Best put on my big girl pants! my saving for a deposit diary
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mumof3.12kindebt
Forumite 984 posts
My diary to debt free and saving for a deposit by 35 .*updated feb 2018 - aim to be homeowners by if not hopefully before 30*
we aim to save 25k before even going to the bank for a dip
current age 25 . current financal status . trying but not trying hard enough . in debt with hardly a pot to wee in ... it has to change ... from today
we have consolidated our debts as of November so will just do an update regarding extra payments and a remaining balance every few months.
for the most part this will be my diary on saving for a deposit the highs lows and raising 3 children all currently 8yo or younger while doing it .
update 13.07.2019
september 2018 - paid off the loan
november 2018 - became debt free
febuary 2019 - offer was accepted on our forever home
june 2019 - completed on our purchase and moved in - was left £3000 out of £12,500 after all our expenses
see my previous diary here
https://forums.moneysavingexpert.com/showthread.php?t=5656806
took out mortgage with 5% deposit over 40 years - and im not paying a mortgage until im 66!
see our new mortgage free diary here
we aim to save 25k before even going to the bank for a dip
current age 25 . current financal status . trying but not trying hard enough . in debt with hardly a pot to wee in ... it has to change ... from today
we have consolidated our debts as of November so will just do an update regarding extra payments and a remaining balance every few months.
for the most part this will be my diary on saving for a deposit the highs lows and raising 3 children all currently 8yo or younger while doing it .
update 13.07.2019
september 2018 - paid off the loan
november 2018 - became debt free
febuary 2019 - offer was accepted on our forever home
june 2019 - completed on our purchase and moved in - was left £3000 out of £12,500 after all our expenses
see my previous diary here
https://forums.moneysavingexpert.com/showthread.php?t=5656806
took out mortgage with 5% deposit over 40 years - and im not paying a mortgage until im 66!
see our new mortgage free diary here
June 2017 £16,000 debt ~ Nov 2018 DEBT FREE
June 2019 Homeowners ~ June 2019 mortgage £123,500.00
July 2020 mortgage £117,500 ~ loan £12,000 ~ emergency fund £5000
June 2019 Homeowners ~ June 2019 mortgage £123,500.00
July 2020 mortgage £117,500 ~ loan £12,000 ~ emergency fund £5000
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**Credit card debt free 30/06/10~**
MFW. Finally mortgage free February 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb.
It starts with you, it starts from now. *** It is ok to be me.***
***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
in june my debt total was £14898 not including recurring credit card interest
it currently stands at £12907.56 including loan interest
£11766.60 loan 6.8% (total includes interest)
£940.96 catalogue 0%
£200 family member (brought a tent and camping equipment off them)
we have 13 months until the end of next year . so my goals by 31st december 2018
catalogue paid off (£940.96p)
loan dd payments (£2549.43p)
extra to loan (£450.57p)
family paid (£200)
savings goal £10,000 (house + emergency fund)
June 2019 Homeowners ~ June 2019 mortgage £123,500.00
July 2020 mortgage £117,500 ~ loan £12,000 ~ emergency fund £5000
November 2017 - debt £12907.56 / savings £500
February 2018 - catalogue paid off . / savings 3200 / family 40 / loan 11000 - but banking app says 9396.11. so i need to phone them
April 2018
savings £3600 . total debt £7800
June 2018
August 2018
October 2018
December 2018
At the moment I hope to save
5k by April
10k by August
15k by December
June 2019 Homeowners ~ June 2019 mortgage £123,500.00
July 2020 mortgage £117,500 ~ loan £12,000 ~ emergency fund £5000
Watching a film with the boys. Then it's tea baths and bed for the kiddies and I need to really crack on with my meds course for work
June 2019 Homeowners ~ June 2019 mortgage £123,500.00
July 2020 mortgage £117,500 ~ loan £12,000 ~ emergency fund £5000
June 2019 Homeowners ~ June 2019 mortgage £123,500.00
July 2020 mortgage £117,500 ~ loan £12,000 ~ emergency fund £5000
I'm going to eat my tea and have an early night. Boys have gone to stay at my grandmas. I completely forgot about this. Hoping baby will settle okay. Haven't got as much as I wanted to get done during my week off but it's been nice to have a little rest TBH and just not be rushing around so much. I haven't done much in the way of preparing for Xmas.
Cant wait till next pay day to add more to the savings accounts. Hoping to add around £1k next month.
June 2019 Homeowners ~ June 2019 mortgage £123,500.00
July 2020 mortgage £117,500 ~ loan £12,000 ~ emergency fund £5000
Boys are still with grandma so I'm going to crack on with my course from work.
Have a lovely Sunday everyone
June 2019 Homeowners ~ June 2019 mortgage £123,500.00
July 2020 mortgage £117,500 ~ loan £12,000 ~ emergency fund £5000
June 2019 Homeowners ~ June 2019 mortgage £123,500.00
July 2020 mortgage £117,500 ~ loan £12,000 ~ emergency fund £5000
Yes it will be paid before the interest I have until Sept 2018 . This is why I didn't include it within the loan consolidation otherwise I would of done.
June 2019 Homeowners ~ June 2019 mortgage £123,500.00
July 2020 mortgage £117,500 ~ loan £12,000 ~ emergency fund £5000