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The 'extra payment every week' thread 2014

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  • please-let-me-be-lucky
    please-let-me-be-lucky Posts: 10,202 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Another Friday, another fiver extra payment made! I've now, mid July, paid more so far in extra payments this year than I did in the whole of last year :T Xx
    Debts @ LBM £23,729.31. Debts @ 08/04/2016 £0 :j
    Best win so far - holiday to Florida
  • kirstydriver
    kirstydriver Posts: 549 Forumite
    Another £17.14, rounding down a credit card balance to another £100.... Slowly slowly!!
  • FlacosFloozie
    FlacosFloozie Posts: 830 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    edited 24 July 2014 at 6:23PM
    Welcome to all the newbies :wave: This really is a great challenge to get stuck into.
    I'm a bit late but am declaring £13.50 for last week using up supermarket vouchers.
    I can't do a payment this week as the CC won't allow anything below the minimum payment when it generates a statement so it'll get added onto next week. With luck, that will be my last payment and then things will be going to savings.
    MFW 2024 £27500/7500 Mortgage £129,500 Jan 22 Final payment June 38 Now £68489.08 FP May 36 Emergency Fund £20,000 100% Added to ISA 24 £8,060 Save 12k in 24 #31 £20,034.76/20,000 Debt Free 31.07.14
  • please-let-me-be-lucky
    please-let-me-be-lucky Posts: 10,202 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Friday fiver paid off Xx
    Debts @ LBM £23,729.31. Debts @ 08/04/2016 £0 :j
    Best win so far - holiday to Florida
  • Ninno820
    Ninno820 Posts: 765 Forumite
    edited 25 July 2014 at 9:20PM
    Hi - may I join this challenge?

    I'm using the YNAB budgeting tool and have set it up to look at the budget on a weekly basis. This challenge will allow me to use any underspend to make a payment every week.




    PS - made my first payment - £2.56 towards the overdraft. Not the biggest amount but, as you say, the small things add up.
    44 day challenge


    1. Pay £650 off overdraft (£ 288/ £650)
    2. Lose 12 lbs (4.5/ 12)
    3. Use YNAB everyday (6/44)
  • please-let-me-be-lucky
    please-let-me-be-lucky Posts: 10,202 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Welcome Ninno and well done on your first payment! I don't know how many more ways we can say it apart from the immortal words of Tesc0 - every little helps! I've cleared in the region of £1800 worth of debt in the last 3 years by doing extra little payments every week Xx
    Debts @ LBM £23,729.31. Debts @ 08/04/2016 £0 :j
    Best win so far - holiday to Florida
  • kirstydriver
    kirstydriver Posts: 549 Forumite
    I really want to make my over payment that I have worked out of £65.00 to keep me on track but it would leave me with £40 until pay day next week and as my actual pay day is a bit sketchy I worry I won't have enough... gurr! what to do!!
  • purplegrape
    purplegrape Posts: 207 Forumite
    £19.13 this week. Feels good to be back on the overpayment wagon again!

    I'm now adding to my list the train fare every time my bf gives me a lift to or from work. At the stage where he refuses petrol money so my credit card might as well benefit whilst it lasts!
  • purplegrape
    purplegrape Posts: 207 Forumite
    kirstydriver wrote: »
    I really want to make my over payment that I have worked out of £65.00 to keep me on track but it would leave me with £40 until pay day next week and as my actual pay day is a bit sketchy I worry I won't have enough... gurr! what to do!!

    Maybe see what you have left of the 65 + 40 and pay that after payday? Keeps me motivated to not spend or worry. X
  • jaxsmar
    jaxsmar Posts: 518 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    [SIZE="3"My dad passed away last Monday. My credit card has taken a severe hit.... But I will continual to plod away bit by bit to get rid of my debt..feel like burying my head in the sand but I know that only creates more problems... Mum will be coming over on Friday for some rest my sister is refusing to come to the funeral because my mum wont put her up she is homeless...(long story) and I feel like piggy in the middle............ why cant I have a normal family??? (what ever normal is) Dad's funeral is 22nd August as most of the family are away (including myself)...maybe I wont return and stay in Rome..now that sounds like a plan...
    Penny wise pound foolish. 366 days 1p challenge 2020/21/22/23 completed.
    No.13 1p a day challenge 2024
    No. 24 52 week savings challenge completed August 24
    No.16 1p a day savings challenge.
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