Morgage Free when you are addicted to shopping.

littlegreenpeas

Ok this is a bit strange but will help me over the Sale period.

I promise you all that I will not buy items in the sales, however cheap they are for a whole month. Purchases will only be things that are necessary.

This includes any shop especially Monsoon and my favourite place being ebay. I have lots of clothes and tons of jewellery and we dont need anything else to clutter up the house.

I will allow myself to go on ebay if selling as this will contribute to my OP account and not to buying more stuff.

Happy Christmas all

LGP x

Crumpets

Good luck with your challenge LGP, I'm not going to join you if you don't mind as there are a couple of things I'm going to look out for in the sales

Well done with having £800 to op, I'm sure by not spending in the sales you'll soon raise the extra £200.:T

Merry Christmas :rudolf:

Crumpets x

littlegreenpeas

No worries Crumpets, I am not expecting anyone will join me, but I have to do it, or I wont be able to make any overpayments.


Please go and spend some money on bargains, hope you get what you want.


Today has been a NSD yippee


Merry Christmas


LGP x

littlegreenpeas

Well today is the second day of shopping free only 29 to go, this is normally the day I would be trawling the sale websites but I have deleted all the emails in my inbox, without reading them.


Yesterday was with my parents and today was with the inlaws. I was lucky enough to get some money for Christmas and I am going to put this to the OP which makes us closer to the £1000 target but not there yet. Hubby is keeping his money, he hasn't offered and I am not going to ask.


Back to work tomorrow so I will make my sandwiches tonight and keep away from the shops.


I told my Mil that I was staying away from the shops and she smiled and I told my mum and she laughed so I need to do it to prove them both wrong.


LGPx

Crumpets

Hi LGP, merry Christmas! Trying to prove people wrong is a definite motivator, when you feel like splurging just remember your mil's smile and your mums laugh and put the item back!:D

I've been trawling the sales online but not found anything, I really want a new winter coat, but not seeing anything that's suitable or reduced:(

Crumpets x

jamesd

littlegreenpeas wrote: »

it wants 3 medium eggs and I have large. Vegetable oil and I have sesame or olive.

Why not freeze some eggs after buying them at a cheap place so you always have some available even if you happen not to have fresh? Small plastic snack bags or similar can be used to hold the eggs and because they can be allowed to spread out before freezing that also helps them to defrost quickly.

Vegetable oil keeps for a long time so it's worth just keeping an extra bottle around at all times, buying when you switch to the last one. That also gives you time to wait and buy at a cheap place when buying lots of other things to reduce the travel costs. Same for other things with long shelf lives like flour.

What's your mortgage LTV like? Anywhere near a boundary where mortgages get cheaper? Near meaning within say five to twenty thousand Pounds.

littlegreenpeas

Hello All

Thanks James, I didn't know that you could freeze uncooked eggs, that would be a super idea when I want a quick dinner, I can just pull out a bag of prepared omelette with filling. :beer:

I have learnt my lesson and will keep a small bottle of VEG oil just in case.:D

LTV is 39% so I don't think it will be getting any cheaper soon. Any tips would be greatly appreciated.:T

Crumpets, I dont know what coat you will be looking for but always try the tcb site first and maybe some of the ebay shops if you fancy branded or ASOS.

Welcome serranew, I should give things a priority, I shall try this later on in the month when I will have to sit on my hands. This is the time I buy most of my jewellery on ebay as people are selling it cheapest to pay off credit card debt.:A

Nothing to report from here, at work and not very motivated. No change that not motivated at all.

Happy days

LGP x

Ninnins

Hi anybody on here today? I haven't been on here for a while, but still check back for motivation ... please help someone. I am in a mess and final wake up call arrived last month in the form of my mortgage provider letting me know that if I don't start repaying the capital on my mortgage I don't have a snowball's of being mortgage free by retirement. I've done a SOW which gives me a budget so tight that there is no "wiggle room" at all. I have applied to re-mortgage to incorporate £27,000 of unsecured debts, on a repayment schedule that would repay mortgage and unsecured (to be secured as part of the plan) debts. Problem: I am 55 in a few days' time - the remortgage would take me into age 74 (!!!!!) before repayment date. In the meantime, I stand to get a pension of around £70,000 lump sum at 60 with a residual pension of around £400 monthly. Also the plan is to downsize over the next 5 years. I can't see that I have much choice other than to plod on living on pennies and scraping through making minimum payments. Has anybody else gone down this road? I am desperately unhappy. I try to think of the advice that no financial situation is not resolvable - but my situation is dire. I have a dependent son (he is trying to save to move out), two dogs that I inherited (limiting my accommodation options) and soon-to-be-dependent mother. Please help.

littlegreenpeas

Hi


A few things when you look around your house and through you soa.


When you look at your bills is there anything that can be negotiated to be cheaper. ie internet, food, sky and utilities


Are you regularly using all the food/toiletries in your cupboards or just buying more ?


Do you have anything that you can sell or do without ie luxuries ?


Do you have space to take on a lodger ?


Do you have any skills that you could sell as a service, Bookeeping, dog walking, ironing and gardening etc


If you mother will become dependant, can you get any benefits for her?


LGP

jamesd

With you at 39% LTV I've no big tips about that. However, if you have the spending control you might consider use of 0% for spending credit cards for all possible purchases. Then you can use the money you're spending on the card in a savings account or for mortgage overpaying. Just be sure that you keep good track of the spending, it's not something for an unreformed person who likes to shop for fun to do! You'll need to ensure that you have the savings available to clear the card, your emergency fund is a good standby for that, or getting another 0% for spending card several months early and spending on that while you clear the first.

How is your retirement planning going?