A Payment A Day - The 2012 Challenge!
mooomin
Posts: 13,703 Forumite
*The principles of PADding*
Emily Hallett started a fantastic thread called 'a payment a day' which you can find here:
Thread 1
:T The thread was a huge success and was continued in 'A Payment a Day Parts 2-11'. Those threads can be found here:
Thread 2 Thread 3 Thread 4 Thread 5 Thread 6 Thread 7 Thread 8 Thread 9 Thread 10 Thread 11
:T The thread is extremely supportive and friendly, with lots of madness and smileys to boot! It is ever increasing, which is why the 2012 challengehas now been started.
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 :beer:
*The numbers*
To show how well we all do, the collective amount paid to each debt, per month, will be logged here. Look how amazing the totals are
In 2011 the People of PAD repaid towards their debts/savings a massive:
:j:j:j:j:j:j:j:j:j:j:j:j:j:j
:j£440,536.74 :j
:j:j:j:j:j:j:j:j:j:j:j:j:j:j
2012 Totals:
January: £51,890.82
February: £27,651.56
March: £41,266.31
April: £27,687.84
May: £42,887.71
*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
Emily Hallett started a fantastic thread called 'a payment a day' which you can find here:
Thread 1
:T The thread was a huge success and was continued in 'A Payment a Day Parts 2-11'. Those threads can be found here:
Thread 2 Thread 3 Thread 4 Thread 5 Thread 6 Thread 7 Thread 8 Thread 9 Thread 10 Thread 11
:T The thread is extremely supportive and friendly, with lots of madness and smileys to boot! It is ever increasing, which is why the 2012 challengehas now been started.
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 :beer:
*The numbers*
To show how well we all do, the collective amount paid to each debt, per month, will be logged here. Look how amazing the totals are
In 2011 the People of PAD repaid towards their debts/savings a massive:
:j:j:j:j:j:j:j:j:j:j:j:j:j:j
:j£440,536.74 :j
:j:j:j:j:j:j:j:j:j:j:j:j:j:j
2012 Totals:
January: £51,890.82
February: £27,651.56
March: £41,266.31
April: £27,687.84
May: £42,887.71
*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
0
Comments
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Happy New Year PADders0
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My first PAD of 2012 will be a small but perfectly formed £10
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Once the page loads up I will make my first pad of the year of £24.13MFW 2016 No 68 £1300/£8500 No new toiletries Cook sth different0
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Couldn't let you be a [STRIKE]SADder[/STRIKE] PADder on your own Fresian!!
£2 for my first PAD of 2012 please (sorry, can't remember who is counter-upper this month) to my £5k in 2012 goal.
Thank you Hopeful for being counter-upper for December and can't wait to see the total later
Happy new year everyone!!Mortgage at 12/07/2022 = £175,000
Mortgage today = £166,457.86
300 282 payments to go.House buyout fund £3,261.67/£40,000
Random Pick Fridays = £80.010 -
And another £2 because apparently it is me that is the saddest MSE wannabeMortgage at 12/07/2022 = £175,000
Mortgage today = £166,457.86
300 282 payments to go.House buyout fund £3,261.67/£40,000
Random Pick Fridays = £80.010 -
Howdy! Not joined in before but now seems as good a time as any, seeing as it's 1.30am and I'm still up and thinking about all my goals for the coming year. Will check bills and make a payment in more sociable hours. Thanks! xxWandered away from the MSE track for a while but am back and on a mission! Debts cleared nearly £18k. Now to start saving ...0
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Thanks Hopeful for being counter upper ,Thanks FF for shiny new thread.
Good luck to the new counter upper.
May all your dreams and wishes come true.For me may January wizz by as i find it a depressing month.
My pad this morning is £54MAKE £2022 in 2022 no 29 £2022/£434.10
Mortgage@ 1/1/2022 £17540 / £1601.39
pay all your debts by xmas 2022 £15000/ £1865.29
https://www.facebook.com/groups/680889456637403
you tube channel never too old0 -
£3.00 for me thanks:)Pay off debt by Xmas 2012 #172
SPC5 no 1541
January NSD 9/12
January GC: £56.48/£3000 -
Yay, shiny new thread!!! Nice work everyone and thanks to all involved in the previous thread.
Reporting for duty with a £1.89 PAD today please0 -
Happy New Year - I hope this is the year I will be debt free.
Kicking the year off with a £31.00 payment to Virgin please.Pay off all my debts before Christmas 2015 #165.0
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