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

Ruthy1604

:T

Ruthy1604 wrote: »

Hi all,

Another little payment made today so my new total is

# 306 £2261.33/16779.81

Hugs to Jakes Mum - hope something turns up for your husband soon.

I'm off to SW tonight after a 2 week "holiday" I haven't actually been anywhere but I got fed up with paying the £5 each week. My mission was to get back to within my target zone so that I can go for free each week. My Wii fit says I am there, but that was early this morning & I seem to weigh heavier at night. Must not eat cake today!

Ruth

Hi all,

Well I lost 2.5lb, so not quite enough to go free. The scales wavered between 2.5 & 3lb lost & settled on the 2.5 :mad: I even took my wedding ring off!!

And I've realised that my total is wrong. It should read
# 306 £2361.33/16779.81

Happy Weekend everyone :beer:
Ruth

jenny.b

£47 paid off the 0% card so

#266 put me down for £47 please ! more to come next week i promise

seriousDFW

#050 reporting weight loss. Lost 7lb this week, which is the first week on diet so my running total as well.

Quick question: As of this month all of my debt is on 0% cards, and so I have decided I would like to start putting extra money into savings (to earn interest but really because I'm less likely to spend on cards if there are balances on there, and to give flexibility in case we decide to get a mortgage sooner than expected).

So can I use my 'net worth' figure (total in savings minus total on credit cards) instead of how much I've paid off my actual debt? Or is that cheating?!

ashleighsalem

£230 paid yesterday and £35 paid today so

#100 3951/5701 69.30%

just need to update sig

kerri_dfw

seriousDFW wrote: »

#050 reporting weight loss. Lost 7lb this week, which is the first week on diet so my running total as well.

Quick question: As of this month all of my debt is on 0% cards, and so I have decided I would like to start putting extra money into savings (to earn interest but really because I'm less likely to spend on cards if there are balances on there, and to give flexibility in case we decide to get a mortgage sooner than expected).

So can I use my 'net worth' figure (total in savings minus total on credit cards) instead of how much I've paid off my actual debt? Or is that cheating?!

Congrats on the weight loss

We all make our own rules, if I were you I'd make sure I cut up the cards to save temptation, and put the savings somewhere that I can't dip into. "stoozing" - earning interest money when cards are 0% is a good idea though as long as you can be strict with it

seriousDFW

kerri_dfw wrote: »

Congrats on the weight loss

We all make our own rules, if I were you I'd make sure I cut up the cards to save temptation, and put the savings somewhere that I can't dip into. "stoozing" - earning interest money when cards are 0% is a good idea though as long as you can be strict with it

Thanks for the advice.

The cards are out of reach and my wife and I are keeping each other on track, in so much as if there's any spending we're questioning whether it's in the budget or not.

The paydays don't come around fast enough!

vw_campervan_mum

choclover wrote: »

Oh dear - even my predictions for what i will pay off each month is greater than the difference in total debt from jan to dec! Apparently I will have a % of 135% in dec! Now i really am confused!

At last - some one with my skills! Thank goodness choclover - I seem to get totals wrong every time. Although you are still better than me cos I gave up on spreadsheets as too confusing :rotfl:

vw_campervan_mum

This has been a very up and down week. Have had sickness bug and as am awaiting a meeting re my absences felt i had to go to work anyway. Today finally feeling better HOORAY! have lost 6 lbs which is good as i have not managed to do any dieting since joining the weight loss challenge
The great news is DS has finally got a fulltime job. He has only found a bit of bar work since giving up university 10 months ago and has not worked at all jan/feb. He now has offer of work in pub 2 mins walk from us (this is amazing as we live in country). He is so chuffed and I think this will make him feel so much better about himself.
Good news for me is that he has agreed £150 rent pm so I can put this on my debts and definitely make the monthly payments i need without selling every stick of furniture :j
I am going to take my house off the market for a while and relax for a bit. We have all been far too stressed for the last year.

Miss_Information

Well, having had a quiet couple of weeks, MSE-wise, I have been doing my finances this morning and I realised I have a DD set up for my CC, so without realising it, I've paid off another £50! Having changed energy supplier I also got back some money as I was in credit, so I've just thrown another £50 at the card, which brings my balance under £2000!! Very pleased with that.

So:

#38 new total: £570 / £2529.33 (22.53%)
have a cheap and cheerful weekend everyone!

x

k30lly

I lost my way!! So now I am back. Will update my new (higher) total and read a few pages to catch up