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Pay off as much as you can in 2011 Challenge!

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Comments

  • boysma
    boysma Posts: 828 Forumite
    Happy Mothers Day everyone

    Paid another 7.10 to cap one this morning. Running total now:
    2709.42/10,000 :j

    Payment A Day £15 (started 17/5/14) :j
  • parsniphead
    parsniphead Posts: 2,897 Forumite
    Part of the Furniture 1,000 Posts
    sarahs999 wrote: »
    When;s the baby due parsniphead?

    May 27th. It gives me even more incentive to blast these horrible debts - not that any is needed.
    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.
  • DedicatedDFW
    DedicatedDFW Posts: 4,234 Forumite
    Another small payment from me £2463.75/£10,000
    CC1:T £[STRIKE]2531[/STRIKE] £1460
    MORTGAGE OVERPAYMENTS: £10575.20 Target £12,100
    MF Date: [STRIKE]August 2042[/STRIKE] May 2035
    Declutter 1000 things by Xmas 2015! 53/1000
  • skaps
    skaps Posts: 2,255 Forumite
    77. skaps - £1290.75/£9,280.40
    MFW 2016 No 68 £1300/£8500 No new toiletries Cook sth different
  • DedicatedDFW
    DedicatedDFW Posts: 4,234 Forumite
    Advice please :o

    My lovely mother has offered to (effectively) write off the money i owe her :o as a means of trying to help me out :o:o:o However if she needed the funds in an emergency then i would have to pay her back which is fair enough. I do already have access to the amount i owe her in a savings account (due to mature end of the year but if necessary i would have to take it out of there before then). Other than that I would always need to have this amount available as savings just in case. So, would you count this as money paid off as the funds i have are ear-marked just in case or would you just deduct the amount off total debt?

    Ta
    CC1:T £[STRIKE]2531[/STRIKE] £1460
    MORTGAGE OVERPAYMENTS: £10575.20 Target £12,100
    MF Date: [STRIKE]August 2042[/STRIKE] May 2035
    Declutter 1000 things by Xmas 2015! 53/1000

  • hi here to update ......
    1045 is my new running total :) sloooooow but sure progress x
    MORTGAGE BALANCE when we moved Aug 2024, £120,000. January 1st £118,267.06. May 1st, £116, 123, June 1st, £115,536, New mortgage added for extension- £165,000 July 1st!
    Mortgage Overpayments - September-December, £152.46. J- £103.27, F- £115, M- £91.50, A- £100, M- £200, J- £200. J- £200. Aug-£200.
    Total- £1362.23
    Goal pay off 1% of current mortgage in 1 year. £1650

    EF- first goal £300
  • Hi All
    I have added £1000 towards paying off my co-op loan this month. Allie
  • rachelww1
    rachelww1 Posts: 680 Forumite
    Woohoo, broke the 10k barrier on Friday. 2 more loan payments bringing total so far to £10,232.49/£21,000. 48.73% paid off, 50% by end of month hopefully :beer:
    LBM Dec 10. Total unsecured debt £41176 :eek: Nov 12 Debt Free Thanks Mum x RIP x

    2013 Savings £250
    2013 OP £3500
  • Pernicious
    Pernicious Posts: 1,786 Forumite
    Hello,

    Another £59.49 to the credit card now, so a running total of £657.77/£5,612.40

    Hope everyone is doing well x
    :idea:Debt at July 2012: £12,862.57 :eek:
    :dance:Current Debt: £0 :j
    100% paid off!
    :think: Savings Goal for November 2016: £5000 :cool:
    :D Current Savings: £1176.24 _party_
    23.52% Saved!
  • rachelww1 wrote: »
    Woohoo, broke the 10k barrier on Friday. 2 more loan payments bringing total so far to £10,232.49/£21,000. 48.73% paid off, 50% by end of month hopefully :beer:
    That's fantastic:j. Well done you.:T:T
    Allie
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