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NEW - pay off £20,000 (ish) by Christmas 2009

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  • fredsnail
    fredsnail Posts: 2,068 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Have finally decided to take the bull by the horns so to speak and tackle my problem in this area.

    Can I join you all in here?

    I'd like to pay £10k off my debts by Christmas.

    From what I can gather from reading the thread you're doing regular payments to loans/CCards etc, car boots and ebaying things, can I ask what else you're doing - I'm desperately seeking ideas as 2 of my credit cards have put up their interest rates and I really need to make some headway in reducing the balances but when I make a payment to them most of it is swallowed up by next months interest.

    Thanks

    fs
  • lemma1968
    lemma1968 Posts: 1,379 Forumite
    Welcome Fredsnail:j

    Have a look at the Payment a Day thread as well. Its a great way to get rid of your cc debts.

    Its a bit quiet around here today..where is everyone?

    I have paid another £100 off my VAT arrears.

    Sig updated (52.63% paid towards my total)

    Happy Easter everyone :easter:
    2013 TARGET £30k
    2012 £26500 paid off.
    2011 £22750 paid off
    2010 £19800 paid off
    2009 MBNA Cleared 25.09.09 £34391.33 PAID OFF
    DFW Nerd 612 Proud to be dealing with my debts
  • dizzybuff
    dizzybuff Posts: 1,512 Forumite
    Okay im in here as well . errmm debt is OMG 18
    ONE HOUSE , DS+ DD Missymoo Living a day at a time and getting through this mess you have created.
    One day life will have no choice but to be nice to me :rotfl:
  • dizzybuff
    dizzybuff Posts: 1,512 Forumite
    Okay im in here as well . errmm debt is OMG 18 k nneed to get my act to gther with EBAY well , here i go xxx
    ONE HOUSE , DS+ DD Missymoo Living a day at a time and getting through this mess you have created.
    One day life will have no choice but to be nice to me :rotfl:
  • lemma1968
    lemma1968 Posts: 1,379 Forumite
    welcome to you too.:j

    You should pop over to the Payment a Day thread too. These two threads together really make such a HUGE difference and will have you debt free much quicker.

    Have a look at some of the other challenges as well.

    We are all fairly bonkers, but will help each other out if we can.

    Good luck x:D
    2013 TARGET £30k
    2012 £26500 paid off.
    2011 £22750 paid off
    2010 £19800 paid off
    2009 MBNA Cleared 25.09.09 £34391.33 PAID OFF
    DFW Nerd 612 Proud to be dealing with my debts
  • fredsnail
    fredsnail Posts: 2,068 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Many thanks for the welcome - have just discovered quidco - how much money have I already missed out on :o:confused:.

    Nevermind - not any more :D

    Also trying to get my head around matchbetting, I understand the principles but have to gather some courage and give it a go - most I bet is £1 each way on the Grand National :rotfl:.

    Will take a look at the payment a day thread too.

    Happy Easter.

    fs
  • BabyBetty
    BabyBetty Posts: 196 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Just paid £1,878 to the tax man on Friday. Have known this was coming for some time. This is not even included in my totals, as was setting aside the money for this one since December. Still hated to see it leave the bank Ouchhhhhhhhhhhhhhh!

    BB
    Original debt at LBM July 2008, £47, 654.34. Debt at January 2016, £21,443. Barclaycard [STRIKE]£9,000[/STRIKE]£8,756, Tesco cc [STRIKE]£3000[/STRIKE]£1,136. Debenhams storecard [STRIKE]£350[/STRIKE]£263, OD [STRIKE]£3,500[/STRIKE] £3,000, Corp Tax £3,036, Study loan £1,750, Smaller debts £2,000.

    Since my LBM I have not been fully committed so now I have had a 2nd LBM.
    Aiming to be debt free by December 2016:D
  • Floxxie
    Floxxie Posts: 2,853 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    fredsnail wrote: »
    Many thanks for the welcome - have just discovered quidco - how much money have I already missed out on :o:confused:.

    Nevermind - not any more :D

    Also trying to get my head around matchbetting, I understand the principles but have to gather some courage and give it a go - most I bet is £1 each way on the Grand National :rotfl:.

    Will take a look at the payment a day thread too.

    Happy Easter.

    fs

    You might want to have a look at Topcashback instead - they don't charge an admin fee, are more reliable than Quidco and offer an increase in your payment depending on how much you have 'spent' in the month.

    I'm busy MBing myself and it's my excuse for not posting what I have paid off this month. Make sure you use the referral board for signing up (and the cashback sites etc.)

    Good luck.

    Floxxie
    Mortgage start September 2015 £90000 MFiT #06
  • kashton_2
    kashton_2 Posts: 370 Forumite
    A small payment of £5 to tax credits for me this morning, updated siggy xx
    £10 a day challenge for nov £0/£300
    £10 a day challenge for jan £282.11/£310, feb £483/£290, mar £650/£310, apr £332/£300, may £440/310, jun £470/£300 jul £795/£310 aug £3660/£310, sept £510/300 oct £710/£310
    £2012 in 2012 £8182.88/£2012 :beer::T
  • Well - did a car boot yesterday - it was freezing! Have realised that I am useless at selling stuff, whereas hubby was selling all sorts of tat for bizarrely high prices!
    Anyway we made £80 and got rid of lots of rubbish.

    Now the bad news - need to spend the money we made on a new lawnmower - the flames coming out of the back of our current one makes this a necessity. We're also taking our dd's out for the day tomorrow - so guess that's our profit all gone.

    Never mind - still have £30 to pay towards cc in my purse, so still chugging onwards and upwards!
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