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Pay off as much as you can in 2011 Challenge!

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  • Paid today, paid mass amount of debt off for us, we will be so skint for the rest of the months but needs must... new proud total

    1200/6400

    Its nice to feel in control for once :)
    " a life we could only dream of "
    Dreaming is a pointless exercise if it only serves to reinforce your own limitations.
    For my familys sake I no longer dream, I will plan and I will try and if I fail I will try and try again.
    Failing is far better than dreaming. :)
  • jacci45
    jacci45 Posts: 1,636 Forumite
    No 142,paid another whole £5.00 so now 2504/7800!!
  • jwil
    jwil Posts: 22,064 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi :) great thread!! like Debt_due_to_cupcakes am late in joining.... lightbulb moment tho and 40 at the end of this year :eek: so need to get this sorted!! As its the 6th month ive gone through payments back to the 1st so effectively will be doing the half a year challenge :T lol if its ok still to join x

    Have just under £20,000 in total (cc's, store cards, catalogues, cahoot loan :mad:) to shift :eek: realistically tho given half the year is gone ill go for target £6000 for the 6 months (thinking positive....) from 01/06/2011 have made £588.06 in payments... so my starting figure will be

    £588.06/£6000.00 :)

    onwards and upwards ...........:beer:
    monicamj wrote: »
    Can I join please? I would like to pay off everything by the end of the year so my figures are

    £1154.45/£7489.27

    may as well count what I've already paid!

    Welcome scotslass and monicamj, it's never too late to join. I'll add you now.

    Good luck with the debtbusting! :)
    "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: 22,064 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi all, please may I join (a little late in the year I know - but better late than never right?!) I have £8700 on cc to get rid of as of this moment

    Welcome debt due to cupcakes, it's never too late to join in. Good luck with the debtbusting :)
    sarahs999 wrote: »
    HI debt due to cupcakes. Is it really? That's a lot of cupcakes!

    :rotfl::rotfl:I thought this too :rotfl::rotfl:Love the name! :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: 22,064 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    skaps wrote: »
    :o sorry got too excited and had forgotton that I had updated.
    Have made another payment and now up to £2048.99 now.

    No problem, it's easily done!
    "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: 22,064 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks for the updates everyone, hope you all have a good weekend!
    "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
  • monicamj
    monicamj Posts: 121 Forumite
    Glad to join! I don't get paid until thurdsay I will update then and half way through the month after the DDs have gone out!
    Debt free by Dec 2011 :)
    #178 Pay as as much as you can in 2011
    £2305.80/£7489.27
    #114 Crazy clothes challenge £60/£60
    #1369 Sealed pot challenge 4
    £9.72
    #139 Virtual sealed pot challenge
    £15.50
  • donna_dynamo
    donna_dynamo Posts: 893 Forumite
    Hi all update for now £1553.85. Paid another £30 off the credit cards cleared off the balance of the vigin one switched it to a 0% and paid off the remainder this will help me pay it off faster as i will not be paying interest. Going to have a declutter over the next few months and hopefully i can find some ebay fodder.
    #Sealed pot #085.
    1 debt versus 100 days £108.32/£300:j
    Debt Jan 2016 £6877.37. Aug £6155.56
    xmas saving £1 a day 274/366.
  • Welcome to all the new peeps on here! :wave:

    Loan payment has gone out today, leaving my debt at £1726. Hopefully I'll have a £400 overpayment in a couple of weeks.

    Totals for this challenge now: £6557/£8283
    :D DEBT FREE 3rd Sept 2011 :D
    (Debts at highest £15.8k Nov '08)
    Student Loan paid off July 2014
    First Direct Regular Saver #2: £2700 ** Santander 123: £13,106
    Car Insurance/Tax Fund: £305 ** Present Savings: £525 ** Disneyworld Fund £100
  • Deeperblue
    Deeperblue Posts: 294 Forumite
    Good morning everyone :beer: (<-- bit early, I know)

    It's great to see so many new people coming to get involved with the challenge :T we need all the help we can get this month to try and boost our numbers a little bit after May's errrr.... wobble :o

    I don't know my exact payments total for this month yet as a lot of it depends on how much we have left over after next weeks camping holiday to sunny Norfolk :p But I'm thinking we'll at least hit the £1k mark which makes our total:

    119. Deeperblue - £7069.32/£12,000

    As for 'How did you end up in this mess of debt?' my stories pretty classic.... decided to get married, move house and have a baby all in the space of 6 months. We weren't in debt at that point (apart from a mega low interest student loan) but didn't have any savings at all, despite having a good wage, so everything went on credit cards. When I came back off maternity leave I went part time so my wage was slashed and FORTUNATELY I found this website which helped me see the importance of living within our means and getting rid of debt before things hit critical point. Up until I came here I really didn't care about being in debt because we easily made the monthly payments, but all it would have taken was for OH to loose his job *shiver* Thank heavens for Martin and MSE, thats all I can say :T
    Parents - £4000/£0 paid
    OH parents - £9000/£0 paid

    Mortgage - £125,000/£0 overpayments
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