Pay off as much as you can in 2013 challenge

rising_from_the_ashes

getting-there-slowly wrote: »

Sorry to ask but Lloyds tsb 'save the change' function. What is this? Where do I find it? How do I use it?

It's quite a good idea (bit like the virtual sealed pot challenge where you round down your account to a savings account every week) - everytime you use your debit card, the amount will be rounded up to the next £ and the money put into a savings account

So ... if your shopping came to £21.56 then you'd have £22 deducted from your account and £0.44 would go to the savings account.

Really depends on how often you use your debit card (and what for - as if you're like me and it's for fuel - I always round up to the nearest £ when filling anyway!) as to whether it's worthwhile or not

http://www.lloydstsb.com/savings/save_the_change.asp

getting-there-slowly

thanks rising from the ashes - am now regisitered. Sound simple! see how we go.

newlifeahead

Hi

I would like to join again this year. I am hoping to be debt free by Dec 13.

I am aiming to clear my B'card visa £4028.08 and Egg £4961.59.

Total for me £8989.67

Determined_diva

Hi all

No 13 here

Made an extra payment yesterday of £260 on top of the extra £500 I declared on Thursday.

This means my total of £760

Happytogetdebtfree

Well done everyone Im looking forward to doing my payments from 1st jan yippee i have some catching up to do lol xx

welshdreamer71

Another PAD today of £10 totalling £461.50/£2863.

rising_from_the_ashes

So ..... money transferred to various pots / bills paid and OD has reduced by £38

#38
£45 / £900 = 5.00%

Unlikely to change much until next payday - which is the end of January :eek: I don't have very much spare in my SOA so this will be reducing very slowly!

Need to look at ways of getting more money in ....

Redouble

Yes please, I need to pay of £6k of credit card debt, car finance and mortgage. Mortgage and car finance together equal £6,622.20 a year and we currently have £900 of overdraft
My birthday present will be a new camera for my business and I refuse to buy one unless the credit card is clear. My birthday is Jan 1st so the challenge is a handy one!

:money:

So the amount of debt I would like to clear in 2013 is £13,500

EEEK!

welshdreamer71

Another PAD £5.50 which takes it upto £467/£2863 x

itsa

Hi all, made my first payment today

#80 £220

Entered it in the snowball calculator and it knocked a month off my DFD. Aslo rejigged budget and put extra payments into snowball calculator and another month gone. Hope it carries on at this rate

Merry christmas everyone :xmassmile