Pay off £20,000 (ish) by Xmas 2008

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  • alimac23
    alimac23 Posts: 260 Forumite
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    Can I join too? I have £19769.67 over a loan and credit card. This will probably rise even closer to £20,000 over the Christmas period too. Would love to clear it in a year so I can start saving to move house and have a baby in a couple of years.
    1.Virgin CC: [STRIKE]£9432.00[/STRIKE] £10290.00
    2.RBS CC: [STRIKE]£3254.62[/STRIKE] £3029.61
    3.M&S CC: [STRIKE]£1262.11[/STRIKE] £464.95
    4.Next: [STRIKE]£400.00[/STRIKE]. £280.00

    TOTAL = [STRIKE]£14348.73[/STRIKE] £14064.56
  • taxi73
    taxi73 Posts: 20,815 Forumite
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    Right then, I'm in ..I was going to see if I could pay £20k this year anyway...so do we start now or new year...can you let me know what you decide as I'm making a load of payments this week..
  • taxi73
    taxi73 Posts: 20,815 Forumite
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    Sorry just reread the beginning so will alter my sig now...
  • kizzykizzywizzy
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    Hi count me in, I want to be debt free by next Xmas, with the help of a tax rebate that my Hubby should, hopefully get, I may just be able to do it.
    Will start with my pay a card off challenge & carry on from there:T

    How nice would it be?? :rolleyes:

    Good luck to my fellow stop faffing about challengers:D
    Comping again - wins so far : 2 V festival tix, 2 NFL tix, 6 bottles of wine, personalised hand soap, Aussie miracle conditioner :beer:

    Married my best friend 15/4/16 :)
  • Pollydaydream
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    Hi everyone and welcome.

    It's great to have so many people on board. I can't really go missing from this challenge now, can I? :)

    Right, I'm going to start with AQA. I've been with them for a while, but can't really get into a routine and make myself sit down and do it. I'd rather be on here, or entering competitions, or even clicking! So, I'm going to start looking on it as a 'proper job', work out what hours I'm going to work and then 'go to work'.

    I'm also bringing work home from my full-time job in the evenings and weekends, so I'm going to invest some extra time in the run-up to Christmas catching up and getting organised, so hopefully I can keep work 'at work' and have more time for moneymaking/saving in the evening and weekend.

    Have a good evening everyone.

    Polly
  • LoadedIWish
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    Hi all,

    My debt now stands at £16,934.86 and I would love to clear it all by Xmas 2008. At first I thought there is no way I could do this, but the more I think about it, the more I think I could do it with some hard work and determination. So count me in.

    Good luck with the challenge everyone.

    Sarah
    Challenges / Debts
    • Live On £4,000 For A Year : Challenger 009 - [strike]£4,000.00[/strike] £3,970.67 left
    • 2008 Olympic Challenge : Challenger 059 Going For Silver - [strike]£2,008.00[/strike] £2,008.00 left
    • Cahoot Loan - [strike]£8,780.00[/strike] £7,990.00 to go
    • Northern Rock Loan - [strike]£2,533.20[/strike] £2,406.54 to go
    • RSPCA CC - [strike]£4,200.00[/strike] £4,100.00 to go
    • Asda CC - [strike]£1,734.00[/strike] £1,684.00 to go
    • Total Debt - £16,180.54 to go
  • lililou
    lililou Posts: 663 Forumite
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    I would be interested in this too.

    I'm not quite sure how to pay off over a grand a month though but would love to have that feeling this time next year.
    Here come the girls....100% Gorgeous!!!
  • liuhut
    liuhut Posts: 1,269 Forumite
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    Would I be able to join you all with a save £20k by xmas 08?? We are planning to move to Oz in Spring 09 and need to get some money behind us. OH has been doing loads of overtime to get us up straight which from last Thursday we are so now the saving starts....
    I really need the motivation (I know going to Oz should be enough but it seems so long off!!
    WIN £2008 in 2008 £1836.31 2009 wins - £91!!! 2010 wins in Oz $ 6170.... wins 2011 aprox $2000
    MFIT - number 37. Reduce my mortgage from £63,500 to £48,000. now at 54,000...
  • Pollydaydream
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    Hi all and welcome.

    liuhut - I don't see why you can't join us if it motivates you to save. Saving money and moving to Australia - I'm not jealous at all :rolleyes: .

    Kizzy - I see we live in the same place. It's great here in La La land isn't it, until the dreaded "real world" intrudes. Want to meet for a coffee (with a voucher, of course). :rotfl:

    Polly
  • Cosmo8
    Cosmo8 Posts: 7 Forumite
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    Hi

    Have read through your thread and feel so much better as I feel that I'm not the only one who has so much to pay off and would like to do so as quickly as possible. I have just buried my head in the sand for so long and have gradually come to the sad relisation that I am not going to win the lottery/inherit loads of money/prince charming is going to come in and pay off all my debts! Would love to join your challenge as have about £26,000 to pay off and if I could do a bulk of that by this time next year it would be great.

    Have seen some of the details about earning more money and you have all inspired me to go on to the extra income board and see what I can do.

    Thanks
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