A Payment A Day - Part 11!

rsdiscos

Morning All,

A little PAD of £0.43 paid into my mortgage - it doesn't sound a lot, but I was wondering if there's a way of working out what the reduction saves over the course of the 18 years I've got left!

Do people also include regular payments to loans and Credit cards or just the extra PADs they make?

Sorry for so many questions this early in the morning - I'm trying to make use of the extra hour I gained this morning!

RSDiscos

PS - thanks to the peeps that organise the thread! :T

mooomin

rsdiscos wrote: »

A little PAD of £0.43 paid into my mortgage - it doesn't sound a lot, but I was wondering if there's a way of working out what the reduction saves over the course of the 18 years I've got left!

Do people also include regular payments to loans and Credit cards or just the extra PADs they make?

If you ask on the Mortgage Free Wannabe thread they can point you in the direction of a number of excellent spreadsheets to figure it out. 43p might not sound a lot, but you will make a saving!

I don't include my regular payments but other do, it's really up to you

never_too_old

rsdiscos wrote: »

Morning All,

A little PAD of £0.43 paid into my mortgage - it doesn't sound a lot, but I was wondering if there's a way of working out what the reduction saves over the course of the 18 years I've got left!

Do people also include regular payments to loans and Credit cards or just the extra PADs they make?

Sorry for so many questions this early in the morning - I'm trying to make use of the extra hour I gained this morning!

RSDiscos

PS - thanks to the peeps that organise the thread! :T

http://www.whatsthecost.com/snowball.aspx

have a play with this site its brilliant to be able to see how much u pay in interest

rsdiscos

l.m.hart wrote: »

http://www.whatsthecost.com/snowball.aspx

have a play with this site its brilliant to be able to see how much u pay in interest

That's great! It's scary to think that if I upped my regular payment by £73 per month, I'd pay off the mortgage 20 months quicker and save about £6000 grand in interest!

Oh well, only another £69 extra to find this month!!!

Thanks for the replies guys!!!

skaps

day 28 £5224.32
wk total £8670.65
day 29 £700.29

Keep going everyone, last few days of the month till the BIG total

Erme

skaps wrote: »

Sorry all Been on holiday and forgot to mention it. Will be back later to update. Well done on padding in my absence

Now you tell us Skaps ...thought you had dropped off the end of the world or something . Welcome back hun. Pray holiday wasn't too expensive

Flower08 wrote: »

No not really religous just really liked the name

Keep having people saying to me they didnt realise I was religous, but to be honest OH suggested it as a name when I was around 5 months pregnant and I thought it was lovely

I hope you are feeling a bit better now and not too down. Great news that your birth certificates came through!

I'm still a bit down and rubbish this am....I went to bed at like 6.30pm last night and missed kirk conference as a result - I was just soooo anxious....it didn't help that I didn't know why I was cold yesterday pm only to discover about 5pm the heating wasn't on LOL... I was absolutely frozen and like it was about 19c in the lounge (if not 18 at times).....Praise God for the warm home discount I'm going to be getting in March - £120 off my bill :T...

So yeah don't worry hun about not being religious...not a prob...I am and know there's folk off MSE who pray for me but don't know their ID's so wondered if you were one of them that's all. Whoever you are THANKYOU

Like even my eating probs ppl pray about....and I really value that and what not....it makes all the difference...

So how is the wee one? I mean Noah? and how is the other bambino. Pray they are growing...

Can you believe the clocks went back last night? Lighter mornings I know but won't be long till it's mega dark in the mornings till about 9 here or so - expensive lighting....In the winter here it's only light for about 6 hours a day. Not exactly looking forward to it but then I tell myself winter only lasts 4 months so why worry? That's not long...

E

njk1012

Another £10.30 for me today to MBNA. Now under £1600 total over two CC woohoo! I'm hoping November will see the first CC gone.

thevinternet

Hello all! Just catching up on xfactor. I'm trying to take my mind off the fact an old friend (admittedly one I haven't seen for years) has been diagnosed with cancer, so sad, I can't stop thinking about it.

Anyhoo....PAD-ing also helps to take my mind off it.

PAD £1.30 today to Lloyds TSB CC.

blue2011

making my first Pad for £10! Hopefully this will become my new habit!

Flower08

Erme wrote: »

So how is the wee one? I mean Noah? and how is the other bambino. Pray they are growing...


E

He's doing really well thank you just taking the chance to quickly catch up on here while hes napping! I'm absolutly exhausted, but hes just so lovely that I really dont mind. He loves being out and about in his pram so will take him for a little walk later

6 hours of light a day is horrible! I bet that puts your electric bills up. I dread to think what our gas bill will be like this winter, but need to have the house warm for the baby - would normally go as long as possible without putting it on, but dont want Noah catching a chill.