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  • FIRST POST
    • muppets
    • By muppets 4th Dec 17, 4:17 AM
    • 732Posts
    • 5,237Thanks
    muppets
    Pay ALL your debt off by Xmas 2018
    • #1
    • 4th Dec 17, 4:17 AM
    Pay ALL your debt off by Xmas 2018 4th Dec 17 at 4:17 AM
    Welcome to PART 1 OF Pay ALL Your Debt Off By Xmas 2018!

    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 2018.



    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!
    PAYDBX 2017 - #01 Pd £10,446.83 / £11,000 - 94.97%
    SPC10 #93
    MFiT-T4 #9
    3-6 mth EF #69
    Ä4,300 / 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 15
    • Blackberrycurved
    • By Blackberrycurved 7th Jan 18, 4:28 PM
    • 74 Posts
    • 574 Thanks
    Blackberrycurved
    ABBA and Kirsty P. Sorry being a bit thick I get the food shopping thing. I donít think I can do that but obviously I need to budget for food. I donít use supermarkets only the greengrocer and fish shop every few days and so it sort of costs what it costs. ABBA what do you mean rounding what account up? I can only pay amounts £10 or over to my cc. Do you save up the bits in cash or on a spreadsheet and then pay it. Apologies for not getting this.
    Blackberry Curved debt free 2018[ #17 £321.59/£11,000Save for Christmas #? £40/£3651% challenge #7 £21/£110
    • abba1772
    • By abba1772 7th Jan 18, 6:07 PM
    • 4,152 Posts
    • 13,116 Thanks
    abba1772
    ABBA and Kirsty P. Sorry being a bit thick I get the food shopping thing. I donít think I can do that but obviously I need to budget for food. I donít use supermarkets only the greengrocer and fish shop every few days and so it sort of costs what it costs. ABBA what do you mean rounding what account up? I can only pay amounts £10 or over to my cc. Do you save up the bits in cash or on a spreadsheet and then pay it. Apologies for not getting this.
    Originally posted by Blackberrycurved

    I check my bank account every day so I aim to make a payment a day (PAD) if my account is sitting at £376.51 I'll round my account down to the nearest £10 .........in this case I'll sent £6.51 towards whatever debt I'm tackling. If my account is sitting at £370 I'll aim to send £10 towards whatever debt I'm tackling but it depends on what bills are still coming out like my mortgage etc as I don't want to leave myself short xx

    Does that make sense blackberry
    NEXT TARGET HALIFAX CC WAS July 17 £3572.57 NOW £3998.33
    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 £365.69
    • A Random Man
    • By A Random Man 7th Jan 18, 9:27 PM
    • 125 Posts
    • 632 Thanks
    A Random Man
    Muppets would it be possible to change my total to £4100 instead of £10,500 it just that i want to soley focus getting rid of the cards first then my loan so at the moment based on the new calculations i have paid off:

    #58 £250.48/4100
    Credit card 1 £600/0 (100% Paid)|Credit Card 2 £4500/£1289.25 (71.35% Paid)|Loan £7500/7228.53(3.61% Paid)
    Payment A Day total: £10.00
    • kirtsypoos
    • By kirtsypoos 7th Jan 18, 10:24 PM
    • 3,195 Posts
    • 14,186 Thanks
    kirtsypoos
    Evening all,

    PAD to CC means:

    #006 checking in with £229.10/£4000 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 - £159,999.99 (2017/2018 O/P £2777.07) PAYDBX 17 - £18,442.82
    PAYDBX 18 #006 £744.91/£4000
    • Blackberrycurved
    • By Blackberrycurved 8th Jan 18, 12:14 AM
    • 74 Posts
    • 574 Thanks
    Blackberrycurved
    Yes I understand Abba when my account isn’t in overdraft I’ll do it but at the minute I’m stuck with a Halifax account which charges daily interest so the less I have in on any given day the more they charge me but yes a great idea.
    Blackberry Curved debt free 2018[ #17 £321.59/£11,000Save for Christmas #? £40/£3651% challenge #7 £21/£110
    • A Random Man
    • By A Random Man 8th Jan 18, 12:22 AM
    • 125 Posts
    • 632 Thanks
    A Random Man
    Number 58 checking in with a £16.60 payment towards my first credit card so for today i am declaring:

    #58 £267.08/£4100
    Credit card 1 £600/0 (100% Paid)|Credit Card 2 £4500/£1289.25 (71.35% Paid)|Loan £7500/7228.53(3.61% Paid)
    Payment A Day total: £10.00
    • abba1772
    • By abba1772 8th Jan 18, 8:16 AM
    • 4,152 Posts
    • 13,116 Thanks
    abba1772
    £69.78 sent towards the Halifax card and £100 sent towards the barclaycard

    Brings my total to £225.44 / £6000
    NEXT TARGET HALIFAX CC WAS July 17 £3572.57 NOW £3998.33
    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 £365.69
    • Purplemumof2
    • By Purplemumof2 8th Jan 18, 8:48 AM
    • 5,548 Posts
    • 20,209 Thanks
    Purplemumof2
    Morning

    Number 41 checking in, payment of £629.60 paid.

    £878.17/£4000
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £6900.00 Cap 1: £467.97 BC: £6900.00

    AFD 4/14 NSD 9/17 LTW 10/17
    POAMAYC 2018 #041 PD £878.17/£4000
    20p Savers 2018 £2 Savers 2018 50p Savers 2018 SPC 11 2018 #003
    • IrisViolet
    • By IrisViolet 8th Jan 18, 10:46 AM
    • 91 Posts
    • 1,760 Thanks
    IrisViolet
    Hi can I join please.
    My target is £8864.02

    Thanks!
    • klbooth
    • By klbooth 8th Jan 18, 11:03 AM
    • 46 Posts
    • 135 Thanks
    klbooth
    I am not on the front list yet but wanted to change my target anyway. Have a plan now for the year and need to pay off 1 CC and the rest is on another which I think is not doable but will aim for half of that one instead as it is on 24mths 0% so would make sense to get half done this year to be on target. So... total target is £10014, eeek.

    £120/£10014
    1P Challenge #13 £41.02/£667.95;£2 Club #30 £6;50p Club #8 £4.50;20p Club #100 £13.40;SPC #39 £?;VSPC #15 £18.49;1 Debt Vs 100 Days #1 £0/£3964;
    Pay All Your Debt Off By Xmas 2018 #118 £600/£10014
    Jan Grocery Challenge £368.57/450
    • sunshine81
    • By sunshine81 8th Jan 18, 12:45 PM
    • 811 Posts
    • 4,549 Thanks
    sunshine81
    #145 £2844.89 / £19261 (14.77%)
    • kirtsypoos
    • By kirtsypoos 8th Jan 18, 1:00 PM
    • 3,195 Posts
    • 14,186 Thanks
    kirtsypoos
    Afternoon All!

    #006 checking in with £304.10/£4000 please Muppets! OHs CC DD came out this morning, leaving only 1 more payment on that account to go
    £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 - £159,999.99 (2017/2018 O/P £2777.07) PAYDBX 17 - £18,442.82
    PAYDBX 18 #006 £744.91/£4000
    • Calling14
    • By Calling14 8th Jan 18, 1:47 PM
    • 2,548 Posts
    • 18,793 Thanks
    Calling14
    Trying to pay something today £36 thrown at my virgin card.

    #16 £201/£5552

    Stay warm it's cold out there today
    LBM 13039 1.1.13 Start 2018 £5552 NOW £4718 EEK house repairs pushed it back up
    PAYDBX 2018 #16 834/£5552 DFD 12/18
    E
    Fund #9 £220/£1,000
    1 x 100 days challenge
    £669/£2000

    • BunnyB22
    • By BunnyB22 8th Jan 18, 9:07 PM
    • 5 Posts
    • 37 Thanks
    BunnyB22
    I Wanna Break Free - Debt Free Wannabe
    Hi Muppets,

    I'm a debt free wannabe newbie please add me to the forum




    #TBC £0.00 / £16,200.88

    Total Debt £64,128.89
    Made up of
    Mortgage Outstanding £47,928.21 (£47,071.79 already paid off but total mortgage only 50% as shared ownership)
    Credit Cards £15,134.74
    Over Draft £1,065.94

    Total Monthly Outgoings £1,132.69
    Mortgage £365.58 (repayment fixed 5yrs to Oct22 2.39% interest)
    Housing Assoc Rent/Service Charge £512.10
    TMP £41.02
    Aviva Life Ins £35.21
    Prudential Life Ins £35.80
    Electric/Heating/Hot Water £51.00
    Home Phone/BB/Mobile £49.68
    TV Licence £12.37
    Gym Membership £29.93
    Car Insurance/MoT due this month

    Monthly Income:
    £2284.48-£1132.69 =£1151.79

    Aim to pay off £2036.60 off credit card debt to clear 2 cards this month (sold shares)
    Cleared out clutter over weekend plan to rent out spare room Mon-Fri from Mar18
    Found £30 in old notes, exchanging at Bank of England 2moro and will pay further £30 off credit card debt

    Why do i have so many insurance policies for 1 mortgage!!!!! Note to self try & consolidate to reduce payments or buy a canoe
    ��


    BunnyB22








    Last edited by BunnyB22; 09-01-2018 at 10:14 PM. Reason: Type Target on Bold
    • jayII
    • By jayII 8th Jan 18, 9:21 PM
    • 39,971 Posts
    • 106,725 Thanks
    jayII
    I've made additional payment of £30, so total is:

    # 11 reporting £911 / £12490


    Edited because I counted some savings twice, doh!

    Last edited by jayII; 09-01-2018 at 9:04 PM.
    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

    • Ammeretto
    • By Ammeretto 8th Jan 18, 10:26 PM
    • 173 Posts
    • 413 Thanks
    Ammeretto
    checking in with two regular payments going out today totalling £165

    #142 £500/£11,000 = 4.5%
    Debt at LBM (Mar 14) - £29,981.66 + £11,320.91 Car & Bike HP + £799.78 HMRC tax credits = £42,102.35
    Credit card Debt Dec 17 - £11,000
    PAYDbyXMAS2017 #142 - £12,850 / £10,000 - 128.5%
    PAYDbyXMAS2017 #142 - £600 / £11,000 - 5.5%
    • A Random Man
    • By A Random Man 8th Jan 18, 10:28 PM
    • 125 Posts
    • 632 Thanks
    A Random Man
    Just cleared my first credit card today so now:

    #58 £832.01/£4100
    Credit card 1 £600/0 (100% Paid)|Credit Card 2 £4500/£1289.25 (71.35% Paid)|Loan £7500/7228.53(3.61% Paid)
    Payment A Day total: £10.00
    • Dizzy Imp
    • By Dizzy Imp 8th Jan 18, 11:02 PM
    • 2,125 Posts
    • 19,674 Thanks
    Dizzy Imp
    Hi Muppets - can a former member rejoin to kick the last of the debt into touch please?

    My target is £4500 over this coming year. I'll be PADding or sending extra payments in addition to the usual DD amounts each month.

    Thanks x
    • abba1772
    • By abba1772 9th Jan 18, 7:47 AM
    • 4,152 Posts
    • 13,116 Thanks
    abba1772
    £10 sent towards the Halifax brings my total to £235.44 / £6000
    NEXT TARGET HALIFAX CC WAS July 17 £3572.57 NOW £3998.33
    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 £365.69
    • AdventureWanted
    • By AdventureWanted 9th Jan 18, 8:30 AM
    • 253 Posts
    • 783 Thanks
    AdventureWanted
    #29 checking in. Currently paid £250.60 / £12,500
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