We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

The Debt Free Birthday Club Challenge!

1…3637394142…82

Comments

  • SarahNeedle1872
    SarahNeedle1872 Posts: 6,166 Forumite
    Payday for me tomorrow too! Yay! I *promise* tonight I will track back and figure out what Ive paid since I last posted..... I would do it now but I'm sat on the patio watching DS soak himself with water! :)
    'We are all in the gutter, but some of us are looking at the stars' - Oscar Wilde
  • shrimpy_80
    shrimpy_80 Posts: 1,631 Forumite
    I too have been number crunching :D

    debt.png


    Have to say this looks a lot better than I expected so might have to check I haven't forgotten to carry a 1 somewhere!
    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
  • shrimpy_80
    shrimpy_80 Posts: 1,631 Forumite
    And on my Google desktop I have a countdown to my 30th birthday so I know how many days I have left and how much I will need to pay a day! Not too obsessed with this challenge then...
    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
  • shrimpy_80
    shrimpy_80 Posts: 1,631 Forumite
    £14.18 per day at the moment...eeek x x
    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
  • SarahNeedle1872
    SarahNeedle1872 Posts: 6,166 Forumite
    Finally caught up, and hace paid £160 since I last posted.... now I would go and update my ticker, but I can't remember the amount of debt I had when I started my ticker :o
    'We are all in the gutter, but some of us are looking at the stars' - Oscar Wilde
  • mooomin
    mooomin Posts: 13,703 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    SarahNeedle1872 wrote: »
    Finally caught up, and hace paid £160 since I last posted.... now I would go and update my ticker, but I can't remember the amount of debt I had when I started my ticker :o
    Will it not be in post #2 with each persons aiming to clear total?
  • SarahNeedle1872
    SarahNeedle1872 Posts: 6,166 Forumite
    flying_fresian wrote: »
    Will it not be in post #2 with each persons aiming to clear total?
    Yeah :o:o:o

    Bad day here! :)

    Sx
    'We are all in the gutter, but some of us are looking at the stars' - Oscar Wilde
  • savingholmes
    savingholmes Posts: 29,109 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    All being well I start a temp job Tues! Intend to then aim to repay about £1200 a month which will take me £7.2K closer to clearer my debt when it potentially ends in 6 months. Still looking for perm and/or higher paid work but at least this meets my needs right now in terms of debt busting and reduced boredom!
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £171.3K Equity 36.55%
    2) £2.6K Net savings after CCs 10/10/25
    3) Mortgage neutral by 06/30 (AVC £30.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 35.5/£127.5K target 27.8% 14/11/25
    (If took bigger lump sum = 62K or 48.6%)
    4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
    5) SIPP £5.1K updated 14/11/25
  • savingholmes
    savingholmes Posts: 29,109 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well paid off another £223 on the strength of my new job starting next week!

    Just been offered a long term 0% rate on an existing card with 0 balance for a 2.5% fee. Can transfer about half our debt onto it. since OH's 0% is due to run out soon it all helps!


    debt.png
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £171.3K Equity 36.55%
    2) £2.6K Net savings after CCs 10/10/25
    3) Mortgage neutral by 06/30 (AVC £30.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 35.5/£127.5K target 27.8% 14/11/25
    (If took bigger lump sum = 62K or 48.6%)
    4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
    5) SIPP £5.1K updated 14/11/25
  • SarahNeedle1872
    SarahNeedle1872 Posts: 6,166 Forumite
    So I went to update my ticker this morning..... and my debt is £200 more than when I started :o:mad::eek:

    Sx
    'We are all in the gutter, but some of us are looking at the stars' - Oscar Wilde
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.4K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.5K Work, Benefits & Business
  • 601.3K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture