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

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  • chops22
    chops22 Posts: 650 Forumite
    edited 28 January 2010 at 7:34PM
    Just declined to go out tomorrow night for a drink....so I have put the £20 I would have spent and paid it of a CC.

    Ha I can not believe how happy I am about staying in!!:j:j
    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
  • LexieLou
    LexieLou Posts: 715 Forumite
    Part of the Furniture 500 Posts Debt-free and Proud! Name Dropper
    Hi,

    In Jan I have paid £1804.55 towards my £15k target!!

    I'll update my signature at the end of Feb.

    LL xx
    £38,000 and change to £0
  • £73.69 left and got paid today so decided to transfer the extra to my ISA :)
  • mel19632
    mel19632 Posts: 647 Forumite
    Final month payment of £826 - bit disappointed as I was expecting to pay off more but never mind, at least its £826 less than i owed before!

    End of month figures:

    Total paid off in January £1,556

    Total paid off for challenge £3,563
    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%
  • Hi all,

    Another few small payments out today so that is another £20 off my debt. Also got some money out the bank this morning to give to the bank of dad but will update once he has accepted it as he is a bit stuborn! Was taking 20% of the ebay items but he said something about taking 50% so might owe less than I thought!!! :)

    Keep up the good work everyone!!!
    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
  • Its payday! I have paid my bills and added what has been spent for wedding and updated signature.
    Everyones doing really well on this challenge.
    Debt at LBM £19700 :eek:
    Arrears £4800

    :j married 14/08/2010 :j
    Date wife can move to live with me 28/02/2011 (date she can leave work for good) :beer:
  • mel19632
    mel19632 Posts: 647 Forumite
    Decided to squeeze a bit harder and £520 has fallen out of the budget. Off to pay it off barclaycard.

    Well done for a good month all! x
    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%
  • wow well done on the payments xxxx
    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
  • Theres some massive payments up there!:beer:
    MY LBM.NOV 2009 - £46,465.69:mad:
  • Yay, pay day for OH today and £500 added to savings! Hooray!!!
    A penny saved is a penny earned' - Benjamin Franklin
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