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Pay off as much as you can in 2012 challenge!

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Comments

  • jacci45
    jacci45 Posts: 1,636 Forumite
    No 36 reporting 8.00 PAD so now owe 2732/31943 and paid 13848/10000 in 2012..happy Sunday all!!
  • No 28 reporting in with another £300
  • jwil
    jwil Posts: 22,051 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    fastdeb wrote: »
    Here's my July total.

    Debt reduced by another £437.93 which means I've cleared all debts apart from the mortgage!!!

    Total debt reduction £11000/£5000.

    I'd now like set a new target so that I can try to reduce my mortgage, which wasn't previously included. May be tough as I still don't really know how much we've got to live on as my former company still haven't returned the form for the mortgage insurance.

    So my current mortgage is £61845.60 and I'd like to reduce it by £2000 in the remainder of 2012.

    So that should make my overall total debt for 2012 £72845.60.
    My new target is £13000

    Let's see how that goes!

    Congratulations on becoming debt free fastdeb :T :T I'll update your target now :)
    sarahs999 wrote: »
    I've had an early scan at 6+2 which was good - strong heartbeat and measuring bang on. Got another one next week when I will be 9 weeks - have had lots of early losses but am now on a special drugs regime which is hopefully going to be the answer for me. Terrified though! Really hope I can see this one through as my seven-year-old DS is super excited already...

    Wow, 10+5 - almost out of the danger zone! Good for you. Is this your first?

    Hope everything goes well for you sarah. I've got my first scan on Friday. Yes, it's my first and I'm terrified as I have no clue about babies :eek:
    kavics17 wrote: »
    Just saw this. HUge, huge congratulations!!! I never had morning sickness but was so so tired I could have fallen asleep walking/standing up.

    And huge congratulations to you Sarah as well!

    Thanks Kavics :)
    "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: 22,051 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Wow was popping on just to update totals, but I see there are a couple of pregnant ladies :T Congrats to Sarah & Jwil :j really happy for you both! I hope the sickness passes soon, I had it with all 3 of mine and was not fun!

    My totals have just taken me half way so am behind really on what we should have paid up to now. Totals so far:

    Debt 3246/6000 (54%) (to be on target should have paid off 4k by now :o oh well suppose it's better than nothing!)

    Thanks for the congratulations dfw321 and everyone :)
    sarahs999 wrote: »
    Well done everyone and thanks for the congrats. Feeling sick as a dog and all I want to do is eat ravioli out of a tin. Nice!

    Hope you feel better soon sarah!
    LAM2011 wrote: »
    hi everyone

    JWIL - please can you increase my target to £10k.

    My balance today is :
    #2 = 7,239 / 7,500

    Yes, no problem, I'll update it.
    "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: 22,051 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sorry for the delayed totalising everyone, just off to update now :)
    "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
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    Welcome back jwil! We've been waiting with baited breath...
  • jwil
    jwil Posts: 22,051 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks Sarah :)

    A quiet month for July so we've not quite made the £300,000 mark, but we should smash it this month.

    Well done everyone


    July - £22,723.46

    Running total: £292,143.35, €600
    "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
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    Well done all. I've got some big payments coming up this month (hopefully) so will be doing my bit for Team Pay Off...

    Don't know about you Jwil but am now desperate to finish paying off so we can start saving for maternity leave. I'm doing lots of number crunching trying to work out how much I need to save to be able to take the full year (I don't actually want to return to my current job but I'll definitely need to do something).

    Hmmm. Mustn't get ahead of myself though. DEbts to pay first and scan tomorrow. Day at a time...
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    Am going to add my £50 mortgage OP for August here before I forget.
  • LunaLady
    LunaLady Posts: 1,625 Forumite
    Brilliant July total - we are a great debt busting team!!
    SPC #1813
    Addicted to collecting Nectar Points!! :D
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