£2.78 per hour

shadydaz

mine is £1.28 per hour of debt repayments, coupled with saving £0.56 per hour to repay loan early in the first weekend of October my total is £1.84 per hour, not including other savings and investments. cor, That's top, I am well impressed with myself.

Nice work Andy.

andys15

Well 1 month on and £2002 plus repaid. I think this hour thing has really put my huge debt into prospective. I spend a massive £66.72 each day servicing my debt, I could get a week shop for that. My debt seems to be coming down so slowly as if the £66.72 doesn't make a difference. Oh its so depressing, how did I get so badly into debt. Well I know how, but I never realised the harsh reality. I wish I could meet me from 10 years ago, I would kick his axxe.

psychopathbabble

andys15 wrote: »

Well 1 month on and £2002 plus repaid. I think this hour thing has really put my huge debt into prospective. I spend a massive £66.72 each day servicing my debt, I could get a week shop for that. My debt seems to be coming down so slowly as if the £66.72 doesn't make a difference. Oh its so depressing, how did I get so badly into debt. Well I know how, but I never realised the harsh reality. I wish I could meet me from 10 years ago, I would kick his axxe.

But then again, now I've looked at your thread after buying chocolate and crisps in the shop yesterday, that could have been another 2 hours of my debt... so every time I have the urge to buy crisps and chocolate (my massive downfall with money along with expanding waistline!) I'm going to try putting the money in a tin instead and see how quickly that adds up to go towards my debt.

In theory anyway See how long it actually lasts!

Indebtmummy

Mine is disgraceful at only 10p per minute!!!!!!!!!! How depressing!!!! Must start ebaying!
Have a lovely long weekend everyone! x

muppets

I just worked mine out and i'm paying 0.11p per hour

honeybear_2

Brilliant idea! Though am depressed at it only being 79p an hour - must try harder!

MacsReturns

34p an hour for my mortgage. That's about 3 pints of beer a day...

I'm SO looking forward to clearing my mortgage now :beer:

SpagBol

Our hourly payment for our combined debt (mine and hubby) including our mortgage is £3.71!! It seems a lot compared to some but I thought it would be more to be honest so am not sure how I feel about knowing that...I'll let it digest a bit I think. Thanks for posting this, very interesting!

Woowoo

I love this!

My current level of debt costs me £5.50 a day in interest. Can't work out what I pay back as it varies every month.

Will bare the £5.50 in mind everytime I want to waste my money on takeaway or some other crap!

SteveV2

I guess if you want a more exact figure x the payment by 12, divide by 365 and then divide by 24. Should knock a penny off most peoples

£0.598 for me, I stuck the 8 in 'cause it's nearly 60p