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Pay off as much as you can in 2011 Challenge!
Comments
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Hi folks,
Can I join please. Can you put me down for £5000
Money FritterDFW#972 LBM2 (09/07/12) £25938.84; Current £23783.35;Credit Credit Card1 £128.47/£6424.24 (2%);Credit Card2 £443.86/£15663.25 (2.8%); Overdraft £0/£2500 (0%)0 -
£43.81 off another card so upto £108.05/£6,500!! Got to admit £590 a month for the rest of the year may just be a tad much to clear this but hey you never know and if i do well with the make £11k in 2011 challenge and make the £12k i am personally aiming for then i could well make a massive lump payment at the end and clear the lot! After all not much point having £12k savings at 3 or 4 % but £3k debt at 20%+ at the same time! So Really looking forward to going as far as i can in both challenges. Want to have £12k/as much as i can before i pay off lump sum, dont ask why though!Work in progress...Update coming July 2012.
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£70 off the debts today
xxx
LBM AUG 2009 - Debts £20,000+ :eek: Debts now 13,582.06:j Seven Debts Paid Off :jSnowballing to pay debts - Muffin V's Catalogue [STRIKE]£1700[/STRIKE] £1480.000 -
Another payment today of £106.11.
Bills coming in thick and fast now.
Total £251.59/£6000Pay as much as you can in 2011- £3688.54/£6000Pay as much as you can in 2012 - £3190.96/£6000LBM - August 2010 - £19202.30Current - August 2012 - £11803.68Paid so far - £7398.620 -
Money_Fritter wrote: »Hi folks,
Can I join please. Can you put me down for £5000
Money Fritter
Welcome Money Fritter, I'll add you to the front page now.
Good luck with the debtbusting!"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 McGee0 -
morning all,
paid another £2.00 to credit card today but cant update sig until i recieve statements a bit annoying but then i suppose it might be a nice surprise this way :cool:
xxTotal debt- 2982.00 Now- £2890.000 -
I can't believe how much some people have paid off already! Well done everyone!Parents - £4000/£0 paid
OH parents - £9000/£0 paid
Mortgage - £125,000/£0 overpayments0 -
Small update for me for Jan - my target is to clear as much of my barclaycard as I can in 2011, but focussing this month on clearing Virgin first so have only managed a piddly £356.14 so far - only £15,472 to go!!!!!0
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Finally got started:
£138.24/£40000
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