our forever patch challenge

sammy70

i dont know how to put a link on? im not very good at technology! ill have to ask one of my little darlings to show me next time they visit! 
had a great weekend in the cafe thanks to the sunshine! lots of good feedback, so i must be doing something right !

im having a relaxing evening tonight as ive had such a busy few days, before im back to my schedule tommorow. Had my hair coloured today, so feel like a new woman! ive got a couple of little pre-mixed cans of g& t, a magazine, and a bar of my fave chocolate , which will all be enjoyed in a bubble bath- total luxury treat night..

we have started selling a few bits on e.bay de-cluttering, which is going well- all funds from this are going into an emergency cash fund we are building.. covid has made us super aware of the need to have a cash reserve for the unexpected, we would have been in a right tangle if we hadnt have had a stash when i was made redundant.
im thinking ahead to winter, and trying to think of something i can do on the days the cafe is closed due to bad weather to earn a crust, got my thinking cap on..

sammy70

paid £240 off mortgage from ebay sales , new balance £186,460 

Total overpaid this month- £745!! wish i could get tax refunds and e.bay sales every month....

sammy70

Paid Julys mortgage payment of £1230 last night, had the cash ready so thought might as well get it paid, less interest even if its only a few pennies!
Total, including contractual payments, paid to the mortgage in June- £3201.21  , as it stands thats an overpayment of £1971.21!! phew, feel a challenge coming on for July- see if i can make another £1230 payment , so that ive paid another month in advance payment ..

I will await the monthly interest for June before i update my signature..

sammy70

Interest for June- £442.70
Daily - £14.75
overpaid in June- £1971.21
New balance 1st July= £185,672.70 

Right, new month, new challenge- get balance below £185, 000  asap 

I will be working my socks off in my little cafe this month, and hubby will be ebaying, all extra earnt will go off the mortgage, and to build a winter fund to cover my reduced hours in the cafe in winter when foot fall drops off

Jessy103

Great overpayment, sammy. Good luck with the July target 🙂

sammy70

well today was a waste of make-up! its rained all day, had about six customers and took about £30!!   
the joys of self   employment..

going to do an account tidy and make a small overpayment to cheer myself up.

Also, we won £25 on the p.bonds, so that can go off the mortgage too..

Right, £32.70 paid off- new balance £185,670.

Fingers crossed for a busy day in my little cafe tommorow..

Tonight we are having a few drinks, pizza and strawberry flan and icecream, yum 

sammy70

thunder storms today meant another steady day in my little cafe, better than yesterday tho thankfully....

im in an organised mood, looking forward to pushing us for a decent overpayment this month again..

meal planning, watching every penny, and looking for every opportunity  to make savings are my main focus , horse insurance has come in for renewal, and has gone up £30 a month due to me making a claim, im wondering wether to cancel, and put the money in a savings pot.. need to call and check if the illness he had is now no longer to be covered, if this is so, im seriously thinking of the savings pot...mmmm

sammy70

lovely sunny weather here, and for the weekend, so hopefully should mean plenty of customers!
Last weekend redeemed the crappy days , i was literally none stop all day sunday, and took a decent ammount to make up for the low takings earlier in the week 
Today i rang and asked for an adjustment on my mortgage, as we were £11,403 in credit.. this has been done, and reduces the montly payment over the term by £37!!
I plan on doing this once a year now, i will of course carry on making overpayments, and i like the flexibility of reduced contractual payments if we have any bad months..
we have 197 contractual months left- 16 years and 5 months.. im aiming to be free of it in 100 months  ...fingers crossed- it wont be easy, but i like a challenge..

i cancelled horse insurance, as it was £86 a month on new renewal, a rise of over £30 a month,  and all the ailments hed had were no longer covered.. as he is most likely to suffer these if anything, it seems an expensive outgoing , so i will put cash aside each month for vet fees..

sammy70

monthly outgoings reduced by= £37 - mortgage, £88 horse insurance , and now £283 loan, as we have decided to use savings to clear this, not bad !
From this month now, i plan on dividing all extra cash after montly outgoings/direct debits sorted, 2 3 sinking funds of- p.bonds- long term savings, savings for annual outgoings, and d.i.y/works on house.. i will continue to make as many overpayments as possible too to the mortgage, and next july ring to adjust to  reduce the payment again.. once the mortgage balance gets to what we have in long term savings, i hope to pay off the remainder.. cant wait!! few years yet to go tho 

South_coast

It's great to hear you so excited Sammy 😀😀😀 Have a good day in your café - think it's going to be a hot one! x