2008 MFW newbies

bellsbells

Topov wrote: »

Hi bellsbells, can i join this thread?

Im just in the process of sorting out our family finances thanks to this great site and one item on the list is trying to get rid of our mortgage quicker

Our mortgage is £52500 and our target for the remainder of this year would be to pay off £3000 if possible

Thanks,
Topov

welcome topov!

fivefifty

Wine arrived coutesy of Nectar points- Christmas presents for all and sundry.
Not even opened the box- How good is that?
Joined Rambling group - £10 for the whole day out walking - fabulous value.
Couldn't even cover the petrol for that -90 miles away to Osmotherley.
Great day.
Got to keep fit and healthy even though cutting costs down in other areas.
Looked at selling on ebay but not convinced that the time and effort is worth it , especially when working full time. Minght just stick to selling at car boot sales
Any advice?

kezza12

cheap days out are great arn't they especially when the energy companies are trying to send us bankrupt...i'm with you with the ebay selling five i can never get round to sorting all my stuff out but i try to save in other ways. got my £5 Tesco voucher out of the paper yesterday and last week they were giving away free jars of coffee, every little helps i,m trying at the moment to cut back on throwing food away ggrrr the hubby refuses to put the bananas in the fridge as they go black, he just doesn't get that it's just the skin and their completely fine on the inside!!!! my entertainment's sorted for the next 3 weeks anyway so i should save lots of money as you will mainly find me sitting front of the tv watching the Olympics. go team GB!!!!

Alion

We overpaid another £500 yesterday - still on track with an overpayment every other month

shirlgirl2004

I can give my August totals already because I've OP by £1,323.69. I'd like to round it up to £1,500 but things are quite close to the wire this month after going away for the weekend and spending a bit too much. Never mind OH gets paid next week and then it's a whole new MF month

violetblue

Well I've finally had the redemption figure for my current mortgage, and have just done a bank transfer of *gulp* £12,134.83 to the solicitors to cover the shortfall. I think I need a lie down now...

My completion date is next Monday, so I'll be updating my sig when it's all gone through.

I think that's me done for overpayments for this month!

debjk

Well my Dp and myself have decided to start overpaying our mortgage. We have £64,000 to pay with 20 years left. If we can manage to half the time we have on this we will both be ecstatic.

sky-blue_pink

Hi, I'm new here and have already been mortgage free once. That was over ten years ago when we had two incomes and no kids.

Since a major extension on our property (was cheaper than moving) we took out a £42K mortgage and have been in a position to overpay by £150 per month only for the last year - so £1200 so far this year.

Trouble is though, I don't want to skint ourselves (did that before but can't face it now, especially with the children) but I need to be much more imaginative in where I can find extra funds. I'm fairly frugal already.

I need inspiration....and dosh...

Snaggles

Hi Sky-blue pink - over on the debt free wannabe board they have a monthly challenge called 'make £10 a day in xxxx(insert month)'. That's usually a really good source of ideas to bring in a bit of extra cash. You sound as though you are doing well already though if you have reduced your term to 9 years. :T

Snaggles

I sold my shares yesterday and should get the money through in the next couple of days - there is enough to pay off all of the secured loan and a little bit off the mortgage, taking my total mortgage to below £32k....woohoo!

Will update properly once I know the exact figures, but then I will have to set myself a new target.