Olympic Countdown aka clear those debts by July 2012!

planning_ahead_2

I've tried sending a message to The Dragon - but think I have stuffed up cos it says 0 messages in my sent box

Anyway the message was to ask if you could please amend my starting figure for the Olympic Challenge from £48,168 to £47,728 - I got an annual statement today for a loan and realised I had over-calculated the amount remaining. At least I hadn't under-estimated it as that would have been such a blow to my figures.

The_Dragon

Okay - I have made a payment myself today of £65.20,adding this to the payments by kittiej, runmichellerun and planning_ahead AND the reduction on the initial repayment figure by planing_ahead this is how the team stands

Total to pay at start - £1,396,549.65
Total paid to date - £18,690.77
Percentage paid = 1.34%

planning_ahead_2

The_Dragon wrote: »

74. planning_ahead - £47,728 paid £1,127 (6.48%)

Hi Mrs Dragon:D

I wish I had paid 6.48% cos that would mean I had paid £3093 (big sigh - but can't find the right smiley;))

My fault for messing you about with my figures....but you will need to adjust that percentage:beer:

The_Dragon

planning_ahead wrote: »

Hi Mrs Dragon:D

I wish I had paid 6.48% cos that would mean I had paid £3093 (big sigh - but can't find the right smiley;))

My fault for messing you about with my figures....but you will need to adjust that percentage:beer:

Opps sorry! That should be 2.3.6% I got you mixed up with runmichellerun when I wrote it down ready to transfer!

madmich666

Hiya everyone is doing so well. Not had much chance to get up to date with the thread but will be doing that this week end while keeping a close eye on ebay for my stuff to sell (hopefully).

Ive paid off another £24 not alot but need to save some money just in case i get paid late again next month. On the plus side I have got £190 for my birthday which was on monday so am trying to use that to pay something off.

Keep up the good work everyone!!!

skaps

£25 minimum payment to one of my CCs being paid today.

Kiwisaver_2

You're all going great guns!!

No further payments yet from me, but I did go to the bank today to sign the paperwork for my revolving credit facility (I'm calling it the Black Hole). I won't have a 'mortgage' as such anymore, nor any money in the bank as it all gets combined into a net debt (overdraft), with current account and saving merged into one overdraft facility at 5.75% interest. So the more of my money and the longer I keep it in the bank, the less interest I have to pay. I know it's not for everyone and you have to be really, really disciplined (I am now) and my aim is to then chuck every cent into it as I can.

I can't wait to see it and check the balance as there are some costs and wash-ups of interest as all other bits get closed off and merged. Bring it on!! :T

Will update my balance as soon as I know.

Claireloulin

Another £65.67 paid today. :j
This thread is really helping me to look closely at my debt and making sure every spare penny is going towards paying it off. Thanks;)

Mischa

What a great idea!! You have inspired me!

The_Dragon

Thank you skaps and claireloulin - both your amounts have been updated on the opening post

I'm hoping for lots of payments next week as payday arrives and bills are paid!