Pay off £20,000 (ish) by Xmas 2008

Robbda

Can we get this years going please???? i wanna sign up!

taxi73

Just waiting for someone to start one.If they don't I'll start one.Will have a think about it later.

hbl_2

I paid off my grad loan etc by December last year, so I haven't been working towards paying anything back, but have managed to save £5000 or so this year. I had hoped to save £8000 originally, but that didn't really happen! Mind you, that's still saving £420 a month, which is about 40% of my take home pay, so I'm pretty pleased with that nonetheless!

Congrats all - I realise I am jumping right in on the end of this thread.

Earthstrong

Hi

I have paid small amounts towards my cc which totals £61.00. My cc 0% interest rate ends this month so will have to look for another deal, but want to pay off as much as I can before I transfer my balance.

hypno06

madmich, sorry to read about your job news. I hope things turn around soon, and yes you are right - without the debt busting you have already done, you would be in a far worse place.

I am going to set up the new challenge thread starting 1.12.08...........pop over and join in if you dare

hypno06

Link for new challenge.......

Uniscots97

Right thats me made my last lot of payments before joining the 2009 thread. I only managed 17151.08, would have been nice if I'd made the 20K but chuffed my car loan is gone at least.

Uniscots97

I forgot a payment of 240.72. Added to my total.

Pollydaydream

Payday today and usual payments made, so my final total will be £6386.63.

I have actually paid another £1223 off a student loan, which I hadn't even counted in my debts as it goes out of my wages, so I suppose it would be cheating to count it now (you can see I'm scrabbling around to try and make this challenge total look a bit better :rolleyes: ). Still, the student loan finishes early next year, so that will be an extra £100 a month in my pay packet :j .

I haven't got anywhere near my target, but I have come out of this year a much wiser woman. I think everyone's heading over to the new challenge (thank you, hypno ) and I just want to say thank you to everyone for joining me in this one.

Polly

hypno06

Thank you polly for starting this challenge and congratulations to all those who did less faffing than usual, and managed to clear some debt!!

The 2009 challenge is now well under way with 70 challengers so far! Come and join us over there! If you are reading this or lurking, come out of hiding and join in!