Monthly Debt Reduction Challenge, let's bring it back!
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  1. #1
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    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
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    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
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    I'm in! I behaved very badly in May

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    Registered User Mom23boys's Avatar
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    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!
    ~*Michelle*~

    ~Wife to Rick since Dec. 19, 1986~
    ~Mother to Richard, 27, Chris, 24, and Dakota, 21~
    ~Special Education Teacher~

  6. #5
    Registered User Dobby's Avatar
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    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.

  7. #6
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    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.

  8. #7
    Registered User chevy_chick95's Avatar
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    count me in!

  9. #8
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    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!)

  10. #9
    Registered User frugalmom07's Avatar
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    I'm in. I'll work on my June budget and post my goals tonight.

  11. #10
    Registered User EmilyD's Avatar
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    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:
    Change/Piggy Jar Challenge (use it for my clothes allowance) $27.45 as of 3/7/17
    Savings account $300.00 monthly as of 3/1/2017 $850.00
    New project: New teeth: $50/$2400 ($50.00 from savings)
    Pay extra on mortgage $50.00 pd. 80.00/$600.00
    Cemetery Plots and burial plot for kitty (Pay off this month or next : $80.00) pd. off
    Payments for cemetery products $80.00/$1875 per month x2 yr. begin in March
    Pay off old and closed credit card $0.00/ 1771.75 min. $48/ current payment $170
    (call and verify extra is going to principle) bal. 2/26 $1771.75/$1338.75

    Projects for 2017:
    Replace wooden pathway with concrete (dh's labor)
    Major declutter/deep clean/house repair
    Pay off old card
    Add money after payoff to snowball Loan: $647.00
    Read 150+ books this year 3/150
    Lose 30+ pounds to 199 -4.6

  12. #11
    Registered User favesis37's Avatar
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    i'm in, i will look at my budget and see what i can post

  13. #12
    Registered User cissylu's Avatar
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    I never done this before I may try this. it`s a great idea.

  14. #13
    Registered User Dobby's Avatar
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    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.

  15. #14
    Registered User beks37's Avatar
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    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

  16. #15
    Registered User fuzzybunny's Avatar
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    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

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