FinancialBliss: My mortgage free journey…

setmefree2

Scary:eek: Hope you get better soon FB:T:T

SmlSave

I hope you feel better soon FB along with the family. :A to look after you guys

taka

I hope you and your family all get better soon!

financialbliss

Hi everyone :hello:

Back at work today and feeling much better. Thanks for the well wishes. However mrs bliss has been on the phone saying she's been vomiting this morning.

Financial Bliss.

keld

Just wanted to say thank you Financial Bliss. I haven't finished reading your thread, but have already found and updated your spread sheet, just the motivational tool I need to keep me and DH on the straight and narrow.

Thanks.:beer:

Kaz2904

What were you thinking going into work you wally! Good grief if you'd already passed out once you could have done it again (maybe even somewhere dangerous). Although it may speed up your MF dreams to leave the mortal coil, I expect your family have grown rather fond of you over time and would like you to stick around.
Anyway, nursey speak over (consider yourself told off).
Hope you all improve nice and quick. TTFN, Kaz.

financialbliss

Kaz2904 wrote: »

Although it may speed up your MF dreams to leave the mortal coil, I expect your family have grown rather fond of you over time and would like you to stick around.

Yes, I know...

We've both got separate life insurance policies - taken out after we surrendered the endowment, and 1 of these would clear the mortgage, but I agree, it's a rather drastic approach.

Financial Bliss

setmefree2

financialbliss wrote: »

Hi everyone :hello:

Back at work today and feeling much better. Thanks for the well wishes. However mrs bliss has been on the phone saying she's been vomiting this morning.

Financial Bliss.

Good to hear Hope Mrs Bliss gets better soon:A

financialbliss

After share and bank collapses and just collapses (and then going into work :rolleyes:), I’ve got a bit of good news.

I recently jumped ship from Icesave to Kaupthing Edge. A week or two later and it got swallowed up by ING Direct.

Did a test transfer of £500 by BACS on Monday13th October back to our nominated account…

:j:j:j The money finally turned up today :j:j:j

So our current breakdown of savings funds is roughly as follows. Interest figures are gross:

Halifax regular saver (10%) – 2,500
#1 Kaupthing Edge 6 month term (6.85%) – 3,000
#1 Kaupthing Edge easy access (6.36%) – 3,000
Nationwide e-Savings (5.05%) – 4,225

The idea being to keep as much at the higher rates and as little at the lower rates.

There is also 18,000 as overpayments in the mortgage account (4.79%). I understand it's quite easy to request some or all of the overpayment funds back, but I'm sure this would radically change the monthly mortgage payment and interest charged.

While the e-Savings cash amount may look high for the rate, I’ve just put ~2k of wages into there, plus the £500 out of KE went into there. Credit card is due tomorrow (from this account), plus we normally need around 1,750 at the 1st of the month to satisfy our mortgage and other direct debits and savings commitments, so 4,225 is in reality nearer 1,600.00 come the end of next week.

Financial Bliss.

#1 Or ING Direct if you prefer

StuartGMC

FB
Thanks for the update and very pleased the cash came through for you. Also good to hear your health has picked up.

Like you we put all on the credit card and pay off in full; I set the payment 4 days before due, can't rely on direct debit as they wanted to take 10days early which means each year I'd lose 120 days offset of about £2000...

Do you have any other equities and have they performed better than those that sadly hit you recently?