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Having to lower my MFW hopes...

My temporary contract at work is coming to an end in the next couple of months. Boo!

Ah well, I knew it never a permanent thing and given that I was only supposed to be there 12 weeks and that was almost a year ago I've not done bad out of it.

But now it means I'll not be able to save as much towards overpaying as we'll be back down to one income. I have my own business working with young children that has been put on the back burner because of this job (it paid REALLLLY well!) so I guess my next move is to take this to the next level and really go for it. My business partner and I have not yet been in business for a year and have yet to take anything in salary, but we are just getting to that stage now. And I'd sooner earn my own money working for myself.

So my thinking now is I must be able to find at least £50 per mth from SOMEWHERE, I am absolutely NOT going to stop striving to reduce our mortgage.

Sorry for the ramble, just wanted to reaffirm what i'm aiming for and why I'm doing this after a bit of a knockback today workwise. But I'm turning a negative into a positive.

Like my sig says, onwards and upwards...

Comments

  • StuartGMC
    StuartGMC Posts: 2,175 Forumite
    Gillybean
    Good luck with the new (old) venture. If things may get tougher why not put the cash to one side in savings then, once you have brought everything onstream with the new business and know you don't need additional cash to draw upon, you can then make a payment of the amount saved as a "celebration" of moving forward?

    Best wishes
  • Little_Mama
    Little_Mama Posts: 925 Forumite
    Hi Gillybean,

    Sorry if you've already checked these but the "make £10 a day" thread on the DFW board is good and really motivating, also the "MFW, What small thing have you done/ will you do today?" on this board has some good ideas, plus Welshlassie's "Regular checks to maximise OP potential - Check for June" thread is good too.

    Good luck with business and the overpayments.

    LM :)
    :jMFWin3T2 No 20 - aim £94.9K to £65K:j

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