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

mf0u1098

snoopyfan28 wrote: »

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.

Well done for your No Spend Day!!! Can't wait to update your payments xxx

kerri_dfw

Just told my OH that some random people I've never met stopped me spending any money today without saying anything to me and he laughed then he said he was very proud hehehe. Now hurry up statements so I can pay something else off

RosaBernicia

Wow this moves fast... what a fabulous lot of motivation you are :j

kerri_dfw wrote: »

I'm going to pay something towards a debt tonight, I'm too annoyed with Lloyds to not spend some money so may as well do it to pay off some debt

Now that's a marvellous plan to fix spending itches. I might try doing that

kerri_dfw wrote: »

We've got a weekly mini-challenge to keep people focused, I let you know what this is at lunchtime on Mondays and it runs from 1am Tuesday - 12:59 the following Tuesday.
This weeks mini-challenge: No buying chocolate or sweets ,put the money towards debt instead

Didn't spot this in time but suspect it would have been a heck of a challenge. However... I have managed not to buy crisps this week so now won't until after Tues as a sort of replacement challenge!

jakes-mum wrote: »

I thought as everyone was offering up their MSE words of wisdom and someone mentioned about emotion shopping, id share mine When im depressed I bake :rotfl: It helps that I love to cook, but seriously if im not very happy I get the scales out and do baking for the family as its basically free as ive got all the stuff and takes my mind off my problems and makes pickable food for the family that keeps THEM away from the co-op chocolate aisle (or in DH's case the petrol station chocolate :eek:)

Biscuits are always a winner as they are just flour, butter and caster sugar which most people have floating around in their cupboards, ive used utterly butterly, I cant believe, real butter . . . pretty much any spread that ive had in the fridge :rotfl:

That's a lovely idea - have been thinking that if I need to be doing something then cooking should be it, as I finally have time to cook from scratch.


Well you have already inspired me to finally start a diary to keep track of things...

and on payday I have made a dent of
£510/£11,195 ... that's 4.6% paid already :j


Rosa xx

dd1981

Morning everyone!

:j:j:j:j:j:j

Today I made my first payment towards my debt! Been waiting for money to come through from paypal/cheques etc so I can pay it towards my debt and the first one came through today so got it paid towards the evilest credit card and my total is....

£47.11/£9,793.81

Am delighted to start seeing my total going up and my debt going down, is so motivating

Hope everybody has a lovely money saving day

DD
x

recurrent-ostrich

How does this work with payments and interest? Obviously if I make a £50 payment to Credit Card A, it's not £50 off my total debt, as some of that £50 gets eaten up with interest?

I think I'm just going to make my payments as normal, and every month update my total once I get my new credit card bills with the revised balance on. Tedious, but accurate, I guess. Does mean I'll have to wait a few weeks after making payments before my new totals show.

sydneybean

hi,
could you please upate my total

£76 / £5592

not very good at working out % sorry (always get confused as to which to divide by which:rotfl:)

sharronej

recurrent-ostrich wrote: »

How does this work with payments and interest? Obviously if I make a £50 payment to Credit Card A, it's not £50 off my total debt, as some of that £50 gets eaten up with interest?

I think I'm just going to make my payments as normal, and every month update my total once I get my new credit card bills with the revised balance on. Tedious, but accurate, I guess. Does mean I'll have to wait a few weeks after making payments before my new totals show.

I think that's a really good idea and it will only be the first month which seems to take longer after that you'll be on an even keal. You could always post your progress as you make it - in normal print and then when you get your statements you can make it official. You're just changing the excitement from the point you make the payment to the point when you receive the official statement!

I'm off for some guilt free Christmas shopping, for the first time ever I've managed to save enough to cover Christmas completely so I can now nip into Costa for a seasonal coffee and cake and just enjoy rather than worry that I've wasted £7 odd :rotfl: (I probably still will though - this money saving gets addictive )

Good luck to everyone for the weekend, it's such a danger zone but stay strong and we'll all feel like :A on Monday :j

shrekkiegirl

roll on monday when i can finally pay a little off my debt and put it on here, great that i feel the need to update as it is spurring me on and i would normally just say sod it i will pay that bill later i need christmas stuff but no i am determined to get even the smallest amount paid off so i can head in the right direction to try and be debt free by this time next year...........x

kerri_dfw

recurrent-ostrich wrote: »

How does this work with payments and interest? Obviously if I make a £50 payment to Credit Card A, it's not £50 off my total debt, as some of that £50 gets eaten up with interest?

I think I'm just going to make my payments as normal, and every month update my total once I get my new credit card bills with the revised balance on. Tedious, but accurate, I guess. Does mean I'll have to wait a few weeks after making payments before my new totals show.

I've taken to making my payment towards my bill, then making another payment to pay the interest. I know roughly what the interest is going to be so don't count making that payment towards my total it's just dead money. Although this month I've paid the c/c in full as had the LBM that I'm paying £25/mnth in dead money.

louisa_84

Today we are spending the day at home meal planning then going to the park instead of our planned trip out to a Christmas market and yankee candle shop for new christmas stuff - i can cope without that right lol Saving approx. £70 going off trips in previous years. May go before christmas is done so the kids can see santa, but usually, weekend after payday is when we go!