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Beginner's Questions-Now Shirlgirl's updates

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  • shirlgirl2004
    shirlgirl2004 Posts: 2,983 Forumite
    Part of the Furniture Combo Breaker
    OH bought his season ticket (£2,980) on my interest free CC so used £1,500 of the cash to go as an OP. The rest has gone into Egg savings because I need to be certain that we can pay it back when the 0% finishes in June 09.

    ETA: Now I'm thinking I should have put it all into OP and then put the money by when the OH gets his bonus.
  • shirlgirl2004
    shirlgirl2004 Posts: 2,983 Forumite
    Part of the Furniture Combo Breaker
    Couldn't resist the urge and paid another £1,400 off. If I come unstuck (I don't think I will) then I'll just use money from my ISA.
  • Wow! You're doing a great job! :j Keep it up - you're definately inspiring me!
    MBNA - [STRIKE]£7068.60 [/STRIKE] £7060.00 Egg - 1422.35 A&L - [STRIKE]£249.32[/STRIKE] £215.00
    Loan - £13279.50 :rolleyes:
  • nicholbb
    nicholbb Posts: 168 Forumite
    Part of the Furniture Combo Breaker
    Firstly I'm really impressed with your drive.:T
    Couldn't resist the urge and paid another £1,400 off. If I come unstuck (I don't think I will) then I'll just use money from my ISA.

    From what I've read on the site, paying money off your mortgage is roughly the same value as investing in an ISA - so you sound like you're going for a good return with little risk (not that I think you should plunder your ISA if you can avoid it).
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    Well Done:T:T:T:T
  • shirlgirl2004
    shirlgirl2004 Posts: 2,983 Forumite
    Part of the Furniture Combo Breaker
    The OH has finally sold his car :j :j :j . Well we have been given a deposit and the chap will be back tomorrow with the cash and to collect. I am so pleased I was beginning to think it wouldn't sell. I'm looking forward to paying it off the mortgage :D
  • EssexHebridean
    EssexHebridean Posts: 24,740 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Phew - that's a relief isn't it! You're well on the way now then - well done!
    🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
    Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
    Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
    Balance as at 31/08/25 = £ 95,450.00
    £100k barrier broken 1/4/25
    SOA CALCULATOR (for DFW newbies): SOA Calculator
    she/her
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    The OH has finally sold his car :j :j :j . Well we have been given a deposit and the chap will be back tomorrow with the cash and to collect. I am so pleased I was beginning to think it wouldn't sell. I'm looking forward to paying it off the mortgage :D

    Great News:T:T:T
  • shirlgirl2004
    shirlgirl2004 Posts: 2,983 Forumite
    Part of the Furniture Combo Breaker
    Even better news mine sold too. I only put it on Autotrader last night and it sold today :j :j :j . So with both cars sold that's £10,250 I paid off tonight :)
  • Wow! That is fabulous!:j :j :j
    MBNA - [STRIKE]£7068.60 [/STRIKE] £7060.00 Egg - 1422.35 A&L - [STRIKE]£249.32[/STRIKE] £215.00
    Loan - £13279.50 :rolleyes:
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