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  1. 03-04-2008, 02:24 AM #1
    kettlecorn
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    Default Can we start a monthly debt reduction challenge?

    The 2008 reduction challenge just scares me, I think if I did it in smaller steps then I feel like it would be more attainable. Anyone with me?

    My March Debt Reduction goals


    Visa #1 $700 left. Would like to pay $200 down on it.
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  3. 03-04-2008, 09:40 AM #2
    Samigirl
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    Sounds good to me. My goal for March is to start on baby step 2. I want to put $250 extra on our car loan.


    How much we enjoy what we have is more important than how much we have. Life is full of people who have more than they know what to do with, but cannot be content. It is the capacity to enjoy life that brings contentment.---Unknown
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  4. 03-04-2008, 10:00 AM #3
    McD
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    I will join. I want to pay an additional 200$ towards my computer loan.
    McD
    -wife to Z
    -mommy to Dubya & Moo Cow

    Blog: http://familystylemayhem.com/


    My Ravelry: http://www.ravelry.com/projects/nicd...view=thumbnail
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  5. 03-04-2008, 01:15 PM #4
    Cricketlegs
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    ME me me!

    I want $300 on my credit card--can I even stress how much I HATE the dang thing enough?

    $300 in my savings account

    $400 on my car--that is about $90 over my regular payment.

    Past that we will see...
    The math never lies, budget in INK!
    Step #1 Pay off Home Depot Card PAID
    Step #2 $1000 EF Savings PAID
    Step #3 Snowball Home Depot Payment into camper note Starting March $4,645.26/$3991.55
    Step #4 $318.29 Secondary Savings
    Step #3B Hitting dds Student Loan #1 hard Starting April $2119.69/$1385.03
    Step #5 Student Loan #2 $4196.45/$4136.89 Starting May


    Madness, mayhem chaos...my work here is done!
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  6. 03-04-2008, 01:26 PM #5
    MirandaK
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    My goal is $550 on my credit cards...luck to everyone!!!!
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  7. 03-04-2008, 01:34 PM #6
    DJ1972
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    I'm in and I agree...I do much better on focusing on the month at hand. I want to finish paying off my computer this month, as the interest free period ends in 2 months. Also want to reign in my spending..sort of been wacky since christmas!
    DJ

    Married to DH since 1993
    DD age 18
    DS age 16
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  8. 03-04-2008, 01:38 PM #7
    itlw8
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    I am continueing with the extra $100 on my mortage it takes 1 entire monthly payment off every time I do that.

    not sure is much progress will be made this month I have enough saved to pay my taxes and most of the 800 into my IRA that is lowering that tax amount

    Once I get those out of the way back to paying off the debt.
    Meg
    Meg

    cc debt free YEAH on to the mortage
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  9. 03-04-2008, 02:46 PM #8
    wannabedebtfree
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    Count me in too.

    I want to pay $358.60 to our two debts (LOC & Disc - Disc min is $50ish and not sure what LOC is b/c always pay more so they send me $0 due bill)

    Also want to pay $290.57 to the sinking fund (which covers vehicle tags renewal, Christmas, insurance, tires (will need before long), and taxes in case I didnt figure my new witholdings correct).
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  10. 03-04-2008, 08:42 PM #9
    tlenad
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    I'm in too. After the great month, I had last month paying down debt I'd like to keep myself focused.

    I'd like to get my Visa down to $2000.00. It's at $3000 right now so $1000 this month.
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  11. 03-05-2008, 08:58 AM #10
    Amanda2008
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    Since we don't pay our first mortgage payment until June, I would like to pay off the following: Tire Kingdom, JCPENNY, and most of Wal-Mart. We will also save some to put towards the principal of the loan.

    I agree- one month at a time sure does help with the bigger challenge!
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  12. 03-05-2008, 01:45 PM #11
    julieb
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    I am in

    I'd like to pay down the car. My goal is an extra 700.00 on the car.
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  13. 03-05-2008, 10:06 PM #12
    Mamaw
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    I will aim for another 250.00 by the end of the month toward debt snowball.
    Barb
    January $$$$$ Goals
    Grocery challenge 400.00/0
    Menu planning - 5/0
    Christmas 2013 50/0
    Spring landscaping fund 100/0
    Vacation fund - Boston 100/0


    Time Goals
    Home Project Organizational Challenge - Pantry cleaned out and organized
    Clean and organize under bathroom sink

    UFO January - one baby bib done. Continue on pillow cases

    Every little tiny bit helps to get rid of that debt

    Success is not determined by how smart we are, It is determined by the decisions we make
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  14. 03-05-2008, 10:13 PM #13
    ravenmaniac
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    I'm in. I'll put $50.00 on my personal loan. Right now it is all I can afford but at least it's something.
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  15. 03-06-2008, 08:05 PM #14
    Marie78
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    I like a monthly goal too, I put $253 towards my credit card debt this month.
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  16. 03-06-2008, 08:26 PM #15
    mombottoo
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    I'm in, I also like the idea of looking at things month to month, with an ultimate goal for the year.

    I want to pay off the IRS this month...
    "Life is what happens while you are busy making other plans." John Lennon
    "Infinite goodness has wide arms." Dante

    Change & Penny Challenges:
    Penny : $4.11
    Change : $37.00
    $ bills :


    Grocery Challenge:
    Grocery $400 avg. per month: $515.04/$400 February
    Running Total (updated monthly): $205.67

    Savings Challenge:

    $50.64/$3,000 to be put into other acct. when goal is met

    2013 Coupon Savings Challenge:
    YTD: $26.47

    2013 Fling Challenge: 37/2013
    20 Wishes Challenge: 1/20
    2013 Sell Stuff Challenge: /60
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