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How much WILL you pay off in 2007???

2456

Comments

  • I want to pay off £4k but I also want to go on holiday. Reach for the stars I say !
    5 Year plan. April 2020 to June 2025- CC and mortgage free by time I'm 60
    Currently CC £23,674.36 /£14,895.41/£14315.42
    Mortgage £28,214.65/ £26,254.71/ £25,746.43
    By end 2020 I want CC at £ 19,000.00.
    By end 2021 I want CC at £10,000.00
  • Mrs_Sparkle
    Mrs_Sparkle Posts: 1,805 Forumite
    Without making extra payments it will be £6K but I want to make it nearer £11,500. This will be 50% of my remaining debt so if I can do this then I can easily be debt free 2 years from now.
    Debt at highest May 2006: £27,472.24
    currently: £13,353.25
    DFW Nerd 178
    Proud to be dealing with my debts
  • I am determined to get rid of

    Loan 12 x 206 = £2472
    Greenwood = £140
    Vanquis = £500
    MBNA = £1000

    £2472 is guaranteed to be paid off so the other £1600 is my 1st aim. I have just sent letter to claim £1300 from cap 1 so if that comes through i will well on my way.

    1) All credit card debt will be gone by December 07 (June 07 if cap 1 come thru)

    2) Reduce overdraft by at least half by December 07 (get rid of it all if cap 1 come through)
    Married my amazing hubby on 8th September 2012 :j:j
  • Gemmzie
    Gemmzie Posts: 14,876 Forumite
    Personally, I want to clear all £3k - should be doable

    For my parents, working on £200 a month for now plus the little extra from September ... £3k also I'd think - 10% gulp! :o
    No longer using this account for new posts from 2013
  • Kevicho
    Kevicho Posts: 3,216 Forumite
    well i have less than 3ks worth of payments to make on my loan, which ends in november so hopefully that will be the end of it then :)
  • CAFCGirl
    CAFCGirl Posts: 9,123 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    All of it I hope!

    Will make it my sole aim in life!

    So that should be circa £7k!!!!

    Although its baby steps all that way!
    Anything I can put aside I will!
    And on that note I've got £55 that didnt take much to get coming from Quidco! So that leaves me £6945 to go! Woohoo!!!!!

    Anyone else excited by their debt free ambitions right now?!
    Wealth is not measured by currency
  • well i am debt free so... but i want to save at least £5000 next year... and thats pushing it too the limit too as i am going abroud next year for the first time too :o
  • WelshWoofer
    WelshWoofer Posts: 5,076 Forumite
    I have around £900 left on my credit card (now only have 1 not 4!) and a loan with approx £3000 remaining to pay, so they are my goals for 2007. I will hopefully acheive this by the end of the first half of 07.
    I also have a loan for my conservatory (that I've never classed as debt as it was planned and budgeted for "debt") - it woudl be great if I could start to make some extra payments to this to bring down the term.
  • Hoping to pay ccs off and then there's the loan repayments plus would like to save some - doable but tough!
    Nerd no 109 Long haulers supporters DFW #1! Even in the darkest moments, love and hope are always possible.

  • hbl_2
    hbl_2 Posts: 391 Forumite
    I plan to repay at least £7700 off in 2007.

    That equates to £600 a month off my study loan, and £500 from my overdraft.

    Of course, paying off more would be a bonus, but this is my goal for the year.
    Student Loan Company Ltd: 17,805 (2.8%) Overdraft: 500 (Interest free)
    Savings: £5,100
    - Target by end of 2008 £5,000+
    Net Worth
    1/7/06: -£32,698 -- Net Worth 25/8/08: -£13,350.
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