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Pay off as much as you can in 2011 Challenge!

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Comments

  • dentonemma
    dentonemma Posts: 240 Forumite
    Hi All

    Hope you had a nice break Jwil.

    Number 43 reporting in paid so far £4836/£7500.
    Thats it for a while, i have moved all payments dates to end of the month when Dh gets paid.
    Pay £7,500 in 2011 paid £29,325 No 43 OP £21,825
    Olympic 78= £20,000 paid £35,708 over paid £15,708
    Mortgage over payment £1996/£1497 paid in 2011
    sealed pot 4 number 845
    Weight Loss 29lbs/13lbs
  • suzie_wong
    suzie_wong Posts: 387 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Hi everyone,

    I know it's a little late to start, but I would like to join you all and plan to pay off £6000 by the end of the year. I think it will be a bit of a struggle, but I am trying so hard and really need to see my total debt reducing.
    Save £12k in 2021: Jan £1834.40, Feb £1692.81
  • Marru
    Marru Posts: 4,126 Forumite
    Haven't updated for awhile but situation now: 1,895.14/6,300.-
    "Everything will be alright in the end. If it's not alright, it's not the end."

  • Eltee12
    Eltee12 Posts: 768 Forumite
    Mortgage-free Glee! Debt-free and Proud!
    .... Hi all

    my first totaliser:

    Payments in Feb = £97.22
    Minus card protection of £5.61
    Plus overpayment of £50


    Current Total for 2011 £141.61 / £1500
    2018 AFD 23/240
    2018 CCC #11 £38.40/£250
    Mortgage-free since 2013
    Debt-free since Nov 2017
  • kavics17
    kavics17 Posts: 2,235 Forumite
    jwil wrote: »
    Thanks for all the updates everyone, there are some fantastic totals being achieved!

    Happy Payday for me today! :j:j:j As ever, it's all disappeared out of my account fairly rapidly. I've paid £476 this morning, but only £226 of that counts for this challenge. That will probably be me for this month, but I do have other payments due out during the month which will count for next month.

    I really can't wait til this money is all mine again!


    Oh, that's what I think- around £2k would stay in my bank account if it wasn't for the debts!
  • beachie
    beachie Posts: 463 Forumite
    £9.00 extra to the mortgage today to get to my target.

    Currently paid £925.28 :T
    Mortgage: [STRIKE]Jan 11 - £91830 [/STRIKE][STRIKE] Jan 12 - £89'199[/STRIKE] May 14 - £69'999 Car Loan: [STRIKE]Jan 11 - £3658 [/STRIKE] July 12 - £0! Credit Card: [STRIKE] Jan 11 - £3300 Jan 12 - £2250 [/STRIKE] Oct 13 - £0

    MFiT-T3:#43 (Half Mortgage) April 13 - £10719/£42875 (25.00%)
  • jwil
    jwil Posts: 22,081 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    dentonemma wrote: »
    Hi All

    Hope you had a nice break Jwil.

    Thanks dentonemma, it was quiet but good. :)
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • jwil
    jwil Posts: 22,081 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    suzie_wong wrote: »
    Hi everyone,

    I know it's a little late to start, but I would like to join you all and plan to pay off £6000 by the end of the year. I think it will be a bit of a struggle, but I am trying so hard and really need to see my total debt reducing.

    Welcome suzie! It's never too late to start, good luck with the debtbusting! :)
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • jwil
    jwil Posts: 22,081 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    kavics17 wrote: »
    Oh, that's what I think- around £2k would stay in my bank account if it wasn't for the debts!

    Yes, it's over £700 a month for me - probably nearer £800. What I could do with that much money each month!
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • jwil
    jwil Posts: 22,081 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I've been doing a sneaky bit of prep for tomorrow. We are quite a lot down on last month, but a lot of people haven't updated this month (yet!).

    We've still paid off a good amount though! :j:j
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
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