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

mf0u1098

sharronej wrote: »

WOW, Haven't been on since the weekend and the pages have literally DOUBLED! Thanks to all those with the dietry advise back on page 20, it's appreciated.

:jWell, I've finally managed it - I've cleared our Bank Loan 13 months early, freeing up over £260 pcm in the process :j Can't believe it stayed intact in the bank over Christmas tbh!

so... I've paid £3205.62 so far this month taking my total to

#93 4010.62/20120.00 19.93%:T:j

That was however my swan song so it'll be back to slow and steady after this month, I'm hoping for £1000 a month off the cards plus maybe a little boost every now and then if I can afford it which means I should beat my target of £15,000.

Don't know when I'll manage to catch up with the posts so hugs to those who need them and congrats to all those who've managed payments....also welcome to all our newbies (of which I'm sure they'll be many)

Well done hun, that's fantastic paying all that off! What an amazing feeling!!! xxx

karenann76

Oooh I forgot I paid £75 off the mortgage arrears too! Whoop!

Machine_2

Ok then guys, I need some advice from you all.

I have just started a new contract for my phone and have now got an iphone 4s. Previous to this I i had the 3gs and sent this off recently to Mazuma and that cash helped me thru december and xmas.

My brother has offered to buy my 4s off me for £500!

Now I love my new phone, but my idea is to sell the phone to him, buy a 2nd hand ihpone 3gs for around £100 and use the rest of the cash to 1. get me thru the rest of this month, 2. pay off more of my debt.

Question is what do I do?

I feel like i should sell it and downgrade to the 3gs as i should be making these sacrifices to become debt free.

Help and your advice needed guys?

Thanks

MFWannabe

Sell the 4s and pay as much as you can off the debts.
When your are debtfree you can buy whatever phone you like out of money that's saved and not credit:)

loubie_lou

Sacrifice the phone and buy yourself a new one when you are debt free!

MFWannabe

Welcome to all the newbies. :T
Wow such a lot of pages to get through in one day, so may posts to read

mf0u1098

gemred_21 wrote: »

Well done Jemma (mf0u1098) I see Martin has put you on the weekly newsletter, as one of the forum threads making a difference to people trying to save money.

I for one I'm so pleased this thread was created and if it wasn't for Jemma I'd probably be still spending on my CC instead I'm paying money off my CC. Thanks for your thread and support Jemma and well done on keeping this thread going.

Thank you for this lovely post gemred :A. Whilst it's nice being in the weekly newsletter, I will be infinitely prouder when we're all skipping over the finish line together, all friends DEBT FREE!!!! I cannot wait hun xxx

DorsetGirl_2

This thread moves so fast

My new total is £942.65/£7,873.87 for #130. Nearly paid off £1k which I am mega happy about, but then on the other hand I keep thinking if I wasnt in debt that could be going in my New House savings account.

Hello to all the new challengers :wave:

xoxo_2

Can I join too please? Total owed £2297.52 :eek: Didn't think it was that much!!

[Deleted User]

karenann76 wrote: »

Signed up for 2 online bingo accounts for me and the OH via topcashback and got a total of £90 cash back (not paid yet). I played with the sign up bonuses and ended up by £75 and have now withdrawn the money and wont go on again! A total of £165 free money! Whoop whoop!

When the money lands I will pay it off the debts!!!!

Wow - well done you! Which did you join?