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
    • 3,427Posts
    • 15,077Thanks
    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 262
    • AdventureWanted
    • By AdventureWanted 8th Aug 18, 6:51 AM
    • 909 Posts
    • 2,556 Thanks
    AdventureWanted
    130 dd payment to cc4 and 3.17 bank round down to CC3. So total of 133.17 for me today.
    • erin_transport
    • By erin_transport 8th Aug 18, 9:50 AM
    • 710 Posts
    • 2,963 Thanks
    erin_transport
    Hi
    24 to online savings
    Thanks
    On a mission!

    2018 MFW #138
    • sunshine81
    • By sunshine81 8th Aug 18, 12:22 PM
    • 1,341 Posts
    • 6,757 Thanks
    sunshine81
    15.95 for me today off a credit card!

    E x
    • ftbwannabe
    • By ftbwannabe 8th Aug 18, 12:24 PM
    • 209 Posts
    • 702 Thanks
    ftbwannabe
    99.99 to clear (!) CC3
    saving for house-buying costs 1902
    emergency fund 250//1330
    debts 1295/17,484 |
    • lindez
    • By lindez 8th Aug 18, 4:40 PM
    • 400 Posts
    • 1,616 Thanks
    lindez
    Hi all and welcome Jellybee's
    2.00 to cc3 today.
    Thank you Jetcat x
    Payment A Day Chapter 18:
    MFWB#44
    • squeeeek
    • By squeeeek 8th Aug 18, 5:20 PM
    • 276 Posts
    • 1,848 Thanks
    squeeeek
    Good evening all and welcome Yellowbees!

    Well done on paying off CC3 ftbwannabe

    228.80 to family loan 1 today please jetcat
    Family Loan 1 2200.00 0.00 Family Loan 2 750.00 0.00 MBNA 1967.00 1467.00 Lloyds Loan 10,000 6156.67 Mortgage 78,000 72949.39
    • IWILLgetthere
    • By IWILLgetthere 8th Aug 18, 6:48 PM
    • 89 Posts
    • 375 Thanks
    IWILLgetthere
    Hi All
    Just had a wonderful (almost free!) day on the beach hope you are all getting a chance to enjoy the summer x
    Just another tiny bank round down of 1.51 to Littlewoods for me please
    • IWILLgetthere
    • By IWILLgetthere 8th Aug 18, 6:51 PM
    • 89 Posts
    • 375 Thanks
    IWILLgetthere
    Welcome Yellowbees , it's great seeing your daily PADs slowly add up and your debt go down
    • jet9cat
    • By jet9cat 8th Aug 18, 7:47 PM
    • 1,605 Posts
    • 11,156 Thanks
    jet9cat
    Good evening everyone and welcome to yellowbees, I hope you find the encouragement and support on here just what you need to motivate you in your debt busting aims.

    And well done to ftbwannabee on clearing your cc - it's a great feeling to get rid of a debt and feel like you're making progress.

    Yesterday, between us we paid off 122.36
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • jet9cat
    • By jet9cat 8th Aug 18, 7:49 PM
    • 1,605 Posts
    • 11,156 Thanks
    jet9cat
    And my own PAD today is OH paying off another 180 off the family debt - this I will definitely be pleased to be rid off as I hate owing money to family.
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • dangerbadger
    • By dangerbadger 8th Aug 18, 10:17 PM
    • 209 Posts
    • 2,119 Thanks
    dangerbadger
    I've been reading this thread for the last few hours, and am utterly inspired by you all, so would love to join you in the hope that PADing will help me save the money required for some rather urgent home renovations!

    5 today to the home renovation fund
    • squeeeek
    • By squeeeek 9th Aug 18, 5:16 AM
    • 276 Posts
    • 1,848 Thanks
    squeeeek
    Morning all!
    Welcome dangerbadger PADing definitely helps to keep me focused!

    8.80 to family loan 1 please jetcat!- I also hate owing to family, I can't wait until my family loan is clear so I can breathe easy! It will feel amazing
    Family Loan 1 2200.00 0.00 Family Loan 2 750.00 0.00 MBNA 1967.00 1467.00 Lloyds Loan 10,000 6156.67 Mortgage 78,000 72949.39
    • redkelly
    • By redkelly 9th Aug 18, 9:03 AM
    • 203 Posts
    • 1,474 Thanks
    redkelly
    Morning All


    300.00 Payment for me today please :-)
    Payment a Day : Creation 1416.05 Cleared June 2017
    Capital One : 2169.37 Cleared May 2018
    M & S : 3207.29 Cleared May 2018
    First direct 4900.00 Cleared July 2018
    Next 2206 Cleared September 2018
    Capital One Platium 2800.00 Cleared November 2018
    • lindez
    • By lindez 9th Aug 18, 9:33 AM
    • 400 Posts
    • 1,616 Thanks
    lindez
    Hi all,
    Welcome Dangerbadger.
    4.00 to cc 3 and 2.00 to cc 2
    Total today 6.00
    Thank you Jetcat x
    Payment A Day Chapter 18:
    MFWB#44
    • dangerbadger
    • By dangerbadger 9th Aug 18, 10:35 AM
    • 209 Posts
    • 2,119 Thanks
    dangerbadger
    Thanks for the welcomes!

    2 to the home renovation fund today
    • AdventureWanted
    • By AdventureWanted 9th Aug 18, 11:49 AM
    • 909 Posts
    • 2,556 Thanks
    AdventureWanted
    7 to CC3 today please.
    • IWILLgetthere
    • By IWILLgetthere 9th Aug 18, 12:49 PM
    • 89 Posts
    • 375 Thanks
    IWILLgetthere
    Hello all and welcome dangerbadger
    Just a tiny 1 to Littlewoods for me today please
    • jet9cat
    • By jet9cat 9th Aug 18, 1:52 PM
    • 1,605 Posts
    • 11,156 Thanks
    jet9cat
    Welcome to dangerbadger - great to see so many newbies joining us lately

    Total for 8th August was 690.42
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • jet9cat
    • By jet9cat 9th Aug 18, 1:53 PM
    • 1,605 Posts
    • 11,156 Thanks
    jet9cat
    And paid 27.60 off my own cc today
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • erin_transport
    • By erin_transport 9th Aug 18, 3:20 PM
    • 710 Posts
    • 2,963 Thanks
    erin_transport
    Hi
    10 to online savings
    8.08 to cc
    18.08 for me today. Thanks
    On a mission!

    2018 MFW #138
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

1,132Posts Today

6,777Users online

Martin's Twitter
  • Today's Twitter poll: On Brexit, which is more important to you right now certainty or outcome. Ie would you prefe? https://t.co/En38QfRh3o

  • Many saying sexism or ego. My suspicion as someone who works in TV is that this is a format point. I'd think whe? https://t.co/AXfrv5YqKA

  • I do always ponder when watching apprentice why Lord Sugar is "Lord Sugar" but Baroness Bradey is Karen. #bbctheapprentice

  • Follow Martin