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Powers’s mortgage free thread

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  • ouch gas is so expensive right now- I got rid of my car 4 years ago - i live in London and luckily with all the transport here I dont miss it. However for everyone who needs their car to get to work, shop, kids etc it must be really hitting everyones budget.
    What with food, utility and fuel prices I am glad we all watching our spends.
    DON'T BUY STUFF (from Frugalwoods)
    No seriously, just don’t buy things. 99% of our success with our savings rate is attributed to the fact that we don’t buy things... You can and should take advantage of discounts.... But at the end of the day, the only way to truly save money is to not buy stuff.    Money doesn’t walk out of your wallet on its own accord.
    https://forums.moneysavingexpert.com/discussion/6289577/future-proofing-my-life-deposit-saving-then-mfw-journey-in-under-13-years#latest
  • powerspowers
    powerspowers Posts: 1,337 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    Definitely! We’ve dropped down to one car and I do most smaller trips by ebike- a very good investment! T needs the car for work but he also does a lot of the running around for us as a household so I feel I should fill it up every now and then. I might not use the car very often but I certainly benefit from it. We were in a good habit of cycling the boys places but they’ve all been poorly so it’s dropped off somewhat. 
    MFW 2021 #76 £5,145
    MFW 2022 #27 £5,300 
    MFW 2023 #27 £2,000
    MFW 2024 #27 £6,055
    MFW 2025 #27 £2,350 /£5,000


  • powerspowers
    powerspowers Posts: 1,337 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    Payday today! Had £30 left in joint account which I’ve sent as OP and we can start the month afresh 🧚
    MFW 2021 #76 £5,145
    MFW 2022 #27 £5,300 
    MFW 2023 #27 £2,000
    MFW 2024 #27 £6,055
    MFW 2025 #27 £2,350 /£5,000


  • powerspowers
    powerspowers Posts: 1,337 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    Another OP! I owed T £100 and We’d agree I put it towards Common wealth games tickets. Ballot came through yesterday and we didn’t get anything!! So mortgage it is 😀 Tickets get a resale platform in Jan so still might get to go, but that’s another days money
    MFW 2021 #76 £5,145
    MFW 2022 #27 £5,300 
    MFW 2023 #27 £2,000
    MFW 2024 #27 £6,055
    MFW 2025 #27 £2,350 /£5,000


  • kaycastle
    kaycastle Posts: 419 Forumite
    Seventh Anniversary 100 Posts Name Dropper Photogenic
    I'm still wfh but my OH has been really good cycling and even walking to work  his lucky to work somewhere that's only about 5 miles away.

    Congrats on the OP :) and good luck in the next Ballot!
    Mortgage start: April 2024 - 295k  Current £256k
    Emergency fund: 13.5k/15k 
    Current mortgage free year: 2054 2039
    Mortgage free diary: Snug & Sorted: Our Race to Mortgage Freedom
    The little joy list
    Books read: 41 (2024) | 12 (2025)

  • powerspowers
    powerspowers Posts: 1,337 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    A couple of achievements today- ordered a recurring veg box from a local farm, made a list for the refill lady tomorrow and sorted out my PT subscription. I had been paying £10pm during the lockdowns as I wanted to support him, he’s rejigged his subscriptions so I’ve dropped down to £5pm which covers the online content I actually want. Off tomorrow, phew 😅 
    MFW 2021 #76 £5,145
    MFW 2022 #27 £5,300 
    MFW 2023 #27 £2,000
    MFW 2024 #27 £6,055
    MFW 2025 #27 £2,350 /£5,000


  • Packaging reduction update-
    been to the refill lady today, im really pleased and will make it a monthly habit- trying to stock up as she’s only in town once a fortnight. Spent £45 but half of that was toothbrush heads (comparable to branded ones) and shampoo bars (expensive!) prices were comparable if slightly more expensive than supermarket for shower gel, handsoap, washing up liquid and some cupboard staples. Also got toothbrush tablets as Youngest wants to try them. 

    I think one of our swaps could be baking more as we do eat cereal bars, breakfast biscuits etc which are individually wrapped. The weekends weather looks grim so will have a rummage in the cupboard and get boys on the case. 

    Have a good weekend wannabes x
    MFW 2021 #76 £5,145
    MFW 2022 #27 £5,300 
    MFW 2023 #27 £2,000
    MFW 2024 #27 £6,055
    MFW 2025 #27 £2,350 /£5,000


  • bellevie
    bellevie Posts: 895 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    Wow what a year its been for you!

    Congratulations on your marriage and house purchase. You are doing so well on overpayments truly well done 👏

    We got married February 20 a few weeks before the first lock down, and purchased our house in November 20, it needed every thing doing like yours. Its great but it does feel never ending at times! That said, coming up to a year here we've done OK 😊

    MFW
    Starting debt :£287,410 -11/2020

    2022 Closing balance £271,402.45 

    2023 closing balance £263140


    Original end 11/2045 
    New end date :....... 

    Overpayments to date £574.4 (1/26)



  • powerspowers
    powerspowers Posts: 1,337 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    Thanks Bellevie!! We’ve been married three months now and in the house six so we are getting pretty settled now. 

    We’ve had a pretty much no spend weekend! Cleared out cupboards and had a baking morning yesterday, then the sun came out so tackled the garden. Today we’ve had Ts sister round, been for a walk and played board games. I’ve taken boys trick or treating for the first time as so many houses have decorated near ours, we never went where we lived before. Oldest was one of the bigger kids out so might be a first and last for him. Now trying to get the fire going 😃
    MFW 2021 #76 £5,145
    MFW 2022 #27 £5,300 
    MFW 2023 #27 £2,000
    MFW 2024 #27 £6,055
    MFW 2025 #27 £2,350 /£5,000


  • powerspowers
    powerspowers Posts: 1,337 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    £250 regular monthly OP + £250 extra from joint account 😀
    MFW 2021 #76 £5,145
    MFW 2022 #27 £5,300 
    MFW 2023 #27 £2,000
    MFW 2024 #27 £6,055
    MFW 2025 #27 £2,350 /£5,000


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