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Trying My Best
trying1
Posts: 8 Forumite
After running my own business for a few years and struggling along, finally took the step to close it and get back into full time paid work!! But also continuing to do some business on the side. Best thing I Have ever done :beer:
Have a relatively small mortgage of £51000 with 22 years left, have looked on here for ages and finally decided to jump into becoming mortgage free.
Our repayments are £280.00 per month which we currently overpay by £80 per month, i have increased payments to £500 per month so overpaying by £220.00. ( Knocking 15 years off my mortgage) Also set myself a target of paying £10 per day off the mortgage as well, started this yesterday by putting off the loose change when checking internet banking!! Great idea that i saw on this forum:j
Wish me luck and ill try to keep you updated
Start Balance - £ 51000
Date Cleared - 31/12/2017
Have a relatively small mortgage of £51000 with 22 years left, have looked on here for ages and finally decided to jump into becoming mortgage free.
Our repayments are £280.00 per month which we currently overpay by £80 per month, i have increased payments to £500 per month so overpaying by £220.00. ( Knocking 15 years off my mortgage) Also set myself a target of paying £10 per day off the mortgage as well, started this yesterday by putting off the loose change when checking internet banking!! Great idea that i saw on this forum:j
Wish me luck and ill try to keep you updated
Start Balance - £ 51000
Date Cleared - 31/12/2017
0
Comments
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Welcome to MFW and best of luck!
MWCMortgage at highest (April 2008): ~£195,000
Mortgage-free: January 2021
Retired: June 2022 (186 months early!)0 -
Welcome!!
Sounds like you are off to a good start! Keep motivated by reading the diaries on here
Good luck!£2 Savers Club #156!
Looking for holiday ideas for 2016. Currently, Isle of Skye in March, Riga in May, Crete in June and Lake District in October. August cruise cancelled, but Baby due September 2016! :j0 -
good luck on your journey!MFW.....Apr 33 Aim - Dec 260
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Another great day on the journey, paid £16.53 off mortgage after checking internet banking and rounding off the balance.
Sold some books on ziffit another £14 to be put off the mortgage.
Cancelled my sky, so saving £60 a month, hopefully they call back with an offer and difference will go off the mortgage.
And a NSD so far hoping to get into a routine with my motivation/therapy coming from reading all you guys diaries
Thanks for the support
Keep her lit:j0 -
Sorted out my jar of loose change which was in the cupboard for months
£53 sterling
€35 euros
$8 dollars
Great job once added together comes to roughly £78 off the mortgage
A great wee boost for the morale,
Keep her going:T0 -
I didn't know you could convert foreign currency into UK sterling. You said $8. Where do you take it because I have a lot of loose change I would like to convert towards the effort. Thanks.Still striving to be mortgage free before I get to a point I can't enjoy it.
Owed at the end of -
02/19 - £78,400. 04/19 - £85,000. 05/19 - £83,300. 06/19 - £78,900.
07/19 - £77,500. 08/19 - £76,000.0 -
Tahlullah i changed the dollars and euros at a local bureau de changethen lodged the money into my bank account and transferred it off the mortgage,
Every little helps, the monay has been lying in a jar at home for ages,
Keep her lit:T0
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