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

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  • Just paid £20 off my target there,i know its not much but its a start.Finding it tight coming up 2 Christmas and had my mortgage come out 2day so will be able 2 get properly started with this challenge from 2morrrow onwards!:j
  • InaPickle
    InaPickle Posts: 5,968 Forumite
    1,000 Posts Combo Breaker
    Just paid £20 off my target there,i know its not much but its a start.Finding it tight coming up 2 Christmas and had my mortgage come out 2day so will be able 2 get properly started with this challenge from 2morrrow onwards!:j

    Seriously, we need to think about adopting the Tesco slogan: every little DOES help!
    Please call me 'Pickle'
    No More Buying Books: ???
    No More Buying DVDs: ???
    NMB Toiletries ??? and I've gone back for my Masters at the University of Use Ups!
    P
    roud to be dealing with her debts 1198~

  • Lemon_Tree
    Lemon_Tree Posts: 10,202 Forumite
    Part of the Furniture 10,000 Posts
    you're not wrong there Pickle
  • £60.00 mortgage overpayments made today, bizarrely found myself feeling left out with everyone doing well with debt payments so far.
    Mortgage £25,789.17/£24,918.14/£22,921.47
    Pay off £20k by Xmas 2010 - £16,360.00
  • S.Worth
    S.Worth Posts: 39 Forumite
    Can I play this one too? I've been totting everything up (gulp). Plan is to clear all the credit and then save up and buy DW a new camera as soon as possible (nice to have a target). This means we are looking at around £12,500 (another gulp) but I'm sure we can do it. DW is doing a lot of overtime at the moment, which should really help.

    The breakdown:

    Barker and Stonehouse furniture loan 0% £582.90 (Should end 1/5/10)
    CSL sofas loan 0% £640 (Should end 23/7/09)
    Tesco Mastercard 18%?? £1629.39 (some savings to pay a lot of this off soon:D)
    Virgin Mastercard 18%?? £2262.55 (transfer to Abbey 0% imminent)
    Halifax Loan (not flexible but can pay early, grrr) £2747.42
    Bank of Mum and Dad in Law £3300ish
    Nikon D300 (or similar) £1200
    Pay off £20k (well £12.5k) by December '10 £12,500/£3398.59 = 27%
    Furniture loan [STRIKE]£816.06[/STRIKE]/£0 =100%, CSL sofas loan [STRIKE]£640[/STRIKE]/£0 =100%,Tesco Mastercard [STRIKE]£1629.39[/STRIKE]/£0 =100%,
    Santander Mastercard [STRIKE]£2262.55[/STRIKE]/£2217.50 = 2%,Halifax Loan [STRIKE]£2747.42[/STRIKE]/£2491.24 =9%
    Bank of Mum and Dad in Law [STRIKE]£3300[/STRIKE]/£3160 =4%,
    Save for a Nikon D300 (or similar) £1104.58
  • I have signed up to this one and the 10k one, I need every bit of support I can get! I have been fantasizing (when frankly I should go to bed! and or getting a life) about me spending Saturdays getting to the post office on time and counting up my coppers selling stuff on ebay, music magpie etc!

    However so far I have read a lot of diaries, whilst sitting on the sofa........

    keep up the good inspiring work, I promise after Christmas I will be a force to be reckoned with !

    oh and Happy Christmas of course!

    xxxxx
    Nevertheless she persisted.
  • S.Worth
    S.Worth Posts: 39 Forumite

    However so far I have read a lot of diaries, whilst sitting on the sofa........

    LOL, I've done exactly the same for the past 3 evenings! Very inspiring!
    Pay off £20k (well £12.5k) by December '10 £12,500/£3398.59 = 27%
    Furniture loan [STRIKE]£816.06[/STRIKE]/£0 =100%, CSL sofas loan [STRIKE]£640[/STRIKE]/£0 =100%,Tesco Mastercard [STRIKE]£1629.39[/STRIKE]/£0 =100%,
    Santander Mastercard [STRIKE]£2262.55[/STRIKE]/£2217.50 = 2%,Halifax Loan [STRIKE]£2747.42[/STRIKE]/£2491.24 =9%
    Bank of Mum and Dad in Law [STRIKE]£3300[/STRIKE]/£3160 =4%,
    Save for a Nikon D300 (or similar) £1104.58
  • InaPickle
    InaPickle Posts: 5,968 Forumite
    1,000 Posts Combo Breaker
    £37.82 paid of the CC. [Insert Tesco slogan here]

    More to follow very soon...just got paid today but need to figure out what to do with it all so I don't go overbudget! :D
    Please call me 'Pickle'
    No More Buying Books: ???
    No More Buying DVDs: ???
    NMB Toiletries ??? and I've gone back for my Masters at the University of Use Ups!
    P
    roud to be dealing with her debts 1198~

  • se999
    se999 Posts: 2,409 Forumite
    Another £25 from OH's scratchies and bingo account to savings, new total £1484.50
  • £208.03 went to Egg yesterday so off to alter sig should be over 1% paid off now :rotfl::rotfl:

    DTxx
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