Spent 4 years pretending it's all OK

NoOneAround

Thanks you Igamogam and try harder

Tax returns all submitted and all paid up:T
Quick glance at bank balances = 2 months bills + july tax payment sitting, so no immediate panic.
One quote accepted, another very likely, so a small pipeline in place so we are OK till end April.

Mortgage needs to move up to top of list now, statement came through :eek: end is a year sooner than I thought ..... Back to headache.

NOA
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System

Hope the headache is going NOA , at least the tax return is done and paid, one less bit of a headache.

NoOneAround

Thanks Cumbria, its been bad all week, also have slept no more than 2 hours last 2 nights. Had an easy day today though. A bit more sleep would work wonders I think. change in meds I think - fixes one thing but breaks another!

Todays achievement = carrier bag full of paperwork to recycling

SOAK in the bath then bed for me.
NOA
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Treadingonplaymobil

Well done on getting the tax return done, and on having the business account in a good place - I know that for me I am essentially managing two wildly different budgets - one for work and one for home, and keeping them both ticking along comfortably can be a huge amount of work. Sometimes I can't believe how much TIME it all takes!

NoOneAround

Thanks TOPM
We should actually log how much time it takes, and bill it - my DH doesn't do anything on this and has no idea how much time it all takes....Like the washing that the elves do :rotfl::rotfl:

Torrential rain again - got soaked through in dash from car to front door - still trying to warm up.

Oil tank is nearly empty again, I need to wait till after tomorrow to reorder, as the direct debit goes out tomorrow - so hopeful it won't need to go up as much. Oil price is high and heating bill this year is :eek: despite only using minimally as possible.

Have to review house insurances etc as renewal price is up by 40%

Also need to look up mortgage repayments, can't remember if you can still make capital repayments or whether any payment I make just reduces the interest, or even if it makes any difference as it is daily interest. On fixed rate till jan2020.

Have a good day
NOA
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NoOneAround

Just used an online mortgage repayment calculator,
put in various scenarios eg 5k lump sum then monthly over payments for remaining term, or just regular monthly over payments for remaining term.

Think it works out better if just make regular overpayments (then at least you have lump sum still sitting in your bank for major emergencies.
Monthly Overpayments from now onwards of
£1250 - zero after 6 years (balance 65K after 2 years ; end of current fixed rate)):eek:
Gives me something to work to ...... just need a way of finding extra 1k a month for next 18 months :rotfl:

System

Hope you had a better day with the headache and slept better last night and tonight.

Everything seems to be going up loads.

NoOneAround

Thank you Cumbria, much the same but at home today, and been quite lazy just playing with numbers. Sleep is an ongoing problem, has been for years.

So with numbers buzzing around my head and mortgage calcs, I started chatting to DH about it (its been a long time since I have talked money with him, it always brought me down with a crash, learnt not to bother and just deal wit it myself). Guess what, I ended up having to walk away again, because we ended up on the same loop again - looking backwards and not forwards.
"We should Have sorted this out years ago... (Me : well, we didn't.....
"We should have made overpayments before....(well, we didn't....
"We should have set up a plan .....(well we had an endowment - it didn't work .....
" We should have ......yes I know we should have done a lot of things, can we talk about what we ARE going to do, not what we should have .....
"you need to go see the building Soc ...(yes I know, I have been on the phone to them today, I just wanted you to know what I'm thinking...
"You'll just have to find out .... (Yes don't worry, I've been dealing with it.
"I didn't know we were in a fixed rate (I did it when we were talking about it when the last one ended - I told you.....
etc etc

Nothing changes. Been there before, it only drags me down. I'll keep playing with the numbers and work it out #onmyown

Onwards and upwards, so I'm offloading here before I go to bed. Sorry :o

NOA
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enthusiasticsaver

eco_farmer wrote: »

not knowing who the shares are with i would be suggesting the market as a whole may still have another 6-12 good months ahead of it after that unless the dividend yield is 5% + then i would be thinking of taking some profits and maybe doing some Fand Fs.

eco

I agree that in a year or so time the market could be heading for a fall and lots of opinions out there say we must be coming to the end of an investment cycle as it has gone up so much over the last few years. Shares in one company could be worth £20k one day and then a fraction of that after a market dip. There is no diversification there to cushion the fall like there is in funds. I would pay it off the interest only part of the mortgage. Imagine how you would feel if it dropped £10k in a day regardless of whether you paid for them or not?

NoOneAround

A beautiful sunny but bitterly cold morning her today .
Will try and get out in top the garden for a bit and clear up - weekend is going to be busy with taxi-ing DS to music and sports events, and a meeting at school tonight. Dropped into supermarket for top up shop on way home form school run. Was meant to buy pizza for tonight to take to school for DS to eat in car before meeting starts. Bought a whole load of other stuff but forgot the pizza Ive been having more than a few senile moments these past couple of weeks.

Enthusiastic - Thank you, same suggestion as eco and it makes a lot of sense. The company forecast still looks good for next year, but as you say you never know. Perhaps need to look at cashing half this tax year.

Yesterday managed to call mortgage company to find out how much overpayment I can make during fixed rate etc, still have another few questions, as to how they will treat the payments (ie towards the capital or off the interest. I wasn't clear on what they meant - I realised afterwards the adviser did not use the word "capital" even though I had , just said overpayments reduced the interest paid. Need to look up the actual calcs to used to check most effective way to pay off. haven't ever really looked at the mortgage threads on here, so will try and check those as and when I have time. What to be ready with a plan for when fees money is freed up.

Fingers crossed things carry on well with SE this year, and with DH employment, They just had a big review with big bosses doing the rounds - everyone was wondering why:eek:

SE work this morning, an hour gardening as my treat if I get enough done

NOA
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