Mortgage free by 2021?!

hiddenshadow

shangaijimmy wrote: »

I love those surprises like you had yesterday hidden. All lovely 'presents' to the OP pot!

Indeed! Sometimes it seems a bit silly to OP various amounts ([STRIKE]99p[/STRIKE] £1 for kindle books, etc), but then you see the numbers update over the long run and it's pretty impressive.

I definitely wouldn't be so motivated without the giant spreadsheet of calculations, though. I love looking forward at future months and seeing how much extra we'd pay now to reach a milestone quicker in the future. Bit of a long-shot but if we can come up with £1,435.73 by May we'll break through the 145s then instead of June (and break the 130k year-end goal by £209.43!). Doubt we'll come up with £478.67 for the next 3 months, but at least it's something to work towards.

Sundaysgirl

Wow, just popped in to catch up and so much progress being made. I have no doubt whatsoever that you will hit the 120s by the end of this year :T

shangaijimmy

Fully agree and I've seen it with TT's, averaging £20 a month. So £240 a year, and £1,920 over the ambitious 8 year target. That's almost 2 months off the term and with compound effects may well be the difference between finishing at Christmas 2023 or March 2024.

So I'd vote spreadsheet as having the greatest motivating effect of all!

gallygirl

shangaijimmy wrote: »

Fully agree and I've seen it with TT's, averaging £20 a month. So £240 a year, and £1,920 over the ambitious 8 year target. That's almost 2 months off the term and with compound effects may well be the difference between finishing at Christmas 2023 or March 2024.

So I'd vote spreadsheet as having the greatest motivating effect of all!

I once overpaid about £2 as it stopped the daily interest going back over the next £ :rotfl:. There is always a reason to overpay some more .

hiddenshadow

gallygirl wrote: »

I once overpaid about £2 as it stopped the daily interest going back over the next £ :rotfl:. There is always a reason to overpay some more .

:T Love it.

I just checked the spreadsheet and if we could come up with another £226 OP this month, we'd hit < £10 daily interest in March rather than April.

Might see if some budget shuffling can happen, as some of our pots we won't need until next month (like vacation money for boarding the pets).

shangaijimmy

Love it GG!

hiddenshadow

£12.83 from MB over the weekend (would have been closer to £20 but I messed up a qualifying bet so didn't get the free bet. Live and learn!).

Have budgeted the £226 (now £213.17) to break us out of the £10 daily interest but will wait until the weekend to pull the trigger, I think. Need to do another grocery delivery and make sure the food budget is still on track.

hiddenshadow

Sad day today on multiple fronts.

On the trivial, MSE front - got charged £15 for accidentally going overdrawn in the new Clyde$dale account. :mad: Possibly thanks to this cold I have now, I didn't realise it was the 10th of February until it was already halfway gone, so forgot to transfer money in to the account before a bunch of scheduled transfers went out. Not the end of the world, but still annoying. Have now automated the transfer in so at least this won't happen again.

On the non-trivial front, my best friend from grade 7-11 died today. She was 34. She suffered with lupus since she was 15, so this isn't really a surprise, but it's still such a waste. I keep thinking of all the milestones that I've achieved that she never did/will (she did graduate university but never moved out of her parents' home, got married, had her own life, etc. which were all things that she'd hoped to do).

RIP, S.

shangaijimmy

So sorry to hear that news.

Sundaysgirl

I'm so sorry to hear of your loss.