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

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  • Lemon_Tree
    Lemon_Tree Posts: 10,202 Forumite
    Part of the Furniture 10,000 Posts
    hi payday today so this months payments have been lined up/made.
    my totals are now £6104 or 60%
  • taxi73
    taxi73 Posts: 20,815 Forumite
    Well done xxx
  • meersy22
    meersy22 Posts: 386 Forumite
    Hi all

    Just paid, yeah. I've paid another 390 of my debts which means I've paid 4386 in total (36.6%). I've still a long way to go but getting there. I doubt I'll make my target this year but that nasty B'card will be gone and I will then have my windows and car to pay for. At least those debts I can see.

    Happy debt busting everyone.
    :jDEBT FREE 27 July 2011:j
    Challenge - Sealed pot #19 - £16; Debts - Credit card - £978.36

    Savings - CU- £808; Xmas - £210, ISA - £160; Holiday fund 2012) - £xx; Car - £50; General:£50 Total- £1278
  • Well done and keep going any payment is a good payment :D 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
  • Just another update now at 47% yippee it does mean the next few months i will have to work extra hard but im happy either wwy debt is getting reduced and thats all that really matters ... i did up my loan payments by double so that should help abit more and get the numbers crunching sooner... hope everyone else is doing ok xx
    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
    Well done.

    Another £156 in savings today..will update again tomoorow when I put some more in the savings and the mortgage updates the figures.
  • Do you put into savings daily ? or do you do a few times a month ? how are things hope you are well 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 put in a at least twice a month maybe more just saving to get rid of the mortgage as it's better in savings than being put in the offset part of the mortgage.
  • ah i see, when do you think mortgage will be paid ? 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
    no idea at the moment but hoping for 18/24 months
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