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Payment a Day - Chapter 2024
Comments
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Welcome aboard @davidm29, and just have fun with it. You can PAD in whatever way suits you, and send it to debts or savings. Just declare your PAD in bold to help the counter upper keep a track of everything.
My PADs are:
£27 to the emergency fund
£14.06 to the 18th birthday pot
£0.94 cash back to the secret stash
Total of £42Debt Free Diary:- The Mental Debt Struggle
(Original Debt on 15/07/2016 was £33,056.76) 🙈 but Debt Free on 09/02/2025 🎉3 -
Morning @davidm29 and welcome to the board,
The saving can be put to pretty much whatever you feel.
Do you have things like an emergency fund set up? If not, this may be a good thing to start putting it towards? Or do you have CC balance that needs paying down? Alternatively, are your balances on a lower interest rate than that you could get by saving it, i.e have a CC balance on a zero percent rate and you could get 4%+ on? In which case it could be worth putting the saving away to get a better rate of interest and pay things off in block amounts? Or a holiday that you want to save for?
The possibilities are endless, we are all PADing to different things and there's no wrong thing to put it towards, it's whatever you want to do with it
DMI feel like a Pelican - everywhere I look there's a bill staring at me!LBM: March 2014 Current CC debt: £2048.29/£3666.53 (55.86% repaid) Current Challenges:Tilly Tidy: £2087.67/£2500 (83.50%) 3 to 6 month emergency fund #75: £3653.62/£6000 (60.89%)3 -
Hi all, late in the day for me but £80 has been sent to various places today
LMD xLife gets in the way...PADding is addictive...Saving's better than spending...My savings diary - Now for a healthier, wealthier me2025 1p challenge #7 | Cash envelope challenge #01 | SPC #017EF £1000/£1000 | Sabbatical £4055/£60002 -
Jan 2022
Owed approx 70,000 in consumer debt
Dec 2024/Dec 2025
Loan 1 4750/0
Loan 2 10690/0
Card 1 10764/6378
Card 2 5674/3564
Card 3 5158/3532
Card 4 0/10785
Total 37036/24274
Emergency Fund 0/2000
2022 Over 70k debt. Time to change!
2022-25 Paying off debt.
2025 Cash lump sum used to pay down debt quicker than hoped.
2025+???? Stay happy and in control of my finances3 -
£5 today, went in to a separate savings pot. BOt quite decided what to do with it yet!2
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Back with another PAD of £1.51 into the secret stash savings potDebt Free Diary:- The Mental Debt Struggle
(Original Debt on 15/07/2016 was £33,056.76) 🙈 but Debt Free on 09/02/2025 🎉2 -
£35 to MBNA
27/5/17 Mort 64705 BTs 1904031/12/17 Mort 59815 BT 1673007/04/20 Mort 49208 BT 1572128/07/20 Mort 47387 BT 1263414/11/20 Mort 45905 BT 10134 20/05/21 Mort 42335 BT 686811/08/22 Mort 32050 BT 2915Sealed Pot Challenge 16 Number 51 -
Morning All
The PAD total for the 10th June come in at £174.79
DM xI feel like a Pelican - everywhere I look there's a bill staring at me!LBM: March 2014 Current CC debt: £2048.29/£3666.53 (55.86% repaid) Current Challenges:Tilly Tidy: £2087.67/£2500 (83.50%) 3 to 6 month emergency fund #75: £3653.62/£6000 (60.89%)2 -
Morning, £16.48 today1
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Good morning
£5 to the sabbatical today please
LMD xLife gets in the way...PADding is addictive...Saving's better than spending...My savings diary - Now for a healthier, wealthier me2025 1p challenge #7 | Cash envelope challenge #01 | SPC #017EF £1000/£1000 | Sabbatical £4055/£60000
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