Pay ALL your debt off by Xmas 2014!

RaspberryRuffle

I've paid another £80 today. Had to get new car seats for kids so less than I'd hoped buy better than nothing!

I messed up my totals somewhere along the way so debt is more than I had calculated I asked admin to changed my totals.

My new figures are £580 \ £12486 (4.6%).

Another £49.94 to get me to 5%. Will try to get that paid in on Friday.

Smarter_and_harder

Hi everyone!

Back in to check in and update!

Firstly, congratulations Kerri! :T What a fantastic way to start the year. And beautiful name too.

Secondly, I know I have said it before but this is such a great thread. I try and read the update every morning and it really has helped me think about money and how I can make the most of it. I don’t reply to all the updates but I am reading them and think everyone is really making such a good effort in January. Go us!:beer:

So, in terms of living frugally we have improved. Not perfect, but improved.
We are really thinking about the money we spend before we spend it, and ways to make it go further.

I have also tried to up our income with a number of survey sites and mystery shopping sites but not sure I have the patience! Will keep trying, but after starting with high hopes I am now not expecting too much – but a nice bonus if we can.

But we have had some good results selling bits and pieces and getting more organised, and I hope to continue working on that for the next five weeks until our holiday.

We have also made our first payment of the year, which is a one-off, not-to-be-repeated, raided-all-the-savings payment of £7436.42, clearing one credit card completely! :T

Ouch! :rotfl: But it has made quite a dent! And it does mean the beast of interest can’t get us. Mwhahahahaa!

So that makes a total payment so far in 2014 for us of: £7606.91/£13,228.73!

I have worked out that means we have paid 57.5 % of our total debt… although percentages were never my strong point at school! Is that right? Anyone know the calculation?!

That leaves us with £5,621.82 still to pay. :eek:

Next month will be tough as we have got our holiday and my OH is changing jobs (woo hoo!) which will see him change from weekly wages to monthly so there’ll be a gap there too. It’ll be okay, but might be March/April before anymore significant payments can be made.

Still, not bad for January eh?!

Really looking forward to seeing the combined thread total on the spreadsheet. Thanks to admins for all your work.

And it goes to show what you really can achieve when you put your mind to it, eh?!

Have a great week everyone.

Plumpduck

Can I please join? Been reading this thread for a while and it's great inspiration!! Taken on a extra part time job dedicated to pay off my cards.
My total is £4000
will update payments ASAP
Thanks xx

BirdSeed

Hi,
Please may I join?


I'd like to pay off £11,050 in 2014. I will keep my signature updated.


Thanks

angelbob

Hi all just a little update today:
#63 £136.47/£5202.67
well I got a new job today, more money each month :j:j:j:j
congrats Kerri, last time I was on here I think your OH was in Canada xxx

BirdSeed

Oh no, I just realised I missed a debt off so my total needs to be £11,900 please - sorry

eecjwd

#129 another £80 paid today due to selling some bits on Ebay

Another bonus was that I was reading a wrong bill when I calculated my original Debt should of been £9016

affordmylife

this thread is really motivating me. thank you.


still no spends apart from food shop once a week.


need to see how the month pans out and will make another payment.


its all good so far.


keep up the good work everyone xx

Jonesy88

spreadsheet updated to here.

Hello everyone on this lovely thread! :wave:

Kerri - congratulations, hope motherhood is suiting you and your little girl is doing well.
Amr - awkward situation for you, hope things work out for your mum.
Angelbob - Oooo, congrats on the new job!
Smarter_and_harder - Wow! What a payment! :T It is 57.5%.

Hello to all the lurkers (please join in!) and newbies...

bridget81 :hello: you're #133
Plumpduck :hello: you're #134
Birdseed :hello: you're #135 (i've amended your total aswell )

As a group we really are doing well for January, can't wait for the end of month total! Minicooper will be along to update the front page soon for those who follow it.

minicooper272

Welcome newbies :wave:

Two thirds through the month now - not long 'til pay day for me Well done for the payments everyone :T