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How much did we pay off in 2011?

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niccatw
niccatw Posts: 3,096 Forumite
Part of the Furniture Combo Breaker
edited 22 January 2012 at 9:18PM in Debt-free wannabe
Hey folks

Usually around this time of year there is a thread floating around to celebrate how much debt we managed to pay of in the previous year - regardless of where you are in your DFW journey!

As I can't seem to find it, I figured I should probably start it!

This time last year my debt was sitting at around 18k as I'd managed to pay of about 10k!

This year I have paid off a staggering £11,655.34. (I should say I have two jobs and no family. And admit to adding to the debt at one point throughout the year too.) My debt is now just under 8k and hopefully this will be the last year of what has been a long, hard and educational debt-free journey!

How much did you pay off? Add your amount in bold, if you can and highlight the running total, so we can see just how much we have accumulatively paid of in 2011!

Thanks to Numpty Monkey, here's the links to previous years threads:

2006 Thread
http://forums.moneysavingexpert.com/...+paid+off+2006
£158 0829.05

2007 Thread
http://forums.moneysavingexpert.com/...+paid+off+2007
£794,340.00

2008 Thread
http://forums.moneysavingexpert.com/...html?t=1338525
£420,924.04

2009 Thread
http://forums.moneysavingexpert.com/...light=how+much
£1,309,351.50

2010 Thread
http://forums.moneysavingexpert.com/...eply&t=3743103
£1,165,124.60
Jan10: 28,315.81 Jan11: 18,015.32 Jan12: 7,682.58 Jan13: 2,987.73 Current debt: 1,225.55
HFC [STRIKE]1896.10. [/STRIKE] 225.55 SLC2 [STRIKE]5123.34[/STRIKE] 0 Others [STRIKE]2085[/STRIKE] 1000 Bcard [STRIKE]1172.60[/STRIKE] 0

Mike's Mob
«13456789

Comments

  • natsplatnat
    natsplatnat Posts: 3,033 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    paid off £5200.00

    RUNNING TOTAL £16855.34
    start = Wed 19th Nov 2008 £21,225
    end = Mon 28th Sept 2015 DEBT FREE!
    I love a good plan - it may not work.... but I love a good plan!
  • I think i've managed to pay about £1100 although not entirely sure....

    Running total - 17955.34
    Became Mrs Scotland 16.01.16 :heart:Became homeowners 26.02.16 :heart:Baby girl arrived 27.10.16 :heart:Baby boy arrived 16.09.2018
  • Tixy
    Tixy Posts: 31,455 Forumite
    Bump

    C'mon everyone! Work out how much you paid off and declare it on here (last year we had over £1m declared as being paid off in 2010)
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
  • sueh6
    sueh6 Posts: 220 Forumite
    Part of the Furniture Combo Breaker
    We've paid off £11629.82

    Running total = £29585.16
  • we've paid off £4,000 in the last year :)

    Running total: £33,585.16
    MORTGAGE BALANCE when we moved Aug 2024, £120,000. January 1st £118,267.06. May 1st, £116, 123, June 1st, £115,536, New mortgage added for extension- £165,000 July 1st!
    Mortgage Overpayments - September-December, £152.46. J- £103.27, F- £115, M- £91.50, A- £100, M- £200, J- £200. J- £200.
    Total- £1162.23
    Goal pay off 1% of current mortgage in 1 year. £1200. (96.83% there)

    EF- first goal £300
  • Last year up until June I paid off £11,598.75, making me debt free! It was the result of lots of on-call payments and a fair bit of overtime which was really helpful, now I'm living to the same budget so I can save up a deposit for a house. I feel bad wishing away my life but roll on January 2013!
  • niccatw
    niccatw Posts: 3,096 Forumite
    Part of the Furniture Combo Breaker
    Fab work folks! And well done r1chscott on becoming debt free! :j Here's to getting that house deposit!

    Running total: £45,183.91
    Jan10: 28,315.81 Jan11: 18,015.32 Jan12: 7,682.58 Jan13: 2,987.73 Current debt: 1,225.55
    HFC [STRIKE]1896.10. [/STRIKE] 225.55 SLC2 [STRIKE]5123.34[/STRIKE] 0 Others [STRIKE]2085[/STRIKE] 1000 Bcard [STRIKE]1172.60[/STRIKE] 0

    Mike's Mob
  • DS4215
    DS4215 Posts: 1,085 Forumite
    Last year I paid off £3,500 in regular payments and in December got a F&F for 50% of a £2,300 debt, so £5,800 in 2011 :)

    Still another ~£25,000 to go though, but I am ~20% of the way to the next F&F :)
  • shiny76
    shiny76 Posts: 548 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    niccatw wrote: »
    Fab work folks! And well done r1chscott on becoming debt free! :j Here's to getting that house deposit!

    Running total: £45,183.91

    May last year I hit the peak of my debt at approx £27K

    I've now got approx £8K of debt left to pay. That's without a drastic change in lifestyle :cool:
    - if you count giving up a car (that you hardly use) as non-drastic :D


    Running total: £64,183.91
  • shiny76
    shiny76 Posts: 548 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    with DS4215's that leaves us at:

    Running total: £69,983.91
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