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    • Sassers
    • By Sassers 30th Nov 09, 11:44 AM
    • 1,254 Posts
    • 8,113 Thanks
    Sassers
    • #2
    • 30th Nov 09, 11:44 AM
    • #2
    • 30th Nov 09, 11:44 AM
    Hi there
    Most definitely Pay A Debt A Day - known as PAD and very very addictive! Just see my sig.....and I've only been padding since the beginning of September!
    Love Sassers x
    Current debt and mortgage: £26, 411 Debt/Mortgage at start: £92,598 (27/09/2010) Paid off so far: £66, 187
    • fermi
    • By fermi 30th Nov 09, 11:46 AM
    • 39,602 Posts
    • 47,572 Thanks
    fermi
    • #3
    • 30th Nov 09, 11:46 AM
    • #3
    • 30th Nov 09, 11:46 AM
    Definitely PAD.

    Last time I looked, it seemed as if they were going to get close to 1/2 £million paid off by the end of the year.
    I'm a Board Guide on the Debt-Free Wannabe, Bankruptcy, Credit Cards and Loans boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Any views are mine and not the official line of moneysavingexpert.com. Board guides are not moderators. If you spot an inappropriate or illegal post then please report it to forumteam@moneysavingexpert.com

    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
    • Buffythedebtslayer
    • By Buffythedebtslayer 30th Nov 09, 11:53 AM
    • 15,337 Posts
    • 51,364 Thanks
    Buffythedebtslayer
    • #4
    • 30th Nov 09, 11:53 AM
    • #4
    • 30th Nov 09, 11:53 AM
    The living on 4000 a year is amazing, and the payment a day is good too. I also do the sealed pot thing, that is handy.

    Pap has recently started to run 1 debt v 100 days which has really focussed me the most to pay off my CC debt, plus the other give up XYZ for hundred days (cured me of magazines!)

    Good luck with your challenges!

    xx
    Frugal Living Challenge, Pound a Day challenge, Sealed Pot Challenge Debt 4990 (March)
    • JES_F1
    • By JES_F1 30th Nov 09, 8:20 PM
    • 671 Posts
    • 1,425 Thanks
    JES_F1
    • #5
    • 30th Nov 09, 8:20 PM
    • #5
    • 30th Nov 09, 8:20 PM
    If you've got some stuff to sell, especially books, CDs, DVDs, and videos, try the Make £10 a Day Challenge.
    Debt Jan 2008: £45,566. *** June 2013: DEBT FREE! ***
    Paid back just under £50,000 due to some interest added.

    Dealt with my debt through a Step Change
    (CCCS) DMP.
    DMP Mutual Support Thread Member #240.
    • Horace
    • By Horace 30th Nov 09, 9:04 PM
    • 14,111 Posts
    • 24,783 Thanks
    Horace
    • #6
    • 30th Nov 09, 9:04 PM
    • #6
    • 30th Nov 09, 9:04 PM
    the Make £10 a day challenge is just brilliant..you only need to look at my sig for that although there are folks who have done better than me. Also the No Spend Day Challenge is also good (NSD).
    Semper in faeces profundum variat

    Make £5 a day challenge Oct 2014 £126.00/£155
    Make £5 a day challenge Nov 2014 £157.40/£150
    Make £10 a day challenge Dec 2014 £392.90/£310
    • mooomin
    • By mooomin 30th Nov 09, 11:21 PM
    • 13,655 Posts
    • 134,514 Thanks
    mooomin
    • #7
    • 30th Nov 09, 11:21 PM
    • #7
    • 30th Nov 09, 11:21 PM
    I'm all about the PAD challenge We have paid off £400,000 of collective debt this year so far!
    Comping again


    Wins this year: - two night trip to Belgium, £100 Gett taxi credit, tickets to Newcastle game, FIFA 2016 for PS4, stitch markers, Cumberstitching book
  • SarahNeedle1872
    • #8
    • 1st Dec 09, 12:03 AM
    • #8
    • 1st Dec 09, 12:03 AM
    Another vote for PAD here... a stealthy way of paying down debts. And the NSD challenge has been brilliant for me because its really made me think about spending BEFORE I spend rather than after

    Sx
    'We are all in the gutter, but some of us are looking at the stars' - Oscar Wilde
    • frosty
    • By frosty 1st Dec 09, 9:24 AM
    • 1,153 Posts
    • 2,167 Thanks
    frosty
    • #9
    • 1st Dec 09, 9:24 AM
    • #9
    • 1st Dec 09, 9:24 AM
    Hi,On the 1/1/09 I started putting any £1 coins I had into a savings tin the one you can only open with a tin opener.Last night I decided to open it and count it up and was amazed to find there was £979.00,I didnt miss the money and cant wait for christmas because my mother has got me a larger tin as a christmas present,so I will be ready for Jan 1st.
    • Pippilongstocking
    • By Pippilongstocking 1st Dec 09, 9:30 AM
    • 15,009 Posts
    • 99,155 Thanks
    Pippilongstocking
    PAD's definitely!!!! although I always forget to post mine - am I allowed to to a massive post at the end of the year??
    Overdraft 1 £1000/£0, Overdraft 2 £1000/£1000 , Cancelled
    Credit Card 1 = £0, Credit Card 2 £2710.57/925
    Total Debt as of 6/8/2017 £5755.40 eek:
    Total debt 26/4/18 <£1925
  • Little Vics
    this is all really good stuff! How does PAD work - can someone post a link?
  • SarahNeedle1872
    http://forums.moneysavingexpert.com/showthread.html?p=27421453#post27421453

    come on in, the water's lovely!

    Sx
    'We are all in the gutter, but some of us are looking at the stars' - Oscar Wilde
    • Dumbledore55
    • By Dumbledore55 1st Dec 09, 7:13 PM
    • 1,358 Posts
    • 1,737 Thanks
    Dumbledore55
    OH and I are thinking of setting ourselves some challenges for next year, but there are so many to chose from! We wondered what your most successful one for 2009 had been and which you'll be doing again? It might help us figure out what to do!
    Originally posted by Little Vics
    I think you need to tailor your challenge to your own personal circumstances. For example, there's not much point in going for the Mortgage Free challenge if you've got credit card debts. Also what motivates you most - if you're motivated it will be so much easier for you.

    Whatever you decide, good luck and follow all the simple advice on here and believe me it really works and far quicker than you would ever think.
    • Katy83
    • By Katy83 1st Dec 09, 7:54 PM
    • 528 Posts
    • 1,827 Thanks
    Katy83
    Definitely the NSD challenge - it really prompts you to ask, do I need it, can it wait?
    LBM 17th August 2009 Debt at LBM £18,612 Proud to be dealing with my debts.
  • Little Vics
    fab! We've signed up for the sealed pot, and are normally pretty good at nsd anyway so might just keep a tally to motivate us. DFD is about 5 years away, but really want to bring it sooner! Thanks heaps for all your comments.
    • Sassers
    • By Sassers 4th Dec 09, 10:10 AM
    • 1,254 Posts
    • 8,113 Thanks
    Sassers
    PAD's definitely!!!! although I always forget to post mine - am I allowed to to a massive post at the end of the year??
    Originally posted by fayjmck

    Ooooh go on I dare you! That would be hilarious!
    Current debt and mortgage: £26, 411 Debt/Mortgage at start: £92,598 (27/09/2010) Paid off so far: £66, 187
    • euronorris
    • By euronorris 4th Dec 09, 10:48 AM
    • 10,040 Posts
    • 46,822 Thanks
    euronorris
    I'm another believer in PADding too!

    It really helped to focus me and encourage me to think about whether I really need something, or do I just want it.

    But, as someone has said before, you need to tailor it to yourself. Find the challenge that works best for you.

    There's no harm in trying a few different challenges. Then, if something doesn't really work for you, you can just stop.
    November wins: 20p Quidco, Cadbury World Family Ticket
    • Queen.Bess
    • By Queen.Bess 4th Dec 09, 10:48 AM
    • 1,051 Posts
    • 1,289 Thanks
    Queen.Bess
    For me, the Money Neutral Gift challenge and also the £100 clothing challenge have been the most succesful.

    For the gift challenge I had to make/earn enough money to cover all gifts for birthdays/Xmas this year. I kept a spreadsheet of gifts bought and money earnt and so far I've made £180+ and spent £110 ish! I also recycled presents and used clubcard/nectar points to make purchases too. I intend to do it again next year as it's been so succesful!

    The £100 clothes challenge was to spend no more than £100 on clothes for the whole year. I've spent less than £25! This is through make do and mend, having clothes given to me as gifts and hand me downs from my SIL! Makes you think whether you really need that new top or boots!

    Good Luck on whatever challenges you decide on!
    Official DFW Nerd Club #20 Proud To Be Dealing With My Debts DFW Long Hauler #109

    Slowly, Slowly = Oct '09: £30693, Aug '15: £14820. Could Be Debt Free April 2020, but hoping for sooner!
  • SarahNeedle1872
    For me, the Money Neutral Gift challenge and also the £100 clothing challenge have been the most succesful.

    For the gift challenge I had to make/earn enough money to cover all gifts for birthdays/Xmas this year. I kept a spreadsheet of gifts bought and money earnt and so far I've made £180+ and spent £110 ish! I also recycled presents and used clubcard/nectar points to make purchases too. I intend to do it again next year as it's been so succesful!

    The £100 clothes challenge was to spend no more than £100 on clothes for the whole year. I've spent less than £25! This is through make do and mend, having clothes given to me as gifts and hand me downs from my SIL! Makes you think whether you really need that new top or boots!

    Good Luck on whatever challenges you decide on!
    Originally posted by Queen.Bess

    Ooo I like the sound of the Money Neutral challeng QB, which board is it on?

    Sx
    'We are all in the gutter, but some of us are looking at the stars' - Oscar Wilde
  • Debt Free Dreamer
    Payment a Day - I tend to dip in and out of this thread. But it makes a massive difference when I am in.
    I want to be credit card and loan free by Christmas 2010
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