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2024 Mortgage-Free Wannabes

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  • LadyWithAPlan
    LadyWithAPlan Posts: 3,751 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Can I please join this challenge for 2024 Julicorn  -  I dont have a number ;)

    Target 2024 is  £17,000 - ambitious but doable I think  - although I also add to my SIPP so  I will scale that back post April 5th to focus on home deposit

    I am planning to save hard and then buy a home finally in 2024 so its an initial savings goal - depends on when I get invoices paid in full as well as work. .

    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
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    LadyWithAPlan said:
    Can I please join this challenge for 2024 Julicorn  -  I dont have a number ;)

    Target 2024 is  £17,000 - ambitious but doable I think  - although I also add to my SIPP so  I will scale that back post April 5th to focus on home deposit

    I am planning to save hard and then buy a home finally in 2024 so its an initial savings goal - depends on when I get invoices paid in full as well as work. .

    Yes of course, welcome to the challenge :) I've given you #78.
  • Lauraebrad
    Lauraebrad Posts: 185 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Hi @julicorn thanks for running the challenge again in 2024.  Please can I keep my number 30 and set an OP target of £2,400.  Thanks!

    Aiming for mortgage free by September 2030

    Balance 1.1.20 - £69,701.80
    Balance 1.1.21 - £63,699.80
    Balance 1.1.22 - £57,762.80
    Balance 1.1.23 - £53,074.20
    Balance 1.1.24 - £47,902.00
    Balance 1.1.25 - £44,141.20

    over payments 2025 = £1,390/£1,500 /// invested 2025 = £900/£1,500 = TOTAL (YTD) £2,290/£3,000
  • gih
    gih Posts: 55 Forumite
    Second Anniversary 10 Posts Name Dropper
    Hi @julicorn I'm a new entrant, please could you allocate me a number with a target of £4500? Thanks. 
  • MumToOne
    MumToOne Posts: 40 Forumite
    Fifth Anniversary 10 Posts Photogenic Name Dropper
    I’m new to this thread so I have no idea what to post and no number! I owe just under £30k over the next 5 years so long as I have no big surprises… 
  • newgirly
    newgirly Posts: 9,347 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Hi Julicorn, please can I join again for 2024 😬

    Target for the year is £25,280 many thanks! 
    MFW 67 - Finally mortgage free! 💙😁
  • M4dsen
    M4dsen Posts: 9 Forumite
    Ninth Anniversary First Post Combo Breaker
    Hello, I'm a total newbie! Please may I join with my ambitious target of £6,000? Thank you!  :)
  • Moneyminded
    Moneyminded Posts: 288 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    Hi Julicorn, 

    Thanks for running the challenge again, please can I keep #15 with an initial target of £2,500 for this year

    Many thanks
    • Original mortgage end date: March 2041
    • Current mortgage end date: Dec 2032 
    • MFW 2025 #15 £378.00/ £2,400 /// MFW 2024 #15 £1,608.85/ £2500 /// MFW 2023 #15 £8,617.84/ £10,000 /// 2022 #15 £7,315.24/ £7250 /// MFW 2021 #15 £8,530.07/ £8500
    • Daily interest is currently £4.48
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    gih said:
    Hi @julicorn I'm a new entrant, please could you allocate me a number with a target of £4500? Thanks. 
    #57 has just freed up, so that is all yours now. Thank you for joining :)
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    MumToOne said:
    I’m new to this thread so I have no idea what to post and no number! I owe just under £30k over the next 5 years so long as I have no big surprises… 
    Hi there, just let me know your goal for this coming year (2024) and I'll allocate you a number :)
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