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Pay off as much as you can in 2011 Challenge!
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Just made a few more small overpayments totalling £45.08, so now.....
£255.08/£40000 -
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!
Tell me about it. Most of the time I'm excited about how much money I'll have to save or go on holiday with or whatever. But sometimes it really does depress me having no spare cash, and today is one of those days! Everybody seems to be going on holiday this month except for me, and though I keep reminding myself that a lot of them are in debt themselves and only digging themselves deeper, I'm still totally green-eyed!
In better news, overpayment of £400 on the loan today. Got the same cashier I did last time, who was genuinely shocked at how keen I was to overpay! Total is now £3806/£8283. It's going to be a really tight month but I'll try and pay another £50 off later in the month.DEBT FREE 3rd Sept 2011
(Debts at highest £15.8k Nov '08)
Student Loan paid off July 2014
First Direct Regular Saver #2: £2700 ** Santander 123: £13,106
Car Insurance/Tax Fund: £305 ** Present Savings: £525 ** Disneyworld Fund £1000 -
hello all, paid £32.06 off a credit card so new total is:
£572.60/£3950SPC No 002 SPC(3) £285/£250 (4) £519.84/£500 (5) £768.32/£500 (6) £911.30/£600 (7) £913.23/£600 (8) £1184.82/£750 (9) £2864.04/£750 (10) £3846.25/£1000 (11) £1779.72/£1000 (12) £1596.55/£1000 (13) £1534.70/£1000 (14) £775.60/£1000 (15) £700.20/£1000 (16) £2081.34/£1000 (17) £1691.15/£1000 (18) £225/£10000 -
well ive checked the bank account and i have £48 until payday on the 18th.
ive tons of food in the freezer and no nights out etc planned so its very definitely doable.
i love a challenge and i will do it.
its the 1st tomorrow so 17 days to go xx0 -
Payday for me today. Paid £470 towards my Santander card. Aiming to get another £230 paid off that card this month...just need top work out how!
£2781.81/£10,000[STRIKE]Total debt 1.11.10 £23,446[/STRIKE]Save £6k in 2015 #129 £6121.66/£6000Save £6k in 2016 #39 £6000/£60000 -
Hi all!
Ok paying a bit off tomorrow hopefully once all DD's settled. Just regular payment out today £1145.32/10,000CC1:T £[STRIKE]2531[/STRIKE] £1460MORTGAGE OVERPAYMENTS: £10575.20 Target £12,100MF Date: [STRIKE]August 2042[/STRIKE] May 2035Declutter 1000 things by Xmas 2015! 53/10000 -
Paid a bit more to the credit card so total now.
£965.28
Not far off the target of £500 a month at the moment.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%)0 -
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Thanks for the updates everyone!
During February, we have paid off a whopping £64,015.44
:j:T:beer::j:T:beer::j:T:beer::j:T:beer:
Well done everyone!"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 McGee0 -
That brings our grand total to:
£149,149.57/£1,272,023.40
During January, 100 people updated and paid off an average of £851.34 each, during February, 74 people updated and paid off an average of £865.07 each!
Well done everyone, every £1 overpaid is a success, so please keep posting!"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 McGee0
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