Pay ALL your debt off by Xmas 2018

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1100101103105106203

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  • sunshine81
    sunshine81 Posts: 1,485 Forumite
    First Anniversary First Post Combo Breaker
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    Nice to see you Muppets!! Glad you are back.

    #145 £7138.60 / £19261 (37.06%)
  • abba1772
    abba1772 Posts: 7,746 Forumite
    First Anniversary Name Dropper First Post Car Insurance Carver!
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    Morning :hello:

    £2.17 sent towards the Halifax

    Brings my total to £3885.16 / £6000
    NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12
    POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.05
  • EmmaMicawber
    EmmaMicawber Posts: 138 Forumite
    edited 8 April 2018 at 3:20PM
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    muppets wrote: »
    MARCH UPDATE

    We paid off £9,530.23 :T
    2018 Total £51422,57
    which is 18.74% of our target ;)
    We had 5 Members sign up :T:T:T

    Thanks for my number Muppets!

    Just one thing- was your March total for everyone, including newbies like me? It just seems a lot less than the Feb total, especially as my payment alone for March was over £7500 (due to OH's bonus)?

    I quickly totted up the "green" paid in 2018 numbers for all members on the updated front page and got very impressive:

    £192,140.81 paid off in 2018
    apologies if I'm missing something?

    And another total for those who are interested (you can tell I'm wasting time waiting for my DD!):

    The total of everyone's target to be paid off in 2018 i.e. the red numbers is (drumroll):

    £1,039,129.87
    wow!
  • muppets
    muppets Posts: 1,476 Forumite
    Name Dropper First Post First Anniversary Debt-free and Proud!
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    Thanks for my number Muppets!

    Just one thing- was your March total for everyone, including newbies like me? It just seems a lot less than the Feb total, especially as my payment alone for March was over £7500 (due to OH's bonus)?

    I quickly totted up the "green" paid in 2018 numbers for all members on the updated front page and got very impressive:

    £192,140.81 paid off in 2018
    apologies if I'm missing something?

    March included everyone who updated until the 1st April. Some people restart their amounts to 0, this does then affect the total for that month when it had already been paid and counted in other months etc.

    The front page posts include all the payments made up to when I posted, this will include the 1st 7 days of this month.

    I can go and check the spreadsheet to make sure the formulas are all correct, I input the total amounts paid and the spreadsheet does all the calculations for me. This is the reason people are asked to update the way we do.
    PAYDBX 2020 - #01 Pd £15,029.29 / £13,140.66 - 114% 🎉

    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 126,846.35/ 271,495.07 46.72%[ MF was Aug 2038 now Sept 2035 😲
  • EmmaMicawber
    EmmaMicawber Posts: 138 Forumite
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    No worries. I just quickly added up all the green figures on page 1 (updated yesterday) and then I've just added up all the red figures on the updated page one. I'm no good at spreadsheets!
  • muppets
    muppets Posts: 1,476 Forumite
    Name Dropper First Post First Anniversary Debt-free and Proud!
    edited 8 April 2018 at 3:30PM
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    No worries. I just quickly added up all the green figures on page 1 (updated yesterday) and then I've just added up all the red figures on the updated page one. I'm no good at spreadsheets!

    I have checked the formulas, there was an error found. The correct figures will be updated at the end of April.

    The red figure is £1045,883.27 ;)
    PAYDBX 2020 - #01 Pd £15,029.29 / £13,140.66 - 114% 🎉

    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 126,846.35/ 271,495.07 46.72%[ MF was Aug 2038 now Sept 2035 😲
  • EmmaMicawber
    EmmaMicawber Posts: 138 Forumite
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    Thanks Muppets.

    And one last statistic (using Muppets' updated red figure of £1,045,883.27):

    Of this total target, £245,798.20 'belongs' to DFWers who aren't actually active i.e.haven't actually sent in an update yet so are on 0% paid off.

    If we only include 'active' members the new overall target is £800,085.07 and we've paid off (approx.- bearing in mind it's me and my calculator) £192,140.81 that is

    24% of target paid off in 2018 so far which is nearly bang on target as we're 25% through the year.

    Yay!! :j
  • muppets
    muppets Posts: 1,476 Forumite
    Name Dropper First Post First Anniversary Debt-free and Proud!
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    Thanks Muppets.

    And one last statistic (using Muppets' updated red figure of £1,045,883.27):

    Of this total target, £245,798.20 'belongs' to DFWers who aren't actually active i.e.haven't actually sent in an update yet so are on 0% paid off.

    If we only include 'active' members the new overall target is £800,085.07 and we've paid off (approx.- bearing in mind it's me and my calculator) £192,140.81 that is

    24% of target paid off in 2018 so far which is nearly bang on target as we're 25% through the year.

    Yay!! :j

    There is always a lot that sign up and either never update at all or remember to update at the end of the year. What I did last year was, at the end of the year, anyone who hadn't updated was to knock them off the spreadsheet. That gave a more accurate figure, until then though I leave them all on and their target is counted. It would be unfair to them to come back 6 months in and not see their figure being counted.

    While I appreciate you are trying to help motivate people, it has caused some confusion and I have already received messages asking if you are now running the thread and are confused about the % and target figures.
    PAYDBX 2020 - #01 Pd £15,029.29 / £13,140.66 - 114% 🎉

    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 126,846.35/ 271,495.07 46.72%[ MF was Aug 2038 now Sept 2035 😲
  • Mummy_bear
    Mummy_bear Posts: 604 Forumite
    First Anniversary Name Dropper First Post Photogenic
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    muppets wrote: »
    Would you like to keep #159 or would you like a new number?

    Happy to keep old number thanks
    My LBM May 2017, DH LBM July 2017- Total Debt (not Including Mortgage) £46444.23 :eek:
    £40773.61 /£46444.23 87.8% paid
  • EmmaMicawber
    EmmaMicawber Posts: 138 Forumite
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    Ah sorry, I didn't mean to upset you Muppets!
    Once I realised the March update figures you had posted didn't look quite right I was just sitting in my car playing around with the numbers and thought I'd share them on here in case anyone was interested. Sorry for any confusion, I didn't mean you should remove the inactive people, I thought it might be useful to also have a figure only counting currently active posters to know we're all on track.

    I'm sure that everyone knows I am definitely not running the thread and are grateful for your hard work but I'll make sure I start any other statistical musings with a clear disclaimer in future (though there probably won't be any once your spreadsheet is fixed anyway!).
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