Welcome to the Milestone Inn!

crunch_time

I've managed to pay off the bank of Mum and Dad for (hopefully) the lsat time. £500.

Very pleased with that!

Mines a large glass of red!

Cheers
Crunchy

black_cat

Paid off the penultimate debt today - such a relief.
Only one more to go!

Keep going everyone!

kirtsypoos

I'm having a chilled glass of pinot grigio tonight to celebrate my milestone - todays PAD has taken me just over 30% of debt paid since last year :beer:

peteuk

Would my £50K+ debt being down to less than £10K qualify as a milestone...

The_Only_Girl

peteuk wrote: »

Would my £50K+ debt being down to less than £10K qualify as a milestone...

That's quite an achievement peteuk. Well done. Here's wishing you success in getting the last 10k down! :T

Baldybear

Love to read this thread, great inspiration

For me love a big mug of hot chocolate, not really a drinker! Have finally today paid of my sofa, 4 years interest free credit, a long time coming

Still got a long way to go on other debts but feel motivated today!

The_Only_Girl

I am happy to announce I have reached another milestone! I have reached and exceeded the emergency fund target - £1072/£1000. Next target will be the fully funded emergency fund (equivalent to 3 months living expenses and mortgage overpayments. A cup of tea would suffice!

andyfromotley

Ha! a funny one, but today i paid my house insurance, in full, in advance. No monthly payments at an APR of 26%!!! I think this must be a first in my adult life for me and i'm 49!!

When i started my dfw journey i was paying a premium of over £400 in monthly instalments! just paid for the whole year in one go £109!! Get in. (oh i also sqeezed a 35% reduction from their original quote!!!)

The_Only_Girl

andyfromotley wrote: »

Ha! a funny one, but today i paid my house insurance, in full, in advance. No monthly payments at an APR of 26%!!! I think this must be a first in my adult life for me and i'm 49!!

When i started my dfw journey i was paying a premium of over £400 in monthly instalments! just paid for the whole year in one go £109!! Get in. (oh i also sqeezed a 35% reduction from their original quote!!!)

Yay! Go you! What an achievement! DH and I were in the same boat as you. Since we bought our house in 2003, we had our home insurance from our mortgage provider. Hubby said it's too much effort to switch. Prior to this year, he was one of those who prefer to be "married to the brand." We used to pay £50 per month for our home insurance since 2003 but by looking around and using comparison sites, last April when we renewed our home insurance we paid £150 in full for the annual premium (that's a £450 savings). Like you, it was a first in our married life. And the best part of it is, the new home insurance provide a much better coverage than the first one. Valuable lesson: loyalty doesn't pay. We are not married to the brand.

andyfromotley

The_Only_Girl wrote: »

Yay! Go you! What an achievement! DH and I were in the same boat as you. Since we bought our house in 2003, we had our home insurance from our mortgage provider. Hubby said it's too much effort to switch. Prior to this year, he was one of those who prefer to be "married to the brand." We used to pay £50 per month for our home insurance since 2003 but by looking around and using comparison sites, last April when we renewed our home insurance we paid £150 in full for the annual premium (that's a £450 savings). Like you, it was a first in our married life. And the best part of it is, the new home insurance provide a much better coverage than the first one. Valuable lesson: loyalty doesn't pay. We are not married to the brand.

You are right it doesnt, and the really cool thing is for an avid YNABber like me its one less monthly drain and another £11 each month to put to other things, that excites me (sad i know!)