The "Pay ALL your debt off by Xmas 2012" challenge

strawberryR

:money:Morning all I no that someone mentioned a programme called money was on tv, just spotted an advert for a programme on four - Guide to penny pinching should be good women on the advert uses vouchers to bring her food shop down. Should be interesting watch. :money:

Shellgsxr

Good Morning finally PayDay for me Yay :j
I have paid £350/£6157.85

Have a good day everyone

antonia1

Morning all! Payday for me today :j:j:j

I have paid £100 to the credit card and £150 from my overdraft, so my total is £250 / £3895 6.4%

Not doing so well on my time challenge tho! I was 30 mins late to bed and 75 mins late getting up this morning, so I've just had to put £5.25 into my weekly challenge pot:eek:

Malmol09

This thread has certainly made me feel quite focused.

I got myself into this debt very easily, without even noticing!!! So.... it's ambitious to say I will pay all my debt of by Xmas 2012, but if I work hard I can start to claw my way out of it.

I read somewhere on here that you may want for material things, but do they really bring you happiness? Just because someone else has something....does that make them happy? I'm happy, I accept my debt and have a plan to deal with it. I've got everything I could ever wish for right now and those things I haven't had to pay a penny for!!!

So to keep focussed, today I need to go to the bank. Instead of driving I'm going to walk (save a few pennies and get some exercise!!). Also, I've checked the weather forecast....so put a wash on to get outside before the rain comes later (reduce need to use the tumble dryer!!):T

Look after the pennies etc etc!!

strawberryR

Malmol09 wrote: »

This thread has certainly made me feel quite focused.

I got myself into this debt very easily, without even noticing!!! So.... it's ambitious to say I will pay all my debt of by Xmas 2012, but if I work hard I can start to claw my way out of it.

I read somewhere on here that you may want for material things, but do they really bring you happiness? Just because someone else has something....does that make them happy? I'm happy, I accept my debt and have a plan to deal with it. I've got everything I could ever wish for right now and those things I haven't had to pay a penny for!!!

So to keep focussed, today I need to go to the bank. Instead of driving I'm going to walk (save a few pennies and get some exercise!!). Also, I've checked the weather forecast....so put a wash on to get outside before the rain comes later (reduce need to use the tumble dryer!!):T

Look after the pennies etc etc!!

Positive attitude is what this forum is full of! I certainly feel alot better since joining,

HelenPie

Great attitude MalMol09 :T

I'm doing well on my challenge - early home last night and early in today! I'm up to £11.30, but seeing as I am so motivated, I'm taking advantage and going to put my challenge pot to my credit card :cool:

I've been busy creating a whole set of spreadsheets showing:
*monthly income/expenditure: showing all accounts, regular transactions and transfers, and the dates on which they usually happen (sort of like an undated set of statements)
*2012 SoA: all expected income/outgoings, including calculations for the total of those items included in my Frugal Living budget. Space to record actual figures so I can see whether I'm over/under budget each month/on track for the year
*payment plan table for all of my debts: showing amount of payment and expected interest right through to my DFD (October 2012, if I'm a very good girl!). Similar to a snowball calculator. Again with space to record actual figures for comparison and see my % paid off
*PAYD weekly challenges: so I can keep tabs on how much money I owe myself from this board's weekly challenges :rotfl:

:A Feeling very proud of myself :A

I hope you're all having a good day

Helen x

Choc-addict

Hi,

Change of plan, i'm going to attemp to clear all my debt rather than half :eek: :eek: Can you please change my total debt to clear to £29,979.60. Figure best to face this head on and get a grip....who knows what may happen.

Another little overpayment today of £5 to sainsbury CC.....i'm getting addicted :rotfl:

Now....onto my money making plans....hmmmm

psychopathbabble

Once all my payments clear, I've paid off £194.94 today So that is:

£194.94/£6492.82 (3%!) That doesn't sound like much but I have to remember overall I've actually paid over 50% :j

strawberryR

psychopathbabble wrote: »

Once all my payments clear, I've paid off £194.94 today So that is:

£194.94/£6492.82 (3%!) That doesn't sound like much but I have to remember overall I've actually paid over 50% :j

Well done, one payment down. In the past I use to feel awful every time a payment was made but now I feel good as its reducing what I have left!

kerri_dfw

Went to bed at 1.07am woke up at 7.21am....this is much better although not quite the midnight - 8am I had set myself. So I've gone from £10 to £7.20 but the OH is coming to visit and he is old so goes to bed at about 10.30pm... this should mean I get back up to my £10 in no time.... although might also mean I don't want to get out of bed in the morning *snigger*