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Snug & Sorted: Our Race to Mortgage Freedom

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  • kaycastle
    kaycastle Posts: 419 Forumite
    Seventh Anniversary 100 Posts Name Dropper Photogenic
    April was an expensive month!! For good reasons though:

    • £400 on big bed for child, including bedding. The bed transforms as he grows so will last well into teenage years hopefully
    • £140 on new running shoes for OH (Its his main fitness hobby and his never had proper shoes to stop blisters etc. )
    • Dentist, tickets for a music festival in summer for OH
    • Inevitably lots more eating out than usual and more petrol - we had our 4 days away as family, a night away for ourselves child free, and also visited parents/friends 
    Total spend £2500...yikes!! I am strangely pleased though because this is close to our monthly spend before decided to be more frugal and focus - but we've been away, whole new bed and other necessaries.

    Leftover is £860 - so we have £172 for savings and £688 for overpayments.

    I need to get OH to open a savings account and then will organise savings. I've sent the overpayment so that's done.
    Mortgage start: April 2024 - 295k  Current £256k
    Emergency fund: 13.5k/15k 
    Current mortgage free year: 2054 2039
    Mortgage free diary: Snug & Sorted: Our Race to Mortgage Freedom
    The little joy list
    Books read: 41 (2024) | 12 (2025)

  • LadyWithAPlan
    LadyWithAPlan Posts: 3,744 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    kaycastle said:
    I've found something to occupy my time a bit/use to learn more technical skills that solves a real life problem for me and naturally I've got started right away  :)

    I think meal planning is great but I find it time consuming and boring and still feel like I waste food as I'm not good enough at making sure I'm picking meals that sharing ingredients - just don't have time/concentration levels.

    So I've decided to build my own automatic meal planner using google sheets and python. Crucially I refuse to pay any money to any API or other products that do this anything which pretty much means a lot of data input for me at the beginning. 

    Two things I want it to be able to do at first:
    • Generate a meal plan that uses up all fresh ingredients on the shopping list, and fulfils other criteria like 2 veg meals, slow cooker meals on certain weekdays etc. etc. and keeping things varied and healthy
    • Generate the shopping list
    • Keep track of what meals we've done/what ingredients are left/what's in the cupboard etc. 

    And I'll benefit from the learning...
    This sounds like a great project ! 

    Sp great you and OH are on the same page and certainly saving 5 years of mortgage payments is v motivating - well done ! 
    That mortgage has no chance 
    DON'T BUY STUFF (from Frugalwoods)
    No seriously, just don’t buy things. 99% of our success with our savings rate is attributed to the fact that we don’t buy things... You can and should take advantage of discounts.... But at the end of the day, the only way to truly save money is to not buy stuff.    Money doesn’t walk out of your wallet on its own accord.
    https://forums.moneysavingexpert.com/discussion/6289577/future-proofing-my-life-deposit-saving-then-mfw-journey-in-under-13-years#latest
  • South_coast
    South_coast Posts: 5,855 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    Hey Kay, just checking in for your May/June update?
    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
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