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11k in 2011 challenge

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  • loumac
    loumac Posts: 942 Forumite
    t4mof wrote: »
    Told OH today that we should only owe £1500 by the end of the year and now he's on a mission to try and earn it so we can be debt free before 2012 :T

    Not 100% sure we'll do it but it's a good aim to have.

    Good luck! That sounds like a great extra challenge to set yourselves, you're doing really well so why not!!
    Wandered away from the MSE track for a while but am back and on a mission! Debts cleared nearly £18k. Now to start saving ...
  • Hi everyone, number 93 reporting in

    Paid £547.64 off today as been paid £7,481.63 / £11,000 - 68%

    Well done everyone

    Have a nice bank holiday weekend
  • loumac
    loumac Posts: 942 Forumite
    68% ?!? Wow!! Well done!! That's a great achievement, off to check all my payments as today is pay day and I feel like I've waited ages to do an update!
    Wandered away from the MSE track for a while but am back and on a mission! Debts cleared nearly £18k. Now to start saving ...
  • Paid £547.64 off today as been paid £7,481.63 / £11,000 - 68%

    :eek::eek::eek::eek: The rate at which you are going, you will probably hit £22k in 2011! I can only dream of such impressive numbers :drool::drool:

    Well done Implulse! :T
    Total debts [STRIKE]£34,500[/STRIKE]£31,425

    Proud To Be Dealing With My Debts
    Last Bet: 26 Feb 2012
  • skaps
    skaps Posts: 2,255 Forumite
    Welcome to the challenge SazM030306, have added you to the list. Enjoy the weekend everyone
    MFW 2016 No 68 £1300/£8500 No new toiletries Cook sth different
  • Hi everyone,

    Just a quick update, paid £850 towards my debts yesterday. This takes me to £1,350!

    Enjoy the weekend
    Total debts [STRIKE]£34,500[/STRIKE]£31,425

    Proud To Be Dealing With My Debts
    Last Bet: 26 Feb 2012
  • loumac
    loumac Posts: 942 Forumite
    Well signature updated at last.... too many bank holidays meant a tense wait to see what was paid off so far!

    So...
    £181.94 paid to LloydsTSB loan.
    £225.00 paid to virgin credit card.
    £50 paid to in-laws.

    Although progress on debts feels slower than hoped there is now £1,036.80 in the savings account. As we're hoping to move into a bigger home this month that money has been needed to be put to one side in order to get ready for deposits etc. So if I counted that towards my overall total I'd be at 38.81%!! ;)
    Wandered away from the MSE track for a while but am back and on a mission! Debts cleared nearly £18k. Now to start saving ...
  • skaps
    skaps Posts: 2,255 Forumite
    edited 3 May 2011 at 7:48PM
    Some money paid to debts and savings pot too. Up to £2597.94 (23.62%)
    MFW 2016 No 68 £1300/£8500 No new toiletries Cook sth different
  • skaps
    skaps Posts: 2,255 Forumite
    loumac wrote: »
    Well signature updated at last.... too many bank holidays meant a tense wait to see what was paid off so far!

    So...
    £181.94 paid to LloydsTSB loan.
    £225.00 paid to virgin credit card.
    £50 paid to in-laws.

    Although progress on debts feels slower than hoped there is now £1,036.80 in the savings account. As we're hoping to move into a bigger home this month that money has been needed to be put to one side in order to get ready for deposits etc. So if I counted that towards my overall total I'd be at 38.81%!! ;)

    Hey loumac you can add this to your total I add my savings and debts together for this challenge.
    MFW 2016 No 68 £1300/£8500 No new toiletries Cook sth different
  • t4mof
    t4mof Posts: 266 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    £700 to Halifax today and that's me done for 3 weeks until next payday.

    We're almost through our events... I actually get a weekend to myself this week which is the first one since 19th March!

    So May brings:

    DS1 birthday
    Evening wedding reception
    OH birthday

    Still got quite a lot to fork out for although DS1's presents are almost bought and picked up a couple of things for OH already.

    And £1.96 transferred today to round down my account.
    CC Debt at LBM Nov 08 - £25000+ DFD Dec 2012
    Second DFD May 2021
    Starting my MFW journey: Opening Balance: £138,000; July 2019: £135107.33; July 2024 £52974.60
    2025 MFW #36
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