The Long, Long Road to Mortgage Freedom

catshark88

Rather depressing day today, with someone I thought a friend, doing something pretty horrible.

Still, have managed to keep off comfort food/ spending and off to cinema with family tomorrow for pick me up.

Now, where is the (previously paid for) vino....

Lois_E

Oh dear. Sounds awful. So sorry to hear. Have a dodgy hug: :grouphug:

catshark88

Hmmm one eBay item made 2p net profit & another made 4p. Some other things have sold much better, but I'm not sure I have a future as a trader lol!

MoneyMission

:wave: found you!

*subscribes*

We have got similar sized mortgages :eek:

Had a look at mine today and it has also just squeaked under the £300K mark at £299,293 and some odd change. _party_

Well done with all your OP's and selling bits. It all adds up.

MM
x

catshark88

:hello:Hi MoneyMission!

You are about £600 ahead (lower). First one to £275k buys the tea and cakes! :rotfl:

Tilly_MFW_in_6_YRS

You have no idea how many memories this is bringing back. When I started my diary in November 2011, our mortgage was £309k. End of this week will see the mortgage under £220k - thank goodness for MSE and the fab lessons we learn from the site but more importantly for the amazing people who share their knowledge readily to enable us all to benefit :T

Tilly

Lois_E

You've paid off £90k in 15 months? That averages £6k a month. That's not just way more than I can pay off - it's way more than I earn in total. I have no concept of paying off sums like those. Big congratulations to you for doing it, though. _party_ :beer: :T

Tilly_MFW_in_6_YRS

What's ridiculous though Lois, is we would have just continued wasting money if it hadn't been for this site and LBM. I appreciate it's a lot to pay off and we are really fortunate, but how bl@@dy stupid were we not to have grown up sooner. Never again will we behave like that. Although some close family are unhappy that the £ tap has been turned off, we are now focussing on us

Catshark, apologies for hijacking your thread.

Tilly

catshark88

Tilly_MFW_in_6_YRS wrote: »

What's ridiculous though Lois, is we would have just continued wasting money if it hadn't been for this site and LBM. I appreciate it's a lot to pay off and we are really fortunate, but how bl@@dy stupid were we not to have grown up sooner. Never again will we behave like that. Although some close family are unhappy that the £ tap has been turned off, we are now focussing on us

Catshark, apologies for hijacking your thread.

Tilly

Tilly you are not hijacking at all,you make very interesting and salient points ( as usual)

I really empathise with what you say. If we had started this sooner, or indeed continued it from our first big effort, how much we could have paid off by now.... The hedonistic spending of earlier years seems so alien now.

I really feel that we grew up too. And I'm not missing any of it.

Lois_E

Whereas I do not have an extravagant past to regret. Instead, I regret not having realised what was happening to house prices between when I moved into rented in 2005 and when I bought a house in 2011. Buying 6 years earlier would have saved me a ton of money. Marriage break-up is not a good financial strategy in most cases.

Never mind. Onwards and downwards everyone! (I mean mortgage balances downwards, you understand.)