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The 'extra payment every week' challenge

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  • Naomim
    Naomim Posts: 3,126 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Well Done Mavvy and pleased DH has got a job. :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
  • purplegrape
    purplegrape Posts: 207 Forumite
    £4.47 this week after rounding down my account. Been a bit poorly, so the extra bus money has been put on hold.

    Great payments everyone!
  • Just made my payment for this week a extra £5.24 for this week :)
  • Have managed an extra payment of £5 this week from change taken to the bank.
    MFW 2024 £27500/7500 Mortgage £129,500 Jan 22 Final payment June 38 Now £68489.08 FP May 36 Emergency Fund £20,000 100% Added to ISA 24 £8,060 Save 12k in 24 #31 £20,034.76/20,000 Debt Free 31.07.14
  • I missed a week posting but have carried on payments- altogether these have been £55 over the past couple of weeks. Feels good to see to see the credit card balance going down!!
    Jan 2015- credit card debt £6970.63/ Loan - £7865
    Total- £14835.63 :eek:
    debt free by christmas 2015 #116: £0/ £6970.63
  • Hi Peeps,
    hope we are all doing ok. Managed to get t' ebay money moved for sons gf debt. We heading in the right direction:j.Had a conversation with the bank and they suggested taking out insurance on the account for bits and bobs costing 6.50 a month. this in turn gives a free £300 o/d, so will only for the time be paying interest on £450, this will save £2/4 a month for the time being, then when it gets to the insurance amount will cancel it. sounds like a win win to me:).
    keep this up folks
    This week extra payment
    Total paid
    Total paid 2013 - 1963.83:) Total paid 2014 - 7443.00:j
    Total paid in 2015 - £310
    May'15 o/d 0% 1600. B/C 3060 0% :o Car loan 3632 till June 2016
  • embirch
    embirch Posts: 25 Forumite
    Rounded down my bank account and paid off £4.03 to cc this week total looking good to me. Keep going everyone there are some really good payments out there.
  • Naomim
    Naomim Posts: 3,126 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    No payment this week for me :( If I round down account it will only be £0.44 and I cant be bothered.

    On the upside only need £2 to get my next £20 in £2 coins (other challenge) and that makes an extra payment.

    May see if I can "buy" one off anyone at work.

    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
  • BodieGirl
    BodieGirl Posts: 63 Forumite
    Hey guys

    I read many posts but haven't posted too often. Quick background, managed to pay off a Next debt of £1300 over 2/3 months but income has dropped somewhat since.

    Trying to tackle a credit card debt of £1900 which has hung like an albatross around my neck for the last few years, gradually creeping up and up. The idea is to pay off any spare cash while still paying out for the usual things i.e. to get it paid off without it killing me.

    My favourite is to round down bank account balances i.e. £34.88 take out £30 quid and chuck £4.88 to debt.

    So far this week have managed to pay off three amounts of £4.23, £3.96 and £3.66 although Im hoping to pay off larger chunks in the next few weeks.

    These small payments really do work! Wondering how quickly I can actually do this!

    BodieGirl x x
    DFBXmas 2015 £1933 / £2733

    Barclaycard £800 - Luma £0 - Next £0
  • Naomim
    Naomim Posts: 3,126 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Hi BodieGirl,

    A few of us often round down the bank accounts. I also save £2 then every time I get to £20 I pay it against my own albatross of credit card debt.


    As luck has it I got £4 yesterday in £2 coins so will be able to make my next £20 payment this week.

    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
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