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

mf0u1098

PammyH wrote: »

Hi All

Can I join please? I know I won't be debt free but next Christmas but my aim is to get rid of one my by credit cards (the biggest one!) so that's £6500. I still have a personal loan that I will be paying for 2 more years that I got to pay for my wedding and I STILL have my student overdraft although I am now paying for it!) and another credit card! Scary!
I have started trying to earn a little spare cash over the last week or so that is going towards Christmas presents rather than increasing my debt more but when Jan comes I need to focus on the credit card. At least I don't have a wedding and my hubbies 30th to worry about this year so hopefully I can focus solely on the debt!
Here's hoping that I may be able to start thinking about saving for a house by the end of 2012!!!

x

Welcome to the team PammyH! I'll add your name and amount to the 2nd post. It is really scary when you finally tot up your debt! The main this is that you're dealing with it. Let's get that credit card gone!!! xxx

rosiest

Have been lurking for about 3 years and never posted but want to move and with £12152 to pay need to get rid of that first. I have paid off £2000 this year while being on maternity so doing better than I have been. dont think I can pay it off but would like to at least half so £6000 for me please

shrekkiegirl

hi my debts have mounted up over the years, so i have decided to face up to my problem and tell people and join this challenge. i owe £9230 in total (credit cards, catalogues and store cards) and would really love to be debt free by next year. please add me to your fab challenge..............phew there admitted it now and have to do something about it x

kerri_dfw

Miss_Information wrote: »

- I have just photographed a load of items for ebay (never done it before so not sure how it will go. Bit confused about how much to charge for postage, so going to start slow...
- Have cancelled my gym membership
- £8.09 in my sealed pots so far (only done a week, so not too bad)
- Feeling SUPER positive and so grateful for this website to help keep my focused. Doing things on my own never works! :rotfl:

For postage try these links:
http://web.anglia.ac.uk/estates/downloads/UK_Postal_Prices_11.pdf
http://web.anglia.ac.uk/estates/downloads/Airmail_Prices_A4_11.pdf

I add roughly 30p for an envelope (it's going to cost me £29.99 for 100 plastic envelopes that will fit the stuff in), 20p for paypal fee and then I round to the nearest 50p. So for example... item is 200g in weight, first class post I charge £2.50 that's £1.96 for postage + packaging. No idea how other people do their postage, but this seems reasonable to me. I also have a micropayments account with paypal, so my paypal fee for items under £10 is cheaper, but over £10 it's more expensive than a normal paypal account.

snoopyfan28 wrote: »

hi everyone
im new to the site, this is my first post.

please could you put me on your list for £8000.

have been thinking about this for months, but didnt know where to start. i have a loan for £7500 and £500 to the bank of mam and dad.
iv just started ebaying, an im looking in selling some hand made stuff at local craft/church fairs but not had much luck so far.

Welcome onboard. You've made the biggest step, and we're all here to support and encourage.

mf0u1098 wrote: »

Welcome to the team snoopyfan28! I'll add you to the 2nd post.

If there are any questions or tips/advice then please just ask the group, you'd be surprised at how invaluable some of their ideas are! I joined MSE in 2008 I think but only had my LBM in Oct 11. I joined a lot of the challenges and read A LOT of articles, diaries and posts. Completely immersed myself in MSE but didn't want to wait for January until the 2012 challenges started so decided to start my own to keep my motivation up! xxx

I've become MSE obsessed, I think I have an obsessive personality anyway, but I now can't close the forum =/

I found 1p on the floor by the cash point :T Also Budgens had 2 large rolls for 20p, so cut them in half and that's 4 rolls for my lunch this week... which will be the 6 tins of Baxters 400g soup for £4. Chinese and Budgens each gave my £2 coins, so they're going in my pot. I also checked each of the "reduced" sections in the shop but there was naff all there, booo! I never checked them before, now I don't leave the shop without checking.

mf0u1098

rosiest wrote: »

Have been lurking for about 3 years and never posted but want to move and with £12152 to pay need to get rid of that first. I have paid off £2000 this year while being on maternity so doing better than I have been. dont think I can pay it off but would like to at least half so £6000 for me please

Welcome to the team rosiest! I'll add your name and amount to the 2nd page. I think that was a fantastic amount to pay off whilst on maternity leave so well done!!!:j:j:j

mf0u1098

shrekkiegirl wrote: »

hi my debts have mounted up over the years, so i have decided to face up to my problem and tell people and join this challenge. i owe £9230 in total (credit cards, catalogues and store cards) and would really love to be debt free by next year. please add me to your fab challenge..............phew there admitted it now and have to do something about it x

Welcome to the team, shrekkiegirl. :j The hardest part is admitting your debt to others and more importantly to yourself. You've done the best thing and from now on it gets better, you can make the right choices and choose your new future based on a life without debt. We are all a team and will support you all the way xxx

suzitiger

LOVE the fact that we have lurkers who have never posted before in this thread! Lovely to have the honour of the first ever posts on mse with this thread. Just shows how amazing the idea of this thread is. Well done mf0u!!

loubie_lou

Bad times................My PAYG phone is broked. I have to buy a new one next week! Boooooooooooooooo less to go on the debt total, oh wellsy :mad:

kerri_dfw

oh no Loubie, that reminds me that I need to find out how much my old Nokia will fetch me on one of those sites. Although it's over 2 years old now =/

suzitiger

ohhhhh noooo Louby