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Mortgage free by 2023 (!)

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Comments

  • debtfreeoneday
    debtfreeoneday Posts: 5,013 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Impulsive as ever, I've pinched £1.00 from the next mort OP and £10 from the utilities account and CC3 now stands at £399.86 :j Pretty chuffed that I reached this as it looked out of reach earlier in the month.

    So no idea what this months target will be as I have pots to get back in credit and DH's CC which we have used quite a bit. Must look back to see what we did this month on it.

    Also set up an emergency pot, I know I've done this before and used it, but anything that comes in, no matter how small, I'm going to put 10% in the emergency fund. Hopefully I won't pinch it as debt repayment continues. I almost need a separate account for it, hmm that's an idea, maybe another H-fax one to get the £5 each month?

    Right off to look at that.
    DFW (08/08) £64,346.53 Gone (02/19)
    MFW (08/08) £118k Gone (09/23)
  • debtfreeoneday
    debtfreeoneday Posts: 5,013 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Looks like we were at £662.44 on CC3 just prior to payday, so that's £262.58 paid off so far this month.. which considering the other stuff we needed to pay, I'm quite chuffed with that.

    I'm also going to track all survey income each calendar month as I'm doing OK on that on the minute, even though it takes time, every little helps.
    DFW (08/08) £64,346.53 Gone (02/19)
    MFW (08/08) £118k Gone (09/23)
  • shangaijimmy
    shangaijimmy Posts: 3,803 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    We have 3 halifax accounts for the £5's! That in itself could be the start of your emergency pot?
    MFW: Was: £136,000.......Now: £47,736.58......
  • mummytogirls
    mummytogirls Posts: 6,578 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Such a shame these referrals take such a long time, I'm sure people wouldn't feel the need to go private if it didn't take so long. Glad you're feeling a bit happier with things they've put in place x
    Mummytogirls x

  • debtfreeoneday
    debtfreeoneday Posts: 5,013 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    SJ - When I tried to open another H account, it says I've already had one so can't do another?

    Thanks MTG, it feels a bit one step forward, one step back at the moment, but we will keep plugging away and I think if things get worse, we will pursue the private referral.

    Busy few days at work and another one tomorrow.. feel wrung out by it all..
    DFW (08/08) £64,346.53 Gone (02/19)
    MFW (08/08) £118k Gone (09/23)
  • mummytogirls
    mummytogirls Posts: 6,578 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I feel like that with work too, working in a school really takes it out of me haha!!! Hope tomorrow isn't too bad x
    Mummytogirls x

  • hiddenshadow
    hiddenshadow Posts: 2,525 Forumite
    SJ - When I tried to open another H account, it says I've already had one so can't do another?

    You're allowed a single one and a joint one, so if you already have one in your name your other 2 could be joint with DH and single in DH's name.
  • debtfreeoneday
    debtfreeoneday Posts: 5,013 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Mortgage payment made and we are down to £106,513.82 and we have now paid off 37% of the mortgage.. must be nearing 50% LTV now as well.

    OP's so far this year are £1428.98 so we have beaten what we OP'd in the whole of 2015 - chuffed with that! :j

    Will do a proper update tonight after a few hectic days.. now I'm off to colour in block 107!
    DFW (08/08) £64,346.53 Gone (02/19)
    MFW (08/08) £118k Gone (09/23)
  • Ali-OK
    Ali-OK Posts: 4,073 Forumite
    Part of the Furniture Debt-free and Proud!
    Well done :T:T Great progress and happy brick colouring :D
    Back on the DFW Wagon:

    CC - £3,300 on 0% til 04/2020
    CC - £4,500 on 0% til 02/2019
    Loan - £12,063.84 as at 4/1/18
  • mummytogirls
    mummytogirls Posts: 6,578 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Well done on colouring in block 107! xx
    Mummytogirls x

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