The "Pay ALL your debt off by Xmas 2012" challenge

suzitiger

Well done Jakes-Mum, I have paid all mine for the month, but when I get paid i am going to pay some extra bits off them to get the ball rolling

mf0u1098

Superb! :T:T:T You're definitely keeping me busy today

I've just totted up the new total debt to pay off and it is a whopping £186,787 but our lovely jakes-mum has knocked £130 off this today so well done!!! :T:T:T

kerri_dfw

yay well done Jakes-Mum you're on a roll :j

antonia1

This challenge is making me obsessed with finding ways to make money! I'm at £35.70 on one poll, so am constantly checking for more surveys cos I'd like to get a payout by this Christmas, and I'm going to request a Tesco voucher from valued opinions so that I can swap £20 from my grocery budget to my debts. Previously I had been thinking that I could treat myself with the extra money / vouchers, but now I would actually rather make do with the clothes I have now knowing that in just over a year everything I earn will belong to me and I won't have to justify spending MY money!

Clarienne

Put me down for this.

I've been in debt for over 15 years!! All my independent adult life!! :eek:

Started when I was a student, carried on when I had low paying jobs, and then was a SAHM, and now I'm self-employed and STILL paying a ton of my income towards basically maintaining the same old debts. They go up a bit and down a bit, and everytime I pay one off, something comes up and I run up another one!!!

We never take holidays and I've worked out with all the money going towards these debts we could be going away, and building great memories with our daughter. Instead there's this and other things she doesn't get to do because its all going into the pockets of Mr Barclaycard and others. Time to really sort it out. Life is draining away like this. I do NOT want to still be living like this at 40. :(

Sorry this has turned into getting it off my chest! I really needed some motivation this morning.

Here's the state of play:-

Unpaid national insurance: 419.80
Overdraft with Coop: 316.08
Personal Loan with Lloyds TSB: 1,901.29
Credit Card with Lloyds TSB: £414.14
Credit Card with Captial One: £391.06
Credit Card with Barclaycard: £1,333.87
Student Loans: £3603.26

Total not inc Student Loans: £4776.24
GRAND TOTAL: £8379.50

kerri_dfw

Welcome aboard Clarienne

Antonia1 - I'm the same, trying to work out how to not spend as much next month so I can pay more off teehee

natlie

Hi can I join please my debt is £15,254 but I think I will only be able to manage £9200 as OH is unemployed. I know its not all my debt but I will try for all of it - I will review in July.

I have started - lunch yesterday was free mum paid, dinner tonight is bargain - mum gave me organic stewing steak. I am off to join frugal 2012 thread
Nat
x

mf0u1098

Clarienne wrote: »

Put me down for this.

I've been in debt for over 15 years!! All my independent adult life!! :eek:

Started when I was a student, carried on when I had low paying jobs, and then was a SAHM, and now I'm self-employed and STILL paying a ton of my income towards basically maintaining the same old debts. They go up a bit and down a bit, and everytime I pay one off, something comes up and I run up another one!!!

We never take holidays and I've worked out with all the money going towards these debts we could be going away, and building great memories with our daughter. Instead there's this and other things she doesn't get to do because its all going into the pockets of Mr Barclaycard and others. Time to really sort it out. Life is draining away like this. I do NOT want to still be living like this at 40. :(

Sorry this has turned into getting it off my chest! I really needed some motivation this morning.

Here's the state of play:-

Unpaid national insurance: 419.80
Overdraft with Coop: 316.08
Personal Loan with Lloyds TSB: 1,901.29
Credit Card with Lloyds TSB: £414.14
Credit Card with Captial One: £391.06
Credit Card with Barclaycard: £1,333.87
Student Loans: £3603.26

Total not inc Student Loans: £4776.24
GRAND TOTAL: £8379.50

Hi Clarienne, great to have you on the team! I'll add your name and total to the 2nd post xxx

mf0u1098

natlie wrote: »

Hi can I join please my debt is £15,254 but I think I will only be able to manage £9200 as OH is unemployed. I know its not all my debt but I will try for all of it - I will review in July.

I have started - lunch yesterday was free mum paid, dinner tonight is bargain - mum gave me organic stewing steak. I am off to join frugal 2012 thread
Nat
x

Hi Natlie, welcome to the team! I'll put your name and total on the 2nd post. Am I right to put you down for £9,200? Just let me know if it needs changing! xxx

forgottendreams

hello i'm new to all this, only posted once or twice in the past, so please be gentle.
You all seem like fun and friendly people.... so i've plucked up the courage and i'm looking to be added to the list.

I think the motivation will be fabby - and will certainly help with my lightbulb moment.
I spend this morning making up a wee spreadsheet to help me with balances - and to show me nice and clearly where my money disappears every month, im determined my hard earned cash will now only be for household needs/fabulous bargains/pay off our debt..... So i think im on the right track to being debt free

My total is - £5854

Think i'll ease myself in until January..... then there will no stopping me once Christmas is over.