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    • squirrelgirl
    • By squirrelgirl 12th Mar 17, 3:44 PM
    • 193Posts
    • 1,169Thanks
    squirrelgirl
    Squirrelgirls MF quest
    • #1
    • 12th Mar 17, 3:44 PM
    Squirrelgirls MF quest 12th Mar 17 at 3:44 PM
    I am venturing into the MF Wannabe world!!

    I have recently come to the end of my mortgage deal and have got a new one which runs to the 31st March 2019. My plan is to clear my mortgage on 1st April 2019

    I have an offset mortgage, so I can spend between now and then either paying off the capital or putting the extras into the offset savings - knowing me, it will probably be a combo of both as I really like seeing the figure I owe drop (it's a psychological thing!! ) until I get close to the end, then it will have to go into the savings so that I don't accidently pay it of too soon and end up with early repayment charges

    My mortgage is actually due to finish in 2024 - and although I have paid a considerable sum off over the past 5 years or so, I haven't made any op's for about 2 years as I took a break from work. I have several things that I need to sort financially between now and the end of November, so my bigger op's won't start till then, but I am going to make every effort to put at least 50 extra per month towards it until then.

    My ability to save money on food and household products is limited as I don't use supermarkets and buy everything as ethically as possible - this means that I am going to have to be creative and stretch what I have as far as possible I do have a massive stockpile of dried goods and a freezer full of stuff so I am going to be able to minimise my spends over the next month or so.

    I will go over my 'bills' budget too and see where I can make savings - I currently overestimate everything bill wise and can probably reduce the amount we put in by at least 10 - once I have checked out what is in there, I will tilly-tidy the surplus and make a start!

    I am reasonably confident that I will be getting a very small pay rise in April and hopeful that dh will too, so am intending to put that towards the mortgage - we have a persie amount each which is adequate for now so I'm happy to utilise any increases we have for op's.

    Right, off to check out the bill account and see what I can do!
    15 Month Challenge: House - 2161/15000; Mortgage - 300/19000 ; Jan Spends: Food 93.52/300; Petrol 0/300; Persie 0/ 300
    MFW No. 167 300/ 15000
Page 3
    • squirrelgirl
    • By squirrelgirl 21st Jan 18, 9:42 AM
    • 193 Posts
    • 1,169 Thanks
    squirrelgirl
    Not long before I see how I've done on the first month but I know that it will be short

    We've had to buy a new radiator for the kitchen and I need to put the car through a service and its mot- I'd totally forgotten about it as it's original arrival coincided with the arrival of my grandbaby! Hopefully all will be well but I have to see how it turns out before I can come to final figures.

    Winter is always my most expensive season - solstice; house insurance; car insurance and mots for both cars; tax for one car; two birthdays and one anniversary!! Thankfully I'm normally prepared but my car thing just didn't equate and the radiator was unexpected! I'll be able to cushion much of the blow due to emergency pots but it's still irritating and will have an impact.

    This week just hasn't gone according to plan - I've been lax financially and I know that it's going to make life more difficult. However, i'm not going to let it define my future actions by using it as an excuse to continue being stupid.

    Today I will get quotes for broadband, car insurance and breakdown cover. I'm going to make the menu for the week ahead and get my budgets up to date...I need to get back in control and on the wagon!
    15 Month Challenge: House - 2161/15000; Mortgage - 300/19000 ; Jan Spends: Food 93.52/300; Petrol 0/300; Persie 0/ 300
    MFW No. 167 300/ 15000
    • squirrelgirl
    • By squirrelgirl 21st Jan 18, 4:25 PM
    • 193 Posts
    • 1,169 Thanks
    squirrelgirl
    Change of plan- decided to check out all my 'pots' and put the intended amount into the monthly house improvement payment - if I don't have enough for everything I'll take some out again to cover....I'm saving for the improvements in the offset and interest is charged daily so it can't hurt!
    15 Month Challenge: House - 2161/15000; Mortgage - 300/19000 ; Jan Spends: Food 93.52/300; Petrol 0/300; Persie 0/ 300
    MFW No. 167 300/ 15000
    • squirrelgirl
    • By squirrelgirl 6th Feb 18, 3:35 PM
    • 193 Posts
    • 1,169 Thanks
    squirrelgirl
    Well January turned out okay...hit the target and sorted quite a few other bits out. However, February is a total write off!! dh and I decided to have a weekend away and spent a fortune basically, I have put a minimum of a month on our target - although it's unfortunate, I'm okay with it, we had a fabulous time and it was worth it

    What it does mean is that I have minimal wiggle room now....hopefully I can reduce the costs of the house improvements a bit and claw some back there but one way or the other, my mortgage is still going on 1st April next year!

    I'm hoping for a low spend week this week - I'm going to do the meal plan and shopping list tomorrow then sort out a couple of bills and the house. I've got a good vibes about this next month, I think that I can start to make an impact on my plans and move things forward
    15 Month Challenge: House - 2161/15000; Mortgage - 300/19000 ; Jan Spends: Food 93.52/300; Petrol 0/300; Persie 0/ 300
    MFW No. 167 300/ 15000
    • mortgage_girl
    • By mortgage_girl 16th Feb 18, 3:22 PM
    • 852 Posts
    • 3,916 Thanks
    mortgage_girl
    I'm hoping for a low spend week this week - I'm going to do the meal plan and shopping list tomorrow then sort out a couple of bills and the house. I've got a good vibes about this next month, I think that I can start to make an impact on my plans and move things forward
    Originally posted by squirrelgirl
    Keep those good vibes going SG Try not to worry too much about your weekend away - it's important to live a little too.

    MGx
    2018: 1313.85 / 9,300
    2017: 7646.64 / 11,000 2016: 4557.98 / 11,000 2015: 10,230.37 / 11,000 2014 =6703.26 / 11,000 2013 = 4288.51 / 8000 2012 = 1600/5000 2011 = 2579/3000
    MF date was Nov 2041 - now April 2022

    • squirrelgirl
    • By squirrelgirl 28th Feb 18, 1:47 PM
    • 193 Posts
    • 1,169 Thanks
    squirrelgirl
    Well, nothing improved!! February a total disaster and March will be too!!

    I have a chaotic month ahead which will prove expensive so I'm expecting that March's salary will be consumed by it.

    That gives me only 11 months to clear the mortgage and do the house...in all honesty, I don't see that I can do it however, I'm going to get as close as I can....it probably means postponing start dates on the house as getting rid of the mortgage is too close to let go of, whereas I am happy to extend the house renovation fund for a couple of extra months....

    I need to get myself back in the right mindset and start fighting again....I can't keep letting this complacency win
    15 Month Challenge: House - 2161/15000; Mortgage - 300/19000 ; Jan Spends: Food 93.52/300; Petrol 0/300; Persie 0/ 300
    MFW No. 167 300/ 15000
    • squirrelgirl
    • By squirrelgirl 1st Mar 18, 1:05 PM
    • 193 Posts
    • 1,169 Thanks
    squirrelgirl
    Enforced nsd's yesterday and today...we're snowed in! I'm okay with it as it gives me a chance to get myself a bit more organised as I've been running around like a headless chicken for the past 4-6 weeks!!

    I've sorted insurances, breakdown cover and the electricity bill- we have the old cars mot this month though so that's going to have a massive impact on which way we move forward. We may have to buy a 'new'car so I want to know asap!

    Anyhow, I'm pretty comfortable with having some me time...I'll work out ways to reduce my expenditure as much as possible over the next month
    15 Month Challenge: House - 2161/15000; Mortgage - 300/19000 ; Jan Spends: Food 93.52/300; Petrol 0/300; Persie 0/ 300
    MFW No. 167 300/ 15000
    • squirrelgirl
    • By squirrelgirl 12th Mar 18, 11:45 AM
    • 193 Posts
    • 1,169 Thanks
    squirrelgirl
    Mot booked for Friday so I'll feel better when I'm back on top of that as far as knowing what i need to do

    I'm going to clear the cc this month of outstanding debt and have a figure in my head that I am not prepared to go over - until I see what cash remains, I can't say I won't need to use it still. Once i check what remains this month cash wise, I will be extremely careful with the use of either!

    I still have a number of prebooked social events this month then I'm pretty much putting a stop to it all - I really need some time off and weekends to do things at home!

    I'm hoping to put 1k to the savings the month- it's not going to be easy to achieve but I have to get some progression before I start to lose hope!!
    15 Month Challenge: House - 2161/15000; Mortgage - 300/19000 ; Jan Spends: Food 93.52/300; Petrol 0/300; Persie 0/ 300
    MFW No. 167 300/ 15000
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