It always seems impossible until it’s done…

debtfreeoneday

I started this journey 14 years ago with some £65k worth of debt and £118k left on the mortgage. 

Whilst the original aim was to clear the mortgage by the end of 2023 in line with retirement plans, it hasn’t quite worked out that way. Buuuuut if I look at what we’ve achieved, we have come so far!  

We cleared every single pound of debt. We have overpaid on the mortgage regularly and are now down to just over £40k  outstanding. 

So I’m starting a new diary to see us through to mortgage freedom now. It might take a year. It will in all honesty take longer but we are still as committed as ever to clearing it as soon as we can. 

What once felt impossible though is oh so nearly done. We’ve cleared some £143k of debt in that time. So onwards and downwards now. 

debtfreeoneday

Current goals. I work at these until achieved and then set new ones. These started end November hence some progress already made. 

OP/SAVE MORT NEUT £3003.40 /£5000

EARN £338.53 /£1500

SAVE Dec 23 food budget £110.50/£400

SAVE EF £965 / £2000

SAVE - £350.16/ £1000

SAVE Amazon vouchers £31.01 /£300

SAVE for Wood £50/£400

Mortgage balance - £40,582.32

Mortgage neutral savings - £481

Mortgage percentage left to pay - 14%

71 months left. 

+ 

- House ownership now up to 86%

- So so close to going under £40k. This month for sure!

Moneyfordreams

You have made huge achievements  - that £40k shouldn't be too hard to realise  

Karmacat

Subbed again!  You know you're nearly there   I mean, look at the fulfilment for those goals that started at the end of November - really good percentages there!

South_coast

Oh, I LOVE the new title 👍! Just think of when it is done and all that paying-off malarkey just suddenly becomes something in the past! Will be cheering you on and looking forward to reading about your continued excellent progress 😀😀😀

pennywisepoundstupid

Happy New Year and Happy New diary xx

SandyShores

You are getting so close to that target now

debtfreeoneday

Thanks for all popping in. I’m feeling super motivated at the mo to crack on. 

To that end, I’ve just cashed in £10 Amazon voucher from shopandscan so off to a good start with money earned this month! 

SandyShores

I can feel that motivation from here

⚡⚡⚡

debtfreeoneday

£13 cashback requested and on The way. 

No win on premium bonds for me this month. Waiting for the kids to wake up to check theirs. Be nice if one of them won something!  

Few surveys on prolific updated their amounts payable so I’ll be at payout again when they all clear. 

Sarahwithlove

Good luck on the rest of your journey it will be gone before you know it.