Pay ALL your debt off by Xmas 2014!

Betsie2010

Well I survived the month!:j
Money in the current account again today so I am going to transfer over the "surplus" left from Feb and then when ny wages go in pay off some more of my cc. I know not every month will be as good as I had my bike money but it is a good start. Also there has been no council tax this month:)
I opened 3 mini accounts yesterday to help with saving. Really easy to do on line so now I have one for Xmas (money from SPC) one for overpayments for cc, and then one that is for hopeful savings! I'm trying the piggy bank system......

Raggydoll85

Betsie2010 wrote: »

Well I survived the month!:j
Money in the current account again today so I am going to transfer over the "surplus" left from Feb and then when ny wages go in pay off some more of my cc. I know not every month will be as good as I had my bike money but it is a good start. Also there has been no council tax this month:)
I opened 3 mini accounts yesterday to help with saving. Really easy to do on line so now I have one for Xmas (money from SPC) one for overpayments for cc, and then one that is for hopeful savings! I'm trying the piggy bank system......

What is the piggy bank system? Xx

minicooper272

I'm intrigued by the 3 mini accounts. Is that something you can get through one place?

amr547

GingerFurball wrote: »

Personally I think you're mental to turn down free money from your employer. Then again, I have the luxury of being in a scheme that costs me 5% of my salary, yet my employer contributes 13%.

that's really good,, but ours only contribute 1%. i'll see how much comes out on payday and if it doesn't look like i'll miss it then i'll carry on paying in.

amr547

righto. payday tomorrow. lets see if i can get through this month without making any unnecessary purchases!!

soopa_de_doopa

Hi

Is it too late to join? I've been lurking for years on here and managed to pay off about £14k of our original debt be still got £3087 to go and I want it gone by the end of the year!!!

Thanks

Aphidgirl

Hi everyone, I've been reading this thread for the last couple of months and so I thought I'd finally say hi!

Can I join the challenge please? I started the year with £9441 of debt, this included a loan from mum and dad (£1542), plus 5 credit cards and a personal loan (total for these: £7899).

I've now managed to pay off £1292 of this, and pay off 2 credit cards in full, getting the grand total down to £8149. Pay day tomorrow so the total will reduce by another chunk then :j

Good luck to all the other debt-busters, I've enjoyed reading all your updates

Mat_Lock

Payday is finally here, yessss !!

£158.52 off the barclaycard debt. £60 in to my car slush fund for car tax in April (I so wish I could use this money for debt payment) and will make another £150 payment when Tesco credit card statement rolls in in the next few days.

New total in my signature

GingerFurball_2

minicooper272 wrote: »

I'm intrigued by the 3 mini accounts. Is that something you can get through one place?

I use savings accounts for piggybanking. I've got a regular saver set up that I pay into by standing order each month that I'm saving for Christmas in, and a general savings account that I'm using as a virtual sealed pot.

Mat_Lock

GingerFurball wrote: »

I use savings accounts for piggybanking. I've got a regular saver set up that I pay into by standing order each month that I'm saving for Christmas in, and a general savings account that I'm using as a virtual sealed pot.

Yep similar to me too.

Halifax Ultimate Reward Account - Salary Paid In
Halifax Reward Account - Rent & Bills
Halifax Online Saver - Holiday Savings
Halifax Online saver - Car Slush Fund
Halifax ISA - Savings untouched (currently at £0 haha)