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

tirlittan

My minimum payment this month will be £3.25!!!! So I'm going to over pay by at least that much.

rubywhatashmoo

I only had £150 left on my card and the min payment was £25 :mad: bloody robbers!!

tirlittan

I think that's actually better ruby. If I only paid minimum payment now, it still would take me about 227 months to pay off!! You'll get there quicker. Well done on having only £150 left to pay! You'll be the next one in the roll of honour!

recurrent-ostrich

tirlittan wrote: »

You'll be the next one in the roll of honour!

Erm, not if I win the Euromillions this weekend. :rotfl:If I win the £148 million, I promise to clear the debts of everyone who "likes" my post. :rotfl::rotfl::rotfl::p

I never buy a ticket, but might just see my way clear to investing £2 for this one......

rubywhatashmoo

I'm the first one on the roll of honour :P

recurrent-ostrich

Aaargh! Have now discovered that as from Nov 2012, the overdraft fees on the Halifax current account are going up AGAIN! :mad: Daily fees are now £3 if you are more than £3K overdrawn. I'm still going to pay the Next card, after a wobble when I saw this, as actually we don't go over £3K for more than a day or two, but it gives me the incentive to start to throw a bit of cash at the OD sooner rather than later.

gazfocus

I think I'll join this

Having just bought our first home, we really need to get our finances in order.

I currently owe £4515 on various credit cards and catalog accounts and including my overdraft, and would love to have this all paid off by Christmas 2012.

I'm not really sure of the best way to go about it because my overdraft is constantly at its limit. I think for the time being, my best approach would be to make double the minimum payments on the cards, minimum payment on catalog (littlewoods) as there's no interest on the catalog and save save save.

jakes-mum

Welcome Gaz :wave:

good luck with your debt freedom wannabee'ness, our fearless leader Jemma will appear at some point to award you with your very own, one of a kind, not to be lost/ebayed or hocked, number and add you to the first page.
Feel free to tell us about yourself and any ideas that may come to you for making any extra pennies to get rid of your debts quicker.

jakes-mum

Ive made another payment I decided to donate £50 of the bingo win to the PO CC (leaving only £100 to gooooooooooo)

New Total issssssssssssssssssss:


#16 £6056.89/8806.89 68.77%

affordmylife

had an interview today for a second job which will really boost the finances. just waiting for a phone call to say if i have been successful or not.

hope i get it. it went really well but who knows.

that will mean ill have two paydays a month - woo hoo x