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Does anyone want to go head to head?

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  • CathChat
    CathChat Posts: 164 Forumite
    Everyone else is having such a good start!

    I had a good chat with the OH last night and he told me he was going to do some extra overtime and save up his 5p and 50p's.

    Also I'm going to add my £2.00 savers money(Not much at the moment)
    and my 20p savers money.

    Will see if I can find anything to sell on ebay

    And will also be adding any travel expenses I get from work to the pot.

    Good luck everyone:beer:
  • tru
    tru Posts: 9,138 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    I wouldn't have a limit on numbers for this challenge - the next thing you know, there's an exclusive club. Then someone else starts an exclusive club, then there's arguments and b!tchiness. It's happened before, it starts off well and ends up with lots of bad feeling.

    Great challenge though :beer:
    Bulletproof
  • Mirtos
    Mirtos Posts: 728 Forumite
    Ahhhh! Am feeling as though I'm left behind - I'm not going to be able to pay anything off mine until at least tomorrow, as am waiting for money from amazon and payplan to clear. Have cunning plan to sell some more stuff on ebay, and I have an old annual on there now that will hopefully go for at least something! But I want to pay something off NOW NOW NOW!I've given the OH an ultimatum that if he doesn't cash in all the loose change he has accumulated (about £10 worth!) by Saturday morning, then I'm claiming it as my own for this challenge! Brilliant idea for a runners up prize em! (Rolls up sleeves) Right! I'm off on a money making mission!
    Official Debt Free Wannabe Nerd Club member 095! Debt Now:
    M&S £5000 £2071.49 - 3.9% |Cahoot Loan £8646.96 £7453.24 - 5.8%| Barclays OD £2250.00 £991.99 - 0% Halifax Card £1620.60 - 0% Savings: £927.59
    Grand Total = £22,540 £11,209.73 :eek:Total paid off since 31st May '06 = £11,330.27 :T Semi-DFD Dec'07?
    Savings for temporary unemployment fund: £763.05 @ 8%, £164.54@ 4% Total savings: £927.59

    £18k Challenge £18,934.21 £11,209.73 to go!
    Proud to be dealing with my debt.
  • ehallett
    ehallett Posts: 1,960 Forumite
    troo wrote:
    I wouldn't have a limit on numbers for this challenge - the next thing you know, there's an exclusive club. Then someone else starts an exclusive club, then there's arguments and b!tchiness. It's happened before, it starts off well and ends up with lots of bad feeling.

    Great challenge though :beer:

    Hi

    I wasn't trying to exclude anyone at all. It's just that it is kind of built up as a contest and it's designed to try and spur everyone on to clear their debt the fastest when maybe it would have taken a lot longer to do so.

    Also to make this work everyone needed to have a similar sized debt and at the end it will be nice to see the very last person clear their debt and then the challenge would have reached it's conclusion and everyone will have roughly £1,000 less debt than at the start of the challenge and everyone wins. Obviously if we had a lot of people doing this then we would never reach the end when all the debts had been paid.

    Hope this makes sense :D

    Emily
  • ehallett
    ehallett Posts: 1,960 Forumite
    Mirtos wrote:
    Ahhhh! Am feeling as though I'm left behind - I'm not going to be able to pay anything off mine until at least tomorrow, as am waiting for money from amazon and payplan to clear. Have cunning plan to sell some more stuff on ebay, and I have an old annual on there now that will hopefully go for at least something! But I want to pay something off NOW NOW NOW!Brilliant idea for a runners up prize em! (Rolls up sleeves) Right! I'm off on a money making mission!

    Don't worry, I haven't cleared any off mine yet either, I'm going to list a load of stuff on Ebay later on this evening. I'm just going to go hunting around for anything that I think would sell.

    When I've sorted out a little runner-up prize then I will let you all know what it is as an incentive. :beer: :dance:
  • Molanole
    Molanole Posts: 1,563 Forumite
    Debt-free and Proud!
    If you don't all mind I might lurk on this one even though I won't be joining the challenge officially. I'm trying to pay off my student loan to give me a nice psychological boost before getting started on my egg loan but the balance is a bit too high to work in tandem with you guys. I will keep an eye on the reaching a 1000 target though and nick all of your good ideas if that's ok!!! :money:

    Incidentally, I think it's 10p listing day on eBay today.......
    Debt Free Nerd No. 89, LBM: April 2006, Debt at highest (Sept 05): £40,939.96
    NOW TOTALLY DEBT FREE!!!!!!!! Woooo hooooooo!!! DEBT FREE DATE: 23 December 2009
  • Annie_Fanny
    Annie_Fanny Posts: 1,167 Forumite
    "Debt makes plans for you" - A quote from my friend Catherine. How true!
  • DA DA DA DA DA DAAAAA

    I got paid today for P/T job and have just paid £82.84 off the Credit card.

    £1,046.26 left to go.

    I must have £46.26 somewhere. Time to count those pennys I think.
    Total Debt November 2016 =£9,660.52 :mad:

    Monthly Repayments = £593.09 :eek:

    Goal to be debt free December 2017/ Savings £500 :T
  • ehallett
    ehallett Posts: 1,960 Forumite

    I would do this but I took out a free trial with them before for the DVD voucher :wall:
  • Mirtos
    Mirtos Posts: 728 Forumite
    maybe try to get your oh to do it for you em?
    Official Debt Free Wannabe Nerd Club member 095! Debt Now:
    M&S £5000 £2071.49 - 3.9% |Cahoot Loan £8646.96 £7453.24 - 5.8%| Barclays OD £2250.00 £991.99 - 0% Halifax Card £1620.60 - 0% Savings: £927.59
    Grand Total = £22,540 £11,209.73 :eek:Total paid off since 31st May '06 = £11,330.27 :T Semi-DFD Dec'07?
    Savings for temporary unemployment fund: £763.05 @ 8%, £164.54@ 4% Total savings: £927.59

    £18k Challenge £18,934.21 £11,209.73 to go!
    Proud to be dealing with my debt.
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