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  • FIRST POST
    • muppets
    • By muppets 13th Dec 16, 8:02 PM
    • 604Posts
    • 4,534Thanks
    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 2,829.98 / 11,000 - 26.17%
    SPC10 #93
    MFiT-T4 #9
    3-6 mth EF
    3,800 / 15,000
    Wombles #24 = 268.31
    Mortgage - PD 79,207.55 / 271,495.07 29.17% MF Aug 2038 Sept 2035
    My diary - Making a move on debt
Page 52
    • Glittery
    • By Glittery 20th Mar 17, 8:34 PM
    • 95 Posts
    • 702 Thanks
    Glittery
    #119

    Pay Day for me today.

    635 paid off.
    Think that is it for me until next month, unless I can sell stuff on ebay !

    3449.60/12800
    Last edited by Glittery; 20-03-2017 at 9:41 PM.
    12800 to pay off
    7272.20 to pay off !
    • donkids22
    • By donkids22 20th Mar 17, 9:04 PM
    • 125 Posts
    • 604 Thanks
    donkids22
    No 054 1102.95 is my new total that i have paid off. This month has been pretty good 250 off bcard paid off they also refunded my interest 59.80 that i overpaid and i had a refund from my faulty boots of 98.91. Also paid 35 off vcard and 46 off scard.
    Pay off Debt 2017 no54. 1433.95/ 9691.07. NSD jan 15/15. NSD feb 12/15. NSD mar 5/15
    Apr 2/15. Xmas 2 a day no63 302/730. No buying unnecessary toiletries 2017. 1 debt versus 100 days 0/200. April Grocery challenge 210/240
    • kirtsypoos
    • By kirtsypoos 21st Mar 17, 1:48 PM
    • 2,689 Posts
    • 11,247 Thanks
    kirtsypoos
    Afternoon all!

    #006 checking in with 2435.10/10000 please muppets
    1175/3000 OH BC(60.83% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: 1175/31010.23 (96.21% paid)
    Mortgage - 164,000.00 (O/P 718.83 so far) PAYDBX 17 #006 - 13842.19/14,539.71Make 10 Apr 194.58 Make 10 May 159.75
    • Glittery
    • By Glittery 21st Mar 17, 4:11 PM
    • 95 Posts
    • 702 Thanks
    Glittery
    #119

    Saved 20 on shopping, so put it on to the loan bill.
    Listing lots of things on ebay tonight.

    20 paid off.


    3469.60/12800
    12800 to pay off
    7272.20 to pay off !
    • liuhutOz
    • By liuhutOz 22nd Mar 17, 5:46 AM
    • 125 Posts
    • 441 Thanks
    liuhutOz
    number 25 checking in. Just sent an extra payment and a fornightly, plus weekly one has gone out.

    No 25 . 3955 / 28955 means we have 25000 left to pay!
    Formally liuhut
    WIN 2008 in 2008 1836.31 2009 wins - 91!!! 2010 6170.... wins 2011 aprox 2000
    • kirtsypoos
    • By kirtsypoos 22nd Mar 17, 10:26 AM
    • 2,689 Posts
    • 11,247 Thanks
    kirtsypoos
    Morning all!

    #006 checking in with 2555.10/10000 please muppets
    1175/3000 OH BC(60.83% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: 1175/31010.23 (96.21% paid)
    Mortgage - 164,000.00 (O/P 718.83 so far) PAYDBX 17 #006 - 13842.19/14,539.71Make 10 Apr 194.58 Make 10 May 159.75
    • Carla1234
    • By Carla1234 22nd Mar 17, 7:06 PM
    • 23 Posts
    • 98 Thanks
    Carla1234
    #68 here

    I'm VERY HAPPY to report that I have, as of today, reached my first milestone of the year - my lowest credit card has been paid in full and has a lovely shiny balance of 0!! Treating myself to a new rucksack which I've wanted for six months. And then from April it's onto the largest debt, as the interest free period ends in August. That debt is large (2715) but after having paid off over 1500 in three months I'm feeling confident!

    So, new totals paid off so far are: 1778.40/6136.40
    Credit Card total debt JAN 2017: 6136.40 5297 4798 4358 4278

    Pay off all your debt XMAS 2017 #68
    • FeelingPeachy
    • By FeelingPeachy 22nd Mar 17, 9:13 PM
    • 18 Posts
    • 174 Thanks
    FeelingPeachy
    Hi All.
    Can I get some opinions please. I have a bank loan that is due to be paid by the end of April 2018. I have just been given a rise at work and a bonus and have planned all my payments out over the rest of the year so I can pay it off 4 months early. My original plan was to pay off my monthly payments and to put the rest in bonds (in the hope of winning the million!) until I had enough to pay the balance, but I'm now wondering if I should just keep whacking the money off the loan in overpayments, which would reduce the interest (a little but it's still something) and then I can see it coming down quicker. I'd also love now to get it paid 5 months early since I know as long as nothing big crops up I can pay off at least 4 months early? Or perhaps I could keep 552 in bonds as emergency (a whole months payment) incase anything comes up (I'm pretty sure one of our cars will need sorting soon :/)
    Just wondering what other people would do?
    Thanks
    FP
    Last edited by FeelingPeachy; 22-03-2017 at 9:16 PM.
    Pay ALL your debt off by Xmas 2017: Number 115 - Total now 2448.88/8302.47 29.49%
    • hotspur_pam
    • By hotspur_pam 22nd Mar 17, 9:32 PM
    • 192 Posts
    • 1,030 Thanks
    hotspur_pam
    Hi guys, hope you're all well.

    It's been ages since i've been on this website, but i've returned because i need to get my !!!! in gear. I've got myself in debt again and want to clear it all by Xmas. It's so depressing knowing i've let myself get into this pickle again.

    Anyway, can i be added to this challenge? My debt is 3984.88

    Thanks very much, good luck to all of us
    • XSpender
    • By XSpender 23rd Mar 17, 9:23 AM
    • 2,471 Posts
    • 25,843 Thanks
    XSpender
    We have had a very expensive month with DH wages (in a new role) and expenses much lower than expected (although the expenses should be back dated next month) and 2 large bills for maintenance and repairs that could not wait without causing further damage. A short break to pay for, a BNPL due for settlement, 2 big birthdays and their big nights out - it has all come at once this month.

    This has meant we have had to use the CC again and are back to where we started at the beginning of the year

    I am going to adjust my target down to 10,000 for the year as I do not think my original target of 20,000 is achievable with our reduction in income.

    Please can you change #99 to 0/10,000, thanks
    PAYDBX 2017 #99 from 1/6 - 0.00/10,000
    Total Owed 39,547.78 May '17 Total owed now 38,210.10
    Savings goal 500 - 325
    DFD - May 2021 goal Feb 2020
    • doingitanyway
    • By doingitanyway 23rd Mar 17, 11:30 AM
    • 1,501 Posts
    • 6,735 Thanks
    doingitanyway
    Number 39 and making a payment of 1,650. It almost killed me to pay such a large sum. But there it is. Done now.
    Thank you muppet for calculating all our percentages
    JANUARY 2016/SECURED DEBT=24,822/ February 2017=9,600
    MORTGAGE FREE 25/07/16
    • xbethanyx
    • By xbethanyx 23rd Mar 17, 4:48 PM
    • 54 Posts
    • 92 Thanks
    xbethanyx
    #143 605.00/7,126.98

    • mummy2threeboys
    • By mummy2threeboys 23rd Mar 17, 5:35 PM
    • 585 Posts
    • 5,250 Thanks
    mummy2threeboys
    Feelingpeachy..do you mean premium bonds? They have dropped badly the odds and are due to again, we have 700 and used to get about 150 a year , then nothing for 5 years now, We plan on getting the money back off them. Mse has a section about it somewhere xx

    Update please muppets another 50 , if I keep on at this rate I should be paid off by christmas or very near..It's addictive once you start . Goal for April is to pay off tesco x Pay off all your debt Xmas 2017 Member 42 968/ 4225 (22.9%)
    debts various PAID off 4575:
    total 7681 3107
    59.56% Debt free day jun 2019 Aug 18

    Pay off all your debt Xmas 2017 Member 42 1118/ 4225 (26.46%)
    No buying Toiletries 2017 134
    • FeelingPeachy
    • By FeelingPeachy 23rd Mar 17, 6:42 PM
    • 18 Posts
    • 174 Thanks
    FeelingPeachy
    Feelingpeachy..do you mean premium bonds? They have dropped badly the odds and are due to again, we have 700 and used to get about 150 a year , then nothing for 5 years now, We plan on getting the money back off them. Mse has a section about it somewhere xx

    Update please muppets another 50 , if I keep on at this rate I should be paid off by christmas or very near..It's addictive once you start . Goal for April is to pay off tesco x Pay off all your debt Xmas 2017 Member 42 968/ 4225 (22.9%)
    Originally posted by mummy2threeboys

    Hi Mummy2! Yes Premium Bonds. I didn't realise they had dropped? My parents have had some in there a while and never won, and one of the girls at work has won 25 from 1500, don't think she has had them in there too long. Perhaps I need to have a think about this then. Thank you for your reply!
    Pay ALL your debt off by Xmas 2017: Number 115 - Total now 2448.88/8302.47 29.49%
    • fire-wannabe
    • By fire-wannabe 24th Mar 17, 6:51 AM
    • 49 Posts
    • 275 Thanks
    fire-wannabe
    Hi Muppets

    #46 reporting with a payment of 15

    Thank you
    Pay ALL your debt off by Xmas 2017 #46 440/5380

    The "Save 12k in 2017" Thread #130 1015/1500
    • Bumblebear
    • By Bumblebear 24th Mar 17, 9:05 AM
    • 105 Posts
    • 436 Thanks
    Bumblebear
    Good morning, 500 off for #051 Bumblebear
    Balance will be 499 now, next month's payday I can clear it. I have a feeling I'm going to wish the next 4 weeks away...
    • GalRob
    • By GalRob 24th Mar 17, 11:28 AM
    • 10 Posts
    • 83 Thanks
    GalRob
    Good morning all
    Checking in with a payment of 500 today!


    Thanks muppets!!


    #134 1080.28/3147.65
    Pay all your debt by Xmas 2017 - #134 1505.28 / 3672.27 - 41%
    • Windofchange
    • By Windofchange 24th Mar 17, 5:51 PM
    • 439 Posts
    • 476 Thanks
    Windofchange
    Payday for me today and the last one of this financial year. I have cleared 1985 off the student loan for this year which represents a good chunk. Will have this wrapped up in a few months now as earnings have gone up a fair bit thanks to promotion back end of last year. Will pretty soon be onto my last debt - the Virgin Credit card.

    Going to take stock of things for a few days and see where I go with this months salary. As per last month, keen to put some of it away in my ISA, so won't be throwing it all at the debt.

    TOTAL FOR MUPPETS - 1985 OFF THIS MONTH FOR NUMBER 129

    EDIT: Just put another 500 into the ISA and brought another fund. Will let the credit card sit for a couple of weeks and see where I am early to mid April. If I've had the uneventful month that I should have had (car insurance paid last month) then I'll be able to take off a fair slice of the credit card. This is such a positive thread - keep going everyone!
    Last edited by Windofchange; 24-03-2017 at 8:13 PM.
    Debt Free by Xmas 2017
    100% of Bank of Scotland CC 704.74
    10.13% of Virgin CC 3750
    100% of Barclaycard CC 767.15
    68.69% of Student Loan 3124
    • jayII
    • By jayII 25th Mar 17, 9:37 AM
    • 39,867 Posts
    • 106,244 Thanks
    jayII
    Well done everyone, it's great to see all our debts going down!

    #11 checking in with: 3711.90 / 16,987.39

    I know the voices in my head aren't real, but sometimes their ideas are absolutely awesome!

    When you fall, I will be there to catch you - With love, the floor.




    • kindofagilr
    • By kindofagilr 25th Mar 17, 10:25 AM
    • 6,015 Posts
    • 20,167 Thanks
    kindofagilr
    Well done everyone

    #87 Paid 864.59 this month which brings my totals to:
    3248.38/10,000


    Thanks
    At LBM DFD was Dec 2024
    47,166.44
    /38,397.15 ~ 25/03/2017
    ~18.59% Paid

    POAMAYC 2017 #87 PD 4097.77/10,000

    POAMAYC 2016 #87 PD 7454.80/7000


    Mortgage (Start Date 01/04/09 ~ 30 year term, due to end 01/07/39)
    104,409/87,335 (as of 31/03/17) ~ 16.35% Paid

    My Debt Free Diary (Link)
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