£30,000 in one year ...One big push

try_harder

I am going all out to pay off my mortgage in 2023 ..The target is £30,000..I am looking forward to getting started , so many people on here have helped to keep me motivated and consistent over the last few years and if it wasnt for this forum i definitely would not be in this position now .I am very grateful

powerspowers

Well done on your progress so far try harder, good luck with your 2023 goal- it’s a big one but you’ve cleared so much in 2022 I’m sure you’ll be saying bye bye mortgage by this time next year 

try_harder

Thank you powerspowers that is very kind of you .

try_harder

Week one of fifty two .

Its so lovely to read everyones diaries and plans at this time of year and oh so motivating !

As with everyone else i shall be working really hard to save as much as possible towards paying off my mortgage this year .Then if all goes well saving to build another extension on to my house , that is the dream anyway.....So as before i need to save around £500 a week ,this is going to mean tons of overtime again for my husband and lots of scrimping along the way plus all of my small wage every week so lets see how we go 

try_harder

Week 1 / 52

£500 has gone in to PBs today .. I have been very good so far ,food budget is well on track and three NS days . I have also managed my challenge so far to make an extra £14 a day income ..Mind you ,it is only day three !

RS89

Good luck. I love the ambition, I’m also going hard on my mortgage. How are you aiming to put aside £500/week? Where have you cut back? 

newgirly

Wow that’s a huge target, will follow how you get on all the best 😊

try_harder

RS89 and newgirly .Thank you both .

Round up of Week 1.
7 no spend days
8 items decluttered
Challenge to make extra income of £14 a day ..I made £231.77 ,i achieved this by several sales on Ebxy plus taking money out of Topcashback,saving 25% on a supermarket shop and selling a large item on a local selling site oh and a £10 postcode lottery win 
£500 from my husbands overtime and my wage ..£250 went straight to mort OP and £250 to PBs
Food budget too was only about £3 over my budget so that was all good too

newgirly

That’s a great start! 

try_harder

Thank you newgirly ,fingers crossed for another good week for us both

try_harder

Week 2 and £500 saved ..£250 went to PBs and £250 in to mortgage O/Ps..

I will do a round up tomorrow for the week .I did buy myself some new clothes which was a bit naughty although it did come out of our Christmas gift money so it was really money left over from 2022 and not 2023