Pay off as much as you can in 2011 Challenge!

inamin

Well I'd love to joint his too but I don't think I'm in your league. I got very large debts but I'm struggling to pay the minimums at the moment. However, I am aiming over the next 12 months to pay off £1000 of my debts...is that too little to join here? Sorry.

rubywhatashmoo

I'd love to join in - get back on track after Christmas Put me down for £3435 please, I want to be 100% debt-free by this time next year!

Karmacat

Hello! I'm refocussing on the forum a little bit, so I'm joining a challenge again ... please put me down for £15,000 - thats French mortgage repayments, and a savings challenge too ....

Thank you!

Turia

inamin wrote: »

Well I'd love to joint his too but I don't think I'm in your league. I got very large debts but I'm struggling to pay the minimums at the moment. However, I am aiming over the next 12 months to pay off £1000 of my debts...is that too little to join here? Sorry.

I don't think any amount is too little! Anything paid off is a small weight off your shoulders, good luck with it

I would like to join as well, I started taking part in challenges last year and lasted till about April before life took over

so, fresh year, fresh new start (again?!).. would love to pay off £8000.

Thank you!!

novagirl

First payment for this challenge of £100 :T
Feeling really motivated about this challenge so off to hunt for things to sell

cuppatea_2

Hello

I've been skirting around these forums for a couple of years - taking onboard some great advice but also, at times, not following it as closely as I should have.
I have a lot of debt to clear but I'm determined that 2011 is the year that the half hearted gestures ends and the real focus begins.

Can I go for £10,000 - it won't clear it all but it will knock an almighty dent in the debt!

One step at a time and all that!

boysma

Hi can i join please? Would love to pay off 8,000 of personal debt (owe circa 11k) and save 2k please for emergencies, hols & family entertainment. So a total of 10k plase JWIL.

I will start on 1st Jan too if that's ok. I will count my usual payments, any padding (payment a day) and quidco money. I will also set a food budget and be really [STRIKE]mean[/STRIKE] careful so that any leftover money can also be paid off debts:D.

svb53

Room for one more? £10k for me too please.

rachelww1

Hi
Made a payment today of £61 to a credit card but after taking interest into account, I've actually only paid £14.55 off the debt, so what figure should I use :think:

copperjar

rachelww1 wrote: »

Hi
Made a payment today of £61 to a credit card but after taking interest into account, I've actually only paid £14.55 off the debt, so what figure should I use :think:

I think its optional. Some people would use the £61 because that's money you've paid (even if its not paid OFF £61), but others would use £14.55. I think its a personal choice.

I'm personally counting all money paid - my credit cards are on 0% so that's okay, but my loans I'm not taking off the interest...mainly because I don't get monthly statements and can't work it out!