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Aiming for Mortgage Free!

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  • QueenJess
    QueenJess Posts: 3,764 Forumite
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    Hope things have picked up for you.
    2024 decluttering: 12,371 ⭐️🥉⭐️🏅🏅🥈⭐️🏅🥇🏅⭐️🏅🏅⭐️⭐️🏅👑💎⭐️
    May/June mini clothes declutter challenge: 213/200
    2024 decluttering goals: 🥉3,000 🥈4,000 🥇5,000 💎12,000 🏆 20,000
  • rugbymadfamily
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    Thanks all, we put some Christmas lights up and other decorations and trying to be a bit kinder to ourselves in terms of what is achievable with the crazy work schedules at the moment. Still tough going and I dont see mine getting better until around April / May next year 😔 but at least I should be getting a bonus in March time which will help! 

    Using all our favourite Disney to get us through, at the moment "just keep swimming" is the favourite!
    Current mortgage (1 Jun 2022): £289,501 - originally £351,999 got to love London sized mortgages!
    OP Goal 2022 = 3.75% in OPs: £6,975 / £13,200
    Emergency Fund Target: 3 months saved ✅
     
  • QueenJess
    QueenJess Posts: 3,764 Forumite
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    edited 11 December 2021 at 9:50AM
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    At least you can see an end to it. Just try and relax when you can and have little things to look forward to at the weekends.

    A tiny upside is that when you are working so much there is no time to spend money (that’s what I always found!).
    2024 decluttering: 12,371 ⭐️🥉⭐️🏅🏅🥈⭐️🏅🥇🏅⭐️🏅🏅⭐️⭐️🏅👑💎⭐️
    May/June mini clothes declutter challenge: 213/200
    2024 decluttering goals: 🥉3,000 🥈4,000 🥇5,000 💎12,000 🏆 20,000
  • mark55man
    mark55man Posts: 7,948 Forumite
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    edited 11 December 2021 at 10:39AM
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    @rugbymadfamily - it is strangely busy for the middle of a pandemic! I Think so many plans have been delayed there is a general desire to catch up and that is putting a lot of pressure in some lines of work, whereas others are still really struggling

    Was an interesting thing on the radio this week about the increasing quality of modern XMAS films, and how calming and mood lifting they were.  Netflix have several and they are all over the usual sources (Hallmark etc) as well.  My OH is on one an afternoon at the moment

    I think I saw you in an ice cream parlour
    Drinking milk shakes, cold and long
    Smiling and waving and looking so fine
  • savingholmes
    savingholmes Posts: 27,697 Forumite
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    Hope things settle down for you soon and that you find ways to create joy and de-stress regardless.
    Achieve FIRE/Mortgage Neutrality by mid 2030
    1) MFW Nov 21 £201,999 with 235 payments to go - now £182,428 Equity 27.02%
    2) Spend on handyman & external building works & new patio door £13.45K
    3) CC £7.4K on 0% spends card but offset by £34.25K savings (part EF, part future home improvement)
    4) Mortgage neutral by June 2030 AVC £10.1K/£127.5K AVC target 8% value at 15/5
    5) FI Age 60 annual income target £13.7/30K 45.7%
    6) SIPP £4.1K
  • eat_that_frog
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    Just catching up with your thread @rugbymadfamily. Sorry to hear things were tough recently, hope your arm is recovering now and work is a little calmer. Hope you and your other half have a nice Xmas when it comes

    Original mortgage: £250,000 Feb 19   
    Current mortgage: £75,000 Apr 24
    Planned mortgage end date: Feb 44
    Mortgage free start date: 13th July 2020

    2024 MFW #40
    MFiT-T6 #16

    2024 Goals
    Increasing our fruit&veg intake and reducing our UPF intake as a family
    Doing an 'activity' as a family every weekend
    5 x a week physical exercise to improve my health
    Regularly declutter toys, books and clothes/shoes
    Make mortgage OPs of £6k in '24 - GOAL MET!
    Keep emergency fund at £10k
  • almalobana
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    Just catching up on your thread @rugbymadfamily. Sorry to hear you had a tough end to the year. Hope you and your OH had a nice christmas / new year, and were able to recharge a little. Will be following your thread - nice to find someone else with a hefty mortgage!
    My MFW diary: Big mortgage, small steps

    Mortgage start: £356,000 - December 2019 £345,052 - December 2020 £331,976 December 2021
    Overpayments 2020: £1550
    Overpayments 2021: £3550/£3450

    MFW 2022 #48 progress: £3400/£6000
  • savingholmes
    savingholmes Posts: 27,697 Forumite
    Name Dropper First Anniversary Photogenic First Post
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    Happy New Year

    Achieve FIRE/Mortgage Neutrality by mid 2030
    1) MFW Nov 21 £201,999 with 235 payments to go - now £182,428 Equity 27.02%
    2) Spend on handyman & external building works & new patio door £13.45K
    3) CC £7.4K on 0% spends card but offset by £34.25K savings (part EF, part future home improvement)
    4) Mortgage neutral by June 2030 AVC £10.1K/£127.5K AVC target 8% value at 15/5
    5) FI Age 60 annual income target £13.7/30K 45.7%
    6) SIPP £4.1K
  • rugbymadfamily
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    Hello! Been AWOL for a while as run up to Christmas was manic and then we actually went overseas for Christmas and New Year, was brilliant and had a fantastic time! Came in on budget as well which is a win 😂 Hope everyone had a lovely time with family / friends for Christmas and NY.

    Finished the year with the mortgage starting with a 2....£299,979 but it starts with a 2 haha! Aim is for OPs of 3.75% of original mortgage this year, so £13,200. It's a big ask as is an average of £1,100 OP each month on top of mortgage payment of £1,568 but hoping to start a family in the near future so really want to smash a bit more off as I think future nursery bills will mean no OPs for a few years at that point! Am so grateful to this forum or dont think I would have made any Ops at this point!

    Other financial goals this year include to add another £1k to the emergency fund and to increase my pension contributions when I hopefully get a pay rise later this year.
    Current mortgage (1 Jun 2022): £289,501 - originally £351,999 got to love London sized mortgages!
    OP Goal 2022 = 3.75% in OPs: £6,975 / £13,200
    Emergency Fund Target: 3 months saved ✅
     
  • remote_control
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    Well done for making it into the 2s!!!

    And you left the country  :o amazing!
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