The "Mortgage-free in 2025-30" club!

turtlemoose

It's quiet on here folks!!

MFWKid

Hi,
Put me down for the list!
Mortgage end date 2043, Target date 2030, Goal - mortgage free by 50!

A_Frayed_Knot

Hi, can I join you,Mortgage free 2030, Target 2025, New Target date 2023 for now.
Goal to get target date down to 2020 - when i'm 60 !!!

Firegirl

Lunch made for tomorrow- aiming for a NSD. Anyone fancy setting a challenge for NSD this month?

turtlemoose

sounds good firegirl - 27 days left including today so I'm going for half that, I'm in for 14 NSDs

Firegirl

Turtle moose! That is a tough target. I'll aim for the same!!!

Mummyisbeauty

Just upped my monthly payment by £50 and knocked another year off. Although if I up it again (will prob in Jan) I will then have a mortgage free date in 2024

choccielover

Well I've been well and truly derailed

I had a holiday overspend, started xmas shopping (budgeted for though), booked some expensive Christmas days out, birthdays I had forgotten about :mad:, new work clothes required and a friends birthday weekend costing a blummin fortune, it's all added up.

It's not a problem in terms of not having the money, it just means that the money I had earmarked to go to mortgage op's is being diverted for a couple of months.

So I am going to continue with my op's out of the account interest etc, my bigger ops will be deferred till Jan 16.
I'm not going to stress my self about it, I just need to make sure it starts bEfore I get used to the money, the whole point was its money I haven't technically ever seen as it Was always earmarked to cleared my 0% cc or paying off the car loan (now gone)

I don't think this will derail my mortgage free date, as well as op'ing I have a set amount going into savings so I will me mortgage neutral at the very least by my expected deadline (I think!!)

Congrats to the newlyweds, I wish you a lifetime of happiness and a short road to mortgage freedom

Firegirl

Choc- don't worry about the derailment!!!! It happens to me more than most but just get back on track and keep chipping away at that mortgage!! Have a cheap few weeks to make up for it and then enjoy all the fun you've planned!

choccielover

Firegirl wrote: »

Choc- don't worry about the derailment!!!! It happens to me more than most but just get back on track and keep chipping away at that mortgage!! Have a cheap few weeks to make up for it and then enjoy all the fun you've planned!

Thanks Firegirl.

Yep that's the intention, curb it back where possible, at the very least stick to budget.
It's a hit to savings rather than debt accrual, but still.... I want my savings chunking up where possible.

How goes it with you?.