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  • FIRST POST
    • kirtsypoos
    • By kirtsypoos 22nd Jan 17, 3:05 PM
    • 3,428Posts
    • 15,064Thanks
    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 263
    • yellowbees
    • By yellowbees 9th Aug 18, 11:05 PM
    • 7 Posts
    • 16 Thanks
    yellowbees
    Busy couple of days at work, and a spendy day today because I didn't prep any lunch or coffee, so just 1.13 for me today. Rounds down down the CC.

    Hoping that with PAD I can finally get this CC enough under the limit that next month the interest doesn't take me over the credit limit again. Last couple of months it's just felt like a bit of an endless cycle of paying of extra off, getting hit by interest and over-limit charges and ending up back at the same place.
    • sunshine81
    • By sunshine81 9th Aug 18, 11:08 PM
    • 1,291 Posts
    • 6,554 Thanks
    sunshine81
    Quick run in with 4!
    • dangerbadger
    • By dangerbadger 10th Aug 18, 7:36 AM
    • 200 Posts
    • 2,056 Thanks
    dangerbadger
    Morning all! A friend paid me back what she owed me, so 25 to the home renovation fund
    • sunshine81
    • By sunshine81 10th Aug 18, 7:39 AM
    • 1,291 Posts
    • 6,554 Thanks
    sunshine81
    Back again! 3 this morning!
    • squeeeek
    • By squeeeek 10th Aug 18, 8:30 AM
    • 276 Posts
    • 1,848 Thanks
    squeeeek
    Good morning all

    8.80 to family loan 1 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
    • lindez
    • By lindez 10th Aug 18, 8:36 AM
    • 316 Posts
    • 1,113 Thanks
    lindez
    Good Morning All
    small payment today please Jetcat 1.60 to cc3
    Thank you x
    Payment A Day Chapter 18:
    MFWB#44
    • ftbwannabe
    • By ftbwannabe 10th Aug 18, 9:57 AM
    • 184 Posts
    • 624 Thanks
    ftbwannabe
    Hi, 80.02 to student loans & credit cards today. Thanks!
    Last edited by ftbwannabe; 10-08-2018 at 10:44 AM.
    saving for house-buying costs 1475
    emergency fund 150//1330
    debts 1229.6/17,483 | Outstanding Debt: 16,253.40
    • IWILLgetthere
    • By IWILLgetthere 10th Aug 18, 2:13 PM
    • 89 Posts
    • 375 Thanks
    IWILLgetthere
    Hello everyone, what a horrible rainy, windy day.... come back summer!!
    Just another tiny 1 to Littlewoods for me today please.
    • jet9cat
    • By jet9cat 10th Aug 18, 3:18 PM
    • 1,596 Posts
    • 11,129 Thanks
    jet9cat
    Total for 9th August


    375.61
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • AdventureWanted
    • By AdventureWanted 10th Aug 18, 6:56 PM
    • 816 Posts
    • 2,304 Thanks
    AdventureWanted
    25 to CC3 today. Thanks.
    • squeeeek
    • By squeeeek 11th Aug 18, 5:15 AM
    • 276 Posts
    • 1,848 Thanks
    squeeeek
    Good morning all

    8.80 to family loan 1 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
    • sunshine81
    • By sunshine81 11th Aug 18, 7:22 AM
    • 1,291 Posts
    • 6,554 Thanks
    sunshine81
    Just 1.54 today x
    • AdventureWanted
    • By AdventureWanted 11th Aug 18, 8:14 AM
    • 816 Posts
    • 2,304 Thanks
    AdventureWanted
    3 to CC3 today. Thanks.
    • lindez
    • By lindez 11th Aug 18, 8:18 AM
    • 316 Posts
    • 1,113 Thanks
    lindez
    Morning all
    2.00 to cc 3
    Thank you Jetcat x
    Payment A Day Chapter 18:
    MFWB#44
    • erin_transport
    • By erin_transport 11th Aug 18, 11:55 AM
    • 658 Posts
    • 2,787 Thanks
    erin_transport
    Hi
    25 to OH cc
    25 to online savings
    50 total for me
    On a mission!

    2018 MFW #138
    • jet9cat
    • By jet9cat 11th Aug 18, 12:31 PM
    • 1,596 Posts
    • 11,129 Thanks
    jet9cat
    Happy weekend everyone, a great week for padding ends with a total for Friday 10th August of

    144.42
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • jet9cat
    • By jet9cat 11th Aug 18, 12:32 PM
    • 1,596 Posts
    • 11,129 Thanks
    jet9cat
    and today OH paid a further 1500 off the family loan
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • dangerbadger
    • By dangerbadger 11th Aug 18, 1:51 PM
    • 200 Posts
    • 2,056 Thanks
    dangerbadger
    Morning

    1.67 bank round down to savings today.
    • IWILLgetthere
    • By IWILLgetthere 11th Aug 18, 3:59 PM
    • 89 Posts
    • 375 Thanks
    IWILLgetthere
    Afternoon all - just bank round down of 0.84p to Littlewoods for me please
    • TheHappySnapper
    • By TheHappySnapper 11th Aug 18, 6:47 PM
    • 5 Posts
    • 20 Thanks
    TheHappySnapper
    Hello everyone! New to MSE but a long time lurker! Does anyone PAD to their mortgage? My ultimate goal is to be mortgage free, and can make payments online (as I'm sure many of us can!) wondered if anyone had ever done it with their mortgage and if their company said anything with regards to the small frequent additional payments.

    I'm trying a 28 step challenge, with the aim even if I make enough to pay off the mortgage I'd be happy, but thinking maybe PAD would reduce the interest etc?....
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