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Pay off as much as you can in 2011 Challenge!

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Comments

  • Megadebtor
    Megadebtor Posts: 28 Forumite
    Yippeeee. Had to work today and found out that I've had a tiny pay rise. Only about £1.70 per day before tax, which doesn't even cover inflation but then we haven't got an inflation linked pay adjustment since 2003!!!! So this is better than nothing and I shall use it for this challenge.

    January is already looking up. Hm this might turn out to be a good year:j
    Debt: Absolutely Mega (six figures) :shocked:
  • abba1772
    abba1772 Posts: 7,746 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Car Insurance Carver!
    I would like to join please it thats ok, you're all doing really well so i would like to set my target for £3500, thats finance on my car and my credit cards so we'll so how it goes lol
    NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12
    POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.05
  • kdenty
    kdenty Posts: 250 Forumite
    Part of the Furniture 100 Posts Mortgage-free Glee! Combo Breaker
    I think this might be a very good challenge for me to join as I hope to pay off the credit cards this year on witch I owe a total of £7750

    Will you be up to 100 people yet?

    Have paid off so far £12.57. I'm just hoping I don't add back what I pay off as tends to happen when I run out of money and then some large bill appears.

    so £12.57 / £7750

    Thanks for starting a good challenge :T
  • LoLo
    LoLo Posts: 545 Forumite
    Part of the Furniture 100 Posts
    Hi
    I would like to join in if that's ok. I have a loan where my last payment will be January 2012. However in addition to that I would love to clear £6500.
    I am hoping to sell on ebay and amazon and use quidco whenever possible when I have to purchase things.
  • o2bfree
    o2bfree Posts: 429 Forumite
    My first payment made this morning of £5.49.
    Only small but still:)

    £5.49/£6000
    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
  • Amethyst68
    Amethyst68 Posts: 138 Forumite
    £1.84 off CC this morning.

    £255.75/£2500
    Pay off £4865.16 in 2011 = £686.21=£4865.16.
    Next=£2323.05/£393.66.Co-op=£1266.84/£46.28.
    MasterCard= £275.27/£26.27.Debt to family=£1000/£220.00.
    Christmas 2011 £65.00/£1000. £2.00 savings £.68.00.
    NSD's January 16/18.
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    Morning all. I was about to pay off a chunk of my challenge but decided to wait a few days to see how the post chistmas finanaces are going. Bank account looks pretty healthy at the moment but that can all change so easily!Anyway, there is £300 waiting to come off the virgin card.
  • parsniphead
    parsniphead Posts: 2,897 Forumite
    Part of the Furniture 1,000 Posts
    At last, my first payment of the challenge,

    £300/£22000
    1 debt v's 100 days chapter 34: T3sco bank CC £250/£525.24 47.59%

    [STRIKE]MBNA - [/STRIKE]GONE, [STRIKE]CAP ONE[/STRIKE] GONE, [STRIKE]YORKS BANK [/STRIKE]GONE, [STRIKE]VANQUIS[/STRIKE] GONE [STRIKE] TESCO - [/STRIKE], GONE
    TSB CARD, TSB LOAN, LLOYDS. FIVE DOWN, THREE TO GO.
  • La_escocesa
    La_escocesa Posts: 3,119 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Just paid off another £100 taking it to:

     £1300/£3500!
  • DedicatedDFW
    DedicatedDFW Posts: 4,234 Forumite
    Hi Everyone - I was desperate to make another payment today so have transferred £50 over :D Wanted to do more but am awaiting monies coming out of my account first so I know exactly where I am up to :j
    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
This discussion has been closed.
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