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

Happytogetdebtfree

Hi gailey lovely to see you, sorry you have had a rough time of it , stupid banks and stupid charges !! the good thing is the amount as dropped by some and thats all that really matters, in the back of your mind remember one day we will all be free of debt and thenthe banks wont be earning so much bloody money they will be begging for our help and we can of course refuse keep doing what your doing x

taxi73

Well done everyone...every penny off is an acievement in these troubled times

poohbear59

hi gailey, I have had to cut down on food bills and followed the cheap meals planner. It certainly meant changing eating habits but we saved loads to help pay off bills. Look at http://www.cheap-family-recipes.org.uk/ We managed to live through the Winter on just £100 per month for all our food. It was all designed by weezl a real Old Style MSEer.
Well done on managing to pay something off each month

Happytogetdebtfree

Hi love thats a nice site for food recipies, so much to do to save cash, i may utilise that web for me because would that mean we can spend £50 a month ? if there is only 2 of us ??

parsniphead

Hello everyone and happy September.

My first payments for the month have come out - a grand total of £549.00.

I don't think I will reach the target but I'm going to give it a good try. Every bit extra paid off is a bonus.

Off to update the sig now.

Happytogetdebtfree

Well done, i have updated my sig and im hoping to at least make 15k paid off this year i will be pleased at that i really need to hammer it home now ive stiull got quite alot of it to shift :O but must keep chipping away xx

greent

No 32 reporting in with my first update of the year... sorry!!

DH ended up going self employed in the end, so our income is reduced on what is was - but we've managed £8569 capital reduction in the mortgage so far against our £10K target -so I'm pleased with that. Can't remember how much of that is extra to our expected standard mtge reduction, but we have be overpaying as much as we can (over £2k is OPs) We're on target to achieve the year's target in Nov, so I won't amend it upwards, as there'll only be one month after that We also haven't gained any debt in addition to the mortgage

It's been a tough year at times, but we're getting there....

My_life

Hi, not been around here for a while, but on looking tonight I am so impressed with how everyone is doing and although I will struggle to get anywhere near my target of 26K repaid before the end of the year - I am going to keep trying!


Highs so far this year:

• being down to a single card and not using any credit now for over 18 months
• losing 53 lbs - (but another 24 lbs still to go)
• mortgage going under 100K

Lows

• weight loss slowing down to only half a pound each week:(
• amount of money available to reduce debt/mortgage is getting less and less
• OH's health (nothing too serious - but spending too much time in hosptial)

Keep up the good work everyone

My Life

hypno06

gailey wrote: »

hypno question is your outstanding unsecured debt excluding morgage under 10grand as thats amazing from what you were.

Yes, now below £8k as another payment came out today.....heading nicely in the right direction and will be very pleased when it is over!

greent wrote: »

No 32 reporting in with my first update of the year... sorry!!

Better late than never!!

My_life wrote: »

weight loss slowing down to only half a pound each week:(

But half a lb each week is still a good result - do that every week for a year and you will have lost loads!!

parsniphead

Hello Everyone

There are some fantastic figures on this thread and it's so good to see everyone paying off so much.

Another £300 for me this morning, the last of my big dd's. I'm off to try and rejig my budget so I can pay off some of my Scottish Power:mad::mad::mad: debt.