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Pay off £20,000 (ish) by Xmas 2008

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Comments

  • jess444_2
    jess444_2 Posts: 1,225 Forumite
    Hi all,
    Just updated my signature so thought I'd pop in to see how we are all doing.
    Hypno - wow well done - you are an inspiration.
    Pollydaydream, I know what you mean about this being a bumpy road. I feel like I am working harder than ever at this, with mystery shopping, matched betting and doing overtime, but I don't seem to be able to increase my payments, in fact I am probably paying off less each month that at the beginning of the challenge. I am trying to stay positive though - I hear people around me who are beginning to struggle now that the cost of living is rising and I am glad I had my LBM and started to tackle my debt when I did. Since I know there is not chance of paying off my debts before Christmas I have set myself the Challenge of being debt free by July 2008.
    Jess
  • hypno06
    hypno06 Posts: 32,296 Forumite
    10,000 Posts Combo Breaker
    jess, you are right, the credit crunch and its related price rises are all taking their toll. I am really grateful for the fact that this site has helped me reduce my debt so much, as I can now work around the various price rises. Had I still been faced with the situation I was in a couple of years ago, I would really really be struggling with the extra price increases.
    Successful women can still have their feet on the ground. They just wear better shoes. (Maud Van de Venne)
    Life begins at the end of your comfort zone (Neale Donald Walsch)
  • Well done everyone - it's fantastic to see how much everyone's paid off this year.

    When you're plodding along sometimes it seems like you're not getting anywhere fast, but when you see the totals adding up, it reminds you that that £1 here and there was worth it after all!

    I've had a few ups and downs, but I'm really going to go for it for these last few months. I am, at last, going to stop faffing around :rotfl: .

    Polly
  • taxi73
    taxi73 Posts: 20,815 Forumite
    Another £508.32 paid off and am now over £25k paid off this year.
  • jess444_2
    jess444_2 Posts: 1,225 Forumite
    Well done Taxi, very impressive. :T
  • Gemmzie
    Gemmzie Posts: 14,876 Forumite
    I've paid off a couple more chunks but can't remember how much until it clears so will add it then :rotfl:
    No longer using this account for new posts from 2013
  • hypno06
    hypno06 Posts: 32,296 Forumite
    10,000 Posts Combo Breaker
    :j :j :j I have done it :j :j :j

    Made a payment to HSBC this morning which takes my total for the year to just over £20,000 :D

    Thanks guys for the support along the way, and I am now secretly (or not so secretly) aiming for £25k by Christmas.
    Successful women can still have their feet on the ground. They just wear better shoes. (Maud Van de Venne)
    Life begins at the end of your comfort zone (Neale Donald Walsch)
  • :T :T :T :T :T :T :T :T :T :T :T :T :T :T :T :T :T :T :T

    Absolutely fantastic! What an achievement. You must be so pleased!!

    Have a great day!
  • hiya guys am new to this thread. great challenge you's have going here.

    I have debts i would like to clear but not sure of best way to go about it etc
  • Jacks_xxx
    Jacks_xxx Posts: 3,874 Forumite
    :T :A :j :beer::T :A :j :beer: :T :A :j :beer: :T :A :j :beer: :T :A :j :beer: :T

    WooHOOOOOOOO!

    That is bloody awesome Hypno!

    You're an inspiration to me sweetie pie, so I'll try not to be too far behind you! :eek:

    Love Jacks xxx :D
    Not everything that can be counted counts, and not everything that counts can be counted. Einstein
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