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A Journey of Many Pounds Starts With a Single Penny
Comments
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My mortgage begins with a 1 !!!
I may be slightly happy at this point.MortgageStart Nov 2012 £310,000
Oct 2022 £143,277.74
Reduction £166,722.26
OriginalEnd Sept 2034 / Current official end Apr 2032 (but I have a cunning plan...)
2022 MFW #78 £10200/£12000
MFiT-6 #28 £21,772 /£750005 -
Whoop, whoop 🙌🏼
that’s fantastic- great news.3 -
June Goal Update
Goal 1
Finish saving for DS1’s university top up - Done
Goal 2
Mortgage below £200 000 - Done
Goal 3
Invest £300 in Stocks and Shares ISA (as the market is down I am using an investment goal not a value goal) - Done
Goal 4
School Fees buffer to £1000 - Done
Goal 5
Save £500 in DS2 Uni top up fund - Done
MortgageStart Nov 2012 £310,000
Oct 2022 £143,277.74
Reduction £166,722.26
OriginalEnd Sept 2034 / Current official end Apr 2032 (but I have a cunning plan...)
2022 MFW #78 £10200/£12000
MFiT-6 #28 £21,772 /£750003 -
Thank you PF. Onwards and downwards from here. It feels much less daunting than a mortgage starting with a 3.MortgageStart Nov 2012 £310,000
Oct 2022 £143,277.74
Reduction £166,722.26
OriginalEnd Sept 2034 / Current official end Apr 2032 (but I have a cunning plan...)
2022 MFW #78 £10200/£12000
MFiT-6 #28 £21,772 /£750002 -
New Goals - which look surprisingly similar to the old goals
New Goals
Goal 1
Mortgage below £195,000 - £4,260.72
Goal 2
Invest £300 in Stocks and Shares ISA (as the market is volatile I am using an investment goal not a value goal) - £52/£300
Goal 3
Save £400 in School Fees buffer - £52/£400
Goal 4
Save £500 in DS2 Uni top up fund - £52/£500
MortgageStart Nov 2012 £310,000
Oct 2022 £143,277.74
Reduction £166,722.26
OriginalEnd Sept 2034 / Current official end Apr 2032 (but I have a cunning plan...)
2022 MFW #78 £10200/£12000
MFiT-6 #28 £21,772 /£750002 -
Well done LadyGnome! Fab progress being made 😀Mortgage start: £65,495 (March 2016)
Cleared 🧚♀️🧚♀️🧚♀️!!! In 5 years, 1 month and 29 days
Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed
Finally earning interest instead of paying it!!!2 -
Thank you SCMortgageStart Nov 2012 £310,000
Oct 2022 £143,277.74
Reduction £166,722.26
OriginalEnd Sept 2034 / Current official end Apr 2032 (but I have a cunning plan...)
2022 MFW #78 £10200/£12000
MFiT-6 #28 £21,772 /£750003 -
Well done!2
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Thank you zcratMortgageStart Nov 2012 £310,000
Oct 2022 £143,277.74
Reduction £166,722.26
OriginalEnd Sept 2034 / Current official end Apr 2032 (but I have a cunning plan...)
2022 MFW #78 £10200/£12000
MFiT-6 #28 £21,772 /£750001 -
Hi LadyGnome. I haven't read all of your diary yet but you do seem to do well with short term goals. Something that may help me as nearly all of mine are long term. You have really knowcked a massive chunk off your mortgage since 2012. Amazing.
Wife, mother, gardener, nurse, Big C survivor. Officially retired at 55 2021 [/b][/b].Mortgage free April 2021Challenges 2024: Decluttering Campaign 32/100 bags plus 0 large items. Make £2024 in 2024#8 £0/£2024 Using my craft stash 0/52 Reading books 0/52 Donations for the CS/washing done from others (in and outs) in 2024 x 10 bags and 0 large items.3
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