The Mortgage Free in Three - Take 4 challenge (MFiT-T4)

bit_by_bit

#164

Not been here a whiole but still working at it. Nothing paid off in June but £15.00 in July which brings me to £773/3200.

Suffolk_lass

Just posted my chart 10 update. All has slowed a bit this month but hopefully we will hit our target in six month's time. Keep going everyone!

My interest is now under £2 a day so my former morning coffee on the way to work is paying for my mortgage now!

CathT

Just sent my update. I have a feeling I am way behind as could see there were only 2 more updates to go. I!!!8217;m currently about £7k away from target!

SuperSecretSquirrel

Number 47, reporting for duty!

S&S:       [COLOR=blue]£34,699.19[/COLOR] (Quarterly change: +£5,026.08)
Cash:      [COLOR=Blue]£23,427.42[/COLOR] (Quarterly change: -£431.34)
Mortgage:       [COLOR=Blue]£0.00[/COLOR] (Quarterly change: =£0.00)
Tax:         [COLOR=darkred]-£295.61[/COLOR] (Quarterly change: -£42.27)
[B]MN+:       [COLOR=Green]£57,831.00[/COLOR] (Quarterly change: +£4,552.47)[/B]

6 months remaining, where does the time go? :eek:
With a bit of luck we might hit our target in the next update :beer:

A_Frayed_Knot

Forgot to post

#5 Updated, was tempted to pay another 1p or £1 but resisted

so still have 000.00 at the end of my mortgage.

ajmoney

Just submitted my update, I have managed to do it with 6 months to spare :j this was helped by remortgaging 2 years ago to a far better rate of interest. We have an appointment to remortgage again at 12 today so am unable to update my challenge until I have a better idea where my figures will be. This is the first time I have hit my target after a couple of these challenges so stick at it everyone, slowly but surely we will get there.

SuperSecretSquirrel

Well done ajmoney! :beer:

trix-a-belle

Chart 10 apologies for the slight delay

I can't quite believe there are just 6 months to go!! :eek:
On that note should probably start thinking about T5, how do people feel it has been working? any comments?

I'm behind on my target (not sure exactly how much as can't quite face doing the sums right now) as i've had no incomings for 3 months but am now picking things back up & hopefully will have a fresh opportunity soon, but I am also going to be going back to studying 2 days a week from Sept which will limit things but also give me something to enjoy.

icklehelen

Hi Trix

Thanks for chart 10. I know what you mean it doesn't feel like 2.5 years since we started this challenge!

I for one would be up for T5 - I find it so helpful but I see from the chart there are not many of us updating each quarter.

ickle

trix-a-belle

icklehelen wrote: »

Hi Trix

Thanks for chart 10. I know what you mean it doesn't feel like 2.5 years since we started this challenge!

I for one would be up for T5 - I find it so helpful but I see from the chart there are not many of us updating each quarter.

ickle

Thanks Helen, yes not many pop up every quarter but hopefully some will return at the end to let us know how they have got on over the whole period.
I did wonder if 3 years is too long but there are plenty of other shorter term challenges set up & it is good to plan over a longer period & I guess teaches us about rolling with the punches of life that happen