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  • FIRST POST
    • kirtsypoos
    • By kirtsypoos 22nd Jan 17, 3:05 PM
    • 3,203Posts
    • 14,220Thanks
    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

    October 2017
    £11,151.91

    November 2017
    £14,979.38

    December 2017
    £11018.76

    Total for 2017
    £157,522.69
    Last edited by kirtsypoos; 01-01-2018 at 4:20 PM.
    £70/3000 OH BC(97.66% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £70/31010.23 (99.77% paid)
    Mortgage - £159,900.00 (2017/2018 O/P £2877.06) PAYDBX 17 - £18,442.82
    PAYDBX 18 #006 £881.66/£4000
Page 170
    • mandz1
    • By mandz1 11th Jan 18, 10:12 AM
    • 2,516 Posts
    • 10,942 Thanks
    mandz1
    Morning all £50 to cc1
    PAD Maker
    SPC 570
    • Picklepot
    • By Picklepot 11th Jan 18, 11:42 AM
    • 301 Posts
    • 4,185 Thanks
    Picklepot
    34p
    today please x
    • kirtsypoos
    • By kirtsypoos 11th Jan 18, 12:22 PM
    • 3,203 Posts
    • 14,220 Thanks
    kirtsypoos
    Afternoon all,

    £74.99 for me today to car loan OP and CC
    £70/3000 OH BC(97.66% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £70/31010.23 (99.77% paid)
    Mortgage - £159,900.00 (2017/2018 O/P £2877.06) PAYDBX 17 - £18,442.82
    PAYDBX 18 #006 £881.66/£4000
    • sunshine81
    • By sunshine81 11th Jan 18, 12:34 PM
    • 818 Posts
    • 4,573 Thanks
    sunshine81
    £321.40 for me today!
    • taskey
    • By taskey 11th Jan 18, 1:44 PM
    • 132 Posts
    • 335 Thanks
    taskey
    £5 to next for me please


    Thanks
    £1 a day for Xmas 2018 #9 £40/£365 9/1/18 | £2 savers club #11 £24| £50p's #4 £13.50 | Jan take lunch to work #18 14/15
    JAN 18 £12,063.03
    DEC 17 £12,390.56
    • RhiBi
    • By RhiBi 11th Jan 18, 4:20 PM
    • 283 Posts
    • 1,040 Thanks
    RhiBi
    £5 to Next for me please
    Virtual Sealed Pot 2018 #7 £31.35/£250 Bring lunch to work 10/18 NSD 05/15
    • mumofthetwins
    • By mumofthetwins 11th Jan 18, 4:26 PM
    • 891 Posts
    • 3,872 Thanks
    mumofthetwins
    £15 off for me today .. yay
    This time I'm sticking with it !!
    Jan £3.40/£300 2/10 NSD
    PAD
    Jan £374
    • jet9cat
    • By jet9cat 11th Jan 18, 6:50 PM
    • 1,402 Posts
    • 10,361 Thanks
    jet9cat
    I've done it!
    I've done it - not unfortunately become debt free but the second part of the plan I started at end of last year has happened and it all feels like it is finally on the last lap. Just before Christmas I closed one of my credit cards that I had been keeping open but dormant in case I needed it to do a balance transfer as one of my other cards was running out of 0% this month. As, if all went to plan, I wouldn't need it I took the plunge and closed it - so that was part one of the plan. Part 2 was to get the balance on the card that was about to start charging interest moved to balance cc2 having negotiated an increase in the credit limit and a new 18 month 0% deal to do it. It's been going through this week which is why I haven't padded for a few days, not wanting to mess things up. So now finally all the balance debt is in one place on 0% interest and I have 18 months to clear just over £3500, which averages just under £200 per month. Going to be tough but I really need to do this. Not all my pads go to this as I tend to include payments towards my spendy card when it's clearing one-off charges so they don't create a new debt but don't include payments to clear my normal monthly spend on groceries, hair cuts etc that I use the card for because of cashback.

    Anyway, sorry for going on but I definitely feel like this is the beginning of the end and you lot on here are the best people to share it with as you understand where I'm coming from more than most people in RL.
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • A Random Man
    • By A Random Man 11th Jan 18, 7:00 PM
    • 126 Posts
    • 634 Thanks
    A Random Man
    £2474.97 to credit card 2
    Last edited by A Random Man; 11-01-2018 at 7:03 PM.
    Credit card 1 £600/0 (100% Paid)|Credit Card 2 £4500/£1289.25 (71.35% Paid)|Loan £7500/7228.53(3.61% Paid)
    Payment A Day total: £10.00
    • erin_transport
    • By erin_transport 11th Jan 18, 10:31 PM
    • 394 Posts
    • 1,816 Thanks
    erin_transport
    Keep going jetcat - the end is in sight

    Tonight just a small pad of £3 to online savings
    On a mission!

    2018 MFW #138 O/P £128.50 & £140 & £125 of £6000
    • sashanut
    • By sashanut 11th Jan 18, 11:54 PM
    • 2,649 Posts
    • 24,732 Thanks
    sashanut
    Hi all

    Popping in to PAD £2.00 - 1 x £2 coin into VW campervan moneybox - tks LMD

    Great News Jet!!:
    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
    • jet9cat
    • By jet9cat 12th Jan 18, 6:23 AM
    • 1,402 Posts
    • 10,361 Thanks
    jet9cat
    So onwards and upwards with a PAD today of £5 to the balance cc please LMD
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • Iheart
    • By Iheart 12th Jan 18, 6:26 AM
    • 110 Posts
    • 677 Thanks
    Iheart
    Well done Jet - you will get there!

    £6.18 payment for yesterday and £1 for today please LMD.
    SPC11 #33
    2018 - The year to slay the loan £587.54/£4947.40
    • LittleMissDetermined
    • By LittleMissDetermined 12th Jan 18, 8:10 AM
    • 1,890 Posts
    • 7,935 Thanks
    LittleMissDetermined
    Apologies that I'm late today, I have that Friday feeling


    A Storming day (no small thanks to A Random Man) with a total for Thursday 11th January of

    £3094.80

    Big congrats to jetcat for reaching a milestone yesterday and many thanks to everyone who is contributing in this traditionally tight month. No matter whether pennies or thousands of pounds, it all adds up and makes a difference.
    Well done everyone!
    Target Debt Free Day 27th Jun 2019
    Life gets in the way...PADding is addictive... Saving's better than spending...

    £1000 EF Challenge #142 £1000/£1000 ... 3-6Mth Wages Challenge #4 £5600/£7129...
    24 months of Debt-busting to go...
    • LittleMissDetermined
    • By LittleMissDetermined 12th Jan 18, 8:13 AM
    • 1,890 Posts
    • 7,935 Thanks
    LittleMissDetermined
    Just a small contribution from me today of £1.60 bank round down to the credit card

    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 £1000/£1000 ... 3-6Mth Wages Challenge #4 £5600/£7129...
    24 months of Debt-busting to go...
    • Picklepot
    • By Picklepot 12th Jan 18, 9:04 AM
    • 301 Posts
    • 4,185 Thanks
    Picklepot
    £34.39
    regular payment for me today please
    • kirtsypoos
    • By kirtsypoos 12th Jan 18, 9:27 AM
    • 3,203 Posts
    • 14,220 Thanks
    kirtsypoos
    Congrats jet, here's to the final hurdle

    £7 for me today please LMD
    £70/3000 OH BC(97.66% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £70/31010.23 (99.77% paid)
    Mortgage - £159,900.00 (2017/2018 O/P £2877.06) PAYDBX 17 - £18,442.82
    PAYDBX 18 #006 £881.66/£4000
    • Calling14
    • By Calling14 12th Jan 18, 9:55 AM
    • 2,551 Posts
    • 18,815 Thanks
    Calling14
    £3 for me today.

    Have a great weekend everyone.
    LBM 13039 1.1.13 Start 2018 £5552 NOW £4700 EEK house repairs pushed it back up
    PAYDBX 2018 #16 852/£5552 DFD 12/18
    E
    Fund #9 £220/£1,000
    1 x 100 days challenge
    £687/£2000

    • TheMsTeal
    • By TheMsTeal 12th Jan 18, 10:15 AM
    • 183 Posts
    • 716 Thanks
    TheMsTeal
    Well done jet9cat! It's great when plans work out!
    My pad today is a token 50p to cc.
    Debt Free Day Target: November 2018

    £2 Savers Club 2017: no 41
    • mandz1
    • By mandz1 12th Jan 18, 10:56 AM
    • 2,516 Posts
    • 10,942 Thanks
    mandz1
    well done jet9cat


    just £11.81 to very today please
    PAD Maker
    SPC 570
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