Pay ALL your debt off by Xmas 2018

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  • Bigskies
    Bigskies Posts: 109 Forumite
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    Thanks for my number. How does it work with amounts, as my payments cover interest and not a huge amount of capital at the moment, so do I count how much the balances reduce by rather than how much I pay? In which case, I’m likely to only update once a month.
    Jan 2018 £68,274 May 1 2018 £59,537
    Percentage of total debt paid 12.79%
    2018 target £10k So far: £8737
    Monthly target £833 January £1129 Feb £1278 Mar £1176 Apr £5152
    POAYDBX18 #124 £8737/10,000
  • kirtsypoos
    kirtsypoos Posts: 3,824 Forumite
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    Bigskies I count all payments towards the debt, even if interest is then added on top :)
    :j PAID VERY, Barclaycard x3, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID :j LBM 24/07/15 - Original Debt: £0/31010.23 (100% paid) :eek:
    Mortgage - £151.316.54 :eek:
  • Megano
    Megano Posts: 324 Forumite
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    Hiya Muppets.

    I done a balance transfer of the capital one and barclaycard onto tesco (14 months 0% interest with no handling fee)
    So I thought it would be easier to start again with the amount so for this year I just need to clear £6753.40
    Virgin Money £0/£1445
    TSB £0/£659.53
    BOM £0/£1480
    Tesco £8.36/£4647.26
    Total £8.36/£8231.79 0.101%
  • abba1772
    abba1772 Posts: 7,746 Forumite
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    £9.11 sent towards the Halifax brings my total to £280.69 / £6000
    NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12
    POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.05
  • kirtsypoos
    kirtsypoos Posts: 3,824 Forumite
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    Afternoon all!

    Emptying bank account ready for payday so #006 checking in with £734.91/£4000 please muppets! :D
    :j PAID VERY, Barclaycard x3, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID :j LBM 24/07/15 - Original Debt: £0/31010.23 (100% paid) :eek:
    Mortgage - £151.316.54 :eek:
  • Calling14
    Calling14 Posts: 3,498 Forumite
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    £5 for me today

    #16 654/5552

    Thanks muppets
    LBM 13039 1.1.13 Now £0 Finally Debt FreeMortgage free Oct 2019:)EFund/savings £25000 10/11/22
  • liuhutOz
    liuhutOz Posts: 183 Forumite
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    Hi everyone

    I've had a great start to the year, with a payrise for DH and me too, plus a bonus and some ebay sales. Managed to pay 2,900 off the debt, but then I realised I have to pay an early repayment fee of $700 so I'm going to include that as it needs to be paid. I just sent $12 this morning so I could round the figures too, so I'm at:

    #25 2200 / 8600 - 6400 to go
    Formally liuhut
    WIN £2008 in 2008 £1836.31 2009 wins - £91!!! 2010 6170.... wins 2011 aprox 2000
  • Megano
    Megano Posts: 324 Forumite
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    Payment of £4.78 made to the TSB CC
    Virgin Money £0/£1445
    TSB £0/£659.53
    BOM £0/£1480
    Tesco £8.36/£4647.26
    Total £8.36/£8231.79 0.101%
  • elvis69
    elvis69 Posts: 110 Forumite
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    How are you all working out the small amounts? do you keep just making little regular payments every day? I usually do monthly payments
    NSD Jan 5/10
    6780/10721
    [URL=“https://forums.moneysavingexpert.com/discussion/5820438/becoming-debt-free-is-hard-work#latest”]my debt free diary[/URL]
  • sunshine81
    sunshine81 Posts: 1,485 Forumite
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    #145 £3791.92 / £19261 (19.69%)
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