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The 'Extra Payment Every Week' Thread 2016

please-let-me-be-lucky
Posts: 10,202 Forumite


Welcome to 2016 and the 5th year of this thread!
The idea was conceived by inamin in 2012, continued by Betty Crumble in 2013 and then taken over by yours truly! In that time it has helped keep lots of us on track and clear thousands of extra debt £££££s.
SO, the idea of this is that we all make a decision to make ONE additional payment every week towards one of your debts. It doesn't have to be the same debt every week (although that may be a good idea if you have one that is more expensive than the others) and it can be for as much or as little as you like.
However, if it helps, then you are more than welcome change the focus from a debt to a savings goal, that's ok too!!
There is really only one rule and that is that the payment must be above and beyond your usual minimum or planned payments (so no taking it off your minimum and then paying less on the due date!!!! )
If you want to state your goal/debt in your first post then please do so, we like a bit of waffle
A signature line that states your amount that week, then cleared and added to your total at the end of the week so we can all see where we're at when we post is a good idea too. Personally, I've left previous years' totals on mine too, I love seeing that I've cleared over £2.5k in extra payments in the last 3 years using this thread!!
No amount is too small! Every little helps as they say in a certain blue supermarket! Where you find the extra money from is up to you!
Everyone is welcome and I look forward to having you on board.
Lucky Xx
The idea was conceived by inamin in 2012, continued by Betty Crumble in 2013 and then taken over by yours truly! In that time it has helped keep lots of us on track and clear thousands of extra debt £££££s.
SO, the idea of this is that we all make a decision to make ONE additional payment every week towards one of your debts. It doesn't have to be the same debt every week (although that may be a good idea if you have one that is more expensive than the others) and it can be for as much or as little as you like.
However, if it helps, then you are more than welcome change the focus from a debt to a savings goal, that's ok too!!
There is really only one rule and that is that the payment must be above and beyond your usual minimum or planned payments (so no taking it off your minimum and then paying less on the due date!!!! )
If you want to state your goal/debt in your first post then please do so, we like a bit of waffle
A signature line that states your amount that week, then cleared and added to your total at the end of the week so we can all see where we're at when we post is a good idea too. Personally, I've left previous years' totals on mine too, I love seeing that I've cleared over £2.5k in extra payments in the last 3 years using this thread!!
No amount is too small! Every little helps as they say in a certain blue supermarket! Where you find the extra money from is up to you!
Everyone is welcome and I look forward to having you on board.
Lucky Xx
If you haven’t already, join the forum to reply!
[purplesignup][/purplesignup]
[purplesignup][/purplesignup]
Debts @ LBM £23,729.31. Debts @ 08/04/2016 £0 :j
Best win so far - holiday to Florida
Best win so far - holiday to Florida
0
Comments
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Would love to join please for 2016There is always light at the end of the tunnel
I've got a long journey to reach it
But I will one day with a little help0 -
Welcome boobiebonboo! Awesome name
Xx
Debts @ LBM £23,729.31. Debts @ 08/04/2016 £0 :j
Best win so far - holiday to Florida0 -
Cheers thanyou:jThere is always light at the end of the tunnel
I've got a long journey to reach it
But I will one day with a little help0 -
Please can I join again this year?
I found the thread so motivating small or big payments all added up over the year.
I would like to improve on last year. I kept getting derailed by things I hadn't planned and budgeted properly for. Unexpected vet bills was one so now the furr ies have a kitty kitty also not adding in kennels and cattery into holiday budget. (how could I have overlooked that?)
Anyhow thank you for starting the new thread lucky and I look forward to 20160 -
Course you can join again pickle - it wouldn't be the same without you
!
Debts @ LBM £23,729.31. Debts @ 08/04/2016 £0 :j
Best win so far - holiday to Florida0 -
Hello again :hello: I'm sorry I vanished towards the end of last year- life got a bit on top of us for a while. Thanks, Lucky, for running this challenge again. It's amazing how those little bits add up. I'm signing up again and the extra payments are going towards a house deposit this year. Good luck to all taking part this year.MFW 2024 £27500/7500 Mortgage £129,500 Jan 22 Final payment June 38 Now £68489.08 FP May 36 Emergency Fund £20,000 100% Added to ISA 24 £8,060 Save 12k in 24 #31 £20,034.76/20,000 Debt Free 31.07.140
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Good to see you Flacos. Hope life is more settled again now XxDebts @ LBM £23,729.31. Debts @ 08/04/2016 £0 :j
Best win so far - holiday to Florida0 -
Thank you, Lucky. Things are starting to settle and I'm looking forward to 2016. Anyway, time to get things started so this week £1.81 from topcashback payout.MFW 2024 £27500/7500 Mortgage £129,500 Jan 22 Final payment June 38 Now £68489.08 FP May 36 Emergency Fund £20,000 100% Added to ISA 24 £8,060 Save 12k in 24 #31 £20,034.76/20,000 Debt Free 31.07.140
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please-let-me-be-lucky wrote: »Course you can join again pickle - it wouldn't be the same without you
!
Thank you Lucky.
Kicking off the new year with a £12.00 overpayment.
Can you believe I have an overpayment of my water bill?.. so they have reduced my direct debit by 11.60 per month!
Brilliant ..snowballing it into overpayments before it gets sucked into the budget again.0 -
Hi
Can i join please? I'd like to start with paying down my cc0
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