Pay off as much as you can in 2011 Challenge!

DedicatedDFW

Hi all and thank you for all your advice

goodgirl - i agree colouring my own hair is a good idea but i did use home hair dye last time and the results were :eek::eek::eek::rotfl:hence the reason i am willing to pay this time.

It is a mobile hairdresser and the reason it'll be no more than £50 is its a colour and a cut. Think I might ring back and say just do the cut for now and then do the colour later as a compromise.

rachel and ruby many thanks too

Getting back to topic small payment made again today - received some money for e-bay stuff £1041.36/10,000

xx_michelle_xx

So i've just totted up all my debts and i owe an awful lot less than i thought!

Apparantly, i've paid my mum and step dad half of what i owed them! I didn't even know i had as i've been paying what ever i could afford generally £50 pm (sometimes more if i had it) for the last two years. I paid them £200 last week from selling some stuff to friends and in the paper.

My total amount of debt is £12, 819.73. I know it's still not a small amount but it's alot smaller than it was!

I know this isn't strictly relevant to the thread but i wanted to tell someone.

Hope you all have a lovely day! I'm off to update my sig

xx

lou06

xx_michelle_xx wrote: »

So i've just totted up all my debts and i owe an awful lot less than i thought!

Apparantly, i've paid my mum and step dad half of what i owed them! I didn't even know i had as i've been paying what ever i could afford generally £50 pm (sometimes more if i had it) for the last two years. I paid them £200 last week from selling some stuff to friends and in the paper.

My total amount of debt is £12, 819.73. I know it's still not a small amount but it's alot smaller than it was!

I know this isn't strictly relevant to the thread but i wanted to tell someone.

Hope you all have a lovely day! I'm off to update my sig

xx

Congrats - That's fantastic news! such a nice feeling especially when paying back the parents x

dreamdreamer

That's great news michelle! Unfortunately I'm so acutely aware of every penny I owe now that that could never happen to me! Haha.

What I could do with £500/month? - any ideas folks?
mine would be new bathroom, it is terrible

There's an interesting question lou06 - I'm currently putting an average of £700 a month towards my debts - and now that the end is in sight I've starting dreaming about what I'm going to do with that money afterwards! First of all we're going to have a nice holiday, I've been with my OH for 2.5 years now and we've never been away, so that'll be my debt-free treat! Then I'm going to starting putting that £700 in a maternity fund as we want to start a family, but don't want to struggle with the dropped income while I'm on ML.

It's horrible to think where we'd be if I had never had this debt and we'd been saving all that money for the last few years!

Fairie

Hi I would like to join your chalenge. I have had my head hidden in the sand for many years, and have been meaning to do something about it all. I am now expecting a baby in Sept and feel like i have got a reason to sort it all out. I am very thrifty anyway and like *lurking* in the background to threads to pick up money saving tips. I know i have a HUGE amount of debt, but (this shows how bad i am) have got absolutley no idea how much or who too.

So I would like to join your challenge - If you'll have me - with the amount of PENDING

My first task is to find out who/how much money i owe - I know it is more than 10,000 plus an amount that used to be a mortgage.

Any advice on first steps to take would be great - not sure if this is the place to be for this - you all seem to be well under way in paying people off, but I'm more likely to stick to it if there is a challenge involved :-/

Ps. Sorry for the long post

lou06

Fairie wrote: »

Hi I would like to join your chalenge. I have had my head hidden in the sand for many years, and have been meaning to do something about it all. I am now expecting a baby in Sept and feel like i have got a reason to sort it all out. I am very thrifty anyway and like *lurking* in the background to threads to pick up money saving tips. I know i have a HUGE amount of debt, but (this shows how bad i am) have got absolutley no idea how much or who too.

So I would like to join your challenge - If you'll have me - with the amount of PENDING

My first task is to find out who/how much money i owe - I know it is more than 10,000 plus an amount that used to be a mortgage.

Any advice on first steps to take would be great - not sure if this is the place to be for this - you all seem to be well under way in paying people off, but I'm more likely to stick to it if there is a challenge involved :-/

Ps. Sorry for the long post

Fairie
Welcome & congratulations!, watch out JWIL has set up an addictive thread here, loads of motivation, more experienced folk will no doubt be along soon.

Spending Diary seems to work for me - I don't want to write on the page lol! but it does make you think about what you are about to buy, i've set myself a weekly budget and take cash out each week. Maybe just me, but I like counting the cash - any left over is kept in a tin and at the end of the month - it's either a treat for the kids or put towards my long list of DIY projects that are needing completed.
Lou x

dreamdreamer

Hi I would like to join your chalenge. I have had my head hidden in the sand for many years, and have been meaning to do something about it all. I am now expecting a baby in Sept and feel like i have got a reason to sort it all out.

Welcome Fairie! Our noble leader jwil is having a well-earned break this week but will be back soon to assign you a number, so consider yourself one of the gang. HUGE congrats on the baby , and definitely a good reason to get debts in hand.

Any advice on first steps to take would be great

One of our ranks, Trev, wrote a very good starting guide recently, you can find it here. Just some initial reading for you!

Hope you get involved here, it's a very motivational thread!

Dreamer xx

Fairie

LOU06 - thanks, I was given a very nice handmade notebook for christmas, and have been trying to think of someting nice to use it for... I think this may be very fitting for it! Am going to work out in it how much I owe and will also do spending in it - Do you write down absolutley everything?

Daydramer - Thanks to you too, am very excited but means I am now a very busy person trying to get everything sorted....Dont think thats ever going to stop now :-). I am going to have a look at the link now and shall make a list in my shiney diary of all the tips.

Now that I have decided to do something it really feels like a weight has been lifted that i did'nt know was there - wonder what it will be like when i actually pay something off!

newlifeahead

I haven't been logging on as much for the last few weeks but I am still trying to stay on track as much as possible.

No 47 reporting

Another payment of £625 made for this month.

I hope I can still keep this up.

New figures

£1250/£6000

polka_purpura

Hi,

Number 127. Another payment of £25 off my target for me.

polka purpura