have really enjoyed reading the last few posts on here so many good ideas and I am sure we can keep going with this.

Just wanted to add my own little motivational tip. I don't know how you keep tabs of all the "free" money you get from Cashback sites, Amazon and Ebay Sales, Mystery Shopping and saving up the change in a jar.

We have set up a seperate savings account (linked to the offset) and all the above a paid into it. We then transfer it over to our Nationwide account (cheapest for spending aborad) and use the money as spending money when we go on holiday. It really does add up, ours was cleaned out at the beginning of March when we came back from Portugal but it now has £254 in it.

I find that motivates me more than seeing little bits of money dripping in from Quidco etc I would rather see it in a large sum and know it is for spending.

Also for those who can handle it Matchbetting is a nice source for "free money" but you might be better off waiting until the football season kicks off again in August.

do_it_today!

Hi all :hello:
we're gonna keep at it for the moment - what I have decided is where I can be money saving re. babystuff the difference will go to the mortgage for example I bought a kit which normally costs £29.99 but got it for for £14.99 so the difference can go to the fund, have also ramsacked the mortgage pecker (pig) v light this month only £17 oh well it all helps! keep going everyone :j