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

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Comments

  • oh might be made redundant next week :'(
    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
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    Oh no. That's awful. What's the deciding factor? Are they getting rid of several in your department?
  • Hyp3rion
    Hyp3rion Posts: 52 Forumite
    Hello all again.
    Well it is that time of the month where we all get paid in one hand and the debtors from the other.

    Made a mega payment today as I had some nice overtime. £970.50 towards Edge which clears the account, another one bites the dust! :T And another milestone reached, my total debt now below 10K.
    Need to make some more payments in the next few days :)

    Keep up the good work all.

    Hyp
  • My_life
    My_life Posts: 66 Forumite
    End of the month update for me - not as much as I would like this month due to having to essential house and car repairs - but we are getting there and have reduced the credit cards and mortgage down to by £5,960 (22.9%) since the 1st Jan 2010 so I am happy

    Well done everyone and a group hug for those not so lucky this month:grouphug:
  • mel19632
    mel19632 Posts: 647 Forumite
    oh might be made redundant next week :'(

    Poor you - when do you find out either way? Try to keep your chin up - we're hear for you to talk to 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%
  • mel19632
    mel19632 Posts: 647 Forumite
    Final payment of the month of £2,000 to Abbey and work loan of £104. Hope everyone has had a good month 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%
  • hi mel,didnt see that last night,should know by next week which is scary im clinging to the hope that if he does go we will get a l least a months wage just to be secure and hopefully getting another job :S
    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
  • misselvis
    misselvis Posts: 285 Forumite
    Energy Saving Champion
    oh might be made redundant next week :'(

    fingers crossed that it won't be the case or that OH finds a replacement really quickly. we are sending you encouraging cyber thoughts.

    Pay day came, pay day went. all the payments have come out so am now looking at the pitiful amount left. had a bit of a retail wobble. dangerous thing leaving the card in my handbag. entered my details on what's the cost and it was so inspirational looking at the amounts I have paid off and the total remaining. this month total payments = £800. if I managed to get some additional agency work over the month am looking to make an overpayment on my mortgage. am in the process of contacting the banks to reduce my cc limits in order.

    sending out DFW hugs to everyone on their journey. :j:j:j:j
    misselvis proud and in motion - dealing with her debts step by step :)DFW #107
    challenge pay off 6.5k by the end of 2017~ £388/£6500 challenge 1% challenge = 6% of debt cleared; challenge - build up 3 months emergency fund- £0/£6000
  • wow thats a great amount 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 = £41157.68
  • chops22
    chops22 Posts: 650 Forumite
    £85 TO cc for me today.

    Higs to HTGDF will be keeping my fingers crossed for you.
    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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