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The Debt Free Birthday Club Challenge!
Comments
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savingholmes wrote: »well I used the last of my isa to pay off some more debt so now down to £11940
:j Great to see your progress as ever!2019 fashion on a ration 0/66 coupons0 -
:hello: Hi F_F could I please join your challenge I will be 50 July 23rd 2018 and I dream a Dream that I (we) would be debt free by then.:)
ruby1968xx:oDH CC £969.00, bank loans *2 £27634.00,Overdraft=£696.00 Total Debts to Tackle = £29299:o sealed pot member 923=£26.99, £2 club member 75 = £0.00 2011 challenge member 360 -
welcome aboard Ruby - the more the merrierAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £172.5K Equity 36.11%
2) £1.8K Net savings after CCs 13/9/25
3) Mortgage neutral by 06/30 (AVC £26.8K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 32.6/£127.5K target 25.6% 13/9/25
(If took bigger lump sum = 54.5K or 42.7%)
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 £4.8K updated 13/9/250 -
Thnk you savingholmes, look forward to tagging along. I found this quote today I think i add it to my signiture
"Be like a postage stamp. Stick to one thing until you get there." Either that or stick on bedroom ceiling so when I wake up it's there to remind me.:oDH CC £969.00, bank loans *2 £27634.00,Overdraft=£696.00 Total Debts to Tackle = £29299:o sealed pot member 923=£26.99, £2 club member 75 = £0.00 2011 challenge member 360 -
Please can I join, I want to be debt free by my 35th Birthday in July 2015? £16,480 to clear (give or take a few pence!).
I always said I would be debt free by 30th Birthday - shame my LBM didn't come a little earlier as that's one goal I don't have a chance of achieving as it's this July!!!LBM Aug 09: £18,650.47 - Current: £12,854.93 (£5946.79)
Barclays: £2,928.34 Lloyds: £2,499.60
MBNA: £3,788.99 Overdraft: £1,900.00 Mum: £1,738.00
Surveys: £6.60/£40.000 -
Hi Woowoo and Ruby- welcome to the challenge and good luck in meeting those DFDs2019 fashion on a ration 0/66 coupons0
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Welcome to Woowoo and Ruby, and well done for joining the challenge :T0
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:hello:hi guys thanks for welcoming me aboard am looking towards a debt free birthday.And debt free future.:wave::oDH CC £969.00, bank loans *2 £27634.00,Overdraft=£696.00 Total Debts to Tackle = £29299:o sealed pot member 923=£26.99, £2 club member 75 = £0.00 2011 challenge member 360
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Thanks for the warm welcome - good luck to everyone in achieving their debt free birthday goals xLBM Aug 09: £18,650.47 - Current: £12,854.93 (£5946.79)
Barclays: £2,928.34 Lloyds: £2,499.60
MBNA: £3,788.99 Overdraft: £1,900.00 Mum: £1,738.00
Surveys: £6.60/£40.000 -
£32.54 closer to my goal!LBM Aug 09: £18,650.47 - Current: £12,854.93 (£5946.79)
Barclays: £2,928.34 Lloyds: £2,499.60
MBNA: £3,788.99 Overdraft: £1,900.00 Mum: £1,738.00
Surveys: £6.60/£40.000
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