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Pay off as much as you can in 2011 Challenge!

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Comments

  • jwil
    jwil Posts: 22,036 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    dorsetem wrote: »
    Hi there,

    I have just registered to be able to post on here. Please can I join your challenge. I would like to pay off £11,000.

    Thanks so much

    Emily

    Welcome Emily, it's nice that we are your first post! :)

    I'll add you to the first page, do keep posting and let us know how you are getting on. 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
  • virgoean
    virgoean Posts: 10 Forumite
    Hi please can I join? my first challenge :) I spent yesterday doing spreadsheets for this year. I would like to pay off 7200by the end of December. Thankyou :A

    :j This is me taking control :j
    Debt : OD 2500 Loan 8032.82 Loan 7024.88
    MBNA CC 4000 MBNA CC 3000 Santander CC 2026.49 :eek: so scared I won't be able to sort all this out. This wasn't living beyond my means it was just living:(
  • jwil
    jwil Posts: 22,036 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Purpletea65 wrote: »
    Payment to credit card has been cleared, I ended up not doing the minimum payment as DH had spent more on the card than I thought; hey ho never mind. Payment this month was £446.00 this included CB money. Balance now stands at £3143.40, it would have been under the £3k mark but can’t be helped; I’m not going to whinge about it.

    Tea
    x

    Hey purpletea, could you please check your total on the front page to see if it is correct? I wasn't 100% sure from your post what I should be putting up.

    Thankee kindly :)
    "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
  • jwil
    jwil Posts: 22,036 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    virgoean wrote: »
    Hi please can I join? my first challenge :) I spent yesterday doing spreadsheets for this year. I would like to pay off 7200by the end of December. Thankyou :A

    Welcome virgoean! Thanks for joining us :) I'll add you now, good luck with the debtbusting! Keep posting and let us know how you are doing.
    "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
  • dreamdreamer
    dreamdreamer Posts: 619 Forumite
    Debt-free and Proud!
    Another £295.15 paid off today.

    Now £1461.69/£5000
    :D DEBT FREE 3rd Sept 2011 :D
    (Debts at highest £15.8k Nov '08)
    Student Loan paid off July 2014
    First Direct Regular Saver #2: £2700 ** Santander 123: £13,106
    Car Insurance/Tax Fund: £305 ** Present Savings: £525 ** Disneyworld Fund £100
  • dorsetem
    dorsetem Posts: 6 Forumite
    :j Thanks for your posts. I am so chuffed to have found this community who feels the same as me!! I have a pot of £2 coins and not sure what to do with them. Should I put them in my credit card payment or open a saving account?

    Thanks

    Em

    ps how do I change colour and increase font size in advance?!
    Pay off as much as you can in 2011! Number 136
    80/11000:dance:
  • dreamdreamer
    dreamdreamer Posts: 619 Forumite
    Debt-free and Proud!
    Pay off the credit card - the interest rate on that is bound to be higher than the interest you'd receive in savings.

    To change colour and font click "go advanced" at the bottom of your reply window - the font size and colour options are at the top of the text window on the advanced page. :)
    :D DEBT FREE 3rd Sept 2011 :D
    (Debts at highest £15.8k Nov '08)
    Student Loan paid off July 2014
    First Direct Regular Saver #2: £2700 ** Santander 123: £13,106
    Car Insurance/Tax Fund: £305 ** Present Savings: £525 ** Disneyworld Fund £100
  • Impulse1976
    Impulse1976 Posts: 85 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Hi there at last i have been paid.

    No 93 reporting £636.19 off this month so far

    £685.00 / £8,500 - 8% there :-)
  • debtfreewannabe321
    debtfreewannabe321 Posts: 9,446 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Hi there I'd also like to join if not too late i think i need a bit of motivation! We owe £11,297 and would like to pay off as much as possible !!
    MORTGAGE BALANCE when we moved Aug 2024, £120,000. January 1st £118,267.06. May 1st, £116, 123, June 1st, £115,536, New mortgage added for extension- £165,000 July 1st!
    Mortgage Overpayments - September-December, £152.46. J- £103.27, F- £115, M- £91.50, A- £100, M- £200, J- £200. J- £200. Aug-£200.
    Total- £1362.23
    Goal pay off 1% of current mortgage in 1 year. £1650

    EF- first goal £300
    https://forums.moneysavingexpert.com/discussion/6496485/buying-a-little-piece-of-middle-england#latest
  • dorsetem
    dorsetem Posts: 6 Forumite
    I have managed to pay £80 today to a lloyds loan I have yippee!!!
    Pay off as much as you can in 2011! Number 136
    80/11000:dance:
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