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The Debt Free Birthday Club Challenge!
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Great to catch up with everyone and see so many tickers moving in the right directions.
I've had a record month as I'm still off sick and therefore saving on petrol, eating out, having a life etc! Paid another £750 off today and have knocked 12.5% off my debt this month. :j
I still need to knock 5 months off my DFD to reach my birthday target but if I can keep up with the savings I might reach it. If my house would sell I'd definitely be able to make it as I would be saving tons on bills etc but that is in the laps of the Gods!
2019 fashion on a ration 0/66 coupons0 -
Great going Jellie!DEBT FREE OCTOBER 2012!Proud to have dealt with my debts!0
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I have reached my goal! Admittedly not all of it through hard work but most of it anyway!
I cleared just over £1000k, then some money that I thought wasn't mine, turned out to be mine to spend how I wanted! So I could clear the rest, yay!
Good luck to everyone else still on the challenge :TTotal Debt (Dec 2015) £11,500 : Currently £7,675Lose 21lb : 0/21
House Deposit Savings : £8,600/£25,0000 -
zigmeister wrote: »I have reached my goal! Admittedly not all of it through hard work but most of it anyway!
I cleared just over £1000k, then some money that I thought wasn't mine, turned out to be mine to spend how I wanted! So I could clear the rest, yay!
Good luck to everyone else still on the challenge :T
wooo Congrats :j:T :beer:0 -
well done zigmeisterAchieve 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 29/7/250 -
This is me to date - long way to go. If stay in employment - will hopefully be debt free by 41st birthday! about a year later than I wanted but this is due to being unemployed half of this year! My new job is lower pay than my previous one too and has more travel costs. Still hoping from Dec ish to start paying off around £1k. May be a bit of a challenge in Dec but may be doable.... If not get paid 5 weeks in Jan so hopefully can rectify any short fall then!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 29/7/250 -
Well done Zigmeister :beer:
You've made amazing progress in your situation SH- a true inspiration!2019 fashion on a ration 0/66 coupons0 -
Well done zigmeister! Fantastic achievement! :T:beer:DEBT FREE OCTOBER 2012!Proud to have dealt with my debts!0
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Well done zigmeister, brilliant news, congratulations!:beer: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] £1451.44Total debt [STRIKE]£12048.54[/STRIKE] £11267.10 6% paid0
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Not doing so well this month
Might not be able to make this by my birthday at this rate....was always a bit ambitious!2019 fashion on a ration 0/66 coupons0
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