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Pay off as much as you can in 2011 Challenge!

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Comments

  • goodgirl80
    goodgirl80 Posts: 814 Forumite
    Made another payment of £625 today. I am not sure how I am going to cope this month due to mot due soon, but I have still made this payment in great faith that I will manage somehow.

    This is the only thing keeping me going right now and I don't want to give up just yet. If I can pay the same amount next month I will have just past the halfway mark.


    47. newlifeahead - £2500/£6,000


    well done, newlife, we all keep plugging away...:)
  • Hi everyone,

    this is my first post in this forum and am very new to MSE but was tempted on here by my lovely friend who has been making amazing progress with her debts.

    We (my hubby and I) decided at the start of this year that we would like to be debt free by the end of the year so have been trying hard to achieve that.

    Anyway on march 14th we had a lovely little boy, so i am now on maternity leave for which i am getting paid SMP only almost £500 a month less than my normal wages (I work for a charity and so have no maternity package). This has made things a lot tighter in the finance department and so we have really had to step it up a gear.

    We also would like it if I could stay home and look after our bundle of joy rather than returning to work which means not only paying off the debts but learning to live on a budget ANOTHER £500 less every month from October. Quite a challange i am sure you will agree.

    I am sure that we can do this and I am already learning so much from this site, so I thought I would join this challenge.

    Our total debts at the start of the year were....

    £4385.62

    and our current balance is.....

    £2835.77 :j


    In theory we would like to clear this by October and maybe end the year with some money in savings. So wish us luck!!

    xx
    Pay off as much as you can in 2011 - 1799.33/4385.62

    April make £5 a day - 93/150
  • affordmylife
    affordmylife Posts: 1,224 Forumite
    Part of the Furniture Combo Breaker
    everyone is doing so well. its so great to see peoples targets getting closer.

    i wonder how many of us will actually finish the challenge/year.

    im confident i will. i want it sooo badly.

    cant wait for payday to come round again (another ten days) and pay another chunk off. in going to start with £150. but am hoping for considerably more over the month.

    it still exciting xx
  • tattycath
    tattycath Posts: 7,175 Forumite
    Part of the Furniture 1,000 Posts
    £2007.02/£12,000
    GE 36 *MFD may 2043
    MFIT-T5 #60 £136,850.30
    Mortgage overpayments 2019 - £285.96
    2020 Jan-£40-feb-£18.28.march-£25
    Christmas savings card 2020 £20/£100
    Emergency savings £100/£500
    12/3/17 175lb - 06/11/2019 152lb
  • Evening all, no 130 checking in.

    Well, it's been about 5 weeks since my last confession ;) ... in all seriousness though, i moved house 4 weeks ago, i knew i was moving soon but had no date so in the end it all happened so suddenly and i had to abandon mse in aid of packing.

    When i got to the new house i nearly cried; i didnt get signal on my dongal which meant no mse :eek:!!

    My internet went live today and this is the second online place ive visited (the first being the bank!).

    I have still been chipping away at the debts so my totals are:

    £897.13/£4500

    Anyways, hope your all well!! I'm now going to spend the evening reading through everything i've missed!

    xx
    Pay off as much as you can in 2011 #130. £1418.70/£4500.
    Debt Dec 10 £14,133. Now £11,988 (Work in progress)
  • DedicatedDFW
    DedicatedDFW Posts: 4,234 Forumite
    Hi all,

    Sorry not been on much lately - have been making small payments but have been quite run down, will catch up fully when am feeling a bit better x

    £2567.75/£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
  • dizzybee
    dizzybee Posts: 1,424 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    £90 today for me.

    SPC no:076
  • jdwmfc
    jdwmfc Posts: 215 Forumite
    Mystery shopping nxt week should net me around £70, as it stands, aiming to get that to at least £100 as I hvae some time off.
    It all helps.
    CC 1 :- £5800/ £5,800 CC2:-[STRIKE] £4513 / £4513[/STRIKE] CC3: £4622.53/ £4622.53[/STRIKE] CC4:- £8971/ £8971[/STRIKE]
    Loan:- [STRIKE]£1785.63 / £1785.63[/STRIKE] 0

    Actual total debt January 2011 £39,451.30 Paid to date 39,375.77
    :beer: PPI from HSBC = £4172 :beer:
  • o2bfree
    o2bfree Posts: 429 Forumite
    Made a £26.00 overpayment today so running total is now

    £1170.20/£6000
    Pay as much as you can in 2011- £3688.54/£6000
    Pay as much as you can in 2012 - £3190.96/£6000
    LBM - August 2010 - £19202.30
    Current - August 2012 - £11803.68
    Paid so far - £7398.62
  • Hi All
    Another £20 going towards my loan repayments today.
    Allie
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