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Mortgage Free in Three Yrs

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Comments

  • skaps
    skaps Posts: 2,255 Forumite
    Hi am really enjoying this thread and everyones success. Bet the banks are feeling crap about this - think of all the money they will lose! HAHA to them.

    Does anyone know where i can read more about how people have managed to become mortgage free? Looking for some more inspirational stories.
    MFW 2016 No 68 £1300/£8500 No new toiletries Cook sth different
  • tattycath
    tattycath Posts: 7,175 Forumite
    Part of the Furniture 1,000 Posts
    skaps wrote: »
    Hi am really enjoying this thread and everyones success. Bet the banks are feeling crap about this - think of all the money they will lose! HAHA to them.

    Does anyone know where i can read more about how people have managed to become mortgage free? Looking for some more inspirational stories.[/QUOTE]
    Yes I would be interested in reading some more motivational stories and getting some more ideas on how to chip away at the mortgage-and how to raise some extra money to do it too!!! Please...
    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
  • vandanfc
    vandanfc Posts: 2,050 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Try looking through this thread and see if anyone did a diary.

    http://forums.moneysavingexpert.com/showthread.html?t=493240&page=5
  • tattycath
    tattycath Posts: 7,175 Forumite
    Part of the Furniture 1,000 Posts
    Just read some of the inspiration from some successful mortgage free guys...and have paid an extra £50 off my mortgage tonight
    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
  • RosieTiger
    RosieTiger Posts: 863 Forumite
    Fantastic spreadsheet - still providing inspiration for the rest of us. Well done.
    RosieTiger - Highest £242,000 Feb 2004 :mad:
    Lightbulb Dec 2008 £146,000 by March 2026:eek:
    MFi3T2 and T3 No 28 - Dec 2009 Start Balance £117,000
    Current Position-Fully off set by savings since March 2013
  • hughmungas1986
    hughmungas1986 Posts: 154 Forumite
    Mortgage-free Glee!
    RosieTiger wrote: »
    Fantastic spreadsheet - still providing inspiration for the rest of us. Well done.


    Got to agree, it looks really good. Hopefully we will reach our goal by April


    hugh
    Mortgage :- Jan 2008 £56000, August 2012 £ 0
    Target :- 1 Apr 2010 £20000... ACHIEVED
    Whiskey bottle £279 banked. Mortgage Pikachu £2 + 50p £1920 banked
    Mortgage Free In Three No. 113
    Mortgage free date, 30 July 2012 :j:beer:
  • mummyofonechild
    mummyofonechild Posts: 1,995 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    is there a mortgage free in 3 starting Jan 2010?
    Mortgage Free as of 31/5/11 :j:j:j:j:j:j:j
  • skaps
    skaps Posts: 2,255 Forumite
    edited 24 January 2010 at 1:59PM
    Just remembered there is a MFit - Take 2 one which started this year but the date for signing up has closed.

    You could start a new one as long as dithering dad and tall girl dont mind. Theres not much chance of me being mortgage free in 3 years but I could help you run it. Let me know

    There is a MFW 2010 thread which is a yearly challenge
    http://forums.moneysavingexpert.com/showthread.html?t=2062237&page=13
    MFW 2016 No 68 £1300/£8500 No new toiletries Cook sth different
  • Desperate_Housewife_2-2
    Desperate_Housewife_2-2 Posts: 1,787 Forumite
    Mortgage-free Glee!
    well done to everyone for keeping it up! keep on going, last push now as the challenge is nearing an end...
    Save £12k in 2012 no.49 £10,250/£12,000
    Save £12k in 2013 no.34 £11,800/£12,000
    'How much can you save' thread = £7,050
    Total=£29,100
    Mfi3 no. 88: Balance Jan '06 = £63,000. :mad:
    Balance 23.11.09 = £nil. :)
  • TallGirl
    TallGirl Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 26 January 2010 at 12:04PM
    Just to let you all know that I am now official mortgage free and my goodness does it feel good. It will be 10 years early and £45,500 paid off since the start of this challenge in April 2007.


    Was a really odd week last week:
    1. Wednesday my 14 year old cat died,
    2. Thursday I paid the last payment of the mortgage & cancelled the DD
    3. Friday we saw an IFA to start planning the future without a mortgage
    4. Saturday we put a deposit down for an expensive Maine Coon kitten but wont get it until late April.
    Well that's it for me I can now officially join the cheerleaders group and spur the rest of you on. I shall now update the chart monthly so get your update to me anytime and I shall post the chart around the middle of the month.
    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

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