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

mf0u1098

lemonpopsicle wrote: »

Payday today so I've made my regular payments to CC debt. Unfortunately the 0% on Virg cc has ended this month, seeing interest of £60 a month disappearing into V's coffers is a big wake up call :eek:
It's apparently a free listing weekend on Fleabay, so I'll be listing as much stuff as poss. and putting it towards the total.

So paid off £247.96


Thanks mf0u1098 for starting and maintaining this thread, it's fab x

You're very welcome! I think it's fab too

That's a great amount to have paid off so will update your total now xxx

psychopathbabble

glasgos wrote: »

Hiya,

can you point me in the direction of the calculator you used?

Thanks

(http://www.whatsthecost.com/snowball.aspx?country=uk)

louisa_84

I have just used that calculator, thank you for the link x

And have now realised i need to find £400 a month to pay everything off by Christmas 2012. Eeeeeeeeeeeeeeeeeks!!! :eek::eek::eek::eek:

mf0u1098

strawberryR wrote: »

Can I ask for peoples opinions, spoke to my bank re loan I have with them, found out that I have PPI on the loan and wanted to see if I could cancel to reduce the payment, the lady at the bank called someone and stated that in order to cancel I would have to reapply for the loan and this may increase the payments??? Very confused and unsure where to post this. I hope someone can point me in the right direction, been reading MSE details about complaining re PPI.

Have you got an answer from the PPI forum yet? I'm intrigued... xxx

samjl

Is it too late to join???

I've got a not very healthy £16,400 to get rid of .... well ok probably wont manage all of it but would like to get rid of as much as possible!

What do I need to do to join?:D

loubie_lou

louisa_84 wrote: »

I have just used that calculator, thank you for the link x

And have now realised i need to find £400 a month to pay everything off by Christmas 2012. Eeeeeeeeeeeeeeeeeks!!! :eek::eek::eek::eek:

I need to find £1000 :eek::eek::eek::eek:

InsertWittyName

I need to find an extra £479.29 per month above the £620.71 I already pay, total of £1,100 per month!

mf0u1098

samjl wrote: »

Is it too late to join???

I've got a not very healthy £16,400 to get rid of .... well ok probably wont manage all of it but would like to get rid of as much as possible!

What do I need to do to join?:D

You just did! Welcome to the team, I'll put your name and amount onto the 2nd post xxx

mf0u1098

InsertWittyName wrote: »

I need to find an extra £479.29 per month above the £620.71 I already pay, total of £1,100 per month!

Me too...:eek:

Luckily I get a Christmas bonus next week so a chunk will be paid off but it's still going to be tough which is why I'm trying to sell as much as possible on fleabay, asking for coins for xmas/birthday pressies to go in my sealed pot, trying to get as many NSD's as poss...

We'll do it, no amount of chocolate or clothes or whatever vice we have is worth not becoming debt free for Christmas 2012!!!!!!

louisa_84

Its quite scary when you see the realistic figure isnt it??! Im currently concentrating on our grocery shopping, i spend *cough* £170 *cough cough* a WEEK on food shopping, plus around £50 a month at the butchers, for 2 adults, 3 children [8, 5, 3] 2 cats and a rabbit. I really should be able to cut this back to cover a good chunk what i need, atm i spend £150 on the debts.