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  • FIRST POST
    • kirtsypoos
    • By kirtsypoos 22nd Jan 17, 3:05 PM
    • 3,427Posts
    • 15,051Thanks
    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 228
    • dg1019
    • By dg1019 8th May 18, 7:48 AM
    • 142 Posts
    • 713 Thanks
    dg1019
    Morning all.

    2 to card 1 today.
    LBM 24/07/17
    02/06/18: CC1=2850.94 CC2=4454.08 CC3=2333.58 CC4=2642.19 OD=500 Total=12780.79 / 11763.90 (-8.64% repaid )
    • lindez
    • By lindez 8th May 18, 8:09 AM
    • 287 Posts
    • 1,049 Thanks
    lindez
    Morning all 5.00 to cc3 today. Thank you Sunshine x
    Payment A Day Chapter 18:
    MFWB#44
    • erin_transport
    • By erin_transport 8th May 18, 8:18 AM
    • 630 Posts
    • 2,742 Thanks
    erin_transport
    Morning
    58 to cc
    18 to mortgage over payment
    76 total. Thanks
    On a mission!

    2018 MFW #138
    • LittleMissDetermined
    • By LittleMissDetermined 8th May 18, 9:16 AM
    • 2,112 Posts
    • 8,877 Thanks
    LittleMissDetermined
    Morning!

    300 to the credit card for me today please

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

    1000 EF Challenge #142 800/1000 ... 3-6Mth Wages Challenge #4 7520.80/7129...
    • sunshine81
    • By sunshine81 8th May 18, 11:59 AM
    • 1,242 Posts
    • 6,395 Thanks
    sunshine81
    133.31 was PADded on the glorious Bank Holiday! Nice job!

    35 for me today... I feel like I'm on a hamster wheel....

    Have a good one!

    E x
    • RhiBi
    • By RhiBi 8th May 18, 6:31 PM
    • 605 Posts
    • 1,756 Thanks
    RhiBi
    5 again today!
    Virtual Sealed Pot 2018 #7 297/350

    1 debt vs 100 days 323.72/1000
    • AdventureWanted
    • By AdventureWanted 8th May 18, 6:52 PM
    • 743 Posts
    • 2,151 Thanks
    AdventureWanted
    3 to CC2 today.
    • cufc_mike
    • By cufc_mike 8th May 18, 11:39 PM
    • 585 Posts
    • 3,137 Thanks
    cufc_mike
    26.68 mortgage overpayment today

    Another month knocked off the end term, now 23 months! By the end of May, I'll have reduced my mortgage term by 2 years by PAD'ing (in just 5 month too)! Wish I'd found MSE earlier!! I've saved nearly 1,700 in interest in the process too.
    Last edited by cufc_mike; 08-05-2018 at 11:42 PM.
    Make 500 May Challenge: 904.40 / 500 -> My Matched Betting Blog
    • LittleMissDetermined
    • By LittleMissDetermined 9th May 18, 6:16 AM
    • 2,112 Posts
    • 8,877 Thanks
    LittleMissDetermined
    Morning all

    Well done cufc_mike for shortening the term and savings all that interest!

    My PAD today is 16.28 have a good day!

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

    1000 EF Challenge #142 800/1000 ... 3-6Mth Wages Challenge #4 7520.80/7129...
    • jet9cat
    • By jet9cat 9th May 18, 6:50 AM
    • 1,585 Posts
    • 11,109 Thanks
    jet9cat
    Wow, Mike, that's fantastic and truly inspirational.

    Just a little 7 off the balance cc for me today please Sunshine
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • dg1019
    • By dg1019 9th May 18, 7:38 AM
    • 142 Posts
    • 713 Thanks
    dg1019
    Great going cufc_mike!


    new statement from card 1 so it's 75 to them today.
    LBM 24/07/17
    02/06/18: CC1=2850.94 CC2=4454.08 CC3=2333.58 CC4=2642.19 OD=500 Total=12780.79 / 11763.90 (-8.64% repaid )
    • AdventureWanted
    • By AdventureWanted 9th May 18, 7:55 AM
    • 743 Posts
    • 2,151 Thanks
    AdventureWanted
    130 dd payment to CC4 and 1.50 to CC2, so total of 131.50 for me today.
    • lindez
    • By lindez 9th May 18, 8:53 AM
    • 287 Posts
    • 1,049 Thanks
    lindez
    Good Morning all, well done Mike. 5.00 to cc3 today thank you Sunshine x
    Payment A Day Chapter 18:
    MFWB#44
    • erin_transport
    • By erin_transport 9th May 18, 4:19 PM
    • 630 Posts
    • 2,742 Thanks
    erin_transport
    Hi
    2 to online savings
    Thanks
    On a mission!

    2018 MFW #138
    • sunshine81
    • By sunshine81 9th May 18, 10:49 PM
    • 1,242 Posts
    • 6,395 Thanks
    sunshine81
    Late drop in sorry!

    Yesterday collective: 533.42 great going!

    Me today: 3.97
    • jet9cat
    • By jet9cat 10th May 18, 6:47 AM
    • 1,585 Posts
    • 11,109 Thanks
    jet9cat
    3 scraped off to OH's cc today please sunshine
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • LittleMissDetermined
    • By LittleMissDetermined 10th May 18, 6:49 AM
    • 2,112 Posts
    • 8,877 Thanks
    LittleMissDetermined
    Morning!
    5.77 for me today please sunshine

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

    1000 EF Challenge #142 800/1000 ... 3-6Mth Wages Challenge #4 7520.80/7129...
    • dg1019
    • By dg1019 10th May 18, 7:15 AM
    • 142 Posts
    • 713 Thanks
    dg1019
    4 to card 1 today please sunshine
    LBM 24/07/17
    02/06/18: CC1=2850.94 CC2=4454.08 CC3=2333.58 CC4=2642.19 OD=500 Total=12780.79 / 11763.90 (-8.64% repaid )
    • lindez
    • By lindez 10th May 18, 11:22 AM
    • 287 Posts
    • 1,049 Thanks
    lindez
    Morning all, 5.86 to cc3 today. Thank you Sunshine x
    Payment A Day Chapter 18:
    MFWB#44
    • sunshine81
    • By sunshine81 10th May 18, 9:38 PM
    • 1,242 Posts
    • 6,395 Thanks
    sunshine81
    Evening! Total paid yesterday is a none too shabby 240.75!

    Me today: 125.
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