Was Mortgage Free until 52!!!

bexster1975

Hello!

You are quite right, it is what inspired the list in the first place!

You will be pleased to hear half of one of the jobs is done. I will finish it Tuesday evening. Depending on how much needs to go to the tip I will start the last one on Thursday night. ( I say last one, I'm already making a new list of them, but with 4 weeks to good I thought, what the heck!)

Shame about your weather. It's been overcast here in and off but otherwise dry, but very windy.
Started list of things to do over long hols; some fun, some needed.

Have a good evening, I will report back during the week on progress

Bexster

A_Frayed_Knot

Ok, so still felt in some mess with all the financials (due to factual o/p's being halted)

So tonight sorted bank accounts so I actually know what everything is for now

Made up three accounts -
1 for extra income (What I call my "Lying in wait to o/p account) but could be used for anything else :rotfl:
1 for actual o/p's (which I call my Spent Phantom o/p's - BUT no going back :eek:) As these amounts have been deducted off my Phantom Mortgage Balance **(more of that later)

and another for a c/c - which I don't need to pay until Jan 2019
(treading careful with this one, as soon as spent - I transfer the amount over to this account )

**Phantom Mortgage Balance - this way I can still round off to 00.00 balance :j
Just transferred my mortgage balance onto a spreadsheet and keep rounding off as I would normally, the only difference is this is Phantom but amounts I enter as o/p's goes straight into my Spent Phantom o/p account, never to be seen again, until ready to o/p once my "deal" is finished.

Hope you can all follow that, it's the only way to go for me, I've spent the last month not being allowed o/p's and was completely at a loss, ££'s building up in an account, just doesn't do it for me. I NEED to see that Mortgage Balance going DOWN.

So now I'm sorted and look forward to being able to "Phantom" o/p once again. :A

PrincessLou

I think the 'Phantom Mortgage Balance' is a great idea. I can imagine how frustrating it must be not to see your mortgage balance going down. Keep up the good work! :T

bexster1975

Hi

I sympathise with the not being able to overpay. If the phantom mortgage works for you, I say go for it. I confess it never really phased me. As long as the money wasn't in my current account, and gaining a similar ( ideally higher) amount of interest as the mortgage cost I just felt it was six and two threes to me. I know you have a bit more of a rounding obsession than me tho!


ETA: lol! As this is my 899 th post!!
Hope you had a good day

Bexster

gallygirl

That's what I did as well - all money allocated to the mortgage was unofficially offset on my spreadsheets - I had a variable rate with unlimited OP's, but 5 & 6% savings accounts made better sense so lots of columns on the spreadsheets . A bonus was you had more milestones to reach - the real and offset balances could both cross another 1k off :T.

A_Frayed_Knot

PrincessLou wrote: »

I think the 'Phantom Mortgage Balance' is a great idea. I can imagine how frustrating it must be not to see your mortgage balance going down. Keep up the good work! :T

Thanks, just needed something as I feel I "lost" a month of o/p's. Made up for it now, though see updated signature

bexster1975 wrote: »

Hi
I sympathise with the not being able to overpay. If the phantom mortgage works for you, I say go for it. I confess it never really phased me. As long as the money wasn't in my current account, and gaining a similar ( ideally higher) amount of interest as the mortgage cost I just felt it was six and two threes to me. I know you have a bit more of a rounding obsession than me tho!
ETA: lol! As this is my 899 th post!!
Hope you had a good day
Bexster

Obsession is not the word for it . . . . :rotfl: I did notice your no. of posts, just as much as I noticed £9.59 :eek: on the end of PrincessLou's mortgage I call it "an eye for detail"

gallygirl wrote: »

That's what I did as well - all money allocated to the mortgage was unofficially offset on my spreadsheets - I had a variable rate with unlimited OP's, but 5 & 6% savings accounts made better sense so lots of columns on the spreadsheets . A bonus was you had more milestones to reach - the real and offset balances could both cross another 1k off :T.

I'm thinking you may have had the DeLuxe model of all spreadsheets :A,
whereas I have, what I would call 4 columns and a balance

Anyway, keeps me happy

Note to PrincessLou - Get ebaying and see that £9.59 disappear

Note to Bexster - Make another post, and you will have 00 at the end

A_Frayed_Knot

More pennies in the pot, as I worked late last night and have started taking lunches/break food to work again (slightly slid off the scale with this one) oops.

However we're back on track again, but still walking back from work - as always, rain, hail or shine & windy.

bexster1975

OK, OK.

900



Bexster

A_Frayed_Knot

Now I have a dilemma

do I "thank you" or not :rotfl: the "thanks" figure you have is quite rounded

How's the "hate" jobs going?

bexster1975

Lol! Re: thanks.


Can I confess I have not got very far with "hate" jobs this week? It's been a bit of a funny one so far and I'm not sleeping well thinking about it all ( hence the early message). There is an opportunity job-wise that I don't want to pass over, but also I believe I have quite a compelling reason to stay put other than my actual job! ( I see that sounds like a riddle - but again RL lurkers could be anywhere).

Anyhow, not a great deal of progress on the old "hate" chores. I should be home quite early this evening/late afternoon so will see what my energies are like then.

Ok, coffee.....

Bexster