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Getting shot of the mortgage sooner than 2049!

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  • Cheery_Daff
    Cheery_Daff Posts: 17,155 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Love the creme egg budget line 😂😂
  • Bluegreen143
    Bluegreen143 Posts: 3,704 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Easter is a bad time for my healthy eating… I’m obsessed with creme eggs, mini eggs, any just Easter eggs in general 🙈
    Part time working mum | Married in 2014 | DS born 2015 & DD born 2018

    https://forums.moneysavingexpert.com/discussion/6542225/stopping-the-backsliding-a-family-of-four-no-longer-living-beyond-their-means/p1?new=1

    Consumer debt free!
    Mortgage: -£128,033

    Savings: £6,050
    - Emergency fund £1,515
    - New kitchen £556
    - December £420
    - Holiday £3,427
    - Bills £132

    Total joint pension savings: £55,425
  • beanielou
    beanielou Posts: 95,571 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Mini egg chocolate is the best.
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • Bluegreen143
    Bluegreen143 Posts: 3,704 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 2 March 2023 at 6:36PM
    Good day in the office today - firstly because my manager had a good chat with me about priorities for the team/me going forward which has alleviated some of the stress I’ve been feeling the last few weeks. 

    When I feel stressed and uncertain at work, it manifests as procrastination which only hurts myself as I end up doing everything in a rush and working in the evenings 🙈 so I’m glad that she was able to clarify certain things and reallocate some of our work (part of my stress was caused by feeling unproductive because most of my projects are in a limbo state, so I’m pleased she’s given me a couple of more rewarding projects for going forward). 

    Secondly, and much more relevantly, she let me know that my pay increase has gone through! Won’t get it til April but it’ll be backdated to 1st March. 

    My full time equivalent salary will be going up from £34 to £37k, so on my part time hours it’ll be just under £26k. BUT we are also getting a cost of living increase in April, amount TBC but it’s estimated that will be 5-6%. 

    So the real salary should jump to £27k all in. I’ve worked it out and after tax etc it’ll be an extra £170 or so a month in my pocket all in, which should really help supercharge our savings goals this year and get that 6 month emergency fund 🤞🏼

    Not only is it really good from a financial point of view but also reassuring to get good feedback in a time that’s felt stressful and uncertain 🙌🏼 at least I know my manager feels I’m managing fine.
    Part time working mum | Married in 2014 | DS born 2015 & DD born 2018

    https://forums.moneysavingexpert.com/discussion/6542225/stopping-the-backsliding-a-family-of-four-no-longer-living-beyond-their-means/p1?new=1

    Consumer debt free!
    Mortgage: -£128,033

    Savings: £6,050
    - Emergency fund £1,515
    - New kitchen £556
    - December £420
    - Holiday £3,427
    - Bills £132

    Total joint pension savings: £55,425
  • beanielou
    beanielou Posts: 95,571 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Good news on the chat & the payrise  :)
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • KajiKita
    KajiKita Posts: 7,673 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    Yaay for having a supportive manager and a good pay rise 🎉🥳😊

    KK
    As at 15.07.25:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
    - OPs to mortgage = £11,816 Interest saved £5,28 to date
    Fixed rate 3.85% ends January 2030

    Read 40 books of target 52 in 2025, as @ 29th July
    Produce tracker: £243 of £300 in 2025

    Watch your thoughts, they become your words.
    Watch your words, they become your actions. 
    Watch your actions, they become your reality. 
  • Bluegreen143
    Bluegreen143 Posts: 3,704 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 2 March 2023 at 8:49PM
    Thanks both!

    As well as work, it’s been a busy evening - picked up Monkey’s wee friend with him from school for a playdate and just dropped him off home after dinner.

    He was very well behaved but the kids are now wired as had too exciting a day 😂 they are in their room allegedly in bed but I can hear them moving about so will send Red up in a moment to do a scary dad impression 😂

    Spending

    £160 Car loan

    90p Vending machine at work…

    £6.55 Tesco
    Groceries - fruit & treats for the playdate 

    £6.99 Netflix 

    Total spend for the month to date - £1,259.31
    Part time working mum | Married in 2014 | DS born 2015 & DD born 2018

    https://forums.moneysavingexpert.com/discussion/6542225/stopping-the-backsliding-a-family-of-four-no-longer-living-beyond-their-means/p1?new=1

    Consumer debt free!
    Mortgage: -£128,033

    Savings: £6,050
    - Emergency fund £1,515
    - New kitchen £556
    - December £420
    - Holiday £3,427
    - Bills £132

    Total joint pension savings: £55,425
  • Hello Bluegreen143. Hope all okay as everything gone quiet on here lately? 
  • KajiKita
    KajiKita Posts: 7,673 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    Hello Bluegreen143. Hope all okay as everything gone quiet on here lately? 
    I was thinking the same  :)

    Sending a wave and hello  :)

    KK  
    As at 15.07.25:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
    - OPs to mortgage = £11,816 Interest saved £5,28 to date
    Fixed rate 3.85% ends January 2030

    Read 40 books of target 52 in 2025, as @ 29th July
    Produce tracker: £243 of £300 in 2025

    Watch your thoughts, they become your words.
    Watch your words, they become your actions. 
    Watch your actions, they become your reality. 
  • Hope you are all OK, missing your posts xx
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