📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Pay off as much as you can in 2011 Challenge!

Options
12526283031334

Comments

  • rictus123
    rictus123 Posts: 2,560 Forumite
    1,000 Posts Combo Breaker Name Dropper
    £65.04 off of my biggest card debt so its now sitting at £700 round!

    £65.04/£6500

    I think if i pay off at least £250 a month (£3,000 over the year) then i will be satisfied...anything else over that is a bonus...


    The debt i have doesnt seem to gain that much interest...

    I know its silly having debt and savings but the way its going it makes sense to me!
    Work in progress...Update coming July 2012.
  • boysma
    boysma Posts: 828 Forumite
    Morning all

    Another 3.00 paid to cap one this morning JWIL

    35/10,000:)
    Payment A Day £15 (started 17/5/14) :j
  • skaps
    skaps Posts: 2,255 Forumite
    I have now paid off £252.57.

    Just £9025.03 left. :o
    MFW 2016 No 68 £1300/£8500 No new toiletries Cook sth different
  • nbox9728
    nbox9728 Posts: 33 Forumite
    £1 to Capital One for me!!:cool:
    :D"Sealed Pot Challenge" member 1123:D
    :TSmoke free since 12/12/10:T
    Debt - £11,000 December 2010:eek:
    :cool:DFD - 1st December 2012:cool:
    "Pay off as much as you can in 2011 challenge!"
    £895/£7,000
  • DedicatedDFW
    DedicatedDFW Posts: 4,234 Forumite
    Hi Everyone,

    In my signature I have listed my 3 targets and how these are reducing and separately listed the £10,000 target i want to achieve. This way i can see how much I have paid in total and how much my debts are reducing by - which will be less than the amount paid due to interest.

    So update from no. 12 196.48/10,000

    Hope everyone is else is doing well. Like Jwil said I would like to make my money from e-bay - though there is not much left to sell :eek::eek: and also some MS's - has anyone else got any ideas for raising funds?
    CC1:T £[STRIKE]2531[/STRIKE] £1460
    MORTGAGE OVERPAYMENTS: £10575.20 Target £12,100
    MF Date: [STRIKE]August 2042[/STRIKE] May 2035
    Declutter 1000 things by Xmas 2015! 53/1000
  • copperjar
    copperjar Posts: 884 Forumite
    Just been paid for a couple of Amazon sales so that's another £12.35 paid to Virgin today.

    £522.35/£10,000
    [STRIKE]
    Total debt 1.11.10 £23,446
    [/STRIKE]
    Save £6k in 2015 #129 £6121.66/£6000
    Save £6k in 2016 #39 £6000/£6000
  • affordmylife
    affordmylife Posts: 1,224 Forumite
    Part of the Furniture Combo Breaker
    edited 3 January 2011 at 4:48PM
    well i simply couldnt wait until my wages went in on 19th so i have used a little bit of my money for the rest of the month to make a payment.

    ok so the month will be tight but it would have been anyway so who cares.

    48.76/3,500
    woo hoo go me!!
    i am completely thrilled to have made a start and will pay at least another £300 all being well on payday.

    good luck everyone this month. january is always a tough on.

    i havent spent a penny so far this year. that is the only way to go for me. once i start i just cant stop xx
  • Nikkiev27
    Nikkiev27 Posts: 35 Forumite
    I am over the moon with myself, so far this year I have made a payment everyday towards my debts! ha ha can not do it for much longer though as don't get paid till end of month but I have 32 items listed on ebay so hoping a few pennies will come in from that!
    so far I have paid £294.47/£5500 YIPPIE:T

    Everyone's doing so well ... I would love some more ideas on how to make some extra pennies, anyone got any to share?
    I will be debt free by 2016 :T
    DS1 born 10/04/2009. DS2 born 25/03/2011
  • BirdSeed
    BirdSeed Posts: 133 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    hi

    Sorry to be a pain but can I increase my repayments to £8,000 please? (I'm number 78 on the challenge). I have a loan and make monthly repayments anyway, so I might as well add that. I won't be able to pay off everything but at least it's all going off debts. I'm looking forward to watching the changes on my signature, it will feel so good actually see the debts go.

    Thanks

    A vision without a plan is just a dream.
  • Used some of the money from selling my old stuff to pay off another £35 :D

    Total paid: £100/3435!! :rotfl:

    Not bad for 3 days!! :cool:
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.