A question about : A Payment A Day
*The principles of PADding*
Emily Hallett started a fantastic thread called 'a payment a day' which you can find here:
Thread 1
The thread was a huge success and was continued in 'A Payment a Day Parts 2-10'. Those threads can be found here:
Thread 2 Thread 3 Thread 4 Thread 5 Thread 6 Thread 7 Thread 8 Thread 9 Thread 10
The thread is extremely supportive and friendly, with lots of madness and smileys to boot! It is ever increasing, which is why part 11 has now been started.
The principle of the idea is that you pay any extra money you have against a debt to clear it a little bit quicker. Not everyone makes a daily payment, but instead they save money to make a lump sum at the end of the month. You can do it anyway you want to, but join the thread and let us know how you are getting on.
Some PaD-ers have cleared their debts and are now focusing on saving following the same principal, so they still post on the thread. Anyone is welcome to join in at anytime.
Best wishes to everyone 
*The numbers*
To show how well we all do, the collective amount paid to each debt, per month, will be logged here. Look how amazing the totals are 
In 2010 the People of PAD repaid towards their debts/savings a massive:
Ј531,246.91
*The Rules*
1) To assist the monthly 'counter-upper' please post your PaD in Bold, colour, large, or all three
2) Once you join, you cannot leave 
2011 totals:
January: Ј38,156.29
February: Ј27,806.05
March: Ј36382.55
April: Ј28,848.98
May: Ј36,011.35
June: Ј43,768.72
July: Ј30,594.31
August: Ј46,457.43
September: Ј32,105.31
October:Ј55,851.27
November: Ј24,540.60
Best answers:
- My PAD today is Ј1.38 into my ISA and Ј6.17 into my VSP which makes Ј7.55 please COMP
- Yeah a lovely new shiney thread ~ Thanks FF
Yesterdays total was a lovely Ј2655.79
This makes the June Total: Ј43,768.72
Fab totals ~ well done everyone
Some Ebay cash has hit my account, so ive transferred Ј60 I now owe the overdraft less than i have for a long time. all thanks to this thread and its lovely members x - Well done FF for setting this up.
Also big woo hoo for Erme
With your encouragement we broke the monthly record in June. I hope you are still following the thread even if you don't feel up to participating.
A PAD of Ј81.94 for me today please COMP.
I won't be on for a wee bit as I am off on my sunshiney holidays this evening.
Really looking forward to it particularly as I found out yesterday that it looks like my dodgy health over the last year is not going to go away. I seems I most probably have a chronic illness that, although not life threatening, I will always have. Quite a lot to get my head around so it will be nice to do it in a warm, sunny, well catered environment. - Morning F_F and all who follow, thanks for the new thread and a special thanks to Erme for her brilliant chearleading last month which spured us on to that fantastic total.
Have made a 'tidy up the account' PAD of Ј11.41 to Te$co cc this morning, but I got it wrong so it is as untidy as ever Will go back into it tonight and sort it out.
Allie - know exactly how you feel as the same happened to me about 7 years ago (only without the sunny hols - I got 8 weeks in hospital ) My only upside is free prescriptions - Hi All a pad of Ј4 today please into my savings piggy.
- Ooooh new thread
Amazing total last month!
My usual loan payments of Ј494.78 today. - Morning all! My PaD in this nice new thread is Ј3.74. Spreadsheet is nicely warmed up for counting too.
- Morning all, Ј174 to Lloyds please
- Just wanted to share something i was thinking about while i was just washing the dishes......
Ive only been Padding for a week, and yes i have really been pushing the payments, luckily ive had some great success with ebaying and the carboot sale i did and have padded the vast majority of the money earned.
Well, what i was thinking while doing the dishes was how HAPPY i feel, I feel different, Optimistic, that i will clear my Bl**dy Overdraft once and for all. I feel determined and fired up to tackle my debt head on.
Its all down to this thread, i have 2 teenaged Girls, so theres always something to spend money on, in the past when ive tried to save money up into a decent lump some to pay something off, something has always cropped up and the cash would go on that instead
I see it differently now, any money i put into my padders pot is already "spent" and like yesterday when i did the carboot, before i'd even taken my first Ј1, i knew all the cash would be taken straight to the bank and deposited into the overdraft.
I have a free weekend ahead, no kids, they are off to their dads for the weekend, so i could of kept some back and had a night out, but instead i'll be happy listing on ebay, knowing im dealing with my debts, not adding to them
Thank you Padders Your posts have inspired me - Managed to squeeze out another Ј1 before the weekend At least I have managed to feed my addiction today
Thank you for your wonderful support last month Erme
Thank you for doing this month COMP
Have a lovely weekend everyone
Gap x - Misskaytee I know exactly how you feel except I keep slipping off the wagon and getting sidetracked... I think I became complacent at the start o the year when I saw how much I'd paid off and haven't managed to get back on track ever since
Ј25 to Scottish friendly please.. Still on phone sorry. - Ј8.60 for me please!
- morning all
PAD Ј41 to CC - will be MIA next week as I'm away with work but I promise to make up for it! - Well done to everyone for our total in June, and especially thanks to Erme for all the encouragement early on.
Misskaytee - totally agree the empowering feeling of doing something about this is terrific. Like you, previous attempts have always been derailed - in my case by OH's lack of work, expensive hobbies or the car needing work - but this time I'm really on it. It helps that OH has a good amount of work on at present, mind, so I'm trying to make th emost of it!!
So a PAD today of Ј100 to the Virgin cc for me, plse.
Going to slump in front of the sport on telly now as I've has a tooth removed this morning and am feeling a bit rough - Happy Friday, everyone!!
Ј4 to the utilities
63p to savings for me please - Hi all, have been AWOL while working as usual but have been reading.
Ј2 today to OH's Capital One card.
Thanks for starting the new thread FF and thanks to Comp for doing the counting this month and Erme for last month. - Good afternoon
Ј2 for me today please, havent posted for a few days but have padded every day.
I was a bit disheartned last week as want to do more but the money we had come in in june was appauling. - Hello all I am new to the thread!
Aim to move the "odds" from my current account into my savings account everyday and let it build up so I can eventually pay one big lump sum to one of my debts!
Todays PAD: Ј1.76
- 469 reads