Hope is not an Effective Financial Strategy

edited 3 March 2020 at 8:18PM in Mortgage-Free Wannabe
4.2K replies 345.5K views
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  • Cheery_DaffCheery_Daff Forumite
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    Good stuff! I think you're the only person I've ever known to win something on the postcode lottery! Isn't that twice now? Very impressive!
    Mortgage end date at start: Feb 2043
    Mortgage end date now: Feb 2033
  • Cheery_DaffCheery_Daff Forumite
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    Good stuff!

    Are Funding Circle a kind of peer to peer thing? Had a quick look and they seem to be lending to businesses but with no business plans etc.  Is the rest of your dosh stuck for those 31 months now then?? Is it just FC you'd not use again, or all those types of platforms, or just the higher risk loans?

    Sorry, lots of questions for before breakfast!
    Mortgage end date at start: Feb 2043
    Mortgage end date now: Feb 2033
  • Cheery_DaffCheery_Daff Forumite
    11.6K Posts
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    Aha, makes sense. Sounds like you got out at the right time!
    Mortgage end date at start: Feb 2043
    Mortgage end date now: Feb 2033
  • shangaijimmyshangaijimmy Forumite
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    Well another week trundles on. The increasing covid cases has started to have an effect on my work again and the picture for the next few weeks looks very uncertain workwise. We will continue to adapt and be agile. The only thing I can control at work is how we react to the changing circumstances. My thoughts are now changing to the school holidays and thinking about entertaining the kids, and this chaotic working that we both have at the moment!

    Amazingly we've won another £10 in the postcode lottery  :) That's 2 weeks running! As usual I will send the cash to the mortgage as soon as it lands.

    MFW: Was: £136,000.......Now: £66,808.05......
    Mortgage Neutral Deficit: £50,537.43... Mortgage Neutral Savings: £16,270.62
    MFiT-T5 #8 - £17,522 of £23,100 (75.85%)
    1% Mortgage Challenge - £566.30 of £705
  • Cheery_DaffCheery_Daff Forumite
    11.6K Posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
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    You've definitely got some kind of swizz going on with the postcode lottery! :lol: I've never won once, at either house! :open_mouth:

    You're right about only controlling how you react - easier said than done sometimes though! 
    Mortgage end date at start: Feb 2043
    Mortgage end date now: Feb 2033
  • KarmacatKarmacat Forumite
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    Agility is a good word to describe what's needed, sad to say.  Great when it's a choice, not so pleasant when it's a necessity .... 
    Downsized and paid off mortgage 2010
    Retired August 2016
    Paid off French mortgage September 2018
    New kitchen fully installed June 2019
    Not counting this! 2020
    Garden fencing completed, woohoo 2021.......... Bunny hugger
  • debtfreeonedaydebtfreeoneday Forumite
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    Good news on the lottery wins!
    DFW (08/08) £64,346.53 Gone for good (02/19)
    MFW (01/15) £56.592,54
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