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Pay off as much as you can in 2011 Challenge!

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Comments

  • kavics17
    kavics17 Posts: 2,235 Forumite
    edited 26 April 2011 at 2:18PM
    I'm going to see my parents tmrw (abroad) and back on Monday, so won't be able to make an overpayment until than (though we did already well for April). I will let you know than how much we can pay towards Tesco's again. Though I wonder where my salary is, should be in by today...

    We're going to have a massive overpayment,just realized, decided to touch the money I have abroad from my rental property (appr. £3k) which I was saving to pay off its initial mortgage. But the mortgage interest on investment property is much less than on Tesco's loan so it's a no brainer...
  • polka_purpura
    polka_purpura Posts: 173 Forumite
    edited 28 April 2011 at 2:25PM
    hi

    long time since I posted and still struggling without a computer.

    Total for the end of the [STRIKE]May[/STRIKE] April will be £395 / £4,600

    hope everyones doing well. I'll try and catch up soonish.

    polka purpura
    PAD to date: £1166-22

    Pay off as much as you can #127: £4,600 (£2,300 debt / £2,300 saved)in 2011.£660 / £4,600.(debt paid 28.7%; target 14.3%).

    Sealed pot challenge 1292: £0 (target £600 by 31-12-11)
  • suzie_wong
    suzie_wong Posts: 387 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Made a small payment of £28 today, taking me to £5240.47/£6000 paid :D
    Save £12k in 2021: Jan £1834.40, Feb £1692.81
  • wigwam
    wigwam Posts: 234 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Have no extra payments to report just wanted to drop in and say hi!
    Didnt make my MBNA target of under 4000 ....got it to 4036 .... damn interest...grrrr.... will stay positive and instead aim for under 3500 next month.

    Am I the only one wishing weeks away so it can be the next payday!! roll on Thursday and I'll total up before months end.
  • boysma
    boysma Posts: 828 Forumite
    Morning all

    Back to work this morning after nearly 2 weeks off :(. Anyhow forgot to post my normal payment of 100.00 to cap one which came out while we were on hols. Adding it to my total today makes it:
    2997.32/10,000
    Payment A Day £15 (started 17/5/14) :j
  • Wow what a crazy week! having a newborn is chaotic! but the good news is that in April we paid £417.07 off the debts, not bad as we had a £100 car bill and £50 vets too.

    May is going to be even better I hope, am going ebay crazy and have already filled the freezer with lots of batch cooking, however its car insurance renewal month and our renewal just came in at over double:eek:

    buuuuut......have already found one cheaper than last year :D amazing as we were kind of banking on it being cheaper, or at least if it had gone up we would have had to think about giving up the car.

    So fingers crossed that the car stays in one piece and nothing else pops up and we could be on for a good month.

    Hope you all had a brilliant Easter and a got some time off in the lovely sunshine, right I am off to get all the laundry done and on the line before the rain this weekend....
    Pay off as much as you can in 2011 - 1799.33/4385.62

    April make £5 a day - 93/150
  • Hi All
    I have sent another £40 over to my loan repayment fund.
  • LAM2011
    LAM2011 Posts: 1,432 Forumite
    PPI Party Pooper Debt-free and Proud!
    Hi everyone :wave::wave:

    Sorry I have been a bit quiet - trying to get on top of my workload before house move, easter and bank holiday weekend. Contracts arrived yesterday for signature so hopefully exchange will follow shortly.

    Well done on all the debt busting - Suzie W - yours stands out in my mind - looks like you are on the home stretch now - what a fab feeling!

    Travel safe Kavics and have a good time abroad.

    Welcome to the newbies and many thanks again to Jwil for managing this task. It really really helps me knowing I have to come and 'report' back lol.

    I keep a spreadsheet and then just give final balance after repayments/ extra payements / minus interest etc. So my balance at the end of April is :

    £3,541 / £10,206

    I still have the pesky MBNA but it is down to £460 so as soon as settled in new house will be making a concerted effort to get rid of that.

    Enjoy the bank holiday weekend everyone :D:D:D:D
  • jwil
    jwil Posts: 22,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    kavics17 wrote: »
    I'm going to see my parents tmrw (abroad) and back on Monday, so won't be able to make an overpayment until than (though we did already well for April). I will let you know than how much we can pay towards Tesco's again. Though I wonder where my salary is, should be in by today...

    We're going to have a massive overpayment,just realized, decided to touch the money I have abroad from my rental property (appr. £3k) which I was saving to pay off its initial mortgage. But the mortgage interest on investment property is much less than on Tesco's loan so it's a no brainer...

    Have a good weekend kavics!
    "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
  • jwil
    jwil Posts: 22,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    hi

    long time since I posted and still struggling without a computer.

    Total for the end of the [STRIKE]May[/STRIKE] April will be £395 / £4,600

    hope everyones doing well. I'll try and catch up soonish.

    polka purpura

    Hope you get your computer back soon polka, I'd be lost without mine!
    "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
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