NEW - pay off £20,000 (ish) by Christmas 2009

MrsPorridge

I'm going to start on Monday only because I've got a few bills etc., to sort out this weekend. On Monday I will have the actual amount I owe on my ccs (am dreading adding it all up), once I get that will update siggy and start paying off.

Libby0406

Hi everyone,

I must be one of the worst serial lurkers out there!! This is my first ever post - I'm very shy!

I've been really inspired reading this thread and would love to join the challenge.

I'm going to go for £10k which should bring my debt down to about £8k - wohoo!

I'll put more details in a signature over the weekend.

Thanks for this challenge hypno, I'm getting really fired up now! :j

Libby

sarahs999

mel19632 wrote: »

First achievement! Have paid £206 off the MBNA card - horrendous interest rate I know, but I can't apply for a new card at the moment as tried a few times earlier this year and kept being rejected! Will update signature once the payment has been credited to the account.

Gosh, that is a stinker of a rate. I guess you're concetrating on that one first then!? well done for starting.

pania

hey libby don't be shy hon, jump in we're all friends here! good luck!!! from a fellow fired up person!!!

sarahs999

Libby0406 wrote: »

Hi everyone,

I must be one of the worst serial lurkers out there!! This is my first ever post - I'm very shy!

I've been really inspired reading this thread and would love to join the challenge.

I'm going to go for £10k which should bring my debt down to about £8k - wohoo!

I'll put more details in a signature over the weekend.

Thanks for this challenge hypno, I'm getting really fired up now! :j

Libby

Welcome libby and well done for delurking! It's inspiring, doing this, isn't it? I just keep fantastising about how much more money I'm going to have once it's all paid off....

mel19632

sarahs999 wrote: »

Gosh, that is a stinker of a rate. I guess you're concetrating on that one first then!? well done for starting.

I know - it was on 0%, then they cancelled my card (for no reason I might add - I have never missed a payment!) and informed me that my new rate would be 34.9%!

Never mind - hopefully will not be long until I can clear it, I get my bonus next month!

In_Search_Of_Me

oo a challenge...better late than never eh! Been a bit carp this year and just twiddled at it so really want to do better next year so will go for £10,000. Will continue with the same math as I use now if thats ok due to dyslexic brain - ie I just go on totals remaining each month so the interest is included IYKWIM. The loans are all front loaded so is included anyway! Def need a challenge/kick up the bum though...much too much procrastination and shopping this year...

jenkofreeze

I'd like to sign up as well pls. Haven't had any advice yet but if I aim for £10,000 that would be a whole 1/3 of my debts. Any more would be a bonus!

Cheers

Paul843

Hi to all,

I am a newbie on here and am looking to sort the financial side of my life out.

Is it too late to join in with this, what looks an interesting idea? I am looking at around 30k of debt and I am fed up of being like this, I am number crunching at the moment to get an accurate figure.

Any tips on what/where to look for good info would be appreciated.

Many Thanks

cherry_red_2

Hurrah for starting today!!! Now to find some cash to start paying it off!!!