Domravioli's MFW Diary...75k to zero!
DomRavioli
PPR3.1K Posts
Hi all 
We have literally just got a mortgage (December 2015), for 75k, but already I'm starting on our MFW challenge.
We're aiming to pay it off in 10 years instead of the 25 years on the mortgage. I'd like to think we can do this in 3k chunks, but as I'm self employed on a variable income this might not be too doable, so I'm aiming to save as much as we can the first three years (we can only make one overpayment a year during this time), and hit it where it hurts once a year.
Current total: 75000.00
Current O/P: 0
We have literally just got a mortgage (December 2015), for 75k, but already I'm starting on our MFW challenge.
We're aiming to pay it off in 10 years instead of the 25 years on the mortgage. I'd like to think we can do this in 3k chunks, but as I'm self employed on a variable income this might not be too doable, so I'm aiming to save as much as we can the first three years (we can only make one overpayment a year during this time), and hit it where it hurts once a year.
Current total: 75000.00
Current O/P: 0
0
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House renovation is crazy (half a bathroom!).
Current total £75k
Current O/P in savings: 301.43
Finding it difficult to budget everything with it being very new! We have had a water meter installed as we're two people in a three bed and we shower at the gym and don't have much washing, so it made sense.
Will hopefully have more to save in the next couple of weeks, I'm holding on until payday (6th february) to try and live on what I have.
i think the first few months are hard just settle in get what you need and then work out where and what you can save :]
Emergency fund 23k