***The A Fixed % of Money Left After Bills Goes On Debt Challenge***

jtr2803

Woowoo wrote: »

Hi Jody

What's the first thing your saving for, the Maldives?

Hmm, I think it might be! December/Jan is going to be an expensive two months regardless of it being Xmas because car tax is due end of Dec, MOT is due early Jan and we have our centreparcs trip the first week of Feb so I need to be mega money savvy and organised! I AM going to the Madives next year if it's by hook or by crook :rotfl:, my preferred month was May just as the changeover to the wet season happens but that is looking maybe a little too ambitious as if we book a few weeks before we will have to pay it all up front. Going to have to work on that one (and make sure OH has funds ready for it!).

If it's not May then it might be June/Sep :j

Kepp

I won't be able to join in the trial month as to make a 60% reduction in total means I'll need the whole of 2011!!!

Still be sticking around though - just a few weeks left to get that debt down as far as possible so that the 60% becomes smaller if that makes any sense at all?!?! :rotfl:

If_My_Pennies_Were_Pounds

Becs why don't you set a target for the trial month and then adjust your target like me for the challenge for 2011?

EB69

I'm currently paying off £1,826 per month - my percentage is therefore 79.73% of disposable income! Eeeeeeek! I dont think that's sustainable in all honesty - but I will try...

EB69

But already know that will not be happening in November/December!

Woowoo

I am set to fail with Novembers pay as well EB! It will be good to monitor how close to my percentage I can get every month though.

Kepp

I think it will be good to see how close you get - and it will be nice to look at it in percentages instead!

Last month I failed to meet my target by £108 and felt really bad but that's actually 88% which in my head doesn't sound so bad!

Beaten my £930 target by £12 so far this month and still going so quite smug at the moment, considering my take home from my normal job is £1,328 and just my rent is £375 and then the rest of the bills!

Have to be smug once in a while! :rotfl:

EB69

that's good going Becs!

Kepp

EB69 wrote: »

that's good going Becs!

Thanks EB

If_My_Pennies_Were_Pounds

Kat can you please remove the bit saying (meaning £571.72), from my target as my interest is added on daily and so the figure changes daily.

I really don't want to see that figure going up, so could you take it off pretty please?