Pay ALL your debt off by Xmas 2013

SpagBol

Oh I forgot I have an update!!

#002 £1762 / £45000 3.92%

:j

32b3in2013

Morning

Its payday so I have made my regular payments/overpayments :j

Total now #11 - £6631.48 / £10,224 = 64.86%

I have been paid for another ebay item, but haven't got time this morning to make another payment, so I will be back later.

1/3 of the way through the year now :eek:

Happy Tuesday everyone

32b3

PaulieDoodle

Hello!

Payday here for me too. Unfortunately spent £150 on my credit card this month, so with interest added I am back up to £3000. (Boo!) On the other hand, after my payment this month, I only have £60 left on my overdraft which I am going to try so hard to scrape together this month, then that's 2 out of 4 debts gone! Plus I will save £32 a month as I am going to just downgrade to a basic bank account and will have no overdraft fees or interest to pay!

So payments for me:
£440 to overdraft
£200 to loan
£100 to credit card

New total: #42 3887/7477

kerri_dfw

Hmm I appear to have an extra £300 in my pay packet, now I think this has something to do with my new tax code but I'm not 100%. Oh well, I've reduced the overdraft by another £50 and there's just £300 left to go on that now. I have to try my bestest not to spend allll my wages this month as we have a holiday to pay for (trip to France).
I need to pay some money towards the dreaded card (like what I did there?) but I might put £500 aside and then see if I can match that in fleabay sales this month (that'll be a hard slog!) Banning myself from using the dreaded card this month, this debt needs to vamousse!

32b3in2013

Kerri, wouldn't the extra, unexpected, £300 pay off the overdraft??

Just saying!!

kerri_dfw

32b3in2013 wrote: »

Kerri, wouldn't the extra, unexpected, £300 pay off the overdraft??

Just saying!!

yes it would however I think the £3000 dreaded card needs paying off first. It would appear I can't be trusted with increases in credit limits and seem to think it's "free" money...it's not. So dreaded card is going to be given to the OH.
That being said, have paid my usual £200 + the extra £300 towards the dreaded card to pay off interest and reduce it some.

That being said I now owe a total of £2926.43 I don't really know how to work that out as my total is £2900 and I've already paid off £522.63 this year.

Spagbol, I think I need a new total
£522.63/£3449.06 15%
(I appear to be back to where I was last year. Although this time I've spent about £1000 on stock for my business and I have almost £100 in the business bank account so that can start to buy it's own stock soon.)

allym464

I have paid off £2586.17 off my £5000 debt... broke the 50% mark - woohoo :j:beer::j

medusasmummy

morning all

made my first payment today. paid £200 to the catalogue which is 0% so no need to wait for the statement.

#168 200/5797.22 :j

and if my maths are correct thats 3.44%

spag bol- congrats on the expected bundle of joy

still reading daily will update in a couple of weeks when the statements are in

happy debt busting all

SpagBol

32b3in2013 wrote: »

Morning

Its payday so I have made my regular payments/overpayments :j

Total now #11 - £6631.48 / £10,224 = 64.86%

I have been paid for another ebay item, but haven't got time this morning to make another payment, so I will be back later.

1/3 of the way through the year now :eek:

Happy Tuesday everyone

32b3

Wow, such a good percentage for 1/3 of the year!! Well done :T

kerri_dfw wrote: »

yes it would however I think the £3000 dreaded card needs paying off first. It would appear I can't be trusted with increases in credit limits and seem to think it's "free" money...it's not. So dreaded card is going to be given to the OH.
That being said, have paid my usual £200 + the extra £300 towards the dreaded card to pay off interest and reduce it some.

That being said I now owe a total of £2926.43 I don't really know how to work that out as my total is £2900 and I've already paid off £522.63 this year.

Spagbol, I think I need a new total
£522.63/£3449.06 15%
(I appear to be back to where I was last year. Although this time I've spent about £1000 on stock for my business and I have almost £100 in the business bank account so that can start to buy it's own stock soon.)

Lovely to have a bonus! I have updated your total, don't be disheartened about the increase, you are a businesswoman now and will be rich before you know it

allym464 wrote: »

I have paid off £2586.17 off my £5000 debt... broke the 50% mark - woohoo :j:beer::j

Well done, fantastic milestone :T:T

SpagBol

medusasmummy wrote: »

spag bol- congrats on the expected bundle of joy

Thanks medusasmummy