Payment A Day Chapter 16

Calling14

£100 for me today thanks

Time_to_face_the_music

Good morning fellow PADders :hello:

My PAD today is £2.23 to moneyboxes please Dizzy :T

Is anyone else doing that save the day of the year thing, am sure it's got a real name and probably a thread on here too but I can't find it. Anyway you save the amount for the day of the year so for example 1p on 1st January, 23p on 23rd January etc up to £3.66 on 31st December when you should have £671.71 (I think). I did start it on 1st January but keep forgetting to mention it

Hope little one is back home well, safe and sound today Sunshine x

Have a super Saturday everyone

TTFTM x

flumpkin

Another £1 please

kirtsypoos

Morning all!

£5.56 to MBNA please Dizzy

kirtsypoos

Oops, I forgot! Second PAD of £345.12 to Natwest today....how could I forget that amount?! I must be losing my mind!

toddler9

Hi Everyone I am new to the thread!

Just wondering when people say "payment a day" they are actually calling up Barclaycard (etc) and making a payment each day? Or putting some money in a pot to call once per week/month? What is the minimum you can make as a one off payment to a credit card?

How do you decide how much every day?

I think it is a fabulous idea, I have a credit card I would like to clear but am currently on maternity leave so I like the idea of a little bit at a time

Many thanks
Leah

kirtsypoos

Hi Leah, welcome to PADing!

Personally I make a payment per day to my target card (currently MBNA which I pay daily via the online system) previously it was my barclaycard and I set it up on my internet banking to be able to transfer my PAD amount.

It's such a fantastic thread - supportive, and you'll be surprised how quickly PADing makes a difference.

Good luck!

Igamogam

Time_to_face_the_music wrote: »

Is anyone else doing that save the day of the year thing, am sure it's got a real name and probably a thread on here too but I can't find it. Anyway you save the amount for the day of the year so for example 1p on 1st January, 23p on 23rd January etc up to £3.66 on 31st December when you should have £671.71 (I think). I did start it on 1st January but keep forgetting to mention it

Yep I am but I am putting it in my cash ISA at the end of every month, rather than pence per day:D I am also doing the save in pounds whatever week it is - i.e week 1= £1 week 2= £2 etc. I have done that for 2 years now - it soon adds up! I put that in a CU account at the end of every month too. I tend to do weeks 1-4 plus week 52 and then weeks 5-8 plus week 51 so its not cash heavy at the expensive time of the year - basically December is paid for by end of April IYSWIM!!

Igamogam

toddler9 wrote: »

Hi Everyone I am new to the thread!

Just wondering when people say "payment a day" they are actually calling up Barclaycard (etc) and making a payment each day? Or putting some money in a pot to call once per week/month? What is the minimum you can make as a one off payment to a credit card?

How do you decide how much every day?

I think it is a fabulous idea, I have a credit card I would like to clear but am currently on maternity leave so I like the idea of a little bit at a time

Many thanks
Leah

I round down my bank account everyday and pay on line the target CC. When my CC bills arrive I also make a payment straightway by rounding down what the outstanding total is. I also record regular DD's too which are always over payments. I NEVER pay the minimum on a card:rotfl: Some people also record their savings on here.I dont its just a personal preference of how and what you do . Welcome to the world of PADding

sashanut

Hi all :j
Popping in to PAD £34 .95 - pmt to cc - tkyou Dizzy :j:j :j