Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • kirtsypoos
    • By kirtsypoos 22nd Jan 17, 3:05 PM
    • 3,285Posts
    • 14,583Thanks
    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


    January 2018

    £28,031.72
    Last edited by kirtsypoos; 02-02-2018 at 11:46 AM.
    PAID VERY, Barclaycard x3, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Original Debt: £0/31010.23 (100% paid)
    Mortgage - £159,500.00 (2017/2018 O/P £3027.39) PAYDBX 17 - £18,442.82
    PAYDBX 18 #006 £1865.24/£4000
Page 190
    • AdventureWanted
    • By AdventureWanted 9th Feb 18, 11:27 AM
    • 353 Posts
    • 1,152 Thanks
    AdventureWanted
    £100 to CC2 today. Thanks.
    • sunshine81
    • By sunshine81 9th Feb 18, 12:42 PM
    • 869 Posts
    • 4,807 Thanks
    sunshine81
    £10 for me today to Tesco
    • squanderscouse
    • By squanderscouse 9th Feb 18, 3:57 PM
    • 89 Posts
    • 319 Thanks
    squanderscouse
    £10 to savings
    £10 to cc

    Thank you
    Bank Loan 5000/PAID Barclaycard2500/1811.34Overdraft 2000/Cleared MBNAClosed
    Littlewoods 1200/181.65

    February NSD 4/12
    Sealed pot challenge 11 #568
    February bring your lunch to work = 6/18
    • Stayathomemum36
    • By Stayathomemum36 9th Feb 18, 4:51 PM
    • 34 Posts
    • 119 Thanks
    Stayathomemum36
    £2.50 to my next account please
    Payment a day challenge 2018 £400.24
    £1000 emergency fund challenge £410.81 / £1000.Started my Debt Free Diary: "Making the changes and sticking to it" Feb 2018.
    O/D £550/£0 Next £636 £435.00 CC Debt: £29031£28182.10
    • RhiBi
    • By RhiBi 9th Feb 18, 4:59 PM
    • 317 Posts
    • 1,129 Thanks
    RhiBi
    £4 for me today as I forgot to do any yesterday!
    Virtual Sealed Pot 2018 #7 £65.80/£250 Bring lunch to work February 10/15 NSD 04/12
    • Onebrokelady
    • By Onebrokelady 9th Feb 18, 5:28 PM
    • 155 Posts
    • 338 Thanks
    Onebrokelady
    £1to my Xmas saving please
    Just keep swimming
    Payment a day challenge = £58.76
    • TheMsTeal
    • By TheMsTeal 9th Feb 18, 8:35 PM
    • 213 Posts
    • 825 Thanks
    TheMsTeal
    Loose change: 50p to cc.
    Debt Free Day Target: November 2018

    £2 Savers Club 2017: no 41
    • Keedie
    • By Keedie 9th Feb 18, 11:40 PM
    • 243 Posts
    • 1,009 Thanks
    Keedie
    Hi All,

    £25 to Santander CC for me please.

    Thanks,

    Keedie
    LBM 27/06/16 = £31,400.57 (7 creditors) BUT on 01/02/2018 = £15,840.36/£31,400.57 (6 creditors) = 49.3% repaid
    Aiming to be Debt Free = 31/12/2020
    • sashanut
    • By sashanut 9th Feb 18, 11:53 PM
    • 2,688 Posts
    • 25,033 Thanks
    sashanut
    Hi all

    Popping in to PAD £8.80 to cc please iheart - 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
    • mandz1
    • By mandz1 10th Feb 18, 7:27 AM
    • 2,531 Posts
    • 11,019 Thanks
    mandz1
    £4.45 to cc1 please
    PAD Maker
    • sunshine81
    • By sunshine81 10th Feb 18, 8:16 AM
    • 869 Posts
    • 4,807 Thanks
    sunshine81
    £10 to Barclaycard this morning.
    • AdventureWanted
    • By AdventureWanted 10th Feb 18, 10:02 AM
    • 353 Posts
    • 1,152 Thanks
    AdventureWanted
    Bank rounded down today, so sending £9 to CC2.
    • TheMsTeal
    • By TheMsTeal 10th Feb 18, 10:51 AM
    • 213 Posts
    • 825 Thanks
    TheMsTeal
    Morning! £5 to reg payment.
    Debt Free Day Target: November 2018

    £2 Savers Club 2017: no 41
    • kirtsypoos
    • By kirtsypoos 10th Feb 18, 12:19 PM
    • 3,285 Posts
    • 14,583 Thanks
    kirtsypoos
    Afternoon all,

    £64.39 to spendy CC for me today
    PAID VERY, Barclaycard x3, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Original Debt: £0/31010.23 (100% paid)
    Mortgage - £159,500.00 (2017/2018 O/P £3027.39) PAYDBX 17 - £18,442.82
    PAYDBX 18 #006 £1865.24/£4000
    • erin_transport
    • By erin_transport 10th Feb 18, 12:49 PM
    • 426 Posts
    • 1,952 Thanks
    erin_transport
    Hi

    £150 payment today (2018 MFW #138)
    £100 to cc
    £25 to pension pot
    Total today £275
    On a mission!

    2018 MFW #138
    O/P £1000 total for 2018
    • Onebrokelady
    • By Onebrokelady 10th Feb 18, 5:04 PM
    • 155 Posts
    • 338 Thanks
    Onebrokelady
    £1. In my Xmas tin
    Just keep swimming
    Payment a day challenge = £58.76
    • Stayathomemum36
    • By Stayathomemum36 10th Feb 18, 7:21 PM
    • 34 Posts
    • 119 Thanks
    Stayathomemum36
    £1 to my next account today
    Payment a day challenge 2018 £400.24
    £1000 emergency fund challenge £410.81 / £1000.Started my Debt Free Diary: "Making the changes and sticking to it" Feb 2018.
    O/D £550/£0 Next £636 £435.00 CC Debt: £29031£28182.10
    • A Random Man
    • By A Random Man 10th Feb 18, 8:52 PM
    • 148 Posts
    • 730 Thanks
    A Random Man
    Evening everyone yesterday and today i have made £5 payment to my credit card
    Total Debt 1st Jan £13100/£11473.96 (12.41% Paid)
    Payment A Day total: £86.59
    • cufc_mike
    • By cufc_mike 10th Feb 18, 11:18 PM
    • 482 Posts
    • 2,570 Thanks
    cufc_mike
    £32.03 mortgage overpayment today
    Make £1,000 February Challenge: £991.62 / £1,000 (£5,087.95 since Aug '17)
    Mortgage Overpayments: £1,559.89 | £879.24 Interest Saved
    Mortgage End Date: Was 01/06/2033 -> Now: 01/07/2032 (reduced by 11 months by PAD'ing)
    • TheMsTeal
    • By TheMsTeal 11th Feb 18, 6:57 AM
    • 213 Posts
    • 825 Thanks
    TheMsTeal
    Loose change: 50p to cc.
    Debt Free Day Target: November 2018

    £2 Savers Club 2017: no 41
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

1,571Posts Today

9,196Users online

Martin's Twitter