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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
    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:

    My motto is that every penny counts. Doesn't matter that we didn't hit out target, what matters is that 49 people debt-busted in May!!!
  • choogirl
    choogirl Posts: 1,274 Forumite
    Hi Jwil

    Just a little payment this month for me of £6645.00 wahoo I've done it, I'm debtfree :j:j:j:j:j:j:j:j:j:j

    Number 30 £11226.85/£8000

    Thank you so much for running this thread, its really helped to keep me focussed.

    Just the mortgage to go now but that will keep for now

    Good Luck everyone xxxx
  • o2bfree
    o2bfree Posts: 429 Forumite
    choogirl wrote: »
    Hi Jwil

    Just a little payment this month for me of £6645.00 wahoo I've done it, I'm debtfree :j:j:j:j:j:j:j:j:j:j

    Number 30 £11226.85/£8000

    Thank you so much for running this thread, its really helped to keep me focussed.

    Just the mortgage to go now but that will keep for now

    Good Luck everyone xxxx

    WOW!!!!
    Congratulations. Enjoy being debt-free you deserve it :j:T:j:j:T:j:T:j:T:j
    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
  • o2bfree
    o2bfree Posts: 429 Forumite
    I will be paying off my usual £10 PAW as soon as my banking site comes back online.
    So running total is £1453.08/£6000.
    I am going to starting a new diary I think as I lurk loads still since I stopped writing mine but have lost a little focus.

    Good luck for June debt-busting :)
    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
  • kavics17
    kavics17 Posts: 2,235 Forumite
    choogirl wrote: »
    Hi Jwil

    Just a little payment this month for me of £6645.00 wahoo I've done it, I'm debtfree :j:j:j:j:j:j:j:j:j:j

    Number 30 £11226.85/£8000

    Thank you so much for running this thread, its really helped to keep me focussed.

    Just the mortgage to go now but that will keep for now

    Good Luck everyone xxxx[/QUOTE

    Congratulations!!!
  • Loan came out today, so total for 89. £5068.06/£7000.
    HSBC Credit Card £608.69, HSBC Overdraft: £4123.67, HSBC Loan: £8,270.69
    Lloyds Credit Card: £1418.62, Very Account: £518.99, Barclaycard: £126
    Total Debt as of 9th June 2020: £15066.66
  • nickynoo08
    nickynoo08 Posts: 1,860 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Well done Abba and Choogirl :j:beer::T

    I have paid another £63.47

    running total now £2658.68/£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
  • jwil
    jwil Posts: 22,068 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    goodgirl80 wrote: »
    Still: £847 average each for a month is a lot. Imagine the holidays we could all have! :eek:When we are debt free we should all put 1 months worth of debt repayments into a pot and all go on a MSE cruise!:rotfl::rotfl::rotfl:

    It is pretty impressive! I'm liking the holiday idea :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: 22,068 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    kavics17 wrote: »
    My motto is that every penny counts. Doesn't matter that we didn't hit out target, what matters is that 49 people debt-busted in May!!!

    Every penny counts indeed and we are doing fantastically well! :j

    It's not about hitting a target as such, but it would be fantastic to hit the million mark, and if we can do as well as we are with only one third of people updating - how huge would our totals be if everyone updated? I bet the vast majority of them are still debtbusting away quietly.: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: 22,068 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    choogirl wrote: »
    Hi Jwil

    Just a little payment this month for me of £6645.00 wahoo I've done it, I'm debtfree :j:j:j:j:j:j:j:j:j:j

    Number 30 £11226.85/£8000

    Thank you so much for running this thread, its really helped to keep me focussed.

    Just the mortgage to go now but that will keep for now

    Good Luck everyone xxxx

    WOW! Well done :T:j:T

    Congratulations on being debt free! That must be an amazing feeling.
    :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
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