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  • FIRST POST
    • littlefred169
    • By littlefred169 8th Oct 12, 11:03 PM
    • 213Posts
    • 1,870Thanks
    littlefred169
    Littlefred's bid for mortgage freedom!
    • #1
    • 8th Oct 12, 11:03 PM
    Littlefred's bid for mortgage freedom! 8th Oct 12 at 11:03 PM
    A seriously long time lurker here who has finally decided to give this diary malarkey a go!

    I'm 27 and its me and my 2 cats in the house and I see this staying this was for the foreseeable future! I bought my house in July 2009 with the mortgage of £103000 finishing in July 2034 and a loan from the bank of mum and dad as when I said I wanted to buy a flat my mum's words were 'you're not buting a flat, I'll lend you the money to but a house'. Ok so house bought and I usually have a lodger (not atm) to pay back my mum and dad. Mum has said to put any extra money I have to the mortgage although I'm not sure my dad agrees!

    So far I have been a part of the MFiT3-T2 and as of September my mortgage stands at £87315 with and my MF date currently September 2028 but I'd love to be MF when I'm 40 so that is April 2025 so that is one of my aims atm. I'm definitely a long hauler!

    I'm also currently studying for a part time masters to allow me to get a promotion (not a given by a long shot) and work are kindly paying for three quarters of it, so I need to find the rest otherwise they will take it out of my wage packet and I'll be living on bread and water for a few months. I'm also having to pay for my travelling expenses but the lovely bank of mum and dad are adding this to my loan I already have with them. They are sooo good to me . So to get my quarter of my 2 years I need to have £1400. Last year this would have been a lot easier as I had a pay cut of £8000-10000 per year in April from going to a shift system from on call yet I still do all the unsociable hours and as more people are leaving I seem to be doing more. Even I object to working 10 out of 12 weekends which is what I'm doing at the moment!

    Ah well onwards and downwards as they say.

    Littlefred
    Original MF Date = July 2034
    Current MF Date = January 2029
    Target = April 2025
Page 10
  • Froggy-G
    Thanks Squirel

    The mirror of my wing mirror fell off last night somewhere along the motorway! Oh well of to the garage tomorrow.
    Originally posted by littlefred169
    Hi

    Have you tried a local scrapyard? It would be mucjh cheaper than a local garage..

    Froggy
    Froggy's New Lillypad Fund
    Total so far: £ 10,009.77
    • littlefred169
    • By littlefred169 22nd Aug 13, 9:04 PM
    • 213 Posts
    • 1,870 Thanks
    littlefred169
    Thanks Froggy I'll have a look
    Original MF Date = July 2034
    Current MF Date = January 2029
    Target = April 2025
    • HelenDaveKids
    • By HelenDaveKids 22nd Aug 13, 10:17 PM
    • 3,156 Posts
    • 21,118 Thanks
    HelenDaveKids
    We have done that in the past and saved heaps.
    Morgage till Nov 30 GOAL MFW Sept 2016
    Aug 11 - £100k Aug 2016.... It's GONE!!!!!
    2014 GOAL HIT 5 Stone! 2016 GOAL to be a MF marathon runner.
    "A goal without a plan is just a wish"
    • gallygirl
    • By gallygirl 22nd Aug 13, 10:21 PM
    • 16,674 Posts
    • 110,010 Thanks
    gallygirl
    If not, try ebay, DD got a part for her lease car rather than pay £100 excess (sssshhhhhhh ).
    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"
    • littlefred169
    • By littlefred169 23rd Aug 13, 11:25 PM
    • 213 Posts
    • 1,870 Thanks
    littlefred169
    Well I ended up in the garage as the bit behind the mirror had melted which is a bit beyond me!! £45 including labour. I also had to get 2 new tyres so that was even more and I get fairly decent ones due to the motorway miles I do so I get the money back in fuel. Well eventually!
    Original MF Date = July 2034
    Current MF Date = January 2029
    Target = April 2025
    • littlefred169
    • By littlefred169 16th Sep 13, 4:04 PM
    • 213 Posts
    • 1,870 Thanks
    littlefred169
    Bleugh I still seem to be sturggling with money and food I'll try and do something about it
    Original MF Date = July 2034
    Current MF Date = January 2029
    Target = April 2025
    • littlefred169
    • By littlefred169 17th Aug 14, 2:12 PM
    • 213 Posts
    • 1,870 Thanks
    littlefred169
    Err I've been away from this longer than I thought!

    I'm currently changing mortgage to reduce my interest rate by 1.7% and I'm fixed for 5 years and I'm still chipping away slowly but I seems to have lost my mojo in pretty much everything

    I'm currently really busy with cadets and I'm starting to wonder if I should cut down to 1 night a week but I know my current co won't let me do that which would mean moving to another unit but there is such a great bunch of cadets I don't want to leave. Or I could take a couple of months leave and try again but I don't know if it'll be any quieter than now as there always seems to be something going on. Bah! I can't make a decision
    Original MF Date = July 2034
    Current MF Date = January 2029
    Target = April 2025
    • littlefred169
    • By littlefred169 21st Aug 14, 7:39 PM
    • 213 Posts
    • 1,870 Thanks
    littlefred169
    A tiring couple of days at work which isn't helped by getting back late! I'm currently sat at my cadet covering another section's night as most of the staff are on our unit boating week. I am however managing to catch up on diaries and other odds and sods. On a money note I have £20 to last until pay day (Wednesday) and I've away at the football with my dad this weekend. This could get interesting!
    Original MF Date = July 2034
    Current MF Date = January 2029
    Target = April 2025
    • littlefred169
    • By littlefred169 1st Sep 14, 9:23 PM
    • 213 Posts
    • 1,870 Thanks
    littlefred169
    I found out today that we're going to have a big inspection at work and it will be between now and the end of March with 1 weeks notice

    On the positive I've managed to get my phone and bradband for 7.70 per month

    I've also had my new mortgage offer through and I spent Friday morning sorting out paper work so I'll be glad when it's all sorted.
    Saturday was a bit more fun going to the football although getting a third of the way and my dad realising he didn't have the tickets made us cut it a bit fine. We were there just 10 minutes before kick off!

    Hope everyone is OK

    LF
    Original MF Date = July 2034
    Current MF Date = January 2029
    Target = April 2025
    • littlefred169
    • By littlefred169 3rd Sep 14, 3:35 PM
    • 213 Posts
    • 1,870 Thanks
    littlefred169
    Should be finding out if I can go to 1 night a week at cadets later. Wish me luck....
    Original MF Date = July 2034
    Current MF Date = January 2029
    Target = April 2025
    • littlefred169
    • By littlefred169 4th Jun 17, 3:31 AM
    • 213 Posts
    • 1,870 Thanks
    littlefred169
    Well what a few years!!

    Work - As previously said I finished my masters but now I'm having to do a top up course as apparently according some lovely paper my masters doesn't have enough of the specialism I work in I've only worked in the speciality in a regional specialist centre for 4 years but that doesn't count! Oh well at least work is paying for it.

    I've been given a local 6-month secondment to consider in the town 30 miles away and it would be a promotion with the potential to become permanent. I'm thinking about it but it would mean managing a department I've never worked in as they've merged 3 departments (I currently work in 1 but and worked in a second for 7 years) Still undecided although it is by the seaside!

    Cadets - Some big changes!! I did go down to 1 night a week but ended up not enjoying myself so I took 5 months off in late 2015/early16 to see whether I wanted to do cadets anymore or wanted to try another unit. Well I still wanted to do it so I'm now at a more local unit (only 10 miles away rather than 30 like the last one!) and back doing 2 nights a week. We have a really good adult team and the majority of the cadets are a joy to teach and now we're back to the part of the year I enjoy the most. Cue the dodgy sun tans (hopefully)

    Holidays - I went to Malta for weeks diving a few years ago but diving is soooo expensive. For my 30th and my sisterís 50th mum decreed she was going to take us both on holiday and asked where Iíd like to go. Answer Ė somewhere hot where I can dive. She only took use to the b!!dy Maldives!! It was amazing and something I would never have been able to afford. Manta rays swimming above me, 30 or so nurse sharks on a night dive and numerous other sharks/fish. Oh and of course the beaches!

    My brother and I went to where our maternal great grandparents are from in Brittany and we were supposed to be staying in the hotel that our great great grandparents built but the cancelled our booking 2 days before we went! We still went to have a look but we will go back to actually look around the place. We may to some research on when the family may be buried before we go back so we don't have to spend forever walking through cemeteries.

    Although not a Ďfullí holiday Iíve not long got back from Stockholm where my dad and I went to watch our football team play and thankfully they won! 3 days, some mad football fans and my dad falling over (6í4íí and 20 something stone) didnít make it feel very relaxing.

    Money Ė Seeing as this is MSE!! My mortgage is reducing very nicely and although my official mortgage free date is the same my mortgage allows for overpayments that can be clawed back and this it at £5754.68 since October 2014 so I will probably permanently but this off the mortgage when the fixed rate ends.

    My mum and dad sold their bungalow in Cornwall and gave me and my brother and sister £5K each! However it did come with instructionsÖ Iím not allowed to put it to the mortgage!! I was supposed to spend some on my boiler but that has since been OK and I was told to go on a Ďproperí holiday so Iím off to Australia in February 2017 for a month!! I will be visiting my cousin who I havenít seen for donkeys years and I will get to meet his wife and daughter. I may get discounts on flights over there as another cousin works for Emirates. Iíve done my visa and other than wanting to do the tourist things in Sydney, visit Uluru and dive on the Great Barrier Reef Iím still planning what to do so Iím open to suggestions if you lovely people have any. So all my extra money is currently going into the Oz fund!

    MSE Ė I have become reaaaaaalllly lax recently to the extent I was buying my lunch at M&S every day and having takeaways 2-3 times a week!! I hate to think how much money I have wasted!! I went back to my own lunches last week and have been cutting down on the takeaways. It seems Iíve had another mini lightbulb moment! I have been still getting better deals in my utilities etc. most recently saving £65 on my car insurance renewal so I didnít completely fall of the wagon. I also am saving on the gas bill as it appears my bath is leaking as I found a puddle underneath it on the ground floor! So cue going to the gym for a shower until my friend has time to come and have a look. This may be a couple of weeks as heís really busy at the moment but I donít mind as itís so much cheaper for me and itís making me go for more swims as I have to go to the gym anyway. So the hot water is not turned on at the moment, very MSE. Silver lining and all that.

    Iíve been catching up with some of the diaries I used to read and this is definitely re inspiring me to get the mortgage paid off and retire early as I really donít want to be working until Iím 68 or god knows what age by the time I get there!

    Tilly tidied 10p, every little helps!!

    LF x
    Last edited by littlefred169; 04-06-2017 at 3:55 AM.
    Original MF Date = July 2034
    Current MF Date = January 2029
    Target = April 2025
    • Secret Saving Squirrel
    • By Secret Saving Squirrel 5th Jun 17, 1:37 PM
    • 1,982 Posts
    • 36,779 Thanks
    Secret Saving Squirrel
    Very good luck with getting back on the wagon. What do you aim to do with the financial freedom when everything is paid off?
    Paid off mortgage nine years early in 2013. Now picking and choosing our work to fit in with the rest of our lives!
    Still thrifty though, after all these years
    • littlefred169
    • By littlefred169 5th Jun 17, 10:42 PM
    • 213 Posts
    • 1,870 Thanks
    littlefred169
    Hi Squirrell other than saving to retire early I haven't really thought about the bit in the middle

    I've done a few tilly tidies and I was supposed to be going on the water tonight but not in that weather
    Original MF Date = July 2034
    Current MF Date = January 2029
    Target = April 2025
    • littlefred169
    • By littlefred169 6th Jun 17, 8:00 PM
    • 213 Posts
    • 1,870 Thanks
    littlefred169
    What is going on with the weather?! I'm actually considering putting the heating back on last night. Mind you that was probably thanks to the 50 minute wait for the bus and the walk home afterwards.

    Anyway 8p tilly tidied.
    Original MF Date = July 2034
    Current MF Date = January 2029
    Target = April 2025
    • littlefred169
    • By littlefred169 8th Jun 17, 9:29 PM
    • 213 Posts
    • 1,870 Thanks
    littlefred169
    Interest from the current account OP £22.66
    Original MF Date = July 2034
    Current MF Date = January 2029
    Target = April 2025
    • littlefred169
    • By littlefred169 13th Oct 18, 11:58 PM
    • 213 Posts
    • 1,870 Thanks
    littlefred169
    Right I've really not been keeping up with MSE properly for a looooong time but a few things have changed as hopefully I'm on the right path now.

    I've changed my job as the old one was just getting too stressful so this means a slight reduction in income however it means I am getting about 2 hours back a day by not having to commute into the city as this new job is about a 15 minute drive away and it has free parking which is great! I'm much happier and I'm having to use my brain again.

    Whilst I was on my amazing holiday earlier in the year thanks to my lovely parents who gave me the money to do it following the sale of their holiday home with instructions I was not allowed to put it to the mortgage or the house (they know me too well!) I made the decision to leave my volunteering that I've been involved with for the past 21 years to effectively get a life! It just became too much an all encompassing and with the stress levels of my job I just didn't want to do it anymore.

    So after some major changes I have spent the last few months recharging which may seem excessive but until recently I haven't really felt like doing too much. I've always kept the majority of my MSE ways but at one point takeaways were near enough every night in the week and this also means that my weight has ballooned and this was even more noticeable on my holiday as I need the seatbelt extension on the plane I was mortified!! So on that note as well as logging my MSE achievements I will be planning and writing down some lifestyle and exercise goals/achievements and generally trying to be content.

    I also realised that I need to put money to other things other then just the mortgage as it is a marathon and not a sprint so my money is also going to the emergency fund as it is nowhere near where I'd like it to be; to my wish list fund for the house and the most recent purchase from this was having my bedroom ceiling plastered to get rid of the artex as I cannot stand the stuff!! Whilst not strictly necessary it does make me feel better and adds value to the house. And finally to my holiday fund. Having had my epic holiday this year it's made me want to save towards another one in the next few years whilst having smaller breaks along the way.

    So on that note

    52p TT and £5 from a lottery scratch card that my mum gave me have gone to the mortgage.
    Remaining £5 from the scratch card to the emergency fund.

    Achievements today:

    Got a congratulatory cards for a friend who is expecting, written and posted - she like to receive cards

    washed the car

    small stock shop at tesco of things I can't get at Aldi to use up an expiring voucher

    filled up the car for my trip tomorrow

    bought cheap paint from B&M to water down as the first coat for my bare plaster

    applied said first coat

    wash a load of washing a line dried it with lots of extra pegs as it was a tad blowy but warm!

    picked up solid matt emulsion for main coats on the ceiling from a h*mebase over 15 miles away as the other diy store doesn't stock it anymore and there isn't a h*mbase in my city anymore! It felt rather odd driving out of the city to get to a chain

    went for a swim and have a free shower at the pool

    caught up on and finished some MSE diaries over the past few days which have really inspired me to start doing this properly again.

    I have not task planned for tomorrow as I'm off to the other side of the country to see a part of my family who are over from the States and I haven't seen most of the for 14 years and it will be the first time ever I believe that all the cousin will be in the same place. I best be off to sleep as I have a long drive ahead of me.

    Happy Saturday everyone!
    Original MF Date = July 2034
    Current MF Date = January 2029
    Target = April 2025
    • littlefred169
    • By littlefred169 14th Oct 18, 11:29 PM
    • 213 Posts
    • 1,870 Thanks
    littlefred169
    Well I'm back from t'other side of the country and I had a great day despite some soggy driving conditions! I saw all my American cousins and met 2 of their kids who weren't born the last time I was there and they are now 12 and the one who I have met was 1 at the time so he's a tad bigger now. I also got invites to stay with all of them as they live in different parts of the states so there are some cheaper holidays although probably when I'm MF. There were definitely memories added to the bank today.

    I managed to squeeze in a 10p TT around the driving and socialising.

    Night all
    Original MF Date = July 2034
    Current MF Date = January 2029
    Target = April 2025
    • littlefred169
    • By littlefred169 15th Oct 18, 10:26 PM
    • 213 Posts
    • 1,870 Thanks
    littlefred169
    I swapped at £20 sainsbobs voucher for cash with my mum so £5 to EF, £5 to wish list £5 to holibobs and £5 to the mortgage

    Today I have managed:

    a proper coat of paint on the bedroom ceiling

    food shopping with a couple of christmas gifts

    done 1 coat of the cutting in around the electrical sockets

    had a nana nap this afternoon

    resisted the urge to put the heating on!
    Original MF Date = July 2034
    Current MF Date = January 2029
    Target = April 2025
    • littlefred169
    • By littlefred169 17th Oct 18, 12:18 AM
    • 213 Posts
    • 1,870 Thanks
    littlefred169
    £1 TT today

    another coat of white on the ceiling

    went for a swim

    had to make a bit of time up at work today as I was late as the traffic was more mad than usual and I'm on call tonight so that will mean a rubbish nights sleep. He ho I'm off to try and sleep, night all
    Original MF Date = July 2034
    Current MF Date = January 2029
    Target = April 2025
    • pinkypig
    • By pinkypig 17th Oct 18, 10:09 PM
    • 1,517 Posts
    • 11,634 Thanks
    pinkypig
    Well done on resisting the heating! Mine's on . Trying to restrict it to an hour in the morning and two hours at night with the thermostat set at 18 but I really need to use the woodburner more.

    So nice to have you back
    MFW 2018 #157 Target £15,000

    £23,095.71/£15,000
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