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

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  • loubie_lou wrote: »
    That's amazing Katie. I hope to win the lotto between now and xmas eve 2012! :rotfl::money::rotfl:

    ETA - i'm back with the rents too :(

    LOL winning the lottery would be amazing! I'm just happy with what i've been given and intend to make the most of it :rotfl:

    It's not easy being back is it?? But I just keep thinking it will be worth it! (I hope!!) ;)

    xxx
  • mf0u1098
    mf0u1098 Posts: 1,595 Forumite
    1,000 Posts Combo Breaker
    Hi everyone!

    When you are wanting to update your totals because you've paid off some of your debt then can you please put the total you have managed to pay off against the original amount of the challenge... like in the post below:

    Sooooo I just paid off what my spreadsheet told me I can definitely afford and will hope to top it up further through the month (doesn't seem too likely this close to xmas but we shall see!!)

    £150/£1550


    If rubywhatashmoo were to pay off a further £200 next week then her to total would read:

    £350/£1550

    This will make it easier to pick up everyone's totals as this thread is very fast moving and I don't want to miss anyone's totals!!!

    If I do, or get something wrong, then please just give me a nudge xxx
    New Debt Journey: Pay off £19,622.91 by 30th April 2015 :T

    Debt at Highest: £43,073 :eek:
  • Thanks mf0u1098 will do it like that next time, also thanks for putting my percentage paid off on the 2nd post, I was trying to work out how to work it out! :T
    Life's little instructions- Treat everyone you meet like you want to be treated..Watch a sunrise at least once a year..Strive for excellence not perfection:j
    £2 SC no.70 £140/£350
    SPC no.73 SPC9 £248 SPC10 target £250
    DFBX12 No. 069 £7719 / £7719 DEBT FREE 30/11/12
    2013 mfw No.4 MORTGAGE FREE 5/8/13
  • mf0u1098
    mf0u1098 Posts: 1,595 Forumite
    1,000 Posts Combo Breaker
    Thanks mf0u1098 will do it like that next time, also thanks for putting my percentage paid off on the 2nd post, I was trying to work out how to work it out! :T

    All you do is put the total you've paid divided by the original debt amount and then multiply that answer by 100:

    e.g. £300/£5070

    Put 300 divided by 5070 in your calculator to get 0.0591715. Now multiply this by 100 to get 5.91715% which is 5.92% rounded to 2 decimal places.

    Hope this helps! :D xxx
    New Debt Journey: Pay off £19,622.91 by 30th April 2015 :T

    Debt at Highest: £43,073 :eek:
  • good luck to everyone taking part :)
  • Always nice to be used as a good example :D

    Best thing about paying some money towards my debts is updating my percentages!! :T
  • 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:

    Mine is £700... I definitely don't have that spare each month! I might have previously on a good month but the tax we pay has changed so I get about £200 less per month now :(
    Became Mrs Scotland 16.01.16 :heart:Became homeowners 26.02.16 :heart:Baby girl arrived 27.10.16 :heart:Baby boy arrived 16.09.2018
  • mf0u1098 wrote: »
    Have you got an answer from the PPI forum yet? I'm intrigued... xxx

    Hi mf0u no answer as yet, been going through the questionnaire for reclaiming, will let you know if and when I hear anything.
    March GC £27.86/£350
  • Kerfuffle
    Kerfuffle Posts: 1,384 Forumite
    Part of the Furniture 1,000 Posts Debt-free and Proud!
    Hi mfOu1098

    Please can I give you a little nudge to bring my debt amount to 12471.68 gbp

    Thank you :) # 65



    (refer post #799)
  • mf0u1098
    mf0u1098 Posts: 1,595 Forumite
    1,000 Posts Combo Breaker
    Kerfuffle wrote: »
    Hi mfOu1098

    Please can I give you a little nudge to bring my debt amount to 12471.68 gbp

    Thank you :) # 65



    (refer post #799)

    Oops... !!! Will do it now for you, sorry hun (I know kerri, that's 10p in the sorry box...!;)) xxx
    New Debt Journey: Pay off £19,622.91 by 30th April 2015 :T

    Debt at Highest: £43,073 :eek:
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