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  • FIRST POST
    • kirtsypoos
    • By kirtsypoos 22nd Jan 17, 3:05 PM
    • 2,982Posts
    • 13,286Thanks
    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 80
    • erin_transport
    • By erin_transport 17th Jul 17, 4:16 PM
    • 286 Posts
    • 1,370 Thanks
    erin_transport
    Hi
    £5.00 to cc
    £5.00 to mortgage over payment
    £5.00 to isa
    £3.18 to online savings
    £18.18 today
    On a mission!
    • IWILLgetthere
    • By IWILLgetthere 17th Jul 17, 7:35 PM
    • 51 Posts
    • 234 Thanks
    IWILLgetthere
    Hello everyone and Thank You for the welcomes - I am new to forums, was just desperately reading everything on MSE website and stumbled across PAD - has really inspired me - thanks everyone I WILL GET THERE!!!
    Today is a good day so my very 1st pad total is
    £150


    ( 87.00 cap one, 34.00 next,24.00 littlewoods,5.00 barclaycard)
    • sashybo
    • By sashybo 17th Jul 17, 8:25 PM
    • 2,434 Posts
    • 18,514 Thanks
    sashybo
    Hi all, my usual £1 to loan no1 today.

    Woohoo Erme I got the llama smilie. That is a cause for celebration.
    Success is not final, failure is not fatal: it is the courage to continue that counts.

    PAD started 27/01/09 - £8770 extra paid off debt. Total Debt paid off £45,596.74
    Loans 1 & 2 £4007.18, CC 0% BT £475, Car loans £24,485.65
    • IWILLgetthere
    • By IWILLgetthere 17th Jul 17, 8:31 PM
    • 51 Posts
    • 234 Thanks
    IWILLgetthere
    sashybo - your £1 a day and amazing achievements are an inspiration
    • IWILLgetthere
    • By IWILLgetthere 17th Jul 17, 9:04 PM
    • 51 Posts
    • 234 Thanks
    IWILLgetthere
    can i please ask all you PAD experts some advice please?... If (for example) I have £4 to pad then am I better doing £1 x 4 debts or £4 off one debt? not sure which is the better option so any advice gratefully accepted.Thank you
    • sashanut
    • By sashanut 17th Jul 17, 11:16 PM
    • 2,529 Posts
    • 23,677 Thanks
    sashanut
    Hi all

    Popping in to PAD £19.42 to M&S cc plz jet9cat - 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
    • LittleMissDetermined
    • By LittleMissDetermined 18th Jul 17, 7:54 AM
    • 1,771 Posts
    • 7,345 Thanks
    LittleMissDetermined
    Morning all!

    £15 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...
    • kirtsypoos
    • By kirtsypoos 18th Jul 17, 10:18 AM
    • 2,982 Posts
    • 13,286 Thanks
    kirtsypoos
    can i please ask all you PAD experts some advice please?... If (for example) I have £4 to pad then am I better doing £1 x 4 debts or £4 off one debt? not sure which is the better option so any advice gratefully accepted.Thank you
    Originally posted by IWILLgetthere
    Hi IWILLgetthere, have you completed the snowball calculator? If not, go to http://www.whatsthecost.com/snowball.aspx and complete the calculator - it will work out where you should concentrate your payments based on interest rate, to ensure you make the most of your PADs
    £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
    • jet9cat
    • By jet9cat 18th Jul 17, 11:34 AM
    • 1,312 Posts
    • 9,845 Thanks
    jet9cat
    Good start to your PADding journey Iwillgetthere - agree with kirtsypoos, from the point of view of the thread it doesn't matter if goes against one debt or 4 but from the point of view of your debtbusting the snowball calculator helps you work out where the extra payments will save most interest and get value for money from the payments.


    Yesterday's total is a wonderful £580.82
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • jet9cat
    • By jet9cat 18th Jul 17, 11:45 AM
    • 1,312 Posts
    • 9,845 Thanks
    jet9cat
    And paid £35 off my balance cc2
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • laurababs
    • By laurababs 18th Jul 17, 1:45 PM
    • 220 Posts
    • 1,387 Thanks
    laurababs
    PAD of £4.79 today
    PADDING since 06-07-17

    Total so far £80.09
    • IWILLgetthere
    • By IWILLgetthere 18th Jul 17, 6:07 PM
    • 51 Posts
    • 234 Thanks
    IWILLgetthere
    Thanks so much for the advice
    My pad for today is £3.65 to capital one please
    I love this already!!
    • kirtsypoos
    • By kirtsypoos 18th Jul 17, 6:49 PM
    • 2,982 Posts
    • 13,286 Thanks
    kirtsypoos
    Morning all,

    £57.99 for me today please
    £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
    • sashanut
    • By sashanut 18th Jul 17, 11:56 PM
    • 2,529 Posts
    • 23,677 Thanks
    sashanut
    Hi all

    Popping in to PAD £200.00 to LTSB plz jet9cat - 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
    • LittleMissDetermined
    • By LittleMissDetermined 19th Jul 17, 6:43 AM
    • 1,771 Posts
    • 7,345 Thanks
    LittleMissDetermined
    Morning!

    £25 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...
    • kirtsypoos
    • By kirtsypoos 19th Jul 17, 12:02 PM
    • 2,982 Posts
    • 13,286 Thanks
    kirtsypoos
    Morning all!

    £50 mortgage OP for me today please
    £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
    • laurababs
    • By laurababs 19th Jul 17, 4:17 PM
    • 220 Posts
    • 1,387 Thanks
    laurababs
    PAD of £6.95 today
    PADDING since 06-07-17

    Total so far £80.09
    • IWILLgetthere
    • By IWILLgetthere 19th Jul 17, 5:55 PM
    • 51 Posts
    • 234 Thanks
    IWILLgetthere
    Good afternoon everyone, please put my pad total for today as £62.82 to loan, Thank you
    • jet9cat
    • By jet9cat 19th Jul 17, 6:43 PM
    • 1,312 Posts
    • 9,845 Thanks
    jet9cat
    Great PADding again everyone. Total for Tuesday 18th July was a fabulous


    £316.43
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • jet9cat
    • By jet9cat 19th Jul 17, 6:48 PM
    • 1,312 Posts
    • 9,845 Thanks
    jet9cat
    My own PAD today is £100 to balance cc1
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
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