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Pay off as much as you can in 2011 Challenge!

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Comments

  • Hi folks,

    Can I join please. Can you put me down for £5000

    Money Fritter
    DFW#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%)
  • rictus123
    rictus123 Posts: 2,560 Forumite
    1,000 Posts Combo Breaker Name Dropper
    £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.
  • Speedys
    Speedys Posts: 65 Forumite
    Updated total in my signature as a couple of payments have gone out.

    Now £395.63/£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

  • Muffin86
    Muffin86 Posts: 275 Forumite
    Ninth Anniversary Combo Breaker
    £70 off the debts today :) xxx
    LBM AUG 2009 - Debts £20,000+ :eek: Debts now 13,582.06
    :j Seven Debts Paid Off :j
    Snowballing to pay debts - Muffin V's Catalogue [STRIKE]£1700[/STRIKE] £1480.00
  • o2bfree
    o2bfree Posts: 429 Forumite
    Another payment today of £106.11.
    Bills coming in thick and fast now.

    Total £251.59/£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
  • jwil
    jwil Posts: 21,992 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    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 McGee
  • 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:

    xx
    Total debt- 2982.00 Now- £2890.00
  • 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 overpayments
  • EB69
    EB69 Posts: 878 Forumite
    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!!!!!
  • Law13
    Law13 Posts: 16 Forumite
    Finally got started:

    £138.24/£4000
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