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Pay off as much as you can in 2012 challenge!

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  • cleggie
    cleggie Posts: 2,169 Forumite
    Hi guys, i am still here, but dont have anything to report really. I have less than 2 weeks until payday and will be paying off some debt then, so just a matter of waiting at the moment!
  • jwil
    jwil Posts: 21,953 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hello everyone :wave: and welcome to all the new peeps :)

    Sorry I haven't updated for a few days, will try and catch up tomorrow.
    "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
  • BirdSeed
    BirdSeed Posts: 133 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Hi there
    I've paid £50 to the Barclays overdraft. I've had good news in the form of a tax rebate today of over £500 whooopppeeeee! I will be paying this off my debts as soon as the cheque clears. I will keep you posted.
    Good luck and happy becoming-debt-free!
    Birdseedx

    A vision without a plan is just a dream.
  • Hi

    Watched these forums for about 2 years and finally have found a post that I can join in!

    Thanks for setting this up :)

    Can you please put me down for £7000 paid off my debt in 2012?

    Thanks
    :A
    :TFinally dealing with my debts:T
    1. Pay off as much as you can in 2012 - #70 £390/£7000
    2. Pay One Debt 2012 - #66 0/6 debts £23.50/£740
    3. The 'extra payment every week' challenge - this week £13.50/£23.50 so far!
    :eek: LBM 28/12/11 £18390.37 :eek:
  • Please could you put me down for paying off £1500 in 2012. Thanks!
    Remember, more than money, the most important thing is love. Love is what makes us rich.
  • jwil
    jwil Posts: 21,953 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    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

    Never too late to join Dot, good to have you on board! 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: 21,953 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    MissShoes wrote: »
    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!
    Marru wrote: »
    Hi,

    I fell off the wagon this year. And actually due to being in and out of family court with ex got more into debt due to solicitor's fees.

    I am determined to get a grip now and get the debt going down, not up. I shall come later this week to update my aim after I have got my paperwork/spreadsheets/budget in order.
    Hiya, count me in again for 2012. After a successful 2011 on this thread, starting with circa £33K worth of debt, it works for me.

    Going to do it slightly differently this year as the loan repayments are made automatically and then I save on top to build up to be able to pay the loans off in full as I can't overpay them, so each month's figures will include the overpayment to savings.

    My aim is £17,851 for 2012, starting with the first payments next week which will leave us debt free by the end of the year, and I commit to posting every month (stopped in August this year and noticed the difference as I lost focus)

    Good luck everybody
    !

    Welcome MissShoes, Marru and Kellyjelly, it's great to have you all with us. 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: 21,953 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Please can you add me for £7000, that will cover all but my car loan hopefully!
    Natti_A wrote: »
    Could I be part of this challenge please?! Sounds perfect to me. :D

    I have one signifcant debt currently, a CC bill of £2700, so that is my aim - to clear this by the end of next year.

    Welcome leimichellecat and Natti_A, good to have you both on board. Good luck with the debtbusting :)
    BirdSeed wrote: »
    Hi there
    I've paid £50 to the Barclays overdraft. I've had good news in the form of a tax rebate today of over £500 whooopppeeeee! I will be paying this off my debts as soon as the cheque clears. I will keep you posted.
    Good luck and happy becoming-debt-free!
    Birdseedx

    Great news about the tax rebate Birdseed :T
    "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: 21,953 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi

    Watched these forums for about 2 years and finally have found a post that I can join in!

    Thanks for setting this up :)

    Can you please put me down for £7000 paid off my debt in 2012?

    Thanks
    :A
    Please could you put me down for paying off £1500 in 2012. Thanks!

    Welcome to the challenge LITTLEMISSDEBT and Get rich or try dying, good to have you on board. 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: 21,953 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks for the updates everyone. Payday tomorrow for me, hurrah! I've also just finished an ebay listing marathon so hopefully some more funds over the next few weeks.
    "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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