Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    mf0u1098
    The "Pay ALL your debt off by Xmas 2012" challenge - PART 3!!!
    • #1
    • 3rd Apr 12, 9:16 PM
    The "Pay ALL your debt off by Xmas 2012" challenge - PART 3!!! 3rd Apr 12 at 9:16 PM
    Hey everyone, it's me again!!!

    On 15th November 2011 I created a challenge to pay off all my debts by Xmas 2012. Along the way I am proud to have been joined by over 300 wonderful people who all have the same goal in mind, to be debt free by Xmas 12.

    So far, we have have pledged to pay off over £3million and have so far already paid off over £300,000 in just 19 weeks which is phenomenal.

    On the next few posts are the lists of all our lovely members and their totals paid off versus what they started the challenge with. Don't worry about working out the % as I can do this for you, although I will put how you can work them out for yourself on one of the next few posts!

    We also have a weightloss challenge on this thread as well as a mini weekly challenge run by our lovely Kerri_DFW. Kerfuffle (thank you! x) has been compiling these challenges and I have put them one of the next posts.

    There is also an information post where you can get tips on what the lingo is on here as well as help on Snowballing, creating signatures and subscribing to a thread. In addition we have a post showing our monthly grand totals and a running total for how much we've paid off so far in the challenge.

    One of the best posts is our very own DFBX12 Roll of Honour post. Two of our members have already achieved debtfreedom and are an inspiration to us all. This has led to a new savings challenge post so that new debt free'ers can keep focused to start saving with the support of everyone on here so they are far less likely to go back to their old bad habits.

    Anyone is welcome to join this challenge and it is NEVER too late. There is also no amount of money too small or too large that will stop you from joining this challenge. We have severals members who will be on their debt journey for several years to come but they are part of this thread to pay off a fixed amount of their debt as the support on here is fantastic!

    I am so immensely proud of everyone on here. I feel incredibly humbled to have started something that has helped change people's lives. BUT it is the people on here that have made this challenge a success and it would be nothing without the input, support, kindness and humour of all our members. We are from all different walks of life and we have got into debt many different ways but noone is EVER judged and it really has a family feel to it.

    So, if you think you can pay off all your debts by Christmas or have a goal to pay off a certain amount then please join in!

    I usually update every couple of days so please be patient waiting for your number but it's not necessary to have one to be a member, just get stuck in and start posting!!!

    Good luck everyone and I hope you like PART !!!

    Here are the links to Part1 and Part2 if you want to get a feel for what we are all about...

    Jemma xxx
    New Debt Journey: Pay off £19,622.91 by 30th April 2015

    Debt at Highest: £43,073
Page 82
    • FREEZ
    • By FREEZ 22nd May 12, 4:25 PM
    • 973 Posts
    • 1,162 Thanks
    FREEZ
    Happy Birthday Fritterprincess!!!

    My minimum amount on the cc hasn't gone out...I paid £100 extra off as usual on pay day (15th) and the payment usually goes on 22nd even when I've paid out the extra before but now it hasn't...Maybe minimum payment is now under £25 and that's why they are not taking it anymore.
    Bit tight this month though so might just leave it and use it to buy these shoes I really want...
    Originally posted by tirlittan
    I'd check later tonight or tomorrow, as the 22nd is today. The min payment should still go out, if it doesn't then i'd ring them so you don't get any nasty charges
    • mrso2b
    • By mrso2b 22nd May 12, 4:39 PM
    • 303 Posts
    • 1,312 Thanks
    mrso2b
    Been using the snowball calculator – it's really motivating! Although it's going to take me longer than the end of this year to clear my debts L But it's good to show where the majority of the money should be paid to. I was trying to clear my biggest debt first when actually it told me to focus on the smaller one.

    Paid £100 off the Barclaycard (minimum payment plus rounded up to the nearest £10).

    152 mrso2b £1,768.29 / £12,000
    • mrso2b
    • By mrso2b 22nd May 12, 4:41 PM
    • 303 Posts
    • 1,312 Thanks
    mrso2b
    Happy Birthday Fritterprincess!!!

    My minimum amount on the cc hasn't gone out...I paid £100 extra off as usual on pay day (15th) and the payment usually goes on 22nd even when I've paid out the extra before but now it hasn't...Maybe minimum payment is now under £25 and that's why they are not taking it anymore.
    Bit tight this month though so might just leave it and use it to buy these shoes I really want...
    Originally posted by tirlittan
    Which CC is it? I had this issue with Barclays. I made an overpayment and then they didn't take the minimum by direct debit. Very annoying and I told them so too! I said I'm trying to clear this as fast as possible yet you aren’t helping! In the end I cancelled the DD and I make the payment manually every month.
    • camuk81
    • By camuk81 22nd May 12, 4:51 PM
    • 1,551 Posts
    • 4,311 Thanks
    camuk81
    Same here. All my have been called and explained as I want to overpay or make ad-hoc payments all barr one said they couldn't do that and they said they would have a problem on the system with it
    • psychopathbabble
    • By psychopathbabble 22nd May 12, 4:51 PM
    • 5,578 Posts
    • 38,558 Thanks
    psychopathbabble
    Bcard are the only ones for me that don't take the min payment if you make a manual payment beforehand.
    Became Mrs Scotland Jan 2016 : Got the keys to our very own home on 26.02.16


    Proud to be a member of Mike's Mob Lil' sis of SB, Poo and Matymoo
    OU: BSc Hons Open 2:1
    • jakes-mum
    • By jakes-mum 22nd May 12, 4:54 PM
    • 4,139 Posts
    • 40,028 Thanks
    jakes-mum
    decided to declare some payments off my OD's

    so £50 off DH's OD (making that £250 left to declare )
    and £100 off my OD 9making that £900 left to declare as its looking so healthy )

    New total is:


    #16 £4226.62/£8806.89 47.99%
    SPC No 002 SPC(3) £285/£250 (4) £519.84/£500 (5) £768.32/£500 (6) £911.30/£600 (7) £913.23/£600 (8) £1184.82/£750 (9) £0/£750
    Total Wins Of 2012 = £3015.03 Wins Of 2013 = £4427.11 Wins of 2014 = £2361.97 Wins of 2015 = £1754.90 Wins of 2016 £267.98
    • Barbeduk
    • By Barbeduk 22nd May 12, 4:55 PM
    • 823 Posts
    • 7,150 Thanks
    Barbeduk
    Just made a payment of £90 to DH's CC:

    #084 £8591 / £58000

    Payday on Friday
    Originally posted by SpagBol

    No 149 Camuk Quick update £8012.99 paid off new total paid off 56.20%
    Originally posted by camuk81
    Blimey, you've both paid off more than £8k!

    Happy birthday fritterprincess
    June GC £288.01/£400
    • camuk81
    • By camuk81 22nd May 12, 4:58 PM
    • 1,551 Posts
    • 4,311 Thanks
    camuk81
    See what you do for us, Inspiration!

    Oh small sub note plastic bags on top of microwaves don't go well! Off to go get a new microwave as mother in law just blown ours up!
    • jakes-mum
    • By jakes-mum 22nd May 12, 5:02 PM
    • 4,139 Posts
    • 40,028 Thanks
    jakes-mum
    See what you do for us, Inspiration!

    Oh small sub note plastic bags on top of microwaves don't go well! Off to go get a new microwave as mother in law just blown ours up!
    Originally posted by camuk81
    We learnt one christmas day that tv's on top of microwaves are also not a good idea , Jake said the flames coming from the back were very pretty though
    SPC No 002 SPC(3) £285/£250 (4) £519.84/£500 (5) £768.32/£500 (6) £911.30/£600 (7) £913.23/£600 (8) £1184.82/£750 (9) £0/£750
    Total Wins Of 2012 = £3015.03 Wins Of 2013 = £4427.11 Wins of 2014 = £2361.97 Wins of 2015 = £1754.90 Wins of 2016 £267.98
    • FREEZ
    • By FREEZ 22nd May 12, 5:08 PM
    • 973 Posts
    • 1,162 Thanks
    FREEZ
    Have to admit to a bit of a splurge today.
    Damn it why do debenhams have to have half price sale on Radley bags when they know how much i want one!!
    • camuk81
    • By camuk81 22nd May 12, 5:09 PM
    • 1,551 Posts
    • 4,311 Thanks
    camuk81
    Lol, It was the burning smell that gave it away, I thought it was gas!

    PS Has anyone else noticed a lot of cynical people on the DFW board today. Thought I was on the wrong page earlier

    PPS Because they know you want one
    • jakes-mum
    • By jakes-mum 22nd May 12, 5:21 PM
    • 4,139 Posts
    • 40,028 Thanks
    jakes-mum
    I rarely venture out onto the main board as I get a bit deflated by the amount of 'omg how can you be so stupid' type responses to some peoples threads

    Much prefer to cosy up here with my supportive mates
    SPC No 002 SPC(3) £285/£250 (4) £519.84/£500 (5) £768.32/£500 (6) £911.30/£600 (7) £913.23/£600 (8) £1184.82/£750 (9) £0/£750
    Total Wins Of 2012 = £3015.03 Wins Of 2013 = £4427.11 Wins of 2014 = £2361.97 Wins of 2015 = £1754.90 Wins of 2016 £267.98
    • camuk81
    • By camuk81 22nd May 12, 5:25 PM
    • 1,551 Posts
    • 4,311 Thanks
    camuk81
    Its was a post about credit ratings that stood out today, it makes me laugh when I see 80 odd people on the other boards and over 200 on these boards
    • mumof3plusoh
    • By mumof3plusoh 22nd May 12, 6:43 PM
    • 942 Posts
    • 8,612 Thanks
    mumof3plusoh
    I rarely venture out onto the main board as I get a bit deflated by the amount of 'omg how can you be so stupid' type responses to some peoples threads

    Much prefer to cosy up here with my supportive mates
    Originally posted by jakes-mum
    Totally agree Jakes-mum, it's scary out there.....
    [SIZE=2]SPC4 #1395 Aug 11 £135.75/£150
    SPC5 #1395 Shower fund used £13.60 31/7/12 Banked Farepack administrators cheque £301 19/10/12 £326.40 in the tin....TOTAL £641
    SPC6 #1395 Total £144.62
    from the lovely Sue. SPC7 # 051 Banked so far £100 TOTAL £142[/SIZE]
    [/COLOR][SIZE="4"]SPC8 #051 £46
  • Theatregal83
    I find it really inspirational to read all your posts! Hopefully I'll be debt free by christmas and will be able to celebrate my 30th with that thought!
    [SIZE="5"]Debt May £1,225 aim be debt free by December 2012DEBT FREE October 20th 2012[/SIZE]

    Goal
    Save £15,000 by 2015

    Current Savings £3,000 Premium Bonds
    • starnac
    • By starnac 22nd May 12, 8:47 PM
    • 5,128 Posts
    • 23,616 Thanks
    starnac
    Totally agree Jakes-mum, it's scary out there.....
    Originally posted by mumof3plusoh
    I once ventured off the DFW board onto a completely different one I ran home here a bit quick!
    Overdrafts £2067.26/£3000
    Emergency Savings £700/£1000
    Sealed Pot Challenge #307
    POAMAYC #32
  • nctmum
    I once ventured off the DFW board onto a completely different one I ran home here a bit quick!
    Originally posted by starnac
    I posted a reply to something on the credit cards board and someone else replied sarcastically "maybe your DFW signature should give you clue", which I thought was completely out of order. I'm sure some people trawl the boards being superior at someone elses expense.

    I like it here
    POMDB Xmas 2013 Board - Paid off £12k in 2012


  • nctmum
    PS not a very good month, here is my update

    #307 £4,635.54/£16,388.93
    POMDB Xmas 2013 Board - Paid off £12k in 2012


  • nctmum
    PPS

    I think its roughly half of credit card co's that count over payments towards the minimum, I seem to remember from an industry forum that nationwide do, bcard and MBNA dont. I keep the DD so I never get late charges, but then make a payment the same day that the DD goes out, so it counts towards that statement. Hope thats useful to someone x
    POMDB Xmas 2013 Board - Paid off £12k in 2012


    • camuk81
    • By camuk81 22nd May 12, 9:44 PM
    • 1,551 Posts
    • 4,311 Thanks
    camuk81
    I have one unhappy dog who has a form of baby oil on one ear and then craddle cap shampoo treatment on the other! If it saves money it's all better in the long term!
Welcome to our new Forum!

Our aim's to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

292Posts Today

1,430Users online

Martin's Twitter
  • I'm signing off for the evening. Have a wonderful weekend and try and say something nice to someone who voted the other way to you!

  • There's no crystal ball but if its the right house for you and you can afford the repayments - why not? https://t.co/3YMd7hTneJ

  • RT @dylcojones: @MartinSLewis your video posted this morning gave me a bit of hope that things might be ok!

  • Follow Martin