A few queries

jodester1980

Hi

I've been looking through this forums fora few weeks now and feel like I am actually finding what I am looking for.

I am interested in the mortgage free in 3 years but I am thinking that realistically I could do it in 5 years confortably.

Just a few questions, I have registered for quidco and got a mortgage pig but what else should i be looking at doing?? Also what is this £2 savers club that are on the bottomof peoples threads??

I don't have an overdraft and only draw out a set amount each week and then whatever is left in the bank at the end of the week I pay towards the mortgage.

Any help or advice would be much appreciated.

Cheers
Jodes x

Kaz2904

I think you are doing things right. You need to never overpay for anything, so don't buy it unless you're sure it's the cheapest.
Have you maximised your income? Do you have things like insurance policies that all pay for the same thing? You need to review all of it.
The best bet is to wander over to the debtfree wannabee boards so that you can get some advice from them.
Remember though that the level people go down to when paying off debts is lower than you need to force yourself for a mortgage unless you are comfortable to do so.
2 reasons, mortgages are long term and it would be nigh on impossible to coninue to live on nothing for 20 years. Also you shouldn't be paying huge interest rates on a mortgage so it is friendlier debt than credit cards etc.

Trying_to_be_good

Kaz2904 is really good on this stuff - always ask yourself if you need what you're wanting to spend money on, but decide with your close family/friends how far you're going to take this e.g. spending on birthdays and Christmas can be a huge chunk of money that would otherwise be an overpayment on the mortgage, but you have to remember to have some real life in there somewhere.

No good paying off the mortgage if you burn yourself out doing it and then can't enjoy the mortgage-free life!