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

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Comments

  • My_life
    My_life Posts: 66 Forumite
    Well I am off the starting blocks - first payment made of £361 - only 1.39% down, but at least its a start. Payday 31st December so should be paying more then!

    Hope everyone has a lovely christmas:santa2:
  • InaPickle
    InaPickle Posts: 5,968 Forumite
    1,000 Posts Combo Breaker
    My_life wrote: »
    Well I am off the starting blocks - first payment made of £361 - only 1.39% down, but at least its a start. Payday 31st December so should be paying more then!

    Hope everyone has a lovely christmas:santa2:
    That's a good start as well! And Merry Christmas to you, too! :)
    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~
  • mel19632
    mel19632 Posts: 647 Forumite
    Just realised that I have been paid today - so £104 paid off work loan. Whoop!
    Paying down the mortgage:
    At 1 October 2011: £226,000
    Currently: £224,499
    Aim: 85% LTV (£212,500)
    Paid £1,500
    Target remaining: 88.89%
  • GVP_2
    GVP_2 Posts: 50 Forumite
    If it's not too late can I still join this please? I really think it'll help me out of the hole I'm in at the moment.

    I'm aiming to clear about £18K, so I'm gonna try to push for the extra £2000 as well. If you could put me down for £20000 I'd be most grateful.

    Good luck everybody :beer:
    Debt at LBM (28/08/09) = £43000 / Current Debt = £39800
    Wannabee debt free date 28/08/12
    The 20K challenge £0/£20000 (0%)
  • pippo
    pippo Posts: 3,891 Forumite
    Part of the Furniture Combo Breaker
    Despite Christmas ... I've made a start with a £200.21 overpayment to the evil egg account ..:j if my sums are right that's 1% .. :confused:, but realistically it needs to be around the £1K mark to achieve the target ..when interest is added.

    I also have a lot of cash in my purse, which is unusual and quite worrying .. what have I forgotten to pay??

    We are off to dear son's for Christmas, which seems to be saving us a fortune on food bills .. must be payback time:rotfl: but it will cost about £70 in fuel... & I don't mean the Good King Wencleslas type!

    I have received a 2p Quidco payment and while I truly believe every little helps this is perhaps too small to pay off cc!!
    Take care
    Pip
    x
  • Earthstrong
    Earthstrong Posts: 129 Forumite
    £100 to MBA today, £10.00 from mystery shop and £90.00 sub paid back from my son, thought I better use it for payments before he asks for another sub- being christmas..
    very impressed with how busy this thread has been considering the time of year.
    Mortgage £25,789.17/£24,918.14/£22,921.47
    Pay off £20k by Xmas 2010 - £16,360.00
  • InaPickle
    InaPickle Posts: 5,968 Forumite
    1,000 Posts Combo Breaker
    Five more finest British pounds off my total today, thanks, as my online bingo winning streak remains unbroken. :D I still have a few more tickets, so I could still potentially win more, but I'll still be happy even if I don't. :D: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~
  • InaPickle
    InaPickle Posts: 5,968 Forumite
    1,000 Posts Combo Breaker
    I didn't, but hey, I'm still happy: that's £5 I didn't have this morning! :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~
  • hayley_jayne
    hayley_jayne Posts: 223 Forumite
    Hypno can you add me please, I am going to go for £15k. It will be a mixture of paying off 'Bank of Dad' and a fixed term loan and money to our house deposit :D.

    I take it we include December 2009 so I can count this months savings / debt payments?

    H xxx
    A penny saved is a penny earned' - Benjamin Franklin
  • hayley_jayne
    hayley_jayne Posts: 223 Forumite
    OK, sig updated :)

    I have added in my two Dec debt payments to get me going, wow 2% there already!!

    x
    A penny saved is a penny earned' - Benjamin Franklin
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