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.
    EF $703.21
    STARTING DEBT $40,567.12

    DEBT TO DATE $5,571.24

  3. #3
    Registered User mikandmari's Avatar
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    I'm in! I behaved very badly in May

  4. #4
    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!

  5. #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.

  6. #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.
    Married to DH(11 years)
    Mama to DS(8) & DS(6)

  7. #7
    Registered User chevy_chick95's Avatar
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    count me in!
    Mom to Duramax
    Wife to ChevyMan

    2014 Goals
    Reading challenge
    Declutter challenge
    emergency preparedness
    52 week money challenge
    Homesteading challenge

  8. #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!)

  9. #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.

  10. #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)
    Living Single and Loving it!
    EmilyD

    Savings goals:
    2014 Change Jar Challenge (New, smaller clothes) $0/$500.00 (turned in 6/2/14 $118.00 for another purpose)
    52 Week Money Challenge (Christmas 2014): $0.00/$1378.00 in a year (need to save 275.00 to make it by Nov. )
    Emergency Fund: $0.00/$1000.00 to begin (167.00 pm to make it by Dec)
    House Repair Fund: $0.00/$1000.00 to begin
    Car Repair Fund: $0.00/$1000.00 to begin
    Medical Expenses $0.00/$1000.00
    Dental Expenses $0.00/$1000.00

    My Challenges:
    2014 Lose-A-Pound-A-Week Challenge 1 @ wk 16/52
    2014 Spring Cleaning and Organizing challenge
    2014 Household Purge/Declutter Challenge
    2014 Emergency Fund Challenge
    2014 Twenty Wishes Challenge
    2014 Reading Challenge 11/52
    2014 Change Jar Challenge

    52 Week Saving Challenge W1-$1, W2-$2, W3-$3, $W4-$4, W5-$5, W6-$6, W7-$7, W8-$8,W9- $9, W10- $10 W11-$11, W12-$12, W13-$13, W14-$14, W15-$15, W16-$16 W17-$17, W18-$18, W19-$19, W20-$20 , W21-$21, W22-$22,W23-$23, W24-$24, W25-$25, W26-$26, W27-$27, W28-$28, W29-$29, W30-$30, W31-$31, W32-$32, W33-$33, W34-$34, W35-$35, W36-$36, W37-$37, W38-$38, W39-$39, W40-$40, W41-$41, W42-$42, W43-$43, W44-$44, W45-$45, W46-$46, W47-$47, W48-$48, W49-$49, W50-$50, W51-$51, W52-$52

  11. #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

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

  13. #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.

  14. #14
    Moderator 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

  15. #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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