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  • FIRST POST
    • kirtsypoos
    • By kirtsypoos 22nd Jan 17, 3:05 PM
    • 3,426Posts
    • 15,048Thanks
    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 230
    • dg1019
    • By dg1019 14th May 18, 1:14 PM
    • 142 Posts
    • 713 Thanks
    dg1019
    7 to card 1 for me today.

    have happy mondays everyone.
    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 )
    • LittleMissDetermined
    • By LittleMissDetermined 14th May 18, 3:12 PM
    • 2,112 Posts
    • 8,877 Thanks
    LittleMissDetermined
    Hi everyone

    Sorry I have been awol... this weekend the house has turned into the money pit and we have been emergency DIY-ing! More will need to be spent I think to get things where they need to be

    For today, purse change to piglet of 1.94

    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...
    • erin_transport
    • By erin_transport 14th May 18, 10:26 PM
    • 629 Posts
    • 2,741 Thanks
    erin_transport
    Hi
    120 to OH cc
    Thanks
    On a mission!

    2018 MFW #138
    • jet9cat
    • By jet9cat 15th May 18, 6:28 AM
    • 1,585 Posts
    • 11,109 Thanks
    jet9cat
    Sorry to hear about the house LMD, they are expensive at the best of times, always something that needs doing but to have emergency DIY required is a bit drastic. Hope it all goes OK for you.

    Well done mike on the overpayments. If you can't overpay the mortgage again until August are you going to keep padding and if so what's next on the hit list?

    Nice to see you back TheMrsTeal.

    PAD for me today of 10 to the balance cc
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • AdventureWanted
    • By AdventureWanted 15th May 18, 7:01 AM
    • 743 Posts
    • 2,150 Thanks
    AdventureWanted
    10 to CC2 today. Thanks.
    • dg1019
    • By dg1019 15th May 18, 1:23 PM
    • 142 Posts
    • 713 Thanks
    dg1019
    Oh dear LMD. Hope it doesn't turn out to be too expensive!

    Today's PAD is another 7 to card 1.
    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 )
    • erin_transport
    • By erin_transport 15th May 18, 4:02 PM
    • 629 Posts
    • 2,741 Thanks
    erin_transport
    Hi

    88 to pension pot
    Thanks
    On a mission!

    2018 MFW #138
    • LittleMissDetermined
    • By LittleMissDetermined 15th May 18, 4:09 PM
    • 2,112 Posts
    • 8,877 Thanks
    LittleMissDetermined
    Thanks guys, hopefully not as bad as first thought but glad I have savings to dip into!

    My offering today is 2.40 bank round down to the credit card 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...
    • TheMsTeal
    • By TheMsTeal 15th May 18, 4:20 PM
    • 312 Posts
    • 1,102 Thanks
    TheMsTeal
    Token 50p to cc.
    Debt Free Day Target: November 2018

    2 Savers Club 2017: no 41
    • sunshine81
    • By sunshine81 15th May 18, 10:00 PM
    • 1,242 Posts
    • 6,391 Thanks
    sunshine81
    Sorry for AWOL! Just haven't had a moment to breathe.

    Sat: 58.26
    Sun 95.70
    Mon 310.88


    132 for me today.
    • cufc_mike
    • By cufc_mike 15th May 18, 10:14 PM
    • 585 Posts
    • 3,137 Thanks
    cufc_mike
    Well done mike on the overpayments. If you can't overpay the mortgage again until August are you going to keep padding and if so what's next on the hit list?
    Originally posted by jet9cat
    Thanks Jet - yeah, I've just opened a Lifetime ISA recently with Hargreaves Landown. I'm paying 25 a month into that, but need to up my payment because I have virtually no pension pot (aged 31 - not good!). Figured I'll start making additional payments into that instead. I think I can pay in something like 4,000 a year, but the government give you 25% of whatever you invest as a bonus.

    Made my first payment of 18.81 into there yesterday, and a further payment of 24.45 today.
    Make 500 May Challenge: 904.40 / 500 -> My Matched Betting Blog
    • jet9cat
    • By jet9cat 16th May 18, 6:20 AM
    • 1,585 Posts
    • 11,109 Thanks
    jet9cat
    You sound very clued up and organised mike.

    Paid 12.30 off today
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • LittleMissDetermined
    • By LittleMissDetermined 16th May 18, 7:35 AM
    • 2,112 Posts
    • 8,877 Thanks
    LittleMissDetermined
    Just a little 35p to piglet bank 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...
    • AdventureWanted
    • By AdventureWanted 16th May 18, 7:47 AM
    • 743 Posts
    • 2,150 Thanks
    AdventureWanted
    95 to CC2 today please.
    • TheMsTeal
    • By TheMsTeal 16th May 18, 8:56 AM
    • 312 Posts
    • 1,102 Thanks
    TheMsTeal
    Token 50p to cc.
    Debt Free Day Target: November 2018

    2 Savers Club 2017: no 41
    • erin_transport
    • By erin_transport 16th May 18, 1:06 PM
    • 629 Posts
    • 2,741 Thanks
    erin_transport
    Hi
    100 payment today To mortgage overpayments
    Thanks
    On a mission!

    2018 MFW #138
    • dg1019
    • By dg1019 16th May 18, 1:18 PM
    • 142 Posts
    • 713 Thanks
    dg1019
    7 to card 1 for me 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 16th May 18, 6:44 PM
    • 286 Posts
    • 1,048 Thanks
    lindez
    Hi all, 2.50 to cc3 thank you Sunshine x
    Payment A Day Chapter 18:
    MFWB#44
    • RhiBi
    • By RhiBi 16th May 18, 9:15 PM
    • 605 Posts
    • 1,756 Thanks
    RhiBi
    50 for me today
    Virtual Sealed Pot 2018 #7 297/350

    1 debt vs 100 days 323.72/1000
    • cufc_mike
    • By cufc_mike 16th May 18, 10:53 PM
    • 585 Posts
    • 3,137 Thanks
    cufc_mike
    You sound very clued up and organised mike.

    Paid 12.30 off today
    Originally posted by jet9cat
    Thanks Jet, I'd like to think I'm getting there....realisation set in that I have no pension and that I needed to sort something out quick. Getting the mortgage paid off will be a huge help, but I'd like to have some savings locked away somewhere too.

    21.06 today into the pot
    Make 500 May Challenge: 904.40 / 500 -> My Matched Betting Blog
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