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Pay off as much as you can in 2011 Challenge!

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Comments

  • My_life
    My_life Posts: 66 Forumite
    Number 37 reporting in

    £14,513/£31,000

    running abit behind at my six month stage - will try and do better next month!

    Well done everyone

    My Life
  • abba1772
    abba1772 Posts: 7,746 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Car Insurance Carver!
    another £34.68 paid off and thats me for this month

    takes my total to £3563.11 / £7000
    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
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    Nothing new to report - just popping in to see how everyone's doing as I've been away for a few days. Looking forward to the running total later tomorrow!
  • kavics17
    kavics17 Posts: 2,235 Forumite
    £700 overpayment on Tesco's. Normal loan payment will go out tomorrow but don't know how much as they change the DD every month.

    2. kavics17 - £17,166.52/£24,000
  • nickynoo08
    nickynoo08 Posts: 1,860 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Have paid my min payment to loan (£145.74) plus o/p (£245) too

    Running total now - £2595.21/£6000

    Slightly behind at the moment but should be able to make that up in the next couple of months.
    Looking forward to seeing end of month total.
    £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
  • jwil
    jwil Posts: 22,076 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks for the updates everyone.

    This month's total is:
    May - £41,517.63 :T:T

    And so far we have paid off...
    £317,882.95 / £1,456,311,04 :j:j

    Well done everyone, that is better than I expected. Only 49 people have updated this month, so that is not bad.

    Hopefully people will pop back and let us know their totals.

    It would be good to be back in the £60k's or more though next month, and we need to up our game if we are going to hit the million mark!

    Have a great debtbusting June everyone :) :beer:
    "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
  • Hi everyone popping in to update my totals for the month :)2,635/13,225 (19.92%)

    I'm trying to get my emergency fund up to a month's wages then I will call CCCS up and up my payments I think so I can see the debt come down a bit quicker! But for now that's another £295 this month :)

    Well done on those of you reaching your targets and upping them!!! :T:T:T

    DFW xx
    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
  • jwil wrote: »
    Thanks for the updates everyone.

    This month's total is:
    May - £41,517.63 :T:T

    And so far we have paid off...
    £317,882.95 / £1,456,311,04 :j:j

    Well done everyone, that is better than I expected. Only 49 people have updated this month, so that is not bad.

    Hopefully people will pop back and let us know their totals.

    It would be good to be back in the £60k's or more though next month, and we need to up our game if we are going to hit the million mark!

    Have a great debtbusting June everyone :) :beer:

    :j:j:T:T:j:j WOW that's brill!!! esp considering not everyone has been back and updated!! well done all! :T
    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
  • 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

    YEY well done Abba I knew you'd do it! :j:j DFW xx
    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
  • Needhelpsaving
    Needhelpsaving Posts: 1,083 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    No 62 checking in - I have paid off £150.00 this month :)
    2022 Target - Reduce new mortgage balance after house move - Part 1 (Ported) Starting balance £39,982.12 currently £37,242.19 Part 2 Starting Balance £101,997.88 currently £96,197.38 (as at 19/04/2022)
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