We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Getting shot of the mortgage sooner than 2049!

Options
1110111113115116147

Comments

  • beanielou
    beanielou Posts: 95,401 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Good news on payrise.
    My DS tends to hire as he is constantly needs a different size.
    He looks great in it  <3
    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: 7,504 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    KajiKita said:
    Congrats on the payrise! :) Going up two grades sounds like a significant achievement :)

    KK 
    Congratulations on the pay rise and the recognition of your good work, I should have mentioned that in my first post today but I was distracted by men in kilts 🤭
    😂😂😂😂😂 To be fair, I can understand why 😉

    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 = £11,338 Interest saved £5225 to date
    Fixed rate 3.85% ends January 2030

    Read 36 books of target 52 in 2025, as @ 19th July
    Produce tracker: £223 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. 
  • missymoo81
    missymoo81 Posts: 7,972 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Huge congratulations on the 2 payrises, must be such a weight off of your shoulders to have that bit extra coming in. Love the cardigan crossover thing. I’m rubbish at knitting, I can knit but just: knit one pearl one sort of thing. 
  • Hello Bluegreen and hope all well with you lately? 
  • Bluegreen143
    Bluegreen143 Posts: 3,702 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Hello neglected diary!

    It’s been a lovely month - highlight being going on a lovely hen do last weekend 😍

    It wasn’t too expensive in the end - cost breakdown:

    - £145 for the accommodation (paid last month)
    - £68 for activities and food/prosecco kitty, but I came home with a bottle of prosecco
    - £32 on gifts for Red & the kids (just a colouring book each for the kids but I got Red a leather bracelet at the gift shop)
    - £12 on food and drink out 

    The bride’s mum paid for our big dinner out which was so kind 🥰

    I’ve finished sewing my dress for the wedding, which looks good, and my sister has lent me a pashmina to wear over it. Red has hired a kilt which was a bargainous £70.

    We’ve been busy in the garden and did go garden centre shopping for plants yesterday, but that’s coming from our May budget as Red got paid yesterday. 

    I’ve simplified our budgeting a bit - I use Monzo bank which allows for various pots and I just discovered you can set up DDs to come directly out of the pots. So I spent some time this morning checking my spending log and making sure all pots/accounts have what they should have in them. 

    As I’m dog sitting my mum’s dogs today, we can’t really get out (one is a newish rescue and not good around other dogs so I don’t want to go out to the park) so the plan today is to get lots of gardening done. It is rainy alas 😂 I’d also like to do a proper declutter/deep clean of the bathrooms too. The inside of the cupboards is not something I usually do and they are quite manky now 🙈
    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
  • Bluegreen143
    Bluegreen143 Posts: 3,702 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 30 April 2023 at 11:21AM
    May promises to also be lovely and pricey 😂. 

    Plans are:

    - my friend’s wedding this weekend, there is no way around a bunch of taxis being needed both for us (we have to go separately as I’m invited to the ceremony but Red isn’t due to it being a very very tiny ceremony in a registry office) and babysitters

    - going camping next weekend

    - got a five day self catering holiday (in Scotland) at the end of the month - so looking forward to it!

    Oh meant to update on emergency fund goals - currently standing at £4,263.36 in the main emergency fund and £2,800 in our help to save accounts. 

    Would love to top a £5k emergency fund in June 🤞🏼🤞🏼🤞🏼
    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
  • Bluegreen143
    Bluegreen143 Posts: 3,702 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Our emergency fund was at £2,284.74 on 1st Jan. £2,000 doesn’t sound like much extra but we’ve had a large car bill and large home repair since then which we’ve covered without dipping in 🙂
    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
  • Cheery_Daff
    Cheery_Daff Posts: 17,098 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sounds like great progress to me! Glad you had a nice time at the hen do 😊
  • Baileys_Babe
    Baileys_Babe Posts: 6,252 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    It sounds like you had a fabulous time at the hen weekend.

    You have some lovely plans for May, enjoy them all.
    Fashion on a ration 2025 0/66 coupons spent
    79.5 coupons rolled over 4/75.5 coupons spent - using for secondhand purchases

    One
     income, home educating family 
  • KajiKita
    KajiKita Posts: 7,504 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    I think £2K on the EF with a 4 person household, 1.75 incomes (ish) and the spending and projects you have described recently (I’m also thinking of Red’s Shed) is good going! 👏😊

    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 = £11,338 Interest saved £5225 to date
    Fixed rate 3.85% ends January 2030

    Read 36 books of target 52 in 2025, as @ 19th July
    Produce tracker: £223 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. 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.