The "Pay ALL your debt off by Xmas 2012" challenge - PART 3!!!

Shrewbie

Hi all just a little update from me.

I've made payments of £100 each to my credit card and work for season tkt loan. I won't update the figures for my overdraft until the end of the month as it's so much more confusing!

Shrewbie #350 £650/ £5696

thanks Jemma

tirlittan

Interest was just added to cc, I changed my sig to reflect this but didn't like that debt went up so decided to pay £21.75 off to get a nice round number. (Used mobile cash back money to do it).

#277 £1867/£2607

Superheavy

I know that everyone is probably sick to death of hearing about my sharesave, but it finally came in today, and I was able to pay off my HSBC loan. Thus leaving me with a credit card which is on 0% left to pay off. There was a good 10 minutes after I paid off the loan where I was smiling. And I never smile at work.

#123 - 9982 / 10762

Chuffed to get that particular monkey off my back, and should be able to start looking to the future fairly soon.

starnac

Congratulations superheavy. So close for you now

tirlittan

Excellent news superheavy!

psychopathbabble

Superheavy wrote: »

I know that everyone is probably sick to death of hearing about my sharesave, but it finally came in today, and I was able to pay off my HSBC loan. Thus leaving me with a credit card which is on 0% left to pay off. There was a good 10 minutes after I paid off the loan where I was smiling. And I never smile at work.

#123 - 9982 / 10762

Chuffed to get that particular monkey off my back, and should be able to start looking to the future fairly soon.

Woohoo!! :j:j I have to wait until Wednesday for mine....

Kerfuffle

Superheavy wrote: »

I know that everyone is probably sick to death of hearing about my sharesave, but it finally came in today, and I was able to pay off my HSBC loan. Thus leaving me with a credit card which is on 0% left to pay off. There was a good 10 minutes after I paid off the loan where I was smiling. And I never smile at work.

#123 - 9982 / 10762

Chuffed to get that particular monkey off my back, and should be able to start looking to the future fairly soon.

Wonderful news and not sick to death of hearing about your sharesave at all.

Really pleased for you as you've been waiting for this moment for quite some time.

Happy day :T

And not long now for you Psychopathbabble

Kerfuffle

Happy to report an update from me:

#65 4041.20 / 11616.56 = 34.79%

Jemma - my totals on the front page haven't been updated for a while, please could you reduce my starting figure to 11616.56 and update my totals and percentage to the above. Ta Chuck, when you've got a minute, no panic.

Mrs_Addicted_to_Spending

Superheavy wrote: »

I know that everyone is probably sick to death of hearing about my sharesave, but it finally came in today, and I was able to pay off my HSBC loan. Thus leaving me with a credit card which is on 0% left to pay off. There was a good 10 minutes after I paid off the loan where I was smiling. And I never smile at work.

#123 - 9982 / 10762

Chuffed to get that particular monkey off my back, and should be able to start looking to the future fairly soon.

Fab Fab Fab :j! So close to the end of the debt you can almost taste it . Your work colleagues must have thought you'd got a new job .

Mrs_Addicted_to_Spending

VWCampervan mum - I agree with the others - if you take out a car loan just view it as a necessary expense (a bit like petrol) and not part of your overall debt. Put it in your budget and just pay it off monthly like every other bill. This means you will still achieve your main goal of being debt free, apart from this .

Really I do think that car loans are sometimes essential, a bit like a mortgage. When I finish Uni next year, if I get a job and need a car to get to work, I'll have to take out a loan as I won't have a chance to save any money. But I'm going to make sure that then I save for the next car I need, so that for once in my life, I don't need to take out a loan to buy one (well I can always dream ).

My goal is to pay off these debts and then avoid spending on things I don't need and can't afford and getting myself in debt because of it. Hopefully the training I'm receiving during this year and next will help me achieve this .