A question about : Payment A Day Chapter 15
*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 2-12'. Those threads can be found here:
Thread 2 Thread 3 Thread 4 Thread 5 Thread 6 Thread 7 Thread 8 Thread 9 Thread 10 Thread 11 Thread 12 Thread 13
Thread 14 https://forums.moneysavingexpert.com/....php?t=4629473
The thread is extremely supportive and friendly, with lots of madness and smileys to boot! It is ever increasing, which is why the 2014 challenge is continuing on a brand new thread.
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 2011 the People of PAD repaid towards their debts/savings a massive:
Ј440,536.74
Ј373,295.71 in 2012
2013 total:- Ј254,420.24
2014 total-Ј223,726.04
2015 monthly totals
January- Ј 22474.19
*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 
Best answers:
- Hi all- please put Ј2.75 to mbna had hoped to pay more but annoyingly dropped bus ticket running from bus 1 to bus 2 on way to work and had to rebuy!!
- Ј2.41 to The Debt
Happy new thread - Hi Mandz Thanks for starting new thread.................can you put a link in post 1 for Chap 14 and there appears to be a total already for April 2014????
- Hi all,
I know its a PAD, but sadly today I haven't made any extra payments... but I thought I would still check in... not to get out of the routine... hopefully back on track tomorrow....
nice new thread.. woop-woop - Ј6.16 my first PAD
- Hi all
Popping in to PAD Ј89.00 to ltsb cc plz Igamogam - tkyou!!
Many thanks to Mandz1 for the great totals for the last 2 months
and Welcome to NHS worker bee - Good morning fellow PADders
Today's PAD is Ј5.55 to MBNA please
Hi and welcome to NHS Worker Bee - Good morning padders
my pad today is Ј1 to emergency fund please , Thanks for the totals Mandz
Mobo xx - Morning all,
Ј1.16 for me today - It's
Ј1.78
For me today please - Ј1.33 into change jar.
- Hi NHS worker bee, and welcome to this friendly thread
Please can I PAD a nice round Ј1 today. - Ј30 PAD for me today please
- Kicking off the second quarter of the year with a not so foolish......................
Ј372.76
Running Total: Ј372.76 - Just popped on to PAD Ј7.76 today and catch up on posts to find a raft of newbies - welcome all - and a shiny new thread
Thanks to Mandz for counting up 2 months in a row and to Igamogam for taking over this month. - Hi all
Popping in to PAD Ј20.00 to ltsb cc again plz Igamogam - tkyou!! - Good morning
my pad today is Ј388which is Ј387 to big loan and Ј1 to emergency fund,this means big loan is now paid off (originally Ј21,000) can't begin to say how happy this has made me It has stopped me doing so much in my life and now it's gone
Mobo xxx - Good morning fellow PADders
Today's PAD is Ј1.81 to MBNA please Igamogam
Well done mobo on paying off loan, that is great news
- 493 reads