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

Moneytroubles_2

It is great to see that the motivation is still here! Another £5 off VERY today, so balance is now £470! Hoping I can push myself to have this paid by April, but we will see

Well done to everyone else xxx

taxi73

Great going everyone..a couple of payments today have brought me to just past £12k.

Moneytroubles_2

wow taxi - that is amazing!! please share your secret XXXX

taxi73

No secret..just scrimp and scrape and odd surveys here and there and being frugal..that's it really.

Moneytroubles_2

Its brilliant - Well Done XXX

taxi73

Thanks..everyone is doing well.

sarahs999

I am impressed taxi, as I don't think I've even earnt 12k since the beginning of the challenge! You must have a really good job. You'll be finished by easter at this rate! What will you do then?

gailey_2

Well done everyone, keep momentum going.
taxis racing ahead-superwell done.
money troubles wish my very was £470 with interest added it now stands at £800 really want to clear it by april as hate it so much!
Might start padding again on very.

big development here.
we cancelled hubbys sharesave as not sure will earn much and hes looking for better paid new job.

paid £1800off tesco card today-remaining balance £700 hope to clear next 2-3months down to zero, will have extra £140 a month to put towards credit cards.

£40 paid on loan as usual for me.

next payments aa loan for hubby had statement today depressing as paid 5grand but 2grand is interest!
Another 5years left!

i have to start getting agggressive with catalougues!

cant wait to hit 5grand mark, hope to it by end of this month!

so dec,jan,feb,march need to average over grand a month.and make extra 8grand to hit target!

but we moving in right direction so am bit happier.

Moneytroubles_2

Gailey... Padding is how I am reducing the balance, I found an older post of mine from christmas time where my balance was £820, so it really is working, some days I only pay a pound, OH laughed at my bank statement the otherday as it was just full of transactions to very lol, also my balance will go up at the weekend when interest is added - booo! I also want to have mine paid off by April, Hope to pay nationwide off this month as I pay £50 a month but only have £100 left so gonna try and push myself to get it paid off

Anyway today we have paid £203.81 to Halifax off to make a payment to VERY now will be back shortly to update my signature xxx

Moneytroubles_2

Just paid £2 off VERY - balance is now £468 and have updated my signature, off out now so will be back later to have a good read through everyones posts have a good day xxx