Pay off as much as you can in 2011 Challenge!

jwil

copperjar wrote: »

Lots of us paying big chunks off our Virgin cards. They're gonna love jwil for starting this thread!

If my balance transfer comes through, that will be MBNA gone forever!:dance: Same company, so yes, they might really love us all

jwil

Thanks everyone for the updates, off to update the first page now.

I got my credit card statement this morning and I've paid off..... £3! Woo hoo!:rotfl: It shows how slowly the balance goes down if you just pay minimum payment :eek:

Speedys

jwil wrote: »

I got my credit card statement this morning and I've paid off..... £3! Woo hoo!:rotfl:

:beer::beer:

sarahs999

jwil wrote: »

Thanks everyone for the updates, off to update the first page now.

I got my credit card statement this morning and I've paid off..... £3! Woo hoo!:rotfl: It shows how slowly the balance goes down if you just pay minimum payment :eek:

Minimum payments are the work of the devil...

Talking of which, £200 to Virgin as an overpayment.

copperjar

Paid £50 towards Santander CC today.

£928.65/£10,000

novagirl

My direct debit has gone out today for £34

Total now £196.44

pinkarsenalprincess

Money really really tight this month so am only making minimum payments.

Made a little payment of £12

Have now paid off a total of £162!

affordmylife

im still really motivated and cant wait to get paid next week to really get cracking but i was got pursuaded on clarks website via here to buy three new pairs of shoes/boots. so unfortunately ive spent over £80 that could have gone on debt so im cross with myself.

!!!!!! !!!!!! !!!!!! but you need shoes right ??

kdenty

I'm sorry I'm having a really struggle right now with paying anything off. My budgeting is rubbish and in the month my earnings took a skydive my car insurance is due so I'm putting as much credit on as I'm taking off.

Work is really quiet and that is not helping at all. Next month will be a poor month too. And Mr Inland Revenue needed my taxes this month (oh the joys of self employment). Tax thankfully seems to be the only thing I am organised to budget for!

So I've paid off a total of £434.60
but spent (and interest charges) of £56.31
but expect to spend about £400

Ho hum. Sorry to moan. I do feel better for posting this though.:o

Well done to everyone who is managing to get some payments made though :T

sarahs999

affordmylife wrote: »

im still really motivated and cant wait to get paid next week to really get cracking but i was got pursuaded on clarks website via here to buy three new pairs of shoes/boots. so unfortunately ive spent over £80 that could have gone on debt so im cross with myself.

!!!!!! !!!!!! !!!!!! but you need shoes right ??

You don't need three new pairs! No you don't! When they arrive, send two pairs back and put the money to your debt. Come on, it's only Jan 13, you can't go splurging already!