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

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  • starnac
    starnac Posts: 5,946 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    paid £122.94 to my car loan so we're off.
    Goals for February
    Declutter 2/50
    Money Made £0/£200
    Overpayments £0/£200
  • starnac
    starnac Posts: 5,946 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    i forgot to mention the min payment to DH's c/c went out so that's another £80 paid and added to the total
    Goals for February
    Declutter 2/50
    Money Made £0/£200
    Overpayments £0/£200
  • Just on to catch up with everyone's progress :D

    Eagles74 - just wanted to say good luck with the job hunt and your attitude is brilliant :D

    Well done everyone on the progress so far, December is so hard for debt busting and everyone is doing so well !!!

    xxxxx
  • Evening All

    Ohbummer have just realised I'm going to be late for work oh well I'll just have to rush.

    I have been reading through and catching up and thought I'd give you all a progress report from the duck household.

    I have done another quick calculation and well it can't be right it would seem I have paid off 9% of my total so far - not quite 90 I grant you but some how it seems tooo much, anyway, am rather pleased with that we all seem to be making excellent progress. I cant see January being as good or Feb or March for that matter but as long as I am enployed and well I'm happy to be plodding on. Not long till christmas.. still have no present, may get a grip sometime soon......

    Duckie:D
    To be figured out!
  • I have added all my payments this month to my signature minus the interest. What an eye opener I knew what the interest was on different things but never done a monthly total. If I was to clear all debt I would be £200 better off monthly with just interest payments.
    Debt at LBM £19700 :eek:
    Arrears £4800

    :j married 14/08/2010 :j
    Date wife can move to live with me 28/02/2011 (date she can leave work for good) :beer:
  • Woo hoo!!! I just worked out how to make overpayments to my Egg loan from my RBS current account through online banking :T. Made a small overpayment tonight to check it works! Loan is due to be paid up on 1/12/2010 but if this works out ok I can make regular overpayments and hopefully clear it by summer. I am delighted!!
  • It seems our egg loan end at the same time. And good riddance 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
  • Here here Happy!!
  • starnac
    starnac Posts: 5,946 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    min payment gone out today on DH's c/c so that's an extra £44 to add to my total.
    Goals for February
    Declutter 2/50
    Money Made £0/£200
    Overpayments £0/£200
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    Well done everyone for getting off to a good start. DEcember's a tough month to start this challenge, but a good one for the same reasons.
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