Pay off as much as you can in 2011 Challenge!

kavics17

OH's salary is in but need to make a quick calculation how much we can use from that amount. Will make an overpayment tomorrow. This month goes very slowly, I feel like I worked already 4 weeks but obv not.

jwil

abba1772 wrote: »

I've paid £55 off my couch and £400 off my Credit Card so only one more payment for Cap one and it's gone gone gone woo hoo lol

Nearly there, well done!

jwil

affordmylife wrote: »

waiting for friday - still xxx

I know what you mean - it's still 2 weeks til payday and that seems a VERY long way away

jwil

Kellyjelly27 wrote: »

Hi all, sorry for not posting for a little while ~ life took over. I can update my new total now to £13,303/£13000 so really pleased to have hit our target in August! The standard repayments are going out, just need to keep on with paying into savings to be able to overpay the loan early - fingers crossed!

Well done kelly! :T:T:T

jwil

seasideDreamer wrote: »

Nothing to report but still here, ebayed a few bits but is an expensive month as keeping money by for holiday next week, had to have a new head gasket:mad: Its only 5 years old so not impressed and def won't be getting a Renault as the new car when we finally move into our new house some time next month. Should be back in time to update payments for August but probably wont be very big payments due to house move and the impending road tax i need to also pay.

That is not good about the head gasket :mad:. Hope the move goes well though!

jwil

donna_dynamo wrote: »

Hi all another 50 from ebay sales new total 1858.89. Got my fingers crossed to get the total to 2000 by the end of August. Got some more listings to finish on ebay and got 20 pending from someone who is watching more of my items also OH will pay 100 off credit card. Really pleased as CC2 is now under 300 which feels like a great acheivement, going to more pleased when i bring CC1 under 1000 which should be before christmas.

Well done donna, it's great seeing those balances go down!

jwil

kavics17 wrote: »

OH's salary is in but need to make a quick calculation how much we can use from that amount. Will make an overpayment tomorrow. This month goes very slowly, I feel like I worked already 4 weeks but obv not.

It really is dragging this month!

jwil

Well I've paid £7 today.

Thanks for the updates everyone!

kdenty

108. kdenty - £4688/£8,034


Hello,

long time no see. Well I spent 12 months financially struggling. I'm self employed and subcontract and have been busy paying for my own pension and tax bills. Well it turns out as my earning were lower this year I have overpayed my tax and pension. I wondered why I was struggling month to month with lower pay and higher bills! So I have had a lovely refund which I've used to pay off some of the credit cards.

This has made a huge difference. I'm going to be debt free in 7 months (if not sooner) at this rate. My previous estimates were 4 years!

I still owe Bank of Mum and Dad a fair amount but they have generously said they are not needing it right now and I have some time to save it and repay them. Mum even said I didn't have to repay it all but I will. I know they plan to move house to be nearer me in the future so I will make sure I have it by then so they can pay the stamp duty and associated moving bills.

I can't believe how happy I am and there is still some money to come back yet from my pension (I have had my tax refund)
:rotfl::rotfl::rotfl:

BirdSeed

Hi Everyone

i hope you're all well.

I've paid all my bills for August so far, totalling about £625. I haven't kept a close tab on the payments but my usual DDs and SOs come to £565, and I've made some oOPs so think £625 is a good estimate.

Although there's fewer people paying each month we're all doing really really well in reducing our debts, which in turn will make us happier people!:D

Would it be worth considering that the overall totals are smaller too because some people had previously been able to pay off massive chunks off their debts / some have paid them off completely? I would estimate that as the year progresses the payment totals do reduce.

Keep up the good work everybody x