Pay off as much as you can in 2011 Challenge!

jwil

Happytogetdebtfree wrote: »

Hey jwill :-) xx

Happyyyyyyyyy Good to see you, how's things?

jwil

My_life wrote: »

Hi Sarahs999

Yes I have included mortgage debt and payments in my payment and targets. I dont include any of the interest payments - just the amount of capital reduction on the credit cards, loans and mortgage. We started the mortgage (125k) three years ago and therefore are paying well over what we need to pay.

To me a mortgage is still a debt in the same way that any other loan is - so I have included it in this challenge - hope I have not done something wrong!

My Life

sarahs999 wrote: »

god no, nothing wrong. I'm just envious of you being in a position to do something about it! I would't include mine as it's around £140k and it would be far too depressing!

I haven't included my mortgage either, though I list it in my sig as a debt. We're not overpaying it at the moment, so it's just reducing as normal. I have it in my sig because I can then pretend that my debt isn't as ridiculous as it is, the 'total' debt of mine plus mortgage is a normal mortgage amount for some people :cool:

It's still a debt though, so there's nothing wrong with it being included!

dreamdreamer

I think I would cry if I included our mortgage! :eek:

Happytogetdebtfree

Hey Jwill im doing okay overpaying where i can but things are slowing while other halfs business expands, but hopefully we will be financially free sooner rather than later x Hows you xxx

polka_purpura

hi,

another £20-00 off debt for me today.

thanks jwil. the computer is excellent. i now need to make it pay for itself.:)

polka purpura

kavics17

£700 overpayment. Called Tesco and they made a mistake most likely with my last payment, it went out but hasn't been seen on my account just yet so this needs to be sorted. I don't include mortgage payments,mainly because I don't have one.

2. kavics17 - £19,668.84/£24,000

phoenix_dragon

Good morning all. Loan payment came out yesterday, so total now £7042.48/£7000. What a wonderful birthday present that was for me

LAM2011

phoenix_dragon wrote: »

Good morning all. Loan payment came out yesterday, so total now £7042.48/£7000. What a wonderful birthday present that was for me

Whoo hoo - :beer: congrats. Goal reached.

I dont include mortgage either and I only have half my loan . I added my credit cards and loan and then halved it and that is my goal for this challenge. It was far too depressing looking at it all and the loan wont increase so my goal was to get rid of the credit cards first and then I will chuck all spare cash into the loan. But that is next years challenge

sarahs999

Yay for another goal reached!

PiggyBankShaker

Number 171 checking in - £50 payment, new total = £2902/£7852