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  • FIRST POST
    • kirtsypoos
    • By kirtsypoos 22nd Jan 17, 3:05 PM
    • 3,423Posts
    • 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 205
    • sashanut
    • By sashanut 13th Mar 18, 10:57 PM
    • 2,828 Posts
    • 26,195 Thanks
    sashanut
    Hi all

    Popping in to PAD - £2 coin into VW campervan moneybox please Sunshine - tkyou!! Found another one whilst tidying up, so into the pot it goes!!
    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
    • A Random Man
    • By A Random Man 13th Mar 18, 11:41 PM
    • 192 Posts
    • 935 Thanks
    A Random Man
    Evening usual £5 pad for me today
    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
    • cufc_mike
    • By cufc_mike 13th Mar 18, 11:48 PM
    • 584 Posts
    • 3,131 Thanks
    cufc_mike
    £65.96 mortgage overpayment for me today please
    Make £500 May Challenge: £904.40 / £500 -> My Matched Betting Blog
    • LittleMissDetermined
    • By LittleMissDetermined 14th Mar 18, 6:24 AM
    • 2,066 Posts
    • 8,699 Thanks
    LittleMissDetermined
    Morning!

    £27.70 finance payment today please

    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...
    • AdventureWanted
    • By AdventureWanted 14th Mar 18, 7:17 AM
    • 544 Posts
    • 1,616 Thanks
    AdventureWanted
    Hi,

    Just a question from a YNABer - I'd like to do PAD in someway but use YNAB where ecvery dollar is given a job. Just wondered if anyone else YNAB and does PAD could tell me how they manage it?
    Thanks xx
    Originally posted by ramblehan
    Hi,
    I have a pad category in ynab which I budget a small amount for each month. Any additional pay I receive either through surveys or extra hours usually tops up my pad pot, which I'll use to pay off the debt or go into the emergency fund. Also at the end of the month I move any leftover money from each category into my pad fund for the following month or a last minute month end debt payment.
    • TheMsTeal
    • By TheMsTeal 14th Mar 18, 8:06 AM
    • 296 Posts
    • 1,081 Thanks
    TheMsTeal
    Morning! Loose change: 20p to cc.
    Debt Free Day Target: November 2018

    £2 Savers Club 2017: no 41
    • ahall3519
    • By ahall3519 14th Mar 18, 10:55 AM
    • 238 Posts
    • 810 Thanks
    ahall3519
    Good morning everyone! I forgot my OH's regular DD payment came out the other day so please put me down for £25 to his CC. So that now takes me over the 50% mark! Woo hoo!
    CC Debt 1 as of Apr 2016-£1008.07 As of 30th January 2017=100% paid

    CC Debt 2 as of Jan 2017-£1757.96 As of 2nd Jan 2018-100% paid

    OH's Sainsbury's CC total-£1189.53 debt=£450.93=62% paid
    • AdventureWanted
    • By AdventureWanted 14th Mar 18, 12:11 PM
    • 544 Posts
    • 1,616 Thanks
    AdventureWanted
    £5 paid to CC2 today please.
    • erin_transport
    • By erin_transport 14th Mar 18, 12:38 PM
    • 549 Posts
    • 2,458 Thanks
    erin_transport
    Hi
    £50 to cc
    Thanks
    On a mission!

    2018 MFW #138
    • sunshine81
    • By sunshine81 14th Mar 18, 8:20 PM
    • 1,060 Posts
    • 5,692 Thanks
    sunshine81
    £524.16 paid yesterday - great job!

    £10 for me today.
    • ahall3519
    • By ahall3519 14th Mar 18, 9:27 PM
    • 238 Posts
    • 810 Thanks
    ahall3519
    Good evening everyone! I'm back again. Traded some dvds, games, etc in so please put me down for £25 to the OH's CC. Thanks!
    CC Debt 1 as of Apr 2016-£1008.07 As of 30th January 2017=100% paid

    CC Debt 2 as of Jan 2017-£1757.96 As of 2nd Jan 2018-100% paid

    OH's Sainsbury's CC total-£1189.53 debt=£450.93=62% paid
    • RhiBi
    • By RhiBi 14th Mar 18, 9:47 PM
    • 579 Posts
    • 1,709 Thanks
    RhiBi
    £5 to Next today
    Virtual Sealed Pot 2018 #7 £173.69/£250
    • sashanut
    • By sashanut 14th Mar 18, 11:28 PM
    • 2,828 Posts
    • 26,195 Thanks
    sashanut
    Hi all

    Popping in to PAD - £11.10 pmt to cc please Sunshine - tkyou!!
    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
    • cufc_mike
    • By cufc_mike 14th Mar 18, 11:46 PM
    • 584 Posts
    • 3,131 Thanks
    cufc_mike
    £29.33 mortgage overpayment for me today
    Make £500 May Challenge: £904.40 / £500 -> My Matched Betting Blog
    • LittleMissDetermined
    • By LittleMissDetermined 15th Mar 18, 7:22 AM
    • 2,066 Posts
    • 8,699 Thanks
    LittleMissDetermined
    Morning!

    £30 for me today please

    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...
    • TheMsTeal
    • By TheMsTeal 15th Mar 18, 8:09 AM
    • 296 Posts
    • 1,081 Thanks
    TheMsTeal
    Morning! loose change: 37p to cc please!
    Debt Free Day Target: November 2018

    £2 Savers Club 2017: no 41
    • ramblehan
    • By ramblehan 15th Mar 18, 9:20 AM
    • 607 Posts
    • 1,246 Thanks
    ramblehan
    Hi,
    I have a pad category in ynab which I budget a small amount for each month. Any additional pay I receive either through surveys or extra hours usually tops up my pad pot, which I'll use to pay off the debt or go into the emergency fund. Also at the end of the month I move any leftover money from each category into my pad fund for the following month or a last minute month end debt payment.
    Originally posted by AdventureWanted
    Thank you. Very simple im going to start this from pay day thanks
    01/03/18: £21,270 DFD: Dec 2035
    2018 challenge - £191.31/£3,670 (5.2%) as of 25.05.18
    Sign up for YNAB via my link if you fancy it - thank you!
    • sunshine81
    • By sunshine81 15th Mar 18, 12:49 PM
    • 1,060 Posts
    • 5,692 Thanks
    sunshine81
    Afternoon!

    £188.33 paid yesterday - well done ahall3519 for passing 50% repayments and boosting your PAD!

    £67 for me today!
    • taskey
    • By taskey 15th Mar 18, 3:36 PM
    • 161 Posts
    • 458 Thanks
    taskey
    £10 to argos cars

    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 15th Mar 18, 4:50 PM
    • 579 Posts
    • 1,709 Thanks
    RhiBi
    £40 PADding for me!
    Virtual Sealed Pot 2018 #7 £173.69/£250
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