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Pay off as much as you can in 2011 Challenge!

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  • Daeheryn
    Daeheryn Posts: 42 Forumite
    Deeperblue wrote: »
    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 )

    I think that's such a cool idea! Can you just imagine the pat on the back we could give ourselves if we reached that!

    And I haven't yet paid anything in January - waiting for payday too!
    Pay off as much as you can in 2011 challenge #116 £394.24/£6722.58
  • adiwood
    adiwood Posts: 211 Forumite
    From the stats I see we have paid off around £33915 collectively this week! :T
    £4000 in 2011 - £48.88/£4000
  • boysma
    boysma Posts: 828 Forumite
    Good morning all:)

    Another 10.00 paid to cap one today making my total paid now:

    65/10,000

    I am so looking forward to getting paid and making some bigger payments - just how sad is that?:p

    I think the one million goal for us as a team sounds like a great idea:T

    See you all tomorrow:A
    Payment A Day £15 (started 17/5/14) :j
  • jwil
    jwil Posts: 21,992 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    adiwood wrote: »
    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.
    Deeperblue wrote: »
    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 )
    Daeheryn wrote: »
    I think that's such a cool idea! Can you just imagine the pat on the back we could give ourselves if we reached that!

    And I haven't yet paid anything in January - waiting for payday too!

    I am going to post a monthly total on the first page so we can see how we are getting on. It will be fantastic if we get to the £1 million mark, and I guess it's possible as more people are still joining all the time!

    Go us!! :beer:
    "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
  • jwil
    jwil Posts: 21,992 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    adiwood wrote: »
    From the stats I see we have paid off around £33915 collectively this week! :T

    That's amazing, well done everyone!:T
    "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
  • jwil
    jwil Posts: 21,992 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    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

    Hi DDFW, that's just down to my reorganisation of my finances. I knew there would be a big batch, but now it's going to be very hard work. Ebay, surveys, bingoport, amazon, car boots etc all the way for me now.

    It's free listing on ebay this weekend, so I should really be on there :o
    "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
  • jwil
    jwil Posts: 21,992 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    LoLo wrote: »
    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.

    February's my big month for Birthdays, though I have one in January as well. You'll get there soon enough and probably leave me behind :rotfl:
    "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
  • Speedys
    Speedys Posts: 65 Forumite
    Just to confirm, are we doing payments made or principle paid off or a mixture of both?
    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

  • 32/5554.64

    Hey im new to posting having been using martin website for years, reclaiming that was fun now i need to reduce this debt hopefully i can pay it all of in 2011 but 50% would be great, how does one make a signature??

    Sammy
    C1 [STRIKE]£536.14[/STRIKE]£0 Littlewoods [STRIKE]£466,45[/STRIKE] £0 Remaining CC £3537.15 Overdraft £2017.49 Total £5554.64
    Losing lbs whilst saving £££'s: 0lbs/28
    No Buying Toiletries in Jan 2011 !!!!
    Pay off as much as you can in 2011 Challenge! 32/5554.64
  • Topcat33
    Topcat33 Posts: 21 Forumite
    Another £12 paid off, slowly chipping away!
    Bank of Scotland CC: £2209.22/£2400.
    :beer:
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