One debt Vs 100 days ~ Take Two

beanielou

£100.55 today.
Welcome new2themoney game to MSE & to our lovely thread

starnac

hi all payday for me today. so £400 paid off c/c leaving a balance of.......£0 :j:j

However we are still only half way through the challenge so i can't leave it at that. I will be back later when i've worked out what's next.

happy payday to anyone else who gets paid today

beanielou

Great news starnac

alli_baba2

Hi everyone, checking in for my monthly update - paid 192.48 off my debt today which takes me under the £1000 marker - go me!!!!!:j. Wanted to add that you are all doing fantastically well - keep it up.

postingalwaysposting

tirlittan wrote: »

Hmmm, are we supposed include the interest? I'm not. I know if I paid £470 off the debt, it wouldn't be quite £470 if I include the interest, but can't be asked with that.

shrimpy_80 wrote: »

Don't know if this helps, last challenge I wanted to pay a chunk of my credit card, say £500, so I didn't account for any interest, just added my payments up to make my target amount. This month however I want to clear my overdraft, so I am including interest otherwise the amounts wouldn't tally.

Don't know if I've explained that very well! I think its really your choice as to what you find easiest/more motivational to calculate.

Hope Pap agrees!

I agree, don't worry about interest. Just tell me what you have paid towards in for your 'chunk' or debt. If it means £20 in interest repayment not to worry. It just means on here you may hit you target get still have the £20 interest to pay on your account iyswim. Just please keep an eye on your main accounts and not use this challenge/the figures on the front page to calculate your DFD by :A

starnac

Hi PAP please can you put me down for £183.80 to round up my savings please? I tidied up my current account and added £7.44.

So new balance £183.80. Payment today of £7.44 leaving £176.36.

thanks

brokemedic

I got paid today so have paid another £20 off my debt..

newlifeahead

Yeah... I have paid £84.94 today. This has cleared the balance of my storecard including the interest charges.

So glad to finally get rid of it. It is all down to this thread. I would have just cleared small amounts every month and not cleared it this quickly.

Will now save to pay my car insurance and mot which are both due at the end of March.

I will contiune to read this thread and hope to join the next one too.

Good luck everyone:money:

motherof2_3

I paid off £100 today!

*Jellie*

Paid £1029.41 today meaning I'm debt free and have met this challenge! :j





PAP- could you add that I now want to save £1500 by the end of the challenge!! Ideally I'd like it separated from what I've done so far as in my signature! Thanks for your inspiring challenge. These challenges have really helped me make it!