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Pay off as much as you can in 2011 Challenge!

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  • jwil
    jwil Posts: 22,080 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi All,

    Another £150.61 off tesco & hsbc for me today. 95% there - yippee

    Received info from Halifax about new interest charges so not looking forward to when my interest free period runs out.

    Updates in signature.

    Carry on the good work all.

    Well done! :j
    "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: 22,080 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 30 May 2024 at 11:31AM
    Hi All
    The long-awaited pay day has arrived and I have added another £2000 to my loan repayments. This has allowed me to pay off my co-op loan in total today:j:j. It feels great to reducing the debt.
    Allie

    Well done Allie :T:T And you've bumped us past the £30k mark, so thank you :D
    "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: 22,080 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Ok, not great but paid £4 off CC debt today, taking total to £504 paid off. :o

    It is great because it is £4 less that you now owe! :T
    "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: 22,080 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    :T
    runninglea wrote: »
    Hi - Paid £563 this month bringing total to £6,873/£14798.

    Not the best month in terms of total but good news is my loan of £307 per month has finished:j:j after 84 months.

    Well done! :T
    "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: 22,080 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks for all the updates everyone. We are off to sunny (hopefully) Cornwall for the weekend later. Hope you all have a good one whatever you are doing!

    I've seriously overspent this month, so need to get back on track next month. I've spent on a card or two so those payments wont count until they reach the balances in my signature again.:mad:
    "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
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    Yes, just checked both my cards and the BT went through yesterday. So at least it's sorted. Still feeling huffy with Cap one though.
  • abba1772
    abba1772 Posts: 7,746 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Car Insurance Carver!
    paid off £225 today so i've hit my target woo hoo

    my total now is £3528.43 / £3500
    :T:j:T:j:T:j:T:j:T:j:T

    and it isn't even June yet so i'm well chuffed lol

    IS THERE ANY CHANCE I CAN CHANGE MY TARGET TO £7000????

    many thanks jwil x
    NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12
    POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.05
  • DedicatedDFW
    DedicatedDFW Posts: 4,234 Forumite
    Payments made again today - not sure i can wangle any extra payments over the bank holiday weekend as i'm not expecting any money in then. Total now £3328.42/10,000
    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
  • nickynoo08
    nickynoo08 Posts: 1,860 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Have made my usual £25 o/p to loan yesterday plus had some extra funds in bank so made another payment today.

    Running total now - £2204.47/£6000
    £387.39/£196.46
    Pay my debt by End of Feb 2022
    49.28% paid!

    £199.55/£500 savings by End of April 2022
    39.91% saved!

    Make £2022 in 2022 - £20
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    abba1772 wrote: »
    paid off £225 today so i've hit my target woo hoo

    my total now is £3528.43 / £3500
    :T:j:T:j:T:j:T:j:T:j:T

    and it isn't even June yet so i'm well chuffed lol

    IS THERE ANY CHANCE I CAN CHANGE MY TARGET TO £7000????

    many thanks jwil x

    Well done!
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