📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Mortgage Free in Three Yrs

1306307309311312487

Comments

  • do_it_today!
    do_it_today! Posts: 786 Forumite
    Also when is the next table update out?
    :j Where there is a will there is a way - there is a way and I will find it :j
  • do_it_today!
    do_it_today! Posts: 786 Forumite
    Just checked the table in post 2 next update mid July will be close to fulfilling my challenge by then :j great
    :j Where there is a will there is a way - there is a way and I will find it :j
  • TallGirl
    TallGirl Posts: 6,237 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Yep next update is Mid July but I am happy to do one sooner if we are all feeling a bit down at the moment.
    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

  • esthomizzy
    esthomizzy Posts: 492 Forumite
    TallGirl wrote: »
    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.

    .

    Funny you should say that. I've just paid an extra 250 mortgage payment. That's 200 of my usual overpayment each month and the 50 is this months quidco payout and the cheque from Barclays for the previous quidco payment which they managed to lose and which I managed to badger out of them eventually. Together they didn't quite amount to £50 but I rounded up. Every little helps. Struggling with motivation though my lodger is doing my head in and I'm starting to think in terms of being happier but having less money if we go our separate ways. I think I'll always put my quidco money straight in the mortgage pot from now on otherwise it'll just get frittered away.
    MFi3 member 105 - MFW date Oct 2023 - 12 years 9 months more
  • angelavdavis
    angelavdavis Posts: 4,714 Forumite
    Mortgage-free Glee!
    hi all. Just texting from train! Don't you love web n walk! Thanks for motivational tip TG. You reminded me, i pay my quidco off capital, together with any AQA earnings i have earned after tax as i consider this cash as a bonus outside the offset. I use my piggy points for treats like cinema tickets.
    :D Thanks to MSE, I am mortgage free!:D
  • benbenandme
    benbenandme Posts: 12,352 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Photogenic
    I'm feeling guilty as I'm still really motivated with this and I feel bad that others ae finding it hard :o:o Keep reading all the other boards too for more hints and tips and I agree with the earlier poster, re-read books on moneysaving for renewed motivation too :D
    Mortgage Total: £51,549 / £75,000
    Mortgage Overpayments Pot £1079
  • Jonesy_Bonesy
    Jonesy_Bonesy Posts: 138 Forumite
    Mortgage-free Glee!
    I've just re-read Richest Man in Babylon for Today - the updated version of the old classic set in modern times. I like this book.

    Other than Martin's books, which other books to people recommend as a bit of inspirational reading. I have heard of the following 3 books and was wondering if anyone had any comments on how good they are, or other suggestions ?

    Rich Dad, Poor Dad
    Acres of Diamonds
    Millionaire next door


    I wouldn't say I'm in a lull, but just need some further inspiration.

    Bonesy
    MFi3 T2 member 177
  • benbenandme
    benbenandme Posts: 12,352 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Photogenic
    I've read Rich Dad, Poor Dad ... its very good but won't help so much with moneysaving, more about the frame of mind needed to get out of the rat race and make money ;):D
    Mortgage Total: £51,549 / £75,000
    Mortgage Overpayments Pot £1079
  • tattycath
    tattycath Posts: 7,175 Forumite
    Part of the Furniture 1,000 Posts
    I found Duncan Bannatyne's autobiography: Anyone Can Do It inspiring and Pay Off Your Mortgage In 2 Years was inspiring too as was Your Money Or Your Life.
    Thinking of re-reading some of them or at least dipping into them to gain some more motivation and inspiration. I haven't read the others suggested so I might try to source them.
    GE 36 *MFD may 2043
    MFIT-T5 #60 £136,850.30
    Mortgage overpayments 2019 - £285.96
    2020 Jan-£40-feb-£18.28.march-£25
    Christmas savings card 2020 £20/£100
    Emergency savings £100/£500
    12/3/17 175lb - 06/11/2019 152lb
  • Kaz2904
    Kaz2904 Posts: 5,797 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    I was recommended Automatic Millionaire by David Bach. I managed to get it in the October (I think when I joined this site). I lent it to my sister when I was part way through and didn't get it back until Christmas.
    This book is the one that got me started. That January I had paid my first mortgage overpayment and set up pensions for both kids.
    When I was a bit down a little while back I went to re-read it but can't find it atm. I shall dig it out eventually when I have finished decorating.
    Was chatting to a Mum at school about what I've got in fruit wise. She said we'll have to set up a little trade off in the summer where she swaps eggs (duck) for fruit!
    Debt: 16/04/2007:TOTAL DEBT [strike]£92727.75[/strike] £49395.47:eek: :eek: :eek: £43332.28 repaid 100.77% of £43000 target.
    MFiT T2: Debt [STRIKE]£52856.59[/STRIKE] £6316.14 £46540.45 repaid 101.17% of £46000 target.
    2013 Target: completely clear my [STRIKE]£6316.14[/STRIKE] £0 mortgage debt. £6316.14 100% repaid.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.4K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.4K Work, Benefits & Business
  • 599.6K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 258K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.