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  • FIRST POST
    mandz1
    A Payment A Day - Chapter 14
    • #1
    • 1st Jun 13, 9:32 AM
    A Payment A Day - Chapter 14 1st Jun 13 at 9:32 AM
    *The principles of PADding*

    Emily Hallett started a fantastic thread called 'a payment a day' which you can find here:

    Thread 1

    The thread was a huge success and was continued in 'A Payment a Day Parts 2-12'. 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 Thread 12 Thread 13

    The thread is extremely supportive and friendly, with lots of madness and smileys to boot! It is ever increasing, which is why the 2013 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

    *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:


    440,536.74

    373,295.71 in 2012

    2013 total:- 254,420.24

    2014 monthly totals


    January -73,659.55
    February -18,183.50
    March -16,550.92
    April -




    *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
    Last edited by mandz1; 01-04-2014 at 8:41 PM. Reason: Monthly update
    Debts: 1050, 3590
    Debt at May 2010:- 16,110.47
    Debt @ 4.5.15 -4,640
    Car Fund - 747.30
    Baby fund - 301.00
Page 1
  • Igamogam
    • #2
    • 1st Jun 13, 10:40 AM
    • #2
    • 1st Jun 13, 10:40 AM
    Kicking off June with814 to the nominated CC

    Last month I reduce one outstanding debt by 44% just through make PADs - I just round down the bank account each day and pay on line a nominated card - works wonders I rarely notice the 'extra' going out - only the fab reduction on the monthly bill
    Be the change you want to see -with apologies to Gandhi
    In gardens, beauty is a by-product. The main business is sex and death. ~Sam Llewelyn
    'On the internet no one knows you are a cat'
    • Time to face the music
    • By Time to face the music 1st Jun 13, 12:28 PM
    • 5,016 Posts
    • 35,904 Thanks
    Time to face the music
    • #3
    • 1st Jun 13, 12:28 PM
    • #3
    • 1st Jun 13, 12:28 PM
    Thanks to Mandz for starting this new thread and for posting all the 2013 totals so far and last but not least for being our fabulous, fantastic, counter upper for May

    And thanks to Igamogam for taking over the baton for June and being our new super duper counter upper

    Let's all hope it's a brilliant month for PADs


    I am starting off the month with a rounding down PAD of 11.67 to the NatWest OD. This now leaves us with 4 monthly payments and another debt will bite the dust at the end of September
    LBM 10/1/12 ~ DFW Start 6/2/12: 82,344 ~ Now Zero
    Debt free 17th April 2015
    Eternal thanks to the DMP & Mutual Support (no.439) and Payment a Day Threads
    Mortgage free 3rd July 2014 - Grateful thanks to the 2013/14 MFW threads
    "Debt is normal. Be weird!" Dave Ramsey
    Proud to have dealt with our debt
  • LunaLady
    • #4
    • 1st Jun 13, 7:11 PM
    • #4
    • 1st Jun 13, 7:11 PM
    Lovely shiny new thread

    Starting off with a payment of 10.00 please
    SPC #1813
    Addicted to collecting Nectar Points!!
  • jet9cat
    • #5
    • 1st Jun 13, 9:02 PM
    • #5
    • 1st Jun 13, 9:02 PM
    Hey there, fellow PADders, and good to see you all on chapter 14, duly saved to my favourites. Thanks to Mandz for sorting it all out and counting up last month.

    Well, the payday financial review shows I have a suspiciously large amount of money left in the current account before my pay went in. In part this is due to OH paying me back some money into the housekeeping fund that he owed but I also seem to have done better than I thought considering May was a low payday month. I don't trust that I won't need the money for something I've forgotten, though, so for the moment I've paid 200 into emergency funds.
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • sashanut
    • By sashanut 1st Jun 13, 11:28 PM
    • 2,019 Posts
    • 21,366 Thanks
    sashanut
    • #6
    • 1st Jun 13, 11:28 PM
    • #6
    • 1st Jun 13, 11:28 PM
    Hi all

    Popping in to PAD 5000.00 to tax saving a/c plz Igamogam - tkyou!! Starting as I mean to go on...tax bill due later this year

    Fantastic total for May - tks to Mandz1 for being a great counter-upper
    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
  • Buffythedebtslayer
    • #7
    • 2nd Jun 13, 12:08 AM
    • #7
    • 2nd Jun 13, 12:08 AM
    Found you!

    I have paid 100.37 to my BC card.

    am aiming to pay something somewhere each day.........but having just done my money for the month I have literally done my money!! so we shall see

    xxxx
    Sealed Pot Member 008
    Organiser of the 50p thread
    DEBT FREE as of 1/3/15
    • Time to face the music
    • By Time to face the music 2nd Jun 13, 7:24 AM
    • 5,016 Posts
    • 35,904 Thanks
    Time to face the music
    • #8
    • 2nd Jun 13, 7:24 AM
    • #8
    • 2nd Jun 13, 7:24 AM
    Good morning fellow PADders

    A little rounding down PAD of 8.33 to emergency fund today please Igamogam

    Have a super sunny Sunday everyone
    LBM 10/1/12 ~ DFW Start 6/2/12: 82,344 ~ Now Zero
    Debt free 17th April 2015
    Eternal thanks to the DMP & Mutual Support (no.439) and Payment a Day Threads
    Mortgage free 3rd July 2014 - Grateful thanks to the 2013/14 MFW threads
    "Debt is normal. Be weird!" Dave Ramsey
    Proud to have dealt with our debt
  • Igamogam
    • #9
    • 2nd Jun 13, 4:49 PM
    • #9
    • 2nd Jun 13, 4:49 PM
    Total for Saturday was a fantabulous................
    6035.67



    Sorry got carried away with font size
    Last edited by Igamogam; 03-06-2013 at 7:03 AM.
    Be the change you want to see -with apologies to Gandhi
    In gardens, beauty is a by-product. The main business is sex and death. ~Sam Llewelyn
    'On the internet no one knows you are a cat'
  • Igamogam
    2.90 to the nominated CC


    To all those who took part in Race for Life events to day and the coming weeks.........thank you
    Be the change you want to see -with apologies to Gandhi
    In gardens, beauty is a by-product. The main business is sex and death. ~Sam Llewelyn
    'On the internet no one knows you are a cat'
  • CariadsDream
    Can I chip in this month please x I find once started its addictive ive got a credit card of 299.99 on 0% till july so will do my damnedest to pay this off with bits n pieces earned and not spent started just now with 9.99/399.99-390 left.. oops lucky I checked as the bills 399.99 ...
    June groc chal-42/220.
    Slim world joined may 2013 -9lb June 2/14 NSD,0/10 LSD
    PAD 119.14/399.99 29.8%
  • mandz1
    Total for Saturday was a fantabulous................

    60356.67




    Sorry got carried away with font size
    Originally posted by Igamogam
    is that a mistake? 60 thousand???


    4 for me today
    Debts: 1050, 3590
    Debt at May 2010:- 16,110.47
    Debt @ 4.5.15 -4,640
    Car Fund - 747.30
    Baby fund - 301.00
    • InsertWittyName
    • By InsertWittyName 2nd Jun 13, 7:28 PM
    • 1,056 Posts
    • 4,898 Thanks
    InsertWittyName
    is that a mistake? 60 thousand???
    Originally posted by mandz1
    I did a double-take too!

    Should be 6035.67 I think, looks like Igamogam got carried away with 6's as well as the font size
    I was a DFW, now I'm a MFW
  • lotti379
    188.01 today

    Takes me under 1000 on the CC!!
    Obstacles are those frightful things you see when you take your eyes off your goals.
    NSD Challenge: Jan 10/10 16/15 Feb 3/12
    GC Challenge: Jan 174.94/100 Feb 22.69/160
    • sashanut
    • By sashanut 2nd Jun 13, 11:55 PM
    • 2,019 Posts
    • 21,366 Thanks
    sashanut
    Hi all

    Popping in to PAD 100 to ltsb cc plz Igamogam - tkyou!!
    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
    • Time to face the music
    • By Time to face the music 3rd Jun 13, 6:14 AM
    • 5,016 Posts
    • 35,904 Thanks
    Time to face the music
    Good morning fellow PADders

    A little PAD of 5.39 to emergency fund today

    Have a super day everyone
    LBM 10/1/12 ~ DFW Start 6/2/12: 82,344 ~ Now Zero
    Debt free 17th April 2015
    Eternal thanks to the DMP & Mutual Support (no.439) and Payment a Day Threads
    Mortgage free 3rd July 2014 - Grateful thanks to the 2013/14 MFW threads
    "Debt is normal. Be weird!" Dave Ramsey
    Proud to have dealt with our debt
  • Igamogam
    is that a mistake? 60 thousand???


    4 for me today
    Originally posted by mandz1

    Also got carried away with the decimal place Now corrected
    Last edited by Igamogam; 03-06-2013 at 7:04 AM.
    Be the change you want to see -with apologies to Gandhi
    In gardens, beauty is a by-product. The main business is sex and death. ~Sam Llewelyn
    'On the internet no one knows you are a cat'
  • CariadsDream
    Beautiful morning here in Wales again

    20.01 off my barclaycard this morning xx
    June groc chal-42/220.
    Slim world joined may 2013 -9lb June 2/14 NSD,0/10 LSD
    PAD 119.14/399.99 29.8%
  • mandz1
    20 for me today please igamogam
    Debts: 1050, 3590
    Debt at May 2010:- 16,110.47
    Debt @ 4.5.15 -4,640
    Car Fund - 747.30
    Baby fund - 301.00
  • LunaLady
    2.00 to my holiday fund today please Igamogam.

    Might be back with a bit more later.
    SPC #1813
    Addicted to collecting Nectar Points!!
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