2010 Debt Reduction Challenge - Discussions

**imagine** · 10-19-2010, 02:22 PM

Originally Posted by Greebo

Well - sorry we won't be able to use your numbers. Unfortunately, we do need real dollar amounts in order to track progress towards our goal of $500,000 in debt reduction this year.

I understand No hurt feelings here.

Sorry my numbers can't be used to help everyone reach the community goal.

Again sorry I didn't fully understand before I posted.

**gmarie** · 10-31-2010, 11:01 AM

I haven't posted in the debt reduction thread but would like to start.

My question is how far I should go back to catch up?
Should I just start with this month, the month I joined FV (July), or even the beginning of the year? I don't mind doing the work, but not sure what others would recommend?

Thanks!

**qsaver704** · 10-31-2010, 11:08 PM

Originally Posted by gmarie

I haven't posted in the debt reduction thread but would like to start.

My question is how far I should go back to catch up?
Should I just start with this month, the month I joined FV (July), or even the beginning of the year? I don't mind doing the work, but not sure what others would recommend?

Thanks!

It is our 2010 goal from January 1, 2010. I say go back all the way to the beginning of the year!

**prudent lass** · 10-31-2010, 11:27 PM

Originally Posted by qsaver704

It is our 2010 goal from January 1, 2010. I say go back all the way to the beginning of the year!

I agree. This is what I did and I didn't even start posting till recently.

**gmarie** · 11-01-2010, 09:24 AM

Thanks! I will go back to the beginning of the year!

**Greebo** · 12-28-2010, 08:10 AM

Two things:

1) Debt Reduction Challenge Posts for 2010 will be accepted until Saturday, January 15th. Sometime shortly thereafter, a final total for 2010 will be calculated.

2) Volunteer needed to run the 2011 challenge!

**Maine Girl** · 12-28-2010, 08:17 AM

December credit card payment

$54.01 (I)
$170.99 (P)

**tnthriftylady** · 12-31-2010, 03:50 PM

Is there going to be a 2011 debt reduction challenge? I came here today specifically looking for the one for debt reduction so I can have support and accountability. Thanks in advance.

**Greebo** · 01-01-2011, 05:30 AM

Originally Posted by tnthriftylady

Is there going to be a 2011 debt reduction challenge? I came here today specifically looking for the one for debt reduction so I can have support and accountability. Thanks in advance.

Would you like to manage the 2011 challenge? If you look two posts back, you'll note that I said I'm not doing 2011.

**tnthriftylady** · 01-03-2011, 06:28 AM

Originally Posted by Greebo

Would you like to manage the 2011 challenge? If you look two posts back, you'll note that I said I'm not doing 2011.

Oops! Sorry, I did not see that post. No, I do not know my way around well enough yet to even think about managing a challenge, but I hope someone who does will take on the challenge of the challenge. :-)

**monkeywrangler71** · 01-05-2011, 10:17 AM

I lost track of this last year when we sold our house and then bought again. I'm determined to pay the new mortgage down as quickly as possible.

If the only way I get to post my payments is by volunteering to run the challenge then I will do it.

**prudent lass** · 01-05-2011, 11:31 AM

I just wanted to say thanks to Greebo for running such an awesome challenge. I loved reading everyone's updates. They kept me inspired to keep going. And keeping track of the principal and interest payments was a great tweak. Seeing all that money going to interest was *IR-RI-TA-TING*. Nothing like a little anger to fuel your motivation.

**Greebo** · 01-07-2011, 11:31 AM

I took the liberty of re-sticking this thread and renaming it to be 2011 continuing 2010.

I am no longer running the challenge - but I thought it made sense to keep this thread around rather than make a new one and lose the context.