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  • FIRST POST
    • chumpy45
    • By chumpy45 25th Sep 15, 3:02 PM
    • 402Posts
    • 1,772Thanks
    chumpy45
    Excited to try and be mortgage free
    • #1
    • 25th Sep 15, 3:02 PM
    Excited to try and be mortgage free 25th Sep 15 at 3:02 PM
    Hi all, have been really inspired reading all the posts on this mortgage free forum. Have got DH on board and we really want to try and clear the mortgage in two years. We currently have a property worth abouth £325,000 and an outstanding mortgage balance of £54,780.04 with 7yrs & 6 months left to go. Things are complicated at the moment as DH has been self-employed for the last 6 months which means we are struggling to remortgage. It seems we may have to wait another 6 months before we can reduce our current rate of 2.5% which is a shame and will impact on the overpayments. However, we are busily taking on board advice gained from many of the threads/posts on this forum. Really looking forward to getting stuck into money saving and overpaying and sharing our journey with all you inspirational people.
Page 18
    • chumpy45
    • By chumpy45 18th Feb 19, 6:48 PM
    • 402 Posts
    • 1,772 Thanks
    chumpy45
    Sent off confirmation for new car insurance and cancelled old one. TCB has tracked. £80 savings and money was already saved so win win. Sorted out energy company. We really need to try and reduce this as it is a lot of money each month. I am hoping that after a couple of months they will reduce the monthly DD as after May we will be down to 3 at home as DS2 heads overseas for a year As persevering with YNAB, I think I am getting to grips with it. It will become easier when we get paid at the end of the month I think as then all the "budgeted" pots will be filled and there should hopefully be some left over which I will clearly see where to allocate. However, I don't think atm that I will subscribe as it doesn't seem to do much more than a spreadsheet could. Just a slightly different way of looking at your money. Some lessons learned however, not sure it will be worth paying for. I have tackled the Himalayan Mountain Range that was my ironing pile this afternoon, and was feeling smug until I remembered there was one load on the airer, another in the tumble dryer and some more washing waiting The next pile can wait until tomorrow. This is supposed to be my holiday week
    Starting Mortgage 01.08.08 £171,209.24. Mortgage as at 01.09.15 - £54,780.04; 01.11.15 £49,577.04;01.03.16 £45,799.32; 01.08.16 £42,418.93; 01.10.16 £40,119.5 01.02.17 £36,584.00; 01.04.17 £34,694.71 09.06.17 £32,828.89 MFW Target date Sept 2017; :) 06.08.18 £24,769.47 01.11.18 £23,825.00 22.01.19 £21,990.00 06.02.19 £21,200 03.03.19 £19,862.93
    • chumpy45
    • By chumpy45 27th Feb 19, 11:44 AM
    • 402 Posts
    • 1,772 Thanks
    chumpy45
    Wow where did those days go? Felt very uninspired over the half-term break. Had great intentions but they didn't translate into actions sadly. Did watch a lot of rubbishy trash on NetFlix though, although this should have been time that I was batch cooking and thereby controlling food spends. Hey ho, will try again at Easter. Tried hard with YNAB, I can see that it would be really useful once properly up and running. However, felt a little overwhelming tbh and would also be easier if you weren't trying to juggle a joint account which is dipped into randomly by OH! So, onward and upwards, OH paid today and me at the end of the week. Will review budgets yet again and try and shake off the doldrums. Just had a lovely sunny walk in the park with the dog, so that's hopefully a good start. A couple more days and spreadsheet juggling can begin with hopefully some figures to report.
    Starting Mortgage 01.08.08 £171,209.24. Mortgage as at 01.09.15 - £54,780.04; 01.11.15 £49,577.04;01.03.16 £45,799.32; 01.08.16 £42,418.93; 01.10.16 £40,119.5 01.02.17 £36,584.00; 01.04.17 £34,694.71 09.06.17 £32,828.89 MFW Target date Sept 2017; :) 06.08.18 £24,769.47 01.11.18 £23,825.00 22.01.19 £21,990.00 06.02.19 £21,200 03.03.19 £19,862.93
    • chumpy45
    • By chumpy45 3rd Mar 19, 9:36 AM
    • 402 Posts
    • 1,772 Thanks
    chumpy45
    I have just being playing spreadsheets (my favourite activity) and just right for a grey and wet Sunday morning. Mortgage payment has gone out and I have just made an OP of £855 This is our usual (ish) £500 OP plus £300 which represents two months of Council Tax (don't pay Feb & March - but forgot in Feb!), plus a £30 National Lotto win this morning and finally £25 from changing energy supplier via the MSE energy club This brings the outstanding balance to £19824.20. We are officially in the teens Could there be a tiny pinprick of light at the end of this very long tunnel ? Of course, I now wish I had added the £24.20 to the OP so that the mortgage was a nice round number However, new carpet for stairs and landing being fitted on Wednesday and need some money to pay the fitter ! It will probably make things a little tight by paying two months of council tax in one as an OP but OH still has expenses outstanding, so once these are paid into our account, I am hoping and crossing fingers that we will squeeze through.

    I received a letter from Tesco yesterday to say that the current account interest will be dropping from 3% to 1% in June which is a real shame. I use this account just for savings (my personal running away fund ) and it was really useful so it is disappointing that the rate will be dropping. I don't have any DDs going out and not much going in either (approx £150) per month so will have to do some research to see which other account I could consider.

    Have been re-reading GallyGirl's diary and am just half way through GoldieGirl's diary for the first time (mmmmm..... two sets of GGs and both retired and living the dream - must either change my name or up my game to achieve the goal ). Have been very inspired by all the de-cluttering and keeping a count to help keep motivated. I think I am going to adopt this idea. Have MKd my bedroom but may start moving elsewhere in the house.

    A bit of a long post sorry. Hope you are all having a lovely Sunday.
    Starting Mortgage 01.08.08 £171,209.24. Mortgage as at 01.09.15 - £54,780.04; 01.11.15 £49,577.04;01.03.16 £45,799.32; 01.08.16 £42,418.93; 01.10.16 £40,119.5 01.02.17 £36,584.00; 01.04.17 £34,694.71 09.06.17 £32,828.89 MFW Target date Sept 2017; :) 06.08.18 £24,769.47 01.11.18 £23,825.00 22.01.19 £21,990.00 06.02.19 £21,200 03.03.19 £19,862.93
    • abba1772
    • By abba1772 3rd Mar 19, 2:58 PM
    • 5,939 Posts
    • 23,601 Thanks
    abba1772
    Well done on getting into the teens how exciting.......how long do you reckon you'll be mortgage free by??
    NEXT TARGET BARCLAYCARD WAS Jan 19 £4299 NOW £0
    POAMAYC 2011 £6382.66 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90
    POAMAYC 2017 £7278.80 POAMAYC 2018 £13039.59
    POAMAYC 2019 £6479.39
    • greent
    • By greent 4th Mar 19, 4:28 PM
    • 8,034 Posts
    • 81,488 Thanks
    greent
    Congratulations on hitting the teens!!
    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 12/18 £54829 2019 OPs (#18) £1603.41/£5K
    Net sales 2019 £155.17/£500
    • chumpy45
    • By chumpy45 4th Mar 19, 6:11 PM
    • 402 Posts
    • 1,772 Thanks
    chumpy45
    Thanks Abba1772 and GreenT. Finally feels like we are getting somewhere. The target is to try and clear the remainder by end of our current two year fixed term - so October 2020. We shall see what happens. NSD today as teaching all day, so hardly had time to breathe let alone spend any money. I want to really try and have frugal a month to see if any further OP can be made. Definitely need to shift that £24.20 !!
    Starting Mortgage 01.08.08 £171,209.24. Mortgage as at 01.09.15 - £54,780.04; 01.11.15 £49,577.04;01.03.16 £45,799.32; 01.08.16 £42,418.93; 01.10.16 £40,119.5 01.02.17 £36,584.00; 01.04.17 £34,694.71 09.06.17 £32,828.89 MFW Target date Sept 2017; :) 06.08.18 £24,769.47 01.11.18 £23,825.00 22.01.19 £21,990.00 06.02.19 £21,200 03.03.19 £19,862.93
    • chumpy45
    • By chumpy45 7th Mar 19, 10:22 PM
    • 402 Posts
    • 1,772 Thanks
    chumpy45
    So much for a frugal month. Subs for DS4 dance lessons were due £82/half term. Dance concert tonight - £18 for 2 tickets. Arrived a little early and recklessly agreed to a pre-concert drink. £9.50 for two glasses of wine. £9.50!!!! could have bought 2 bottles in Aldi Another concert on Sunday (DS4 has singing solo - best stock up on tissues) but those tickets are already purchased. Probably be an interval coffee to fund. New carpet for stairs and landing was fitted on Wednesday and looks fab and very contemporary (another £85 for the fitter) although that spend was planned. Seen to be hemorrhaging money atm. Hopefully it will slow down now and the REST of the month can be frugal. We can but try !
    Starting Mortgage 01.08.08 £171,209.24. Mortgage as at 01.09.15 - £54,780.04; 01.11.15 £49,577.04;01.03.16 £45,799.32; 01.08.16 £42,418.93; 01.10.16 £40,119.5 01.02.17 £36,584.00; 01.04.17 £34,694.71 09.06.17 £32,828.89 MFW Target date Sept 2017; :) 06.08.18 £24,769.47 01.11.18 £23,825.00 22.01.19 £21,990.00 06.02.19 £21,200 03.03.19 £19,862.93
    • chumpy45
    • By chumpy45 13th Mar 19, 8:17 AM
    • 402 Posts
    • 1,772 Thanks
    chumpy45
    My half (ish) day as teaching this evening so not in work until about 3 pm today. I am currently pondering the whole OP vs Pension balance conundrum whilst in bed with a cuppa. Have just opened a FD regular saver and putting the max £300 per month at 5%. Am also thinking of opening one for DH for the same amount. This would reduce the OPs considerably but could potentially still manage an OP of £200 per month. Given that the mortgage will finish in just over 3 yrs anyway, and that we are both mid/late 50s already ( how did that happen), I am thinking we should focus on boosting pension pots as much as poss. I would also like to increase my existing Teachers Pension AVC by another £100/month (which actually only costs me £80 due to tax relief). Such a balancing act. OH is currently reviewing his pensions so that we can get an overview of where we are. (Mine is shown online so much easier to track) Although we have always both paid into employers pension, we should have been reviewing these regularly over the years. However, "stuff" happens with life, children, dogs, elderly parents etc and somehow it was never given the priority it should have received. Hey ho, better late than never and we do have some pension provision, probably just not as much as we would like (or will need). Phew long post for a Wednesday morning. Time to get up and out with the pooch who is waiting patiently at the bottom of the stairs for me
    Starting Mortgage 01.08.08 £171,209.24. Mortgage as at 01.09.15 - £54,780.04; 01.11.15 £49,577.04;01.03.16 £45,799.32; 01.08.16 £42,418.93; 01.10.16 £40,119.5 01.02.17 £36,584.00; 01.04.17 £34,694.71 09.06.17 £32,828.89 MFW Target date Sept 2017; :) 06.08.18 £24,769.47 01.11.18 £23,825.00 22.01.19 £21,990.00 06.02.19 £21,200 03.03.19 £19,862.93
    • Kat78MFW
    • By Kat78MFW 13th Mar 19, 9:27 PM
    • 49 Posts
    • 51 Thanks
    Kat78MFW
    Amazing to read your diary and to see how you have brought your mortgage down into the teens. Also interesting to see your latest post about pensions. My DH is also in the TPS and we should maybe consider some AVCs for him.

    I received a letter from Tesco yesterday to say that the current account interest will be dropping from 3% to 1% in June which is a real shame. I use this account just for savings (my personal running away fund ) and it was really useful so it is disappointing that the rate will be dropping. I don't have any DDs going out and not much going in either (approx £150) per month so will have to do some research to see which other account I could consider.
    Do you have a Nationwide account? They offer 5% interest on £2500 for one year plus an instant access 5% regular saver (max £250 per month). If you are interested in switching your tesco current account in June and would like the Nationwide £100 switching incentive, I would happily refer you (I would receive £100 as well).
    Current mortgage (March 19) £54 943 (5yr fix since Jan 18 Interest Only 1.99%)
    Current monthly payment £799 (£109 interest and £690 repayment)
    Current Mortgage Free Date March 2025
    Opening mortgage balance June 2002 - £114 000
    Re-mortgage May 2007 £118 000 (borrowed extra £14 000 to pay loan back to BIL+SIL)
    Agreed repayment date May 2027
    • chumpy45
    • By chumpy45 14th Mar 19, 8:38 PM
    • 402 Posts
    • 1,772 Thanks
    chumpy45
    Hi Kat78MFW thanks for dropping in and for taking the time to read my ramblings. I have looked at the Nationwide account, but I think from memory it needed a minimum payment in each month ? I will check again and will certainly let you know if I am making the move. Would be great to support a fellow MSE at the same time Thanks for suggesting it.

    I had a slight panic in the middle of the night (as you do) that I may be exceeding the OPs possible for this year. I think it was just 10% that was allowed. I will contact FD hopefully tomorrow in order to check this out. I don't want to incur a penalty for OPing. Would be a little If we are approaching the maximum I will redirect to savings. Although as per previous post, OPs will most likely reduce in favour of pensions.

    I have just ordered a Click and Collect food shop from Tesco. Cheaper than home delivery and will hopefully save me time as I can whizz down to collect after I finish work. Feeling really tired atm and just can't face the thought of trudging around the supermarket tomorrow. I know Aldi would be a little cheaper, but sometimes a little bit of quality time is worth more
    Starting Mortgage 01.08.08 £171,209.24. Mortgage as at 01.09.15 - £54,780.04; 01.11.15 £49,577.04;01.03.16 £45,799.32; 01.08.16 £42,418.93; 01.10.16 £40,119.5 01.02.17 £36,584.00; 01.04.17 £34,694.71 09.06.17 £32,828.89 MFW Target date Sept 2017; :) 06.08.18 £24,769.47 01.11.18 £23,825.00 22.01.19 £21,990.00 06.02.19 £21,200 03.03.19 £19,862.93
    • greent
    • By greent 16th Mar 19, 10:46 AM
    • 8,034 Posts
    • 81,488 Thanks
    greent
    Definitely agree that sometimes it is just better for oneself to pay a little more for the sheer ease...

    Hope the concert is wonderful tomorrow - and that you don't run out of tissues! 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 12/18 £54829 2019 OPs (#18) £1603.41/£5K
    Net sales 2019 £155.17/£500
    • chumpy45
    • By chumpy45 17th Mar 19, 7:50 PM
    • 402 Posts
    • 1,772 Thanks
    chumpy45
    Thanks GreenT. Concert was fab, I was a very proud mum. Perhaps he will become the next Ed Sheeran and I won't have to worry about my retirement fund Saw DS3 as well on Saturday which was lovely. I was expecting a bit of a spendy day but only paid for lunch in the end. I was very restrained in all the shops and only made one little purchase in Lakeland of one those drain weasel unclogger tools. I know how to live dangerously when I am on a shopping spree. How things change.
    Starting Mortgage 01.08.08 £171,209.24. Mortgage as at 01.09.15 - £54,780.04; 01.11.15 £49,577.04;01.03.16 £45,799.32; 01.08.16 £42,418.93; 01.10.16 £40,119.5 01.02.17 £36,584.00; 01.04.17 £34,694.71 09.06.17 £32,828.89 MFW Target date Sept 2017; :) 06.08.18 £24,769.47 01.11.18 £23,825.00 22.01.19 £21,990.00 06.02.19 £21,200 03.03.19 £19,862.93
    • chumpy45
    • By chumpy45 21st Mar 19, 8:10 PM
    • 402 Posts
    • 1,772 Thanks
    chumpy45
    A little bit late in the day for Feb but have been spreadsheet crunching and have just sorted some figures;

    Oustanding Mortgage £19,862.93
    Emergency Savings £2000/£5000
    FIRE Savings (reg saver) 2,033.00
    Pension AVCs £900.00
    New regular saver £300/£3600
    Daily Interest Feb £38.73/28 = £1.38
    LTV = 5.5% (if I have calculated this correctly!)

    Have also written a letter to my AVC company to see if they will accept transfers in from previous deferred benefits. I have 2 previous deferred schemes. I am thinking, if possible, of adding these to my Pension AVC fund and gathering all my eggs in one basket. Not sure if this is the best course of action, but will see what they say and then have another think about it. I am really pleased to have finally written the letter as it has been on my "To Do" list for quite some time. It's is so good to tick it off.

    Just checked the bank account and noticed a sum of £580 had gone out for OH's professional subscription! I am hoping his employer will pick up this tab and refund him, but I am not sure. If they won't, then my cunning plan for another sneaky OP will be cancelled PDQ. Nearly Friday
    Starting Mortgage 01.08.08 £171,209.24. Mortgage as at 01.09.15 - £54,780.04; 01.11.15 £49,577.04;01.03.16 £45,799.32; 01.08.16 £42,418.93; 01.10.16 £40,119.5 01.02.17 £36,584.00; 01.04.17 £34,694.71 09.06.17 £32,828.89 MFW Target date Sept 2017; :) 06.08.18 £24,769.47 01.11.18 £23,825.00 22.01.19 £21,990.00 06.02.19 £21,200 03.03.19 £19,862.93
    • chumpy45
    • By chumpy45 22nd Mar 19, 3:15 PM
    • 402 Posts
    • 1,772 Thanks
    chumpy45
    Yippee,it's Friday and I withdrew £2.27 from TCB. A couple of other teeny amounts still pending, so more excitement to come ! Have to work tomorrow as it's Open Day. We are not paid but can accrue TOIL (time off in lieu) which I can hopefully add to my summer hols. I am having to give a mini presentation on a subject which I do not teach as a a colleague is off sick. Should be interesting. I am really hoping no-one asks any questions Posted off my letter re. AVC query and also hoping to get back in touch with an independent FA who was referred to staff via the college where I work. Would be interesting to hear his views on our pension situation too and it's a free first visit Happy weekend everyone.
    Starting Mortgage 01.08.08 £171,209.24. Mortgage as at 01.09.15 - £54,780.04; 01.11.15 £49,577.04;01.03.16 £45,799.32; 01.08.16 £42,418.93; 01.10.16 £40,119.5 01.02.17 £36,584.00; 01.04.17 £34,694.71 09.06.17 £32,828.89 MFW Target date Sept 2017; :) 06.08.18 £24,769.47 01.11.18 £23,825.00 22.01.19 £21,990.00 06.02.19 £21,200 03.03.19 £19,862.93
    • chumpy45
    • By chumpy45 31st Mar 19, 9:48 PM
    • 402 Posts
    • 1,772 Thanks
    chumpy45
    I have been thoroughly spoiled today by the DSs. 3 out of the 4 boys were at home which was lovely and we played silly games this evening. Great memories being made. We skyped the missing DS so he didn't feel left out. Charades via skype anyone ? The joys of technology. He will be home at Easter Payday arrived. We are on schedule to pay off the 0% CC in October. Need to ring FD and check how much we can overpay this year on mortgage (that was on my list last week and didn't happen!), also need to ask them to change the date the reg saver comes out as it is currently in the middle of the month which is when I opened it. I like everything to come out at the beginning so it doesn't get forgotten and you know where you are. One more week teaching and then the Easter hols begin. Can't wait. I am planning a wardrobe sort out and hopefully ebaying or FBing some of the contents. Am also trying to sort out the cycle to work scheme. The HR department at my employer don't seem to know anything about it. I have seen a couple of bikes at good prices in Halfords for me and DS4 and would like to get going on this. Will ask again at work tomorrow. Will do spreadsheet crunching tomorrow and hopefully report back on figures. Hope you've all had a good weekend and here we go again with Monday ........................
    Starting Mortgage 01.08.08 £171,209.24. Mortgage as at 01.09.15 - £54,780.04; 01.11.15 £49,577.04;01.03.16 £45,799.32; 01.08.16 £42,418.93; 01.10.16 £40,119.5 01.02.17 £36,584.00; 01.04.17 £34,694.71 09.06.17 £32,828.89 MFW Target date Sept 2017; :) 06.08.18 £24,769.47 01.11.18 £23,825.00 22.01.19 £21,990.00 06.02.19 £21,200 03.03.19 £19,862.93
    • chumpy45
    • By chumpy45 7th Apr 19, 7:52 PM
    • 402 Posts
    • 1,772 Thanks
    chumpy45
    After a lot of thought, I have decided to work next week and save some days for the summer holidays. I have loads of marking to do and would only end up doing it at home if not. I will go into work in the morning and work from home in the afternoon. That way I can provide sustenance and support for DS4 who will be revising for GCSEs! I have purchased bikes for DS4 and myself this weekend. My employer’s Cycle to Work scheme proved to be absolutely rubbish. I could only buy from their website and the bikes were really expensive. So I took a trip to our local Halfords who had a number of special offers for Easter. I also cheekily asked for a discount as I was buying two bikes at the same time and they gave me an extra 10% off. I bought two bikes, helmets, locks and baskets for less than the price of the cheapest bike with the employer’s Cycle to Work scheme. I hope the weather cheers up as I anticipate I will be a fair weather only cyclist . I already have the money for the bikes saved, so I have transferred it to my Sant123 account, which is the “holding” account for the 0% CC money due in October. Food spends seem to be going into overdrive now everyone is home, so I need to try and keep an eye on this. DH has had some days off and tends to keep going to the supermarket everyday instead of cooking what is on the meal plan or in the fridge. Stern words were said. Right, need to get sorted for the morning. Good luck with Monday everyone.
    Starting Mortgage 01.08.08 £171,209.24. Mortgage as at 01.09.15 - £54,780.04; 01.11.15 £49,577.04;01.03.16 £45,799.32; 01.08.16 £42,418.93; 01.10.16 £40,119.5 01.02.17 £36,584.00; 01.04.17 £34,694.71 09.06.17 £32,828.89 MFW Target date Sept 2017; :) 06.08.18 £24,769.47 01.11.18 £23,825.00 22.01.19 £21,990.00 06.02.19 £21,200 03.03.19 £19,862.93
    • chumpy45
    • By chumpy45 15th Apr 19, 6:36 PM
    • 402 Posts
    • 1,772 Thanks
    chumpy45
    Hi all, as usual with me, a little late in the day reporting figures for March, but here goes;

    Outstanding Mortgage at 01.04.19 = £19,375.45
    Emergency Savings - £2575/£5000
    FIRE Savings (reg saver) - £2,200.00
    Pension AVCs to date - £1000.00
    New regular saver - £600/£3600
    Daily Interest Mar £33.32/31 = £1.07

    I am hoping to round off the mortgage balance and OP the £375.45 which means we would creep into the £18Ks. It would also reduce the LTV to 5.42%.

    I have sent forms back to my AVC provider so they can obtain some transfer values from two previous providers. The values won't be very high, but hopefully can both go to top up my AVC account and make it look a little healthier. My FIRE savings shown above will also go to the AVC fund when it matures, although I may do a little more research about that to see if that's the best thing to do. Will start a new regular saver when in matures. Another two months I think.

    DS1 due home on Thursday for Easter which means all my DSs will be home in the nest. I love having them all home and they love being together. Can't wait
    Starting Mortgage 01.08.08 £171,209.24. Mortgage as at 01.09.15 - £54,780.04; 01.11.15 £49,577.04;01.03.16 £45,799.32; 01.08.16 £42,418.93; 01.10.16 £40,119.5 01.02.17 £36,584.00; 01.04.17 £34,694.71 09.06.17 £32,828.89 MFW Target date Sept 2017; :) 06.08.18 £24,769.47 01.11.18 £23,825.00 22.01.19 £21,990.00 06.02.19 £21,200 03.03.19 £19,862.93
    • chumpy45
    • By chumpy45 16th Apr 19, 10:30 AM
    • 402 Posts
    • 1,772 Thanks
    chumpy45
    Finally managed to login to the Prudential Teacher AVC online portal (after having locked myself out twice!!). I am delighted to report that my AVC contributions have made the fantastic profit of £5.01 in ten months. Whoop whoop, I can retire soon Am relieved that I have plans in progress towards retirement. Whilst due to my age I probably won't be able to retire early, hopefully at least, I will be able to retire comfortably. If only I had come across this forum/mind set many years ago. Still I comfort myself with the knowledge that it is better late than never. Right, having thought I was caught up with laundry, I have now started again with bedding. At least it's a lovely blowy day so it will be line dried. Have a good day everyone.
    Starting Mortgage 01.08.08 £171,209.24. Mortgage as at 01.09.15 - £54,780.04; 01.11.15 £49,577.04;01.03.16 £45,799.32; 01.08.16 £42,418.93; 01.10.16 £40,119.5 01.02.17 £36,584.00; 01.04.17 £34,694.71 09.06.17 £32,828.89 MFW Target date Sept 2017; :) 06.08.18 £24,769.47 01.11.18 £23,825.00 22.01.19 £21,990.00 06.02.19 £21,200 03.03.19 £19,862.93
    • greent
    • By greent 17th Apr 19, 6:20 PM
    • 8,034 Posts
    • 81,488 Thanks
    greent
    I think 4 children is also a 'hindrance' to early retirement - not that we'd be without them, of course - but there's no denying the extra costs/ less potential for saving/ investing with them (very tongue in cheek!) 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 12/18 £54829 2019 OPs (#18) £1603.41/£5K
    Net sales 2019 £155.17/£500
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Martin's Twitter
  • Have a great Easter, or a chag sameach to those like me attending Passover seder tomorrow. I?m taking all of next? https://t.co/qrAFTIpqWl

  • RT @rowlyc1980: A whopping 18 days off work for only 9 days leave! I?ll have a bit of that please......thanks @MartinSLewis for your crafty?

  • RT @dinokyp: That feeling when you realise that you have 18 days of work and only used 9 days of your annual leave! Thanks @MartinSLewis h?

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