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
    • kirtsypoos
    • By kirtsypoos 22nd Jan 17, 3:05 PM
    • 2,521Posts
    • 10,329Thanks
    kirtsypoos
    Payment A Day Chapter 18
    • #1
    • 22nd Jan 17, 3:05 PM
    Payment A Day Chapter 18 22nd Jan 17 at 3:05 PM
    *The principles of PADding*

    Emily Hallett started a fantastic thread called 'a payment a day' which you can find via going to this webpage (sorry it won't work for me right now)

    The thread is extremely supportive and friendly, with lots of madness and smileys to boot! It is ever increasing, which is why having hit 200 pages, challenge is continuing on a brand new thread.

    The principle of the idea is that you pay any extra money you have against a debt to clear it a little bit quicker. Not everyone makes a daily payment, but instead they save money to make a lump sum at the end of the month. You can do it anyway you want to, but join the thread and let us know how you are getting on.

    Some PaD-ers have cleared their debts and are now focusing on saving following the same principal, so they still post on the thread. Anyone is welcome to join in at anytime.

    Best wishes to everyone

    PS. Here are the rules


    *The Rules*
    1) To assist the monthly 'counter-upper' please post your PaD in Bold, colour, large, or all three
    2) Once you join, you cannot leave

    Total for our Latest Month (May 2016) was:
    £11,278.15 (Thanks Bobarella for being Mays counter Upper )
    June 2016:
    £27,734.49
    July 2016:
    £24,284.13
    August 2016:
    £30,740.14
    September 2016:
    £27,504.99
    October 2016:
    £14,546.08
    November 2016:
    £7,661.39
    December 2016:
    £4541.33

    Total for 2016
    £240,681.72


    January 2017 - Huge thank you to Keedie for keeping tabs
    £13,746.74

    Feb 2017 - Keedie doing the honours
    £7,930.50

    March 2017 - Huge thanks to Mandz
    £15,192.39
    Last edited by kirtsypoos; 02-04-2017 at 11:20 AM.
    £1500/3000 OH BC(50% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £1500/31010.23 (79.52% paid)
    Mortgage - £164,500.00 (O/P £469.96 so far) PAYDBX 17 #006 - £13039.71/£10000 Make£10 £194.58
Page 3
    • sashybo
    • By sashybo 26th Jan 17, 8:27 PM
    • 2,227 Posts
    • 17,448 Thanks
    sashybo
    Hi all, the usual £1 for me today.

    Have added the new debt onto my signature for the loan we took out for the car. Still gutted that's it's jumped back up so much when it only recently went under 9k.
    Success is not final, failure is not fatal: it is the courage to continue that counts.

    PAD started 27/01/09 - £7953 extra paid off debt. Total Debt paid off £40,271.16
    Loans 1 & 2 £7012.23, Car loans £25,500,
    • LittleMissDetermined
    • By LittleMissDetermined 27th Jan 17, 5:50 AM
    • 1,547 Posts
    • 6,063 Thanks
    LittleMissDetermined
    Morning everyone

    Payday has finally arrived so I've paid a load of bills and moved some money to savings, total PAD for me today is £1250 please Keedie

    I'm away quite a bit in Feb so won't be able to PAD every day so hoping this will compensate

    LMD xx
    Target Debt Free Day 27th Jun 2018
    Life gets in the way...PADding is addictive... Saving's better than spending...

    £1000 EF Challenge #142 £1005.62/£1000 ... 3-6Mth Wages Challenge #4 £1350 /£7129...
    24 23 22 21 20 19 18 17 16 15 months of Debt-busting to go...
    • swimminginaseaofdebt
    • By swimminginaseaofdebt 27th Jan 17, 7:16 AM
    • 465 Posts
    • 2,513 Thanks
    swimminginaseaofdebt
    Morning all,

    A mighty £1 has been paid to the credit card today
    NSD Apr - 4/12
    ,
    Pay all debt off by Christmas 2017 #150 - £1111.84/£3729.05
    ,
    6 month challenge #65 - £35.41/£9000
    ,
    SPC10 #564
    • erin_transport
    • By erin_transport 27th Jan 17, 8:21 AM
    • 120 Posts
    • 596 Thanks
    erin_transport
    Morning!!

    £5.00 to savings
    £2.20 to cc1

    £7.20 PAD for me👍👍
    • kirtsypoos
    • By kirtsypoos 27th Jan 17, 10:24 AM
    • 2,521 Posts
    • 10,329 Thanks
    kirtsypoos
    Morning PADdingtons!

    £10 for me today please Keedie
    £1500/3000 OH BC(50% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £1500/31010.23 (79.52% paid)
    Mortgage - £164,500.00 (O/P £469.96 so far) PAYDBX 17 #006 - £13039.71/£10000 Make£10 £194.58
    • Keedie
    • By Keedie 27th Jan 17, 11:26 AM
    • 230 Posts
    • 992 Thanks
    Keedie
    Morning All,

    For the 26th January 2017, we had a great total of £644.70

    We are doing fantastically so far this month, and I am pleased that once a few direct debits come out I'll finally be able to PAD and contribute before the month ends...

    Especially as I had to increase my debt also Sashybo (so I know how it feels), to take into account no income as the JCP stopped all my JSA because I worked part time for 5 weeks (absolutely fair enough), but I gave them all of the information to show that I had finished this temporary role, and they didn't input it into the system and so I had no income at all (I don't qualify for tax credits because of what I earned last tax year). It took over a month to get this sorted, as I have had nothing coming in since Christmas. Also, my housing benefit was reassessed whilst I was working, and despite also telling them that I was no longer working again, they have processed my claim until the end of the tax year (as if I am in employment) and told me that I've been overpaid HB by hundreds. So still trying to sort that out as well - hence the debt once again spirals out of control. I need to get healthy ASAP so that I can work full time, as this limbo feeling is really scary.

    Sorry for the rant, but after calling a few times a week for over a month, I was finally told that a payment would reach me today for JSA. But the person I spoke to implied that it was all my fault! (for working on a temporary contract) I don't believe in benefit fraud, but I can see why people are driven to work and claim benefits as the hassle I have just been through, for 5 weeks work at 12 hours a week is just a joke...

    Keedie,
    xx
    LBM 27/06/16 = £24,140.60 (7 creditors) BUT on 28/03/2017 = £13,726.41/£24,140.60 (5 creditors) = 56.86% repaid
    Aiming to be Debt Free = 31/12/2020
    • sashybo
    • By sashybo 27th Jan 17, 11:42 AM
    • 2,227 Posts
    • 17,448 Thanks
    sashybo
    Another £1 to the loan today.

    Keedie that sounds like a nightmare. The DWP processes are so slow & over complicated. Hope you're better soon.

    At least we're all aware of & working towards reducing our debts (even when we need to temporarily increase them). I think that's a good start.
    Success is not final, failure is not fatal: it is the courage to continue that counts.

    PAD started 27/01/09 - £7953 extra paid off debt. Total Debt paid off £40,271.16
    Loans 1 & 2 £7012.23, Car loans £25,500,
    • Bobarella
    • By Bobarella 27th Jan 17, 2:20 PM
    • 10,289 Posts
    • 65,989 Thanks
    Bobarella
    £16 today to take me under £400 in time for the weekend!
    "You're not rich until you have something money can't buy."

    Debt neutral 27/03/17 from £40k in the hole 2012.
    Roadkill 17 £52.96 2016-£62.28 2015- £84.20)
    RYSAW17 £1530.02 2016 £2,535.16 2015 £1027.20
    • Chappie77
    • By Chappie77 27th Jan 17, 2:46 PM
    • 67 Posts
    • 375 Thanks
    Chappie77
    Hi all!

    A small PAD of £10.16 today

    Chappie x
    Payment a Day 2017 £459.70/£459.70 Argos Card
    £1155/£1606.17 Barclaycard
    Saving for Xmas 2017 #71 £134/£365
    Virtual Sealed Pot 2017 #13 £184.08/£500
    PAYDBX2017 #67 £2386.18./£5500
    • sashanut
    • By sashanut 27th Jan 17, 5:00 PM
    • 2,417 Posts
    • 23,065 Thanks
    sashanut
    Hi all

    My PAD is £45.99 - pmt to M&S cc - thanks Keedie!!
    New start JAN15 - NOT BUYING IT 2015 . Long haul DFW #145 : 2011 DEBTBUSTING : £5500 OD GONE, £2000 OD - GONE £93,610.30 cc & loan debt - GONE 27.6.14 FINALLY DEBT & MORTGAGE FREE
    • mandz1
    • By mandz1 27th Jan 17, 6:41 PM
    • 2,395 Posts
    • 10,309 Thanks
    mandz1
    £7.89 to cc please
    PAD Maker
    SPC 570
    • LittleMissDetermined
    • By LittleMissDetermined 28th Jan 17, 8:05 AM
    • 1,547 Posts
    • 6,063 Thanks
    LittleMissDetermined
    Morning!

    My PAD today is a regular BC payment of £255.94 please Keedie

    LMD xx
    Target Debt Free Day 27th Jun 2018
    Life gets in the way...PADding is addictive... Saving's better than spending...

    £1000 EF Challenge #142 £1005.62/£1000 ... 3-6Mth Wages Challenge #4 £1350 /£7129...
    24 23 22 21 20 19 18 17 16 15 months of Debt-busting to go...
    • swimminginaseaofdebt
    • By swimminginaseaofdebt 28th Jan 17, 8:13 AM
    • 465 Posts
    • 2,513 Thanks
    swimminginaseaofdebt
    Morning all,

    Another £1 has been paid to the credit card today.
    NSD Apr - 4/12
    ,
    Pay all debt off by Christmas 2017 #150 - £1111.84/£3729.05
    ,
    6 month challenge #65 - £35.41/£9000
    ,
    SPC10 #564
    • erin_transport
    • By erin_transport 28th Jan 17, 8:54 AM
    • 120 Posts
    • 596 Thanks
    erin_transport
    Hi

    £5.00 to savings for me today.
    • mandz1
    • By mandz1 28th Jan 17, 9:29 AM
    • 2,395 Posts
    • 10,309 Thanks
    mandz1
    £4 to cc again please
    PAD Maker
    SPC 570
    • Erme
    • By Erme 28th Jan 17, 9:45 AM
    • 3,565 Posts
    • 21,341 Thanks
    Erme
    Evening,
    Love the new thread, a tiny £2 for me please, am really struggling now so may only be coppers from now until payday.
    Big thanks to all who run the thread
    Xx
    Originally posted by dreamingofmoney
    This is perfectly ok and nothing to be ashamed about DOM so for this I present thee with a virtual latte as it's freezing here this am :P


    Morning All,

    For the 26th January 2017, we had a great total of £644.70

    We are doing fantastically so far this month, and I am pleased that once a few direct debits come out I'll finally be able to PAD and contribute before the month ends...

    Especially as I had to increase my debt also Sashybo (so I know how it feels), to take into account no income as the JCP stopped all my JSA because I worked part time for 5 weeks (absolutely fair enough), but I gave them all of the information to show that I had finished this temporary role, and they didn't input it into the system and so I had no income at all (I don't qualify for tax credits because of what I earned last tax year). It took over a month to get this sorted, as I have had nothing coming in since Christmas. Also, my housing benefit was reassessed whilst I was working, and despite also telling them that I was no longer working again, they have processed my claim until the end of the tax year (as if I am in employment) and told me that I've been overpaid HB by hundreds. So still trying to sort that out as well - hence the debt once again spirals out of control. I need to get healthy ASAP so that I can work full time, as this limbo feeling is really scary.

    Sorry for the rant, but after calling a few times a week for over a month, I was finally told that a payment would reach me today for JSA. But the person I spoke to implied that it was all my fault! (for working on a temporary contract) I don't believe in benefit fraud, but I can see why people are driven to work and claim benefits as the hassle I have just been through, for 5 weeks work at 12 hours a week is just a joke...

    Keedie,
    xx
    Originally posted by Keedie
    Really feel for you here Keedie

    Benefits never being secure (even 10 years ago when labour were in power) was my motivation to get debt free. Even back in the day when benefits were excellent for me and my peers I knew it wasn't always going to be the case - hence I started debt busting...

    Please don't lose heart and know we all care and are here for you keedie -

    Huge hugs

    E

    I believe in the power of PAD
    Come and join us on the Payment a Day thread


    • sashybo
    • By sashybo 28th Jan 17, 11:42 AM
    • 2,227 Posts
    • 17,448 Thanks
    sashybo
    Hi all, £6 to the loan today as got some cash back money through from TCB.
    Success is not final, failure is not fatal: it is the courage to continue that counts.

    PAD started 27/01/09 - £7953 extra paid off debt. Total Debt paid off £40,271.16
    Loans 1 & 2 £7012.23, Car loans £25,500,
    • Keedie
    • By Keedie 28th Jan 17, 11:50 AM
    • 230 Posts
    • 992 Thanks
    Keedie
    Morning All,

    The total for 27th January 2017 was an absolute whopping PAD of £1,349.24! Well done everyone (and great PAD LMD).

    Thanks for the support everyone, it is hard at the moment, but I am plodding along. I know that being on benefits will only get harder Erme, and it is scary. But I discussed it all with my psychotherapist and GP and they've made me realise that I can't compromise my health to rush into unsuitable work. As then I'll become very ill and I'll be unable to work at all . So I am still looking for a part time job, but those that don't involve a lot of travel of shorter hours but everyday in an office are a bit hard to find, but something will come up...
    Last edited by Keedie; 29-01-2017 at 2:27 AM. Reason: I can't tell what day it is! lol
    LBM 27/06/16 = £24,140.60 (7 creditors) BUT on 28/03/2017 = £13,726.41/£24,140.60 (5 creditors) = 56.86% repaid
    Aiming to be Debt Free = 31/12/2020
    • kirtsypoos
    • By kirtsypoos 28th Jan 17, 12:07 PM
    • 2,521 Posts
    • 10,329 Thanks
    kirtsypoos
    Morning all,

    £10 for me today please

    Keedie, as hard as it is in the meantime, you are making the right decision in the long run - you have to prioritise yourself and make sure you go for the right job for you
    £1500/3000 OH BC(50% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £1500/31010.23 (79.52% paid)
    Mortgage - £164,500.00 (O/P £469.96 so far) PAYDBX 17 #006 - £13039.71/£10000 Make£10 £194.58
    • LittleMissDetermined
    • By LittleMissDetermined 28th Jan 17, 12:41 PM
    • 1,547 Posts
    • 6,063 Thanks
    LittleMissDetermined
    Morning All,

    The total for 28th January 2017 was an absolute whopping PAD of £1,349.24! Well done everyone (and great PAD LMD).

    Thanks for the support everyone, it is hard at the moment, but I am plodding along. I know that being on benefits will only get harder Erme, and it is scary. But I discussed it all with my psychotherapist and GP and they've made me realise that I can't compromise my health to rush into unsuitable work. As then I'll become very ill and I'll be unable to work at all . So I am still looking for a part time job, but those that don't involve a lot of travel of shorter hours but everyday in an office are a bit hard to find, but something will come up...
    Originally posted by Keedie
    Keedie today is the 28th!
    Target Debt Free Day 27th Jun 2018
    Life gets in the way...PADding is addictive... Saving's better than spending...

    £1000 EF Challenge #142 £1005.62/£1000 ... 3-6Mth Wages Challenge #4 £1350 /£7129...
    24 23 22 21 20 19 18 17 16 15 months of Debt-busting to go...
Welcome to our new Forum!

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

Forum Team Contact us

Live Stats

2,882Posts Today

8,707Users online

Martin's Twitter