I can't sail the seas forever!

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  • Runders
    Runders Forumite Posts: 292
    Sixth Anniversary 100 Posts
    Forumite
    Well, it's finally pay day! Wahoo!

    I was very bad this month and went over my budget and ended up stealing some money from my savings. Anywho, my account is now sitting exactly as it should if I hadn't gone over and I am going to try extra hard this month. I do have two weddings to go to though, it's things like this that throw me off for the month! Do other people find the same?

    So my house (really it's a building site) has not come on this week, booo! I was hoping to have had the skirts in the bedroom done so I could get it all painted up and actually have a room that was moved into. I am also praying that the guy doing the work can get the downstairs boards sorted in time for my fireplace being returned on the 16th, I'm really looking forward to this. I can't wait for it to all be done so that my general savings starts going up instead of down!

    I've decided to add my general savings to my signature and track it on here as well, might make for some extra motivation.

    I've managed to sell a few bits on ebay, and I have a few more to add, so hopefully have a nice amount for OP at the end of the month.
    MFW Start:[STRIKE] Sep 2014 - £110,844[/STRIKE], July 2019 New Home £190,995 :eek:
    Current: £82,999.69, £190,972.18, £188,091.57, £180,026.25
    2021MFW #97 OP Goal £296.36/£3000
    2020MFW #97 OP Goal £3104.09.09/£3000
    2019MFW #109 OP Goal £1024.99/£1000
  • Luckyinlife
    Luckyinlife Forumite Posts: 1,613 Forumite
    I know the feeling about it being a building site mines been like it for 4-5 months now and we are very very close to the finish week or 2 away

    and my saving keep going down down to so will be nice not to spend so much agine

    What did you have done to the fire place ?
    Mortgage--- [STRIKE]£67700 March 15[/STRIKE] [STRIKE]£65221 April 15[/STRIKE] [STRIKE]£64983 July 15[/STRIKE] [STRIKE]£64780 sept 15[/STRIKE] Remortgage [STRIKE]£67295 oct 15[/STRIKE] [STRIKE]£66599 Nov 15[/STRIKE] [STRIKE]£65878.73 Dec 15[/STRIKE][STRIKE] £64834 1st Jan 16[/STRIKE] [STRIKE]Feb 16 £64,511.89[/STRIKE][STRIKE] March 16 £64,056.40[/STRIKE] [STRIKE]April 16 £62550[/STRIKE] [STRIKE]May 16 £62,396.20[/STRIKE] Feb 17 £60.800
    Emergency fund 23k
  • Runders
    Runders Forumite Posts: 292
    Sixth Anniversary 100 Posts
    Forumite
    Hey Luckyinlife,

    I am currently working my way through your diary, but I did see that you are doing some pretty big renovations on your place. I bet you can't wait for it all to be done and just relax in it for a bit. Mine has been like it for about a year now, I'm not sure I'll know how to live without boxes everywhere! haha.

    I had a traditional Victorian cast iron fireplace that was unusable in it's current state, so I sent it off to London to be restored by a specialist company. They are supplying and fitting a new fire back, sourcing bars and a grate as these were missing, sorting out some cracks and then will refit and supply a slate hearth. It sounds majorly expensive, but it was actually less than having a wood burner fitted and I personally prefer open fires. I can't wait to sit by it with a GnT in the winter months!
    MFW Start:[STRIKE] Sep 2014 - £110,844[/STRIKE], July 2019 New Home £190,995 :eek:
    Current: £82,999.69, £190,972.18, £188,091.57, £180,026.25
    2021MFW #97 OP Goal £296.36/£3000
    2020MFW #97 OP Goal £3104.09.09/£3000
    2019MFW #109 OP Goal £1024.99/£1000
  • Runders
    Runders Forumite Posts: 292
    Sixth Anniversary 100 Posts
    Forumite
    Okies, all my payments have gone to their various different places, and my biggest news is.....I'm now under the £105k mark at £104905.71, whoop! I know it's only just under, but it still made me happy.

    I am also in line to make my target of £2.5k overpaid this year. I have £236.43 to go to reach it and my regular OPs in Nov and Dec will cover this.

    All in all I am feeling pretty pleased :)
    MFW Start:[STRIKE] Sep 2014 - £110,844[/STRIKE], July 2019 New Home £190,995 :eek:
    Current: £82,999.69, £190,972.18, £188,091.57, £180,026.25
    2021MFW #97 OP Goal £296.36/£3000
    2020MFW #97 OP Goal £3104.09.09/£3000
    2019MFW #109 OP Goal £1024.99/£1000
  • Luckyinlife
    Luckyinlife Forumite Posts: 1,613 Forumite
    firstly well done hitting under 105k :] that 100k is soooo close go get it :]
    Do you think you can aim for 5k next year if the renovating is finished ?

    Ah i know i do like to ramble on my diary haha Ya i went for a full refurbish in the end new new boiler/full electrics/full plastered every wall and ceiling /new kitchen/new bathroom/ loft space will be a office with 2 velux windows /new doors internal
    Im glad to say its 95% done now just some small stuff and paiting and floor to go

    Open fires are the best money well spent imo i dont have a log burner or anything myself for many reasons mainly i just wouldn't use it but my mum has one and its great in the winter her house needs it as its up a mountain and its bigger gets so much colder than my place haha
    Mortgage--- [STRIKE]£67700 March 15[/STRIKE] [STRIKE]£65221 April 15[/STRIKE] [STRIKE]£64983 July 15[/STRIKE] [STRIKE]£64780 sept 15[/STRIKE] Remortgage [STRIKE]£67295 oct 15[/STRIKE] [STRIKE]£66599 Nov 15[/STRIKE] [STRIKE]£65878.73 Dec 15[/STRIKE][STRIKE] £64834 1st Jan 16[/STRIKE] [STRIKE]Feb 16 £64,511.89[/STRIKE][STRIKE] March 16 £64,056.40[/STRIKE] [STRIKE]April 16 £62550[/STRIKE] [STRIKE]May 16 £62,396.20[/STRIKE] Feb 17 £60.800
    Emergency fund 23k
  • Runders
    Runders Forumite Posts: 292
    Sixth Anniversary 100 Posts
    Forumite
    Hi Lucky,

    I know, it's getting closer and closer! I just paid an extra £17.95 off as well from the interest I earned in 2 bank accounts for last month.

    I am not sure I would be able to up it to £5K, as I currently pay for all my renovations out of my general savings. I could however, up it to £3K think.
    MFW Start:[STRIKE] Sep 2014 - £110,844[/STRIKE], July 2019 New Home £190,995 :eek:
    Current: £82,999.69, £190,972.18, £188,091.57, £180,026.25
    2021MFW #97 OP Goal £296.36/£3000
    2020MFW #97 OP Goal £3104.09.09/£3000
    2019MFW #109 OP Goal £1024.99/£1000
  • nicknameless
    nicknameless Forumite Posts: 1,047
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Forumite
    Out of interest what is your mortgage rate?

    Do you have a plan for pensions / retirement income (your OP stated that being able to stop working was your impetus)?
  • Runders
    Runders Forumite Posts: 292
    Sixth Anniversary 100 Posts
    Forumite
    Out of interest what is your mortgage rate?

    Do you have a plan for pensions / retirement income (your OP stated that being able to stop working was your impetus)?

    Hi there,

    My mortgage rate is 2.69%.

    I didn't mean stop working altogether (I'm only in my early 30s), I just meant the type of job that I currently do as it is very physical.
    MFW Start:[STRIKE] Sep 2014 - £110,844[/STRIKE], July 2019 New Home £190,995 :eek:
    Current: £82,999.69, £190,972.18, £188,091.57, £180,026.25
    2021MFW #97 OP Goal £296.36/£3000
    2020MFW #97 OP Goal £3104.09.09/£3000
    2019MFW #109 OP Goal £1024.99/£1000
  • nicknameless
    nicknameless Forumite Posts: 1,047
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Forumite
    Runders wrote: »
    Hi there,

    My mortgage rate is 2.69%.

    I didn't mean stop working altogether (I'm only in my early 30s), I just meant the type of job that I currently do as it is very physical.

    Ah okay. Can understand that fully.

    I know this is MFW but don't forget other things that can help you attain some flexibility in the need to work, or the type of work you can do. Houses don't generally pay an income ;) and that mortgage rate is quite low (i.e. there are other options than mortgage overpayment that make you richer long term) to focus exclusively on.

    If I could go back and talk to my early 30s self I would be advising me to save more, and not into bricks and mortar at a time of all time low interest rates.

    Good luck with it.
  • Runders
    Runders Forumite Posts: 292
    Sixth Anniversary 100 Posts
    Forumite
    Hey Nicknameless,

    Good food for thought, I have been pondering other things lately. I'm about to up my private pension contribution and maybe look into a few other things.
    MFW Start:[STRIKE] Sep 2014 - £110,844[/STRIKE], July 2019 New Home £190,995 :eek:
    Current: £82,999.69, £190,972.18, £188,091.57, £180,026.25
    2021MFW #97 OP Goal £296.36/£3000
    2020MFW #97 OP Goal £3104.09.09/£3000
    2019MFW #109 OP Goal £1024.99/£1000
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