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Pay off as much as you can in 2012 challenge!

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  • Hi Everyone,

    Well done for all the payments so soon in Jan - everyone seems to be doing really well :beer:

    I've paid another £252 today making a grand total for the month of £950/£10,000 paid :T

    Cheers!!

    Debbie
    HIGHEST DEBT £63,300 LBM 27/5/2020 DEBT FREE DATE 31.08.2022
  • Sazdaz
    Sazdaz Posts: 241 Forumite
    100 Posts
    I am getting so impatient waiting for update letters from companies so that I can start this challenge and start seeing the figure go down, so far we are at £6500 and if we carried on making little payments we would finish clearing it in Dec 2022. However by working out some overpayments we can afford I got that down to Dec 2014, challenge now is to get the final figure and get it cleared by Dec 2012. So hope i can do it.
    APR NSD - 0/10
    Paid off in 2013 so far £125.00
    April Money made - £18.00
  • Number 40 Debtbust reporting again

    Paid £80 to CC so total £575.41/£12,000 :)

    Slowly getting there

    Extra payment a week - this week £28 - total £187.11
    Pay as much as u can 2012-£3,280.89/£12,000
  • jacci45
    jacci45 Posts: 1,636 Forumite
    edited 11 January 2012 at 10:35AM
    Pad 3.00...........PAID 91.42/10000, OWE 16549/31943...

    Happy wednesday all!!
  • Vanquis statement today, shows on top of the extra payments I made a total of £14.19 has been paid off so that brings my total so far to...

    £370.61/£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
  • jwil
    jwil Posts: 21,989 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Paid off CC1 yesterday that makes my new total 84.22. Feels great to have that card paid off and 1 more to go.:j:j

    Well done on clearing a card :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: 21,989 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sazdaz wrote: »
    I am getting so impatient waiting for update letters from companies so that I can start this challenge and start seeing the figure go down, so far we are at £6500 and if we carried on making little payments we would finish clearing it in Dec 2022. However by working out some overpayments we can afford I got that down to Dec 2014, challenge now is to get the final figure and get it cleared by Dec 2012. So hope i can do it.

    Hi Sazdaz, welcome to the challenge! I've added you to the first page with a target of £6500. If you want to change that at all let me know. 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: 21,989 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks for the updates everyone, my paypal money has arrived, so I've paid £50 today.
    "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
  • Hello everyone,

    just joined payment a week challenge and paying £5 to my CC today so my new total is £580.41/£12,000.

    As they say everylitte helps:)
    Extra payment a week - this week £28 - total £187.11
    Pay as much as u can 2012-£3,280.89/£12,000
  • BirdSeed
    BirdSeed Posts: 133 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Hi there

    i've paid another £175 off bills from my tax rebate money. I have paid some of the rest of the money to bills that I have not included in this challenge. If there's any left at the end of next week (hahahaha as if...) then I'll add that to the bills too, but having just moved house I'm paying two lots of utility bills and council tax for the next few months to clear the outstanding balances on the last house. At least this money has enabled me to keep afloat this month and pay off a bit more that I would have been able to without it.

    £302.50/ £4,450

    TTFN

    A vision without a plan is just a dream.
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