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Pay off as much as you can in 2012 challenge!

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  • A belated happy New Year to you all :beer:

    Looks like everyone is making a great start already.

    £200 paid to my sister so now the family loan is clear.:j

    42. newlifeahead -£600/£11,645.30


    Thanks Jwil
    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
  • Can I add my car finance from last month please, forgot about that. I'm only counting the amount paid off of the original loan, not the total amount paid, so that is another

    £83.19, bringing my total to £351.42/£2000
    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
  • mummy2mygirls
    mummy2mygirls Posts: 2,443 Forumite
    Paid £116 today off a loan so now my total is £328.29/£9000 only £8672 to go.......
    GC: Nov: £60.22/£450 Oct: £338.48/£450, July: £363.05/£450, June £447.98/£500
    £2 savers No68: £104/£100 :j
    :jmummy to: 8yr, 5yr, 3yr, 2yr, 1yr. No6 Due Mar 2013 My world.:j
  • Eltee12
    Eltee12 Posts: 768 Forumite
    Mortgage-free Glee! Debt-free and Proud!
    2 payments toatalling £175

    so

    £175/£4,000

    El
    2018 AFD 23/240
    2018 CCC #11 £38.40/£250
    Mortgage-free since 2013

    Debt-free since Nov 2017
  • jwil
    jwil Posts: 21,959 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Em586 wrote: »
    Gonna join in this one I think and really work at it- can you put me down for 6,000 please?
    kittypimms wrote: »
    Hi all, can you put me down for this one please? Lost focus last year with a job change/ move to the other end of the country!

    Am going to try for £9000 please. (eeep!)

    Welcome Em586 and kittypimms, good to have you on board. Good luck with the debtbusting :)
    A belated happy New Year to you all :beer:

    Looks like everyone is making a great start already.

    £200 paid to my sister so now the family loan is clear.:j

    42. newlifeahead -£600/£11,645.30


    Thanks Jwil

    Well done on clearing the family loan! :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: 21,959 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Just thought I'd let you all know that in the 2011 challenge we paid off a total of:

    £568,054.50 :j:T:j

    Lets see if we can smash that this year.
    "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
    No payments for me yet but am waiting on a huge cheque in from DH's gigs, which will pay off a nice big chunk of the Barclaycard, whose 0% annoyingly runs out in Feb - don't think I'll be able to pay it off by then. But hopefully not too far off. Want to nebver have to do a bank transfer again, but I said that last year and had to do several! Think this really might be it though.
  • Just transferred my Barclaycard balance (0% had just run out) to an AA card so that's added on £34.80 to my debt, however just paid this off my Amex and not counted it for the purpose of the challenge so things stay equal if that makes sense. Lol mind you also put a break to Iceland on there yesterday for me and BF through he owes me for his share and I'll hopefully get my share paid off before I go and it hasn't gone on yet so not counting that either at the minute.

    Toying with the idea of selling my Santander shares to pay off more debt as well at the minute but ust can't decide what to do for the best.
    Debt free and busy treating myself:)

    No more toiletries/make up until I've used what I've got stashed since Jan 2011, graduated October 2012. Restocked Dec 13..damn those sales
  • Hi

    I'd love to join please. We got married at Christmas and are starting married life with just over £20,000 of debt, which is devastating us.

    I'm setting a target of £10,000 to be made in payments which should reduce the overall debt by £9,200 since a lot of it is (thankfully) on 0%.

    So far we've made payments of £678/£10,000 since the 1st January.

    Here's to a DFW year!!

    Thanks for the thread Jwil :beer:

    Debbie
    HIGHEST DEBT £63,300 LBM 27/5/2020 DEBT FREE DATE 31.08.2022
  • 17. mmikailian- £0/£7000

    please change my total from £5000 to £7000


    Dear Jwil as I am yet to be paid from my new job dont ask LOL and they where in such a hurry to get me in!!

    I did not make ant more payments I was hoping last year and with interest etc I owe £7000, which I hope to clear this year

    So I am upping my repayment total and will be back on the 15th for my pay day up date (well payments due that date) thanks again for doing the thread you are a STAR!!!
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