How much WILL you pay off in 2007???

immoral_angeluk

Seeing as we've all done so well with paying off over £1 million in 2006 collectively.. I was just wondering how much you were all planning on paying off in 2007???

Our aim this year is to be totally 'unsecured debt free' by this time next year... so we're aiming at paying off around £4324, of which £2305 should be paid off by May all being well...
What about everyone else?

jillie1974

without making extra payments £3600 but hope it is more than this. we workto a tight budget as it is! but hubby is back to earning comission so hopefully will be able to pay another £400-500 to take it to £4000. if i get my full settlement from natwest will pay another £2000 -so £6000 in total and hopefully get under £10000!!!!
fingers crossed alll goes to plan this year...(2007)
if we can do this we should be debt free by 2010 not much better though...but should be able to pay extra every year...

chocaholic110

We also hope to be debt free in 2007, which means paying off approx 14,000 - ouch!
Should be debt free in 12 months!

acheekymunky

I dont know how i'm going to do it but my aim this year is £7k....i am self employed so a new year, a new start and the harder I work the more money I can earn!!

Congratulations to all those who contributed to the £1m. Unfortunately I didnt pull my finger out (what an expression!) last year...but you have all inspired me! Thank you!

timberflake

My IVA means I'll be paying off at least £5,700.00, however when cost of living goes up so will my payments so it will be closer to £5,880.00. That, together with what I owe my mum and friend, I'm looking at clearing £6,584.00 in 2007. My other objective it to save, only a little, but want to get at least £200 put away by xmas 2007.

hypno06

My aim is to pay off £10000 this year. Actually, I think I should make it £11000 in order to get under £40000 outstanding. To see it as thirty something will be better psychologically!

Already making lists of how on EARTH I am going to manage it!!

Good luck everyone with your chosen targets!

LookingAhead

I still can't quite believe that collectively as a relatively small group we have all paid off over a MILLION POUNDS!!!!! It's really bloomin' good but makes you realise and I mean really realise how much debt there must be out there in the UK as a whole because our postings are a microscopic blob on the tip of the iceberg.

Anyway, I don't know exactly how much I will pay off however I know it will be a MINIMUM of £2000 as I will be:

a) Clearing the Tesco balance of £800
b) Clearing my £1200 overdraft (oh yes I will!)

On top of that there will be monthly loan repayments of £300.55 x 12 so that is £3607.02 for the year in loan payments alone.

I won't be adding to credit card debt as I cut them all up (yeeehaww) a while back.

justmarried06

I managed about £3500 this year so would like to double that next year to £7000 - I want to clear my Egg card first as the interest will go back up in May and then start on the IF card as the rates marginally higher than the M&S.....

Mind you, we are also saving to have our 'proper' honeymoon next year so will be trying to put money aside for that too so we'll see!!!:D

JM xx

plymouthscubagirl

Crikey, its amazing when you sit down and work it out isn't it!

Mine will be £10k +. Now if only I can save that once these debts are paid off :rotfl:

JAMIEDODGER

i will pay off all remaining debt (under 4k) and hope to save £2000

newleaf

I aim to be debt free by next Christmas
Can't wait!