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

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Comments

  • sallyx
    sallyx Posts: 15,815 Forumite
    Hypno

    My debts are now reletively small (they were mahoosive) but this I hope is the year that I finally get debt free. The amount I am paying off will be approx £5k but as OH is still unemployed and I only earn roughly 5k this will really be a HUGE challenge for us. I have set a date of 10.10.10 that I want to be debt free so here's to a good year!
    I'll make a wish, take a chance, make a change And breakaway. I'll take a risk, take a chance, make a change and breakaway ....
    Finally Debt Free...
  • itrs actually much better its 8.15 % there becausse i paid some bills and transfeered some owed money yau.. off to sleep back at work tonight 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
  • itrs actually much better its 8.15 % there becausse i paid some bills and transfeered some owed money yau.. off to sleep back at work tonight xx

    Well done! I make it that we are only 5.81% of the way into the challenge so you are ahead of target already!

    Payment of £25 to MBNA today. Thats my final standard payment. Will make an overpayment in the next week, but not sure what it will be yet...

    Hope everyone has a lovely xmas.

    xx
    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%
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    £52.57 to Abbey.
  • S.Worth
    S.Worth Posts: 39 Forumite
    Wow, two more sleeps till Christmas and people are still paying off some debts!! :j

    Pay day for me and some regular payments have come out, £70 to bank of Mum and Dad-in-law, and £80 to CSL Sofas, so that's me of the mark at last :D Sig updated, and more to follow soon!

    Went to Tesco last night, and had to spend £101.60 :eek: Note to self, never let DW write the shopping list :o
    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
  • taxi73
    taxi73 Posts: 20,815 Forumite
    Please can I join in...I'll go for £20k please.Pity I didn't see this when you first set it up as I'd have been well on my way.
  • taxi73
    taxi73 Posts: 20,815 Forumite
    I can't fit it in my sig but will have to do it as a running total in my post until I get rid of some of the debt or find a way to shorten my sig.
  • Merry Christmas everyone.

    £67.50 to MBNA.
    Mortgage £25,789.17/£24,918.14/£22,921.47
    Pay off £20k by Xmas 2010 - £16,360.00
  • Happy Christmas All

    Payday today managed a £314.50 PAD today.

    Still going well

    Duckie
    To be figured out!
  • InaPickle
    InaPickle Posts: 5,968 Forumite
    1,000 Posts Combo Breaker
    edited 24 December 2009 at 12:29PM
    Another £3.34 off the CC thanks to online bingo. :T [Insert Tesco slogan here!]
    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~

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