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Pay off as much as you can in 2011 Challenge!

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  • Hi all,
    Have just stumbled upon this challenge. Am determined to make 2011 my year so can I join please? :o

    My target is £4000
    Overdrafts transferred to MBNA £953.40/£4279.80 Car insurance (on CC) £461.98/£751.98 :mad: Bank of mum and dad £1500/£5000
    Total debt repaid £2915.38/£10,031.78 (29%):T Owed [STRIKE]£10,031.78[/STRIKE][STRIKE] £7400[/STRIKE] £7116.40 Pay off as much as you can in 2011 challenge £1127.60/£4000
  • I know it isn't quite 2011 yet, but I am working from my January pay having been paid today.

    so......

    I am now standing at
    £150/£4000 :rotfl:
    Overdrafts transferred to MBNA £953.40/£4279.80 Car insurance (on CC) £461.98/£751.98 :mad: Bank of mum and dad £1500/£5000
    Total debt repaid £2915.38/£10,031.78 (29%):T Owed [STRIKE]£10,031.78[/STRIKE][STRIKE] £7400[/STRIKE] £7116.40 Pay off as much as you can in 2011 challenge £1127.60/£4000
  • kavics17
    kavics17 Posts: 2,235 Forumite
    rachelww1 wrote: »
    Wow, well done you for using it to pay off your debts. I will be doing the same when my mum's very generous xmas gift of £500 clears the bank. (Well most of it anyway, as I could do with a new pair of jeans :D)

    Yep, all done towards the loan. Bought myself a cd for £0.96, that's my treat for getting a bonus.
  • copperjar wrote: »
    I feel like I'm behind already!! Roll on pay day!

    so do i copperjar!! :rotfl:

    everyone is doing so well already!!
    Total debt- 2982.00 Now- £2890.00
  • jwil
    jwil Posts: 22,081 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Welcome to all the newcomers and well done on everyone for all of the payments! I shall update the totals now.

    Probably won't be on for a couple of days now, so Happy Christmas everyone! :xmastree::xmassign::xmassmile:santa2::snow_laug
    "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
  • ooooohh - can I join in too please?

    I have a boiler loan and a catalogue to pay off - £3800.00 to be exact. I am looking to pay the whole thing off this year.
    2022 Target - Reduce new mortgage balance after house move - Part 1 (Ported) Starting balance £39,982.12 currently £37,242.19 Part 2 Starting Balance £101,997.88 currently £96,197.38 (as at 19/04/2022)
  • jakes-mum
    jakes-mum Posts: 4,642 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 24 December 2010 at 7:59PM
    ooo can I join plz!! i've been tackling our debt last year on my own (had a diary but to be honest i was cac at keeping up with it :eek:)

    i've got £3950 left to go to be debt free and make my move over to the mortgage free threads, so this is my challenge for 2011, all non mortgage debts gone :D!
    SPC 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/£1000
  • :rudolf:Merry Christmas all

    Could I be put down for a payment of £900 please
    LBM no. 2 £20k :eek:
    1st debt to tackle - store card £216.70
  • Hi everyone,
    Can I join? I'd like to aim for £5000, which would see 2 credit cards gone & hp tv paid off! Fingers crossed & best of luck to everyone.
    Peetzil x
  • Hello jwil and everyone else!

    I would love to join this challenge as I am due to go on mat leave in May so need to pay off as much as possible before then. I will aim for £22000 as this is the approximate amount of debt left. I did the pay off £20000 last year and only reached halfway, but every bit extra paid off is a help.

    Good luck everyone.
    1 debt v's 100 days chapter 34: T3sco bank CC £250/£525.24 47.59%

    [STRIKE]MBNA - [/STRIKE]GONE, [STRIKE]CAP ONE[/STRIKE] GONE, [STRIKE]YORKS BANK [/STRIKE]GONE, [STRIKE]VANQUIS[/STRIKE] GONE [STRIKE] TESCO - [/STRIKE], GONE
    TSB CARD, TSB LOAN, LLOYDS. FIVE DOWN, THREE TO GO.
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