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

Kerfuffle

Thanks mfOu1098,

2 x sorrys

I won't tell if you won't

Pie

Hello,

I'd like to join this challenge please. I've been lurking for ages and tried a few challenges before and not stuck to them. This thread is really inspiring though, so hoping it will be different this time!
Ok, so current debt -
Nationwide personal loan - £5191
Nationwide overdraft - £1200
Post Office credit card - £789

Total - £7180 - this will be nearly £600 a month in repayments, and I currently manage half of that, but I'm determined to clear as much as I can!

Thanks to everyone who started this thread

Katiec950

Pie wrote: »

Hello,

I'd like to join this challenge please. I've been lurking for ages and tried a few challenges before and not stuck to them. This thread is really inspiring though, so hoping it will be different this time!
Ok, so current debt -
Nationwide personal loan - £5191
Nationwide overdraft - £1200
Post Office credit card - £789

Total - £7180 - this will be nearly £600 a month in repayments, and I currently manage half of that, but I'm determined to clear as much as I can!

Thanks to everyone who started this thread

welcome and Good Luck!! :T
xx

mf0u1098

Pie wrote: »

Hello,

I'd like to join this challenge please. I've been lurking for ages and tried a few challenges before and not stuck to them. This thread is really inspiring though, so hoping it will be different this time!
Ok, so current debt -
Nationwide personal loan - £5191
Nationwide overdraft - £1200
Post Office credit card - £789

Total - £7180 - this will be nearly £600 a month in repayments, and I currently manage half of that, but I'm determined to clear as much as I can!

Thanks to everyone who started this thread

A big welcome to you Pie! :j I'm sure we'll be able to help you achieve your goal, I'll add your name and amount to the 2nd post xxx

kerri_dfw

mf0u1098 wrote: »

Oops... !!! Will do it now for you, sorry hun (I know kerri, that's 10p in the sorry box...!;)) xxx

hahahaha I spotted it

You lot were amazing on my shopping trip to Oxford Street on my way home this evening. I was trying stuff I don't need on and thinking "oooh that looks nice", but then you lot were all staring at me, and I didn't want to come on by saying "guess what I've bought loads of stuff I don't need this evening" so I put it all back on the shelves in each of the shops. Even the £4 haberdashy poppers went back :rotfl: I just didn't want to have to come and apologise for slipping.

:T:T:TThanks you lot, that saved me about £60 that I don't have. Whoop whoop :T:T:T

Welcome new people. *waves* don't forget the mini challenge this week is to not buy choc or crisps. I have a really good mini challenge for you all from Tuesday next week It should be obtainable and rewarding for all of you.

sharronej

Hi all,

I've been reading the thread and have been quite undecided as to whether or not I could join....I've decided to go for it (if that's ok?)even if I can't manage all of our debt at least this will be a focus and will hopefully keep me on track, so here we go.

£2999 Bank Loan aiming to pay off in January
£477 Isme Catalogue aiming for January/February
£872 CC 1 23% apr aiming to pay off in February
£6000 CC 2 0% (22 months)
£10,372 CC 0% (16 months)

plus £400 on a supposedly buy now pay later with Very yet they seem to be charging me £3.95 a month for something - so that may jump up the list of priorities once I get some answers this weekend :mad:

That leaves me with a total of :eek:
£21,120.00

Which is horrific however we started with LBM of £27110 + which means we've paid off 22% and if I can stay on target it also means that all our debt will be on 0% so every penny will be maximised. Minimum payments will clear £2905 and by February I hope to have cleared £4348 which should hopefully mean an absolute minimum overall payment of £7253 still seems an awful lot of debt to clear in twelve months though especially if I want to stay sane. I suspect I'll be spending a lot of time on here!

So in true Scout Leader fashion I will promise to do my best! :rotfl:

Katiec950

sharronej wrote: »

Hi all,

I've been reading the thread and have been quite undecided as to whether or not I could join....I've decided to go for it (if that's ok?)even if I can't manage all of our debt at least this will be a focus and will hopefully keep me on track, so here we go.

£2999 Bank Loan aiming to pay off in January
£477 Isme Catalogue aiming for January/February
£872 CC 1 23% apr aiming to pay off in February
£6000 CC 2 0% (22 months)
£10,372 CC 0% (16 months)

plus £400 on a supposedly buy now pay later with Very yet they seem to be charging me £3.95 a month for something - so that may jump up the list of priorities once I get some answers this weekend :mad:

That leaves me with a total of :eek:
£21,120.00

Which is horrific however we started with LBM of £27110 + which means we've paid off 22% and if I can stay on target it also means that all our debt will be on 0% so every penny will be maximised. Minimum payments will clear £2905 and by February I hope to have cleared £4348 which should hopefully mean an absolute minimum overall payment of £7253 still seems an awful lot of debt to clear in twelve months though especially if I want to stay sane. I suspect I'll be spending a lot of time on here!

So in true Scout Leader fashion I will promise to do my best! :rotfl:

Welcome and Good Luck!!! :T
xx

mf0u1098

kerri_dfw wrote: »

hahahaha I spotted it

You lot were amazing on my shopping trip to Oxford Street on my way home this evening. I was trying stuff I don't need on and thinking "oooh that looks nice", but then you lot were all staring at me, and I didn't want to come on by saying "guess what I've bought loads of stuff I don't need this evening" so I put it all back on the shelves in each of the shops. Even the £4 haberdashy poppers went back :rotfl: I just didn't want to have to come and apologise for slipping.

:T:T:TThanks you lot, that saved me about £60 that I don't have. Whoop whoop :T:T:T

Welcome new people. *waves* don't forget the mini challenge this week is to not buy choc or crisps. I have a really good mini challenge for you all from Tuesday next week It should be obtainable and rewarding for all of you.

I knew you would...;)

Well done for not buying all those items Kerri, VERY proud of you!!!

I'm really intrigued by the next mini challenge... can't wait! xxx

snoopyfan28

Just wanted to say hi, hope every one having a good day

Not done any money making today but not spent any money, so its still good. Just waiting for payday now so I can start making some payments, and listing loads of stuff on ebay tomorow.

mf0u1098

sharronej wrote: »

Hi all,

I've been reading the thread and have been quite undecided as to whether or not I could join....I've decided to go for it (if that's ok?)even if I can't manage all of our debt at least this will be a focus and will hopefully keep me on track, so here we go.

£2999 Bank Loan aiming to pay off in January
£477 Isme Catalogue aiming for January/February
£872 CC 1 23% apr aiming to pay off in February
£6000 CC 2 0% (22 months)
£10,372 CC 0% (16 months)

plus £400 on a supposedly buy now pay later with Very yet they seem to be charging me £3.95 a month for something - so that may jump up the list of priorities once I get some answers this weekend :mad:

That leaves me with a total of :eek:
£21,120.00

Which is horrific however we started with LBM of £27110 + which means we've paid off 22% and if I can stay on target it also means that all our debt will be on 0% so every penny will be maximised. Minimum payments will clear £2905 and by February I hope to have cleared £4348 which should hopefully mean an absolute minimum overall payment of £7253 still seems an awful lot of debt to clear in twelve months though especially if I want to stay sane. I suspect I'll be spending a lot of time on here!

So in true Scout Leader fashion I will promise to do my best! :rotfl:

Glad to have you on the team sharronej! :j I'll add your name and amount to the 2nd post.

I think you've done a fabulous job paying off 22% already and I know you can do this! xxx