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Pay off as much as you can in 2011 Challenge!

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  • cakelover_2
    cakelover_2 Posts: 210 Forumite
    £8 paid today, this was money that some friends owed me, plus 10p each as they rounded it up instead of giving me the change. Balance now:

    £250.02/£5711.76 :j
    £9,000 (Ish) in 2013
    Paid:
    £32.20 / £4492.66 Debt
    £50.00 / £650.00 Holiday
    £00.00 / £4000.00 House
  • jwil
    jwil Posts: 21,992 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks for all the updates everyone, and welcome to adiwood!

    Off to update the totals now.

    Happy Friday! :)
    "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
  • adiwood
    adiwood Posts: 211 Forumite
    No payments yet today, but will do later.

    Just wanted to say that I love this challenge because I am not very good at keeping up with the £10 a day challenge, preferring to make larger payments.

    Since this is a figure to aim for rather than an amount of to count down it almost feels more do-able.

    Everyone is doing great! I could do it later, but think it would be great to have a running total so we can all work through it together.
    £4000 in 2011 - £48.88/£4000
  • Deeperblue
    Deeperblue Posts: 294 Forumite
    Giving us a grand total to pay off sounds like a great idea! Nothing like team spirit to spur us all on :j
    Roughly adding up peoples goals and rounding up each thousand gets a total of about 997K. How about we aim to pay off a cool £1,000,000 as a team :T How awesome would that be! The more people that join us on the way the easier it'll be to reach.

    (Yes, I understand I have yet to contribute a penny to this total but I'm waiting for payday dammit! :p )
    Parents - £4000/£0 paid
    OH parents - £9000/£0 paid

    Mortgage - £125,000/£0 overpayments
  • Speedys
    Speedys Posts: 65 Forumite
    Update following giving up smoking. :j

    £45.37/£17,500
    DFW Long Haul Supporter #197 Est June 2015

     Lightbulb Nov 2009 - £83,673 Dec 2010 - £75,789.80#

    Pay off £17,500 in 2011 No 6 - £5,343.78

  • tattycath
    tattycath Posts: 7,175 Forumite
    Part of the Furniture 1,000 Posts
    £501.71/£12,000
    GE 36 *MFD may 2043
    MFIT-T5 #60 £136,850.30
    Mortgage overpayments 2019 - £285.96
    2020 Jan-£40-feb-£18.28.march-£25
    Christmas savings card 2020 £20/£100
    Emergency savings £100/£500
    12/3/17 175lb - 06/11/2019 152lb
  • LexieLou
    LexieLou Posts: 715 Forumite
    Part of the Furniture 500 Posts Debt-free and Proud! Name Dropper
    Can I join???

    I'm aiming for

    £12,000

    Love you guys,

    LL xx
    £38,000 and change to £0
  • LoLo
    LoLo Posts: 545 Forumite
    Part of the Furniture 100 Posts
    Hi guys

    Everyone is doing so well. I have yet to get off the mark as January is a bad month for me as I have several family birthdays including my children that I have to buy for. I am hoping to make a payment within the next week and if not then I will definately get off the mark when I get paid.

    Keep up the good work everyone.
  • DedicatedDFW
    DedicatedDFW Posts: 4,234 Forumite
    Hi Jwil and everyone

    Jwil - I have just seen the amount you have paid off in your sig for the challenge - That is Fantastic! Wanted to ask how you have been raising funds if that's ok?:o:D I'm always looking for new ideas to raise some much needed funds ;)

    I do MS's, e-bay -if I can scramble things together to go on there - and work p/t.

    Hope its not seen as a cheeky question just looking for ideas :o
    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
  • twopoundjar
    twopoundjar Posts: 7 Forumite
    Another £80 for me today, refund of an impluse purchase before LBM on the 1st January. Another £50 to come in a few days.

    £263.91/£6,530
    LBM January 2011 - Total Debt £13,060! Currently Stands at £11,984 - 8.24% Paid. Debt Free Target Date - June 2013
    Credit Cards - £6,582/£6,581. Friends & Family - £400/£1,250. Loan - £5,002/£5,229.
    No.113 in the "Pay off as much as you can in 2011 Challenge!" - £1,075/£6,530 - £5,454
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