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Newbies' 10K in 2010 Challenge!! :)

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  • shadydaz
    shadydaz Posts: 377 Forumite
    Part of the Furniture Combo Breaker
    Well done guys. :T

    We have just upped our payments so we are now clearing a further £20 per week on top of the current budget :D
    Was in debt £23k- Not now (12/07-12/10):T
    Did smoke- Not any more (26-02-11):j
    I am not perfect but everyone loves a trier don't they??:A
  • KipKip_2
    KipKip_2 Posts: 315 Forumite
    woo hoo £684 paid off today :j

    **off to update sig**
    I have learnt from my in-debt days....never again!
  • :mad: I've just realised that when I inittially set up my sig I added up my origional debt wrong so instead of having paid off nearly £1,000 I've only paid off nearly £448 :(

    Oh well, £448 is better than nothing. I'll have to try to get up to £500 by the end of the month to make myself feel batter. Conssidering my CC and OD total will have gone up instead of down that's going to be a bit of a struggle.

    Free eBay listing day here I come!
  • Hi all,
    First payment for ebay goods hit my paypal account this morning, promptly transferred to bank to pay to overdraft, another £ 113.49 off :j
    Am waiting till Sunday for the free listing day to list some more items, think it will take me till Easter to get rid of all the stuff cleared from my loft tho LOL! I like Ebay, but really hate listing, it is soooooo time consuming (and boring) however am determined to keep going, thinking of that debt total coming down helps keep me motivated :D Well done all you guys with mega totals this month - wow I'm so impressed, and a little healthy competition never does any harm :p away to update my sig!
    Peetzil x
    CC 1 Halifax £4350(4.9%)
    CC 2 MBNA £6260 (5.4%)
    CC 3 Barclaycard 8500(0%)
    CC 4 Tesco £2500
    O/D £3000:eek:
  • lauhen
    lauhen Posts: 437 Forumite
    I have paid off a little to MasterCard today and have updated my signature, next Friday can't come soon enough as I should get paid enough to almost clear barclaycard, the following Friday should clear the rest plus some of virgin, I can't wait.
  • shadydaz
    shadydaz Posts: 377 Forumite
    Part of the Furniture Combo Breaker
    edited 15 January 2010 at 2:23PM
    Only half way throught the month. 55 challengers out of 119 have given updates on target totals so far. We are in axcess of £30000 now but I reckon that if we can get a few more updates then we could exceed £50K by the end of month 1. (I might be sending out a few PM's later with a link to this forum in ;))

    Some Stats from the spreadsheet:
    Total Paid: £31,394.89
    People updated: 55
    Average each: £570.82
    Target total: £550,000.00
    Overall % acheived: 5.7%
    Monthly target %: £45,833.33
    Monthly target achieved: 68.5%
    Was in debt £23k- Not now (12/07-12/10):T
    Did smoke- Not any more (26-02-11):j
    I am not perfect but everyone loves a trier don't they??:A
  • shadydaz
    shadydaz Posts: 377 Forumite
    Part of the Furniture Combo Breaker
    lauhen wrote: »
    I have paid off a little to MasterCard today and have updated my signature, next Friday can't come soon enough as I should get paid enough to almost clear barclaycard, the following Friday should clear the rest plus some of virgin, I can't wait.

    Can you give me a total payed/saved so far/to date?

    Cheers,

    Darren.
    Was in debt £23k- Not now (12/07-12/10):T
    Did smoke- Not any more (26-02-11):j
    I am not perfect but everyone loves a trier don't they??:A
  • jojitsui
    jojitsui Posts: 403 Forumite
    Part of the Furniture Combo Breaker
    shadydaz wrote: »
    55 challengers out of 119 have given updates on target totals so far. We are in axcess of £30000 now but I reckon that if we can get a few more updates then we could exceed £50K by the end of month 1. (I might be sending out a few PM's later with a link to this forum in ;))

    I haven't paid off anything extra yet :(
    Pay day can't come soon enough
    Make £10 a day, October 2023 - £105/£310
  • Wow Shadydaz when you look at the totals, that's an amazing amount of cash! Keep up the good work everyone, aren't we doin well :D
    Peetzil x
    CC 1 Halifax £4350(4.9%)
    CC 2 MBNA £6260 (5.4%)
    CC 3 Barclaycard 8500(0%)
    CC 4 Tesco £2500
    O/D £3000:eek:
  • Hi All,

    Complete newbie here, but I have decided that this is the year to deal with my debts. :eek:

    Am I too late to join the challenge?:confused:

    Also how do I create a signature to keep track of my totals?

    Thanks
    LBM January 2010 Debt £22,239.51 Mortgage £120,999
    10K in 2010 = £1520.48 15.2% LOAN = £11,819.92 / £1055.35
    CC1 = £940.57 / £67.06 CC2 = £2994.71 / £156.43
    CC3 = £3494.00 / £239.93 CC4= £2678.00 / £159.00 Mortgage = £120,999.00 / £0.00 [STRIKE]O/D = £126.81[/STRIKE]
    Total = £143,238.51:eek: / £1520.48 :j= £141,805.35 1.06%
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