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Pay off as much as you can in 2011 Challenge!

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  • jwil
    jwil Posts: 21,949 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    In good news (for me :D) it's payday today, hurrah!

    I've also broken the £10k barrier which I'm really pleased with.

    Sadly my finances have been a bit shaky for the last few months, so I've had to use cards. Time to get it sorted for next year though. I've still cleared debt so am happy.
    "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
  • Happytogetdebtfree
    Happytogetdebtfree Posts: 6,798 Forumite
    Sorry for been quiet ive been busy il update my totals :) so far this year ive paid off ... £11828.25/£13000 il make my yearly total yippee :) just closed an overdraft which is nice but still a fair way to go :) onwards and downwards xx
    I AM A MONEY MAGNET, THEY ARE MAKING MORE MONEY FOR ME AS WE SPEAK:pMIKES MOB, DFW NERD 1071, DFW LHS 132!MIRACLES HAPPEN I'VE SEEN IT WITH MY OWN EYES. LBM 08£77240.69 Current outstanding total £36083.01 Paid so far = £41157.68
  • jwil
    jwil Posts: 21,949 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Happytogetdebtfree wrote: »
    Sorry for been quiet ive been busy il update my totals :) so far this year ive paid off ... £11828.25/£13000 il make my yearly total yippee :) just closed an overdraft which is nice but still a fair way to go :) onwards and downwards xx

    Hey Happy, well done! You are so close now. Are you joining us in 2012? Link a few posts above. :)
    "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
  • Happytogetdebtfree
    Happytogetdebtfree Posts: 6,798 Forumite
    Im in ive joined and declared 50k :D
    I AM A MONEY MAGNET, THEY ARE MAKING MORE MONEY FOR ME AS WE SPEAK:pMIKES MOB, DFW NERD 1071, DFW LHS 132!MIRACLES HAPPEN I'VE SEEN IT WITH MY OWN EYES. LBM 08£77240.69 Current outstanding total £36083.01 Paid so far = £41157.68
  • jwil
    jwil Posts: 21,949 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Happytogetdebtfree wrote: »
    Im in ive joined and declared 50k :D
    Yay! :j and WOW!
    "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
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    jwil wrote: »

    Sadly my finances have been a bit shaky for the last few months, so I've had to use cards. Time to get it sorted for next year though. I've still cleared debt so am happy.

    Shaky, me too. Went over our joint overdraft limit yesterday which we have't done in a LONG time....
  • My_life
    My_life Posts: 66 Forumite
    Number 37 calling in!


    £27,491/£31,000

    I will not be able to get to the 31k - but still got one more month and one more pay day to go - so I am really going to try to reach the 30K mark - as long as I dont mad with the last minute christmas shopping

    My Life

    ps - I have also signed up for the 2012 challenge!
  • cakelover_2
    cakelover_2 Posts: 210 Forumite
    Hi All

    £72 paid off cc making total:

    £3629.21/£6500.00 55% paid
    £9,000 (Ish) in 2013
    Paid:
    £32.20 / £4492.66 Debt
    £50.00 / £650.00 Holiday
    £00.00 / £4000.00 House
  • jwil
    jwil Posts: 21,949 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well done everyone, we recovered quite nicely in the end (and I discovered an error in my calculations which bumped up the total a little bit :o)

    November - £21,859.51:T:T



    (total paid/total target)

    £541,877.83/ £1,517,869.89

    :j:T:j:T:j
    "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
  • mmikailian
    mmikailian Posts: 335 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 1 December 2011 at 1:50PM
    bit late for yesterdays round up but today I paid £555.43 off my barclaycard went a bit mad spending in America and just never paid off does not go to my total but my CC is now clear AGAIN!!!

    Have made a payment of £500 to my 0% MBNA card as need to clear by April I think!

    Rang Halifax about my loan am fuming had been making over payments before i was made redundent and have been making monthly payments since and it has hardly got down at all which is madness so I am off to make £1000 payment and will be clearing asap

    MY new job wants be to go as Temp to Perm that way I can get to start quicker starting Monday week then I will be hitting payments with my redundency money!!!

    so todays payments will be £1500


    21: £10,042.49/£15,492.37 = £5449.88


    need to clear as much as i can as soon as i can now!!!!
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