Anyone else a closet MFW?

Shineyhappy

:rotfl: This is almost like a confessional thread! :rotfl:

I know that no one has anything to be ashamed off, but it does feel like having a mfw or a dfw attitude is quite freaky.

As of today I now partially own my own place (with C&G), I am no longer a co owner with my ex and now I have paid all the associated bills and have seen that I need to pay it all off asap so that I will have a better quality of life and sleep better.

Trying to say to my friends I cant afford to ......... is just infurating when they reply oh shove it on your credit card.:rolleyes:

I cant wait till I make my first overpayment, hopefully wont be long now!

TallGirl

Wow CCCele that is fantastic - well done. A real inspiration. I am 36, took out my mortgage when I was 24 but it should be clear by 40.

baz8755

Glad to see other like minded people.

At 22 I bought my first house and moved in 1999 to my second house. And now at the age of 37 I have now become mortgage free this month:T . And to top it all, my endowment doesn't pay out for another 10 years (holiday or car maybe).

I despair and friends and collegues who buy new cars every few years and keep putting more debt on the mortgage to pay off card debts:rolleyes: .

Whilst I have quietly been stoozing and overpaying my flexible mortgage for the past 8 years.

It feels great :j

Aliss

GreenNinja wrote: »

Aliss, I can identify with you on this one being a low earner and living alone and wanting to pay off my mortgage.
I work with a woman who earns double what I earn and who wastes endless amounts of money everyday on lunches from posh sandwich shops or sainsburys then whinges about how hard up she is!

I remember being at uni and paying £270pm rent on my own excluding bills and my friend - who had a full time job and a partner- moaning about her £300 mortagage!

My mortgage should be paid off in 3 years but I'm worried that it'll look like I've been lying! I say, for example, I don't fancy a night out, but I know people will go "You said you couldn't afford it..." if I reveal I was saving for the mortgage!

So I probably just won't tell them!!!

I'll tell you lot cos I know you'll be happy for me and just let my previous associates think I moved on to another mortgage somewhere!

baz8755

sloppy_saver wrote: »

i'm such a dumbass

At least you've got something right:rotfl: , go away and stop being such a child

MUSTBEFUNNY_2

Sloppy saver obviously forgot to take his medicine again;)

Martinslovechild

To Sloppy Saver - go away.

Everybody else - I am sincerely looking forward to being mortgage-free. It's been a real focus of mine for the past 6 years and i'm now just 5 payments away.

Like others here, i've been frugal and still drive around in my 7 year old 140,000 miler, whilst colleagues show off their new BMWs and Audis. When I finally replace my car, it will probably be for the same car, albeit second-hand as I certainly don't fancy shelling out vast amounts of money on a new model.

Even my next holiday to Australia & The Far East is paid for using Frequent Flyer points. People probably think that I earn a packet (in reality, who cares what they think?), but it's simply being frugal and not going into debt to buy 'stuff' that keeps me focused.

Best of luck to everybody on here who's aiming to be mortgage-free. It can be done, if you remain focused.

groatie_queen

martinslovechild, I LOVE your signature! What a fantastic achievement, much respect to you. It's great for others on this board to be able to share in the approach of your mortgage liberation. The sense of freedom and choice must be immense - enjoy - you deserve it!

Best wishes
GQ

BusyGirl

Hi
I've recently started reading the MFW's thread and I am totally inspired by you all. We have 14 years left on our mortgage, around £63500 left to pay and it is currently fixed for another 2 years at 4.99%. At the moment we are paying off a couple of debts and the plan is to start overpaying the morgage after they are paid in around 2 years, just as our fixed rate ends. Ideally I would love to pay it off in 6 years time so that DH has the option to retire early, but realistically 9 years would be more closer to the mark. I wish I'd discovered this site years ago, still it's never too late. Frugality Rules!

Martinslovechild

groatie_queen wrote: »

martinslovechild, I LOVE your signature! What a fantastic achievement, much respect to you. It's great for others on this board to be able to share in the approach of your mortgage liberation. The sense of freedom and choice must be immense - enjoy - you deserve it!

Best wishes
GQ

Thank You SO much. Best of luck to you GQ, and indeed all of you who think it's a neverending struggle. It IS hard, make no mistake; you'll see friends & family going on expensive holidays, driving round in nice cars and filling their houses with beautiful furniture - some of these people will have been lucky and have good jobs to pay for this lifestyle (or inheritance), but many will be paying for it using their flexible friend.

It really is a lifestyle decision when you decide to make paying off your mortgage a priority, but for me it's about the flexibility that comes with it - the ability to leave a stressful job, the ability to buy things without worrying where the cash is coming from, and finally the smug feeling that you really are "one of the few" !!!.