Pay off as much as you can in 2011 Challenge!

boysma

Paod another 5.67 off cap one this morning making my running total now:

2510.67/10,000

nickynoo08

Made my usual overpayment to our loan today of £25

Running total now £986.51/£6000

My_life

Hurry up pay day!

My salary goes in on the last day of the month and all my direct debits (and overpayments) now go out on the next day.


Good things about this:

• jwll only has to update my line once a month!
• no risk of spending any of my salary on anything else (currently 100% of my salary from the joint account is going to debt payments and overpayments)
• only have to update signature once a month

Not so good things about this:

• I have to wait 30/31 days now everytime to see any change
• feel I have nothing to contribute most of the time to this excellent thread

PS jwll - i too am a rounder-er-upper. I have all my debts with HSBC now (others paid off) and their online banking is brillent - instant gratification on overpaying the mortgage - even by a £1.10 - as it changes instantly:j

My Life

KLee

Haven't been on for a while as have been working very hard but this has all paid off. What with some invoices coming in and no lunches or smoking I have been able to pay off 436.26 off my Virgin credit card and it is now at ZERO!!!!! Hurrah. It's been cut up for a while but can now ring and close the account. Really pleased to see with how well everyone is doing. Now it is time to face the bank loans!! Good luck and have a fabulous weekend!!

sarahs999

OK, couldn't stand waiting any longer. £28.68 paid to Clubcard, bringing my total paid so far this year to £2k. Hoorah! Not going to make my monthly target this month as we have been saving for the US, but it felt like ages since I'd made a payment. Itchy trigger finger!

andyjsg

Another couple of payments this week so now 991.94 / 14,949.81

fedupandskint

Inspired by the % calculations going on here I have paid off 37% of my target for this year! Nice one :j

affordmylife

my life i know exactly what you mean. i get paid once a month (TODAY!!!)

affordmylife

so today i got paid and have now made my monthly payments to virgin credit card.

ive paid off £300. so my new total is £1,600/£3,500. if i had a calculator to hand i would work out a percentage.

i was hoping for over halfway this month but one or two things have cropped up so a slightly lower payment than i had hoped for.

never mind next month will see the total clearing of one credit card and the hammering of another one beginning xx

pinkarsenalprincess

Have paid a little £10 off of my tesco card today (minimum payment until payday when I can hopefully clear it :rotfl:).

Am now at £894/£4000