A Payment A Day - Part 11!

thevinternet

sashybo wrote: »

Still, the other cats just made up for it - a Siamese chorus in the morning - what a lovely wake up call. :eek:

You have Siamese? So do I! Oh, I love the breed so much, what colours do you have? I have two modern-style Siamese, apricot-point and blue-point. They are brothers and are everything I had hoped they would be and more!!

Erme

girlatplay wrote: »

I'm praying for you Erme You will do great! Good luck.

No PAD for me today as yet but I will pop back later with one. On holiday from work today (:j) as got hols to take before the end of the year so need to wait until the end of the day to see what there will be to PAD.

Och you were so right GAP...I got 86% when I really thought I'd failed :j...so now excel on Jan 12th

never_too_old wrote: »

Afternoon
back with another pad of £27.02
snowballing is just as addictive as padding, i just entered this mornings pad and noticed that to even things up i needed to pad the above:D

Yeah snowballing is like so addictive...I never realised how addictive debt busting and being frugal could be till I did the snowball :rotfl::rotfl:

You just know with the snowball where things are going when. That and a spreadsheet and you're made (any spreadsheet)

E

vasseur

£1.67 to Barclaycard for me please

Hopeful1

Erme wrote: »

Och you were so right GAP...I got 86% when I really thought I'd failed :j...so now excel on Jan 12th

E

Oh yee of little faith (in yourself ) Well done! :T

Charityworker

Excuse me if I'm thick but are you actually paying these bits off when you post or just putting them in an account and paying a bulk off at once? I put little bits away and I plan on paying a sum off in a years time but I'm thinking maybe this is a better way of doing it????

Hopeful1

Charityworker wrote: »

Excuse me if I'm thick but are you actually paying these bits off when you post or just putting them in an account and paying a bulk off at once? I put little bits away and I plan on paying a sum off in a years time but I'm thinking maybe this is a better way of doing it????

Hello! The beauty of PaD is that you can do it anyway you like! Some people post the amount they are putting into a seperate account or paying into a tin! The accumulated pennies are then paid off in a lump sum. Some people do literally pay the amount they post directly off an account whether it's a loan or credit card. I tend to do mine that way, so I use online banking to make my payments. Nobody has had a little payment turned away as far as I'm aware.

Come and join us - it's a great place to be

penelopedee_2

Hi Charityworker, I PAD a little payment everyday from my current account via bills payment to the target debt. When its for a high interest debt, I found paying even a £1 a day makes a difference on the cr*ppy interest charges.

But it doesn't matter whichever way you want to pay. For me its more about paying a bit each day and not frittering a little.

So at the moment I know its going to be tight over Christmas, so my plan is to PAD £2 a day and take pack lunches for work instead or give up my weekend magazine. After Christmas I will be back to much stricter rules and emptying every spare penny I can from our grocery/month spends account before we can blow it. I just feel I need to give a bit of space over Christmas (cos we love it).

Charityworker

Hopeful1 wrote: »

Hello! The beauty of PaD is that you can do it anyway you like! Some people post the amount they are putting into a seperate account or paying into a tin! The accumulated pennies are then paid off in a lump sum. Some people do literally pay the amount they post directly off an account whether it's a loan or credit card. I tend to do mine that way, so I use online banking to make my payments. Nobody has had a little payment turned away as far as I'm aware.

Come and join us - it's a great place to be

Thanks. I pay my debt by direct debit and pay a lump sum off once a year by cheque. I've been doing it a year and have already shaved an extra year off. When I pay and extra payment they send me a letter acknowledging it. Are you sure they're not going to mind me sending a cheque every day or even every week? I can't pay it online. I've already asked.

debtfree2015_2

£135 for me today please, to two cards :j

penelopedee_2

Charityworker wrote: »

Thanks. I pay my debt by direct debit and pay a lump sum off once a year by cheque. I've been doing it a year and have already shaved an extra year off. When I pay and extra payment they send me a letter acknowledging it. Are you sure they're not going to mind me sending a cheque every day or even every week? I can't pay it online. I've already asked.

What sort of debt is it? Card, loan or mortgage?