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  • FIRST POST
    • Karen777
    • By Karen777 31st Mar 15, 11:08 AM
    • 413Posts
    • 1,731Thanks
    Karen777
    Welcome to the Milestone Inn!
    • #1
    • 31st Mar 15, 11:08 AM
    Welcome to the Milestone Inn! 31st Mar 15 at 11:08 AM
    All welcome to Ye Olde Milestone Inn! The bar is open!



    Share your milestones here, and let's all raise a virtual (or real, your call, the landlady takes no responsibility for any resulting real life drunkenness) glass to each others success.

    To start us off *tings spoon on side of glass to quiet down rowdy DFW crowd of revellers* my debts have this month ducked under £10,000

    *downs pint of martini and puts glass on head, staggering slightly*




    If you haven’t already, join the forum to reply!


    This Forum tip was included in MoneySavingExpert.com's weekly email!
    Last edited by MSE Andrea; 19-07-2017 at 10:23 AM.
    Debt at highest - June 2013 - 26k/ March 2017 - 3900
    Proud to be dealing with my debts
Page 22
    • NewMeNewLife
    • By NewMeNewLife 7th Apr 17, 11:09 AM
    • 185 Posts
    • 373 Thanks
    NewMeNewLife
    Ohhh I love this thread hi everyone, I'm new

    Today I've paid off half of my debt so far!! (16k) PASS ME THE WINE!!

    Hope you're all well!
    Debt Free Date= Dec 2017.
    Mortgage Free Date = Jan 2039.
    • bma14
    • By bma14 7th Apr 17, 12:15 PM
    • 76 Posts
    • 176 Thanks
    bma14
    Love this thread! Love reading and seeing all your milestones

    I'm aiming to duck under the £1000 (50%) mark at the end of the month so I will maybe be joining you all for a large G&T then!

    Have a fab day x
    Total Debt January 2017: £2,001 Total Overdraft Debt end of June 2017: £409.85 (80% paid off)
    Goal to clear by 1 September 2017!
    Saving For Xmas 2017 Cash Saved: £120 Amazon Vouchers: £15
    • Suseka97
    • By Suseka97 9th Apr 17, 8:23 AM
    • 81 Posts
    • 130 Thanks
    Suseka97
    well done that's amazing progress - also might be worth plotting yourself some smaller milestones along the way.....
    Originally posted by Karen777
    Thanks Karen777 - that's a good idea

    I've tended not to look too closely at the various balances owed to creditors -beyond looking at the DMP statement each month. But following your advice I've now set up a 'countdown' spreadsheet so that I can see when each creditor will drop off the list. The next creditor dropped will be in August, followed by another in September and two in December. So by the end of this calendar year I'll only have four left as I head into the last quarter.

    Doing that small exercise has really cheered me up this weekend -after a really tough week at work, was just the boost I needed.
    LBM Apr13: 14 Creditors / £85k+ owed
    Current Status: 6 Creditors / £11,994
    DFD: Aiming for end of 2018
    Self-managed Aug17: CCAs pending
    • itsallabitmuch
    • By itsallabitmuch 13th Apr 17, 9:33 PM
    • 51 Posts
    • 81 Thanks
    itsallabitmuch
    So my debt has just hit <11k! I've done a spreadsheet that shows me my overall mini-targets/milestones based on remaining at my current payment level.

    I can now view my DMP statements online with StepChange, so my next challenge is to also add to this as each creditor falls off
    • lazer-zxr
    • By lazer-zxr 27th Apr 17, 8:10 AM
    • 379 Posts
    • 445 Thanks
    lazer-zxr
    Today is the first time I have owed less than £1k in the last 20 years.

    98.4% of my £59k now repaid.
    Debtfree challenge done. £59353 repaid.
    • lumpyspaceprincess
    • By lumpyspaceprincess 27th Apr 17, 8:44 AM
    • 118 Posts
    • 267 Thanks
    lumpyspaceprincess
    Not a DMP milestone officially, but I had a separate thing running on the side with very - and there's now only £104 outstanding on that - which means everything there will be paid off before interest is applied. Phew
    UPDATED 18/07/17
    ¤ DMP TOTAL: £24516 ¤ DMP NOW: £1108¤
    ¤ DFD: 28/09/18 28/01/18 01/09/2017 ¤
    ¤ DEBTS CLEAR: 2/6 ¤

    • kirtsypoos
    • By kirtsypoos 27th Apr 17, 9:28 AM
    • 2,861 Posts
    • 12,267 Thanks
    kirtsypoos
    I forgot about updating this thread!

    I am now more than 90% paid off - only £1475.00 outstanding!
    £835/3000 OH BC(72.16% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £835/31010.23 (97.30% paid)
    Mortgage - £162,900.00 (2017 O/P £1312.91) PAYDBX 17 #006 - £15264.59/14,539.71 Make £10 Apr £194.58 Make £10 May £159.75 Make £10 June £266.85
    • lazer-zxr
    • By lazer-zxr 28th Apr 17, 7:04 AM
    • 379 Posts
    • 445 Thanks
    lazer-zxr
    I forgot about updating this thread!

    I am now more than 90% paid off - only £1475.00 outstanding!
    Originally posted by kirtsypoos
    Well done Kirsty. I remember way back, when we were first starting out, that you and myself were on similar time frames to payback. Well done on your efforts, and I hope your enjoying looking forward to getting this last little bit paid off as much as I am. Well done.
    Debtfree challenge done. £59353 repaid.
    • Historybuff
    • By Historybuff 28th Apr 17, 8:34 AM
    • 638 Posts
    • 4,598 Thanks
    Historybuff
    Mortgage is now into the 40,000s. Debt owing is under 10,000. Using budget software, tracking spending and staying within the budget meaning money left at the end of the month! Feeling good about finances, which is a great thing after a lifetime of stumbling about in the dark.
    Feb 2014 to now
    Unsecured debt at highest £56511/now £9,328 83% paid.
    Mortgage £85342/now £47,600 44% paid

    Mortgage and debt free by August 2020
    • kirtsypoos
    • By kirtsypoos 28th Apr 17, 9:11 AM
    • 2,861 Posts
    • 12,267 Thanks
    kirtsypoos
    Well done Kirsty. I remember way back, when we were first starting out, that you and myself were on similar time frames to payback. Well done on your efforts, and I hope your enjoying looking forward to getting this last little bit paid off as much as I am. Well done.
    Originally posted by lazer-zxr
    Thanks lazer, and well done to you too

    I'm so looking forward to getting it finished but I'm worried it will feel a bit anti-climactic. I'm working on stifling those feelings and looking forward to what I'll be able to do with spare money every month!
    £835/3000 OH BC(72.16% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £835/31010.23 (97.30% paid)
    Mortgage - £162,900.00 (2017 O/P £1312.91) PAYDBX 17 #006 - £15264.59/14,539.71 Make £10 Apr £194.58 Make £10 May £159.75 Make £10 June £266.85
    • crunch_time
    • By crunch_time 28th Apr 17, 11:30 AM
    • 934 Posts
    • 2,289 Thanks
    crunch_time
    Morning all!

    I'm beyond excited to announce that the husband and I are now officially 'loan free' for the first time in 18 years!!!

    All that is left now are two 0% cards.

    MASSIVE. WEIGHT. LIFTED.

    Now i feel like i can get on with the rest of my life!!

    Just got to smash the last £3100 now.

    Crunchy xx
    LBM June 2014.
    Original debt £23,555 vs Now £0

    PAYDBX 2017 - #85 £12,675/£2800 77% Paid!! (Currently on hold due to......)
    Husbands Credit card (0%)£3549 My Credit card (0%) £1379
    Savings pot £500 Long term savings (finally) £740
    • submarine76
    • By submarine76 2nd May 17, 8:10 AM
    • 97 Posts
    • 308 Thanks
    submarine76
    My credit card is now below £1,000 for the first time in about 10 years! Might have a beer or a whisky tonight....
    LBM 11 Nov 14 DFD 1 Feb 18 now 5 Sep 17
    CC £7,666.00 now £200.00 Car Loan £10,201.30 now £1,200.40
    Tesco Loan £2,806.58 now £0 Santander Loan £3,000.00 now £0
    Overdraft £1,000.00 now £0
    Total £25,013.98 - now £1,400.40
    • bma14
    • By bma14 2nd May 17, 2:02 PM
    • 76 Posts
    • 176 Thanks
    bma14
    Happy days for me as my total debt balance on the OD is now under £1000 LOTS lower to be precise! Large virtual G&T for me

    Hopefully I'll be back soon for some celebrations getting under the £500 mark.
    Total Debt January 2017: £2,001 Total Overdraft Debt end of June 2017: £409.85 (80% paid off)
    Goal to clear by 1 September 2017!
    Saving For Xmas 2017 Cash Saved: £120 Amazon Vouchers: £15
    • La escocesa
    • By La escocesa 5th May 17, 11:05 AM
    • 2,813 Posts
    • 17,681 Thanks
    La escocesa

    My loan has just come under £20k!
    Originally posted by La escocesa
    My loan is now under £19k.
    • lazer-zxr
    • By lazer-zxr 25th May 17, 8:29 AM
    • 379 Posts
    • 445 Thanks
    lazer-zxr
    The ultimate milestone.
    100% repaid. £59k.
    For the first time in 20 years, I don't owe anyone anything.
    Thanks for everyone's support.
    Debtfree challenge done. £59353 repaid.
    • kirtsypoos
    • By kirtsypoos 25th May 17, 11:20 AM
    • 2,861 Posts
    • 12,267 Thanks
    kirtsypoos
    The ultimate milestone.
    100% repaid. £59k.
    For the first time in 20 years, I don't owe anyone anything.
    Thanks for everyone's support.
    Originally posted by lazer-zxr
    Congrats Lazer, that's amazing!!
    £835/3000 OH BC(72.16% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £835/31010.23 (97.30% paid)
    Mortgage - £162,900.00 (2017 O/P £1312.91) PAYDBX 17 #006 - £15264.59/14,539.71 Make £10 Apr £194.58 Make £10 May £159.75 Make £10 June £266.85
    • submarine76
    • By submarine76 5th Jul 17, 11:54 AM
    • 97 Posts
    • 308 Thanks
    submarine76
    My total debt is now under 2k, CC will soon be gone!
    LBM 11 Nov 14 DFD 1 Feb 18 now 5 Sep 17
    CC £7,666.00 now £200.00 Car Loan £10,201.30 now £1,200.40
    Tesco Loan £2,806.58 now £0 Santander Loan £3,000.00 now £0
    Overdraft £1,000.00 now £0
    Total £25,013.98 - now £1,400.40
    • unimaginative user name
    • By unimaginative user name 5th Jul 17, 2:28 PM
    • 448 Posts
    • 501 Thanks
    unimaginative user name
    My total debt is now under 2k, CC will soon be gone!
    Originally posted by submarine76
    Well done!
    • Teacher2
    • By Teacher2 12th Jul 17, 9:06 AM
    • 476 Posts
    • 2,407 Thanks
    Teacher2
    I also have enough to replace my old cooker! TBH - it was guzzling so much electricity I reckon it will save money to have the new one! It had one setting - full on and even this meant a normal casserole took over 3 hours to cook!

    Crikey! Buy a slow cooker from Tesco's for £20 and do all your casseroles in it. They only use the power of a lightbulb and save ££££££s.
    • sunshinegirl66
    • By sunshinegirl66 12th Jul 17, 6:33 PM
    • 25 Posts
    • 48 Thanks
    sunshinegirl66
    My milestone came last October when we were debt free so this July is the first time I've felt so relaxed about Summer in 10 years.
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