£20,000 overpayment!

CathT

Wow, well done. I'm hoping to be MF by 40 too. Now your diary has been found you'll have to update us more regularly of your journey

My little ones are a similar age to yours and you're right, it's just time with us they want at the moment with the odd treat throw in. A few years down the line they will be after the latest 'wants' so let's make the most of it

fothers365

Congratulations!:T:j

That will be a huge boost paying a chunk off. We have 3 little girls, all young like yours and have started this MF campaign too. We would really love to be able to pay it off in 5-7 years if we throw everything we have at it and live very cheaply we might be able to manage that but we will see!:)

forthefuture

Congratulations Pollyanna! That's absolutely incredible. A great parent as well I'm sure.

pollyanna24

Ooh, now my dilemma is... do I go back to my diary, or carry on posting to this thread? Haha.

Thanks again for words of encouragement.

As to being a great parent, hmmm not sure. Girls seem to like me anyhows, and suppose that's all that matters.

cheshire_bird

:TWell Done!!!
I know how big an achievment this is....I too am a single mum to 2 children but mine are a bit older than yours,and I've been raising them alone for 10years. I paid off the same amount (£20000) last october as soon as i came off my fixed rate,and I've overpaid whenever I could. I, like you, raised this amount by scrimping & saving at every opportunity, having a virtually non existent social life, very few family holidays & saying 'NO' to my children a lot more than I would have liked. I ended up having a very expensive divorce & had to find thousands in order to buy my ex out of an endowment.
Anyway, to cut a long story short, the afore mentioned endowment matures later this year. It should clear my outstanding mortgage & give me a reasonable amount to be able to treat myself & my kids. And I can rest safe in the knowledge that should anything happen to me, the house is bought & paid for & will help to make my kids future financially secure. Its been a long hard struggle but the light is now burning brightly at the end of the tunnel. My message to you is keep going, dont let anything or anyone sway you from your target. You'll be there before you know it.
Good Luck!!!!!:)

geek83

well done polly!!!

Ben-_2

Good work!

forthefuture

Well you should consider that you're financially stable as an achievement that many parents unfortunately haven't reached.

pollyanna24

forthefuture wrote: »

Well you should consider that you're financially stable as an achievement that many parents unfortunately haven't reached.

This is very true, and thank you for your comment.

I have no idea where I will be in a few years' time as I work for a sole practitioner (lawyer) in London. When he retires, I think I will find it hard to get another job (esp one that pays quite well) as at the end of the day, I type and answer phones for a living!

So, my plan is when I'm made redundant (if that's what happens when your boss retires), I'll be in the best possible position for me that I can accept a part time job in Tesco (actually quite like the idea of a being a check out girl!).

cabbage

HI

He might sell the practice as a going concern and then you get transferred to the new owner when they take over.

Having said that, my shopping is getting to be more expensive than my mortgage so maybe with a staff discount it would be a good idea to work for tesco's do your job and go home + no stress.

Well done with the overpayment - its a fantastic achievement especially for a single mum. Pat on the back