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  • FIRST POST
    • kirtsypoos
    • By kirtsypoos 22nd Jan 17, 3:05 PM
    • 3,423Posts
    • 14,962Thanks
    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 80
    • erin_transport
    • By erin_transport 17th Jul 17, 4:16 PM
    • 493 Posts
    • 2,210 Thanks
    erin_transport
    Hi
    5.00 to cc
    5.00 to mortgage over payment
    5.00 to isa
    3.18 to online savings
    18.18 today
    On a mission!

    2018 MFW #138
    • IWILLgetthere
    • By IWILLgetthere 17th Jul 17, 7:35 PM
    • 68 Posts
    • 311 Thanks
    IWILLgetthere
    Hello everyone and Thank You for the welcomes - I am new to forums, was just desperately reading everything on MSE website and stumbled across PAD - has really inspired me - thanks everyone I WILL GET THERE!!!
    Today is a good day so my very 1st pad total is
    150


    ( 87.00 cap one, 34.00 next,24.00 littlewoods,5.00 barclaycard)
    • sashybo
    • By sashybo 17th Jul 17, 8:25 PM
    • 2,734 Posts
    • 20,332 Thanks
    sashybo
    Hi all, my usual 1 to loan no1 today.

    Woohoo Erme I got the llama smilie. That is a cause for celebration.
    Success is not final, failure is not fatal: it is the courage to continue that counts.

    PAD started 27/01/09 - 10,102 extra paid off debt. Total Debt paid off 50,254.37
    Loan 2813.67, CC 0% BT 1350, Car loans 22,962.89

    Have a Debt Free Diary to try & keep spending in check.
    • IWILLgetthere
    • By IWILLgetthere 17th Jul 17, 8:31 PM
    • 68 Posts
    • 311 Thanks
    IWILLgetthere
    sashybo - your 1 a day and amazing achievements are an inspiration
    • IWILLgetthere
    • By IWILLgetthere 17th Jul 17, 9:04 PM
    • 68 Posts
    • 311 Thanks
    IWILLgetthere
    can i please ask all you PAD experts some advice please?... If (for example) I have 4 to pad then am I better doing 1 x 4 debts or 4 off one debt? not sure which is the better option so any advice gratefully accepted.Thank you
    • sashanut
    • By sashanut 17th Jul 17, 11:16 PM
    • 2,764 Posts
    • 25,625 Thanks
    sashanut
    Hi all

    Popping in to PAD 19.42 to M&S cc plz jet9cat - tkyou!!
    New start JAN15 - NOT BUYING IT 2015 . Long haul DFW #145 : 2011 DEBTBUSTING : 5500 OD GONE, 2000 OD - GONE 93,610.30 cc & loan debt - GONE 27.6.14 FINALLY DEBT & MORTGAGE FREE
    • LittleMissDetermined
    • By LittleMissDetermined 18th Jul 17, 7:54 AM
    • 1,996 Posts
    • 8,411 Thanks
    LittleMissDetermined
    Morning all!

    15 for me today please

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

    1000 EF Challenge #142 1000/1000 ... 3-6Mth Wages Challenge #4 6050/7129...
    • kirtsypoos
    • By kirtsypoos 18th Jul 17, 10:18 AM
    • 3,423 Posts
    • 14,962 Thanks
    kirtsypoos
    can i please ask all you PAD experts some advice please?... If (for example) I have 4 to pad then am I better doing 1 x 4 debts or 4 off one debt? not sure which is the better option so any advice gratefully accepted.Thank you
    Originally posted by IWILLgetthere
    Hi IWILLgetthere, have you completed the snowball calculator? If not, go to http://www.whatsthecost.com/snowball.aspx and complete the calculator - it will work out where you should concentrate your payments based on interest rate, to ensure you make the most of your PADs
    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
    • jet9cat
    • By jet9cat 18th Jul 17, 11:34 AM
    • 1,443 Posts
    • 10,527 Thanks
    jet9cat
    Good start to your PADding journey Iwillgetthere - agree with kirtsypoos, from the point of view of the thread it doesn't matter if goes against one debt or 4 but from the point of view of your debtbusting the snowball calculator helps you work out where the extra payments will save most interest and get value for money from the payments.


    Yesterday's total is a wonderful 580.82
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • jet9cat
    • By jet9cat 18th Jul 17, 11:45 AM
    • 1,443 Posts
    • 10,527 Thanks
    jet9cat
    And paid 35 off my balance cc2
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • laurababs
    • By laurababs 18th Jul 17, 1:45 PM
    • 220 Posts
    • 1,387 Thanks
    laurababs
    PAD of 4.79 today
    PADDING since 06-07-17

    Total so far 80.09
    • IWILLgetthere
    • By IWILLgetthere 18th Jul 17, 6:07 PM
    • 68 Posts
    • 311 Thanks
    IWILLgetthere
    Thanks so much for the advice
    My pad for today is 3.65 to capital one please
    I love this already!!
    • kirtsypoos
    • By kirtsypoos 18th Jul 17, 6:49 PM
    • 3,423 Posts
    • 14,962 Thanks
    kirtsypoos
    Morning all,

    57.99 for me today please
    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
    • sashanut
    • By sashanut 18th Jul 17, 11:56 PM
    • 2,764 Posts
    • 25,625 Thanks
    sashanut
    Hi all

    Popping in to PAD 200.00 to LTSB plz jet9cat - tkyou!!
    New start JAN15 - NOT BUYING IT 2015 . Long haul DFW #145 : 2011 DEBTBUSTING : 5500 OD GONE, 2000 OD - GONE 93,610.30 cc & loan debt - GONE 27.6.14 FINALLY DEBT & MORTGAGE FREE
    • LittleMissDetermined
    • By LittleMissDetermined 19th Jul 17, 6:43 AM
    • 1,996 Posts
    • 8,411 Thanks
    LittleMissDetermined
    Morning!

    25 for me today please

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

    1000 EF Challenge #142 1000/1000 ... 3-6Mth Wages Challenge #4 6050/7129...
    • kirtsypoos
    • By kirtsypoos 19th Jul 17, 12:02 PM
    • 3,423 Posts
    • 14,962 Thanks
    kirtsypoos
    Morning all!

    50 mortgage OP for me today please
    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
    • laurababs
    • By laurababs 19th Jul 17, 4:17 PM
    • 220 Posts
    • 1,387 Thanks
    laurababs
    PAD of 6.95 today
    PADDING since 06-07-17

    Total so far 80.09
    • IWILLgetthere
    • By IWILLgetthere 19th Jul 17, 5:55 PM
    • 68 Posts
    • 311 Thanks
    IWILLgetthere
    Good afternoon everyone, please put my pad total for today as 62.82 to loan, Thank you
    • jet9cat
    • By jet9cat 19th Jul 17, 6:43 PM
    • 1,443 Posts
    • 10,527 Thanks
    jet9cat
    Great PADding again everyone. Total for Tuesday 18th July was a fabulous


    316.43
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • jet9cat
    • By jet9cat 19th Jul 17, 6:48 PM
    • 1,443 Posts
    • 10,527 Thanks
    jet9cat
    My own PAD today is 100 to balance cc1
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
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