Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • muppets
    • By muppets 13th Dec 16, 8:02 PM
    • 732Posts
    • 5,238Thanks
    muppets
    Pay ALL your debt off by Xmas 2017
    • #1
    • 13th Dec 16, 8:02 PM
    Pay ALL your debt off by Xmas 2017 13th Dec 16 at 8:02 PM
    Welcome to PART 1 OF Pay ALL Your Debt Off By Xmas 2017!

    Firstly I would like to welcome all new and existing members from last years thread.

    Anyone is welcome to join this challenge and it is NEVER too late. There is also no amount of money too small or too large that will stop you from joining this challenge. We have several members who will be on their debt journey for several years to come, but they are part of this thread to pay off a fixed amount of their debt as the support on here is fantastic!
    So, if you think you can pay off all your debts by Christmas or have a goal to pay off a certain amount then please join in!

    This challenge runs until 27th December 2017.



    To help me run this thread easily, could you please all post your totals in large text and in a bold colour and post the amount you have paid off // target amount

    It would also be a big help if you could also put with it your challenge number.
    i.e. another £50 paid off so now the total paid off for

    #001 is £315.43/£7685.67
    By the way, don't worry about working out your % paid as I can do that for you!
    Last edited by muppets; 25-12-2016 at 6:47 PM.
    PAYDBX 2017 - #01 Pd £10,446.83 / £11,000 - 94.97%
    SPC10 #93
    MFiT-T4 #9
    3-6 mth EF #69
    €4,300 / 15,000 Wombles #24 = 540.20
    Mortgage - PD 86,136.83/ 271,495.07 31.72% MF Aug 2038 Sept 2035
    My long slow journey to mortgage freedom
    My diary - Making a move on debt
Page 50
    • pennies from Heaven
    • By pennies from Heaven 15th Mar 17, 8:53 PM
    • 179 Posts
    • 913 Thanks
    pennies from Heaven
    Another couple of payments from me, a credit card and car loan totalling £175.46. Making my total now:-


    #74 £1590.78/£7000 = 22.72%


    Thanks all and especially Muppets x
    LBM 1.1.16 = £27096.59 - now £17,020.38

    Paydbx 2017 - £3588.90/£7000 = 51.27% - number 74

    Paydbx 2016 - £6487.31/£7000 = 92.67% - number 74
    • parsniphead
    • By parsniphead 15th Mar 17, 11:27 PM
    • 2,316 Posts
    • 14,722 Thanks
    parsniphead
    My payments are finally done for the month.

    #22 813.22/7148.37 11.37%

    That's it for me for the month unless I can magic up some cash.

    Keep going all.
    Nothing gets better until you get better.

    2018 My year of creation, living life and learning.

    The purpose of life is to create a life of purpose. Richard Gregg
    • LionessInWinter
    • By LionessInWinter 16th Mar 17, 3:14 AM
    • 375 Posts
    • 2,331 Thanks
    LionessInWinter
    #9 with more payments totaling £1580

    So fair have paid £4420/£14000
    PAYDBX18- #9 £0/£5600 consists of £0/£3800 credit card and £0/ £1800 car
    2018 - 1% challenge #14, each 1% is £56
    • Captain Bluebear
    • By Captain Bluebear 16th Mar 17, 9:42 AM
    • 201 Posts
    • 709 Thanks
    Captain Bluebear
    Morning all!

    Not been on here for a while but I'm just sticking my head around the door to say I've just paid another £354 to my debts. This means I've got rid of another debt leaving me with just one left and I'm now owing just exactly £1000!

    I really couldn't have done this without this thread and all you lovely people! Thank you all! Especially to Muppets!

    #66 £1889/£2889
    Last edited by Captain Bluebear; 16-03-2017 at 9:58 AM.
    LBM Dec 15 £5,629 paid £2740 in 2016

    PAYDBX17 #66 £2889/£2889
    Debt free on 31/10/17!!!


    Jan NSD 7/12---- Jan LTW 8/16
    • cutiepieabf
    • By cutiepieabf 16th Mar 17, 9:54 AM
    • 344 Posts
    • 3,561 Thanks
    cutiepieabf
    Hi folks, well done all for your progress already this year. It is very inspiring.
    I have bitten the bullet and have been accepted for a personal loan with PO to consolidate my 2 remaining credit cards. I didn't manage to get the advertised 3.9% but did get 11% over 4 years. The monthly payments are less than what i am paying now, and i am able to overpay if i have money spare, so i am really happy that at the end of the 4 years it will be gone. I was really hoping i could somehow pay it off sooner but life expenses just kept getting in the way.

    I will update my signature shortly to reflect the new debt total.

    Thanks guys x
    DFBX2016 #160 - £3550/£8800

    DFBX2017 #160 - £0/£11,378

    £0/7807 CapOne (0% PAID) £0/2776 Tesco (0% PAID)
    £820/820 HSBC OD (100% PAID) £0/£795 HSBC M/C (0% PAID)
    • kirtsypoos
    • By kirtsypoos 16th Mar 17, 11:35 AM
    • 3,205 Posts
    • 14,222 Thanks
    kirtsypoos
    Morning all!

    #006 checking in with £2270.10/£10000 please muppets
    £70/3000 OH BC(97.66% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £70/31010.23 (99.77% paid)
    Mortgage - £159,900.00 (2017/2018 O/P £2877.06) PAYDBX 17 - £18,442.82
    PAYDBX 18 #006 £891.66/£4000
    • Calling14
    • By Calling14 16th Mar 17, 12:35 PM
    • 2,551 Posts
    • 18,815 Thanks
    Calling14
    Hi Payment of 75 pounds for me today

    #16 1582/4300

    Thanks muppets

    LBM 13039 1.1.13 Start 2018 £5552 NOW £4700 EEK house repairs pushed it back up
    PAYDBX 2018 #16 852/£5552 DFD 12/18
    E
    Fund #9 £220/£1,000
    1 x 100 days challenge
    £687/£2000

    • Megano
    • By Megano 16th Mar 17, 8:54 PM
    • 239 Posts
    • 1,054 Thanks
    Megano
    036) Payment of £250 to report.

    In typical me fashion it looks like I may have my maths wrong! Should be able to work out the correct amount in the next couple of days and i'll give you the new figures
    Last edited by Megano; 16-03-2017 at 9:10 PM.
    Virgin Money £0/£1663.90
    TSB £11.56/£2554.50
    BOM £0/£930
    Tesco £0/£1605
    Total £11.56/ £6753.4 0.17%
    • abba1772
    • By abba1772 17th Mar 17, 8:28 AM
    • 4,158 Posts
    • 13,155 Thanks
    abba1772
    £106 sent towards the Halifax card brings my total to £1504.50 / £6000

    And my holiday is officially paid off........now to save up our spending money
    NEXT TARGET HALIFAX CC WAS July 17 £3572.57 NOW £3995.93
    POAMAYC 2011 £6382.66 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 £368.09
    • Chappie77
    • By Chappie77 17th Mar 17, 2:05 PM
    • 136 Posts
    • 694 Thanks
    Chappie77
    Hi all!

    I have had a week where I couldn't stop thinking about our debt and how I would like to wipe it. So I have sold items and have been able to put £530 off our debt this week.

    #67 - £530 - £1811.18/£5500

    Chappie x
    Payment a Day 2018 Very £227.17/£1234.09 Saving for Xmas 2018 £55/£500 Virtual Sealed Pot 2018 £60/£700 PAYDBX2018 £450.48/£7268.47 £2 Savers Club 2018 £68
    • kirtsypoos
    • By kirtsypoos 17th Mar 17, 2:40 PM
    • 3,205 Posts
    • 14,222 Thanks
    kirtsypoos
    Afternoon All,

    #006 checking in with £2275.10/£10000 please muppets
    £70/3000 OH BC(97.66% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £70/31010.23 (99.77% paid)
    Mortgage - £159,900.00 (2017/2018 O/P £2877.06) PAYDBX 17 - £18,442.82
    PAYDBX 18 #006 £891.66/£4000
    • chocoholicqueen
    • By chocoholicqueen 17th Mar 17, 8:45 PM
    • 564 Posts
    • 1,245 Thanks
    chocoholicqueen
    A few more bills have come in, that's £362 paid.


    #30 £1886/£6000
    Emergency Fund £0/£500
    £365 in 365 Days #18 £520/£520
    £2.00 Savers Club 2017 #11 £300/£300
    • chocoholicqueen
    • By chocoholicqueen 17th Mar 17, 9:26 PM
    • 564 Posts
    • 1,245 Thanks
    chocoholicqueen
    Just realised I hadn't made a payment to the Barclaycard, so another £215 added to the total. #30 £2101/£6000
    Emergency Fund £0/£500
    £365 in 365 Days #18 £520/£520
    £2.00 Savers Club 2017 #11 £300/£300
    • jayII
    • By jayII 17th Mar 17, 11:24 PM
    • 39,976 Posts
    • 106,761 Thanks
    jayII
    #11 checking in with: £2101.16 / £16,987.39

    Thanks Muppets.
    Total unsecured debt paid off/stoozed in 2018: (£881+33+500)= £1414/£12490.
    Slimming Through The Winter - Slimming World Support Thread #1 2018: 0/8lbs

    • Blackberrycurved
    • By Blackberrycurved 18th Mar 17, 8:05 AM
    • 74 Posts
    • 574 Thanks
    Blackberrycurved
    I'm getting really depressed about money and debts.
    Blackberry Curved debt free 2018[ #17 £321.59/£11,000Save for Christmas #? £40/£3651% challenge #7 £21/£110
    • Whoknowskt89
    • By Whoknowskt89 18th Mar 17, 9:21 AM
    • 262 Posts
    • 623 Thanks
    Whoknowskt89
    #141 - moved loan to 0% card so extra for fees but no more interest.

    £1424 left to pay - £794/£2218
    August 2017 £9510/£11,150 savings aim for EF and moving (by Jan 2018)
    Mortgage £67 483 Emergency fund £1500 Moving fund £8010 Treats account £648 Doing up flat £1050
    Christmas 2017 £120/£160
    • Glittery
    • By Glittery 18th Mar 17, 9:46 AM
    • 105 Posts
    • 767 Thanks
    Glittery
    I'm getting really depressed about money and debts.
    Originally posted by Blackberrycurved
    Don't let yourself feel down about this, remind yourself 'It's ONLY MONEY'.
    Yeah it can feel like you have gotten yourself into a mess, and you should beat yourself up about it - but only for 5 minutes !
    Then you start with the intention to pay it off (which you are doing!).
    You should feel great about yourself, and that you WILL NEVER LET YOURSELF FEEL LIKE THIS AGAIN.
    Because, YOU WILL NEVER BORROW MONEY AGAIN.....EVER

    12800 to pay off
    £4822.20 to pay off !
    • IrishRose12
    • By IrishRose12 18th Mar 17, 2:52 PM
    • 1,469 Posts
    • 6,277 Thanks
    IrishRose12
    Just managed to make another small payment today so I'm now a third of the way there!!

    #57 £504.68/£1,500
    Pay all debt off by Christmas 2018 #57 £241.86/£3,000
    £1 a day challenge 2018 - £20/ £365

    The 365 Day Penny Challenge #2 - £25.00/£650

    2018 - RULE OF 3 Decluttering challenge - 623/1,095 items
    Book challenge 1/20
    • Blackberrycurved
    • By Blackberrycurved 18th Mar 17, 5:50 PM
    • 74 Posts
    • 574 Thanks
    Blackberrycurved
    Thanks Glittery but you need a certain amount to live don't you? Food, bills, things break and need fixing so you can not spend but you still need an amount to live and that's how I end up borrowing because I can't actually pay everything without. Will keep trying though
    Blackberry Curved debt free 2018[ #17 £321.59/£11,000Save for Christmas #? £40/£3651% challenge #7 £21/£110
    • LuckyPenny
    • By LuckyPenny 18th Mar 17, 7:49 PM
    • 734 Posts
    • 5,524 Thanks
    LuckyPenny
    Slowly chipping away at my CC debt, I've managed to consolidate to one card and I'm paying off as much as I can each month. Paid off £400 today. its now debt owing from buying a car. I'm really pleased with myself that I haven't added anything to my debt as I've been saving for Christmas, holidays, birthdays etc. Keep going everyone, we'll get there, LP x

    #40 £1100/£5865
    1% Challenge #28 £129.41/£4000 3.2%
    Pay off all debts by Xmas 2017 #40 £532.87/£6500 Christmas 2018 Saving #16 £15/365
    Competition wins £12,029
    Declutter 3 per day
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

4,546Posts Today

8,895Users online

Martin's Twitter