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

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  • poohbear59
    poohbear59 Posts: 4,866 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    I forgot that I had bought some Christmas presents on a store card. The bill came in today so I have paid it off immediately as the interest rate was 30.9% !!!

    So I have paid off another £76.86 but I hadn't calculated it into my £20,000 so I haven't added it to my sig.
    business mortgage £0))''(+ Barclay's business kitchen loan £0=Total paid off was £96105 PPI claimed and received £13527
    'I had a black dog, his name was depression".
  • InaPickle
    InaPickle Posts: 5,968 Forumite
    1,000 Posts Combo Breaker
    poohbear59 wrote: »
    I forgot that I had bought some Christmas presents on a store card. The bill came in today so I have paid it off immediately as the interest rate was 30.9% !!!

    So I have paid off another £76.86 but I hadn't calculated it into my £20,000 so I haven't added it to my sig.

    Well done for being so honest. :T
    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~
  • S.Worth
    S.Worth Posts: 39 Forumite
    sarahs999 wrote: »

    And we've got MOT next month adn DH thinks we'll need brakes doing. Gah.

    Brakes can be comparatively cheap to do, if you can get pattern parts (e.g. from Andrew Page) and fit them yourself which can be easy with disc brakes. It's worth having a look at them before the MOT, you may just get away with a bit of TLC on them. Any friend you may know that "does things with cars" should be able to sort brakes out, that's how I do it :D.
    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
  • S.Worth
    S.Worth Posts: 39 Forumite
    poohbear59 wrote: »
    I forgot that I had bought some Christmas presents on a store card. The bill came in today so I have paid it off immediately as the interest rate was 30.9% !!!

    So I have paid off another £76.86 but I hadn't calculated it into my £20,000 so I haven't added it to my sig.

    Erm, you haven't got a sig....:p
    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
    madmich666 wrote: »
    Hi all,

    Its my bday today and have received about £150 from friends and family. Going to talk to hubby but as we don't need anything I might use that to pay my virgin credit card its close to the F & F settlement they sent me a few months ago so might try that again.

    Have a good day all and keep up the good work!!!

    Mich

    Happy birthday and a card gone will be great..one less to worry about.
  • taxi73
    taxi73 Posts: 20,815 Forumite
    Well done everyone..we are getting there.
  • Earthstrong
    Earthstrong Posts: 129 Forumite
    £60.00 overpayment to mortgage.
    Mortgage £25,789.17/£24,918.14/£22,921.47
    Pay off £20k by Xmas 2010 - £16,360.00
  • starnac
    starnac Posts: 5,946 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    £2.50 PAD for me again today
    Goals for February
    Declutter 2/50
    Money Made £0/£200
    Overpayments £0/£200
  • madmich666
    madmich666 Posts: 216 Forumite
    Hi all,

    Thanks for wishing me a happy bday. Talked to hubby and he agreed with me so just waiting for the cheques to clear then will put it in savings for a bit until I get eh F & F settlement sorted out in writing.

    Also I'm really excited cos I've just checked my bank and my work cheque has cleared so I can pay some bills!!! Woohoo!!!

    Mich

    x
    DFW Nerd No: 758 :cool: Proud to be dealing with my debts!:T Proud mum to Bon-Scott my amazing 10/10/10 baby :p
  • chops22
    chops22 Posts: 650 Forumite
    £160 over payment to MBNA this morning.

    My balance with them is finally starting to come down!!
    LBM Total: £33356 15/11/09 :eek: £6085.63 paid
    Pay off 10% by March 2010 (3336) yes!!!:j
    Pay 19k by Dec 2010 19000/5732.39 30.12%
    DFW Long haulers #198.
    23/40lbs
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