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

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Comments

  • mf0u1098
    mf0u1098 Posts: 1,595 Forumite
    1,000 Posts Combo Breaker
    kerri_dfw wrote: »
    Can you put me down too. I'm going to get rid of all my debt by next Christmas, no more credit card, no more overdrafts. Although I am aiming to get it done sooner than next Christmas if possible, I would like to also have a sizeable amount in savings.... something like the £4k in debt I am. Do I think it's doable... not sure yet but I would like to join your merry gang please.

    Kerri x

    P.s. £4300 is my figure


    Lovely to have you onboard Kerri_dfw! xxx
    New Debt Journey: Pay off £19,622.91 by 30th April 2015 :T

    Debt at Highest: £43,073 :eek:
  • mf0u1098
    mf0u1098 Posts: 1,595 Forumite
    1,000 Posts Combo Breaker
    CW2 wrote: »
    £12,459 for me please! God that sounds a lot :o

    It does doesn't it. You've already paid off so much since your LBM, you can do this! xxx
    New Debt Journey: Pay off £19,622.91 by 30th April 2015 :T

    Debt at Highest: £43,073 :eek:
  • CW2
    CW2 Posts: 113 Forumite
    mf0u1098 wrote: »
    It does doesn't it. You've already paid off so much since your LBM, you can do this! xxx

    I will stay focussed, I will stay focussed, I will stay focussed, haha!! xx

    Debt at LBM (31.05.11): £16,750
    Debt Free Date 22.12.12 :j
    Saving for a house deposit: £5,003 / £15,000 target
  • charleyroo
    charleyroo Posts: 460 Forumite
    this thread is a great idea and i love reading all your tips! i want to challenge myself and i'd love to end (next) year with savings too!
    Spreadsheet-obsessed.
  • mf0u1098
    mf0u1098 Posts: 1,595 Forumite
    1,000 Posts Combo Breaker
    CW2 wrote: »
    Oooo Loubie Lou, you're starting on a lower figure based on what you're hoping to pay by end of year - should I do same? I've put my current debt figure down but it should be a bit less by end 2011...what does everyone think?

    It's entirely up to you CW2! I'm starting the challenge now so I'm putting down the debt I owe as of today so I can feel like I'm getting somewhere and not having to wait until January to see my totals come down. xxx
    New Debt Journey: Pay off £19,622.91 by 30th April 2015 :T

    Debt at Highest: £43,073 :eek:
  • loubie_lou
    loubie_lou Posts: 1,368 Forumite
    Part of the Furniture Combo Breaker
    CW2 wrote: »
    Oooo Loubie Lou, you're starting on a lower figure based on what you're hoping to pay by end of year - should I do same? I've put my current debt figure down but it should be a bit less by end 2011...what does everyone think?

    CW2, it's up to you really my dear, but I think I am going to end up paying about 1k before the year is out. £13k sounds a nice figure to start the new year off with......x
    In debt no more!
  • loubie_lou
    loubie_lou Posts: 1,368 Forumite
    Part of the Furniture Combo Breaker
    mf0u1098 wrote: »
    It's entirely up to you CW2! I'm starting the challenge now so I'm putting down the debt I owe as of today so I can feel like I'm getting somewhere and not having to wait until January to see my totals come down. xxx

    Yeah I see what you mean there, so stick me down for £13908 please!!!

    Sorry for the change!
    In debt no more!
  • CW2
    CW2 Posts: 113 Forumite
    Haha what are we like?! I'm so indecisive. So in an attempt to be decisive, I'll stick with £12,459 - it will be gone!!! And then I am having one hell of a night out :) Bring on 2012!

    Debt at LBM (31.05.11): £16,750
    Debt Free Date 22.12.12 :j
    Saving for a house deposit: £5,003 / £15,000 target
  • suzitiger
    suzitiger Posts: 947 Forumite
    I'd love to join you!!! i am on a few threads on here and I think this one will keep me on track and push me towards a fast dfd!! :beer:
    i want to be out of debt by october so that I can go to the maldives to do a volunteer project out there. :) Love what ur doing guys, I have a debt of 5,000 and I earn about 8k a year, hopefully on the rise as I am mainly self employed and establishing my business atm.
    Don't turn a slip up into a give up:D
    *NSD Challenge Nov 0/10* *£10 a day challenge Nov £0/£300*
    No buying unnecessary toiletries challenge-in it for the long haul     :D
  • mf0u1098
    mf0u1098 Posts: 1,595 Forumite
    1,000 Posts Combo Breaker
    loubie_lou wrote: »
    Yeah I see what you mean there, so stick me down for £13908 please!!!

    Sorry for the change!

    No worries, updated my dear! xxx
    New Debt Journey: Pay off £19,622.91 by 30th April 2015 :T

    Debt at Highest: £43,073 :eek:
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