We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
I've just paid off my....
locotoro
Posts: 42 Forumite
I couldn't find this topic anywhere so I created a new thread:
This is basically an opportunity to spread positive reinforcement and messages of congratulations to those that have paid off their credit cards, over drafts, loans, HP agreements, mortgages anything which has become a pain in the backside over the last few years.
(If another thread exists for this purpose please feel free to delete this one - after telling me where it is
)
So I'll kick this off. I just paid off my credit card of £2,500 and I feel great! (like Tony the Tiger Grrrrrreat)
Now i'm putting that card safely on the shelf and focusing on my 2 overdrafts of £1,500 and £1,000!
Then my Personal Loan of £6,500 and another loan of £3,100.
Go Go Gadget Money Saver!
This is basically an opportunity to spread positive reinforcement and messages of congratulations to those that have paid off their credit cards, over drafts, loans, HP agreements, mortgages anything which has become a pain in the backside over the last few years.
(If another thread exists for this purpose please feel free to delete this one - after telling me where it is
)So I'll kick this off. I just paid off my credit card of £2,500 and I feel great! (like Tony the Tiger Grrrrrreat)
Now i'm putting that card safely on the shelf and focusing on my 2 overdrafts of £1,500 and £1,000!
Then my Personal Loan of £6,500 and another loan of £3,100.
Go Go Gadget Money Saver!
Debt Update: £4,617 :j:j:j
Start of Mission to eradicate debt (July 2013): £13,600
Target: Debt free by Dec 2014 (exc mortgage)
0
Comments
-
Great idea - can't wait to be joining in!!Debt at LBM July 2013: [STRIKE]£46,085.88[/STRIKE] :eek: Debt today: £36,501.67
20.8% down, 79.2% to go!
The quicker I'm debt free, the quicker I'll be Mrs. H! Date to beat: April 20180 -
what do you mean, 'putting credit card on the shelf'
cut the damn thing up and promise yourself never to get another one !!0 -
I've stopped lurking for this one! I've been reading along for ages but not quite ready to post my own story on here but we've made some big changes and this month we have paid off my New Look store card (£150) and an overdraft on an old current account (£85)
Not massive amounts but they're ticks off the list and we've now set up our own self managed DMP and made those first payments this month also!
Onwards and upwards!
(I cut the card btw and closed the account ) DFW - Diary "Running out of time! Trying to get debt free & house ready by June 2016"
Proud to be tackling my debts
December Balance - £7233/£9115 - 79.4% paid off (OVER 3/4 OF THE WAY THERE!:T)
Estimated DFD - [STRIKE]December 2015[/STRIKE] May 2015!!0 -
Deleted User wrote: »what do you mean, 'putting credit card on the shelf'
cut the damn thing up and promise yourself never to get another one !!
The reason I managed to pay off my card so quick is because i really tightened the belt buckle and I used all disposable income to plug the gap. All my savings have gone to clearing my debt so if the proverbial hits the fan im up poop creek without a paddle in a manner of speaking.
I don't think it would be prudent for me to cut it up and cancel the account until I have paid off one of the other overdrafts so I have an "ermahgerd" fund
Debt Update: £4,617 :j:j:j
Start of Mission to eradicate debt (July 2013): £13,600
Target: Debt free by Dec 2014 (exc mortgage)0 -
DFWannaBee wrote: »I've stopped lurking for this one! I've been reading along for ages but not quite ready to post my own story on here but we've made some big changes and this month we have paid off my New Look store card (£150) and an overdraft on an old current account (£85)
Not massive amounts but they're ticks off the list and we've now set up our own self managed DMP and made those first payments this month also!
Onwards and upwards!
(I cut the card btw and closed the account )
That's great news! Another monkey off the back is....a monkey off the back (i'm not really good with these expressions)
Keep it up and just remember how you will feel when you are clear of owing money to people/faceless companies!!
Debt Update: £4,617 :j:j:j
Start of Mission to eradicate debt (July 2013): £13,600
Target: Debt free by Dec 2014 (exc mortgage)0 -
Love this thread! Cant wait to be able to write my own post... but for now it'll just be Congrats posts!!
C'mon Credit Union... your next!0 -
First time poster but long long long time lurker!!
Thought I would come out the woodwork!
Love this thread so joined to start posting, I don't think km brave enough to go into full detail about my debts yet.
But in this last week I have finished paying off 2 store cards and 1 catalogue (notice a trend!)
So pleased to have knocked 3 direct debits on the head.
On to the next one now I expect to have that paid by the end of the year!!DF JourneyCredit Card 1 £2000 Credit Card 2 £1200 (interest free)Store Card 1 [STRIKE]£1400[/STRIKE] £1174.26 Store Card 2 [STRIKE]£240[/STRIKE] £0 :j Store Card 3 [STRIKE] £170[/STRIKE] £0 :j Catalogue 1 [STRIKE]£2081 [/STRIKE]£0 :j Catalogue 2 [STRIKE]£1334.49[/STRIKE] £609.91Overdraft 1 £300 (interest free) Overdraft 2 £2000 Overdraft 3 £2100Total [STRIKE]£12825[/STRIKE] £9384.200 -
What a great thread! I would like to join if possible although I think my contributions will be few and far between given the balances!
I have however, just made the final payment on my DP storecard, so that's 1 down already. 3 cards and 1 loan to go...
Just started a claim for mis sold PPI so if that comes off I may be contributing sooner than I first anticipated *watch this space*
Can't wait for my DFD when I can stop juggling the finances and start to boost my savings accounts!
LMD xLife gets in the way...PADding is addictive...Saving's better than spending...My savings diary - Now for a healthier, wealthier me2025 1p challenge #41 | Cash envelope challenge #01 | SPC #017Sealed pot 2025 £4931 | EF £669/£1000 | Sabbatical £3026/£3000 | Travel savings £1791 | Sinking pots £19610 -
£5000 loan paid off woop! on track for debt free for Christmas!! (except mortgage which is quite low anyway)
Congrats to everyone else, keep up the good work!!SPC6 #116 £652.75
SPC7 #116 £674.50
SPC8 #116 £10100 -
£5000 loan paid off woop! on track for debt free for Christmas!! (except mortgage which is quite low anyway)
Congrats to everyone else, keep up the good work!!
Very well done! :T
Hopefully this will be me next year Life gets in the way...PADding is addictive...Saving's better than spending...My savings diary - Now for a healthier, wealthier me2025 1p challenge #41 | Cash envelope challenge #01 | SPC #017Sealed pot 2025 £4931 | EF £669/£1000 | Sabbatical £3026/£3000 | Travel savings £1791 | Sinking pots £19610
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.5K Banking & Borrowing
- 252.9K Reduce Debt & Boost Income
- 453.3K Spending & Discounts
- 243.5K Work, Benefits & Business
- 598.2K Mortgages, Homes & Bills
- 176.7K Life & Family
- 256.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards