Drip feeding...

SeekingFlight

wildesavings wrote: »

I'm thinking a nice £140 would tidy it up beautifully ...... Oh but I could be tempted to throw £240..... :rotfl: Addictive stuff this overpaying lark. I'll let you know what I decide. Any advice? (if anyone's reading my rambling)
Off to check up on a few diaries. Night

I'd be tempted to pay off more if you can without leaving yourself short, when i worked it out small payments frequently was better than one large overpayment as it brings down the daily interest rate meaning you pay off more of the balance and less of the interest over the years.

wildesavings

SeekingFlight wrote: »

I'd be tempted to pay off more if you can without leaving yourself short, when i worked it out small payments frequently was better than one large overpayment as it brings down the daily interest rate meaning you pay off more of the balance and less of the interest over the years.

Hi SeekingFlight - You're so right - I know if I leave the money in my AC and wait until the end of the month to pay whats left off the mortgage I'd never pay anything. Once it's gone it forces me to cut my cloth accordingly and stay within budget as much as humanly possible with a family etc. But I didn't want to leave myself so short I'm miserable all month. BUT I am actually earning a tiny amount of my own cash now and OH had a nice bumper pay check. Plus the CRAZY grocery savings from switching from sainsb@ry's to Asd@ have done wonders for my budget.

And I was tempted. Oh, I was so tempted.... I crunched the numbers and looked and checked and looked again and then confidently sent another £301.66 off to the mortgage! :T:T:T:T:T:T

This takes our Mortgage balance down from £92444 at the beginning of September to £91342 a crazy £1102 off the capital in a month. So so SO pleased with that. :cool::cool::cool::cool:

Now to hit my study books and leave the numbers alone.... well my mortgage numbers. I'm studying maths :rotfl:

katep23

wildesavings wrote: »

This takes our Mortgage balance down from £92444 at the beginning of September to £91342 a crazy £1102 off the capital in a month. So so SO pleased with that. :cool::cool::cool::cool:

Great OPs, well done!

Downshifterella

Well.done on those OPs so satisfying!!! :beer::j

VelvetFreak

Just caught up with your diary. Sorry to hear of your kitchen woes, I can totally relate. But you are smashing that mortgage and it will all be worth it in the end

wildesavings

katep23 wrote: »

Great OPs, well done!

Downshifterella wrote: »

Well.done on those OPs so satisfying!!! :beer::j

VelvetFreak wrote: »

Just caught up with your diary. Sorry to hear of your kitchen woes, I can totally relate. But you are smashing that mortgage and it will all be worth it in the end

Thank you so much KP, DSE and VF, I'm actually still buzzing
My DH is utterly gobsmacked that we've dropped so much so quickly and seems thrilled I think we're so excited to see those numbers change that our awful kitchen isn't bothering us quite as much at the moment. :rotfl: That may change if any more doors fall off

Massive cook up of soups for Church tomorrow and about to bake syrup sponge and a jam and coconut cake to take too Cooler weather makes the old fashioned favourites really appealing

wildesavings

Updated the first post and beginning to think about my October plan of action.

So far I just cannot fathom how on earth I'm going to find an extra £300 on top of our already huge DD .... but I thought that last month so I need to get creative again.

Biggest saving's the grocery budget as always. Any money off coupons and I'll transfer the extra to the MOP account. Maybe some fleabaying and faceache selling page activity. Just need to find some clutter to put up.

Can't think of any other hacks .... enlighten me if you can think of something

I don't expect there to be any extra work or earning potential from me but maybe DH might get offer extra. I always leave that in his court though as it's gruelling working shifts and if he needs his days off so be it. I certainly appreciate having him around more

wildesavings

New carpet went in today! Stunning but the rest of the carpets now look awful. Spotted the vax MSE deal and ordered a carpet clean for £90! Much easier than hiring a rug doc and much cheaper than a professional clean will be a longer term investment. Now to start planning the next room to get a refresh

wildesavings

:wave::wave::wave::wave::wave::wave::wave::wave::wave::wave:

Hello everyone! (or no-one as may be the case )

Well the next room to get the redecoration treatment was our bedroom and both bathrooms got new floors too. The decorating bug caught me for a while and yes it was spendy but boy is it lovely and satisfying to sleep in a room that's fresh, calming and adult... it had previously looked somewhere between a magnolia box and student digs for 14 YEARS! ...

That said this was in no way detrimental to our MFW plans and I have a newly fired up DH by my side. He's beginning to think about retirement (44) and options etc and I'm getting lots of green lights to be frugal and throw cash at the mortgage :j :j :j So in the last 4 months we've now overpaid a whooping £3000 on top of our already £320 monthly OP. . . Just about to nudge down to the £86's and it feels good to see those numbers drop steadily as we're averaging over 1k per month. DH lines up a bottle of prosecco for us when we drop into the next £10k bracket. :T Told you he was eager

Off to read some inspiring MFW diaries :money:

WS

Kittenkirst

Ooooh congratulations on getting all that decorating done and also you overpayments! What an achievement :j