So I read somewhere that it can be motivational to see your house and the area of it that you own, kind of an us vs them or game to try to fill the whole house your colour.
I’ve decided to have a go and see how it works so each month I will update my house chart [...]
I was wondering today if I should pay off my mortgage early or consider doing something else with the money, such as paying more into my pension pot.
There are positives and negatives to both sides of the argument:
If I pay my mortgage off early I save lots in interest and free up the money that [...]
So I was thinking for my challenge I really need to think about some targets, both to keep me motivated, by giving me something to aim for.
I have already set my first target at aiming to reduce my mortgage to £120k by the time it comes up for renewal (Oct 2011), this would mean the [...]
Before anyone embarks on a finance decision or any decisions that will impact your finances they should produce a statement of affairs.
This is basically a budget of your current financial position, so you calculate your income, your outgoings, your assets and your debts. Its a bit like producing a set of accounts for a business, [...]