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Pay off as much as you can in 2012 challenge!
Comments
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No 36 reporting £5.00 PAD so now owe 3395/31943 and paid 13175/10000 in 2012.
Happy Sunday all!!0 -
N0.61 reporting in...sorry not done for a while..working all hours and trying to put every spare pound towards paying off my debts !
The numbers are now £6672/£10,000Debts at LBM £22,422.12 (Dec '11)
£13,847 (May '12) £6,000 (Jun '12)
CO: £[STRIKE]2,100[/STRIKE],£0 MBNA: £[STRIKE]5,953.55[/STRIKE], £0, BC: [STRIKE]£12,067.99[/STRIKE],£6,000 Mint: £[STRIKE]2,300.58[/STRIKE],£0
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Right, No 125 reporting in and updating below;
125. debtfreeonedaysoon - £3730.31/£15,000Debt Reduction Target for 2012 - Pay off as much as you can in 2012 challenge! £15,177.47 / £15,0000 -
Reporting for duty = £100 to capital one.0
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#98 rounding off the month with a healthier £120 please
vanquis £630/£3019 Robinson way £1207.41/1682.41
hsbc £11749
Declutter 2021 6/52
Pad 2021 £1318.000 -
Hi all,
Number 19 reporting in this months total is £2327.07/£4988.75
Thanks!!2022 Target - Reduce new mortgage balance after house move - Part 1 (Ported) Starting balance £39,982.12 currently £37,242.19 Part 2 Starting Balance £101,997.88 currently £96,197.38 (as at 19/04/2022)0 -
hello
member 7- £1818/ £5978.82
Paid in april- £557
:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j0 -
just paid of this months bills total debt reduction this month £1020.04. stopped paying the extra payments on my mortgage as found a regular saver ISA thats pays 0.23% more interest. may pay a small amount extra this month as celebrated a birthday and the money i was given will treat myself to a DVD and put the rest towards clearing my mortgage
:j
89 £4137.34/£13,500
Practising Scrooge and stingy old miser.0 -
No 36 reporting...7.00 PAD so now owe 3388/31943 and paid 13182/10000.....
Happy Monday all!!0 -
YoungBusinessman wrote: »Well heres me signing in with a tad under £30k to clear, starting from now. Paying £900 minimum payments a month. If i clear £3,600 ish the payments come down to £650. So will be paying off as much as i can this year as was planning on getting on property ladder next year!! Will have to stop thinking about that so much short term and get going elminating all debt first.
Going to put everything iv got into this, eed to come out of this year in a much better position that i am in now if i have any hope of getting on that ladder next year. Need to try and up the ante and take on more work. Is there any benifits of me making myself a limited company or is it staying as sole trader the way to go?
Maybe not the best place to ask but just something i have been looking into tonight.
Welcome to the challenge YoungBusinessman - I've popped your target down as being £30k. If you want to change that then let me know.
I can't help with the business question I'm afraid, but hope all goes well, and good luck with the debtbusting "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee0
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