Back to basics with pavlovs_dog: the £6k sprint

smallholdingsister

Great news, Pavlovs well done!

pavlovs_dog

I can't claim the credit for it, it is an idea I found on the boards, possibly in the DFW section. I felt that I needed something to focus the mind and not fall into complacency simply because remortgaging had allowed us to increase our built in OPs.

It stops money disappearing into the ether.

pavlovs_dog

Mortgage statement has arrived, so thought I'd update. Didn't realise that I'd been AWOL so long :eek:

In the first year on our FD mortgage, we have paid £10, 973. 03. This breaks down as follows:

Interest £2727.75 (25%)
capital repayments £2793.92 (25%)
OPs £5451.36 (50%)

According to the data produced by the MSE mortgage calculator, we have shaved 2 years off of the 25 year term. Whilst we don't expect to be able to clear the mortgage during our fixed rate period (9 years left) and find ourselves liable for an ERC, I was pleasantly surprised to discover that it is 'only' £3200. Quite affordable should we get a lottery windfall!!

pavlovs_dog

Accidentally edited a previous post instead of copying and pasting as I'd planed :doh:

August scores on the doors...

1% Challenge - the little things make a difference

January Total = £178
£10 Gumtree, £66 P!necone,£50 Swagbucks + £2 Christmas scratchcard win, £50 account tidy

February Total = £157
£25 SB,£132 council tax free month

March Total = £282.49
£132 council tax free month,£15 Swagbucks, £75.49 - credit from closing BG account, £60 account tidy

April Total = £200.00
£98.07 credit from closing BG account #2, £4.64 credit from BT account, £25 SBs, £20 Tilly Tidy, £40.24 from Quidco, £12.05 account tidy

May total = £85
£60 TT, £25 Swagbucks

June total = £140
£140 revision session, £7.51 to finish 1% challenege #1,
.......................................................
£25 SB, £25 FD reward payment

July total = £41.03
£25 SB, £10.79 Quidco, £5.24 Music Magpie

August total = £100.00
£25 SB
£20 P!necone
£40 refund from solicitors
£25 to make it a round £100

Current Cumulative total #2 = £191.03/£1000


Our cumulative OPs for the year stand as follows

MFW 2016 OP
January £610.03
February £567.03
March £659.52
April £ 610.03
May £495.03
June £607.54
July £451.06
August £510.03

Cumulative total = £4510.27/ £6000 (75%)

Pearla*Merle

Great going, Pavlov :T Those little extras really do add up! :T

pavlovs_dog

New school year is underway. Trying to save £s and lose Lbs by being a bit more organised. Food prep is the way forward! I made frittata muffins last week which were very well received. Will pinch Ed's idea of breakfast burritos this week, but this time I'll make a big batch and freeze the surplus. We are still enjoying experimenting with overnight oat recipes too.

£145 OP to get us out of the starting blocks for September. I'm being paid to wear 2 new hats in school so OPs should be pretty healthy as and when those payments come in.

2 new te$co current accounts opened to take advantage of 3% interest on balances up to £3k. Will siphon the interest off for extra OPs.

Hope you're all well

pavlovs_dog

1% Challenge - the little things make a difference

January Total = £178
£10 Gumtree, £66 P!necone,£50 Swagbucks + £2 Christmas scratchcard win, £50 account tidy

February Total = £157
£25 SB,£132 council tax free month

March Total = £282.49
£132 council tax free month,£15 Swagbucks, £75.49 - credit from closing BG account, £60 account tidy

April Total = £200.00
£98.07 credit from closing BG account #2, £4.64 credit from BT account, £25 SBs, £20 Tilly Tidy, £40.24 from Quidco, £12.05 account tidy

May total = £85
£60 TT, £25 Swagbucks

June total = £140
£140 revision session, £7.51 to finish 1% challenege #1,
.......................................................
£25 SB, £25 FD reward payment

July total = £41.03
£25 SB, £10.79 Quidco, £5.24 Music Magpie

August total = £100.00
£25 SB, £20 P!necone, £40 refund from solicitors,£25 to make it a round £100

September total = £145.00
(I've lost my notes so can't remember how this broke down )

October total = £120.00
£80 tutoring, £25 SBs, £11.18 Tesco interest, £3.82 to round it up

Current Cumulative total #2 = £456.03/£1000


Our cumulative OPs for the year stand as follows

MFW 2016 OP
January £610.03
February £567.03
March £659.52
April £ 610.03
May £495.03
June £607.54
July £451.06
August £510.03
September £ 555.03
October £530.03

Cumulative total = £5595.33/ £6000 (93%)

MFi3 update posted - balance at £96,309.

Work is mental. I am wearing too many hats. 1 more timetable until half term. Portugal here we come!

pavlovs_dog

1% Challenge - the little things make a difference

January Total = £178
£10 Gumtree, £66 P!necone,£50 Swagbucks + £2 Christmas scratchcard win, £50 account tidy

February Total = £157
£25 SB,£132 council tax free month

March Total = £282.49
£132 council tax free month,£15 Swagbucks, £75.49 - credit from closing BG account, £60 account tidy

April Total = £200.00
£98.07 credit from closing BG account #2, £4.64 credit from BT account, £25 SBs, £20 Tilly Tidy, £40.24 from Quidco, £12.05 account tidy

May total = £85
£60 TT, £25 Swagbucks

June total = £140
£140 revision session, £7.51 to finish 1% challenege #1,
.......................................................
£25 SB, £25 FD reward payment

July total = £41.03
£25 SB, £10.79 Quidco, £5.24 Music Magpie

August total = £100.00
£25 SB, £20 P!necone, £40 refund from solicitors,£25 to make it a round £100

September total = £145.00
(I've lost my notes so can't remember how this broke down )

October total = £205.00
£80 tutoring, £25 SBs, £11.18 Tesco interest, £3.82 to round it up, £25 SB, £60 Account tidy

Current Cumulative total #2 = £541.03/£1000


Our cumulative OPs for the year stand as follows

MFW 2016 OP
January £610.03
February £567.03
March £659.52
April £ 610.03
May £495.03
June £607.54
July £451.06
August £510.03
September £ 555.03
October £615.03

Cumulative total = £5680.33/ £6000 (95%)

smallholdingsister

Yo Pavlovs!
Hope you had a great holiday.

pavlovs_dog

Thanks SHS. Feels like a lifetime ago, as I'm sure does yours. apologogies for the radio silenc on the forums, it is all I can do to try and keep pace with real life at the mo.

1% Challenge - the little things make a difference

January Total = £178
£10 Gumtree, £66 P!necone,£50 Swagbucks + £2 Christmas scratchcard win, £50 account tidy

February Total = £157
£25 SB,£132 council tax free month

March Total = £282.49
£132 council tax free month,£15 Swagbucks, £75.49 - credit from closing BG account, £60 account tidy

April Total = £200.00
£98.07 credit from closing BG account #2, £4.64 credit from BT account, £25 SBs, £20 Tilly Tidy, £40.24 from Quidco, £12.05 account tidy

May total = £85
£60 TT, £25 Swagbucks

June total = £140
£140 revision session, £7.51 to finish 1% challenege #1,
.......................................................
£25 SB, £25 FD reward payment

July total = £41.03
£25 SB, £10.79 Quidco, £5.24 Music Magpie

August total = £100.00
£25 SB, £20 P!necone, £40 refund from solicitors,£25 to make it a round £100

September total = £145.00
(I've lost my notes so can't remember how this broke down )

October total = £205.00
£80 tutoring, £25 SBs, £11.18 Tesco interest, £3.82 to round it up, £25 SB, £60 Account tidy

November total = £379.17
£60 tutoring, £18 P!necone, £15.08 Te$co Interest, £286.09 backdated pay uplift

Current Cumulative total #2 = £920.20/£1000


Our cumulative OPs for the year stand as follows

MFW 2016 OP
January £610.03
February £567.03
March £659.52
April £ 610.03
May £495.03
June £607.54
July £451.06
August £510.03
September £ 555.03
October £615.03
November £789.20

Cumulative total = £6469.53/ £6000 (108%)

Chuffed to see that not only have I beaten my 2016 MFW target of OPing £6000 but I am on track to completed a second round of the 1% challenge.