We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

1 debt vs 100 days chapter 34

Options
1356724

Comments

  • Starbrite
    Starbrite Posts: 960 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    katie1215 wrote: »
    Hi im new to this but would like to join, could someone explain to me what you need to do please. I have a Tesco card I would like to pay off its £2226. would this be possible?

    I am new to this too, but there are 14 Fridays between now and 22nd April 2020

    £2,226 / 14 = 159 a week to pay towards your Credit card

    or 3 monthly pay days = £742.00 a month


    or 100 days = £22.26 a day
    Aspiring to be financially independent.... from my parents!
  • parsniphead
    parsniphead Posts: 2,897 Forumite
    Part of the Furniture 1,000 Posts
    Hi all

    My first payment today.

    No 6 - £100/525.24 19.03%

    I need to look at my accounts tomorrow and see what else I can squeeze out.
    1 debt v's 100 days chapter 34: T3sco bank CC £250/£525.24 47.59%

    [STRIKE]MBNA - [/STRIKE]GONE, [STRIKE]CAP ONE[/STRIKE] GONE, [STRIKE]YORKS BANK [/STRIKE]GONE, [STRIKE]VANQUIS[/STRIKE] GONE [STRIKE] TESCO - [/STRIKE], GONE
    TSB CARD, TSB LOAN, LLOYDS. FIVE DOWN, THREE TO GO.
  • Hello, please can I join? I have a debt that I would like to clear of £870.
    Pay your debts off by Xmas 22 #TBC - £0/15k
    Pay your debts off by Xmas 21 #103 - £15,891/15k
  • abba1772
    abba1772 Posts: 7,746 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Car Insurance Carver!
    abba1772 wrote: »
    Morning :hello:

    Day 1

    Sent £7.40 towards my very account

    Want to clear this before I tackle the Halifax amount as it's only a small amount

    Brings my total to £7.40 / £2850

    Morning :hello:

    Day 2

    Sent £10 towards the very account

    Brings my total to £17.40 / £2850
    NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12
    POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.05
  • cm20
    cm20 Posts: 5 Forumite
    Fifth Anniversary Combo Breaker
    Morning everyone

    Day 2! So far I have payed off £40.
    Brings my total to £40/£1887.47

    I know its unlikely I will clear this in 100 days. However, going to clear as much as I can :)
    1 debt v 100 days: £166.01/ £1887.47
    366 Day Penny Challenge 2020 £0/£671.71
    Total Debt £236.56/ £6000
  • Calling14
    Calling14 Posts: 3,498 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    It's only Tuesday really :(

    Today new increased dd came out £250 paid to cards and another £100 by me, really feeling the pressure to get this debt cleared sooner rather than later, would like to enjoy my life at some point. :D


    Totals £400/£1930
    £1530 left. :T
    LBM 13039 1.1.13 Now £0 Finally Debt FreeMortgage free Oct 2019:)EFund/savings £25000 10/11/22
  • Thank you for breaking it down I hadn't thought of doing it like that. im going to try to pay off as much as I can.
    I've already paid £100 extra off this month :j
  • I'm just checking in to say that I paid £20 yesterday towards my credit card, which came from a few different places; £3.50 from a returned item, a few pounds from ebay and £7 from barclays blue rewards. I then got £13 worth of expenses back from work today, and £8 from Prolific, so, because I like round numbers, I sent £23.04 to the credit card.

    1 debt vs 100 days progress = £43.04/£1793.04 = £1750 remaining

    Not much will happen for me debt wise for the rest of Jan. I will get some money from a side hustle next week, all of which will go to the debt, and the rest will just be top see how much I have spare from my groceries and fuel budget by the end of the month.

    https://forums.moneysavingexpert.com/discussion/6086606/debt-free-by-23/p1

    True LBM, December 2019 = £32934. Current Debt = £12762. 1% Challenge = 61.1%. #51 3-6 Month EF Challenge = £1200/£6000



  • parsniphead
    parsniphead Posts: 2,897 Forumite
    Part of the Furniture 1,000 Posts
    Another £50 for me today.

    So far No 6 - £150/525.24 28.55%
    1 debt v's 100 days chapter 34: T3sco bank CC £250/£525.24 47.59%

    [STRIKE]MBNA - [/STRIKE]GONE, [STRIKE]CAP ONE[/STRIKE] GONE, [STRIKE]YORKS BANK [/STRIKE]GONE, [STRIKE]VANQUIS[/STRIKE] GONE [STRIKE] TESCO - [/STRIKE], GONE
    TSB CARD, TSB LOAN, LLOYDS. FIVE DOWN, THREE TO GO.
  • abba1772
    abba1772 Posts: 7,746 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Car Insurance Carver!
    abba1772 wrote: »
    Morning :hello:

    Day 2

    Sent £10 towards the very account

    Brings my total to £17.40 / £2850

    Morning :hello:

    Day 3

    Sent £10.93 towards the very account

    Brings my total to £28.33 / £2850
    NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12
    POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.05
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.7K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.