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Turning Straw into Gold: Creating Long Term Security & A Solid Home
Comments
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I just had a lovely half hour to myself mapping out a floor plan of the house and gardens into blocks. 50 blocks in total with the value of £5k each. I have a key 😂 pink for ‘paid off’ and yellow for ‘renovated’.
We’ve been in the house under three years so it’s looking scarily blank at the moment.
May need to add a car one one for the loan or I’ll feel like I’m making no progress at all!See what you’ve started 🙈 😂. Have a lovely Sunday!
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@Dakota_Rose, that sounds lovely! 😍 Mine is pink for paid off too.
Hopefully it will feel like it starts to go down faster soon for you. I think it's really hard to feel excited about paying down the mortgage in the first few years, as it goes at such a slow pace. Mine is still at the point where the interest is about £1000 each month and less than £300 is coming off the capital.
Updated last day of the month… focus, improving overall net wealth…
Mortgage: starting at -£222,469 (Jan 26) now at -£221,205 (May 26)
Postgrad Loan: starting at -£8,974 (Jan 26) now at -£8,015 (May 26)
Personal Loan: starting at -£11,466 (Jan 26) now at -£10,689 (May 26)
Emergency Fund: starting at £5,511 (Jan 26) now at £2,529 (May 26)
Investments: starting at £50 (Jan 26) now at £658 (May 26)
Jan 27 Tax Fund: £1,621 / £3,298.
Net Wealth: starting at £18,778 (May 26) now at £18,778 (May 26)
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I was thinking roof tiles. My roof loan cost me 12k and I currently owe about 6,700 so I almost owe one whole side of the roof which is quite exciting!
Debts 04/01/25 04/05/26
Natwest2 £6,509.97 £3,775
NatWest CC £7,612.74 £6,125
Lloyds CC £6,112.60 £3,897.12
1st Direct CC £176.03 £35.71
CC total £20,411.34 £13,832.83
OD £1100 £0
Car loan £4,000 £3,400
1st Direct Loan £10,684.44 £6,745
Total £36,195.78 £23,977.83
EF £1,800
HF £272.112 -
Absolutely love this idea, so creative as well.
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Love the roof tiles idea, @Rhyddid2026, that sounds enjoyable to colour in. How much will each tile be? I'll have to do that as well when I get my whole roof done at some point, if I am still here in this house at a later date. @FootyFanDan, it could also be adapted for saving for a house deposit if you are doing one…
I have not been very productive today and must now have a couple of extreme productive hours before bed.
A good thing is that I haven't spent any money.
Updated last day of the month… focus, improving overall net wealth…
Mortgage: starting at -£222,469 (Jan 26) now at -£221,205 (May 26)
Postgrad Loan: starting at -£8,974 (Jan 26) now at -£8,015 (May 26)
Personal Loan: starting at -£11,466 (Jan 26) now at -£10,689 (May 26)
Emergency Fund: starting at £5,511 (Jan 26) now at £2,529 (May 26)
Investments: starting at £50 (Jan 26) now at £658 (May 26)
Jan 27 Tax Fund: £1,621 / £3,298.
Net Wealth: starting at £18,778 (May 26) now at £18,778 (May 26)
2
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