Hypno's cheaper than therapy debt diary.

Snaggles

Is that my fault Hypno?

Although 3 or 4 years is quite a while, it does pass quickly, and you are so committed to becoming debt free that you may well get there sooner.

But having a goal is a good thing, I think? As you say, it will spur you on, and when you get there, it will mean so much more to you, because you have had to work so hard for it.

hypno06

Snaggles wrote: »

Is that my fault Hypno?

Abso-bloody-lutely

Gemmzie

3 max with your £20k challenge

hypno06

I am an obsessed house mover......I confess!!

We have been here 4 and a half years.....the longest time ever! The most we have stayed in one house before has been 3 years, so my feet have been more than itchy for a good while yet, but of course we are stuck until we get rid of at least a good proportion of our debt.

We do have enough equity in the house so that if we moved we could clear it, but that wouldn't give us a deposit of any sort, so we really do need to clear the debt in order to free up the equity and start saving for a deposit.

In fairness, we can't really think about moving until the children are through high school, as the whole point of moving here was so they could go to the school in the village, so until they are both through that we will stay where we are........probably! That gives me 4 years, which fits in nicely with the DFD and a bit of saving, don't you think!!

Snaggles

hypno06 wrote: »

Abso-bloody-lutely

Gemmzie

Ideal timing

I've lived in the same house for 18 years, don't even remember our first house. Couldn't bare it if parents wanted to move

Snaggles

hypno06 wrote: »

That gives me 4 years, which fits in nicely with the DFD and a bit of saving, don't you think!!

It sounds perfect, almost as though it is meant to be like that!

Seaxwyn

House-moving is a subject which preys on my mind too. Only because we don't have enough bedrooms and my 10-year-old DD shares with my 6-year-old DS and I don't know how long this arrangement can continue. I hate the thought of the upheaval of moving but feel it will have to happen at some point. However we can't afford to pay a bigger mortgage, we can't really afford the one we've got. I refuse to think about it, but thought I'd log the thought here as the subject has come up, perhaps to shake myself out of denial and perhaps as someone will have a helpful suggestion I wouldnt otherwise have thought of.

OliveOyl_2

We moved 8 times in the 13 years of my first marriage :eek:
I thought Never Again, I'm leaving this post-matrimonial-house in a wooden box.

9 years later I was glad to move when I remarried, but I wouldn't want to move again.
Not for nothing is it the 2nd or 3rd most stressful thing you can put yourself through.
You must be mad or a glutton for punishment Hypno :rotfl:

Snaggles

Seaxwyn wrote: »

House-moving is a subject which preys on my mind too. Only because we don't have enough bedrooms and my 10-year-old DD shares with my 6-year-old DS and I don't know how long this arrangement can continue. I hate the thought of the upheaval of moving but feel it will have to happen at some point. However we can't afford to pay a bigger mortgage, we can't really afford the one we've got. I refuse to think about it, but thought I'd log the thought here as the subject has come up, perhaps to shake myself out of denial and perhaps as someone will have a helpful suggestion I wouldnt otherwise have thought of.

Sea, have you had a look at the areas around where you live now? We found that by moving just 3 miles down the road, we could have a nice 3 bed house for the same price as our 2 bed house. We were seriously thinking of this option until we found a house we really liked a couple of days ago.

Be honest with yourselves about how far away you would be prepared to move, and what is most important to you (house size, appearance, location etc). Bear in mind you will have to make a compromise somewhere if you don't want to increase your mortgage, and decide what things are absolutely essential and what things are just 'nice to haves', or 'could be added at a later dates'.