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£3000 Challenge
spamalot
Posts: 117 Forumite
Myself and my partner have agreed a fun and lets face it competitive way of reducing our debt.
We're taking £3000 of our personal debts each and having a competition to see who can clear it first using the most innovative methods. This should bring out the competitive streak in both of us and the prize is that whoever wins will have cleared £3000 of their debt! Even the loser wins by getting as close as possible to it.
He's already listing the ways in which he is going to save money so that he can beat me!!! If he wins I'll never hear the end of it!
Bring it on!!!
We're taking £3000 of our personal debts each and having a competition to see who can clear it first using the most innovative methods. This should bring out the competitive streak in both of us and the prize is that whoever wins will have cleared £3000 of their debt! Even the loser wins by getting as close as possible to it.
He's already listing the ways in which he is going to save money so that he can beat me!!! If he wins I'll never hear the end of it!
Bring it on!!!
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Comments
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Good idea and good luck!0
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yep good luck :beer:Savings Total so far for 2026: £0/£10,0000
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this sounds like a great idea increasing your money would be the best chance of winning ..all the best0
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do you have any ground rules...e.g. anything goes, or anything as long as it's legal?2021 Decluttering Awards: ⭐⭐🥇🥇🥇🥇🥇🥇 2022 Decluttering Awards: 🥇
2023 Decluttering Awards: 🥇 🏅🏅🥇
2024 Decluttering Awards: 🥇⭐
2025 Decluttering Awards: ⭐⭐0 -
Oooo sounds like fun. What are your plans (assuming he doesn't post on here)?
Any ideas you can throw my way would be really appreciated!
Pay off CC debt by Xmas 2017 #095 £0 of £11,416 :eek:0 -
I've started loading things onto ebay in the hope that it will give my chances of winning a good start, although I think he has cottoned onto that one! He's now talking about what he can sell....mmmm
well i still have my secret weapon.....this site!!!!
The ground rules are:
It has to be legal and no moving home to live with mum!:rotfl: :rotfl:0 -
Great idea
If you weren't working on this little competition, how long would it take to clear the 3000? How quickly do you want to clear it? I'm just curious how much you have left over - is stuff like matched betting an option?DFW Nerd No. 140
Status as of 30/11/12
[strike]Rent 2500 Council Tax 800 NlPower - 800[/strike][SIZE=-2]:j IF - 8000
British Gas - [strike]112[/strike] - 102 Lloyds - 1123
Barclays - 306 Barclaycard 1,123 HSBC - 200 Capital 1- 400 Barclayloan - 4500[/SIZE]0 -
Hi Spamalot, this sounds like a great idea - going to suggest it to hubby as soon as he wakes up tomorrow! Oooh, I feel a challenge coming on!!! "I wasn't wrong, I just wasn't right enough.":smileyhea97800072589250
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This sounds a like a fab idea! I wish you the best of British! Really ought to try this myself. My partner and I bought a house in May 06 and I'm in charge of the money as he works away and I'm TERRIBLE with money. If it's there - I spend it! Hope it goes well for you!! Keep us posted.Getting older is inevitable, growing up is optional :rotfl:0
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What a great idea! Good luck with it!PigginSkint's debt free diary
DFW Nerd 1049 Amazon Sellers Club member 54
Total mortgage debt: 30/4/17 £14090.77 (Last payment: September 2021)
LTSB Loan 30/4/17 £6633.71 (reduction by 48%)
Total credit cards: 30/4/17 £25971.91 :eek:
Total non-mortgage debt: 30/4/17 £32876.49 :eek:0
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