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

Buffythedebtslayer

Hello!

I was wondering if there would be a new challenge,

Last year I started with 18,898 and have ended up with 11,456. I *should* be CC free at the end of the month - 200 left on one card so I am fairly pleased with that, but overall it has been disappointing. I did get a bit disheartened cos work is awful and its all a stress, but once I am out of debt I can quit, so that should be incentive enough.

(When I first joined here I worked out I should be debt free by now! but you know how life gets in the way!! car, dentist, sister etc)

Any how I want to pay off the debts AND save for a house desposit -

11456 debt
8500 house savings.

It would be lovely if I could do that, really really great!

Cheers Hypno

xxxx

Lemon_Tree

hi Pania, glad to see you here, sorry to see what's been going on in Pania land.

I've just done my numbers and i've started well £1101 but that's probably it for the month unless is win some more in my last few days of BB

debt.b.gone

Hi can I be added to this challenge too please.....20k for me.....wow that would be amazing!!!!:j

Earthstrong

First payment of the challenge, £100 off my credit card, minimum payments for this month until I get the accountant bill!.

mel19632

First payments for me today as well - £80 to Citicard and £87 to Barclaycard total of £167.

Hope to pay off the rest of Citicard in next few days which will leave us with 3 credit cards to pay off!

Hope everyone is having a good start to the challenge xx

juicygirl

Can I join too please?

I'll go for the full £20k - £8k to pay off my debt and £12k savings for a house deposit.

Thanks Hypno x

Mum_on_a_mission_2

I'm in please - £15,000 for me.

Tight but I hope achieveable as DH more motivated this year to get things rolling. If his job improves it may be possible to go higher, but if not that'll do to aim for.

thanks Hypno,

Moam

hypno06

All challengers duly added to the first page......good luck everyone!

se999

Another 2 bits:

Used nectar points in Sainsbury's so saved £25
Used BA miles for a flight and saved £52.50

So £77.50 to add, running total £1409.50

mel19632

£666 paid to Citicard - all gone! That means an extra £80 a month to put towards other debts.

A few more extra christmas presents to get today then I should be done xx