Monthly Debt Reduction Challenge, let's bring it back!
Page 1 of 2 12 LastLast
Results 1 to 15 of 30
  1. #1
    Registered User
    Join Date
    Dec 2007
    Posts
    185
    Post Thanks / WTG / Hug
    Rep Power
    9

    Default Monthly Debt Reduction Challenge, let's bring it back!

    A few months ago, I had asked about starting a monthly debt reduction thread, which we did and there were a lot of responses. Needless to say, it kinda went away! I take complete responsibility for letting it slack and I am ready to get back on with it again. Does anyone want to join me for June? We got another week or so but I thought I better prepare everyone. Anyone in with me again?

  2. #2
    Registered User danni's Avatar
    Join Date
    Feb 2006
    Location
    Alberta, Canada
    Age
    42
    Posts
    1,680
    Post Thanks / WTG / Hug
    Rep Power
    14

    Default

    I'm in!! I'm going to do my June budget up later today and then I'll post my goals.

  3. #3
    Registered User mikandmari's Avatar
    Join Date
    Feb 2007
    Location
    Delaware
    Posts
    966
    Post Thanks / WTG / Hug
    Rep Power
    11

    Default

    I'm in! I behaved very badly in May

  4. #4
    Registered User Mom23boys's Avatar
    Join Date
    May 2002
    Location
    Texas
    Age
    46
    Posts
    18,996
    Post Thanks / WTG / Hug
    Rep Power
    37

    Default

    Now that school is close to be over for the school year, I need to get back on track myself. I am willing to jump in too!

  5. #5
    Registered User Dobby's Avatar
    Join Date
    May 2008
    Location
    Northern Manitoba
    Posts
    109
    Post Thanks / WTG / Hug
    Blog Entries
    3
    Rep Power
    9

    Default

    I'm in! I've never done one before, but I'm starting to get my financial life on track (finally!), and would love to participate in a challenge.

  6. #6
    Registered User
    Join Date
    Jul 2007
    Location
    Holland
    Age
    39
    Posts
    587
    Post Thanks / WTG / Hug
    Rep Power
    9

    Default

    I'm in! I want to pay off my new-to-me car around September! That means that I need to get my butt in gear! I want to pay off about 1000 euros before July 15th.

  7. #7
    Registered User chevy_chick95's Avatar
    Join Date
    Apr 2008
    Location
    Idaho
    Age
    30
    Posts
    948
    Post Thanks / WTG / Hug
    Blog Entries
    21
    Rep Power
    11

    Default

    count me in!

  8. #8
    Registered User
    Join Date
    Dec 2007
    Posts
    185
    Post Thanks / WTG / Hug
    Rep Power
    9

    Default

    Okay so my June goals are:
    Extra $50 to Visa
    Extra $75 to bad debt
    Extra $200 to appliances
    $1000 in EF (waiting on stimulus check to come in to do it!)

  9. #9
    Registered User frugalmom07's Avatar
    Join Date
    Nov 2007
    Location
    Wishing I was in Maine!
    Posts
    74
    Post Thanks / WTG / Hug
    Rep Power
    9

    Default

    I'm in. I'll work on my June budget and post my goals tonight.

  10. #10
    Registered User EmilyD's Avatar
    Join Date
    Apr 2006
    Location
    Colorado
    Age
    63
    Posts
    1,799
    Post Thanks / WTG / Hug
    Blog Entries
    21
    Rep Power
    15

    Wink

    I'm in as well.

    extra $75.00 to Beneficial (furniture)
    extra $12.00 to Citifinancial (car)
    extra $50.00 to house payment ($10.00 to payment, $40.00 to savings for principle only payment later)
    EmilyD

    Savings goals:
    2016 Change Jar Challenge $4.45 1/8/16 (turned in this weekend $40.00)
    Emergency Fund: $50.00/$1000.00 to begin
    House Repair Fund: $50.00/$1000.00 to begin
    Car Repair Fund: $50.00/$1000.00 to begin
    Medical Expenses $50.00/$1000.00
    Dental Expenses $50.00/$1000.00

    My Challenges:
    2016 Try New Recipes Challenge 1xmo 0/12
    2016 Frugal Challenge
    2016 20 Wishes Challenge
    2016 Menu Planning Challenge
    2016 Household Purge / Declutter Challenge
    2016 Grocery Budget Challenge $250.00 per payday
    2016 Reading Challenge 0/100
    2016 Lose-A-Pound-A-Week Challenge 1lb per mo.
    2016 Pantry / Freezer Challenge
    2016 Get Stepping Challenge
    12/16/16 Debt reduction -savings thread

  11. #11
    Registered User favesis37's Avatar
    Join Date
    Jun 2005
    Location
    nebraska
    Age
    54
    Posts
    2,642
    Post Thanks / WTG / Hug
    Rep Power
    13

    Default

    i'm in, i will look at my budget and see what i can post

  12. #12
    Registered User cissylu's Avatar
    Join Date
    Oct 2007
    Posts
    1,227
    Post Thanks / WTG / Hug
    Rep Power
    12

    Default

    I never done this before I may try this. it`s a great idea.

  13. #13
    Registered User Dobby's Avatar
    Join Date
    May 2008
    Location
    Northern Manitoba
    Posts
    109
    Post Thanks / WTG / Hug
    Blog Entries
    3
    Rep Power
    9

    Default

    My main goal for June is to track my grocery spending, and cut back. I want to learn to budget well enough that I can do without child support for when the ex slacks off.

  14. #14
    Moderator beks37's Avatar
    Join Date
    May 2008
    Age
    34
    Posts
    1,179
    Post Thanks / WTG / Hug
    Blog Entries
    163
    Rep Power
    12

    Default

    I'd like to join in too. I have never done a challenge before, so we will see how it goes.

    Goals for June:
    Pay off CC $500.00
    Pay additional towards student loan $100.00
    Add $400.00 to the EF

  15. #15
    Registered User fuzzybunny's Avatar
    Join Date
    May 2007
    Posts
    261
    Post Thanks / WTG / Hug
    Rep Power
    10

    Default

    I'm in....

    For June:
    $500 to savings
    $500 to last C.C.

    That's 50% of my income... but I did it last month so lets see if I can do it again!

    Christine

  16. Page 1 of 2 12 LastLast

    Similar Threads

    1. Can we start a monthly debt reduction challenge?
      By kettlecorn in forum Money challenges
      Replies: 26
      Last Post: 03-20-2008, 03:56 PM
    2. May's debt reduction challenge
      By homesteadmamma in forum Money challenges
      Replies: 47
      Last Post: 05-31-2006, 08:52 PM
    3. Debt reduction challenge
      By nodmicks in forum Money challenges
      Replies: 197
      Last Post: 12-20-2005, 04:49 PM
    4. Debt reduction challenge-how are we doing?
      By MANDERS in forum Money Articles
      Replies: 3
      Last Post: 08-07-2002, 10:59 PM
    5. who's up for a debt reduction challenge
      By MANDERS in forum Money Articles
      Replies: 25
      Last Post: 07-30-2002, 04:23 PM

    Tags for this Thread

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •