SF's road to mortgage freedom!

DedicatedDFW

Hi SF

i am looking forward to hearing your goals

Bah! to the fence - is it something you can claim on your insurance at all? x

slowlyfading

So, here's a brief roundup of 2013 and my aims for 2014

2013:

• We started with a mortgage of £123,000 at the beginning of the year. At the year end, our mortgage stands at £112,940 this means a reduction of £10,060 which is amazing :j :j
• I met my target of £7,000 OP in 2013 - I managed £7,000.97
• I have managed to meet my target of 200 NSDs for the year.
• I have managed to save £5,217.72 as well, which is a mixture of the Emergency Fund and a start towards America
• According to the spreadsheet, we have a surplus at the end of the year, but DH hasn't added his bits onto it yet - I suspect it's rather close this year

So, 2014 aims are:

Financial:

• Our OP target is £4,200
• Our savings target is £6,000 which will go towards our America fund and a new bathroom (it needs gutting and totally re-doing!)
• Our NSD target is 220

Personal:

• Bake one loaf of bread a month - I enjoy this but I haven't baking in ages.
• Make more meals from scratch - again, fallen a bit into a habit of freezer stuff
• Get to a BMI of 22 so that body is baby ready

That's it - pretty straight forward!

The financial aims should be do-able, so long as we keep a close eye on our outgoings and misc. spending. Again, the forecast spreadsheet shows a surplus at the end of the year, but that will only happen if we don't go mad spending the savings one is important - we won't be able to go on our holibobs if we don't save! And, our bathroom is in desperate need of gutting and re-doing, but it'll cost a bit. We're hoping to have that done by the end of the year, but we shall see.
Here's to 2014 :beer: :beer:

edinburgher

SMART looking targets for 2014, but the bread one is a bit soft (so to speak )

Your mortgage reduction last year was fantastic, you should be proud of what you have achieved.

Curious - has DH adopted NSDs as well? Mrs E wouldn't even know what that acronym stands for (although I suspect that she has 3-4 a week without knowing it!)

slowlyfading

edinburgher wrote: »

SMART looking targets for 2014, but the bread one is a bit soft (so to speak )

Do you think it should be more?

Your mortgage reduction last year was fantastic, you should be proud of what you have achieved.

Yes, I am pretty proud of us for this

Curious - has DH adopted NSDs as well? Mrs E wouldn't even know what that acronym stands for (although I suspect that she has 3-4 a week without knowing it!)

The ones I track are just mine, but DH is pretty good at not spending too - he takes packed lunches every day and only occasionally buys himself snacks

edinburgher

Do you think it should be more?

Than one a month? Yes, I don't think that would kill you?

slowlyfading

edinburgher wrote: »

Than one a month? Yes, I don't think that would kill you?

:rotfl: no! Okay, I may revise that one

Knit_Witch

breadmaker bread or a nice proper sourdough?

slowlyfading

Knit_Witch wrote: »

breadmaker bread or a nice proper sourdough?

Not got a breadmaker - make the bread from hand! Not done a sourdough one yet though....

Knit_Witch

slowlyfading wrote: »

Not got a breadmaker - make the bread from hand! Not done a sourdough one yet though....

I challenge you to get a sourdough starter done and then make sourdough bread!

edinburgher

I should warn you, SF, starters are ALIVE! :rotfl: