Pay off as much as you can in 2012 challenge!

wannabehermit

Hi having just been going through my bank statements for the month there was an £80 payment that I'd forgotten about, plus I had the statement for CC1 yesterday, which had £11.53 of the total cleared, so that brings my new total to...

£268.23/£2000

Wow! Over 10% of my target already. Sadly, this snowballing won't be continuing

jwil

deep_in wrote: »

5000 target pleasetime to start again i am aiming to pay all my debt off of 3320 and get a bit of savings so would like to join please

Welcome to the challenge deep in, good luck with the debtbusting and saving - how great that would be to be debt free and with savings this time next year

FrankieM wrote: »

I finally deposited my cheque today so another £30 paid off for me today...I think that's going to be it now until after the New Year.

jwil It won't be like that every month but you've got to strike while the iron's hot and throw money at it while you've got it. I'd definitely just be frittering it away otherwise. What date do you want my updated total? Also, do you want the updated total or the amount I've paid off?

If you pop on your total paid off, and I can add that to the front page. You can do it whenever you want to, what I do is count any posts made up to midnight of the last day of the month as being in that month, and any after as in the following month. So if you want your total included in a December total, make sure you post it by midnight on 31st Dec. Does that make sense?

Last year I paid a large amount in december too, and then it was smaller through the rest of the year. It was the same for a few people I think.

gemmack27 wrote: »

Paid £60 off yesterday....thats me off to a great start

Happy Christmas everyone

Great start gemmack, and Happy Christmas to you too :xmastree:

euronorris

Morning All.

My Euro's reached the UK already and turned into pounds! (It's been very quick lately - unusually so, but I'm not complaining!)

Anyway, this means that a payment of 46.76 GBP was made to the overdraft. Now, although I've paid that, I only want to count the net effect after interest/charges have been taken into account as I am aiming to clear ALL of my remaining debt this year. So, for that reason, my new total stands as:

16.76/5337.19 GBP

I probably won't have anything more to add now until after new year's as I have to wait for the loan payment to be collected which isn't due until 3rd (I think). So, with that, I wish you all a very merry Xmas and a Happy Debtbusting New Year!

xx

FrankieM

Thanks jwil I'm going to call it for December then because I can't see any more money coming in from anywhere between now and New Year's Eve.

So could you put me down for 1583.61 paid off for this month.

cutestkids

£25.00 paid to various bits today so the running total for me is £245.71/£5000

gemmack27

Another £50 today

Hopefully will keep this up

jwil

:xmassign:Happy Christmas everyone - here's to a debtbusting new year :xmastree:

kavics17

£1200 for me today, Xmas bonus plus a bit extra dully paid towards the loans.

24. kavics17 - £2820.57/£30,000

dealwithdebtdot

Is it too late to join? It would be great to be on a journey with others. Lovely challenge. I think I will aim for £2,500 and hopefully a bit more. But I think that figure is defo doable, and not wanting to set myself up to fail.

Thanks jwil for the thread, hope you don't mind my late arrival.

Dot

MissShoes

oops I thought I'd already posted here to say I'd like to join- maybe I didn't click on post reply- not a great start!

I WILL clear £7124 in 2012, hopefully in the first 7 months but we shall see!