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Pay off as much as you can in 2011 Challenge!

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Comments

  • nickynoo08
    nickynoo08 Posts: 1,860 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Paid another £25 extra off our loan today

    £285.81/£6000
    £387.39/£196.46
    Pay my debt by End of Feb 2022
    49.28% paid!

    £199.55/£500 savings by End of April 2022
    39.91% saved!

    Make £2022 in 2022 - £20
  • boysma
    boysma Posts: 828 Forumite
    Hi everyone

    £1 today to cap one cc. Can't afford any more at the mo but DH gets paid next Thursday. Thank goodness it's Friday:j

    £740.70/£10K
    Payment A Day £15 (started 17/5/14) :j
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    OK, just scraped together a final £39 so we have hit our target this month! Very exciting.
  • sarahs999 wrote: »
    OK, just scraped together a final £39 so we have hit our target this month! Very exciting.
    :T
    Hope to be joining you next week!
    Parents - £4000/£0 paid
    OH parents - £9000/£0 paid

    Mortgage - £125,000/£0 overpayments
  • gailey_2
    gailey_2 Posts: 2,329 Forumite
    Part of the Furniture Combo Breaker
    Hi guys

    sorry not updated last few weeks.

    updated payments

    59pounds very

    hubby
    386 loan
    110 creditcards.

    Got loan and bankcharges to come out end this month.
    still got barclaycard to pay too

    Hope everyones doing ok jan hard month this week meant to be hardest week in whole year.

    Remember every payment counts.
    dont get disheartened as others paid more go at own pace.

    I so want to be debt free this year but no it will be hard slog.
    Hubbys will take few years due to large loan but want to get his 7grand creditcard debt cleared this year and his overdraft gone next year.

    Reaslised new car may cost more than we thourght which means less in pot for debts but old car killing us on last legs and reason why in so much debt in first place.
    pad by xmas2010 £14,636.65/£20,000::beer:
    Pay off as much as I can 2011 £15008.02/£15,000:j

    new grocery challenge £200/£250 feb

    KEEP CALM AND CARRY ON:D,Onwards and upward2013:)
  • Hi guys... this is such a great idea! I have the following I want to shift before the end of the year!
    CapitalOne £762.78 Lloyds TSB £2,317.81 Over Draft £2800
    TOTAL OWED £5,050.28
    Clear £5k in 2011: £00.00/£5,000
    :)
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    Welcome Rachie! We're collectively hoping to pay off £1 million this year so the more people that join the more likely that is!
  • 1M in a year means £83,333.33 a month... hope we're close to that this month!
    Parents - £4000/£0 paid
    OH parents - £9000/£0 paid

    Mortgage - £125,000/£0 overpayments
  • Pernicious
    Pernicious Posts: 1,786 Forumite
    copperjar wrote: »
    Paid another £13.43 off the Virgin card today, total now over £1k paid this month :eek: Crikey - what I could have done with that money.

    £1006.26/£10,000

    Wow! How on earth have you managed to make such a large dent? I wish I was paying back a grand a month, would be sorted pretty quickly!
    :idea:Debt at July 2012: £12,862.57 :eek:
    :dance:Current Debt: £0 :j
    100% paid off!
    :think: Savings Goal for November 2016: £5000 :cool:
    :D Current Savings: £1176.24 _party_
    23.52% Saved!
  • copperjar
    copperjar Posts: 884 Forumite
    edited 21 January 2011 at 10:39PM
    Pernicious wrote: »
    Wow! How on earth have you managed to make such a large dent? I wish I was paying back a grand a month, would be sorted pretty quickly!

    I've reorganised quite a bit following my LBM, was lucky enough to finish my car loan in Dec and my mortgage deal has been reduced by £100 from Jan so all that's been going on the debt. After that just the usual - eBay, Amazon, living frugally! Its been tough but great to see the debt coming own. Mind you, over £500 is in min payments anyway.

    Anyway, another £18.17 paid off Virgin today

    £1024.43/£10,000
    [STRIKE]
    Total debt 1.11.10 £23,446
    [/STRIKE]
    Save £6k in 2015 #129 £6121.66/£6000
    Save £6k in 2016 #39 £6000/£6000
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