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.

The MSE Forum Team would like to wish you all a very Happy New Year. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 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!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

Olympic Countdown aka clear those debts by July 2012!

17879818384197

Comments

  • Well done everyone on the debt reduction....things going really well.

    Dragon - hope you are feeling ok....take things easy.
    NR [STRIKE]£5542[/STRIKE]£2771 BC [STRIKE]£7987[/STRIKE]£7700 BC [STRIKE]£3000[/STRIKE]£5100 Cat1 Pd Cat2 Pd Ulstr [STRIKE]£3400[/STRIKE]£3070 TSB [STRIKE]£4851[/STRIKE]£4400 MBNA [STRIKE]£7700[/STRIKE]£3887 NWst [STRIKE]£950[/STRIKE] £700 Hfx [STRIKE]£10097[/STRIKE]£10050 Asda [STRIKE]£398[/STRIKE] £315 HFX1 Pd Hfx2 [STRIKE]£3133[/STRIKE] £3000
    LBM 15/1/10 £47,728 now £40,993 14.11% pd
    Snowball at LBM [STRIKE]1050[/STRIKE] 871 days left (745 days to Olympics 2012)
    £365/365 - £388 (that's for DH & me!)
  • £31.91 today thank you

    How are you feeling Dragon?
    LBM February 2008. DFD March 2013 19 August 2011
    Debt at LBM £14,395.48. Debt Now £0
  • Hope78
    Hope78 Posts: 755 Forumite
    439.86 for me so far this month, can't wait to see what next month will bring as I'll have had a wage rise and can put what used to be my car paymnet towards debts - Yay!! As always, thanks Dragon. It's good to see everyone doing so well, was worried I'd have lost determination but still committed as ever.

    Hope x
    LBM 03/07 £44k:eek: DFD 31/12/17 :A 12/17 £2545.50
    Credit Card £2500.00 & Next £45.00
    Savings = £81.21 & Help To Buy ISA = £4700.00
  • missylaney
    missylaney Posts: 152 Forumite
    Have paid off £357 in April, not as much as I had hoped but at least it gets me off the starting blocks :j

    CC's at :idea:24/03/10 [STRIKE]£10,677[/STRIKE] £8,619;

    Weight loss 0/14lb

  • Had a credit card statement, so now that the interest's been added I can add another £32.17 on my total paid. Pay day next week and usual monthly payments will go out. Can't wait to see my total jump up :j

    Well done everyone, we can do this :D

    Dragon - hope you're feeling better and getting plenty of rest.

    Polly
  • add me too, we will have paid off my personal debt by then and most of OH's and we'll be debt free by 2015! it's ages away but I want to be 50 and owe nothing but my mortage:o
  • £10 today thanks :D
    LBM February 2008. DFD March 2013 19 August 2011
    Debt at LBM £14,395.48. Debt Now £0
  • Snowdonlily
    Snowdonlily Posts: 429 Forumite
    Hi Dragon, can I join in too please? I've been staring at figures all day today and decided to set myself a target of being debt free by August 2012, which is 28 months from now.......but, then, I came across this thread.

    Its one month less, but I know I can do it. My total debt at the moment is £22,704.72 (used to over £26k). My loan stands at £21,854.72, and this is a fixed fee that goes out every month. I also owe my DH £850. Once I've paid him back, I'll open an online savings account which I plan to "topup" every month until I have enough to clear the loan early. That would mean I could pay the loan off two years early and be debt free before my 43rd b/day. :j
    Total debt at LBM £26k+
    Total debt now £16,494.40
    Tesco CC 11/2/11 Total - £1,387.20 - Now £0
  • missmental
    missmental Posts: 205 Forumite
    Hi Dragon!

    Had a good payday so I'm paying a bit more : £927 !!!!

    Total paid is £3070 = 15.35%

    Thankyou.

    missmental stopping being mental & to be debt free by 53 :j

  • The_Dragon
    The_Dragon Posts: 9,749 Forumite
    We now have 100 runners for this Olympic challenge (welcome frugalqueen and Snowdonlily!) and we have paid off a fair chunk of cash between us (7.42% even with new additions!)
    Do not meddle in the affairs of Dragons, for thou art crunchy and good with catsup :D
    NSD 15/20, OS WL 21-6 (4) :(C.R.A.P R.O.L.L.Z #44 Twisted Firestarter, VSP #57 - £39.43
    :p Every Penny's a Prisoner :p
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
  • 353K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.8K Spending & Discounts
  • 246.1K Work, Benefits & Business
  • 602.2K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 260K 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.