Pay off £20,000 (ish) by Xmas 2008

taxi73

Hi Andan...I wake up every day at stupid o clock!!!!..today it was an earthquake at 1am!!!! ....it was quite bad here it shook DH in his chair!!!..really weird.
Well done on the pay off....I will update my sig later...as one of my loans is due out today.

Superheavy

Dont worry about being up late guys....nowt wrong with it in my book. However, I tend to work awkward shifts, so if I'm not up at this time of night, I'll usually be getting up for the early shift in two hours time. Not the ideal life....but then again I'm not convinced the drudge of rush hour is worth going back to the 9-5 for!

taxi73

Just updated my sig to include loan payment today..another one due in a couple of days

Honeybee_2

I can't wait until payday so I can bump up this total! Feels like it's been stuck around this total forever!

Gemmzie

Just wondered, is anyone counting payments off secured debt or mortgages (repayment) here?

Honeybee_2

I asked that at the beginning, the concensus was that mortgage payments aren't included. (and there went my plan for paying off £20K!)

geeka

hi guys, i'm abit new to this idea of getting debt free by the end of the year. ive got 23k worth of debt, getting 3.8k in two months so will try and settle some of it (depends on what % they settle for) how can i go about getting rif of lots of the debt? what savings are they and how do you maximise your cash??

taxi73

I don't count my mortgage payments and I don't have any secured loans either.

Madcatgirl

Hi
Can i join this challenge please? I've just read through the thread and it's really inspiring! You've all done so well so far.

I would like to save £10,000 by Christmas to offset my student loans. I reckon I can save £500 per month, and get about £50 per month interest on the student loans which I have the majority stoozed. That makes £5500 from saving and £550 from interest. I also expect a bonus of about £2000 at Christmas. That means I'm about £2000 short of target to make up from other means. I hope joining this challenge will bring me lots of inspiration!

alimac23

Welcome Madcatgirl!

You sound like a girl with a plan, good luck and keep posting!