to get sick of living for tomorrow rather than today

[CarrieDaBabi]

just get fed up with saving money,over paying morgage etc.
its bloody boring

just sold something i didn't need or want anymore on ebay for 200 quid, we where talking about what shall we do with it.
dh said overpay the morgage

we already over pay by 150 a month, you can overpay by 500.

i'm just sick of being boring and sensible so much.
ok we will pay the morgage off early etc
but we will still be older, dd will have grown up and left home and we will miss out imo, if you save too much.

what would you like to spend it on?

how about you spend half the £200 on something fun and pay the other half onto the mortgage?

live a little but still be boring sensible

Well how about £100 on the mortgae and £100 on a special treat for the family.

We've only just been able to start paying the full mortgage after being interest only for a couple of years so are now over paying like mad to make up for lost time.

you might be dead tomorrow, sod the mortgage

Why don´t you decide half on sensible thing (mortgage) and half on something Fun!

Gosh! Lots of like minds there.. we must be right

i agree make the minimum payment and live life to the max - you might be dead this time next year. Book a little short break somewhere.

As everyone is saying as I write this, split it, half on the mortgage, half on a fab day out somewhere or whatever? Life's far too short.

Riven do you have shares in iPhones or sometning

We overpaid the mortgage by about £300 a month for nearly a year. Guess how much the lump sum came down by?

Actually I can't remember the amount but basically it didn't come down at all.

DP phoned the mortgage people to ask about it and they explained how it works but I still don't understand it.

We now just pay the basic sum again as I'm not bloody scrimping and saving every month only to get the statement and find that we might as well have chucked it down the bin.

Buy what you like.

I sympathise. We have only just started to have a good income. Up till now we've just about got by - basics covered and a little bit extra. Now we have surplus cash but we need to move house. And I want to but.... it's nice to have extra to play with. And I know our pension provisions need looking at and I know we should have more savings..but .... I don't want to do those things!

horrible isn't it

we do this

if we don't overpay, we save

gets under your skin

It didn't, riven. I assumed it would but that's not how it works, on our mortgage anyway.

ie I thought if you overpay £500 then exactly £500 is removed from lump sum. But it isn't.

The sum did go down a bit but not by nearly as much as we overpaid. Also our date of paying off the mortgage hasn't changed, or the minimum payments. We'd have been as well just to spend the money. Or put it in a bank account (some hope).

'. Every year he tells me this will be our year, where everything will even out, the pressure will finally be off, and we'll have peace of mind and financial security...

Oh God yeah; we were almost there, at the point where we had a little more than enough

Then he got amde redundant

arrghhhhh

Of course no debts etc help but still....

I am another for pay half to mortgage ha;f for a treat

Saving is sensible up to a point. But I agree with you that today is just as important as tomorrow.

My parents were never very well off, but spent on holidays etc, much to the disapproval of some of the more..frugal members of the family. But by the time they actually had money my mum was very ill and was unable to enjoy it as much, so they were very glad they had "frittered" much of it on great memories and fun when they could

Why don't you think about an offset mortgage morris.

agree with Jooly joo: would like to see our parents spend the money on a jolly good retirement rather than pass it down

savers aren't rewarded anyway, and it's such hard work

Are you, in fact, married to my DH OP??? He is soooooooooooo sensible and boring. In many ways it's good that he plans and saves etc, but I am a bit fed up of always doing the 'right' thing and the 'frugal' thing. He is stressed as hell at the moment and really needs a holiday, but won't take a bit out of savings to have a nice week away.

Aye offset mortgage a good plan, am pg now though so won't be overpaying anybody but the ice cream van for a while I think.

You've only ever got today. You have to live for today.

If I had an unexpected £200.00 I would buy something that I have always fancied but thought ' No it's too expensive' whether it was a pair of sunglasses, handbag, a night away anything. You are already overpaying. Lighten up and do something mad!