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  • FIRST POST
    • CathT
    • By CathT 2nd Sep 10, 11:22 AM
    • 5,707Posts
    • 39,864Thanks
    CathT
    CT's attempt at being mortgage free
    • #1
    • 2nd Sep 10, 11:22 AM
    CT's attempt at being mortgage free 2nd Sep 10 at 11:22 AM
    Hi all,

    Originally came across this forum and had the idea of OP in the short term while interest rates so low but have been so inspired to make being MF a realistic goal.
    Initially was inspired by Financial Bliss's diary and then read many others taking in lots of tips and posting the occasional comment.

    So, a bit about me. Live with DH and DD (aged 2) with outstanding mortgage of just over 119,000 with about 19.5 years left on the term. We are young ish! and would hope to be MF by time i'm 40 (DH 45) so pretty much a 10 year ish plan.

    We have a fair income (about 40k joint) but have been used to living on a lot less so am hoping to direct disposable income at mortgage)

    Thanks for reading so far and I hope you will join me on my journey to keep me motivated!!
    Last edited by CathT; 20-12-2011 at 1:49 PM.
    Sept 2018 -
    part 1 - £75,557
    part 2 - £44,913
    Total - £120,470
Page 232
    • CathT
    • By CathT 4th Jul 18, 5:17 PM
    • 5,707 Posts
    • 39,864 Thanks
    CathT
    Haha. He asked for a shopping list earlier. I sent it with wine at the top saying it was for Saturday evening to watch the match.

    There is wine in the fridge now. It is possible that he has misunderstood what I meant by evening!
    Sept 2018 -
    part 1 - £75,557
    part 2 - £44,913
    Total - £120,470
    • CathT
    • By CathT 7th Jul 18, 7:41 AM
    • 5,707 Posts
    • 39,864 Thanks
    CathT
    Still working on dh, he has already drunk the wine!!

    I am off to a spa day today so need to get ready in a minute as we are aiming to be there for 9am. Planning to hit the gym in the morning then completely relax afterwards. Have packed a a couple of books but I think there will be a lot of catching up as not seen these girlfriends for ages and a lot has been happening. Am intrigued to see the snow room there though and have an hour massage booked too.

    Supermarket spends are fairly low £46.09 so far for the month. I cant be bothered analysing this further for true food spends as we buy our cleaning products and other non food items from the supermarket. If we come in at £250 for all I will be pleased though.

    Right, I had best get moving!
    Sept 2018 -
    part 1 - £75,557
    part 2 - £44,913
    Total - £120,470
    • newgirly
    • By newgirly 7th Jul 18, 8:04 AM
    • 6,439 Posts
    • 44,807 Thanks
    newgirly
    Have a lovely day at the spa cath
    MFW 21
    Target for 2018 £40k/£13,632 paid so far

    Mortgage £36,193 3yrs 9 mths left. Total owed £47,059 plan to clear in 12 months
    • julicorn
    • By julicorn 7th Jul 18, 8:06 AM
    • 276 Posts
    • 1,137 Thanks
    julicorn
    Hi CathT, that spa day sounds like it's going to be amazing! Hope you have a fantastic time

    In terms of groceries, we're on super similar amounts right now! Aiming to keep it below £250 for the whole month, and have currently spent £48. On track at the moment, we'll see how that holds up
    • Moneyfordreams
    • By Moneyfordreams 7th Jul 18, 8:47 AM
    • 1,090 Posts
    • 5,419 Thanks
    Moneyfordreams
    yes, your spa time sounds lovely x
    Mortgage restart June 2018 £119950
    zero personal cc
    6x166 for sofas ending November 2018
    £2500 on DD1s car cc
    • greent
    • By greent 8th Jul 18, 11:20 AM
    • 7,335 Posts
    • 74,382 Thanks
    greent
    Hope you had a lovely catch up and chill yesterday! x
    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) £6100/£7500
    Net sales 2018 £655.15/£1000 PAYDOX18 (#15) Done £18918.90
    • CathT
    • By CathT 10th Jul 18, 6:59 AM
    • 5,707 Posts
    • 39,864 Thanks
    CathT
    Food spends up to £64. We really have had such an expensive month and the cb landing today has barely made a dent! Think I may have to transfer some money back out of savings.

    Found £10 whilst sorting through receipts at the weekend (it has been in that pile for months!) but owed it to dh as I asked him for money at dd football competition. I bought Ice lollies for all the team and siblings as it was so hot. A huge amount of profit was made on them by the hosting team!

    Have been trying to decide whether to decorate the lounge ourselves and we have decided to do it. Well, I will on my week off in a couple of weeks. Just need to get company to measure up for blinds and can get rid of the curtains we have had up for the last 13 years! Am going to have a picture wall of a mixture of frames family photos, inspirational quotes and pictures made by craft pages. I am hopeful my basic eye for design will be good enough.

    Dh got offered a new job this week but turned it down as they couldnt best his salary and although the hours were generally better, we would have spent a fortune on after school childcare and lost our weekends together. I have suggested to him he starts work slightly later but he likes having a real before picking the children up from school. You cant have it all though. Staying up for the matches midweek will result in very little sleep for him though!

    Blue skies have disappeared here this morning. I miss the sunshine already!
    Sept 2018 -
    part 1 - £75,557
    part 2 - £44,913
    Total - £120,470
    • CathT
    • By CathT 12th Jul 18, 6:58 AM
    • 5,707 Posts
    • 39,864 Thanks
    CathT
    Supermarket spends £82.52
    Fuel spends £70.

    I was in a bit of a panic yesterday as only had 25 miles left and I never drive in the red. Fuel near work is so expensive though which is why I didnt full up earlier.

    Cloudy here this morning, I even need the lights on and we have had a few spots of rain overnight. The ground is so dry though and we desperately need it so I shant complain.

    Think I have overdone the savings and socialising this month. We are in our overdraft and payday 11 days away! Will have to siphon some funds back from savings.

    Really should be getting some steps in before work but despite an earlier night than if late I am absolutely shattered. Still hitting at least 10k steps and also did weights last night. Sticking to compound movements for better results but theyre harder work!!
    Sept 2018 -
    part 1 - £75,557
    part 2 - £44,913
    Total - £120,470
    • CathT
    • By CathT 17th Jul 18, 7:07 AM
    • 5,707 Posts
    • 39,864 Thanks
    CathT
    Hello everyone. Have had a few days away to focus on things happening at home. Had a family bereavement but value the support we give each other here so am back posting again. All I can say is, please check in on those suffering with their mental health.

    Enjoyed a lovely morning with the children at the weekend as trying to continue to keep that memory bank well and truly filled up for them. Neither of them wanted to go on the walk I planned but they both admitted halfway up the hill that it was actually quite fun. They assume they are right when actually mum often knows best!!

    Food spends remain low and we are currently at £100.13. I can!!!8217;t understand how a £500 monthly budget with such low food spends and fuel spends of around £200 runs out before the end of the month.....every month! On paper, the surplus is for holidays!
    Sept 2018 -
    part 1 - £75,557
    part 2 - £44,913
    Total - £120,470
    • Moneyfordreams
    • By Moneyfordreams 17th Jul 18, 12:54 PM
    • 1,090 Posts
    • 5,419 Thanks
    Moneyfordreams
    sending best wishes Cath x
    Mortgage restart June 2018 £119950
    zero personal cc
    6x166 for sofas ending November 2018
    £2500 on DD1s car cc
    • apple muncher
    • By apple muncher 17th Jul 18, 1:54 PM
    • 7,678 Posts
    • 57,959 Thanks
    apple muncher
    Sending you lots of hugs x
    NST September Sunshine #4; NSD 8/21; Ex 8/21 ; craft 7 (121); remove 32 (621)
    2018 Pay off: £3437; 2
    018 sell £49.10; WLOSW 1/10

    Mortgage £19,614 (01/14: £78,201; 01/15: £59,629; 01/16: 39,915; 01/17: 27,295; 01/18 23,143) MFWDate Dec 2018
    • greent
    • By greent 17th Jul 18, 2:31 PM
    • 7,335 Posts
    • 74,382 Thanks
    greent
    Sorry to hear of your loss, Cath xx
    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) £6100/£7500
    Net sales 2018 £655.15/£1000 PAYDOX18 (#15) Done £18918.90
    • Pooky
    • By Pooky 17th Jul 18, 8:56 PM
    • 6,903 Posts
    • 43,975 Thanks
    Pooky
    So sorry to read about your loss, must have been devastating for all involved. X
    "Start every day off with a smile and get it over with" - W. C. Field.
    • PurpleFairy26
    • By PurpleFairy26 18th Jul 18, 8:13 AM
    • 2,322 Posts
    • 15,705 Thanks
    PurpleFairy26
    Thinking of you Cath x
    • CathT
    • By CathT 18th Jul 18, 1:59 PM
    • 5,707 Posts
    • 39,864 Thanks
    CathT
    Thank you for your messages.
    Have spent most of the last two days sorting the house which is now done. My mum really wanted it sorted as quickly as possible. Funeral will be next week and that!!!8217;s when I think it will hit be as there is so much to do before then.

    Trying to keep things as normal as can be for my children especially as ds has taken it harder than dd. He is very self aware of his feeling and emotions whereas dd just seems to accept things.

    £56 spent on piano lessons (not bad for the two of them). Ds is really enjoying it so far.

    Supermarket spends now at £114.75 and also spent £75 at a well known diy store as we are going to decorate our lounge. I may well regret not spending the £300 on the decorator to do it! However, ds has offered to help!!

    Am hearing of lots of sad events currently so do hold those loved ones tighter, let go of those petty disagreements and live mindfully in the moment.
    Sept 2018 -
    part 1 - £75,557
    part 2 - £44,913
    Total - £120,470
    • CathT
    • By CathT 21st Jul 18, 1:01 PM
    • 5,707 Posts
    • 39,864 Thanks
    CathT
    Current July food spends £157.73

    Decided not to go to an event last night, didn!!!8217;t feel up to it so sold tickets and as it turns out it wasn!!!8217;t actually that good. I also think we would have haemorrhaged money there on entertaining the children.

    Have returned some decorating items so £16 back on credit card and may be able to return more when work is done.

    Made various payments off cc today that accrued due to stoozing attempts. Will make the money shuffle otherwise known as payday even quicker.

    Off out with dd in a bit to a local theatre to watch a production. Am meeting friends so should have a lovely afternoon.

    Also booked taxi for airport for September holiday. Still need to input passport details online so will tackle that later.

    Cloudy today so am attempting to line dry two loads of washing. Not holding out much hope as there are some threatening clouds. Dh is finishing off the decorating so I am hoping a cheeky afternoon nap as I am emotionally drained and a relaxing evening awaits me.
    Sept 2018 -
    part 1 - £75,557
    part 2 - £44,913
    Total - £120,470
    • CathT
    • By CathT 22nd Jul 18, 1:07 PM
    • 5,707 Posts
    • 39,864 Thanks
    CathT
    Had another early night last night. So so tired at the moment.

    Dh and I finished the decorating between us this morning and he is just taking the children to a party. I!!!8217;ve been out for a walk and done almost 10k steps already (it is 1pm) so I am going to do a weights workout once this coffee has kicked in.

    Sold a tin of paint for £8 so that with £2 I had off dh has gone in the birthday card for said party.

    150 points on y0ugov in recent days and another survey waiting. Fingers crossed it is a high paying one. Payday for both of us this week and in theory we should be able to
    Overpay £300 and save another £300 but realised one of 0% cards ends in October and I really do not want to have to transfer it again. If we decide to use money to pay that I will put it in savings and continue to pay the minimum. It is so tempting to throw everything at the mortgage but then remember I have to consider what makes our life easier right now, not 10 years down the line.
    Sept 2018 -
    part 1 - £75,557
    part 2 - £44,913
    Total - £120,470
    • CathT
    • By CathT 23rd Jul 18, 9:38 AM
    • 5,707 Posts
    • 39,864 Thanks
    CathT
    Payday and money shuffle complete. Have made a mortgage OP of £311.43 (which is made up of normal £300 payment, £11 from reduced energy direct debit and a 43p tilly tidy). It knocked a month off so that mortgage now has an end date of December 2028 with basic payments (I will be 46 and dh 52).
    Have paid £50 off cc and sent another £250 to savings to build up in there so can accrue some interest.


    25p on y0ugov yesterday. Had a wonderful evening out, zero spends as ticket already paid for and we took our own food. Just one more event next weekend then the bulk of socialising is out of the way! Taking the children for a picnic and a paddle in the river today. I also need to ring my mobile provider to see if I can gift dh some of my data as I get loads and he keeps incurring extra charges as only gets a ting amount. Am sure I get 10g so have plenty to spare.


    Although it's payweek we plan to run the freezers down, we don't do 'big shops' anymore anyway. I am also aware a protein powder I want to buy is now in Mr M supermarket but I'm going to wait until Hally offer me a 10% cashback deal with them before I rush off to buy some.



    Right, hopefully that 2nd coffee has kicked in as I have more decorating to do!
    Sept 2018 -
    part 1 - £75,557
    part 2 - £44,913
    Total - £120,470
    • CathT
    • By CathT 23rd Jul 18, 9:53 AM
    • 5,707 Posts
    • 39,864 Thanks
    CathT
    £182.54 supermarket spends so far. Cant edit post on phone and I will forget otherwise.
    Yes, I should be decorating!
    Sept 2018 -
    part 1 - £75,557
    part 2 - £44,913
    Total - £120,470
    • CathT
    • By CathT 24th Jul 18, 12:37 PM
    • 5,707 Posts
    • 39,864 Thanks
    CathT
    Have been a busy bee this morning. Second coat of paint and edging done in bedroom. Have moved a unit into there from the landing which means I!!!8217;ve been able to sort some items and display them tidily.

    Basket and clothes put away and everywhere is fairly clean and tidy. Waiting for dh to finish work then will pop out to choose new blinds and then I will visit my mum. I am hoping dh is going to do piano lessons.

    98p Tilly tidy this morning too.
    Sept 2018 -
    part 1 - £75,557
    part 2 - £44,913
    Total - £120,470
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