2023 Mortgage-Free Wannabes

Martas

Oh so excited to join for another year! I'm number #90 but happy to move up the list if needed. My target for this year is £12000, but nothing much will be happening until the end of June as my remaining overpayment allowance currently is only £57.14 and will renew on the 20.06.2023. 

Looking forward to seeing what we can achieve in 2023!

she_always_has_a_plan

Hello all! Brand new to this and very excited to be finally able to join. Can I please start with a target of £2400/year. Thank you!

JohnTheSkier

Hello, new to this as only just got a mortgage. Could I please join with a target of £2400 for 2023?

julicorn

spiritless said:

Hello all! I think we're ready to join you! Please can we start with £5k as our 2023 target? Thank you

Absolutely, welcome on board! You've got #50.

julicorn

gillynomad said:

julicorn said:

Sorry about that, and thanks for flagging it up! Sounds like Google has ramped up its default security settings a little - I've made a couple of changes now, would you be able to have another look and see if it works for you now? Thanks again!

I can now access it so think you've fixed the issue!

That's great to hear, thank you for confirming and sorry for the initial mess up

julicorn

AntoMac said:

#85 (but will take any number)
Please May I join again with an overpayment target of £2500
Thanks

Great stuff, I've moved you up to #51

julicorn

try_harder said:

Please could i join in with a target of £30000 !.This is the amount i have remaining on my mortgage and it would be good to see it all go next year .I shall be throwing everything  at it that i possibly can .Thank you

Lovely to have you back - I've given you number 52

julicorn

Singlespeeder said:

Can I join please? New to this.
£130k mortgage started out in March 2021 ... currently around £95k with hopes of being MF in 3.5 years. Ambitious. But we're on track.
I'm not really sure how this works, I'd hoped it was a sort of 'league' with the folks with the least to pay being at the top, biggest outstanding debt at the bottom, then when you make a payment you change your balance to see if you've 'moved up'.
That'd be ace but I guess difficult to administer. When I saw a MFW # I thought that's what it was. Would be pretty motivational.

I'll see how this works

Hi Singlespeeder, thanks for wanting to join - just give me your target for 2023 and I'll allocate you a number. 

What you're describing is very possible to set up and even to automate to some extent, so I'm not concerned about the additional admin work required. It does however go against the spirit of this challenge somewhat, where any amount overpaid and any target (big or small) counts, people hold themselves accountable to their own goals and we all work together to overpay as much as we collectively can over the year. I've personally been in the fortunate position to pay off a lot over the last few years, but that doesn't mean what I've done is any more impressive than someone who's unable to pay as much or even has different priorities, but still pays what they can / as much as aligns with their personal goals. 

TL/DR: We all work together for this challenge, not against one another

julicorn

Martas said:

Oh so excited to join for another year! I'm number #90 but happy to move up the list if needed. My target for this year is £12000, but nothing much will be happening until the end of June as my remaining overpayment allowance currently is only £57.14 and will renew on the 20.06.2023. 

Looking forward to seeing what we can achieve in 2023!

That's great, thanks for joining again! I've moved you up to #56 and also adjusted your 'months in challenge', so the spreadsheet doesn't make it look like you're way behind your goal for the first half of the year. 

julicorn

she_always_has_a_plan said:

Hello all! Brand new to this and very excited to be finally able to join. Can I please start with a target of £2400/year. Thank you!

Welcome to the challenge, and to the forum! I've given you #58