Our MFW Adventure!

in Mortgage-Free Wannabe
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  • My five Ms things for today are still outstanding, but I have inadvertently saved some money form unexpected sources; 

    - Didn't get charged for car parking at hospital - don't know if the machine was broken or I was within some kind of minimum time limit (£3.10 saved) :)

    - Popped in to the co-op on the way back from the hospital and there was a whole load of YS bits laid out waiting for a new home (and I rehomed a few of them) - all bakery items, but in our house they either won't last 5 minutes, or can be frozen  (£4.60 saved based on difference between RRP and YS prices)  ;)

    - DD's made fathers day cards for both of their grandads and their dad + a birthday card for their great grandma so I reckon that I've said about £4 on buying cards from the shops, they are super cute and entertained them for over an hour.

    -Brand new pushchair I won in a competition was delivered today, very excited and can't wait to use it with DS. 

    I'm going to keep looking for the positive's no matter how big or small x
    2021 Target - Reduce new mortgage balance after house move - Part 1 (Ported) Starting balance £39,982.12 currently £39,768.45 Part 2 Starting Balance £101,997.88 currently £101,469.31 (as at 20/04/2021)
  • savingholmessavingholmes Forumite
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    Fab competition win. I've done a few garden competitions recently. Will look out for some more. We've had holiday wins in the past...
    Target 1) Debt free April 22 Target 2) Lose weight & get fit (started) 3) Write regularly 41426/70000 words Book 2 4) Develop passive income streams 5) Get to £3K EF (at £2.2K June 22) 6) Declutter 7) MFW starting at £201999 Nov 21 with 264 257 payments to go. Now £196,869. 8) Mortgage neutral progress (via private pension starting value c£3643 Nov 21) extra payments £312 including tax relief
  • I love hearing about other peoples competition wins, the holidays sound fab!
    2021 Target - Reduce new mortgage balance after house move - Part 1 (Ported) Starting balance £39,982.12 currently £39,768.45 Part 2 Starting Balance £101,997.88 currently £101,469.31 (as at 20/04/2021)
  • greentgreent Forumite
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    Oooh - fab win with the pushchair :)
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) 01/09 £124616 01/11 £89873 01/13 £52546 01/15 £12133 07/15 £NIL
    Net sales 2022: £91.24
  • It's been a quiet few days here, just keeping things moving along. To be honest, I am waiting for payday so that we can edge forward towards our goals  :)

    I have spent some money over the last few days, £85 on a grocery shop - which when I looked at the receipt a day later, noted that scanned one item twice when I had only bought one - lesson learned, pay attention to those hand held device things - £8 spent on booking tickets to take the DD's to a local farm strawberry picking. This is a treat for us to spend some time as a family, as well as supporting a local farm that has been hit by the lockdown. 

    The earnings front has been quiet, I have been keeping up with surveys and comp entries, chased a provider for a lack of service (they are quoting CV, but the boiler service was due in Jan and they have cancelled twice ... let's hope it's third time lucky). The contract is due for renewal soon, so I'll shopping around for a deal. 

    Today OH has the day booked off, so he'll spend the day outside with the DD's while I crack on with some decorating. 

    Enjoy the sunshine!
    2021 Target - Reduce new mortgage balance after house move - Part 1 (Ported) Starting balance £39,982.12 currently £39,768.45 Part 2 Starting Balance £101,997.88 currently £101,469.31 (as at 20/04/2021)
  • I am loving the rain this morning! It was getting a bit too hot for me yesterday and I was getting quite grumpy come the end of the day, so the coolness of this morning is welcome. 

    Yesterday we did the payday shuffles, updated the mortgage OP tracker and our net worth tracker. Basically, it was a spendy day, but all (bar one) were required.

    The main points were;
    1. We reduced the savings by £516 to cover the cost of the new washer dryer that was put on the CC last month after the current occupant went to the scrapheap in the sky. 

    2. We OP'd £1100 to the mortgage. 

    3. Kids savings added to, just need to move DD2 main savings in July once the interest has been added and pop it into the new account (3% interest rate vs 0.5 on the current one  :s).

    4. Purchased two Xmas gifts for DD1 and one of our nieces. 

    Two spends planned for today, grocery shop (I need to get the meal plan and list ready sharpish) and DD1 and I having hair cut by SIL (she is a hairdresser and it works for both parties, we get a haircut, she gets some income). 
    2021 Target - Reduce new mortgage balance after house move - Part 1 (Ported) Starting balance £39,982.12 currently £39,768.45 Part 2 Starting Balance £101,997.88 currently £101,469.31 (as at 20/04/2021)
  • edited 29 June 2020 at 7:25AM
    NeedhelpsavingNeedhelpsaving Forumite
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    edited 29 June 2020 at 7:25AM
    I can't believe we're at the start of another new week! Perhaps it's because I'm getting older, but time just seems to be passing by faster and faster these days  ;)

    This weekend I stuck to only the planned spends I had listed (Grocery shop came in at £57.26, which included a gift and 4 birthday cards and £20 on haircuts for DD1 and I), other than that we ate from what we had and kept our entertainment spends to £0.

    I have to spend on postage today as I had two ebay sales last night and DD1 wants to send her cousin a card to say she's missing her  <3. The money from the ebay sales will go towards my PB pot. I need to start making headway on this to hit my annual target. 

    OH had his annual pension statement yesterday and it was £5k less than what I thought it would be (even though I had worked out the contributions to the penny and it matched what they said he had put in). I have asked him to find out more about how his pension is split - cash vs investments, as if there is a large proportion in the stock market, I can understand where this dip has come from, but at the moment I'm guessing. He hadn't noticed until I pointed it out as it's just something he pays into and leaves, but given he wants to retire in his 50's, every penny from now on is going to count if he wants to achieve that aim. My pension is something that will need some heavy investment once I RTW in the next couple of years too. 

    This week will be be mainly no spend days - the only planned spends are today's postage, a direct debit that is due to go out and £50 grocery spends. The challenge is to be inventive with what we have in and use up the bits.
    2021 Target - Reduce new mortgage balance after house move - Part 1 (Ported) Starting balance £39,982.12 currently £39,768.45 Part 2 Starting Balance £101,997.88 currently £101,469.31 (as at 20/04/2021)
  • savingholmessavingholmes Forumite
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    All the best with the budget. and the pension.
    Target 1) Debt free April 22 Target 2) Lose weight & get fit (started) 3) Write regularly 41426/70000 words Book 2 4) Develop passive income streams 5) Get to £3K EF (at £2.2K June 22) 6) Declutter 7) MFW starting at £201999 Nov 21 with 264 257 payments to go. Now £196,869. 8) Mortgage neutral progress (via private pension starting value c£3643 Nov 21) extra payments £312 including tax relief
  • So today wasn't an NSD, as I had another ebay sale overnight and DD1 needed something from the chemist. Good news is that the ebay postage was covered by the buyer and the unplanned chemist visit has been covered by a survey cash out I did this morning, so there is no hole in the budget. 

    With this weeks ebay sales I have managed to add £75 towards my PB's (bought them today), so I am 1/3 of the way towards my annual target and have £6.99 in a holding pot for the next PB purchase  :)

    I have a balance of £50.03 on the credit card for the xmas purchases made last week and this is part of my income aim for July so I can keep a clean slate as it were.  

    I have 5 bits listed on ebay (1 of which is DD2's so she will get the money from that sale) and I have registered for 2 focus groups that have become available this morning (fingers crossed on being selected!). 


    2021 Target - Reduce new mortgage balance after house move - Part 1 (Ported) Starting balance £39,982.12 currently £39,768.45 Part 2 Starting Balance £101,997.88 currently £101,469.31 (as at 20/04/2021)
  • South_coastSouth_coast Forumite
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    That sounds like an NSD to me - no money coming out of your own account 😀
    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03

    Finally earning interest instead of paying it!!!
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