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  • FIRST POST
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 13th Jul 17, 7:39 PM
    • 1,474Posts
    • 7,053Thanks
    wishingthemortgaheaway
    Taking it slowly, but doing it well.
    • #1
    • 13th Jul 17, 7:39 PM
    Taking it slowly, but doing it well. 13th Jul 17 at 7:39 PM
    Good evening all,

    I'm rejoining this thread and you lovely people after a break of a few years.

    I've got a new user name, but only because I can't get back into my old account. (My old diary was called 'Today is not a NSD'

    I've kept the start of my username the same, so it's still a big wave hello from me, Wish.

    A quick (I promise) update from me.

    I'm about to turn 35 (still wish I was 25)

    I now have a 1 year old little boy - Pickle

    I'm currently on extended maternity leave/career break/unemployed (I took the statutory maternity pay from my high pressured, long hours, no social life job, handed my notice in whilst on mat leave and , because I didn't take any occupational maternity pay, I didn't have to repay any money. )

    Husband is still a freelance audio visual engineer in the entertainments industry

    Still in our 2 bed Victorian terrace, which we still love.

    We still want to be mortgage free, but it's going to take a little longer than we thought when I was last here.

    So, why am I back?
    I need some motivation and some accountability, need to get back on the no spend days. Need to curb some bad financial habits that have crept back in.
    Need to lose some weight - nsd will help by no cake shop stops or treats from the discount supermarket at the end of the road.

    I'm at the end of my maternity savings.

    When I found out I was pregnant I stopped overpaying the mortgage and diverted all that cash into a maternity leave 'fund' to that I added my statutory maternity pay as it came in, £5k from an inheritance and a £5k gift from my parents.
    The total of those savings have allowed us to live as we were for 15.5 months without hubby having to contribute anymore to our household expenses than he had previously.

    I am very pleased with what we have achieved. But, that 'half month' is August and then the money is gone, I have no income and we will have to manage on hubby's self employment earnings.

    I am meant to be applying for agency work, in my field, for 3 days a week from September. It's not happened yet due to hubby being run off his feet with work. I'm not worried about this, I will sort it when I can.

    We have no debts, other than our mortgage (which currently stands at just less than £37k and has 12years 3 months left to run)

    We receive child benefit, but nothing else (previous warnings have been too high to receive tax credits or anything else)
    We have no family living nearby, so will need to pay out for childcare come September for 3 days a week, as I'll be agency and hubby is self employed we can't get childcare vouchers, but should be able to open one of the new tax free childcare accounts saving us 20% on childcare costs, which will be around £120 a week.


    This is what I already do:

    YNAB all my accounts - this is how I've managed to have 15 months off work
    Use ynab to save for all annual bills, overpaying each section so I have a little bonus when it comes to paying the bill

    Meal plan & cook from scratch

    Try not to spend too much on things for Pickle, and try to sell on things he has finished with (this has had mixed success)

    I'd love to have your support as I attempt to pay off the mortge earlier than planned. I'm aiming, from August, to overpay the same amount as the interest added to the account. This isn't much, but it's a realistic challenge given out current circumstances.

    Thank you for reading

    Wish.
Page 23
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 10th Mar 18, 8:40 PM
    • 1,474 Posts
    • 7,053 Thanks
    wishingthemortgaheaway
    Today has been incredibly speedy.

    The weekly food shop has come in at around £33, and that includes some incredibly naughty spending when I stopped at a sainsbos this afternoon (cake and a gorgeous 'sport relief tote bag' perfect for work visits (I do need to jiggle ynab to take this out of spends, not groceries. ) groceries budget is holding up well about £145 left for the rest of the month. I will have a more expensive week coming up when the parental visitc but hey, I'm a ynab girl I 'roll with the punches'

    Stocked up on nappies today too, nearly £10 worth as I need to send another load to the Childminder's on Tuesday, and I have this thing about always having a sealed pack in the house. (I guess running out of nappies goes in the same category as running out of loo roll - NEVER do it!)

    Then... 1 train ticket (return) and 4 hotel room stays paid for for work, the expenses slush fund has disappeared and I've had to 'wam' the category to cover the overspending. I will get it all back (but not until the end of May probably as I'll miss the April expenses deadline due to when they are booked for and I can't expense them until they have been used (in case we have to cancel for some reason as it gets too complicated) I did go through tcb for them all though, so a little bit of cashback should come my way eventually. I did quite well though, I managed to get a £10 a night discount by booking the rooms as separate transactions, rather than all in one go. It was a bit of a faff, but saved £40, which I know work are paying for, but I have to pay it out now.

    Actually thinking about it, I'll get the train ticket in in time for the end of April payroll.

    Right, I need to go to bed. Pickle and I have to get up and get out tomorrow (we'll, we don't HAVE to, but it's better for hubby to sleep in the morning or it will take him forever to recover.


    mse March Goals

    1) Mop Pot
    Target 1: next brick on the countdown house
    £50.97/£50.97
    Target 2: monthly interest payment
    £13.52/£13.52
    Target 3: mfw March target
    £90.49/£145.51
    Target 4: new 2018 target (to catch up on January's low payment)
    0/£7.34

    2) Emergency fund growth
    £250/£150

    3) nsds
    5/16

    4) 1p a day challenge
    9/31

    5) save the £2 coins (update monthly)

    6) get in size 14 jeans (update monthly)[/QUOTE]
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Jan 18 14/100 Feb 15/100 March 18/100 April 19/100 May 20/100 June 21/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 £1600ish/£2,500
    • brizzledfw
    • By brizzledfw 11th Mar 18, 4:10 PM
    • 7,267 Posts
    • 35,710 Thanks
    brizzledfw
    Hello, saw you on FS's diary and have read your intro and your last few posts Will subscribe..

    Like your goals. Have just checked my interest payments on the mortgage and its around £250 p.m. I am not OP'g at the moment.long story, but basically spare cash is going into pension and paying off holiday CCs etc, but I could manage that. I will set up a SO as a result.

    Have a good day x
    MFiT-T4 Member No. 96 - 2022 is my MF goal
    Winter 17/18 Savings Rate Goal: 25% [October 30%]
    Declutter 60 items before 31.03.18 9/60 ** LSDs Target 10 for March 03/10 **AFDs 10/15 ** Sales/TCB Target 2018 £25/£500 NSDs Target 10 for March 02/10 Trying to be a Frugalista
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 11th Mar 18, 10:26 PM
    • 1,474 Posts
    • 7,053 Thanks
    wishingthemortgaheaway
    Hi Brizzled, thank you for popping in and commenting. My diary is really quite dull, but keeps me focused and any visitors are warmly welcomed and appreciated.

    Today would have been a nsd, if Pickle and I didn't find a friend to go to 'all you can eat breakfast' with. Again, no regrets, but only £30 left in the eating out budget for the rest of the money. I see lots of wamming in my future.

    I'm not a huge fan of Mothering Sunday, but received some lovely things from Pickle. The Childminder has really gone to lots of effort with them. (Hubby didn't do too badly either, a recipe book and a novel)

    Hunter's pie for tea, and Victoria sandwich which i made last night after Pickle told me that, if we didn't have any cake in, I should make it. (Amazing how his two little words of 'Cake? Make cake!' Can convey sooo much meaning)
    I'm very fortunate to have a very foodie toddler, who's hunter's pie (containing Worcestershire sauce, mustard and balsamic vinegar) was eaten up to very appreciative comments. I'm hoping he doesn't go through a fussy stage.

    Tomorrow is the wwt place about an hour away. Before hubby heads off for an overnight work visit and the Work/Childminder cycle starts over again.

    I've got a few crazy busy weeks coming up at work, so there won't be much time for supply but I've already got a day booked in for Thursday this week so that will swell the coffers slightly.

    1p challenge done. Tilly tidy from breakfast done and a new knitting project making fab progress. A good start to the week.

    Hope everyone enjoys theirs.
    Wish

    mse March Goals

    1) Mop Pot
    Target 1: next brick on the countdown house
    £50.97/£50.97
    Target 2: monthly interest payment
    £13.52/£13.52
    Target 3: mfw March target
    £93.66/£145.51
    Target 4: new 2018 target (to catch up on January's low payment)
    0/£7.34

    2) Emergency fund growth
    £250/£150

    3) nsds
    5/16

    4) 1p a day challenge
    11/31

    5) save the £2 coins (update monthly)

    6) get in size 14 jeans (update monthly)
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Jan 18 14/100 Feb 15/100 March 18/100 April 19/100 May 20/100 June 21/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 £1600ish/£2,500
    • gallygirl
    • By gallygirl 12th Mar 18, 1:57 AM
    • 16,606 Posts
    • 109,664 Thanks
    gallygirl
    I'm very fortunate to have a very foodie toddler, who's hunter's pie (containing Worcestershire sauce, mustard and balsamic vinegar) was eaten up to very appreciative comments. I'm hoping he doesn't go through a fussy stage.
    Originally posted by wishingthemortgaheaway
    In my experience the fussy stage starts approximately 48 hours after you proclaim to someone 'my son eats everything' without caveating it as you have done . Hunter's Pie - is that a euphemism for Bambi Pie?
    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"
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 12th Mar 18, 7:24 AM
    • 1,474 Posts
    • 7,053 Thanks
    wishingthemortgaheaway
    In my experience the fussy stage starts approximately 48 hours after you proclaim to someone 'my son eats everything' without caveating it as you have done . Hunter's Pie - is that a euphemism for Bambi Pie?
    Originally posted by gallygirl
    Haha Gally, not Bambi pie no, chicken and bacon with a balsamic/Worcestershire sauce relish and cheese in it. Sounds random, but was really nice, the last recipe from the 'pieminister' book (a reader contribution I believe)

    I am fully expecting his adventurous pallet to take a break at some point, but, whilst it's here, I shall be thankful every meal time.
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Jan 18 14/100 Feb 15/100 March 18/100 April 19/100 May 20/100 June 21/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 £1600ish/£2,500
    • shangaijimmy
    • By shangaijimmy 12th Mar 18, 8:15 AM
    • 2,736 Posts
    • 13,597 Thanks
    shangaijimmy
    We are at 3 stages at the minute. DS1 is re-emerging from fussy stage and reluctantly starting to try a things again. DS2 is in only eating 5 things type mode which is so frustrating. DD is in the 'food hoover' stage of eating anything and everything. I'd say we got caught out with gallys scenario twice, so not saying anything about DD! So only another 5 yrs to go and we may have all 3 at a normal stage of eating!
    MFW: Turning June 2036 into March 2025... 39//120 Payments Challenge, Diary Reduction £42,061.17
    Aug 2009: £163,051 // Current: £93,938.84 // Avg Daily Interest £4.22
    MFiT-T4 #8 - 74.24% of £41,000
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 12th Mar 18, 10:15 PM
    • 1,474 Posts
    • 7,053 Thanks
    wishingthemortgaheaway
    Evening all,

    Thanks for the insights into toddler food fads, today has involved porridge, Granny Smith apples, macaroni cheese with chorizo and paprika.... this almost garauntees the fussiness will start.

    Nsd today woohoo. Took Pickle to the wwt place for
    A couple of hours today, it was sooooo wet.

    Hubby away tonight, I'm working tomorrow, Pickle asleep at the moment, we'll see how long that lasts.

    Night all

    Wish

    mse March Goals

    1) Mop Pot
    Target 1: next brick on the countdown house
    £50.97/£50.97
    Target 2: monthly interest payment
    £13.52/£13.52
    Target 3: mfw March target
    £97.45/£145.51
    Target 4: new 2018 target (to catch up on January's low payment)
    0/£7.34

    2) Emergency fund growth
    £250/£150

    3) nsds
    6/16

    4) 1p a day challenge
    12/31

    5) save the £2 coins (update monthly)

    6) get in size 14 jeans (update monthly)
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Jan 18 14/100 Feb 15/100 March 18/100 April 19/100 May 20/100 June 21/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 £1600ish/£2,500
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 13th Mar 18, 10:08 PM
    • 1,474 Posts
    • 7,053 Thanks
    wishingthemortgaheaway
    Today has been crazy. I did not move from my desk from 8:15 until 4:15. And I didn't realise how much time had gone. Super busy.

    It does mean a nsd though wooohoooo (need a few more of those...)
    Council tax bill has arrived, so went online and paid that (I wonder if I was the first in to pay and, if I was, do I get a prize? Nothing major maybe just having my bins collected every week or something.
    Completed two days of the 1p a day challenge. Today's amount and one that, when I tilly tidied the left over pennies I got a lovely round number on my mop pot. I can see more of this 'creativity' in my future.

    Everyday spends budgets are holding up ok, groceries doing well, everything else needs to be kept a watchful eye on, but there are no disasters (apart from the landless phone bill being £6 over budget again- need to look at the call charges.)

    No paid work tomorrow, but Sunday school and church Safeguarding things to sort out, cleaner coming so a bit of cleaner proofing in the morning, I do have to sort birthday presents for the party on Saturday we're going to. But that may be a Friday job. Ho hum.

    Sleep well everyone.

    Wish

    mse March Goals

    1) Mop Pot
    Target 1: next brick on the countdown house
    £50.97/£50.97
    Target 2: monthly interest payment
    £13.52/£13.52
    Target 3: mfw March target
    £100/£145.51
    Target 4: new 2018 target (to catch up on January's low payment)
    0/£7.34

    2) Emergency fund growth
    £250/£150

    3) nsds
    7/16

    4) 1p a day challenge
    14/31

    5) save the £2 coins (update monthly)

    6) get in size 14 jeans (update monthly)
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Jan 18 14/100 Feb 15/100 March 18/100 April 19/100 May 20/100 June 21/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 £1600ish/£2,500
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 14th Mar 18, 7:00 PM
    • 1,474 Posts
    • 7,053 Thanks
    wishingthemortgaheaway
    I don't feel like I've achieved much or done much today, but then I don't feel like I've sat around doing nothing either.

    It has been a nsd
    I've done three days of the 1p a day challenge. Today's and two random ones so my 1p a day challenge sits at a nice round £90 and my mop pot at £101.
    Add those two amounts together and I've smashed my mop pot
    Target for the month (I've already paid mini targets 1&2 into the mortgage itself) but. I really want to see the 1p a day challenge get to its £667.?? Total before redistributing it amongst the mop pot and my offset pots.

    A day of supply tomorrow, so that will be paid into my pots the end of next week. No supply work next week due to my other job, so I think this might be the last supply work before Easter, then the middle of April I'm on a work trip down south, so, In all honesty, this is probably the last 'extra' work for a month.

    I think that's all my ramblings tonight. Hoping for an nsd tomorrow too.

    Wish

    mse March Goals

    1) Mop Pot
    Target 1: next brick on the countdown house
    £50.97/£50.97
    Target 2: monthly interest payment
    £13.52/£13.52
    Target 3: mfw March target
    £101/£145.51
    Target 4: new 2018 target (to catch up on January's low payment)
    0/£7.34

    2) Emergency fund growth
    £250/£150

    3) nsds
    8/16

    4) 1p a day challenge
    17/31

    5) save the £2 coins (update monthly)

    6) get in size 14 jeans (update monthly)
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Jan 18 14/100 Feb 15/100 March 18/100 April 19/100 May 20/100 June 21/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 £1600ish/£2,500
    • pinkypig
    • By pinkypig 14th Mar 18, 8:46 PM
    • 1,264 Posts
    • 10,240 Thanks
    pinkypig
    Excellent number of nsds

    Had your council tax gone up much? Still waiting for mine.

    Have a lovely rest of the week xx
    • gallygirl
    • By gallygirl 14th Mar 18, 9:30 PM
    • 16,606 Posts
    • 109,664 Thanks
    gallygirl
    Our equivalent in Spain is only €438 a year - just under €300 general and the rest on bin collections.

    From what I've seen of the Town Hall most of the 'general' goes on paper for the printer/copier - every time you go in they take another copy of your passport. I think they have a massive game of Snap with them every Christmas .
    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"
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 14th Mar 18, 10:09 PM
    • 1,474 Posts
    • 7,053 Thanks
    wishingthemortgaheaway
    Excellent number of nsds

    Had your council tax gone up much? Still waiting for mine.

    Have a lovely rest of the week xx
    Originally posted by pinkypig
    Thank you PP, you too.

    5.5% increase overall. I've shuffled my budget from April onwards as what I have been putting aside each month wouldn't cover the payment if I needed to pay monthly again(it would over 12months, but not over 10) and I rather like having my 'year end bonuses'

    I'm sure other people would say to do it differently, but it works REALLY well for us and, as the bill is 5.5% higher than last year I didn't panic, I had the money to pay, and if the same happens next year, I'll be covered.
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Jan 18 14/100 Feb 15/100 March 18/100 April 19/100 May 20/100 June 21/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 £1600ish/£2,500
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 14th Mar 18, 10:14 PM
    • 1,474 Posts
    • 7,053 Thanks
    wishingthemortgaheaway
    Our equivalent in Spain is only €438 a year - just under €300 general and the rest on bin collections.

    From what I've seen of the Town Hall most of the 'general' goes on paper for the printer/copier - every time you go in they take another copy of your passport. I think they have a massive game of Snap with them every Christmas .
    Originally posted by gallygirl

    Haha Gally, I imagine there's an equivalent amount spent on paper and ink here too, in the envelope with the bill there was a letter and a leaflet explaining why the council tax had to rise and services need to be cut (non of it to do with the fact we're paying for both a city mayor and a regional mayor and a police and crime commissioner at all of course!)

    Ho hum, at least it's all done now for another 12 months and I can just squirrel the money away earning me interest not them.
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Jan 18 14/100 Feb 15/100 March 18/100 April 19/100 May 20/100 June 21/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 £1600ish/£2,500
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 15th Mar 18, 10:25 PM
    • 1,474 Posts
    • 7,053 Thanks
    wishingthemortgaheaway
    Not much to report today. Easy day of supply, although he teacher who's classroom I was in this morning is one of the most untidy teacher's I've ever seen. And the effect on the behaviour of the children was obvious. They had no idea where anything was or should be put back. But never mind. I've done my job and my working week is over.

    It has been another nsd, so they are
    Looking good.
    2 days worth of the 1p a day challenge done, Associated tilly tidies made and the cleaner hasn't come, but I won't see the benefit of that until April as I'll just roll the cash over now and reduce the amount budgeted in April. That will go into step 13- commercial clean of old and new property.
    Tomorrow I think we going to check out a free toddler playgroup that is reasonably local. I do need to source birthday cards and presents for a party we're going to on Saturday, but I'm hoping that will be able to be done cheaply.

    Save well my friends.
    Wish

    mse March Goals

    1) Mop Pot
    Target 1: next brick on the countdown house
    £50.97/£50.97
    Target 2: monthly interest payment
    £13.52/£13.52
    Target 3: mfw March target
    £105/£145.51
    Target 4: new 2018 target (to catch up on January's low payment)
    0/£7.34

    2) Emergency fund growth
    £250/£150

    3) nsds
    9/16

    4) 1p a day challenge
    19/31

    5) save the £2 coins (update monthly)

    6) get in size 14 jeans (update monthly)
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Jan 18 14/100 Feb 15/100 March 18/100 April 19/100 May 20/100 June 21/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 £1600ish/£2,500
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 16th Mar 18, 6:14 PM
    • 1,474 Posts
    • 7,053 Thanks
    wishingthemortgaheaway
    Another nsd today. Woop woop. Doing ok this month. I've noticed that the number of nsds are proportional to the amount of time hubby is away- hubby being away means pickle and I do free things, eat from the freezer and 'shop at home' hubby is a bad influence....

    Tomorrow requires a food shop. But I'm only going to get some bits for Sunday and Monday (if we need them, then Tuesday afternoon I'm going to do a child free shop that will hopefully see me through until the end of March. There is £133 I'm the grocery pot, I'm hoping that that is more than plenty and a good proportion of it will be winging its way to the mop pot come the end of the month.

    I also need to get cards and a small gift for the birthday children of the party we are going to, so, as the party is our 'entertainment' for the day, it should end up being a low spend day.

    I'm doing really well on my latest knitting project (a tank top for Pickle) I'm hoping I'm going to get it to the point I need my mum to help me with by the time they arrive on Wednesday.

    My deficit work expenses pot is going to take a hammering again on Thursday as I need to pay for taxi fares from the station as no one from the office can come and pick me up. I could very easily wam it from one of the other pots, but, as the actual account is well in credit, I'm going to leave it as is until the end of the month and wam it from pennies that would have gone into the mop pot or offset pot. It's all coming back at some point, so it's not like I've overspent my own money.

    Right, time for bedtime routine, House is tidy, washing is up to date, and the 'life admin' list is under control, so my rock n roll friday night is a large G&T and my knitting. - living the dream.

    mse March Goals

    1) Mop Pot
    Target 1: next brick on the countdown house
    £50.97/£50.97
    Target 2: monthly interest payment
    £13.52/£13.52
    Target 3: mfw March target
    £110/£145.51
    Target 4: new 2018 target (to catch up on January's low payment)
    0/£7.34

    2) Emergency fund growth
    £250/£150

    3) nsds
    10/16

    4) 1p a day challenge
    22/31

    5) save the £2 coins (update monthly)

    6) get in size 14 jeans (update monthly)
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Jan 18 14/100 Feb 15/100 March 18/100 April 19/100 May 20/100 June 21/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 £1600ish/£2,500
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 17th Mar 18, 5:40 PM
    • 1,474 Posts
    • 7,053 Thanks
    wishingthemortgaheaway
    Biiiiiig news today is.... the mortgage company have opened up our account to switch deals. We can get a 2 year fix at 2.39% without any checks/faffing. Currently on 2.44% so a tiny saving. I think we're going to jump onto it from the beginning of April, just in case interest rates go up again. I'm also going to pay in our total overpayment allowance for this year, to recalculate for the lowest amount we can. Then I'll just plough on putting as much money as I can into my '13 step mfw plan' and hopefully have the entire 10% allowance ready for 1st Jan 2019.

    It will pretty much empty my EF and ynab buffer pots, but I do have money in the ns&i, I can get at in about 48hours and a credit card with a 6k limit. But, I will fill them up quicker as I'll only be focusing on the 13 step plan, rather than splitting between the plan and the mop pot, and monthly repayments will be about £30 a month less. (And hubby has a fair chunk of cash squirreled too)

    So much for going for the 'off set plan' but the muse overpayment calculator says this will save about £2300 in interest. So, I'm doing it!

    (I need to switch by the 27th to get it going for the 1st April, so I'm going to get my current mop pot as high as possible until about the 20th, then transfer from the offset pot once that's done.)

    In daily mse news. A bit of grocery shopping this morning, another pack of nappies, just to keep stocks up and a couple of birthday cards. This means my grocery pot (after tilly tidies) sits at exactly £100, if I plan thinks right, I should be able to do a £50 ish shop on Tuesday for the rest of the month.
    3 days of the 1p a day challenge done (the challenge pot sits at a satisfying ingot round £100)
    And 61p cashed out of tcb. - this has gone straight into the mop pot of course.

    mse March Goals

    1) Mop Pot
    Target 1: next brick on the countdown house
    £50.97/£50.97
    Target 2: monthly interest payment
    £13.52/£13.52
    Target 3: mfw March target
    £112.22/£145.51
    Target 4: new 2018 target (to catch up on January's low payment)
    0/£7.34

    2) Emergency fund growth
    £250/£150

    3) nsds
    10/16

    4) 1p a day challenge
    25/31

    5) save the £2 coins (update monthly)

    6) get in size 14 jeans (update monthly)
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Jan 18 14/100 Feb 15/100 March 18/100 April 19/100 May 20/100 June 21/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 £1600ish/£2,500
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 18th Mar 18, 8:42 PM
    • 1,474 Posts
    • 7,053 Thanks
    wishingthemortgaheaway
    Maybe I should rename my diary as 'the slightly going off at a tangent, changing her mind, getting cold feet and changing her mind again thread'

    This afternoon I used ynab and wammed from my '13 step mortgage neutral' pots into the mop pot, up to the annual overpayment allowance I have left, thinking I'd sit in the huge mop pot for a couple of days and then overpay into the mortgage. Well, I've got cold feet. Despite the fact I have cash elsewhere, I just couldn't do it. So, my plans have changed (again...)
    I've paid £950 into the mortgage - this is my current mop pot, plus money from the 13 step plan.
    I've completely filled the EF to £2000
    The 'ynab buffer/1month wages pot stands at £62 - this will be my priority
    Filling pot.
    The only other pot with any money in it is the 'increased bills at new house pot' which I really want to show any prospective mortgage company I can keep up.
    I'm not going to put anything else into the mop pot this month, I'm going to wam everything I can into the 'wage buffer' pot. And start again in April.

    When the payment I've just made shows up on the internet banking, I'll refix the mortgage to ensure I get the current rate. My monthly payments will go down a little bit but not a huge amount.
    I have £2k of overpayment allowance left, I shall continue my usual 'pay off £400 capital a month' on the mortgage for the rest of the year as well as throwing as much as I can into the 13 step plan.

    In other news:
    A nsd
    I've done my first ever bank account switch. This will give me the best interest rate on the sinking funds/monthly bills. As well as cashback on transactions. I should get £10 a month which will help towards the plan. I need to check which of my bank account transactions are actually card payments, rather than direct debits.
    A job for another day though. All this financial juggling is just beginning to hurt my brain.


    mse March Goals

    1) Mop Pot
    Target 1: next brick on the countdown house
    £50.97/£50.97
    Target 2: monthly interest payment
    £13.52/£13.52
    Target 3: mfw March target
    £145.51/£145.51
    Target 4: new 2018 target (to catch up on January's low payment)
    £7.34/£7.34
    Extra.....£797.15
    Total: £1014.49

    2) Emergency fund growth
    £250/£150 . (Due to a bit of 'wamming' this is now 'full' at £2k)

    3) nsds
    11/16

    4) 1p a day challenge
    26/31

    5) save the £2 coins (update monthly)

    6) get in size 14 jeans (update monthly)
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Jan 18 14/100 Feb 15/100 March 18/100 April 19/100 May 20/100 June 21/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 £1600ish/£2,500
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 19th Mar 18, 7:13 PM
    • 1,474 Posts
    • 7,053 Thanks
    wishingthemortgaheaway
    Another nsd here, Pickle had a dental appointment first thing, then we went to the library, my boy could spend forever in a library, he just loves it. After lunch we cooked and baked, 'fridge bottom soup' currently in the slow cooker. Stiff starter started for a loaf of bread, lemon & lime jelly for Pickle's puddings (he's currently suffering from a terrible cold & sore throat, so jelly is definitely called for) and a chocolate cake for the parental visit this week.
    Left over chicken curry for tea for both of us and, since the Pickle went to bed, I've 'cleaner proofed' the house. I just need to put the recycling out tomorrow morning.

    Just 1 day of the 1p a day challenge done, but a slightly bigger tally tidy to 'Step 2' of the plan.

    My bank account switch has started, I've applied for and successfully achieved a reward credit card, and I've applied to transfer my isa to a different bank. I've had my current account since 1995, and I'm getting nothing for it (I did get an additional £120 when I first opened my isa), so I've resolved to become a mse tart.
    I am closing all the accounts with my current bank, but I'm going to keep the credit card as it has a 'I could buy a car' credit limit, should I ever need such a thing.

    Just waiting for the mortgage balance to update now, then I'll fix for the next (and hopefully last) time.

    Tomorrow is a mega food shop which I'm hoping will see us through until the end of the month. My supermarket says £102, my ynab pot has £100 in it, and I want to come in significantly lower - bring on the challenge.

    mse March Goals

    1) Mop Pot
    Target 1: next brick on the countdown house
    £50.97/£50.97
    Target 2: monthly interest payment
    £13.52/£13.52
    Target 3: mfw March target
    £145.51/£145.51
    Target 4: new 2018 target (to catch up on January's low payment)
    £7.34/£7.34
    Extra.....£797.15
    Total: £1014.49

    2) Emergency fund growth
    £250/£150 . (Due to a bit of 'wamming' this is now 'full' at £2k)

    3) nsds
    12/16

    4) 1p a day challenge
    27/31

    5) save the £2 coins (update monthly)

    6) get in size 14 jeans (update monthly)
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Jan 18 14/100 Feb 15/100 March 18/100 April 19/100 May 20/100 June 21/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 £1600ish/£2,500
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 20th Mar 18, 3:46 PM
    • 1,474 Posts
    • 7,053 Thanks
    wishingthemortgaheaway
    Today is not a nsd, but, I have finished spending for today and, as I've got a friend round later, I'm doing my update now and will catch up on diaries later.

    Today was 'shop for food for the next two weeks' day.
    My supermarket had estimated (at Mr M's) that shopping would be £110. It was looking like £102, but hubby requested 'snack food.'
    A combination of Ald1 and MrM's led to the most expensive shop I've done in a while £92. But, that's for full meals (hubby home & my parents coming to visit) until the end of the month. when I got home, I split some of the meat packs up into smaller portions so they'll do more meals in the long run. There is £8 left in the grocery budget and £6 in the household goods pot - it looks like we'll be squeaking through to the 31st.

    1 day of the 1p a day challenge done.

    And.. an email from work today saying I'm getting a Work credit card so I don't have to keep spending out and waiting months for reimbursement.
    This means I'll reduce my expenses slush fund to £50 (when I get expenses back at the end of April) and put the other £150 into the 13step plan. - I will still have small amounts of incidental expenses to pay out for, but hopefully the £50 will cover it.

    mse March Goals

    1) Mop Pot
    Target 1: next brick on the countdown house
    £50.97/£50.97
    Target 2: monthly interest payment
    £13.52/£13.52
    Target 3: mfw March target
    £145.51/£145.51
    Target 4: new 2018 target (to catch up on January's low payment)
    £7.34/£7.34
    Extra.....£797.15
    Total: £1014.49

    2) Emergency fund growth
    £250/£150 . (Due to a bit of 'wamming' this is now 'full' at £2k)

    3) nsds
    12/16

    4) 1p a day challenge
    28/31

    5) save the £2 coins (update monthly)

    6) get in size 14 jeans (update monthly)
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Jan 18 14/100 Feb 15/100 March 18/100 April 19/100 May 20/100 June 21/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 £1600ish/£2,500
    • DrSpendLittle
    • By DrSpendLittle 20th Mar 18, 7:10 PM
    • 293 Posts
    • 1,026 Thanks
    DrSpendLittle
    Good news on the work CC, Wish! I used to have a fuel card and it was amazing, especially compared to the first few months at the company when I spent huge amounts of my take home pay on fuel.

    MOP pots looking good! Enjoy your evening
    Since 1st September 2017
    CC1: £paid off/£1,253.73 | CC2: £2,529.99/£9,124.15 | CC3: £paid off/£312.34 | Car Finance: £1,263.28/£1,894.92
    Emergency Fund: £329.81/£500 (65.96%) | Total Debt Repayments: £5,359.34/£12,585.14 (42.58%) | LBM Debt Exposure: £13,915.17 | Average Monthly Repayment: £836.17 | Outstanding Debt: £7,225.80 | DFD: 30/09/18
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