On a Mission

wishingthemortgaheaway

Wow. It all seems very positive (apart from the sickness of course)
And, don't worry about not hitting your target for this year (or even this month) you have made HUGE progress this year, and you were on Mat leave too - that's impressive by anyone's standards - and the increased wage may allow you to pay more off going forwards??? That debt is going to hit zero before you know it.

Just keep going.

You are an amazing inspiration.

Wish.

enthusiasticsaver

Still a good result on the debt and once the new wage kicks in I am sure you will get back on target.

Sorry about toe that sounds painful. Kudos on coping for two weeks alone with four tinies.

ohdearhowdidthathappen

Wow, that is a busy month! You're doing so well, toe sounds painful though

Kitten868

I'm in absolute awe of you. That's amazing! You've gone straight from £20k to £18k it seems! You're whizzing through it. I think having a slow down on overpayments while you adjust to the new job is totally acceptable! And what a great reason.

Keep going! I don't think you'll be here much longer the rate you're going xxx

Mummy_bear

Life is so hectic.
Struggling to find time to update in here. Usually if I get my tablet out to either read or write the twins are all over me.

On the twin front, they're 17 months old now and both walking.

One of them has also managed to break my Xmas tree beyond repair ...not even a glue gun could fix the damage

Totals as of 6th December

HSBC CC £3285 £260 paid off
MBNA CC £1612 £365 paid off
Tesco Loan £4254.8 £213.04 paid off
Santander Loan £2331.75 £155.45 paid off
M&S Loan £3412.16 £310.24 paid off
DH MBNA CC £1964.85 £300 paid off



Total debt as of 30th October £18314.29
Total debt as of 6th December £16710.56 sub 18 and 17k :T bonus for missing a month of updates!!


Going to try and not leave my next update so late. How amazing does the outstanding number look.

MB

wishingthemortgaheaway

Mummy bear as always, I am in awe of you. Super woman you are.

I just cannot believe the speed at which you are speeding through this.

enthusiasticsaver

Incredible progress. Well done on getting the debt below £17k. Life must be hectic for you at the moment.

Mummy_bear

OK, all set for Christmas now. Just collecting turkey from butchers tomorrow after work.

On the subject of poultry all the girls have chickenpox started last Friday, full of them by Saturday. They're really struggling. Doing all I can to ease the itching. Just hope they're feeling a little better for Xmas day. It does mean that we won't be visiting family as a family. Secretly happy about that. I hate spending Xmas driving to see everyone and no one bothers to visit us.

Totals as of 23rd December

HSBC CC £3285
MBNA CC £1238 £374 paid off
Tesco Loan £4041.76 £213.04 paid off
Santander Loan £2176.3 £155.45 paid off
M&S Loan £3412.16
DH MBNA CC £1664.85 £150 paid off



Total debt as of 30th October £18314.29
Total debt as of 6th December £16710.56 sub 18 and 17k :T bonus for missing a month of updates!!
Total as of 23rd December £15818.07 sub 16k :T:T




MB

Mummy_bear

Signature update

£30626.16/£46444.23 65.94% paid

Mummy_bear

Good Morning


I have a little time to do an update. Most likely the last for 2019.


Christmas went very well. I think DS would've been happy with only one present because as soon as he opened it he was ecstatic and played with it, forgetting he had other presents. I'm so glad we didn't go overboard with gifts.


Feisty preschooler, who was one of 3 with chicken pox, loved all her gifts too. However, when asked what her favourite thing about the day was she said, "pulling crackers". I loved that answer.


The twins were none the wiser about the day! One of them understood the requirement to rip off the paper, the other was suffering badly with the pox and so wasn't in the mood. Despite the few gifts they received they had more interest in what Feisty preschooler had! Typical.


Best thing of all is that we never added to our debt for Christmas. Everything was bought from the Christmas savings fund, of which there is £80 still left. For now I will leave that there.


Look back over 2019


I look at the year in 2 halves. The first was when I was on Mat leave, the second being back at work.


I remember making the tough decision at the beginning of the year to scale back the debt repayments. This was to factor in the zero pay months from Mat leave. In previous Maternity leaves I've never been in a position to take the 0 pay months! However, I knew with the twins I would need more time off with them and so I'd been saving up for that eventuality. I did do a few KIT days to top up on the money which helped.


Something else that had helped was DH being in a stable job and was now earning bonus.


Around the time the twins turned 1 I received my first full pay from work as I'd gone in my annual leave month. This prompted me to check my student loan and I found I'd paid it all off I was so glad that had gone!


I started back at work in July. That was a tough first few weeks. Getting into a routine. In the end I had to type up a checklist for mornings and evenings to ensure I'd done everything and packed everything. I am now at a point where I don't need that checklist but things are still hectic every morning and evening.


I have gone back to work full time and a lot of people think I'm mad for doing so. However, I need my time at work to keep me sane! I also earn more than DH, although bless him he's trying his best to work his way up with the pay. I also love my job. However, in order to get debt free we need this pay to do it. The plan is that we DO absolutely need a bigger house. We need our wages to secure a good mortgage to get a house to suit our needs. I'd like to be in a position this time next year whereby we will look into a house move. That's a whole other stress though. I mean there sheer thought of moving house terrifies me.


Anyway, by Autumn time DH had this horrible feeling about his job. Things had gone so quiet. He feared his job would be at risk. He therefore put his CV out and he was approached for an interview. He got the job. He gets paid more and after probation it'll increase. It did mean a short time of money being tight again due to a change in pay date! So far the new job is going well. It has it's issues of which I won't go into and so I have to keep reminding DH that the grass is not greener on the other side, just a different shade of the same stuff! I just need him to settle down and stop chasing the bigger pay every 12 months, I just need some stability!




Goals for 2020

I've been thinking about what I'd like to achieve in 2020. It's not all money related but obviously the main one is.


We have £15818.07 to pay off still. The basic amount I intend to pay off the debt each month is £1153.61. This means that by the end of 2020 we should have £1974.75 left of the debt. Of course I'd love for it all to be paid off in 2020 but that means finding an extra £164.57 a month to through at the debt. At the moment that's unlikely to happen but I'll try my best! Other things I've not factored in is potential we could save in paying the loans off early as it may save on the interest.


As it stands though, we're looking at Feb 2021 as our debt free date.


Since having the twins I've got into a rut with my health. I'm roughly 24lbs above the weight I'd like to be. My clothes are super tight now and I refuse to buy more...so I need to start eating healthier and exercising more. Part of the issue I've had is time, when it comes to exercise that is. But then sometimes I wonder if I use this as an excuse. DH and I have agreed that we will take it in turns to do bedtime with the kids whilst the other goes for a run or the gym.
I also absolutely need to sort my eating habits out too. I eat too much and certainly don't make healthy choices.


SO...that's a target of 2lb a month to lose to achieve that target.




Right, I'm off to make a brew and catch up on diaries. I'm months behind on some of them...oops


MB