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

Turia

What a brilliant thread.. to think how much you have all paid collectively - very impressive! Well done all of you * virtual pat on the backs going out to you all*

Would love to be a part of the new thread for Dec 2010!



P.S. just to clarify do these £20k payments Include all the minimum payments you have to make anyway? (I would presume they are!?)

Sorry if its a silly question!!

Double_Trouble

Turia wrote: »

What a brilliant thread.. to think how much you have all paid collectively - very impressive! Well done all of you * virtual pat on the backs going out to you all*

Would love to be a part of the new thread for Dec 2010!



P.S. just to clarify do these £20k payments Include all the minimum payments you have to make anyway? (I would presume they are!?)

Sorry if its a silly question!!

Turia for me it is capital paid off that I count as thnkfully all my CCs are 0%.

DTxx

Double_Trouble

OK time for my last big update of the challenge only minimum payments to come out until Christmas now.(plus maybe some bingo and scratchcard money)

My pay cheque has cleared (this has to last 6 months :eek:) so I have paid with recent DDs £6477.80 off my CC debt making the total paid off in this challenge to date £20915.46 so happy with that :j I knew I was not going to reach my ambitious target of 40K when I succumbed to OHs need for a new car 19K:eek: (the less said about that the better:rolleyes:) and also received 2 paycuts :mad:. At least I have reached the milestone of the thread title.

This means that I have paid 50K off my CCs since their highest total and £30k since my LBM so I am definitely getting there and my CC debt is now in the 30 somethings which sounds a bit better and they are all at 0%

This challenge has been really good thanks Hypno :Aand I would definitely join next year although again I will have to add mortgage capital repayments this time as I am lumping all my debt together when I start the MFiT -T2 challenge on the 12/12/09 so that I can pay off the debt that is costing me the most at any one time.

You are all a wonderful bunch and the support has been great.

DTxx

Off to edit sig now

hypno06

There WILL be a new thread starting - same goals, and I will do this to start on 1st December.

Although the title of the thread is pay off by Christmas 2009, obviously we don't want to get confused with whether we are still paying this challenge, or the next one - so I will just start the new one for 1st December and those that want to join in with the new start date will be more than welcome!

In the last week of November, I will start asking if anyone wants to "declare" their totals for this current challenge, and we will see what the collective total is.

:T

Batfink

Well done DT - that's an amazing achievement! You should feel very proud.

I'm so tempted to join you on the MFiT challenge, just feel like I've got so much on at the moment, and don't want to end up with everything failing around me. Decisions decisions.

x

hypno06

With the MFiT challenge you can pick a realistic target - everyone has very different aims, just make it so that it is a challenge for YOU!

See you on the MFiT thread!!

Batfink

hypno06 wrote: »

With the MFiT challenge you can pick a realistic target - everyone has very different aims, just make it so that it is a challenge for YOU!

See you on the MFiT thread!!

Just signed up. I figured - it's not like someone's going to tell me off if I don't make it.....

Good Luck Hypno
x

hypno06

Exactly - all these challenges are personal challenges - it is not like there is a prize for whoever finishes first!!

Good luck to you too!

sarahs999

£110 to Post Office

Earthstrong

£600 paid off