1. That’s such a tidy report πŸ™‚ Is the 20% mortgage the interest only, or the P&I? Either way, great work!

    I know how you feel about the bathroom. We need a new toilet, and have since we moved in three years ago… I’ll get to it, I swear… I just don’t to do the toilet and leave the rest of it with the ugly granny colour scheme :p

    • pia

      It’s P&I. I have to admit I never even knew you could do interest only till recently. That said, I do hope I never have to make the hard decision whether or not to stay P&I or just pay interest only. I want to get rid of this mortgage asap!

      And yes, that’s precisely it. If I have to replace most of the fixings (it’s the sink, toilets, showerhead and all the tapware for me too) then I’m going to do it properly so I can at least feel happy about the whole thing. But still, 25k!!!

  2. I was surprised to find out how much teachers spend on essentials for their students. It’s a huge out of pocket expense. And it drives me crazy when people justify it by saying “oh, its tax deductible.” Well yes, but it’s still costing them 60% to buy things that should be supplied.

    We had our bathroom done 4 years ago, and I really do still appreciate not walking into the peach and brown colour scheme of old!

  3. J @ Hey, It's Just Money!

    June was a month of wins for you, congratulations! That interest rate reduction is so good, well done! You’ll be mortgage-free sooner. πŸ™‚

    Speeding fines aren’t cheap. My partner used to get a few in a year (Victoria makes a lit of money from speeding fines) but he started driving slower because he realised how much money he’s wasting.

    How was your stay in Melbourne, btw? I hope your not-carpal-tunnel is getting better. I also hope it doesn’t hurt to the point that you can’t sleep at night (my SIL has it and she said it’s super painful that she stays up all night unless she takes pain killers).

    • pia

      Ah thank you! And yes, that is indeed the plan – to be mortgage free sooner. As soon as I can, really!

      I think all our oz states make a ton from speeding fines. When I used to live in Vic, I got hit with parking fines a lot. This was my first speeding fine in over 10 years of driving, hopefully my last. I once got hit with a red light fine too (I was behind a bus and couldn’t see the lights coz of the bus and assumed wrong). Now that was a crazy expensive fine. It was nearly $600!!

      Melbourne was great. We used to live in Melbourne for about 10 years before moving away so it’s always great to go back and see how the city has grown. My not-carpal-tunnel isn’t as bad it used to so no more pains at night but it has its good days and its bad days. It’s argh!

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