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Pay off as much as you can in 2011 Challenge!

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Comments

  • Haha I suppose there are worse addictions! I've already started working out how much I can save when all this debt is paid off! How's that for forward planning? ;)
    :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
  • I think I'm getting a serious debt repayment addiction - I can't stop checking my internet banking! Gotta wait for OH's contribution for rent and bills to hit my account, then I'll be paying £1500 off my loan with money I've saved since November. I can't wait!! Why do standing orders have to take so long to come through?!

    I started thinking I was going mad doing this!
  • jakes-mum
    jakes-mum Posts: 4,641 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    been missing in action for a bit but back with my latest payments

    Loan = £180.27

    Virgin CC = £50.00

    which brings my total paid = £515.54 / £3950 :j
    SPC No 002 SPC(3) £285/£250 (4) £519.84/£500 (5) £768.32/£500 (6) £911.30/£600 (7) £913.23/£600 (8) £1184.82/£750 (9) £2864.04/£750 (10) £3846.25/£1000 (11) £1779.72/£1000 (12) £1596.55/£1000 (13) £1534.70/£1000 (14) £775.60/£1000 (15) £700.20/£1000 (16) £2081.34/£1000 (17) £1691.15/£1000 (18) £225/£1000
  • jwil
    jwil Posts: 22,051 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Wow, that's taken me ages! :rotfl:

    I've set up an excel spreadsheet so I can calculate it quicker in the future. But our grand total is.........

    So far we have paid off a total of: (total paid/total target)

    January - £85,134.13/£1,167,818.40

    Well done everyone, that is fantastic!!

    :j:T:j:T:j:T:j:T:j:T:j:T:j:T:j:T:j:T
    "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
  • Rainy_2
    Rainy_2 Posts: 432 Forumite
    jwil wrote: »
    So far we have paid off a total of: (total paid/total target)

    January - £85,134.13/£1,167,818.40

    Well done everyone, that is fantastic!!

    :j:T:j:T:j:T:j:T:j:T:j:T:j:T:j:T:j:T


    Excellent! Well done all! :beer:
    Pround to be dealing with my debts! DFW Nerd # 1201
    Coloured Squares 506/900 :eek:

    The early bird catches the worm, but the second mouse gets the cheese ;)
  • Rainy_2
    Rainy_2 Posts: 432 Forumite
    jwil wrote: »
    Wow, that's taken me ages! :rotfl:


    And a huge well done to jwil for working it all out for us! :A :beer:
    Pround to be dealing with my debts! DFW Nerd # 1201
    Coloured Squares 506/900 :eek:

    The early bird catches the worm, but the second mouse gets the cheese ;)
  • jwil
    jwil Posts: 22,051 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I'll now update the first page with everyone who updated after midnight.
    "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
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    Oh my god that's brilliant! Well done everyone. Keep it up and we'll pay off a cool million by the end of the year easily. Consumer power!

    Well done jwil. It's a mammoth task you've taken on!
  • dreamdreamer
    dreamdreamer Posts: 619 Forumite
    Debt-free and Proud!
    edited 1 February 2011 at 12:51PM
    WOOHOO!! £85,134.13 less in the hands of the corporations! That's an amazing amount for one "little" thread in one month - look at what we can do when we club together and put our minds to it! :j:j

    And massive thanks to jwil for doing all the hard sums!
    :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
  • KLee
    KLee Posts: 26 Forumite
    Wow, that's fantastic news everyone!

    £200 off my cc and £47 off my loan please.

    Thanks and good luck
    £3707.05/£10,000
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