Hope is not an Effective Financial Strategy

shangaijimmy

Just spotted the MF in 3 update and am a little bit disappointed to be in the yellow , Halfway through the challenge and we're at 47.86% of target, which in actual terms is a shortfall of £876.

So i need to increase my efforts over the next 18 months....! I love a challenge and 41k in 3 yrs certainly is a challenge!

Kittenkirst

shangaijimmy wrote: »

2 big failures today...

New listings = 0
Accounts Posting = 0

Long day and am shattered so heading to bed as soon as kids are all done for bedtime and will do some diary browsing instead.

Big plus is a NSD though!

You are in good company Jimmy; I too have not listed anything but instead found 8 more items for the fleabay box...the box isn't getting any smaller m, just growing

DeterminedSingleMummy

I havnt listed anything new for ages... just relisting old stuff... maybe we should all commit to listing something :j even if its just one thing... I've had zero motivation with ebae lately but I am finding that my relisted stuff is selling (one item sold and I first listed it in March I'm sure)

A_Frayed_Knot

Well you lot, I am just about to put you all to shame

24 Items listed and 6 Sold, including the one item that was only listed for 8 mins 17 secs

Actually thought I must have made an error on the listing it sold that fast.

So come on, get listing, it's not going to sell sitting in the corner of the room, is it?

SJ - your shortfall is not that bad, after all you can always tell yourself, you can top it up if you had wanted with your MB. Thanks for the link, I have read half way through so far, and asked DB when the football started as need to be ready in time. He said some has started but main ones in around a fortnight. Really going to have a bash at this,not as if I do anything else with my time :eek: :rotfl: :beer:

shangaijimmy

62p TT this morning. Also been up since 6am with baby SJ so took the chance to do accounts for July...

shangaijimmy

A fantastic month, and cant believe we're approaching payment 30 of 100!

Highlights

• Closing Balance - £105,296.75
• Total OP's - £608.01
• Net Reduction - £1,081.49
• Daily Int Reduced to - £4.73
• LTV - 47.65%

Diary Averages

• Ave Monthly Payments - £1,254.74
• Ave OP's - £578.79
• Ave Net Reduction - £1,058.73
• Cumulative OP's - £16,785.03
• Cumulative Net Reduction (29 months) - £30,703.25

greent

Great figures there, jimmy!:T

CathT

Great figures Jimmy, your daily interest is a pretty good rate too. Think we are on about £6.70 for about 80k

shangaijimmy

Thanks Cath and Green,. Our rate is 1.64% for the next 18months which makes is starting to make a real difference to the whole snowball effect.

lippy1923

Great figures SJ. We too are benefitting from a good rate 1.49% which def makes a difference in daily interest/ snowballing effect