Pay off as much as you can in 2011 Challenge!

jwil

Thanks for the updates everyone!

tattycath

£1714.97/£12,000

polka_purpura

Hi,

Quick update and a while since I have posted

#127 paid off £220 this week so total debt repayment is now 15%.

£350 / £4600 for the challenge (7.5% of target)


All the best.


polka purpura

PS still posting from library until I can get computer repaired.

jwil

polka_purpura wrote: »

Hi,

Quick update and a while since I have posted

#127 paid off £220 this week so total debt repayment is now 15%.

£350 / £4600 for the challenge (7.5% of target)


All the best.


polka purpura

PS still posting from library until I can get computer repaired.

Hope it's not too long til your computer is repaired polka.

jdwmfc

Hi all,
Ok so some nice person added me to this challenge :j
I was aiming for £9000 by Christmas but after some careful number crunching, al ook of shocked disbelief, a few smelling salts, another go at the numbers sever glasses of wine and finally a moment of pure realisation, our household debt stands at

[FONT=&quot]£31,168.64[/FONT]

[FONT=&quot]
[/FONT]I am also part of the pay off my debt by the Olympics group so I think as its 9 months till end of year and I have a number of small mountains to climb I am upping my aim to £15,000. (If that is ok)
However I aim to clear one of my debts by April 1st :A (Baby steps)
Not sure after that.
I will have to see how the ebay selling goes.

jwil

jdwmfc wrote: »

Hi all,
Ok so some nice person added me to this challenge :j
I was aiming for £9000 by Christmas but after some careful number crunching, al ook of shocked disbelief, a few smelling salts, another go at the numbers sever glasses of wine and finally a moment of pure realisation, our household debt stands at

[FONT=&quot]£31,168.64[/FONT]

I am also part of the pay off my debt by the Olympics group so I think as its 9 months till end of year and I have a number of small mountains to climb I am upping my aim to £15,000. (If that is ok)
However I aim to clear one of my debts by April 1st :A (Baby steps)
Not sure after that.
I will have to see how the ebay selling goes.

No problem jdwmfc, it's always an :eek: when you first get that total isn't it. It's all downwards from here though! Good luck with the debtbusting

jwil

I've cleared a credit card woo hoo :j:j That's £150 to that, so very pleased to see the back of MBNA. There will be a small amount of interest next month, but then it will be closed forever :T

I've also paid another £295 this morning to other debts, but £250 is a debt which is not covered by this challenge and the other £45 is paying off something that was added to a credit card, so doesn't count here either.

Eltee12

Morning

just popped in to say that yesterday I updated my speadsheets and discovered I'm in position to overpay £100 per month. so, quick as a flash after work, I went to the bank and set up a standing order to pay £100 to MBNA starting 8th April !

It will knock at least 6 months of my credit card debt free date - will be mid-2014 instead of early 2015 - hurrah! :j

Eltee12

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
sorry - meant to post above on my diary! done it now

got carried away with the excitement of it all

jwil

Eltee12 wrote: »

Morning

just popped in to say that yesterday I updated my speadsheets and discovered I'm in position to overpay £100 per month. so, quick as a flash after work, I went to the bank and set up a standing order to pay £100 to MBNA starting 8th April !

It will knock at least 6 months of my credit card debt free date - will be mid-2014 instead of early 2015 - hurrah! :j

That's great news! :j