My MF Mission 2015

shangaijimmy

Lovely summary. You can start the month with a smile and a hint of glee!

hiddenshadow

Brilliant figures!

lippy1923

£500 OP sent to the mortgage (£70,200-so close to 69k bracket!)
5% Reg saver matured and interest added - just shy of £100
Have moved the funds to my ISA
1 brick coloured in
1 month knocked off the term of the mortgage


Lots of upcoming expenditure - Car, credit card etc
Iv got a separate fund for this that I'm starting as my "spend fund". Hoping I can save this up in the next few months, so I don't have to dip into my emergency fund. I like the round figure of £35k, so would be annoyed if I had to use some.


Results-
Total mortgage OP - £30,500
Total savings £35,000
Spend Fund- £1100
Total mortgage term reduction- 5yr 6 mth

shangaijimmy

Excellent work in here. Go you!

lippy1923

£500 OP on mortgage (£69,197)-£10k milestone reached
£1900 added to spend fund (To be used this month to pay off car
1 brick coloured in



*Hopefully some expenses to claim back this month (about £1500)


Results-
Total mortgage OP - £31,000
Total savings £35,000
Spend Fund- £3000
Total mortgage term reduction- 5yr 6 mth

lippy1923

Expenses claimed. £1500 added to the spend pot. Although I may not have to spend this right now as I managed to secure another 0% offer on one of my credit cards.


Spend find - £4600

lippy1923

Payday arrived Friday. All monies have been moved to various account ready for bills on the 1st. I paid off a big expense in cash and will use my 0% credit card for future spending instead.


Happy my emergency fund didn't need to be touched. In fact I have managed to add £1,100 to it


Looking forward to the 1st of the month to make my mortgage/OP

lippy1923

£500 OP on mortgage (£68,201)
1 brick coloured in

Results-
Total mortgage OP - £31,500
Total savings £36,100

lippy1923

September Update-
£500 OP whizzed to mortgage today (67,201)
1 brick coloured in
1 month knocked off remaining mortgage term

Results-
Total mortgage OP - £32,000
Total Savings - £37,300

I also found out I passed my final exams and now have my degree Very proud moment for me.


On track to have mortgage down to below £65k by end of the year. Need to have a think about next years goals. Lots of life changes happening at the moment.

Moneyfordreams

Congratulations :T :T

fantastic mortgage figures