Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • kirtsypoos
    • By kirtsypoos 22nd Jan 17, 3:05 PM
    • 3,421Posts
    • 14,977Thanks
    kirtsypoos
    Payment A Day Chapter 18
    • #1
    • 22nd Jan 17, 3:05 PM
    Payment A Day Chapter 18 22nd Jan 17 at 3:05 PM
    *The principles of PADding*

    Emily Hallett started a fantastic thread called 'a payment a day' which you can find via going to this webpage (sorry it won't work for me right now)

    The thread is extremely supportive and friendly, with lots of madness and smileys to boot! It is ever increasing, which is why having hit 200 pages, challenge is continuing on a brand new thread.

    The principle of the idea is that you pay any extra money you have against a debt to clear it a little bit quicker. Not everyone makes a daily payment, but instead they save money to make a lump sum at the end of the month. You can do it anyway you want to, but join the thread and let us know how you are getting on.

    Some PaD-ers have cleared their debts and are now focusing on saving following the same principal, so they still post on the thread. Anyone is welcome to join in at anytime.

    Best wishes to everyone

    PS. Here are the rules


    *The Rules*
    1) To assist the monthly 'counter-upper' please post your PaD in Bold, colour, large, or all three
    2) Once you join, you cannot leave

    Total for our Latest Month (May 2016) was:
    11,278.15 (Thanks Bobarella for being Mays counter Upper )
    June 2016:
    27,734.49
    July 2016:
    24,284.13
    August 2016:
    30,740.14
    September 2016:
    27,504.99
    October 2016:
    14,546.08
    November 2016:
    7,661.39
    December 2016:
    4541.33

    Total for 2016
    240,681.72


    January 2017 - Huge thank you to Keedie for keeping tabs
    13,746.74

    Feb 2017 - Keedie doing the honours
    7,930.50

    March 2017 - Huge thanks to Mandz
    15,192.39

    April 2017
    18,117.88

    May 2017
    12,909.60

    June 2017
    15,548.01

    July 2017
    10983.76

    August 2017
    13,640.17

    September 2017
    12303.59

    October 2017
    11,151.91

    November 2017
    14,979.38

    December 2017
    11018.76

    Total for 2017
    157,522.69


    January 2018

    28,031.72

    February 2018

    12,993.43

    March 2018

    15,742.14
    Last edited by kirtsypoos; 02-04-2018 at 8:12 PM.
    PAID VERY, Barclaycard x3, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Original Debt: 0/31010.23 (100% paid)
    Mortgage - 158.500.00 (2017/2018 O/P 3491.79) PAYDBX 17 - 18,442.82
    PAYDBX 18 #006 3850.92/4000
Page 170
    • mandz1
    • By mandz1 11th Jan 18, 10:12 AM
    • 2,548 Posts
    • 11,090 Thanks
    mandz1
    Morning all 50 to cc1
    PAD Maker
    • Picklepot
    • By Picklepot 11th Jan 18, 11:42 AM
    • 304 Posts
    • 4,237 Thanks
    Picklepot
    34p
    today please x
    • kirtsypoos
    • By kirtsypoos 11th Jan 18, 12:22 PM
    • 3,421 Posts
    • 14,977 Thanks
    kirtsypoos
    Afternoon all,

    74.99 for me today to car loan OP and CC
    PAID VERY, Barclaycard x3, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Original Debt: 0/31010.23 (100% paid)
    Mortgage - 158.500.00 (2017/2018 O/P 3491.79) PAYDBX 17 - 18,442.82
    PAYDBX 18 #006 3850.92/4000
    • sunshine81
    • By sunshine81 11th Jan 18, 12:34 PM
    • 1,070 Posts
    • 5,716 Thanks
    sunshine81
    321.40 for me today!
    • taskey
    • By taskey 11th Jan 18, 1:44 PM
    • 161 Posts
    • 458 Thanks
    taskey
    5 to next for me please


    Thanks
    1 a day for Xmas 2018 #9 130 9/4/18 | 2 savers club #11 32| 50p's #4 30 bagged 6 loose
    • RhiBi
    • By RhiBi 11th Jan 18, 4:20 PM
    • 581 Posts
    • 1,715 Thanks
    RhiBi
    5 to Next for me please
    Virtual Sealed Pot 2018 #7 173.69/250
    • mumofthetwins
    • By mumofthetwins 11th Jan 18, 4:26 PM
    • 1,038 Posts
    • 4,021 Thanks
    mumofthetwins
    15 off for me today .. yay
    DFW
    June 1280/19500 Murphy 500/500
    May 3085/23042
    April 1266.27/25843.54 STF 1500/1500
    MFW OP 2018 400
    • jet9cat
    • By jet9cat 11th Jan 18, 6:50 PM
    • 1,472 Posts
    • 10,643 Thanks
    jet9cat
    I've done it!
    I've done it - not unfortunately become debt free but the second part of the plan I started at end of last year has happened and it all feels like it is finally on the last lap. Just before Christmas I closed one of my credit cards that I had been keeping open but dormant in case I needed it to do a balance transfer as one of my other cards was running out of 0% this month. As, if all went to plan, I wouldn't need it I took the plunge and closed it - so that was part one of the plan. Part 2 was to get the balance on the card that was about to start charging interest moved to balance cc2 having negotiated an increase in the credit limit and a new 18 month 0% deal to do it. It's been going through this week which is why I haven't padded for a few days, not wanting to mess things up. So now finally all the balance debt is in one place on 0% interest and I have 18 months to clear just over 3500, which averages just under 200 per month. Going to be tough but I really need to do this. Not all my pads go to this as I tend to include payments towards my spendy card when it's clearing one-off charges so they don't create a new debt but don't include payments to clear my normal monthly spend on groceries, hair cuts etc that I use the card for because of cashback.

    Anyway, sorry for going on but I definitely feel like this is the beginning of the end and you lot on here are the best people to share it with as you understand where I'm coming from more than most people in RL.
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • A Random Man
    • By A Random Man 11th Jan 18, 7:00 PM
    • 192 Posts
    • 935 Thanks
    A Random Man
    2474.97 to credit card 2
    Last edited by A Random Man; 11-01-2018 at 7:03 PM.
    Total Debt 1st Jan 13100/11423.30 (12.79% Paid)
    Make 10 A Day In April (Matched Betting) 750/190.87
    Make 10 A Day In April (eBay) 300/1.85
    Payment A Day total: 444.19
    Halifax Credit Card, Tesco Credit Card, Barclaycard, Hitachi Loan
    • erin_transport
    • By erin_transport 11th Jan 18, 10:31 PM
    • 551 Posts
    • 2,466 Thanks
    erin_transport
    Keep going jetcat - the end is in sight

    Tonight just a small pad of 3 to online savings
    On a mission!

    2018 MFW #138
    • sashanut
    • By sashanut 11th Jan 18, 11:54 PM
    • 2,835 Posts
    • 26,257 Thanks
    sashanut
    Hi all

    Popping in to PAD 2.00 - 1 x 2 coin into VW campervan moneybox - tks LMD

    Great News Jet!!:
    New start JAN15 - NOT BUYING IT 2015 . Long haul DFW #145 : 2011 DEBTBUSTING : 5500 OD GONE, 2000 OD - GONE 93,610.30 cc & loan debt - GONE 27.6.14 FINALLY DEBT & MORTGAGE FREE
    • jet9cat
    • By jet9cat 12th Jan 18, 6:23 AM
    • 1,472 Posts
    • 10,643 Thanks
    jet9cat
    So onwards and upwards with a PAD today of 5 to the balance cc please LMD
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • Iheart
    • By Iheart 12th Jan 18, 6:26 AM
    • 141 Posts
    • 757 Thanks
    Iheart
    Well done Jet - you will get there!

    6.18 payment for yesterday and 1 for today please LMD.
    SPC11 #33
    Time to slay the loan one PAD at a time 851.46/4947.40
    • LittleMissDetermined
    • By LittleMissDetermined 12th Jan 18, 8:10 AM
    • 2,068 Posts
    • 8,702 Thanks
    LittleMissDetermined
    Apologies that I'm late today, I have that Friday feeling


    A Storming day (no small thanks to A Random Man) with a total for Thursday 11th January of

    3094.80

    Big congrats to jetcat for reaching a milestone yesterday and many thanks to everyone who is contributing in this traditionally tight month. No matter whether pennies or thousands of pounds, it all adds up and makes a difference.
    Well done everyone!
    Life gets in the way...PADding is addictive... Saving's better than spending...

    1000 EF Challenge #142 1000/1000 ... 3-6Mth Wages Challenge #4 7520.80/7129...
    • LittleMissDetermined
    • By LittleMissDetermined 12th Jan 18, 8:13 AM
    • 2,068 Posts
    • 8,702 Thanks
    LittleMissDetermined
    Just a small contribution from me today of 1.60 bank round down to the credit card

    LMD x
    Life gets in the way...PADding is addictive... Saving's better than spending...

    1000 EF Challenge #142 1000/1000 ... 3-6Mth Wages Challenge #4 7520.80/7129...
    • Picklepot
    • By Picklepot 12th Jan 18, 9:04 AM
    • 304 Posts
    • 4,237 Thanks
    Picklepot
    34.39
    regular payment for me today please
    • kirtsypoos
    • By kirtsypoos 12th Jan 18, 9:27 AM
    • 3,421 Posts
    • 14,977 Thanks
    kirtsypoos
    Congrats jet, here's to the final hurdle

    7 for me today please LMD
    PAID VERY, Barclaycard x3, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Original Debt: 0/31010.23 (100% paid)
    Mortgage - 158.500.00 (2017/2018 O/P 3491.79) PAYDBX 17 - 18,442.82
    PAYDBX 18 #006 3850.92/4000
    • Calling14
    • By Calling14 12th Jan 18, 9:55 AM
    • 2,719 Posts
    • 19,808 Thanks
    Calling14
    3 for me today.

    Have a great weekend everyone.
    LBM 13039 1.1.13 Start 2018 5552 NOW 2700
    EEK house repairs pushed it back up end of last yr

    PAYDBX 2018 #16 2852/5552 DFD 12/18
    E
    Fund #9 120/1,000
    1 x 100 days challenge
    1327/2550

    • TheMsTeal
    • By TheMsTeal 12th Jan 18, 10:15 AM
    • 297 Posts
    • 1,084 Thanks
    TheMsTeal
    Well done jet9cat! It's great when plans work out!
    My pad today is a token 50p to cc.
    Debt Free Day Target: November 2018

    2 Savers Club 2017: no 41
    • mandz1
    • By mandz1 12th Jan 18, 10:56 AM
    • 2,548 Posts
    • 11,090 Thanks
    mandz1
    well done jet9cat


    just 11.81 to very today please
    PAD Maker
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

91Posts Today

2,284Users online

Martin's Twitter
  • Ah these care free days of watching #ENG score 5 goals in the first half of a World Cup match. It reminds me of... Never.

  • Then it should be. It's not some accident. It's deliberate grappling https://t.co/UxVTuUSNio

  • Penalty yes but time someone was sent off for these wrestling moves #WorldCup

  • Follow Martin