Tag Archives: How to Live Mortgage Free

Entertaining cheaply

We don’t go out much – it’s so expensive!! When we see friends we usually eat in. Tonight I have ‘the girls’ round. We do this every couple of months and take it in turns to cook.

I am trying to save as much money as I can for our holiday next month, so I won’t be going crazy with the expense. I am also at work all day so I won’t have a great deal of time!! On the menu we have butternut squash soup with crusty baguettes (made last night. The baguettes are the bake at home variety so I shall do those later); Jamie’s chicken tray bake (I make this a lot and it is reliably delicious and quick to prepare) with some sugar snap peas and broccoli; fruit salad and cream (I am still off the sugar).

I have a bottle of Prosecco in the fridge from my birthday and everyone will bring wine anyway. I also have some nibbles from Lidl to kick things off. OK, so it’s not Cordon Bleu, but it will be fun!!

I hope I’m not too bleary eyed as I have promised to drive my daughters to a boot sale on Saturday morning. I am doing well with my eBay sales, which all helps the holiday fund along.

Did anyone who is based in the UK watch ‘How to Live Mortgage Free’ on Channel 4 a couple of nights ago? I thought it was very interesting. There was a young lady who bought the shell of a boat and converted it into a house boat so that she could remain living in London – this cost her £33,000 in all, a chap who had purchased an old tin chapel with £50,000 cash from the sale of his previous home and a young family who had lived a super frugal existence for 8 years to pay their £240,000 odd mortgage off quickly, thus saving themselves around £200k in interest charges!!

I wish I had considered that paying off the mortgage early was even a thing when I was younger. I fell into the trap of thinking I had to move onwards and upwards, seeing each house as a step towards a bigger and better house and re-mortgaging many times to make home improvements. It was what everybody else was doing and it never occurred to me that there was a better way.  I will pay my current small mortgage off as soon as I can but I can’t help having a few regrets about my previous lack of financial education. Still, I am making up for it now!!

I really admired the creativity and determination of those featured and can’t wait for the next one.