Don't hit me with those negative waves Moriarity

Cara_

Have a great weekend and well done on repaying 5k

jwil

Well done on the debt busting! Have a lovely weekend

Sun_Addict

Enjoy your weekend. That’s an awesome amount to have paid off well done 🙂

itsthelittlethings

Enjoy the camping Lzzy, you have perfect weather for it. Don’t forget the suncream and shade!

rachmac3

I was trying to reply to one of your entries a few days ago, but the site was not having any of it. Totally forgot what I was trying to say now. Typical. 
Anyway, congratulations on repayment!
Have a lovely weekend 

Blackcats

Well done on your debt repayment total!  Great progress.  

Hope you've had a lovely weekend.

LzzyIsGod

Thanks everyone!!

What a smashing weekend - it was just what the doctor ordered and well needed. Definitely more spendy than anticipated though but I got the food just about right.

No further movement on my figures but I have FINALLY been brave enough to stick a signature on my posts. No spend day today (thank goodness) and it'll be quiet nights in til pay day next week 🤣

LzzyIsGod

The Masterplan   Oasis

I'm not sure about everyone else, but I appreciated the coolness of the weather today, although I have been sleeping a bit better recently. And another NSD which was pleasing - it's funny how spending creeps into the working week when you aren't looking, and this is something we've really knuckled down on this year.

I haven't really mentioned Mr Lzzy much on my diary although he is very much around. I think initially he was a little unsure of my "Let's Get Our Finances Sorted" Mission but after many years of marriage I find sometimes leading by example is a good way of positively influencing him 🤣 He is now a fully paid up member of the Mission and did mention today how impressed he has been with how much I have paid off so far and got our budget to balance. Praise indeed!!.

One of his suggestions is looking at our mortgage as we have come to the end of our previous deal. We don't have an overly huge mortgage but do have a sizeable amount of equity. I won't lie and say consolidating the debt hasn't crossed our minds but I am VERY conscious that consolidating isn't generally suggested on the DF board and indeed I have fallen into that trap a few times over the years but never learnt from the experience. I have been very clear that if (and its a very big If) we did go down that road then we continue with our focus shifting to building savings and getting mortgage free with CCs being permanently banned from our accounts. Personally I never intend to see a credit card ever again in my name once I am through this.   I'd likely use the potential money (potentially!)  coming mentioned a few pages back to chunk a massive amount off the mortgage. No rushed decisions though.

I never ever want "the fear" of debt hanging over me again. Absolutely never. Having just started sleeping again Id quite like it to continue without waking up in a cold sweat.

jwil

If you are considering consolidating your debts into your mortgage, that's very different to consolidating into a normal loan, and it's not really a good idea because you are converting unsecured debt into secured debt and potentially putting your home at risk if your circumstances change in the future.  Plus it could cost a lot more if you have a long time to run on your mortgage.

Here's Martin's advice on the matter: https://www.moneysavingexpert.com/mortgages/move-debts-to-mortgage/ 

LzzyIsGod

jwil said:

If you are considering consolidating your debts into your mortgage, that's very different to consolidating into a normal loan, and it's not really a good idea because you are converting unsecured debt into secured debt and potentially putting your home at risk if your circumstances change in the future.  Plus it could cost a lot more if you have a long time to run on your mortgage.

Here's Martin's advice on the matter: https://www.moneysavingexpert.com/mortgages/move-debts-to-mortgage/ 

Yes this was my initial worry too although looking at remortgage options on our existing amount is probably a good idea anyway. I don't want to be too discouraging of him bringing ideas to the table for discussion (even if they may not be Goers!!)