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  • FIRST POST
    • muppets
    • By muppets 13th Dec 16, 8:02 PM
    • 699Posts
    • 4,957Thanks
    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 96
    • Blackberrycurved
    • By Blackberrycurved 3rd Dec 17, 4:46 PM
    • 61 Posts
    • 506 Thanks
    Blackberrycurved
    Congrats Elle Jay.
    Congrats Kirst p on the baby - my loan was 2.88% from Hitatchi Finance I did a soft search on here first bizarre some would only give me a small chance of a loan others a great chance.

    Muppets to stop messing you about by altering totals because i imagine that this is such hard work. You could put my total as cleared because technically I have paid 3/4 of it completely and the other 1/4 I'll add to my mortgage figure which was never on here on here because I had not thought of clearing it. And my figure for 2018 on the New Spreadsheet will be £11,000 omg it sounds a lot but at least I know without debt busting it will be gone in 36 months. With the help of you people and some luck I could do it in 12 - 18 months maybe.
    Blackberry Curved debt free 2017 number 17 £0/£11,000
    [[COLOR="Purple"Save for Christmas 2018 £5/£365
    1% challenge £11/£110
    • Blackberrycurved
    • By Blackberrycurved 3rd Dec 17, 4:50 PM
    • 61 Posts
    • 506 Thanks
    Blackberrycurved

    THANK YOU MUPPETS Not Debt Free so no congrats but Debt Better.
    Can I be number 8 next time or 17 or 27 if not any number. Feeling so much better.
    Blackberry Curved debt free 2017 number 17 £0/£11,000
    [[COLOR="Purple"Save for Christmas 2018 £5/£365
    1% challenge £11/£110
    • muppets
    • By muppets 3rd Dec 17, 6:07 PM
    • 699 Posts
    • 4,957 Thanks
    muppets
    #46 with a payment of £10 please Muppets.....

    However, when I logged on this morning to the loan account it was £166.73 less for some reason, no idea how that happened as there were no more payments gone in...must have been an adjustment of some sort (early Christmas present from official secret santa??) ....don't know how to adjust the figure here now......the total outstanding at the moment is £4427.27
    Originally posted by fire-wannabe
    I can take the £166.73 off your figures for this year if you like?
    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
    • muppets
    • By muppets 3rd Dec 17, 6:11 PM
    • 699 Posts
    • 4,957 Thanks
    muppets
    Hello, pay day has been and gone so I have £100 today to put to my CC. I had hoped to have a little more but I got engaged a few weeks ago so we've had a few celebrations to pay for and I bought my fiance a present, only fair, I got a ring

    Looking forward to properly knuckling down and getting all this debt (and a bit more to add too) paid off by May next year hopefully and then I can spend a year saving for the wedding!

    #118 £3686.97 / £4861 (75.85%)
    Originally posted by elleJay42
    Congrats
    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
    • muppets
    • By muppets 3rd Dec 17, 6:17 PM
    • 699 Posts
    • 4,957 Thanks
    muppets

    THANK YOU MUPPETS Not Debt Free so no congrats but Debt Better.
    Can I be number 8 next time or 17 or 27 if not any number. Feeling so much better.
    Originally posted by Blackberrycurved
    Remind me on the next thread that I'm giving you spot #17 i'll only forget otherwise.
    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
    • muppets
    • By muppets 3rd Dec 17, 6:26 PM
    • 699 Posts
    • 4,957 Thanks
    muppets
    Morning All


    Just wanted to say hurrah for the below, as from this morning !

    Account xxxx
    Outstanding Balance = £0.00
    Payment Due = No Payment Due


    I did it :-) Thanks everyone for keeping me on track (via my lurking when you weren't looking ).


    El
    Originally posted by Eltee12
    Congrats
    #45 E1tee12
    Joined on 21st Dec 2016
    Debt free on 14th Nov 2017
    Total cleared - £1,968
    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
    • muppets
    • By muppets 3rd Dec 17, 6:30 PM
    • 699 Posts
    • 4,957 Thanks
    muppets
    Congrats to the following members who have smashed this years targets



    # 10 abba1772
    Smashed their target
    Target cleared - £ 6,000.00


    # 01 Muppets
    Smashed their target
    Target cleared - £ 11,000.00

    # 59 Blackberrycurved
    Smashed their target
    Target cleared - £ 5,597

    # 87 kindofagilr
    Smashed their target
    Target cleared - £ 10,000


    Last edited by muppets; 04-12-2017 at 3:46 AM.
    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
    • muppets
    • By muppets 3rd Dec 17, 6:36 PM
    • 699 Posts
    • 4,957 Thanks
    muppets
    NOVEMBERS UPDATE

    We had 1 Member who became DEBT FREE
    We had 3 Member who smashed their target for the year

    We paid off £11,780.95

    We paid off a total of £374,605.99 which is 28.11% of our target
    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
    • muppets
    • By muppets 3rd Dec 17, 6:42 PM
    • 699 Posts
    • 4,957 Thanks
    muppets
    I will get next years thread up this week sometime.

    All active members from this year will be given the same numbers unless you want new ones.
    New members will be allocated numbers after Christmas when this thread ends.
    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
    • Windofchange
    • By Windofchange 3rd Dec 17, 7:21 PM
    • 608 Posts
    • 683 Thanks
    Windofchange
    Well done all - it's been a while since I checked in here, time has flown! I will be carrying on into the new year - having cleared some 6.5k this year, the final 1500 or so is stubborn. Have had a few unexpected bills come up the last couple of months, but the good news is I have paid them all with my debit card rather than adding any debt on. Decembers spare pay is going to go towards a downpayment on a big holiday for next year, so nothing to come off then, but I'm working straight through xmas and the overtime payments will mean that January will be a big pay cheque. Not quite going to make it for 2017, but early 2018 I will have busted this debt at last!
    Last edited by Windofchange; 03-12-2017 at 8:59 PM.
    Debt Free by Xmas 2017
    86.58% of Virgin CC £3750 0% of Barclaycard CC £1123.91 100% of Bank of Scotland CC £704.74 100% of Student Loan £3124
    • jayII
    • By jayII 3rd Dec 17, 7:22 PM
    • 39,930 Posts
    • 106,442 Thanks
    jayII
    Hi all,I haven't posted much because we've done nothing but spend over the last 6 months--my ancient car had to be scrapped and replaced (we live rurally so decent cars are a necessity to get to and from work), then one thing after another has come to the end of it's life.

    At the end of the year the debt is still £12,363 so (excluding 6K for the car) only we've only paid off £4635.39 this year.

    Next year I'm hoping to hit it all hard, to be debt neutral by Christmas 2018.

    Thanks Muppets for the thread and all your hard work.
    Slimming world 12.5lbs lost so far
    Pay all your debt off by Xmas 2018 #11 £0/£7000
    Total debt reduction (cards and mortg) Feb '16 to Dec 17: £31,305
    NOT buying it in 2018, unless it's really really necessary!
    • kirtsypoos
    • By kirtsypoos 3rd Dec 17, 7:47 PM
    • 3,103 Posts
    • 13,808 Thanks
    kirtsypoos
    Evening all!

    Mortgage OP today of £97.79 takes me to:

    #006 checking in with £17,737.53/14,539.71 please muppets Looking forward to next years challenge, I'll be aiming to reduce the mortgage by as much as possible - easier said than done on maternity leave but I love a challenge!!
    £150/3000 OH BC(95% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £150/31010.23 (99.51% paid)
    Mortgage - £160,500.00 (2017 O/P £2475.46) PAYDBX 17 #006 - £18,079.25/14,539.71
    • abba1772
    • By abba1772 3rd Dec 17, 9:50 PM
    • 4,043 Posts
    • 12,422 Thanks
    abba1772
    I smashed my target too muppets

    I'm happy to stay the same number and my target for £6000 for next year as well xx
    NEXT TARGET HALIFAX CC WAS July 17 £3572.57 NOW £4531.19
    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 £6826.34 / £6000
    • Blackberrycurved
    • By Blackberrycurved 4th Dec 17, 12:26 AM
    • 61 Posts
    • 506 Thanks
    Blackberrycurved
    Well done abba1772
    Muppets in case I don’t get chance to post this week and you set up the new thread. Number 17 if possible my dd’s birthday and my target is £11,000. I can do this.
    Blackberry Curved debt free 2017 number 17 £0/£11,000
    [[COLOR="Purple"Save for Christmas 2018 £5/£365
    1% challenge £11/£110
    • muppets
    • By muppets 4th Dec 17, 3:52 AM
    • 699 Posts
    • 4,957 Thanks
    muppets
    I smashed my target too muppets

    I'm happy to stay the same number and my target for £6000 for next year as well xx
    Originally posted by abba1772
    I woke up at 4am this morning thinking I hadn't added you to the list.
    The above post has been edited and also on page 1
    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
    • muppets
    • By muppets 4th Dec 17, 4:31 AM
    • 699 Posts
    • 4,957 Thanks
    muppets
    2018 Challenge is open http://forums.moneysavingexpert.com/showthread.php?p=73508530#post73508530

    So far I have myself, Blackberrycurved, kirtsypoos and abba1772 added.
    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
    • fire-wannabe
    • By fire-wannabe 4th Dec 17, 5:24 AM
    • 81 Posts
    • 409 Thanks
    fire-wannabe
    Hi Muppets, yes please if you could take that amount off my figures would be great....I posted on the new thread with the new target figure....this year has gone fast....!!!!
    Pay ALL your debt off by Xmas 2017 #46 £858.52/£5380
    • kirtsypoos
    • By kirtsypoos 4th Dec 17, 10:01 AM
    • 3,103 Posts
    • 13,808 Thanks
    kirtsypoos
    Morning all!

    #006 checking in with £17,812.53/14,539.71 after the DD for our flights CC came out this morning
    £150/3000 OH BC(95% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £150/31010.23 (99.51% paid)
    Mortgage - £160,500.00 (2017 O/P £2475.46) PAYDBX 17 #006 - £18,079.25/14,539.71
    • kindofagilr
    • By kindofagilr 4th Dec 17, 1:19 PM
    • 6,091 Posts
    • 20,450 Thanks
    kindofagilr
    Thank you Muppets xx
    POAMAYC 2018 #87 PD £0.00/£12,000
    POAMAYC 2017 #87 PD £10,380.18/£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/£86,057.00 (as of 31/08/17) ~ 17.57% Paid

    Survey Money 2017/£107.00 ~ 2018/£0.00

    My Debt Free Diary (Link)
    • abba1772
    • By abba1772 4th Dec 17, 2:29 PM
    • 4,043 Posts
    • 12,422 Thanks
    abba1772
    I woke up at 4am this morning thinking I hadn't added you to the list.
    The above post has been edited and also on page 1
    Originally posted by muppets
    Aww bless you muppets sorry that I woke you xx
    NEXT TARGET HALIFAX CC WAS July 17 £3572.57 NOW £4531.19
    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 £6826.34 / £6000
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