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Pay off as much as you can in 2011 Challenge!

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Comments

  • jwil
    jwil Posts: 22,110 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    jdwmfc wrote: »
    Hey im new,
    Would love to pay of £20,000
    Doubt it will happen by end of year as that is over £2000 a month ;)
    So im going to aim for £9000.
    Fingers crossed I can do it.
    Want a new house next year.

    Hey jdwmfc, welcome to the thread and the site! Good luck with the debtbusting, you can do it! A new house is a great motivation.

    Keep popping in and letting us know how you are getting on, it's great motivation! :)
    "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: 22,110 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    choogirl wrote: »
    Hello everyone :hello:

    Today I have paid off £2031.00 :j:j:j

    No 30 £3968.85/£8000

    Thats HSBC credit card finished off, now just the Barclaycard left and we're free :j

    Well done :T

    Here's to clearing the barclaycard too, what a great feeling to be so close :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
  • jwil
    jwil Posts: 22,110 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    LAM2011 wrote: »
    hi everyone, happy monday and hope you all have a good week. Last week of the month but this is my total for March as I wont be doing anything else on my debtbusting now until the first week of April when I can see whats left after paying bills etc.

    Thanks to my lovely OH for a donation of £82 towards my debt busting I managed to reach my £3k goal so my total at end of March is :

    No 134 - £3000 / £10,206
    :j:j:j:j:j

    Well done on making the £3k! :T
    "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: 22,110 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks for the updates everyone, hope you had a good weekend. :)
    "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
  • abba1772
    abba1772 Posts: 7,746 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Car Insurance Carver!
    my BoS DD for £32.13 came out today making my total £1927.48 / £3500 will hopefully be paying £40 towards the Cap One CC to counteract the interest going on which would technically take me past the £2k mark on the card and we don't want that but need to see how much my hamster is going to cost me at the vets first today lol
    NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12
    POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.05
  • wigwam
    wigwam Posts: 234 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Hi,
    Bit late in the year but I would love to join you all please!
    I need to add up my total debt figures (awaiting paper statements as have had head in the sand ) but my aim for this challenge is to completely clear an MBNA credit card with about 4700 left... and make min repayments on other debts. I made a few extra payments this month so will backdate and start from 1st March if thats ok

    I think therefore I will aim for £6000 for the remainder of the year

    Thanks!
  • jwil
    jwil Posts: 22,110 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    wigwam wrote: »
    Hi,
    Bit late in the year but I would love to join you all please!
    I need to add up my total debt figures (awaiting paper statements as have had head in the sand ) but my aim for this challenge is to completely clear an MBNA credit card with about 4700 left... and make min repayments on other debts. I made a few extra payments this month so will backdate and start from 1st March if thats ok

    I think therefore I will aim for £6000 for the remainder of the year

    Thanks!

    Welcome wigwam, it's never too late to join us! Good luck with the debtbusting, and 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 McGee
  • Number 93 reporting in

    Paid a whopping £5,113.89 off today due to PPI claim landing

    Paid £6,441.87 / £8,500 - 75%

    Well pleased
  • Eltee12
    Eltee12 Posts: 768 Forumite
    Mortgage-free Glee! Debt-free and Proud!
    edited 28 March 2011 at 2:29PM
    ...

    154 reporting in

    Sorry Jwil but I mucked up my figures somewhere along the line:embarasse. here's the seasonally adjusted data

    £166.48 paid in March

    running total 308.09 / 1,500
    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
    Number 2 here, £250 paid towards Lloyds, I have another 3 payments going out next week but that won't count towards March.

    2. kavics17 - £8395.76/£19,200 +
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