📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

The 'extra payment every week' challenge

Options
12728303233101

Comments

  • mswan
    mswan Posts: 433 Forumite
    Part of the Furniture Combo Breaker
    Inamin hope you are ok virtual hugs to you

    What a fab total. A pat on the back for all of us, it just goes to show how these small extra payments can add up
  • Another £5 paid off this week, you are right, it does get strangely addictive - very satisfying to see the total drop - even if it is only by small amounts!
  • Naomim
    Naomim Posts: 3,126 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Hi Everyone,

    Bit of a double whammy this week for me as I am member of the £2 savers pot but every £20 I acheive is being paid against the debt. Got to £20 yesterday to today it will be paid off against the nasty old CC.

    Inamin Thanks for adding up the total. I hope your MIL makes a speedy recovery.

    £10k :eek: WOW Huge pat on the back everyone :T

    Naomi x
    Credit Cards NOV 2019 £33,220.42 Sept 2023 £19,951.00 Tilly Tidy 20223/COLOR] Sept £43.71 Here's my diary: A Ditherer's Diary Again
  • Naomim
    Naomim Posts: 3,126 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Adding another £2.83 to my payment. Was just in my bank account and thought I may as well round it down :D

    Off to update my sig.

    Naomi x
    Credit Cards NOV 2019 £33,220.42 Sept 2023 £19,951.00 Tilly Tidy 20223/COLOR] Sept £43.71 Here's my diary: A Ditherer's Diary Again
  • 10 grand wow wee thats amazing! Well done everyone, thats a boost knowing that there's less money (in interest) going into the wrong pockets.

    Inamin hope everything gets better for you soon.

    Have just paid £13.98 to cc with the added bonus of it being the last amount in my crappy alliance and leicester acc so now i can close it (well on the 17th to make sure wages goes into different acc)

    Off to update siggy
    Littlewoods £10 Very BNPL £234.42
    My total debt is [STRIKE]£7242.32[/STRIKE]£244.42
    Extra payment a week: This week: £
    Total to date: £1279.29 not incl this week
    #33 NOvember challenge
  • I've just paid an extra £25 off my CC's with the payment from recycling my old phone. (I've kept the other £3 towards the £25 annual membership of my local swimming pool, as it saves me £1 every visit and I go once or twice a week).
    Debt Free Date: November 2017
  • scotmumof3
    scotmumof3 Posts: 1,951 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Inanmin hope your MIL is on the mend and thanks so much for your HUGE task of adding our totals:)
    £8.86 paid off cc for me today:j
    Debt free as of 29.10.2020 🎉😁
    SPC #73 Feb NSD 0/20
  • embirch
    embirch Posts: 25 Forumite
    Wow what a total so far well done everyone.

    I have rounded my bank account down this week to the nearest £10.00 so paid off £5.77. Total so far £70.15 can't believe it and I only started 4 weeks ago.
  • Two large payments this week as I got paid today from my 2nd job, normally the money would be used to tide me over until payday from my main job, but i've been watching what I spend from my main wages this month and will be using the second job money to make extra payments instead! So £117 which has now cleared my Next account completely - I can close it! Hurrah!! And then £122.91 onto Hubby's credit card leaving me £50 for our holiday savings (not included in my total). Keep going everyone!
    Nov NSD: 8/7 Dec NSD: 1/10
    Sealed pot member #1443 2011: £106. 2012: £171
    Ninjakat challenge: Aim to clear two debts by April 2013
    100 day challenge: No toiletries or magazines 19/100 (3 x fails :()
    Extra payment a week challenge: Total to date: £2355.53
  • flev
    flev Posts: 27 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    This week's payment is another £35.11 off the credit card, taking me to £112.60. It's starting to feel like I'm getting somewhere :)
    Make £2025 in 2025 challenge #21
    Total so far: £80.00/£2025 (4%)
    Matched betting: £50.56
    Prolific: £29.44
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.