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  • FIRST POST
    • kirtsypoos
    • By kirtsypoos 22nd Jan 17, 3:05 PM
    • 2,982Posts
    • 13,289Thanks
    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

    April 2017
    £18,117.88

    May 2017
    £12,909.60

    June 2017
    £15,548.01

    July 2017
    £10983.76

    August 2017
    £13,640.17

    September 2017
    £12303.59
    Last edited by kirtsypoos; 02-10-2017 at 12:41 PM.
    £450/3000 OH BC(85% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £450/31010.23 (98.54% paid)
    Mortgage - £161,950.00 (2017 O/P £1774.74) PAYDBX 17 #006 - £16241.98/14,539.71
Page 120
    • LittleMissDetermined
    • By LittleMissDetermined 8th Oct 17, 7:41 AM
    • 1,775 Posts
    • 7,363 Thanks
    LittleMissDetermined
    Just a small 58p to the piglet bank today please

    LMD x
    Target Debt Free Day 27th Jun 2019
    Life gets in the way...PADding is addictive... Saving's better than spending...

    £1000 EF Challenge #142 £1100/£1000 ... 3-6Mth Wages Challenge #4 £3545.87/£7129...
    24 months of Debt-busting to go...
    • TheMsTeal
    • By TheMsTeal 8th Oct 17, 9:01 AM
    • 100 Posts
    • 337 Thanks
    TheMsTeal
    Morning All! £5 to regular payment. Thanks.
    Debt Free Day Target: November 2018

    £2 Savers Club 2017: no 41
    • AdventureWanted
    • By AdventureWanted 8th Oct 17, 3:50 PM
    • 73 Posts
    • 277 Thanks
    AdventureWanted
    Hi, hope you’re all having a great weekend. Have paid £7.96 to CC1 today.
    LBM Aug 2017.
    CC1 - £4,090.00 / £5,185 1/8/17. CC2 - £7,403.00 / £13,470 1/8/17. CC3 - £11.060.00 / £11,400 1/8/17
    CC4 - £13,000.00 / £13,000 20/11/17

    1% challenge - 21%. PAD challenge - £533.11 (since 13/9/17)
    • jet9cat
    • By jet9cat 8th Oct 17, 5:34 PM
    • 1,320 Posts
    • 9,882 Thanks
    jet9cat
    Hi everyone, just popping on with the total for 7th October




    £362.04
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • erin_transport
    • By erin_transport 8th Oct 17, 6:03 PM
    • 290 Posts
    • 1,381 Thanks
    erin_transport
    Hi

    Great totals everyone!

    Just checking in with a TT of £4.54 to mortgage over payment
    On a mission!
    • cufc_mike
    • By cufc_mike 8th Oct 17, 9:43 PM
    • 209 Posts
    • 1,102 Thanks
    cufc_mike
    £15 off my cc today
    Credit Card: 1st Aug 2017 --> £1,371.04 NOW --> £864.70
    Make a Payment a Day: £213.51 in Aug, £167.55 in Sep, £125.28 in Oct
    Make £300 October Challenge: £402.05 / £500 (£1,206.50 since Aug '17)
    • sashanut
    • By sashanut 9th Oct 17, 12:14 AM
    • 2,536 Posts
    • 23,718 Thanks
    sashanut
    Hi all

    Popping in to PAD - £11.90 to M&S cc please Jet - thankyou!
    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
    • Florence J
    • By Florence J 9th Oct 17, 5:32 AM
    • 1,602 Posts
    • 9,077 Thanks
    Florence J
    £30 to Mr T CC
    £3.31 to Mr L CC
    Sealed Pot Challenge 10 #553 (£90) Wombling free 2017 = £1623.56 Pay off all your debts by Xmas 2017 #53 (£2953.21/£3000) Debt to OH paid back £1120.95/£1120.95
    October 2017 Credit Card Debt: £4163.86
    • LittleMissDetermined
    • By LittleMissDetermined 9th Oct 17, 6:58 AM
    • 1,775 Posts
    • 7,363 Thanks
    LittleMissDetermined
    Morning

    A PAD of £5.77 for me today please

    LMD x
    Target Debt Free Day 27th Jun 2019
    Life gets in the way...PADding is addictive... Saving's better than spending...

    £1000 EF Challenge #142 £1100/£1000 ... 3-6Mth Wages Challenge #4 £3545.87/£7129...
    24 months of Debt-busting to go...
    • Erme
    • By Erme 9th Oct 17, 7:02 AM
    • 3,594 Posts
    • 21,524 Thanks
    Erme
    Hello PADders
    I've not been on here for a while as things have been pretty dire and I have basically been sitting with my head in my hands wondering what on earth to do
    My total debt is £11,800 approx (cc's and a loan) and as I have slipped behind on payments am finding it hard to keep up and everything is spiralling out of control - very scary times!!
    I went on the Stepchange website and filled out a budgeting form with them - they advised me to set up DMP and I have just sat and handwritten (can't afford printer ink!) 6 letters to my creditors offering them a proportionate monthly amount from my available funds (eek) - some get £1.60 up to some getting £20.80.I have paid them all their amount online today making my PAD £52.00
    I have not included Next and Littlewoods when writing these letters (now I know a lot of people are going to say this is wrong) beacuse the payments to them are manageable and I really need to keep my accounts open for emergencies - I only ever use them for school shoes/coats, christmas and if I need to replace something like washing machine/fridge etc.
    Will post my letters off tomorrow and hope for the best.... I AM VERY SCARED.
    If anyone has any advice of any type I welcome it!!! xx
    Originally posted by IWILLgetthere
    Great advice has already been given by people more recently experienced than me but you've had your light bulb moment and that's the important bit. The details will get sorted!

    I've been overspending for weeks so am trying my good ole cheap treat trick (only last time it was a budget of £1 per day per treat - this time it's £2 x2 a week) and a list of treats noted down. Helps the hamster wheel of fixated needing to spend that's for sure!

    I still have (and it's thriving) my 18p/19p (can't recall) cheap treat of an unhappy basil plant from the summer. Boy I love that plant!!!

    Remember the mantra folks - it's not going down (or not having your lightbulb moment) that's the crime but staying down (having your head in the sand till you die) that's the crime

    Hugs

    E

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


    • TheMsTeal
    • By TheMsTeal 9th Oct 17, 7:35 AM
    • 100 Posts
    • 337 Thanks
    TheMsTeal
    £10 to regular payments. Thanks.
    Debt Free Day Target: November 2018

    £2 Savers Club 2017: no 41
    • AdventureWanted
    • By AdventureWanted 9th Oct 17, 8:05 AM
    • 73 Posts
    • 277 Thanks
    AdventureWanted
    £2.04 payment to CC1 today.
    LBM Aug 2017.
    CC1 - £4,090.00 / £5,185 1/8/17. CC2 - £7,403.00 / £13,470 1/8/17. CC3 - £11.060.00 / £11,400 1/8/17
    CC4 - £13,000.00 / £13,000 20/11/17

    1% challenge - 21%. PAD challenge - £533.11 (since 13/9/17)
    • Munchin
    • By Munchin 9th Oct 17, 8:06 AM
    • 2,070 Posts
    • 5,975 Thanks
    Munchin
    Morning, I would like to join the PAD gang. I have a loan and a credit card to clear and would like to start padding towards the credit card. £2 today
    • erin_transport
    • By erin_transport 9th Oct 17, 8:19 AM
    • 290 Posts
    • 1,381 Thanks
    erin_transport
    Morning
    Welcome Munchin nice friendly bunch on here
    £25 to mortgage over payment
    Thanks
    On a mission!
    • jet9cat
    • By jet9cat 9th Oct 17, 6:47 PM
    • 1,320 Posts
    • 9,882 Thanks
    jet9cat
    Welcome munchin - a friendly bunch on here with one aim in mind, to chip away little and often at our debts. It's not competitive just motivational and supportive and the more the merrier.


    Quiet day for Sunday so a modest total of £33.35
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • Cazzell
    • By Cazzell 9th Oct 17, 7:55 PM
    • 25 Posts
    • 207 Thanks
    Cazzell
    I would love to join if that's OK. OH has several CC's outstanding and I would like to clear them. Currently snowballing so PAD today would be £7.15 to CC1
    Proud to be dealing with my debts
    Snowball amount £25548.54
    PAD Challenge £61.94 (Oct 2017)
    • cufc_mike
    • By cufc_mike 9th Oct 17, 9:53 PM
    • 209 Posts
    • 1,102 Thanks
    cufc_mike
    £10 off my cc today
    Credit Card: 1st Aug 2017 --> £1,371.04 NOW --> £864.70
    Make a Payment a Day: £213.51 in Aug, £167.55 in Sep, £125.28 in Oct
    Make £300 October Challenge: £402.05 / £500 (£1,206.50 since Aug '17)
    • sashanut
    • By sashanut 9th Oct 17, 11:59 PM
    • 2,536 Posts
    • 23,718 Thanks
    sashanut
    Hi all

    Popping in to PAD - £35.98 to M&S cc please Jet - thankyou

    Welcome to our new members Munchin & Cazzell
    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
    • LittleMissDetermined
    • By LittleMissDetermined 10th Oct 17, 5:45 AM
    • 1,775 Posts
    • 7,363 Thanks
    LittleMissDetermined
    Morning!

    £25 payment to credit card today please

    LMD x
    Target Debt Free Day 27th Jun 2019
    Life gets in the way...PADding is addictive... Saving's better than spending...

    £1000 EF Challenge #142 £1100/£1000 ... 3-6Mth Wages Challenge #4 £3545.87/£7129...
    24 months of Debt-busting to go...
    • jet9cat
    • By jet9cat 10th Oct 17, 6:24 AM
    • 1,320 Posts
    • 9,882 Thanks
    jet9cat
    Welcome to Cazzell to our friendly bunch




    Yesterday's total was £143.15
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
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