We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The big challenge - pay off £20k by Christmas 2010
Comments
-
Just paid off the remaining £400 of our Tesco Mastercard so that's history now :j.
Most of my Virgin balance is now with Santander at 0%, so from now on I'm hardly going to be paying any interest.
With our overtime money from last month, I can probably clear the 2 furniture loans, but with the recent problems with the car, I may hang on for a couple of weeks, just in case. Then again it's tempting to just pay off the loansPay 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) £1104.580 -
Oh, and I just checked the bank account, £70 to BoMaDIL and £80 off the sofa loanPay 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) £1104.580 -
well done s.worth, i need to check my numbers see where i am, christ having so much debt is hard work when your crunching numbers
x
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 = £41157.680 -
£25 for me today to MBNA a little bit but they all count
DTxx0 -
Happytogetdebtfree wrote: »well done s.worth, i need to check my numbers see where i am, christ having so much debt is hard work when your crunching numbers
x
Tell me about it, I just found out I worked out my furniture loan wrong, it was about £230 more than expected :eek: Anyway, I'll adjust my figures in my sig, it'll still work out that I'm trying to pay off £12,500.
I bit the bullet and paid off the furniture loan, so that'll be £700 further down the road/hill !
I have a feeling some of the others will be wrong too, the confusion of christmas budgeting took its toll on my calculations:oPay 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) £1104.580 -
I bit the bullet and paid off the sofa loan too, another £480 off, no more sofa loan :j
This is not normal for me btw, we got quite a bit of overtime pay in December, DW does OT quite a lot but I usually only get some every year or so.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) £1104.580 -
Well done on all those payments S Worth...that's fantastic.0
-
well done S Worth. you are doing well. bet it's nice to see 3 less debts now.
C/C statement arrived today and with the adjustment of interest paid and PAD that's another £9.08 paid offGoals for FebruaryDeclutter 2/50Money Made £0/£200Overpayments £0/£2000 -
£25 to Virgin0
-
£1000 off my overdraft todayDebt £26k 18/10/140
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.3K Work, Benefits & Business
- 599.5K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards