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The big challenge - pay off £20k by Christmas 2010

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Comments

  • frugalzzz
    frugalzzz Posts: 138 Forumite
    Debt-free and Proud!
    Hi all, well I managed to chop some more money off the debt €260, but unfortunately dh managed at the same time to add €400 to the cc debt while he was away travelling. Grrrrrrrrr! Not to worry, I have to look the bigger picture here which is the €12,411 we've cleared down since my LBM last July. I am desperate to clear my personal loan and the cc down to zero in time for our first anniversary of that LBM, so I was furious with him.

    My 'pep talk' seems to have worked however, as his spend so far this week is .94c LOL!
    LBM: 23/7/09. Total Debts on 23/7/09: 24,961

    Debt free date 19/5/11 :j

    Aga Savings project: Savings so far: €1999.00
  • poohbear59
    poohbear59 Posts: 4,866 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    I have paid £50 off my Virgin card and £153 from my Brit loan today.

    frugalzz my credit card spends are going up too. I have stopped DH from using the cc for co-op purchases and had to have a talk too. This week he has asked me before spending.

    He just didn't realise how close our income and expenditure are. The last thing we needed was more debt that is not business related.
    business mortgage £0))''(+ Barclay's business kitchen loan £0=Total paid off was £96105 PPI claimed and received £13527
    'I had a black dog, his name was depression".
  • taxi73
    taxi73 Posts: 20,815 Forumite
    We're doing great let'skeep it up.


    Today I have paid ......£4466.13 off Barclays 6.9% card and £45 off BMI card....

    So have now hit my £20k for the year challenge but will keep on going and see exactly what I manage to pay off by the end of the year
  • chops22
    chops22 Posts: 650 Forumite
    Wow Taxi, you are truely doing amazing!!!
    LBM Total: £33356 15/11/09 :eek: £6085.63 paid
    Pay off 10% by March 2010 (3336) yes!!!:j
    Pay 19k by Dec 2010 19000/5732.39 30.12%
    DFW Long haulers #198.
    23/40lbs
  • taxi73
    taxi73 Posts: 20,815 Forumite
    Thanks Chops..everyone is doing amazing x Consumer power stuffing these big companies.
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    Christ Taxi, are you robbing banks??!
  • frugalzzz
    frugalzzz Posts: 138 Forumite
    Debt-free and Proud!
    Wow Taxi, that is IMMENSE! Good on ya!

    I'll be in a position to stuff 500 against debt next Monday, and I've nearly broken my arm patting myself on the back in anticipation of it. You leave the rest of us sitting in the hal'penny place. What a star!
    LBM: 23/7/09. Total Debts on 23/7/09: 24,961

    Debt free date 19/5/11 :j

    Aga Savings project: Savings so far: €1999.00
  • Double_Trouble
    Double_Trouble Posts: 4,375 Forumite
    sarahs999 wrote: »
    Christ Taxi, are you robbing banks??!


    lol Taxi the bank robber I like it - at least the banks are not robbing Taxi any more :rotfl:

    DTxx
  • Taxi that is amazing :/) you deserv a big star keep up the good work and I'm sure you will have pai of an effty amount come 2010. How long till your dfd? Keep doing what your doing. Well done everyor else we are doing great, slap the mRNA wrist for purchasing on credit cards, I don't use moe at all just pay them of but I couldnt use them if I wanted to lol. Oh has only just begin to understand he can't spend a few pence everytime he hits a petrol station it adds up :-) he's doing much better on this x it soon adds up though lol x
    I AM A MONEY MAGNET, THEY ARE MAKING MORE MONEY FOR ME AS WE SPEAK:pMIKES MOB, DFW NERD 1071, DFW LHS 132!MIRACLES HAPPEN I'VE SEEN IT WITH MY OWN EYES. LBM 08£77240.69 Current outstanding total £36083.01 Paid so far = £41157.68
  • taxi73
    taxi73 Posts: 20,815 Forumite
    I must say..DH has never spent on the cards they are my debt in his name..lol
    We don't use CCs at all now.
    The payment today was my savings that I've been putting away for the last few months..I was going to pay my loans off with it but changed my mind and decided it was best to get rid of Barclays...

    i aim to be debt and mortgage free by feb 2014 or sooner.
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