📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Pay off as much as you can in 2011 Challenge!

Options
14041434546334

Comments

  • £84.00 Paid towards o/d. have now reduced it down from £784 to £700.
    :money:
  • fizzypops
    fizzypops Posts: 248 Forumite
    hi all
    just paid £30 to my asda cc but some of that will be interest so i wont know how much ive actually paid off til next statement. ive now paid the min balances on both credit cards so now i can keep overpaying. :)
    Total debt- 2982.00 Now- £2890.00
  • floella80
    floella80 Posts: 247 Forumite
    Part of the Furniture 100 Posts Combo Breaker PPI Party Pooper
    I'd love to join the challenge even though I'm new! I have a cc with £4000 of debt so I would love to pay that off! Not sure how but it's worth a try!
    Former Debt free wannabe. Now trying to save for a rainy day!
  • o2bfree
    o2bfree Posts: 429 Forumite
    Made a payment today of £129.98.

    So my total goes to £149.48/£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
  • boysma
    boysma Posts: 828 Forumite
    Morning all

    Another 5.00 please to cap one cc this morning. Total now reads at

    75/10,000
    Payment A Day £15 (started 17/5/14) :j
  • tattycath
    tattycath Posts: 7,175 Forumite
    Part of the Furniture 1,000 Posts
    edited 10 January 2011 at 3:11PM
    £786.87/£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
  • KLee
    KLee Posts: 26 Forumite
    Hello

    Non smoking still going really well and have planned all my lunches for this week so putting the weekly £30 in early. Also did my tax return and turns out the tax man owes me a sizeable chunk. Will confirm amount once it's definitely in my account and that will be going towards my debts. Hurrah!
    £3707.05/£10,000
  • abba1772
    abba1772 Posts: 7,746 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Car Insurance Carver!
    Paid off another £279.99 today :j love seeing the amount going up

    i'm number 107

    i now stand at £286.67 / 3500
    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
  • abba1772
    abba1772 Posts: 7,746 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Car Insurance Carver!
    LOL this is getting addictive.... postie just delivered my mail and my catalogue statement was there so just paid it straight away not due til the end of the month so quite pleased with myself x

    again i'm number 107

    £306.67 / £3500
    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
  • jwil
    jwil Posts: 21,992 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Speedys wrote: »
    Just to confirm, are we doing payments made or principle paid off or a mixture of both?

    Some people are counting all payments made, my target is just how much I reduce my debt by so does not count minimum payments, I check my balance after the interest has been added and see how much the balance has been reduced by.

    It's personal preference, whichever works best for you :)
    "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
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.