The "Pay ALL your debt off by Xmas 2012" challenge - PART 2!!!

floridafairy

I submitted hubbys tax return last thursday online and we have recieved a lovely rebte today!! It usually takes months so i'm in shock! LOL

So i have made another dent in the debt (the old me would have been looking at holidays right now and i must admit it did cross my mind )

#112 £3548/£11,241

HelenPie

Quick question about the bingo - if you get the 200% bonus, do you have to spend it or can you just withdraw? (I see that you have to spend the £10 deposit to get cashback but not sure about the bonus, IYSWIM)

Thanks x

kerri_dfw

Hi HelenPie,
I had to stake my £10, then stake the £20 bonus. I didn't do the bingo because only 3 people win, instead I did small 10p-20p stakes on the slots/scratchcards. This way I maximised my probability of winning even if the winning amount was low.

Called Lloyds this morning and they said that they have frozen my interest, the interest I paid was for before the payment plan was setup, so that's ok then.

Had another payment come through from fleabay for £3.19, so another small update from me. I've managed about £70 odd from fleabay this month now, it all adds up so keep listing everyone

#005 £1714.48/£5030

eddi

HelenPie wrote: »

Quick question about the bingo - if you get the 200% bonus, do you have to spend it or can you just withdraw? (I see that you have to spend the £10 deposit to get cashback but not sure about the bonus, IYSWIM)

Thanks x

As soon as I'd spent my initial tenner my balance bumped up again by £20 but you have to spend it, it won't let you withdraw it (I tried )

EDIT: I just did good old fashioned bingo... I wouldn't have had a clue doing slots & scratchcards lol You did do very well kerri .. hurray!

natlie

Hiya
I havent been on here for a while
I have to confess that I have been having some money problems I am on maternity leave and I have been on £900 a month since Oct, OH is unemployed due to sick and his benefits were stopped in Dec and we are appealing. I have therefore with 3 kids to look after had to spend a bit of what I had paid off I am updating my total to

NATLIE 023 £756/9800

bit sad but glad it wasnt more - been selling on ebay to help us, I am back to work on the 20th and on annual leave from the 6th so get full pay this month and loan payment is going out on the 9th so will catch up soon

on more positive note have lost baby weight plus 4 lbs more now 10 st 3 not to bad as Im 5 ft 10 but would like to get to 9 st something as I carry weight on my tummy

kerri_dfw

eddi wrote: »

As soon as I'd spent my initial tenner my balance bumped up again by £20 but you have to spend it, it won't let you withdraw it (I tried )

EDIT: I just did good old fashioned bingo... I wouldn't have had a clue doing slots & scratchcards lol You did do very well kerri .. hurray!

Thanks Eddi, I just kept track of what I had won and when it got down to my stake + winnings I withdrew as I knew I'd spent all the bonus

natlie wrote: »

Hiya
I havent been on here for a while
I have to confess that I have been having some money problems I am on maternity leave and I have been on £900 a month since Oct, OH is unemployed due to sick and his benefits were stopped in Dec and we are appealing. I have therefore with 3 kids to look after had to spend a bit of what I had paid off I am updating my total to

NATLIE 023 £756/9800

bit sad but glad it wasnt more - been selling on ebay to help us, I am back to work on the 20th and on annual leave from the 6th so get full pay this month and loan payment is going out on the 9th so will catch up soon

on more positive note have lost baby weight plus 4 lbs more now 10 st 3 not to bad as Im 5 ft 10 but would like to get to 9 st something as I carry weight on my tummy

Sorry to hear that Natlie, but don't be disheartened life happens afterall
Well done on losing the baby weight, I'm sure all your female friends are envious of it dropping off so quickly and well done on fleabay too.

SeduLOUs

Sorry I've not updated for a while. I get paid monthly so tend to make my payments in a chunk rather than in dribs and drabs. I have however just paid off a nice chunk and am now at:

#211 £951.43/£3,950.00 24.09%

which brings my total debt under the £3k mark

antonia1

Arg! I don't know what to do! I have been a member of a wine club for about two years, paying in £20 per month. The idea was that the £20 would be all I spent on wine. But that never actually happens, so I keep putting in the £20 and buying extra as well. Then when I get a box delivered I drink it much more quickly cos it is so easy to just open another bottle when you have one in, rather than go all the way to the shops. In addition, the bottles of wine work out at an average £6 per bottle - I know I can I can get decent bottles for less than that at the supermarkets. Not entirely sure why I'm keeping the account open, especially when there is £45 in the account right now that could be used to pay towards debts.

I think I just need some reassurance that keeping the account open is just silly!

kerri_dfw

antonia1 wrote: »

Arg! I don't know what to do! I have been a member of a wine club for about two years, paying in £20 per month. The idea was that the £20 would be all I spent on wine. But that never actually happens, so I keep putting in the £20 and buying extra as well. Then when I get a box delivered I drink it much more quickly cos it is so easy to just open another bottle when you have one in, rather than go all the way to the shops. In addition, the bottles of wine work out at an average £6 per bottle - I know I can I can get decent bottles for less than that at the supermarkets. Not entirely sure why I'm keeping the account open, especially when there is £45 in the account right now that could be used to pay towards debts.

I think I just need some reassurance that keeping the account open is just silly!

You don't need us to tell you, I think you've already decided for yourself close the account and use the money to get debt free quicker. You can always start up with it again when you're debt free.

antonia1

Okay, I was very brave and have cancelled the wine account! I'm going to keep £5 of the refund to buy myself a bottle from the normal shops, and pay the remaining £40 to my overdraft, taking me over the £1000 paid mark:j:j:j:j

011 antonia1 £1035 / £3,895 26.57%

I really can't believe how much I've paid off in such a short space of time, and want to say thanks to everyone on here for helping to keep me motivated :T.

Next, to ebay to learn about selling (never done it before).