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£134000 in 6 years

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Comments

  • try_harder
    try_harder Posts: 1,532 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Week 2 0f 52

    £263.13 saved this week making a total of £628.79 over the two weeks .I am very happy with this ,it would have been better if I hadn't overspent on food which came to £101.97 instead of £70 I need to make sure that I keep to my budget this week
  • Busy_Mee1
    Busy_Mee1 Posts: 1,015 Forumite
    That is a great couple of weeks Try Harder. You seem very focused. Would it be worth keeping a running total of your mortgage sub account so that you can see it coming down ?
  • try_harder
    try_harder Posts: 1,532 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Thank you Busy Mee1 ..That's a very good idea , I will do that .

    31st Dec £5962.42
    7th Jan £5885.55
    14th Jan £5678.65
    These numbers will include a monthly payment of around £127 of which £17 is added for interest and £110 is subtracted as this is the only one of my Sub Accounts that is on a repayment basis ..My monthly payments are around £542 and I pay it over the month as and when I think of it rather than in one lump sum
  • try_harder
    try_harder Posts: 1,532 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Week 3

    £654.19 savings minus £178.65 to Sub Account 2 leaving £475.54

    Total savings £1104.33 since January 1st

    Sub Account 2 £5500
  • savingholmes
    savingholmes Posts: 29,234 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You have some great goals there. Keep posting
    Achieve FIRE/Mortgage Neutrality
    1) MFW Nov 21 £202K now £165K Equity 38.88% 6/9/26
    2) £1.5K Net savings after CCs 29/8/26 (but owed £130) so £1.6K
    3) 47/82K @29/8/26 = 57.31% AVC Goal by mid 2028
  • try_harder
    try_harder Posts: 1,532 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    A quick round up for January .

    Savings £1550 in total .I am very pleased with this considering I paid the balance of our holiday off this month too and some new furniture .Food budget not going too well but I shall try again next month to reduce it
  • try_harder
    try_harder Posts: 1,532 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Sorry .I forgot to say thank you savingholmes
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