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Hope is not an Effective Financial Strategy
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Hi SJ. Long time no speak. Just had a catch up on your diary. Good going over the last month
Off to work out my % now that I've read the 1/3 thing. Will let you know what my calculations turn out looking like.Total Mortgage OP £61,000Outstanding Mortgage £27,971Emergency Fund £62,100I AM NOW MORTGAGE NEUTRAL!!!! <<Sep-20>>0 -
With o/p included I'm paying 51% to my mortgage, but only committed to 33%, and 12.5% goes on council tax, and I have a very low wage
then I have the bills, savings etc - all I can say is thank goodness for surveys, cashback and the bay Always have 00.00 at the end of your mortgage and one day it will all be 0's :dance:MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_Now a Part Timer from 27.10.190 -
shangaijimmy wrote: »Off and running with TT,s for the week with a whole £1 this morning. Now begins the official mid month financial slump for the next 9 days. Add to that we have £9 in the bank! Food and petrol are accounted for so its just no fun times!
I find once you're in single figures it's psychologically easier! You might find yourself overpaying that £9 once payday arrives.June 2025 - part 1 - £19,145 part 2 - £21,973 Total - £41,118 29 months to go!0 -
Cath that sounds like a challenge to me...!MFW: Was: £136,000.......Now: £47,736.58......0
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We all know how much you like a challenge!0
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I do love a challenge however i haven't factored in my daily TT's. Now figuring that i wont be spending any money that should give me a tidy account balance each day. Today i TT'd £1 to reduce my balance to £8! Factoring in days till payday i should end up with £1 left! Which i will definitely OP!MFW: Was: £136,000.......Now: £47,736.58......0
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Well I TT'd £1 this morning to take balance down to £7, however I'm going to definitely fail! Tomorrow our pooch is booked in for his haircut and Mrs SJ is booked in for her nails done.
I'm can't really work out where we've gone wrong this month either! It's no big drama as we'll end up about £50 overdrawn, but there's no fees on that. On the other side of things our everyday cc card is lower than usual at this stage of the month so I'm sure we'll make it up.
Just goes to show that no matter how planned you think you are, you can easily come unstuck!MFW: Was: £136,000.......Now: £47,736.58......0 -
You are not on your own having a tight month Jimmy - I am waiting for some expenses from work to make our current account solvent again and we still have until the 31st to go until payday.... May is a.blimmin long month0
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Squeaky tight at EE towers too, it seems such a long month, there's even a day still to go after the BH too!0
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The mystical month of May... £1 TT this morning so balance now at £6!MFW: Was: £136,000.......Now: £47,736.58......0
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