2008 MFW newbies

bellsbells

Courgette wrote: »

Hi all

Great news - have got a job starting in September. I'm just finishing training to be a Secondary English teacher and I really am chuffed to bits, if not slightly terrified...

Does anyone know when in the month teachers get paid or does this vary depending on LA?

Also, I keep reading on here that people have done their clicks for today. What does this mean?

Many thanks

Courgette

I get paid the last working day of the month, and I work in the West Midlands. It must vary from area to area. Just how many teachers are there on here - there seems to be loads!:rotfl:

bellsbells

moneysavingwannabe wrote: »

Hi Courgette,

Congrats! :beer:

I'm a teacher and I get paid on the 22nd or before if it is a weekend.
I'm in the midlands, not sure if it varies between LEAs?

Which bit of the Midlands? I am Coventry LEA

bellsbells

sportyjd wrote: »

Hi everyone,

We would like to join this post.

We are purchasing a new house and have a new mortgage. We had a starter mortgage of £190K and have already got it down to £180K selling things and paying off things quicker than expected.

Our goal from July 2008 will be paying off at least £5K off our £180K mortgage over the next two years. So I guess that is £1250 approximately every six months!! Ahhh! If we can do more we will! Top tips welcome :-)

welcome sporty - just send me a private message (PM) when you want to do an update!

bellsbells

Last day to get in your May totals folks. I will be changing the list ready for June some time tomorrow:T

moneysavingwannabe

bellsbells wrote: »

Which bit of the Midlands? I am Coventry LEA

Hi bellsbells,

You're not too far away I'm in Nottingham. .

We could start a shared planning thread!! Timesavingexpert.com!!:rotfl:

fluffysox

Hi guys, chuffed yesterday, made an extra overpayment of £335 on top of normal £160 monthly overpayment. And realised we had finally paid off the first £10000 of the original mortgage:j (its taken four years- but its a milestone for us) Got me thinking- how long will it take to pay off another ten grand- three years? two years?

tootallulah

Hi All

£120 paid off this month and now I'm shifting to saving. I've reached £2200 for the year and would like to get to £7000 so some serious saving is needed. Many congratulations to all the over-payers, people are doing so well.

fluffysox

Well done tootallulah! :j
Whan you say switching to saving, what do you mean? Do you mean using a high interest saving account then moving the money into mortgage later- or do you mean something else? Always interested in everyone's methods

aliportico

Hi all - haven't been about much lately, things have been hectic here. Good, but busy Anyway, due to two weekends away (one with the family and some friends over the May Day Bank Holiday, one just me away with *my* friends for a weekend which was excellent!), and only a couple of Amazon sales, May's overpayment was only £88. Still, brings me up to £800 for the last 4 months.

I've also halved my overdraft since the beginning of the year - that should be paid off by December, and I have to confess that that's more of a personal priority for me than the mortgage!

Anyway, hopefully I am still on course for another £1200 overpayment in the next 7 months. This month I have dd2's birthday, but I've been putting money aside for birthdays, so that should be ok. July might not be a good one for the mortgage though - most of my overpayment money comes from my tutoring, and we're away for 3 weeks in July, although again I have a little bit already put aside for holiday spending, but it's not that much. So no working + holidays = no extra money coming in + extra money going out! I think I'll be doing well to stick to my overdraft reduction that month.

bellsbells

bellsbells wrote: »

Goal for 2008/general aims Total so far May total
1. Martinslovechild - MFW Graduate
2. Poppyosaur - £2000 overpayment £1170 £236
3. SPL - £5000 overpayment £3654.95 £902.92
4. Elantan - £2000 overpayment £1021 £100
5. Newmoneysaver - £1500 overpayment £1300 £100
6. Lumpy Custard - Reduce mortgage to £20K £600 £
7. Wheelies - £343.20 overpayment £87.20 £30
8. Daft Pegasus - Reduce mortgage by £12000 £6654.06 £492.77
9. Ms Cat - £2000 overpayment by end Nov £700 £
10 MF2015 - £8900 overpayment £3750 £
11. Hummingbird - £4685 overpayment £450 £50
12. TEENY -
13. Bellsbells - £2500 overpayment £1090 £150
14. Atypicalblonde - £2500 overpayment £0 £
15. Frugalfreda - Overpay as much as possible £3000 £
16. Di-Dough - £3000 overpayment £839.29 £214.23
17. Torbrex - £2000 overpayment £901.73 £190.31
18. Violet Blue - Reduce mortgage to £23000 £1715 £
19. Belfastgirl23 - £2500 overpayment £1250 £282.50
20. LouiseJ - £3720 overpayment £1711 £350
21. Thriftyget - Sub 30K by end of year
22. Jay1 - Overpay as much as possible
23. Squiggly Diddly - Overpay something each month £500 £100
24. Kazzieg - Clear £35k mortgage
25. Zavarony - £3000 overpayment £800 £200
26. Stripey Cheese Skirt - £3000 overpayment
27. SALTY69 - £3600 overpayment £700 £
28. Emma_Nottingham - £1600 overpayment by 2/11 £361.35 £
29. Macka0 - Pay off £5000 by October £1500 £
30. Kezza12 - £3000 overpayment £1270 £200
31. Lifebegins - £6000 overpayment
32. George_jetson - MF in 2008
33. Chrisbee - £600 overpayment £50 £
34. Sheslookinhot - Reduce mortgage to £13000 £1691 £337
35. Intheblackfinally -
36. DrGUID -
37. Lauren565 - £5000 overpayment £1,132 £
38. Cazzdevil -
39. Twinklie - £
40. Alion - £3000 overpayment £1000 £
41. Aliportico - £2000 overpayment £800 £88
42. Steveswift - £4000 overpayment £1680 £260
43. Tootallulah - £4500 overpayment £2200 £120
44. Angel81uk -
45. Howskint? - £3500 £ £
46. Freaky-di - £1500 overpayment
47. Broomstick27 - £500 £
48. Gazella77 - £2000 overpayment £490 £
49. Alli_baba2 - £4500 overpayment £1798.68 £
50. Loomacdon - overpay as much as possible £4427.48 £382.90
51. Bargainhunter - £2400 overpayment£400 £
52. I,m Sad - £ £ £
53. Clockwatcher - £500 overpayment £600 £
54. Maximumtime - £4000 overpayment £ £
55. Hawksmuir - £1000 overpayment £300 £
56. Courgette - £2000 overpayment £245.75 £245.75
57. Sofasurfer - £5000 overpayment £50 £
58. Teasel26 - £1000 overpayment £ £
59. 49clare - £ £800.44 £400.44
60. ShakyStoozer - £ £ £
61. ShreksBodyDouble - £1000 overpayment £680 £100
62. IDN101 - £ £ £
63. Sosh - £4000 overpayment £2033.43 £389.83
64. Oggieinglos -
65. Steve-o - £7200 0verpayment
66. Daisydog - £
67. Skint2008 - £
68. Mischiefmaker - £1000 overpayment £40 £
69. Courgette - £2000 overpayment £800 £
70. Gillybean - £2000 overpayment £100 £
71. Birdstill - Reduce mortgage by 20k £15K £
72. Bigadd - Overpay by £3564 £ £
73. Bubblette - Offset as much as possible
74. Gustavlebon -
75. Pollys - £2400 overpayment £1780 £1780
76. Savvymummy - £1000 overpayment £197 £50
77. Overthetop - £5130 overpayment £1140 £570
78. Snaggles - Get mortgage to below 32k
79. Oompahloompah - £ £ £
80. Dingling68 - £1500 overpayment
81. Abouttimetoo - £2700 overpayment £650 £300
82. Sreppaw -
83. Aliwal - £1000 overpayment
84. Zebedy - £5000 overpayment £1400 £1700
85. Mustafa Say Ving - £5000 overpayment £585 £
86. Mrs Binsky - £6000 overpayment £2500 £500
87. Mitchg - Mortgage free this summer
88. Shawtj2 - £600 overpayment by March '09
89. Bedhair - £1500 overpayment £300 £
90. Redmadcurls -
91. Moneysavingwannabe - £2250 overpayment £595 £239
92. Ilovecookies - Overpay as much as possible
93. Warrior Princess -
94. Fuzzipeg - Reduce mortgage by 9K
95. Shirlgirl -
96. SuiDreams - £500 overpayment
97. Welshlassie - £120 overpayment £10 £10
98. Jobags - Overpay 40K £7285 £6750
99. Laurar3 - £1500 0verpayment £250 £250
100. Cookie334 - Overpay £600 £334 £334
101. Petscomer176 -
102. Hels50 - Reduce mortgage to sub 60K
103. Vespa Rider - £3000 overpayment
104. Fluffysox - £2000 0verpayment £1135 £335
105. AJ1982 - £5000 overpayment
106. Noodles42 - £2000 overpayment
107. Gifford - £10000 overpayment £5000 £5000
108. Sportyjd - £1250 overpayment

That's May done with folks! Here come June!