Pay off as much as you can in 2012 challenge!

jacci45

PAD 12.56......................now owe 15525/31943 and paid 1055/10000.....

Enjoy your sunday evening all!!

lynnsey30

#98 here £105 paid off various today :T

jwil

£421.17 paid here today

jacci45

PAD 8.00.....now owe 15517/31943 and paid 1063/10000.....

Happy Monday all!!

sarahs999

£40 to Cap 1

misselvis

Hello good peeps

Feb's payments was £654 so the running total is £1229/ 10k we are getting there- baby steps and with everything going on its seems so much harder to survive but keep on reviewing my budget, reading your guy's posts and keeping my eye of my debt management and saving plan. ;)

sarahs999

OK, now I am starting to see the light at the end of the tunnel debt-wise (really thought that day would never come) I find myself more inspired to mini-challenges. So this month I'm going to try and be under 2k owing. That means I have to find another £700 or so. Better get ebaying I guess!

I was looking at my sig and realised that my orignal amount (£13k or so) that I've posted is woefully underrepresenting what we've actually paid off. When I posted that in my sig I'd already been paying stuff off; also I was a but afraid to add in things like our overdrafts, whcih we've now paid off except DH's, which he's paying off separately off a 0% card). That would have added another £2700, and plys another £3300 if you'd included his (his is under 2k now; when all our other debts have gone I'll add that to the challenge and try to wipe it out by the end of the year.) Just wish I'd had the guts to add it all up at the time; would have been much more satisfying now!

jwil

Samjangi wrote: »

Yay another £92 paid.:T
I need to crack Ebay, have a lot of clutter. Feel quite nervous about it! Any tips?:o
Well done everyone on payments, I feel really inspired!!

Ebay can be intimidating but it's good once you get the hang of it.

Try selling a couple of low value items first so you can see how it all works. Always work out your postage first - just use a set of kitchen scales, weigh the item and any packaging, and you can get the price from the Royal Mail website. (The same applies if you are prepared to sell abroad).

Always get proof of posting if your item is less than £46 and you can claim from RM in the event your item goes missing in the post. If it's worth more than £46, you need to look for a tracked/insured service.

Set up your seller preferences (My ebay, seller account...) to block people with 2 unpaid strikes, countries you don't wish to post to and any of the other options you want - this will help reduce the likelihood of problems.

Good luck!

elsdonp wrote: »

I've cleared £80000 of a total debt of £110000, since May 2009 I aim to clear a further £24000 in the remaining 10 months of 2012 and be totally debt free by April 2013.:beer:

Well done! Welcome to the challenge elsdonp and good luck with the debtbusting

Twiggy_34 wrote: »

Great totals everyone, well done! Jwil, out of curiosity, how do these figures compare to 2011?

Can I also check in with updated figures having received my march statements? I've paid off £120 so far this month.

No 103. £1137/£3566

And finally, I realise this must be a lot of work for you to keep updating everyone's figures. Do you mind how frequently we post updates, or would you prefer us to hold back and lump them together a bit more to save you some work?

It's lower than last year, but as Sarah said, we had a lot of people last year sign up and never update again. We haven't had that so much this year. I think the other thread has caused a bit of confusion as some people have posted on here it looks by mistake, so I think that will account for some of our non-updaters and I may bump them off the list if we don't hear from them.

I don't mind how often everyone updates, it's quite nice when it's frequent as it helps motivate me (and I'm sure others) to see if I can find a little bit more.

I can be a bit lax in updating sometimes though (particularly at weekends), so a general rule for me is that if I haven't 'thanked' a post, it means I haven't updated it. Plus I generally pop in a random post saying 'thanks for updates' to use this as a marker for when I last updated as well. So if I don't get back to anyone for a couple of days, I will get there

Marvin6418

108. Marvin6418 - £0/£9350

Paid my first bit off this month, still have a long way to go but very happy I have made some progress. £210.


£210/£9350

jwil

yorpington wrote: »

Hi! Am I too late to join?

I have a goal to pay off £8500 in 2012. I have paid off £3400 so far this year :T

Congrats to everyone else on their progress!

Welcome to the challenge yorpington You've made a great start :T Good luck with the debtbusting

sarahs999 wrote: »

OK, now I am starting to see the light at the end of the tunnel debt-wise (really thought that day would never come) I find myself more inspired to mini-challenges. So this month I'm going to try and be under 2k owing. That means I have to find another £700 or so. Better get ebaying I guess!

I was looking at my sig and realised that my orignal amount (£13k or so) that I've posted is woefully underrepresenting what we've actually paid off. When I posted that in my sig I'd already been paying stuff off; also I was a but afraid to add in things like our overdrafts, whcih we've now paid off except DH's, which he's paying off separately off a 0% card). That would have added another £2700, and plys another £3300 if you'd included his (his is under 2k now; when all our other debts have gone I'll add that to the challenge and try to wipe it out by the end of the year.) Just wish I'd had the guts to add it all up at the time; would have been much more satisfying now!

You're getting close now Sarah :T :T

One reason that I decided to count all payments made this year, rather than just debt reduced was because I wanted to see just how much I am spending servicing debt, as the total paid is going to be much more than the total paid off, due to interest.

DDFW started a little mini challenge this month too, and we are aiming to clear various amounts, so I'll certainly cheer you on. I'm aiming to clear £1k, so am ebaying away and trying to get in some extra too.