Mortgage free by 2023 (!)

greent

debtfreeoneday said:

£25 for selling an item today and £2.50 snaffled on TCB buying a £10 gift card for Asda that I we going to spend £10 at later anyway. 

Ooh thanks for this - I've just done the same! X

South_coast

Good luck for the interview 🍀!

debtfreeoneday

Ending the week with another £5 from ipsos and £30 from a focus group both topping up my Amazon account and £5 for selling an item. 

debtfreeoneday

Clock change always fries my brain and I end up sleeping badly and getting up earlier. I then spend the day manually adjusting the time in my head. Even though I know my phone updated there one I still got up thinking it was 1 hour later than it said. So ended up getting up at 2.30am. As you do. Unable to sleep and now wide awake. Sigh. It’s going to be a long day. 

Planned event cancelled this week so some pennies back into the account which I’ll put towards the mortgage CC. 

Hope all have a good day and thinking of those who find today hard x

South_coast

Ahhh, thank you, you've just answered my questions about how on earth I could have slept so late. I'd forgotten the clock change 🤣!

Hope you've managed to at least doze for a bit x

Karmacat

Yep, just been moaning about it on my thread 

debtfreeoneday

Well my mega early start meant I spent ages juggling money about in the pots and long story short I feel way better for it. 

I’m back to saving for three pots which suits my brain. 

1) mortgage OPs or mortgage neutral (I’m debating this at the moment) £1007.12 / £3000
2) emergency fund £400 / £1000

3) Whatever needs saving for at the time, currently a holiday balance to be paid for by the end of the year. £0 /£300.30

This way, my first two pots remain constant and ongoing. The third can change depending on priorities. 

Any money coming in will be split 25% to pots 1 and 2 and 50% to pot 3. Any pennies on any other household pots or additional earnings get swiped over once a week to one more pot in which we are saving £1000 for the children. We are under no pressure to do this so I kind of ignore this pot and will just let me build up pennies at a time.  £1.49 / £1000

SandyShores

Sounds great debtfreeoneday, time well spent.  I find it good to have it clear in my head too.  Currently have 3 pots I'm working on (Savings, Mortgage OPs and Xmas saver), then mortgage neutral and my personal savings will look after themselves for now.

debtfreeoneday

March round up. A few days early but unlikely to change now. 

MORTGAGE £20 / £2000

SAVE EF £420 / £1000 

EARN £1076.82/ £1750 

SAVE Dec 22 Food budget £133.00 / £400 

EARN Amazon vouchers -£259.03 / £300

✔️Clear sofa balance £642.80 / £642.80✔️Clear gift account £800 / £800✔️CLEAR CC advance for OP £914.17 / £914.17✔️OP £1007.12 / £1000

Mortgage balance - £50,431.05

Mortgage percentage left to pay - 19%

80 months left 

+

* I earned £98 in Amazon vouchers this month. 

* hit £1000 of free money in 5 months. 

* officially own 81% of the house 

I don’t feel there are any negatives this week. I’m just super pleased with progress so I’ll take the wins!

Suffolk_lass

Oh what a great round up. Well done and congratulations. Really good progress. 🎉🎉