MF by 40!

beanielou

That's lovely news 

South_coast

Congratulations 😀! Now, what impact will that have on the OP's 🤣???

Gem2889

Allowing myself to slip in to dream land …if I could maintain my £600 OP and put partners contribution in to the mortgage it would be gone in 7 years making me 38 🤯🤯🤯
I know this is (very!) unlikely but it is a heck of a motivator! 

Gem2889

Morning All,

Setting some practice alarms in advance of my return to the office tomorrow!

OH is settling in well and it’s lovely to have him here!
August was not very MSE I splurged on shopping and took the brunt of expenses while OH paid last of bills from previous property.

My credit card statement made me feel sick this month but it’s cleared now and I have approx £900 to live on after bills. In anticipation of OPs I have squirrelled away £500 and will aim not to dip in to it this month!

In normal months I could be looking at approx £1400 left after bills come out which is crazy to me! As always got to watch the food spends but I’m not going to be too hard on us this month as we’ve both worked so hard to get here and deserve a treat or 10 ha!

Hope you’re all safe and well!

x

Gem2889

Oh gosh, Hi Team, it’s been a while! I hope you’re all keeping well! 

Been slacking on the OP front and I’m back to rebuild some accountability.

Good news; I signed the paperwork (electronically) today for a promotion to begin in January (yay!) 

Will be team leader of my current team and ready for the challenge! In real terms will be approx £200 pcm better off, and I have been playing with the calculator: I tend to set unrealistic goals and become obsessive so new goal is to consistently OP £300 p/m as this will take me to 50% LTV (according to Zoopla!) in 2024 when remortgaging!

Coming up to a year in the bungalow (how?!) and it’s emerging that we need more space and some improvements. So, the new OP target means we can save for both! 

Challenging news: Both my mum and OH have had surgery this week and stress level is through the roof! All it has done is reaffirmed to me that I want the house paid off so that we are covered if either/both of us can’t work!

x

Gem2889

Called the mortgage company recently for an updated balance (so frustrating that there is no online facility!) and my estimate of £122,000 was not far off, when this months interest is added should be £121,500 🙏🏻💪🏻🥳🎉
Gives me a great starting point for the new year but for now I’m going to hibernate with movies- it’s been a brutal couple of years and feel very burnt out.

x

Gem2889

Hi All,

Got a letter from the mortgage company that my years overpayments mean the contractual payment will decrease by £15! 

Will call to amend the DD in Feb to ensure payment stays the same!

Hope you’re all keeping well; I have a dreadful cold and so have splurged on comfort food! 

x