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  • FIRST POST
    • newgirly
    • By newgirly 15th Apr 10, 11:02 PM
    • 6,326Posts
    • 43,774Thanks
    newgirly
    Pay off mortgage and start having fun!
    • #1
    • 15th Apr 10, 11:02 PM
    Pay off mortgage and start having fun! 15th Apr 10 at 11:02 PM
    I have been reading other peoples posts for a while,trying to get myself in the right frame of mind to start overpaying on the mortage.DH and I have a house worth about £220,000 with a mortgage of £159,000 although we only paid £120,000 for it (£93,000 mortgage) to start. So as you can see we have been not so great in the past! Last year we also owed about £20,000 on credit cards which is now down to £10,000. I really want to get rid of the mortgage before our youngest turn 18, the twins are nearly 10 now. So any words of encouragement would be great, I need keeping on the straight and narrow.

    Xmas paid for by saving £1 a day minimum in a sealed tin, plus homemade/sale stuff.
    Birthdays now in monthly budget, plus extra vouchers earned

    I am taking part in the earn £2012 in 2012 challenge on the up your income board, so whatever earned from that will be split between op's and holidays fingers crossed.

    Budget from may 2012 onwards:

    income.................2092.00
    child benefit..........188.60
    child tax cr..............0 no longer!
    total....................£2280.60

    mobiles x 2...........32.00
    tv licence..............12.37
    elec/gas................140.00
    water....................60.00
    council tax............125.83
    home insurance.......11.83
    pension..................21.90
    life ins....................15.17
    sky ........................21.00
    car tax....................15.83
    car ins.....................22.00
    car maintenance.........8.33
    petrol.......................60.00

    school dinners............48.00 (1 dinner/1 bacon sarnie each pw)
    pocket money.............20.00
    clothes.......................30.00
    birthdays....................50.00

    grocery.......................250.00
    (food/pets/cleaning)
    DH's money.................100.00
    0%cc ................................32.35
    mortgage interest.........425.00
    mortage overpayment....778.39


    money in: £2280.60
    money out:£2280.60







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    Last edited by newgirly; 16-03-2012 at 12:47 PM.
Page 361
    • newgirly
    • By newgirly 3rd Apr 18, 7:18 AM
    • 6,326 Posts
    • 43,774 Thanks
    newgirly
    credit card statement still showing as going to be created on the 1st april but hasn't been, if it adds some of yesterday's spends I'm going to have a problem.

    On an even worse note, I just weighed myself and now have a total of 23lb left to lose out of a planned 43. I've snuck on a good half a stone since last December, terrible after doing so well

    Taking ds1 to work today, although I will now be late as I assumed it was him in the shower, but he was tucked up in bed asleep
    MFW 21
    Target for 2018 £40k/£13,632 paid so far

    Mortgage £36,319 4yrs left. Total owed £48,358 plan to clear in 14 months
    • newgirly
    • By newgirly 4th Apr 18, 6:59 AM
    • 6,326 Posts
    • 43,774 Thanks
    newgirly
    Credit card still not updated! It's now skipped aprils statement altogether and the next one showing is may! Nationwide have told me this is all due to bank holiday - it can't be as it's quite frequent. Petrol and food spends are now due a month earlier so I need to find another £142

    On a more positive note, I did 100 lengths after work to try and burn off the eater egg Also we are off to york Friday week for two nights with the boys and my parents, driving though despite the new railcards as he prices have gone up , boo! Need to now find even more money as I do want to eat out a bit, it's the first break with them for a very long time and probably will be the last for a long time knowing them
    MFW 21
    Target for 2018 £40k/£13,632 paid so far

    Mortgage £36,319 4yrs left. Total owed £48,358 plan to clear in 14 months
    • JAMIEDODGER
    • By JAMIEDODGER 4th Apr 18, 7:23 AM
    • 4,271 Posts
    • 18,692 Thanks
    JAMIEDODGER
    I am sure you'll come up with a plan NG Enjoy your weekend with the boys x
    #82 12k in 2018 - £3473.45/£12000 - 28.95%
    Retirement Fund £10850.02/£250000 - 4.34%
    House Fund £2679.13/£50000 - 5.36%
    Travel Fund £199.49/£2500 - 7.98%
    • themadvix
    • By themadvix 4th Apr 18, 11:06 AM
    • 1,717 Posts
    • 10,036 Thanks
    themadvix
    Wrote a longer reply but lost it.... Santa are equally as useless re the bank hol (and even weekends with them). Well done on swimming!
    OPs 2018 = £2090
    Moving savings = £636.46
    OPs 2017 = £3103
    Starting balance 2012: £132000; balance Jun 2018: £92,000
    MFW2018 no. 38
    • newgirly
    • By newgirly 4th Apr 18, 12:32 PM
    • 6,326 Posts
    • 43,774 Thanks
    newgirly
    Thanks vix and JD!

    I'm almost tempted to start using a debit card instead but 1) it will add another month on our term as I work in arrears and 2) it's easy to keep track of spending when it's listed seperatly with online banking.
    MFW 21
    Target for 2018 £40k/£13,632 paid so far

    Mortgage £36,319 4yrs left. Total owed £48,358 plan to clear in 14 months
    • newgirly
    • By newgirly 5th Apr 18, 6:18 PM
    • 6,326 Posts
    • 43,774 Thanks
    newgirly
    Yet more plans!




    Lots of re jigging today and I'm going to post what I spend for a bit - it's going to be tough and probably a bit embarrassing as I won't stick to budget this month

    April:

    £700 available

    Spent :

    £3.99 Amazon (music sub that for some reason goes on cc !)

    £9.40 cinema - took ds2 to see ready player one today at the 4dx screen so paid a premium on top of pass.

    £47.06 bomb cosmetics bath gift set order - 3 x birthday gifts plus two free gifts to add to them

    £48.20 - already a bit embarrassing when trying to cut back, but Dd was home early last night so we had an unplanned meal the the local Indian and a fair bit of wine, includes tip, worth it for mum and daughter rare catch up

    £170 passports - not sorted but coming off budget now

    Left :

    £421.35



    Mortgage term plans

    April: £72.97 interest £2,056 plus £25,000 loan to mortgage plus £447 loan

    May: £72.97 interest £2,545 op £447 loan

    June: £72.97 interest £2,545 op £447 loan

    July: £72.97 interest £1,557 op (remainder kids birthdays) £447 loan

    August: £72.97 interest £2,545 op £447 loan

    Sept: £72.97 interest £2,545 op £447 loan

    Oct :£447+ £2,618.67 loan

    Nov: £447+ £733 loan (rest Xmas and Xmas break away)

    Dec: £447+ £2,618.67

    Jan: £447+ £2,618.67

    Feb: £447+ £2,618.67

    Mar: £447+ £2,618.67

    April: £447+ £2,618.67

    May: £447+ £2,618.67


    Hopefully posting this will encourage me to refrain from splurges that are too big
    MFW 21
    Target for 2018 £40k/£13,632 paid so far

    Mortgage £36,319 4yrs left. Total owed £48,358 plan to clear in 14 months
    • newgirly
    • By newgirly 6th Apr 18, 7:02 AM
    • 6,326 Posts
    • 43,774 Thanks
    newgirly
    Friday to do list-

    Take back summer shorts for boys they won't wear (already added refund to the accounts sadly!)

    Check out walk in hairdressers in shopping centre, it has to be cheaper for highlights

    Strip and wash beds

    Do all washing

    Clean whole house

    Chase up loan again - they have paperwork now

    Make healthy veggie ready meals to freeze

    Find or buy birthday cards and paper
    MFW 21
    Target for 2018 £40k/£13,632 paid so far

    Mortgage £36,319 4yrs left. Total owed £48,358 plan to clear in 14 months
    • newgirly
    • By newgirly 7th Apr 18, 8:47 AM
    • 6,326 Posts
    • 43,774 Thanks
    newgirly
    Yesterday's list changed somewhat

    Cheap hairdressers were not cheap at all , so I booked in for a last minute appointment at the usual place £61 plus tip for a half head - not including cut or blow dry. That has come out of the remaining birthday money though not from the super tight budget.

    Yesterday's other spends from the budget were :

    £6 eyebrow threading

    £19.30 Sainsbury's top up shop

    So £396.05 left


    Also popped in to see best friend who like me is piling the weight on again. We have decided to join WW (again!) when she gets back from a weeks all inclusive next week. We will join a different class as the
    lady we used to go to was not brilliant and we stopped staying for meetings.

    It's an added expense I don't need , but I really want to get to target for the kids birthdays in July and I don't seem to be as motivated. The gym membership will continue though, hopefully that will boost things as well as the WW food shopping will be cheaper though as it's all basic ingredients , plain yoghurt and salad etc. Perfect cheap Aldi shopping, no more fancy meals for me
    MFW 21
    Target for 2018 £40k/£13,632 paid so far

    Mortgage £36,319 4yrs left. Total owed £48,358 plan to clear in 14 months
    • Moneyfordreams
    • By Moneyfordreams 7th Apr 18, 12:49 PM
    • 990 Posts
    • 4,831 Thanks
    Moneyfordreams
    Got to love a Newgirly plan Keep them coming
    Mortgage restart June 2018 £119950
    zero personal cc
    6x166 for sofas ending November 2018
    £2500 on DD1s car cc
    • gallygirl
    • By gallygirl 7th Apr 18, 3:09 PM
    • 16,606 Posts
    • 109,660 Thanks
    gallygirl
    Got to love a Newgirly plan Keep them coming
    Originally posted by Moneyfordreams
    Don't worry, there will be another one along in a minute .
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    Mortgage Balance = £0
    "Do what others won't early in life so you can do what others can't later in life"
    • newgirly
    • By newgirly 8th Apr 18, 8:25 AM
    • 6,326 Posts
    • 43,774 Thanks
    newgirly
    Don't worry, there will be another one along in a minute .
    Originally posted by gallygirl

    that did make me laugh out loud , very true

    Went to a friend's party last night, at her house. Not a posh dinner party but a good old fashioned drink loads in kitchen type one - it was a good night but I am sure I had about 50 glasses of prosecco but seem to feel fine today, maybe the vast amounts of food i ate soaked it up dh also got quite tipsy, however as he left his phone behind (with the uber app!) we had a very long late walk home, which sobered us up.


    So I had my perfect day planned today (another plan there )

    Cook a beef pot roast

    Watch Netflix - finish stranger things

    Go on iPad all day long

    Go to bed early to watch agatha Christie with a cup of tea

    It was to be the perfect lazy day....

    However we have had NO INTERNET since Saturday the boys had a poker night round a friend's last night and they are staying over and Dd is york, so the full effect of this deverstaion has not yet taken hold.

    We are not like normal people with normal providers , oh no, dh pays an expensive rubbish company through the business a premium to only answer any problems mon-fri , 9-5. Last time we had a problem it took a week!

    Is it reasonable to use the data from my phone all day just to waste hours online? To make matters worse all the housework and ironing is up to date, I could have wallowed all day, even tv in bed is off the menu as he mini box needs internet.

    I really didn't plan anything more energetic than that, and didn't want to go out in the fresh air either, if this carries on I may have to do something "productive"
    MFW 21
    Target for 2018 £40k/£13,632 paid so far

    Mortgage £36,319 4yrs left. Total owed £48,358 plan to clear in 14 months
    • CathT
    • By CathT 8th Apr 18, 8:29 AM
    • 5,587 Posts
    • 39,017 Thanks
    CathT
    On phone and was behind so cant quote but I did giggle at the

    Would be easier if I only had one plan a year

    and being released from ww prison comments!
    June 2018 -
    part 1 - £77,571
    part 2 - £45,272
    Total - £122,843
    • newgirly
    • By newgirly 8th Apr 18, 12:06 PM
    • 6,326 Posts
    • 43,774 Thanks
    newgirly
    Hi cath, soon to be back in WW prison now
    MFW 21
    Target for 2018 £40k/£13,632 paid so far

    Mortgage £36,319 4yrs left. Total owed £48,358 plan to clear in 14 months
    • michelle09
    • By michelle09 8th Apr 18, 6:44 PM
    • 786 Posts
    • 4,367 Thanks
    michelle09
    Oh no, will you at least get a refund for the days you haven't had internet? Or be able to push DH onto a more accessible provider after this?
    • themadvix
    • By themadvix 9th Apr 18, 9:39 AM
    • 1,717 Posts
    • 10,036 Thanks
    themadvix
    Hope you get the Internet sorted asap! What a pain! And how dare the Internet gods ruin your plans for a lazy and unproductive day!
    OPs 2018 = £2090
    Moving savings = £636.46
    OPs 2017 = £3103
    Starting balance 2012: £132000; balance Jun 2018: £92,000
    MFW2018 no. 38
    • newgirly
    • By newgirly 9th Apr 18, 8:14 PM
    • 6,326 Posts
    • 43,774 Thanks
    newgirly
    Hi Michelle and vix, internet is back on, apparently the wireless wasn't on!

    More spending today again:

    Food £17.77

    Food delivery for weds £28.90 (after using £13 vouchers)

    Petrol top up £26.98


    Total spending so far £377.76 incl passports

    Left £322.40


    Went to work today, don't usually work Mondays but thought I'd get a head start this week and with no internet or money I thought I may as well

    Might rattle the change jar this week and see if it's worth chucking in the machine, it's mostly coppers so not worth changing at the bank as I have to pay to park and also as I can't be bothered. I might try and put some in the self serve machine at Tesco but last time I got told off incase I overloaded it
    MFW 21
    Target for 2018 £40k/£13,632 paid so far

    Mortgage £36,319 4yrs left. Total owed £48,358 plan to clear in 14 months
    • greent
    • By greent 9th Apr 18, 10:07 PM
    • 7,081 Posts
    • 72,146 Thanks
    greent
    I always use the SS till at Tesc0 to feed all my shrapnel change into - I'm not going to pay c0instar to do it for me! I just take my time and feed it in quite slowly
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) 01/09 £124616 01/10 £104927 01/11 £89873 01/12 £76317 01/13 £52546 01/14 £35356 01/15 £12133 07/15 £NIL
    BTL Mtge 12/16 £69786. 2018 OPs (#18) £1068.37/£4000
    Net sales 2018 £522.39/£1000 PAYDOX18 (#15) £18564.38/£18918.90
    • newgirly
    • By newgirly 9th Apr 18, 10:25 PM
    • 6,326 Posts
    • 43,774 Thanks
    newgirly
    I think I may have drawn attention to myself last time as I had loads, the coinstar was out of action - I must have looked bonkers paying for a bottle of champagne with a carrier bag of coppers
    MFW 21
    Target for 2018 £40k/£13,632 paid so far

    Mortgage £36,319 4yrs left. Total owed £48,358 plan to clear in 14 months
    • themadvix
    • By themadvix 11th Apr 18, 9:48 AM
    • 1,717 Posts
    • 10,036 Thanks
    themadvix
    It's certainly an interesting juxtaposition - champagne and coppers!
    OPs 2018 = £2090
    Moving savings = £636.46
    OPs 2017 = £3103
    Starting balance 2012: £132000; balance Jun 2018: £92,000
    MFW2018 no. 38
    • newgirly
    • By newgirly 11th Apr 18, 10:36 AM
    • 6,326 Posts
    • 43,774 Thanks
    newgirly
    Woohoo day off need to update spending figures as after checking the accounts I've missed something

    It's the mid month blues when not much is going on financially, the loan has still not come through. Today I have the pleasure of paying for two more festival tickets for the boys' birthdays - its in lieu of a fancy London night out with family that they don't really want to do. We are now having a family afternoon tea (for those that are older or don't like to be out late) rolling on to the evening when it turns into a probably quite boozy BBQ / karaoke (me, my aunt and Dd ).

    Apart from a stupendous cake it will be pretty cheap, and thanks to my perfect planning to have all three's big birthdays together it will be cost effective

    So £280 ish being borrowed from the current account to book tickets, to be paid back from the birthdays pot in July.

    Things to tackle today:

    Pack for york

    Update spending

    Make dinner from what needs using up before we go away

    Mountain of washing
    MFW 21
    Target for 2018 £40k/£13,632 paid so far

    Mortgage £36,319 4yrs left. Total owed £48,358 plan to clear in 14 months
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