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Pay off as much as you can in 2012 challenge!

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  • Nothing to report here thanks to Natwest. I look forward to Fridays to pay the debts, but although I've got money to cover everything that would usually go out today it won't leave me wit enough for the weekends direct debits. Hopefully it will be fixed and the money will be in some point today as I'm champing at the bit to get things paid. But looking at the thread about it I think today will be unlikely.
    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
  • jacci45
    jacci45 Posts: 1,636 Forumite
    No 36 reporting 3.00 PAD, now owe 2906/31943 and paid 13670/10000 in 2012.Thats it for a while now so take care all!!
  • archery
    archery Posts: 238 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Happy Friday everyone

    another week of living out of the cupboards and freezers (week 7) still got stacks of food so should be able to keep this up for some time to come. also closed a savings account which only had £2.02 in and was not earning me any interest. so going to pay this off my mortgage

    so made a top up payment on my mortgage today of £22.02

    payday next wednesday so will be paying my bills on my computer this weekend and hope to break 50% of my total target as we are on month 6


    new totals below


    number 89
    archery -£5593.51/£13,500


    Practising Scrooge and stingy old miser.
  • archery wrote: »
    Happy Friday everyone

    another week of living out of the cupboards and freezers (week 7) still got stacks of food so should be able to keep this up for some time to come. also closed a savings account which only had £2.02 in and was not earning me any interest. so going to pay this off my mortgage

    so made a top up payment on my mortgage today of £22.02

    payday next wednesday so will be paying my bills on my computer this weekend and hope to break 50% of my total target as we are on month 6


    new totals below


    number 89
    archery -£5593.51/£13,500



    How big are your cupboards?;).
    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
  • archery
    archery Posts: 238 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    How big are your cupboards?;).

    being a batchelor in a 3 bedroom house - stacks of storage, infact the food is even stored in the garage and two freezers. i reckon i can last at least another 2 months, which will help with my debt reduction :j
    Practising Scrooge and stingy old miser.
  • archery
    archery Posts: 238 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Payday next wednesday :j, so have paid my bills on my computer

    total debt reduction of £1097.94 which includes an extra payment of £46.80 - used my car to go to a work training course and got a mileage allowance, used this to reduce my debt.


    new totals below

    not made 50%of target even though on month six. But with extra payments being made each week i dont do food shopping, i hope to still make that target before next pay day.

    this thread is so insperational - thankyou


    number 89
    archery -£6691.45/£13,500
    Practising Scrooge and stingy old miser.
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    Blimey, you're not far off halfway Archery! Give yourself a pat on the back!
  • kavics17
    kavics17 Posts: 2,235 Forumite
    Long time no see but here I am again. I managed to make £1200 overpayment on Lloyds and £310 regular payment on Sainsburys.

    Current total running:

    24. kavics17 - £15,090/£30,000
  • archery
    archery Posts: 238 Forumite
    Part of the Furniture 100 Posts Combo Breaker

    closed another small savings account today had £1 with the AA again not earning me anything, also had £10.55 in an online gaming site that i had won from free games they send me, so withdrew £10 of this and paid another £11.00 of my mortgage today.



    number 89
    archery -£6702.45/£13,500
    Practising Scrooge and stingy old miser.
  • £50 for me today from DD's dig money and my cleaning job so now at £3,696.53/£10,000. Nowhere near where I wanted to be by now but hey ho life has just got in my way. Still managing to keep to my snowball targets though so DFD still May 2014 :D
    5 Year plan. April 2020 to June 2025- CC and mortgage free by time I'm 60
    Currently CC £23,674.36 /£14,895.41/£14315.42
    Mortgage £28,214.65/ £26,254.71/ £25,746.43
    By end 2020 I want CC at £ 19,000.00.
    By end 2021 I want CC at £10,000.00
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