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  • FIRST POST
    • Needhelpsaving
    • By Needhelpsaving 19th Jun 19, 11:35 AM
    • 951Posts
    • 3,606Thanks
    Needhelpsaving
    Our MFW Adventure!
    • #1
    • 19th Jun 19, 11:35 AM
    Our MFW Adventure! 19th Jun 19 at 11:35 AM
    Hi,

    I've had two previous diaries, but as things change and time moves on, so do our goals and aims. I set up my last diary in November 2016, and boy have things moved on since then! So, we're starting a new chapter in our MFW journey and with that comes a new diary.

    A little bit about us for anyone who hasn't met us before, we're a family of four, me (32), OH (37) and two DD's (6 & 1).

    We live currently live in the suburb of a major city, and over time would love to move to somewhere semi rural, but we need to get this mortgage out of the way first

    We refinanced our mortgage earlier this year (mainly due to Brexit looming, becoming a one income family and wanting to keep the certainty of a low interest rate), so we have a balance of 55,579.36 outstanding on a 5 year fixed rate product.

    This year will be a slow start, as we're getting married at the end of the year and are cash flowing the entire thing, no debts/loans etc.

    I will sit down with OH and look at our SOA and see if there is anywhere we can start looking to reduce spends.

    My first goal is to try to raise 79.36 before 31/07 as a token OP to move us forward.

    We're a quirky bunch and things don't always go as planned, but we're going to give it a try
    2020 Target - Pay Mortgage Down Mortgage Starting: 51,737.26 Currently: 51,737.26
Page 1
    • longway2go
    • By longway2go 19th Jun 19, 6:14 PM
    • 168 Posts
    • 368 Thanks
    longway2go
    • #2
    • 19th Jun 19, 6:14 PM
    • #2
    • 19th Jun 19, 6:14 PM
    Hi, just wanted to say good luck. I only started my diary yesterday and it will also be quite slow for us until the start of next year as I am on mat leave although I hoping to build my knowledge now and make plans so that we will be in a good place when I go back to work and Christmas is done and dusted
    Mortgage Aug 2019 161,000
    Nov 2019 156,500 Jan 2020 153,122

    Our Mortgage is never going to be as high as it is today.
    Onwards and downwards to a better life for our family.

    • joedenise
    • By joedenise 19th Jun 19, 8:31 PM
    • 7,319 Posts
    • 52,166 Thanks
    joedenise
    • #3
    • 19th Jun 19, 8:31 PM
    • #3
    • 19th Jun 19, 8:31 PM
    When I was trying to make overpayments to our mortgage I used to round down to whole pounds anything left at the end of the day in each current account - we had 3 at that time - also known as Tilly Tidies.

    It's amazing how the bits add up, although the statement at the end of year tended to be several pages long!

    Denise
    • beanielou
    • By beanielou 19th Jun 19, 10:48 PM
    • 68,431 Posts
    • 312,614 Thanks
    beanielou
    • #4
    • 19th Jun 19, 10:48 PM
    • #4
    • 19th Jun 19, 10:48 PM
    Happy shiny new diary
    Lou~ Debt free Wanabe No 55 DF 03/03/14. MFW. 14 months to mortgage freedom.
    **Credit card debt free 30/06/10~**
    **Weight loss 2 stone 11 lbs **

    "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.***
    • Needhelpsaving
    • By Needhelpsaving 20th Jun 19, 6:32 AM
    • 951 Posts
    • 3,606 Thanks
    Needhelpsaving
    • #5
    • 20th Jun 19, 6:32 AM
    • #5
    • 20th Jun 19, 6:32 AM
    Good Morning!

    We're off the starting blocks for this months target. I have spent some time this morning reconciling our accounts (as it's just before payday for us), and have OP'd 18.40.

    July OP Target = 18.40/79.36

    I have also used some Amazon vouchers collected from survey sites etc to buy some reusable lady products, which should not only reduce our waste, but mean that we won't have to buy any more disposables. It's an investment up front, but I will re-coup that soon enough.
    2020 Target - Pay Mortgage Down Mortgage Starting: 51,737.26 Currently: 51,737.26
    • Needhelpsaving
    • By Needhelpsaving 20th Jun 19, 5:10 PM
    • 951 Posts
    • 3,606 Thanks
    Needhelpsaving
    • #6
    • 20th Jun 19, 5:10 PM
    • #6
    • 20th Jun 19, 5:10 PM
    Food Shop done today based on a meal plan (28.68 spent in Aldi, including 7 wedding items & 12.85 spent at the butchers).

    So, at the moment, I have 8.47 of my 50 budget left for this week. I won't OP any at the moment, just in case it's needed (although it's very tempting!).

    I did score in Aldi though (wedding related) ... we had planned to buy small token gifts for the kiddies (we're not doing favours for the adults ... controversial for some people).

    Anyway, I saw some A3 Disney colouring pads on offer for 1.99 each (apparently the RRP was 9.99?? ), then when they went through the till they had been reduced to 99p each!!!! So I only need to grab some crayons/pencils to go with them, but were coming in around 1.50 per child favour which I am chuffed about, as they look like they cost a lot more
    2020 Target - Pay Mortgage Down Mortgage Starting: 51,737.26 Currently: 51,737.26
    • Needhelpsaving
    • By Needhelpsaving 21st Jun 19, 7:52 PM
    • 951 Posts
    • 3,606 Thanks
    Needhelpsaving
    • #7
    • 21st Jun 19, 7:52 PM
    • #7
    • 21st Jun 19, 7:52 PM
    I was SOOOO close to an NSD today, but it wasn't to be. I spent a whole 1.02 on a fun run donation at DD1 school (the teachers were out in force shaking tins, so I gave them what was in my coat pocket, a whole 1.02! ).

    Not too bummed about it though as it's for a good cause.

    Other than this, there were no spends at all.

    A bag was sent to the charity shop, all stuff that has been listed for sale with no takers, so they went as I can't hang on to them forever.
    2020 Target - Pay Mortgage Down Mortgage Starting: 51,737.26 Currently: 51,737.26
    • joedenise
    • By joedenise 21st Jun 19, 8:07 PM
    • 7,319 Posts
    • 52,166 Thanks
    joedenise
    • #8
    • 21st Jun 19, 8:07 PM
    • #8
    • 21st Jun 19, 8:07 PM
    At least it was a Low Spend Day! Things like this can't be avoided when you have kids.

    Denise
    • Needhelpsaving
    • By Needhelpsaving 23rd Jun 19, 6:52 PM
    • 951 Posts
    • 3,606 Thanks
    Needhelpsaving
    • #9
    • 23rd Jun 19, 6:52 PM
    • #9
    • 23rd Jun 19, 6:52 PM
    Good Evening!

    I hope everyone is well and has enjoyed their weekend. This weekend has been low spend for us, I popped out yesterday and came home with cake

    I did have a little wiggle room in the money I had left for this week, so I am still under budget by 2.47 for this week, in spite of my cake purchases

    Today has been an NSD, cars washed and cleaned at home by DH and DD1, all food has been taken from what we had in and I made my first crumble today

    Two more items have been listed for sale online, and I cashed out a 5 Amazon voucher from a survey site.

    Tomorrow I need to go and collect some school uniform I have ordered for DD1 to try (for next year), but I will walk to the store to combine my aims to reduce petrol spends and increase exercise
    2020 Target - Pay Mortgage Down Mortgage Starting: 51,737.26 Currently: 51,737.26
    • Needhelpsaving
    • By Needhelpsaving 25th Jun 19, 9:20 AM
    • 951 Posts
    • 3,606 Thanks
    Needhelpsaving
    Good Morning (albeit a bit of a wet morning here)

    Yesterday was an NSD I walked to the shops to collect the uniform ordered for DD1, only two items fit, so I think I'll just take her to the store next time to stop this faffing around. I thought I had got the sizes right by ordering the size above what she's in now (and growing out of), but they were all massive on her

    Current accounts checked and rounded down this morning - 5.35 sent to mortgage as an OP. July OP is now at 23.75/79.36

    Spends are planned for tomorrow, DD2 needs her first pair of shoes, I had delayed them by skipping the pre-walker types you can get, but as she started walking at the weekend, they are now needed. I'll go to the local Clarks Factory Outlet to see what they have.

    DD1 also has a haircut booked for tomorrow (again, delayed, but it definitely needs doing now).

    Sold another item online last night, it will be collected today. The money will go to DD2's piggy bank as it is her old walker that she had as a Christmas gift that's been outgrown. I'll just be glad to regain the space as it's a fairly big item

    Also requested a 5 PP cashout from SB yesterday, so that will be going to the mortgage OP's when it arrives.
    Last edited by Needhelpsaving; 25-06-2019 at 9:25 AM.
    2020 Target - Pay Mortgage Down Mortgage Starting: 51,737.26 Currently: 51,737.26
    • Needhelpsaving
    • By Needhelpsaving 26th Jun 19, 7:42 PM
    • 951 Posts
    • 3,606 Thanks
    Needhelpsaving
    Hola!

    Just dropping in with an update to keep me on track. Spends made today;

    - 9 on DD1 haircut (1 under budget).

    - 0 spent on DD2 shoes (I was advised to come back in 3 weeks once shes walking more confidently).

    - 44.32 spent on food shop (I moved it forward from Friday to get spends consolidated on one day).

    - 5.68 change added to window cleaner pot so I have money to pay him at end of month.

    Things to do this week;
    1. Call British Gas and see if I can renegotiate boiler cover cost.
    2. Return school uniform ordered for DD1 which isn't suitable.
    3. Continue with surveys etc to work towards my OP goal
    2020 Target - Pay Mortgage Down Mortgage Starting: 51,737.26 Currently: 51,737.26
    • Needhelpsaving
    • By Needhelpsaving 27th Jun 19, 12:04 PM
    • 951 Posts
    • 3,606 Thanks
    Needhelpsaving
    Hi

    So, today is off to a good start ... I mean the weather has made it a corker!


    1. School uniform for DD1 returned to store for a refund.

    2. Bought a new sun hat for DD1 as her current one is looking a bit grubby. That one has been sent to school for use until the end of term and then she has a nice one to wear with her clothes at home - 5 spent.

    3. 3.94 spent on wrapping and parcel goods to send my nieces birthday presents to them. There is no one visiting before their birthdays, so they will need to be posted.

    4. Two more items listed for sale on a local selling site, 3 more identified, but these will be done later as DD2 has just woken up from her nap.

    5. Had 12.10 sitting in a survey site account, so have requested that payment. Should take around 10 days and then will be sent on to mortgage as an OP.

    6. Receipts from this week have been logged on my spreadsheet and also uploaded to receipt hog.

    7. Dropped of some clothes recycling while I was out.

    Right, I need to get lunch made, have a great day whatever you're up to!
    Last edited by Needhelpsaving; 27-06-2019 at 2:15 PM.
    2020 Target - Pay Mortgage Down Mortgage Starting: 51,737.26 Currently: 51,737.26
    • Needhelpsaving
    • By Needhelpsaving 29th Jun 19, 9:57 AM
    • 951 Posts
    • 3,606 Thanks
    Needhelpsaving
    Good Morning,

    Another glorious day here, which is welcome. Yesterday was a bit of an off day for me, I woke up in a foul mood and ended up binge eating a share size packet of crisps and an individual trifle - no idea why I was in such a bad mood, I just was.

    The day then got worse with a situation thrown my way by an extended family member, but I felt I handled it fairly well ... considering my mood it could have been disastrous. They then persisted in calling me last night, but I just didn't answer as I needed to get some space and perspective on the situation.

    On a positive note, it was an NSD, with family time spent at home last night, paddling pool out and ice lollies all round - it was good for the soul

    Today is going to be a better day. I've already found 97p in change while doing some cleaning, so I will round this up to 1 and OP it to mortgage, then I have sold an item online for 10, the chap is due to collect and pay this afternoon. Again, once this is done, I will send the 10 to the mortgage as an OP.

    ... Just going to have a cheeky brew
    2020 Target - Pay Mortgage Down Mortgage Starting: 51,737.26 Currently: 51,737.26
    • Needhelpsaving
    • By Needhelpsaving 29th Jun 19, 5:10 PM
    • 951 Posts
    • 3,606 Thanks
    Needhelpsaving
    Item sold online has been collected and paid for

    11 from sale and change around house has been OP'd to the mortgage. This brings my current OP target to 34.75/79.36

    I have found more things to sell by applying the idea that if we were moving now, what would I not want to take with us. If we don't use/value it, then we should be looking to remove it now and use the money from selling it to move us towards paying down the mortgage so that we would be able to move to a new home in the future

    Time and perspective has been given to the family situation, and I think I have found a way to view it in a more positive light and reduce the impact.
    Last edited by Needhelpsaving; 29-06-2019 at 5:15 PM.
    2020 Target - Pay Mortgage Down Mortgage Starting: 51,737.26 Currently: 51,737.26
    • kaycastle
    • By kaycastle 30th Jun 19, 8:37 AM
    • 129 Posts
    • 300 Thanks
    kaycastle
    Well done on your progress so far and your selling of things

    I love clear outs - they are so therapeutic!
    Oct 2017: 228,041.09
    June 2019: 209,941.93
    • Makethedayscount
    • By Makethedayscount 30th Jun 19, 9:54 AM
    • 187 Posts
    • 904 Thanks
    Makethedayscount
    Following you with interest. Well done on your progress so far. Happy clear out!

    • Needhelpsaving
    • By Needhelpsaving 30th Jun 19, 11:20 AM
    • 951 Posts
    • 3,606 Thanks
    Needhelpsaving
    Thanks for dropping in Kaycastle and Makethedayscount, it’s always good to hear from fellow MSEr’s! Do you have diaries?

    Today we’re heading to a local sports club for their summer fete, so that should be a nice change of scenery for us all. Other than this, we’re having a simple day together and moving at our own pace x

    Have a lovely day, whatever you’re up to x
    2020 Target - Pay Mortgage Down Mortgage Starting: 51,737.26 Currently: 51,737.26
    • Needhelpsaving
    • By Needhelpsaving 30th Jun 19, 8:33 PM
    • 951 Posts
    • 3,606 Thanks
    Needhelpsaving
    As planned we went to the local summer fete, all money raised was going to charity and it was very good value.

    We spent 14 for all four of us, this included face painting, bouncy castle, disco, drinks, snacks (had lunch before we went). OH covered this from the entertainment money he had set aside.

    No other spends today, all meals eaten at home. Early night as the heat meant that we didn't sleep well last night x
    2020 Target - Pay Mortgage Down Mortgage Starting: 51,737.26 Currently: 51,737.26
    • Needhelpsaving
    • By Needhelpsaving 1st Jul 19, 7:36 PM
    • 951 Posts
    • 3,606 Thanks
    Needhelpsaving
    NSD today!

    It's been a productive day, cleared out the food cupboard and have made some cake, using up bits and bobs that were being shoved into the back of the stores.

    We have enough food to last us until Friday, so I will go shopping then. The only exception being that I may need to get some butter to tide us over.

    I also lurked on a couple of diaries today while DD2 was napping, to keep up my motivation

    Today was the day the mortgage account updated and we dropped to 55,090.47. So, I have decided to start afresh with my target for July and aim to clear this 90.47 by 31/07/19.

    I have 12.10 still pending from Panelbase, which is likely to hit my account next week, but the rest will need to be earned/saved.

    I wombled a penny on the way back from taking DD2 to the park ... it all counts but I will need to get creative in respect of the rest of it.

    60 annual saving on boiler cover renewal price, which we are happy with.

    Jobs for this week;

    1. List remaining items for sale and review current items to see if listings could be updated to attract a sale.

    2. Keep to 2 days of spends only - DD1 school summer fete and haircut for me/food shopping.

    3. Book physio appointment (covered by OH work health insurance) due to back problems that have surfaced. I want to nip this in the bud.

    4. Book dental appointments for me and DD1, register DD2 with dentist.

    5. Complete surveys and get back into typing work (otherwise they'll cancel my account!).

    Right, I'm off to read some more diaries for inspiration, have a good one wherever you are x
    Last edited by Needhelpsaving; 03-07-2019 at 6:08 AM.
    2020 Target - Pay Mortgage Down Mortgage Starting: 51,737.26 Currently: 51,737.26
    • Needhelpsaving
    • By Needhelpsaving 3rd Jul 19, 6:21 AM
    • 951 Posts
    • 3,606 Thanks
    Needhelpsaving
    Good morning!

    Another early start for me, DD2 is waking at 5am every morning at the minute, so I thought I'd post before everyone else gets up.

    Yesterday was a quiet day for us, and an NSD

    The Food shop has been moved forward to today, as I had a couple of grumbles last night about the lack of selection. I explained that we were running the cupboards down, which OH agreed with, but thought perhaps it was on the verge of going too far - I've compromised.

    Planned spends for today - 40 for food shop (meal planned) and 5 for DD1 school fair. The only stipulation I have is that she avoids the second hand teddy bear tombola (We have enough toys!).

    Although very little was done yesterday in the way of making extra income, I did manage to get accepted for a free trial of mayonnaise We eat it anyway, so we'll get a free bottle in exchange for feedback and a small reward - it all counts!
    2020 Target - Pay Mortgage Down Mortgage Starting: 51,737.26 Currently: 51,737.26
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