The "Pay ALL your debt off by Xmas 2012" challenge - PART 3!!!

SpagBol

recurrent-ostrich wrote: »

Busy weekend. Still, back to the grind tomorrow. Start week 3 of my 10 week final placement tomorrow, have a job application to complete this week, so still busy, busy, busy. Am not updating my total until the end of the month when all the statements are in and loan payment had gone out, but am now sub £40K. :j Should also hit 50% of my £10K before Christmas this month too. Am really pleased that , for the first time in 10 years, our debt is going down and not up. And that is thanks to you lot, each and every one of you has been so supportive.

So: :beer:

Fantastic :j:j:j

Well done to everyone, quick update from me:

#084 £10377/£58000

Still slow going for us but expecting a good month in August

Mrs_Addicted_to_Spending

mrsyallop wrote: »

Well, my car has been written off by the floods up here!
The insurance company is paying out but I will have to spend more money to buy a new car. Very annoying as I just got this one in October.
Not sure how far behind I will be and I am not sure I will be able to clear everything by Christmas now which is a real shame. Still trying though!

Oh no, sorry to hear about your car - what a pain.

sydneybean wrote: »

well now there is no football or tennis to distract me i really need to get my bottom into gear and really start moving more of this debt. have sent off a couple of ppi claims although not hugely hopeful but will see.

got my council tax benefit award this morning..... the princely sum of....drum roll..........60 PENCE A WEEK:rotfl:

still it works out about £4 a month so am quite happy with that :T need to go to local leisure centre now as believe if you get ct benefit you get a nice little card giving you reduced prices for swimming etc, that will come in handy for dd during summer hols...

Don't spend it all at once :rotfl:.

jakes-mum wrote: »

Well after worrying myself to death about this bloomin Axa policy I decided to ring them and talk to them about it. If I cash the thing in today I would get a payment of £6900 (ive paid in approx £5520) if I leave it to run for the remaining 22 months (I was wrong it matures in 2014 ) they gave me a [STRIKE]guesstimate[/STRIKE] projection of £8450 at 4% or £9030 at 8% (whatever the heck that means )

So ive asked him to send me a letter telling me exactly how much ive paid in and the forms to surrender the policy if I want, but im now unsure what to do, do I take the guaranteed money now or hold out for a possible bit more with the understanding it could all go pear shaped :eek:

The projections are based on possible interest rate returns i.e. if they achieve an average 4% return on the investments they make with your money, you will get £8450. I had a similar policy with Axa although mine was only for 5 years - I kept money with them for 7 years as at 5 years it was making a loss :eek:. After 7 years I got all my money back that I'd paid in plus about £740 extra - I was happy with that. Only you can decide what's best for you though - you take a chance either way .

Mrs_Addicted_to_Spending

Jemma - "Awkward" as Paddy McGuinness would say :rotfl:. I think you definitely did the right thing telling your friend you just want to be friends. Although he'll be upset to start with at least you didn't leave it hanging so he knows where he stands. I think you are right to not get involved with someone just for the sake of it, if you don't think it will work. I have had various male friends (who are just friends) over the years and find that being completely honest with each other is the only way the friendship can work.

choclover

Kerfuffle wrote: »

Hi his-missus,
Just pick yourself up, plough on and tighten your belt until pay day, and you can keep me company next year too.:)

I'll be on here next year too! (and maybe the year after that )

choclover

Quick update from me, all dd have now gone out for this month:

#304 £1,169.97/£5,210.12 (22.46%)

SpagBol

choclover wrote: »

I'll be on here next year too! (and maybe the year after that )

Me too!

jakes-mum

Morning all, OMG my life is boring now all my debts go out within 1 week, so I have 3 weeks of nowt to say

Ummm what can I talk about? . . . well the weathers cac here . . . im thinking about going to the bank . . . . ummm . . . . Dh has taken the decision regarding cashing in the AXA plan as a green light to start looking at huge expensive cars :eek:, ive taken it as a green light to keep saying no :rotfl:, hmmm thats about it! Told you my life had become really boring

jakes-mum

Oooo did forget to say I had a win delivered yesterday :j :j A replica euro 2012 football, shinpads, kids football boots, sports bottle and bag Which means apart from the 'big' individual presents, and some stocking stuff for DS and DD, they have both had their christmas for freeeeeeeeeeeeee :j :j I also used some of the toys r us giftcard win for my mum to buy my nephews xmas pressie so when she gives me the £41 back thats £41 toward DD's big pressie anyway (unless I manage to win a tv before christmas :rotfl:)

his_missus

jakes-mum wrote: »

Oooo did forget to say I had a win delivered yesterday :j :j A replica euro 2012 football, shinpads, kids football boots, sports bottle and bag Which means apart from the 'big' individual presents, and some stocking stuff for DS and DD, they have both had their christmas for freeeeeeeeeeeeee :j :j I also used some of the toys r us giftcard win for my mum to buy my nephews xmas pressie so when she gives me the £41 back thats £41 toward DD's big pressie anyway (unless I manage to win a tv before christmas :rotfl:)

Well, there's something to smile about

Bonglecat

jakes-mum wrote: »

Morning all, OMG my life is boring now all my debts go out within 1 week, so I have 3 weeks of nowt to say

Me too, I could say I have 10 days to go before my last loan repayments goes out, very excited but a daily count down will get a little boring won't it?

Oh we're going to a fancy restaurant on Friday for DHs birthday, so I'll post the menu for you at the weekend, how about that?