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    • ElmoR
    • By ElmoR 31st Dec 18, 9:58 AM
    • 95Posts
    • 328Thanks
    ElmoR
    Staying on track to be MF and ready to support my daughter at 18
    • #1
    • 31st Dec 18, 9:58 AM
    Staying on track to be MF and ready to support my daughter at 18 31st Dec 18 at 9:58 AM
    I've been an occasional lurker here, taking inspiration from everyone's successes against their struggles to pay off debts and mortgages. My circumstances changed for the worst financially in 2014 and it needed a complete overhaul. I decided a long time ago though that I wanted to be MF by the time my daughter became 18 so that I could help her financially in whatever route she decided to take after school. For me, loans etc have always been the 'never never' and I would not have gone to university if it involved loans or fees, luckily I snuck through before the grant system was dismantled. I don't want my daughter to feel weighed down by those debts should she decide to go to uni. I want to be able to help her.


    My mortgage was 110k originally in 2010, I was able to pay a big chunk off after divorce bringing it down considerably but, at the same time, the dual incomes towards the household bills obviously dropped dramatically too. I still made overpayments every month by living carefully, but not as frugally, as I could have maybe. Now I have 9 years left on my mortgage of 40k.



    So now it's the last stage. My daughter is 18 in 3 years time and I've used the mortgage overpayment calculator to work out how much to pay each month to be MF in that time...it'll be tight but will be worth it, I know
Page 6
    • ElmoR
    • By ElmoR 10th Aug 19, 9:16 AM
    • 95 Posts
    • 328 Thanks
    ElmoR
    Mixed sort of week with some and some as well as some . The turmoil at work will last a long while, so best to get used to that and mitigate against it as far as possible.



    Otherwise, things are tootling along. A couple of NSDs, always batch cooked lunches, flask of coffee. A legal action task has completed finally, so once that final bill arrives, it will be the end of that expense. The MSE energy alert prompted me to change our tariff which should lead to a saving of 200-300 in the next year
    Losing pounds (but not the cash variety)...Also had my Club10 and 1.5 stone award certificates from slimming universe recently . BMI dropped down into the 'overweight' range, . I'll keep going with the batch cooking approach and am expanding into 'healthy'/low cal desserts now. Made a peach/apricot icecream (using quark/low fat yoghurt, artificial sweetener, low sugar jam and a truck load of peach halves) that tastes pretty good but not damaging on the weight loss front. Scanbran ginger cake on the menu this week...All losses help with the back injury recovery.


    Oh, and I started some sums for the FIRE dream. FIRE isn't going to be possible but I might be able to aim for a FIRM, financial independence and retire "moderately" early . The years I worked abroad put a big dent in the National Insurance contributions, so will probably have to keep going til 61 at least to make up the full quota. Question is whether I want to stay in the workplace/sector I am in for all that time (Plan A) or 'drop out' early (Plan B) and make ends meet before that?! Ten more years of the current work environment fills me with dread so now I'll start thinking about possible Plan Bs.



    So, next week is a combo of the past week, with a day of leave on Monday (shopping with my daughter ) , intense work week thereafter with A Level results coming out) and survive as best I can, spending as little at work as possible, til the weekend!!


    ElmoR
    2018 40,000 and 2027 M end date
    Aiming to reduce to, using OPs: 2019 30k, 2020 20k, 2021 10K, 2022 MF
    • A Frayed Knot
    • By A Frayed Knot 10th Aug 19, 1:10 PM
    • 2,912 Posts
    • 12,929 Thanks
    A Frayed Knot
    In total envy mode with your weight loss, one and a half stone

    I thought, I tried but I have not conquered My excuse is
    there are too many people leaving, which means a lovely lunch
    or tea, with home baking, which I cannot resist

    I love hearing about how long it takes, to lose ?? lbs/stones,
    can you say, it may give me just the incentive (more
    like the kick up the bahookie) I need.
    Always have 00.00 at the end of your mortgage and one day it will all be 0's
    Mortgage Free 21.12.18
    MF March 2030Re/M Oct 23 Target -Dec 19
    O/P's 2014/4000, 2015/6294.69, 2016/3186.80, 2017 4068.97

    • ElmoR
    • By ElmoR 11th Aug 19, 8:01 AM
    • 95 Posts
    • 328 Thanks
    ElmoR
    Thanks for dropping in AFK.


    The weight loss started in earnest on the last week of April when I forced myself to go along and sign up. About two weeks later I had the back injury and the combination of hospital food and pain meant that I didn't eat much for a week or two, dropping a whopping 6 pounds all at once. So that was slightly cheating (in that no will power was needed) at the start.



    The rest has been a long, hard slog of keeping to the plan. I forget how many takeaway meals I have watched my husband and daughter eat while I have a fakeaway that I know is completely substandard! Some weeks two pounds disappear, or one pound, or half a pound, or no loss. It's very frustrating on those weeks where nothing seems to budge but if you stick at it, then the following week or two later it does drop again. I've have actual butterflies going to weigh in, getting quite emotional. You feel like you have worked so hard and following the plan, yet it doesn't always pay off that week on the scales. People talk about looking at the long term picture, and they are right really, since gradually the trend is downwards.



    Stress seems to interfere with the losses too. Presumably that is down to stress hormones swirling round your body and telling it to store fat rather than allow the body to burn it. So when I feel my stress levels rising, I've tried to counter it with a pleasant walk, distractions with word games that make me feel tired before bed, anything to take my mind off the nonsense. Sometimes it works and other nights I'm up most of the night tossing and turning.


    The consultant person is also supposed to help you if you falter of loss isn't happening. I've seen them monitor people's food and exercise diaries and offer advice on changes.



    This is the second time I've been to a club, the first being in Glasgow about 30 years ago that was also very effective in the long term. It seems that if I commit to it 100%, then it works. Anything less, and doomed to failure.
    ElmoR x
    2018 40,000 and 2027 M end date
    Aiming to reduce to, using OPs: 2019 30k, 2020 20k, 2021 10K, 2022 MF
    • ElmoR
    • By ElmoR 20th Aug 19, 7:40 AM
    • 95 Posts
    • 328 Thanks
    ElmoR
    Reporting in a bit late this week. It was a long week at work with an extra saturday shift on top.


    Managed to stick with several NSDs despite no access to a microwave for 3 of the days (cold egg fried rice, yummmmm ).
    The clothes shopping day means no more O/Ps for this month but that's ok because it isn't often my daughter wants to go on such trips. We enjoyed our day out too.
    Not much else to say really, just limping towards the end of the month and hoping there's enough in the current account to cover everything so I can leave the savings pot alone...


    ElmoR
    2018 40,000 and 2027 M end date
    Aiming to reduce to, using OPs: 2019 30k, 2020 20k, 2021 10K, 2022 MF
    • A Frayed Knot
    • By A Frayed Knot 20th Aug 19, 9:58 PM
    • 2,912 Posts
    • 12,929 Thanks
    A Frayed Knot
    Thanks ElmoR, great weight loss in the few months you have been trying.

    I feel slightly better and my clothes are not so tight on, so I must be losing something,
    if not weight then sanity

    I have only ever been to one club and did manage to lose around about 1 1/2 stones but took over
    a year, got down to 9st 2lbs, and could I lose the last 2lbs - NO Got to the silly stages, so ended
    up throwing the scales away. Now I must need to lose about 4 stones or more


    Strangely enough that was also in Glasgow about 28-30 years ago.
    Always have 00.00 at the end of your mortgage and one day it will all be 0's
    Mortgage Free 21.12.18
    MF March 2030Re/M Oct 23 Target -Dec 19
    O/P's 2014/4000, 2015/6294.69, 2016/3186.80, 2017 4068.97

    • savingholmes
    • By savingholmes 21st Aug 19, 9:33 PM
    • 9,696 Posts
    • 19,039 Thanks
    savingholmes
    I forgot about the book. Back in April, May I wrote loads but then it seemed to run dry. I get plagued with thoughts like... this is rubbish, who would want to read this... type stuff. My pattern seems to involve a little flurry of writing followed by months of nothing. I know that proper writers dedicate a set time each day to write and get it done that way. My motivation is clearly lacking.
    Originally posted by ElmoR
    Is that not all writers? I am the same - either all in or all out - I struggle to just daily maintain a certain number of words
    Target DFD Mar 21 Nov 20 38840 @ 13/7/19 28,381 @0%
    Target MFD July 2031 April 28 owe 145551 @13/7/19 145,303 @1.7%
    • ElmoR
    • By ElmoR 31st Aug 19, 9:04 AM
    • 95 Posts
    • 328 Thanks
    ElmoR
    I'm slacking on the updates. This month has been a long slog with some pricey moments though and I'm glad it is finally payday.
    Had a couple of days at work where I treated myself to a latte but all lunches were brought from home. The monthly standing order for the mortgage o/p went out but I only managed about 200 additional money this past month, not as good as some previous months but better than a poke in the eye. Our gas/leccy bill was down by 50 for the same period last year and the provider sent it back to me, so that was part of the o/p
    I have a one day working week to look forward to after this weekend, using up my annual leave before the end of the current cycle. May even try to make progress on the writing front...



    Have a good weekend all!
    2018 40,000 and 2027 M end date
    Aiming to reduce to, using OPs: 2019 30k, 2020 20k, 2021 10K, 2022 MF
    • ElmoR
    • By ElmoR 6th Sep 19, 7:36 AM
    • 95 Posts
    • 328 Thanks
    ElmoR
    Still in the luxury 4 days off work and enjoying the relaxing.



    Daughter started her year 11 this week and sent home a screen shot of the exams dates. By the end of June next year she will be through the GCSE quagmire. We are planning a big holiday for after that, to reward her and have some fun. Been saving up for it slowly, for a couple of years, so it shouldn't be too hard financially at that time or detract from O/Ps. All our holidays have been less than a week and UK based the past 4 years, so saved that way too.



    Had some good fortune this week in that the car service and MOT came to a sum total of 40. Now, I had already paid for the service as part of a 3 year package when I bought the car last year, so technically should add some of that to the cost too, but it is still a massive reduction in what I was paying with my old car. Old being the issue there. I was lucky if it cost under 500 and it conked out at least three times in that last year I had it. Why didn't I trade in sooner??


    Sheepishly, I also found some money in an account that I had forgotten about too. It's a four digit sum too. How could I forget about that much money?! In my defense, 2014 to 2016 was mostly a wreckage of a time period for me so I guess I lost the plot a bit during that. I had a letter telling me that the interest rate was changing and I thought 'ehhh?'. I was certain I had closed the account. A phone call later and I 'found' the money was still there, where I left it many years ago. It makes me wonder what else I lost the plot on during those years? I'll do a trawl through my paperwork of bank statements etc and double check I haven't forgotten about any other accounts ...


    The new freezer has arrived for the garage, so it's going to be a big batch cooking day and weekend. Stocking up on my favourite lunches for the next few months of work...probably buy some veg and fruit and freeze those down too, just in case shops run low.



    Oh, and I did a bit more writing this week. I'm over 30,000 words/ 80 pages and wondering how long it needs to be for a decent length book?! It's a biog/semi expose of life in my job area type thing. I alternate between cringing and ranting while I have been writing it. Probably should show it to a legal person first perhaps before sending it to publishers?



    Have a good weekend all...


    ElmoR x
    2018 40,000 and 2027 M end date
    Aiming to reduce to, using OPs: 2019 30k, 2020 20k, 2021 10K, 2022 MF
    • ElmoR
    • By ElmoR 15th Sep 19, 8:57 AM
    • 95 Posts
    • 328 Thanks
    ElmoR
    Good weekend all.
    Have been enjoying working part time by using my annual leave up this month. There will still be 5 or 6 days that I will lose by the end of the month, so next cycle or leave I am going to book my Leave at the start of October for the entire coming year, to make sure I take all of it.
    The hospital specialist appointment finally arrived (6 weeks waiting isn't that bad?) and there is a clear plan for what happens next with my back injury, so that sets my mind at peace at least. The nerve damage may be permanent though . The silver lining is that by rights I should be in excruciating pain, but I'm not, so I'll take that diagnosis and keep hoping that it beats the odds and does slowly improve again.


    Moneywise, the temporarily lost money has been back to work. Luckily it had been collecting 1% interest until the letter was sent informing me of a rate reduction. So not a complete screw up on my part. It's partly gone into a JISA for my daughter now and the interest rate in there is rather good. Locks it away until she is 18 though.



    Only been at work for a few days and I do confess to a couple of milky coffees, so not complete NSDs last week.



    Like many workplaces just now, a voluntary severance scheme has just opened and we are told that significant saving must be made to the staff pay bill, equating to two posts, so there is now the spectre of redundancies in a few months...not sure how to prepare for this sort of events and turmoil?! I am going to hold off on booking the big summer holiday that we were planning next summer. Best calculate what our 6 month emergency pot should look like and make sure we have that available too.



    ElmoR x
    2018 40,000 and 2027 M end date
    Aiming to reduce to, using OPs: 2019 30k, 2020 20k, 2021 10K, 2022 MF
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