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Pay off as much as you can in 2011 Challenge!

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  • jwil
    jwil Posts: 21,895 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    sarahs999 wrote: »
    There were three women on our trip who were well into their fifties, having a whale of a time!

    Yeah, go them :j I sooo want to go :D
    "If you can dream it, you can do it". Walt Disney
  • My_life
    My_life Posts: 66 Forumite
    Number 37 calling in for the final time in the 2011 thread

    Well I did not make the full amount - but I did pay off

    £ 29,473 / £31, 000

    Since I started with MSE in Dec 2008 I have paid off all the credit cards, really made a dent into the mortgage. I aquired a car loan during 2011, but this will be paid off during the 2012 challenge.
    The figure above is all captial reduction - I never counted the monthly interest payments, but I counted all my debts including the mortgage payments. I will do this again next year as it works well for me
    Have a great christmas and see you all over on the 2012 thread!
    My life
  • jacci45
    jacci45 Posts: 1,636 Forumite
    well done my life,that is a massive amount to pay off!!
    pad 10.00...owe 16824/31943 and paid 15119/7800......

    happy thursday all!!
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    My life that's ridiculously huge and more than the average gross salary, so well done!
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    £37.52 to barclaycard min payment
  • jacci45
    jacci45 Posts: 1,636 Forumite
    overpaid cap one so now owe 16708/31943 and paid 15235/7800!!
  • jwil
    jwil Posts: 21,895 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well done My Life, that's a fantastic achievement :T :T
    "If you can dream it, you can do it". Walt Disney
  • My_life
    My_life Posts: 66 Forumite
    sarahs999 wrote: »
    My life that's ridiculously huge and more than the average gross salary, so well done!


    Thanks Sarah, I have not used my salary (and part of my husbands) at all since I started this in December 2008. We decided then after buying and completely rebuilting our forever home (hence the huge mortgage and credit card debts) that we would throw everything at it and be completely free within 6 years.

    We are exactly at the half way mark this month (both in time and debt reduction). Not sure if my job will carry on too much longer (public sector) - but thats another benefit of spending the last three years living off one salary - if it happens we will be ok.

    Dont forget my figure includes the mortgage payment (minus the interest) - so I expect everyones would seem big if they included theirs in the total!!

    My life
  • LAM2011
    LAM2011 Posts: 1,432 Forumite
    PPI Party Pooper Debt-free and Proud!
    Well done My Life - so close to your target too. :T
  • jacci45
    jacci45 Posts: 1,636 Forumite
    pad 4.00...........now owe 16704/31943 and paid 15239/7800

    happy friday all!!
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