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The Debt Free Birthday Club Challenge!

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  • mooomin
    mooomin Posts: 13,703 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    kashton wrote: »
    Paid £537 off my debts today, cleared one as well! Am now sub 13k OMG sounds so much, a few of the debts are little monthly payments that i am happy to plod along with, its the credit cards i want gone. 2011 seems so far away to, i REALLY want to be debt free by then.

    Good luck everyone
    smiliewave.gif


    woohoo2.gif

    blissysmile.gif

    Well done!!
  • Hiya DFB'S:cool:
    Hope everyone is hunkydory! free-scared-smileys-422.gif
    I'm just trying out something on to encourage me on the debtbuster road to enlightenment ( not that you lot don't already;))
    May you fill up the great clutterbucket of life and may all of your leaks be in cheese sauce:D
    Use it up, wear it out, make it do or do without:cool:
  • It worked !!! that's me washing away all my debts! Right down to business- hiya to all the new peeps -the more the merrier I say! This weekend was spent trying to buy a new fridge (the old one just coughed and gave up on friday night:eek:) So off we trot - hubby and I and as a treat I gave him some money for the car apparently it needs something called diesel!!! However, as we left the garage the car just stopped and conked out free-scared-smileys-306.gif
    I could not believe it!!! no fridge and no car - The car is now working thanks to a very nice garage who accepted a big box of biccies to say thanks for fixing it:T
    So when life gets you down remember smile :rotfl:andget back on track with the DFB's :cool:- end of the month soon ooooh just got a chq for £4.83 in the post !!!
    May you fill up the great clutterbucket of life and may all of your leaks be in cheese sauce:D
    Use it up, wear it out, make it do or do without:cool:
  • shrimpy_80
    shrimpy_80 Posts: 1,631 Forumite
    laura2481 wrote: »
    Ooooh, that would be really good. A nice chunk off... have you got anything you can use? It would be a shame to miss the F&F deadline.

    Good luck! :D

    Thanks Laura, I have just over £150 put by and a bonus of £150ish from my main job due in a couple of weeks, the rest I am hoping to pay through my second job, only normally do Sundays but they will luckily let me do Saturdays as well, plus the 2 Bank Holidays this month (though only get paid for one in time). Will be a tiring month but definitely worth it to be able to cross it off the list! Excited about it already :D
    Barclaycard [STRIKE]£7,296.35[/STRIKE] £6134.99 - MBNA [STRIKE]£4,182.88[/STRIKE] £3267.08 - O/draft [STRIKE]£569.31[/STRIKE] £413.59 - Capital One [STRIKE]£1477.55[/STRIKE] £1451.44
    Total debt [STRIKE]£12048.54[/STRIKE] £11267.10 6% paid
  • nikki02_2
    nikki02_2 Posts: 468 Forumite
    Thanks FF x

    I'm so so close to clearing the balance on cc1, only £99 left to go!!:D

    I've never been so excited about paying debts before :rotfl:
    Comping wins

    May 2013: Sausage Roll :D
    Keep calm and carry on comping
    :j
  • ehallett
    ehallett Posts: 1,960 Forumite
    Hi everyone

    I hope you are all well.

    My DMP statement is through so that's another £813 off my debt. Plus I have paid just over £10 off the Barclaycard as extra. I had to do a new ticker as couldn't work out how to alter it:


    debt.png


    Hopefully this will work!!

    Emily x
  • Hi all!

    Hope you are all well.

    It seems like you are all doing really well. It's very inspiring seeing how well you are doing. I haven't done as well as I had hoped last month but hopefully things will improve this month (although I do have to buy a new shower and have it installed!!!:mad:).

    Emily - your ticker is looking very good...keep up the hard work!:T
    kashton - well done on clearing that debt!:T

    Okey dokey! Off to do my dishes...I live on my own, but I think they breed:eek:

    Keep up the hard work folks! x
    MBNA - [STRIKE]£7068.60 [/STRIKE] £7060.00 Egg - 1422.35 A&L - [STRIKE]£249.32[/STRIKE] £215.00
    Loan - £13279.50 :rolleyes:
  • laura2481
    laura2481 Posts: 4,305 Forumite
    1,000 Posts Combo Breaker
    Well done Kashton! And let us know how you are getting on Shrimpy! :)
  • Maisie_M
    Maisie_M Posts: 1,524 Forumite
    Part of the Furniture Combo Breaker
    Well done Kashton for clearing a debt.

    £7.53 off mine today as a DD left the bank account. So now paid of £85.53 in total since 18th April - not bad.

    debt.png


    Now need to start thinking of some ways to keep this going :D May start some serious ebaying as partner will be moving in soon and I need to make some room in the cupboards for his stuff - not sure I actually need 85 pairs of shoes and yet I can't seem to bring myself to sell them either lol.
  • savingholmes
    savingholmes Posts: 28,973 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks for adding me to the list! Love the visual tracker so done my own!

    Current credit card debt (ignoring savings for now altho if get a job soon may use towards debt repayments) is £15626.69! Over the next few days will be paying a further £205 which will leave £15421.69.


    debt.png
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £2.6K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
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