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Pay off as much as you can in 2012 challenge!

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  • newlifeahead
    newlifeahead Posts: 647 Forumite
    Part of the Furniture Combo Breaker
    Everyone is making a great start so far:j well done.

    I am trying really hard to not spend too much this Christmas. I actually don't wont to spend anything at all:eek: I feel really awful, I have to confess that I can't wait until it is all over. I feel really mean and such a tight ar5e.

    I have made a payment to cheer myself up again £400 to my sister so now I only owe her £200. I am hoping to pay her the rest before the New Year.

    42. newlifeahead -£400/£11,645.30 3.43 %
    Smile loan - £2821.98 / £0:)
    Lloyds CC - £3102.54 / £3071.51
    B'Card - £7615.65 / £7444.30
    Bank of mom - £6000 / £6000
    28/02/17 £ 19,540.17 / £16515.81 05/04/17
  • rachelww1
    rachelww1 Posts: 680 Forumite
    Hi. Can I join in again this year please? Didn't quite make my target on the 2011 thread, but we've had a rough few months as a family, and the debt busting took second fiddle. I'm going to set a more realistic target in 2012, so could I be put down for £14,000. Thanks for running the thread again this year jwil. I'll try to post more often this time.
    LBM Dec 10. Total unsecured debt £41176 :eek: Nov 12 Debt Free Thanks Mum x RIP x

    2013 Savings £250
    2013 OP £3500
  • svb53
    svb53 Posts: 214 Forumite
    Room for one more? The 2011 challenge worked really well for me. I'll aim for £12500 please.
    LBM 27/12/14.
    January Ebay and Amazon aim: £500. £22/£500 January weight loss aim 10lb. 0/10.
    1 debt vs 100 days challenge £22/£500 by 7th April.
    Nsd January aim 20. PAD starting 29/12/14 £2
  • runninglea
    runninglea Posts: 907 Forumite
    Part of the Furniture Combo Breaker
    Hi can I join again - total to pay is £20,285 in 2012

    Made up of £1,405 - tesco
    £900 - Lpool c/card
    £2,100 MBNA
    £6,770 Car
    £610 nationwide

    Therefore £11,785 in debt

    Also aim for £8,500 mortgage overpayments
    Year 2019 (1,700/£17000mortgage repayment)Overall mortgage (71,400/165568) (44
    .1%) (42/100) payments made. Total paid 2019 year £1,700
    Total paid 2017 year £15,300Total paid 2018 year £13,600
  • kavics17
    kavics17 Posts: 2,235 Forumite
    newlifeahead wrote: »
    Everyone is making a great start so far:j well done.

    I am trying really hard to not spend too much this Christmas. I actually don't wont to spend anything at all:eek: I feel really awful, I have to confess that I can't wait until it is all over. I feel really mean and such a tight ar5e.

    I have made a payment to cheer myself up again £400 to my sister so now I only owe her £200. I am hoping to pay her the rest before the New Year.

    42. newlifeahead -£400/£11,645.30 3.43 %


    Oh, I so know how you feel, I'm real tight with money now! Thankfully it's only my brother, OH and me at Xmas time so our food shopping won't be too much. I spent £60 on 10 presents and that's about it.
  • cakelover_2
    cakelover_2 Posts: 210 Forumite
    Hi All

    Please can I join this years challenge with a target of £3762.44

    This is made up of:
    £903.92 - Bank Loan (4 more payments - :j )
    £2708.52 - Credit Card
    £150 - Overdraft

    If I manage to pay it all off, I will be debt free for the first time since I was about 19/20, I am no 27!

    I also want to have lots in savings in 2012 for things I want to save for.

    Good luck everyone!
    £9,000 (Ish) in 2013
    Paid:
    £32.20 / £4492.66 Debt
    £50.00 / £650.00 Holiday
    £00.00 / £4000.00 House
  • michmcc79
    michmcc79 Posts: 78 Forumite
    Good morning all!

    I joined last year and although I continued my payments... I kind of lapsed on the posts! :o

    Pleeeeeeeeease can I have a second chance for 2012...I promise to be an excellent poster and let you know every penny I pay! :D

    I aim to pay £1900 by the end of the year - no more credit card spending!! :A

    I'm going to start in January. Good luck everybody!!!! :T :beer::T:beer:
    Capital One: £[STRIKE]398[/STRIKE] 370 Council Tax: £[STRIKE]1192 [/STRIKE] 225 Rent Arrears: PAID!!!:j Water:£[STRIKE]699[/STRIKE] 539 Kays: PAID!!! :j Vanquis: £450
    £1650/£3337 49% paid :beer:
    Pay as much as you can in 2012 882/1900 #49
  • wannabehermit
    wannabehermit Posts: 645 Forumite
    Morning. My mum gave me some money towards a present we've got for my dad for Christmas. I bought it on the catalogue at 0% for a year so just paid the money onto one of the credit cards instead. So that's another £100 towards it all.

    £116.76/£2000 :j
    Clean credit file:12 mths
    Car loan: FREE! :j
    THE PLAN: 1.Pay off debt £8808.42(£3254.45, £1570.32, £2698.33, £0:dance:, £1000, £285.32) 2.Save monthly for Christmas/insurance etc £150 per month 3.Save for emergencies /£1500 4.Save for our B&B £????depends which one takes our fancy :D
  • jwil
    jwil Posts: 21,932 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Jamtra wrote: »
    Hi

    As you'll see; I'm a newbie - but I'd love to set myself a challenge of reducing my debt by £10,000 in 2012. Hope I'll be able to join in.
    Thanks very much.

    Welcome to the forums and the thread Jamtra! Good luck with the debtbusting :)
    TeamNicholson wrote: »
    Made my first payment overpayment today (just a small one) of £10.81

    No small ones here TeamNicholson :naughty: they all count :)
    gemmack27 wrote: »
    Hi everyone.....in 2012 I aim to pay off £5000

    Heres hoping I can and good luck to everyone else :D

    Welcome gemmack! I'm sure you'll do brilliantly. 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 McGee
  • jwil
    jwil Posts: 21,932 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    rachelww1 wrote: »
    Hi. Can I join in again this year please? Didn't quite make my target on the 2011 thread, but we've had a rough few months as a family, and the debt busting took second fiddle. I'm going to set a more realistic target in 2012, so could I be put down for £14,000. Thanks for running the thread again this year jwil. I'll try to post more often this time.
    svb53 wrote: »
    Room for one more? The 2011 challenge worked really well for me. I'll aim for £12500 please.
    runninglea wrote: »
    Hi can I join again - total to pay is £20,285 in 2012

    Made up of £1,405 - tesco
    £900 - Lpool c/card
    £2,100 MBNA
    £6,770 Car
    £610 nationwide

    Therefore £11,785 in debt

    Also aim for £8,500 mortgage overpayments

    Welcome back guys, it's good to see you all over here :) Here's to a debtbusting 2012 :beer:
    "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 McGee
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