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  • FIRST POST
    • shangaijimmy
    • By shangaijimmy 13th Mar 15, 12:18 PM
    • 3,247Posts
    • 16,805Thanks
    shangaijimmy
    New Diarist - Attacking the Banks!
    • #1
    • 13th Mar 15, 12:18 PM
    New Diarist - Attacking the Banks! 13th Mar 15 at 12:18 PM
    Hi all - Thanks for popping in and helping me to stay motivated.

    This is the 6th version of the opening post (Jan 2020 - 58 months into this diary/challenge), but is reflective of where we are currently at. Lots has changed since starting this MF journey, not least adding a 3rd child to our household!

    Initially this was to be a 120 payment challenge and as we made rapid progress through scrutinising every little element of our finances I became optimistic of sneaking under 100 payments. However after our 3rd remortgage since the start of the diary challenge (5yr fix at 1.99% in Feb 2019), I switched focus towards accelerating our pre-retirement and pension provisions and we're now aiming for 150 payments but with a significant uplift in our longer term financial well-being.

    Whilst this post details my current goals it seems a shame to ignore previous achievements, so I've summarised them below:

    Achievements - 58 payments
    • Balance - 76,704.80
    • Diary Reduction Total - 59,295.71
    • Cumulative Overpayments - 32,110.52

    Targets for 2020
    • Closing Balance - 68,500
    • Net Reduction - 8,000
    • Overpayments - 21.28 // 2,000
    • Savings - 24,000
    • Declutter at least 1 item everyday - 12 // 366
    Last edited by shangaijimmy; Yesterday at 7:08 AM. Reason: 2020 Plans
    MFW: Was: 136,000.......Now: 76,704.80......Reduction: 59,295.71... in 58 months!
    MFiT-T5 #8 - 37.28% of 23,000
    Save 12k in 2020 - 0 // 24,000 (0.00%) & 2020 - Banish the Clutter - 21 // 366 days (5.74%)
Page 174
    • shangaijimmy
    • By shangaijimmy 10th Jan 20, 10:37 AM
    • 3,247 Posts
    • 16,805 Thanks
    shangaijimmy
    AFK - Indeed I have!!

    Well I've been missing a bit this week. First week back in work after 3 weeks off and as usual I get hit with all kinds. I then missed a day for a funeral and have now been walloped with the lurgy again! So I'm sat in the office (thankfully only me in today) with little or no motivation - MSE forums to the rescue!

    Financials - Mrs SJ payday today which gives a much needed boost to the current account. I sent 50 to our EF as we seem to have leaked a bit out of it last year and I've been a bit slow to replenish. Nothing major and we've only used it for what its intended (new washing machine, new fridge and so on). This mornings TT was 69p.

    My declutter something everyday quest continues and this morning I added 2 chairs, that were well past their used by date, to the tip on my way to work (I drive past it so I have no excuse for not going) to yesterdays donation of an old kids bike to a friends little boy. My clothes, DS2's wardrobe, DDs wardrobe and the garage are the next major ones to tackle!
    MFW: Was: 136,000.......Now: 76,704.80......Reduction: 59,295.71... in 58 months!
    MFiT-T5 #8 - 37.28% of 23,000
    Save 12k in 2020 - 0 // 24,000 (0.00%) & 2020 - Banish the Clutter - 21 // 366 days (5.74%)
    • Karmacat
    • By Karmacat 10th Jan 20, 11:37 AM
    • 32,904 Posts
    • 194,635 Thanks
    Karmacat
    Poor you, with the lurgy again hope you don't need to rush around too much if you're in there on your own.
    Downsized and paid off mortgage 2010
    Retired August 2016
    Paid off French mortgage September 2018
    New kitchen fully installed June 2019
    • Maxwell_jems
    • By Maxwell_jems 10th Jan 20, 1:42 PM
    • 2 Posts
    • 1 Thanks
    Maxwell_jems
    Constrained myself to the rec center toward the beginning of today, making it each morning before work this week. This used to be my standard when I would go with my mate yet as I don't have a rec center pal, the onus is on me and in some cases my requirement for an additional couple of hours kip ends up as the winner. Anyway, this is a propensity I would like to proceed with for 2020. taff, I may require some of Mr Motivators inspiration to support me!
    • shangaijimmy
    • By shangaijimmy 10th Jan 20, 8:16 PM
    • 3,247 Posts
    • 16,805 Thanks
    shangaijimmy
    Karma - unfortunately lurgy is inevitable when you work with kids and then come home to 3 more I suppose.

    Well I found some work motivation in the end, and even nipped for a small 3 mile trot at lunchtime to get some fresh air in. I completed and logged my expenses so that will be a boost before DS1s birthday.

    In locating DS2s football kit for tonight and tomorrow I had a mini sort out of his drawers. There's half a charity bag of stuff there and i have 2 more drawers that I'll blitz tomorrow. New fridge is being delivered so I have a short window in between work and football to have the old one emptied and dragged outside ready for a tip run. Am determined to get a snooze whilst DS2 is at a party and the other 2 are with Mrs SJ at GPs.
    MFW: Was: 136,000.......Now: 76,704.80......Reduction: 59,295.71... in 58 months!
    MFiT-T5 #8 - 37.28% of 23,000
    Save 12k in 2020 - 0 // 24,000 (0.00%) & 2020 - Banish the Clutter - 21 // 366 days (5.74%)
    • Karmacat
    • By Karmacat 10th Jan 20, 10:11 PM
    • 32,904 Posts
    • 194,635 Thanks
    Karmacat
    Karma - unfortunately lurgy is inevitable when you work with kids and then come home to 3 more I suppose.
    Originally posted by shangaijimmy
    Absolutely. It kind of worries me in *one* way that I haven't had a cold for ages - my immune system hasn't had a good boost of antibodies for ages! But I'm not going to look a gift horse in the mouth, I'm not, I'm not
    Downsized and paid off mortgage 2010
    Retired August 2016
    Paid off French mortgage September 2018
    New kitchen fully installed June 2019
    • A Frayed Knot
    • By A Frayed Knot 10th Jan 20, 10:55 PM
    • 3,003 Posts
    • 13,296 Thanks
    A Frayed Knot
    AFK - Indeed I have!!

    Well I've been missing a bit this week. First week back in work after 3 weeks off and as usual I get hit with all kinds. I then missed a day for a funeral and have now been walloped with the lurgy again! So I'm sat in the office (thankfully only me in today) with little or no motivation - MSE forums to the rescue!

    Financials - Mrs SJ payday today which gives a much needed boost to the current account. I sent 50 to our EF as we seem to have leaked a bit out of it last year and I've been a bit slow to replenish. Nothing major and we've only used it for what its intended (new washing machine, new fridge and so on). This mornings TT was 69p.

    My declutter something everyday quest continues and this morning I added 2 chairs, that were well past their used by date, to the tip on my way to work (I drive past it so I have no excuse for not going) to yesterdays donation of an old kids bike to a friends little boy. My clothes, DS2's wardrobe, DDs wardrobe and the garage are the next major ones to tackle!
    Originally posted by shangaijimmy
    Ugggh, the lurgy bug - Well at least my bug is a good one

    You are doing well with the decluttering Oh, that's another bug.

    Hope you feel better soon.
    Last edited by A Frayed Knot; 10-01-2020 at 11:00 PM.
    Always have 00.00 at the end of your mortgage and one day it will all be 0's
    MF March 2030 Yes that does say 2030 Mortgage Free 21.12.18
    Now a Part Timer from 27.10.19
    Now selling everything that's not nailed down - I Will Declutter !!!


    • shangaijimmy
    • By shangaijimmy 11th Jan 20, 8:50 PM
    • 3,247 Posts
    • 16,805 Thanks
    shangaijimmy
    Well snooze never happened due to the fridge delivery time and me then needing to have all the clan for the afternoon!! Anyway the priority was to clear the other fridge out and get new one in place etc.... No mean feat when its a tall larder fridge and I have to lift on my own with my short t-rex arms!! Timings around DS2 football and the party he was going to didn't work out for the tip run, but its now all loaded up in the car ready for a run in the morning (including all the packaging from the new one). Mrs SJ is happy so all is good.

    To go alongside the 2 drawers I did last night that are cleared for charity we've also got a bag full of under wear that is too small for both DSs, and a bag full of carp from the one of the 2 hallway draws of terror. Decluttering continues!!

    99p TT as well. Early night for me as been up since 3am with my blocked nose, sore throat and cough!!! Oh pooch has fell out with me as I mistimed his walk and we got drenched...oops!
    MFW: Was: 136,000.......Now: 76,704.80......Reduction: 59,295.71... in 58 months!
    MFiT-T5 #8 - 37.28% of 23,000
    Save 12k in 2020 - 0 // 24,000 (0.00%) & 2020 - Banish the Clutter - 21 // 366 days (5.74%)
    • Busy Mee1
    • By Busy Mee1 12th Jan 20, 8:07 AM
    • 1,014 Posts
    • 5,262 Thanks
    Busy Mee1
    Loving the decluttering Jimmy. I find it really cathartic and sort of makes me feel calmer in a weird sort of way. I sorted out one of my wardrobes whilst listening to a long and boring teleconference this week ( multi tasking !) I just need a charity shop run, Mr Mee to do a tip run and the bin men to empty the recycling now.
    • debtfreeoneday
    • By debtfreeoneday 12th Jan 20, 2:15 PM
    • 3,096 Posts
    • 10,724 Thanks
    debtfreeoneday
    Sorry to hear about the lurgy SJ - hope all is well otherwise!
    DFW (08/08) 64,346.53 Gone for good (02/19)
    MFW (01/15) 75,299.64
    • shangaijimmy
    • By shangaijimmy 12th Jan 20, 7:11 PM
    • 3,247 Posts
    • 16,805 Thanks
    shangaijimmy
    Sunday evening soon comes round doesn't it? 1 TT this morning and then my weekly TT pot overpayment. I rounded up a few extra pence to make it 3, which the mortgage and current accounts tidy.

    This morning I undertook the tip run job to get rid of the fridge. That gave me extra motivation to get cracking on some more clutter attacks. I sorted the last 2 of DS2s drawers and then the bottom of his wardrobe, and then this morning moved onto DS1. Wardrobes are now tidy and organised and I have 2 full bags for charity and 2 bags for the bin. There's 2 shelves to look at next weekend which are full of games, some which have been inherited. I'd say 80% don't get used and I expect a charity run will be in order. I did find a fantastic jigsaw that I have no recollection of us having (must have been inherited) and DD has been doing it all afternoon.

    Busy - i totally understand the calm feeling, and I'm determined that we won't let it get out of hand again...!
    MFW: Was: 136,000.......Now: 76,704.80......Reduction: 59,295.71... in 58 months!
    MFiT-T5 #8 - 37.28% of 23,000
    Save 12k in 2020 - 0 // 24,000 (0.00%) & 2020 - Banish the Clutter - 21 // 366 days (5.74%)
    • Karmacat
    • By Karmacat 12th Jan 20, 9:46 PM
    • 32,904 Posts
    • 194,635 Thanks
    Karmacat
    Sorry your weekend has ended though you sound like you've kind of worked through most of it! Admirable levels of decluttering and totally agree with you and Busy Mee that its both cathartic and calming - just that sense of greater space, and order, its lovely.
    Downsized and paid off mortgage 2010
    Retired August 2016
    Paid off French mortgage September 2018
    New kitchen fully installed June 2019
    • shangaijimmy
    • By shangaijimmy 14th Jan 20, 9:12 PM
    • 3,247 Posts
    • 16,805 Thanks
    shangaijimmy
    Wet and wild start to the week and the wind made me wimp out of my run today! The rain I don't mind, but I hate running in the wind, so I made the excuse that my lurgy was too bad...! Very productive in work which is pleasing with a successful start of a new campaign that got a great reception.

    1.02 TT today, and 2 things for declutter; a pair of wellies that are now too small and a set of dumbbells that I have no recollection of accumulating! Grandparents brought 2 things into the house tonight though so I suppose we're break even... However on this occasion they will be put to good use!
    MFW: Was: 136,000.......Now: 76,704.80......Reduction: 59,295.71... in 58 months!
    MFiT-T5 #8 - 37.28% of 23,000
    Save 12k in 2020 - 0 // 24,000 (0.00%) & 2020 - Banish the Clutter - 21 // 366 days (5.74%)
    • Suffolk lass
    • By Suffolk lass 15th Jan 20, 8:34 AM
    • 3,571 Posts
    • 30,967 Thanks
    Suffolk lass
    Wind has been terrible here. Lots of trees on roads according the Highways report and the big road bridge has been closed two evenings running. Poor road commuters - that means pure misery getting home. I would have just argued it was safer that way, if challenged.
    Save 12k in 2019 - #68 9.396.36/7,000 134.23% total
    Save 12k in 2020 - #20
    OS Grocery Challenge 2020 target 0/3k 0% so far
    Mortgage Free Wannabes 2020 #37
    MFIT T5 No 2 42,188/59,998 or 70.32% paid after Q3
    My DFD is here
    • shangaijimmy
    • By shangaijimmy 18th Jan 20, 12:22 PM
    • 3,247 Posts
    • 16,805 Thanks
    shangaijimmy
    Busy few days with work and then DS2s deluge of after school clubs and activities. I dont think I've made it out on a dog walk before 8.45pm each night.

    TT's have continued but little else going on. All calm in the bank accounts which is a lovely feeling. I've had my thoughts drifting again to the overpayment v pension debate, but am resisting tinkering any further! My afternoon job is to attack my wardrobe with a ruthless streak. I reckon I could easily send 50% to charity of stuff I haven't worn for at least 18months!
    MFW: Was: 136,000.......Now: 76,704.80......Reduction: 59,295.71... in 58 months!
    MFiT-T5 #8 - 37.28% of 23,000
    Save 12k in 2020 - 0 // 24,000 (0.00%) & 2020 - Banish the Clutter - 21 // 366 days (5.74%)
    • South coast
    • By South coast 18th Jan 20, 3:06 PM
    • 56 Posts
    • 165 Thanks
    South coast
    Good luck with the wardrobe SJ. I don't have a huge amount of clothes but I reckon I'm at about 70% not in circulation. 15% is probably party dresses, so letting myself off on that one as can't exactly wear them all the time, and keep telling myself I'll wear the other stuff once the things I do wear have worn out - but I know that won't happen! And socks seem to last longer than they used to, have more of them than anything else....
    • shangaijimmy
    • By shangaijimmy 19th Jan 20, 9:42 AM
    • 3,247 Posts
    • 16,805 Thanks
    shangaijimmy
    I'm of a similar thought process about wearing things out, and then i get more t shirts/jumpers for Christmas or birthdays and the wardrobe gets fuller...well enough is enough! Actually enough wasnt enough as I never got round to it. I capitalised on a decent afternoon weather wise and spent a couple of hours tidying the garden and routing through the garden toys etc... 1 bag of rubbish in the bin, 1 bin bag to the tip alongside some brushes and a mop that were past their used by date.

    Now I intended to do the wardrobe today but...it seems we have a leaky kitchen tap so I'm about to tackle that having watched a few youtube video's, so wish me luck. I have work this afternoon and intending to be home for the Liv v Man Utd game where I will be in the prime spec on the couch, and suspect wardrobe may have to wait till next weekend.

    TT made this morning, then I rounded up the weekly pot by a further 82p an sent it to mortgage. A nice 6 eliminated from the balance. 2 birthday this week, including DD which means that payday on Friday can't come soon enough!
    MFW: Was: 136,000.......Now: 76,704.80......Reduction: 59,295.71... in 58 months!
    MFiT-T5 #8 - 37.28% of 23,000
    Save 12k in 2020 - 0 // 24,000 (0.00%) & 2020 - Banish the Clutter - 21 // 366 days (5.74%)
    • South coast
    • By South coast 19th Jan 20, 11:14 AM
    • 56 Posts
    • 165 Thanks
    South coast
    The wardrobe may not take as long as you think - don't forget hours spent in Narnia equate to just a few minutes back in the real world
    • shangaijimmy
    • By shangaijimmy 19th Jan 20, 11:46 AM
    • 3,247 Posts
    • 16,805 Thanks
    shangaijimmy
    Narnia is a very apt description!!

    Well phase one of the tap went quite comfortably. After a quick trip to B&Q I replaced a cartridge inside that was terribly corroded for the princely sum of 6.29, and the drip has gone! Then typically the tap handle doesn't turn properly, so when I inspected the inside of the tap had perished, grrr... So I need a return trip to B&Q but Mrs SJ has gone out and left me with a very poorly DS2. She'll be back for me to go to work but then I won't get chance for B&Q... So I think it'll have to be wrap him up and leave him in the car. Far from ideal but only option, but not until I've had a cup of tea!
    MFW: Was: 136,000.......Now: 76,704.80......Reduction: 59,295.71... in 58 months!
    MFiT-T5 #8 - 37.28% of 23,000
    Save 12k in 2020 - 0 // 24,000 (0.00%) & 2020 - Banish the Clutter - 21 // 366 days (5.74%)
    • shangaijimmy
    • By shangaijimmy 19th Jan 20, 1:30 PM
    • 3,247 Posts
    • 16,805 Thanks
    shangaijimmy
    2nd B&Q trip done. There and back in 22mins! In the end I replaced both taps and all working perfectly again, so feeling quite smug.

    In work for a few hours now. Not a great deal to do and intending to be home for kick off at 4.30pm. I've moved some charity bags to the bedroom so I may well do a couple of drawers later so that I feel like I've made progress!
    MFW: Was: 136,000.......Now: 76,704.80......Reduction: 59,295.71... in 58 months!
    MFiT-T5 #8 - 37.28% of 23,000
    Save 12k in 2020 - 0 // 24,000 (0.00%) & 2020 - Banish the Clutter - 21 // 366 days (5.74%)
    • Karmacat
    • By Karmacat 19th Jan 20, 8:34 PM
    • 32,904 Posts
    • 194,635 Thanks
    Karmacat
    Well done on all of it, Jimmy! The admin of living takes up time too, and how great that you used it to learn new skills



    Hope DS2 feels a bit better - and, erm, I hope that result satisfies you? My oldest nephew is a lifelong Liverpool fan, so at least I know one person thats pleased (sorry, if you're the other side. I always was).
    Downsized and paid off mortgage 2010
    Retired August 2016
    Paid off French mortgage September 2018
    New kitchen fully installed June 2019
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