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1 debt in 100 days- official :)

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  • Don't have any payments today but well done everyone whose started chipping away at their total :)
    Parents - £4000/£0 paid
    OH parents - £9000/£0 paid

    Mortgage - £125,000/£0 overpayments
  • Ooh- just plucked up the courage to go onto a snowball calculator for the first time ever- to be honest I was really scared what it would show :(

    Anyway, with everyone in bed I decided to go for it- and to my surprise, it gave me a debt free date in May 2017 :o. Now I know that is a good few years of scrimping and saving, but I was expecting worse! So glad I did it- it's made me even more determined when I saw that just by increasing my debt payments by £10 a month made a couple of months difference.
    I know that we are going to have a hard few years with my husband's redundancy looming and the increasing price of everything, but it suddenly seems achievable.

    Going to go and make an extra payment of £5 right now- it might make my DFD a couple of weeks sooner!! :D

    £78/£300
    Save £12k in 2021: Jan £1834.40, Feb £1692.81
  • £200 paid today.

    £28 remaining.

    I realised I was being a bit daft with money sat doing nothing in my savings account and have a debt accruing interest - so thought I'd better swap things round. Hopefully I have some OT coming in this month which can start topping the savings up again.
    This time I haven't smoked since 6th Jan 2014 and still going ok.
    Fingers crossed x
  • Amara
    Amara Posts: 2,176 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Well done Penelopedee! It's only second week of the challege and you've already almost acheived your goal :)
  • Normal payment went out today for me, which is good as i only managed a small payment last week.

    Now at

    185.03/2000
  • searching_me
    searching_me Posts: 18,414 Forumite
    ... popped £10 in to my tin that i was saving for a car but rthis is more important so £10/£1300 x
    :)Still searching .....:)
  • ixia
    ixia Posts: 1,338 Forumite
    Hi £10 for me today that leaves £1190 desperate to get it under £1000. I am enjoying this keep trying to think of ways to pay it off. Couple of e-bay items sold I've transferred money from paypal so when it goes into my account I will be able to make another payment.

    good luck to everyone else.
  • beanielou
    beanielou Posts: 95,562 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Amara wrote: »
    Well done Penelopedee! It's only second week of the challege and you've already almost acheived your goal :)

    From me too & well done on the no smoking too:j
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • cyclura
    cyclura Posts: 295 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    £80 paid for me which leaves £329.50 of £409.50
    Debt Free...yay! 10/09/2013 :j




  • Evening all

    I made a payment of £2 today so outstanding is £502 / £524.39
    Weekly Spend Challenge: £0/£30


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