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  • FIRST POST
    • kirtsypoos
    • By kirtsypoos 22nd Jan 17, 3:05 PM
    • 3,427Posts
    • 15,071Thanks
    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 287
    • lindez
    • By lindez 4th Nov 18, 10:39 AM
    • 348 Posts
    • 1,250 Thanks
    lindez
    Morning all
    6.50 to cc today.
    Thank you Sunshine x
    Payment A Day Chapter 18:
    MFWB#44
    • erin_transport
    • By erin_transport 4th Nov 18, 5:19 PM
    • 685 Posts
    • 2,858 Thanks
    erin_transport
    Hi
    100 to cc replace some spends I had to put on it.
    One step forward one step backward- should be able to make a bit of forward motion to it next week with quite a few eBay sales about to complete.
    On a mission!

    2018 MFW #138
    • lindez
    • By lindez 5th Nov 18, 1:23 PM
    • 348 Posts
    • 1,250 Thanks
    lindez
    3.00 today please Sunshine to cc.
    Thank you x
    Payment A Day Chapter 18:
    MFWB#44
    • ahall3519
    • By ahall3519 5th Nov 18, 9:10 PM
    • 245 Posts
    • 825 Thanks
    ahall3519
    Good evening everyone! Please put me down for 5 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=378.28=68% paid
    • sunshine81
    • By sunshine81 5th Nov 18, 9:54 PM
    • 1,322 Posts
    • 6,661 Thanks
    sunshine81
    Evening!

    Yesterday was PAD'ded a total of 212.50

    47 for me tonight!
    • redkelly
    • By redkelly 5th Nov 18, 10:01 PM
    • 203 Posts
    • 1,472 Thanks
    redkelly
    Hello All

    Massive Payments over the last two months (Bit of luck on my parts as well)

    Finally paid off Capital one 2300.00 Payment for me :-)
    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
    • sunshine81
    • By sunshine81 6th Nov 18, 12:41 PM
    • 1,322 Posts
    • 6,661 Thanks
    sunshine81
    Yay, yesterday we PAD'ded 2355! Amazing PAD redkelly that's really going to make a difference! Does that mean you are debt free now??

    23 for me today!
    Last edited by sunshine81; 06-11-2018 at 12:43 PM.
    • erin_transport
    • By erin_transport 6th Nov 18, 2:48 PM
    • 685 Posts
    • 2,858 Thanks
    erin_transport
    Well done red Kelly
    Today my pad is 50 from yougov cashout (finally) to mortgage over payment.
    Thanks
    On a mission!

    2018 MFW #138
    • lindez
    • By lindez 7th Nov 18, 3:08 PM
    • 348 Posts
    • 1,250 Thanks
    lindez
    Hi all
    25.00 to cc 1 D/D
    100.00 to cc 2 D/D
    total 125.00 today
    Thank you Sunshine x
    Payment A Day Chapter 18:
    MFWB#44
    • erin_transport
    • By erin_transport 7th Nov 18, 9:25 PM
    • 685 Posts
    • 2,858 Thanks
    erin_transport
    Hi
    20 to online savings
    18 to mortgage over payment
    38 total for me today. Thanks
    On a mission!

    2018 MFW #138
    • sunshine81
    • By sunshine81 7th Nov 18, 10:15 PM
    • 1,322 Posts
    • 6,661 Thanks
    sunshine81
    38 for me today too erin_transport

    73 between us yesterday x
    • redkelly
    • By redkelly 8th Nov 18, 7:53 AM
    • 203 Posts
    • 1,472 Thanks
    redkelly
    Yay, yesterday we PAD'ded 2355! Amazing PAD redkelly that's really going to make a difference! Does that mean you are debt free now??

    23 for me today!
    Originally posted by sunshine81
    Yes Sunsine I am totally debt free no credit cards and no mortgage

    And its all thanks to the help of this website and mostly this thread, so thank you all x
    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
    • Mummy_bear
    • By Mummy_bear 8th Nov 18, 8:02 AM
    • 434 Posts
    • 1,374 Thanks
    Mummy_bear
    Morning,

    Want to get back into recording my pads.

    Can I clarify if it's every payment or just every payment over the minimum payment per debt?

    Thanks
    My LBM May 2017, DH LBM July 2017- Total Debt (not Including Mortgage) 46444.23
    16600.19/46444.23 35.74% paid
    • erin_transport
    • By erin_transport 8th Nov 18, 4:39 PM
    • 685 Posts
    • 2,858 Thanks
    erin_transport
    Hi
    Well done red Kelly! Delighted for you.
    Today 20 to cc and 20 to online savings
    40 total. Thanks
    On a mission!

    2018 MFW #138
    • lindez
    • By lindez 8th Nov 18, 5:52 PM
    • 348 Posts
    • 1,250 Thanks
    lindez
    Hi all
    3.64 today to cc.
    Thank you Sunshine x
    Payment A Day Chapter 18:
    MFWB#44
    • Mummy_bear
    • By Mummy_bear 9th Nov 18, 9:58 AM
    • 434 Posts
    • 1,374 Thanks
    Mummy_bear
    Well I've decided I'll document everything above my minimum payments.

    So today I've paid 1.50 to a CC
    My LBM May 2017, DH LBM July 2017- Total Debt (not Including Mortgage) 46444.23
    16600.19/46444.23 35.74% paid
    • erin_transport
    • By erin_transport 9th Nov 18, 10:22 AM
    • 685 Posts
    • 2,858 Thanks
    erin_transport
    Morning
    12 to cc
    Thanks
    On a mission!

    2018 MFW #138
    • Mummy_bear
    • By Mummy_bear 9th Nov 18, 12:52 PM
    • 434 Posts
    • 1,374 Thanks
    Mummy_bear
    Another 3 paid off a CC ...now that card is cleared
    My LBM May 2017, DH LBM July 2017- Total Debt (not Including Mortgage) 46444.23
    16600.19/46444.23 35.74% paid
    • jet9cat
    • By jet9cat 9th Nov 18, 8:20 PM
    • 1,602 Posts
    • 11,139 Thanks
    jet9cat
    Just popping in to congratulate redkelly on your debt clearance - that must feel fantastic

    Mummybear - I don't think there's hard and fast rules but I always included all payments as it was all going to debt clearance
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • Mummy_bear
    • By Mummy_bear 10th Nov 18, 7:13 AM
    • 434 Posts
    • 1,374 Thanks
    Mummy_bear
    Just popping in to congratulate redkelly on your debt clearance - that must feel fantastic

    Mummybear - I don't think there's hard and fast rules but I always included all payments as it was all going to debt clearance
    Originally posted by jet9cat

    Thanks Jet I'll include everything then
    Last edited by Mummy_bear; 10-11-2018 at 7:20 AM.
    My LBM May 2017, DH LBM July 2017- Total Debt (not Including Mortgage) 46444.23
    16600.19/46444.23 35.74% paid
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