£365 in 365days - part 2 (February)

KPR11

Hi Euronorris,

I completed a SOA and posted it under: Mission Possible - Debt free by 01/01/2012.

What is a snowball calculator and where can I find it?

What exactly is a Payment a Day challenge?

I guess I have done ok so far but I (am) was slipping and going back into a spiral so am trying to arrest the slide.

There is no doubt you guys are a friendly bunch!

Thanks for your help.

PS: £1 in for today!

babes21

£3 for me today .

Pippajo

Hey all, my car has gone to the great scrappy in the sky - well it looked that way when lifted onto the back of a truck :rotfl::rotfl::rotfl:

In return I got a lovely £50 pound note - don't worry if its not real I know where to go to get my money - but going to pay into the bank then take back out to sort my pot!

euronorris

Morning all. Another 3 Euro's added, so I'm back on track now.

Not well at all today, so at home. Bleugh.

KPR11 - Snowball calculator can be found here: http://www.whatsthecost.com/snowball.aspx . You enter your debts, and the APR's, and how much you have available for debt repayments and it tells you which you should pay off first so that you pay the least amount of interest overall. It also gives you a Debt Free Date (DFD). And...if you play around with the figures you can see how much an extra 10 quid here and there can bring the DFD forward. (Mine started in 2014, and is now Sep 2012 )

Payment a Day (PAD) is a thread on the DFW diaries board. Basically, we all aim to make a payment a day, however small, to our debts or savings. It helps encourage you to not buy that magazine/choc bar/coffee etc that you don't need as you start thinking 'oh, I could PAD that money instead though'. At least, that's how it works for me.

You should come on over and say hello.

I'll check out your thread when I get a chance.

scotmumof3

Hi everyone another £1 for me today :T

mummy-of-2-princesses

im new here but im doing this Via someplace else

im using a sealed tin so no way of knowing what is in there (seemed like a good idea at the time aarrgghhh i SOOOO want to open it)

i know in Jan i managed to put £25 away & then hit a wall (no money) so having only put 50p here & 20p there ive no idea what is in there boo hoo

i have £20 in a savings acc that i put to 1 side & if i have it in there still when i get paid again on the 23rd then ill take it out & put it in the tin BUT with only £30 in my pocket until then im hoping i dnt need to dip into it (only got bread & milk & buttie stuff for the kids to get & they are on Hol next week so heres hoping)

this is a great idea - we are saving towards our holiday so this will be on going until at least next summer BUT ill do an add up at Christmas to see where i am up to

im also saving towards my Daughters Dance Championships (need £150) & towards Christmas (god knows how much ££) & trying to pay my parents £100 back that i owe them so its all cash cash cash

looie

hi all, not been on this thread for a while but I am still on track and it's good to see everyone's doing well with the saving. Added another £3 to my tub, takes me upto Sunday.

niksyg

Haven't had a pound for a while....so, just (sweetly) asked oh if he had a pound I could "borrow"...he saidIcould only have it if I told him what it was for...couldn't lie so said it was for my pound pot....he riased his eyebrows and said "why don't you just put in a tenner a week....and then over the christmas weeks you won't have to put anything in because you'll be over" - - think he may be on to something there!!

scotmumof3

Hi and welcome mummy of 2 princesses:hello:I joined late too and trying to catch up. Just put in what you can every little helps :T

raven-333

I didnt have a £1 yesterday so none for me.