Pay ALL your debt off by Xmas 2013

Nagme

Happy New Year ladies and gents!

A wave of optimism could be felt over Central England today in the sunshine, so many people in T-shirts :eek:
Debt update:

#052 £380/£8000

As Eddie Cochrane once said: "C'mon Everybody!"

amr547

Just worked out how much we pay towards our debt repayments each month, and actually, it's not good. It's quite an eye opener when you sit down and work it all out.

XSpender

Hello :wave:

Could I join you lovely people on the challenge this year?

I have a total of £18,094 to clear this year. This will settle our secured loan, pay a random £209 we owe on our car and some arrears to the electric/gas of approximately 11 payments of £35. I will be saving the money to pay of the secured and HP in our ISAs as it costs so much to make an overpayment in fees and will just keep paying the arrears each month.

I have transferred the balance of our PPI payout from the week before Christmas and the money we would have spent last night but our meal out was cancelled into my ISA and will post the figure when I have been issued with a number.

Happy new year to you all and good luck with your individual targets:)

Jubilee76

Happy New Year all! _party_

I would to join the challenge please. I have been on a DMP for nearly 6 years and have paid off £41k so I finally feel there is a bit of light at the end of the tunnel. Please could you put me down for

£10,649

I would love to clear this- having read some of your previous thread, I know this is the right place to do this as you are all so supportive.

Looking forward tackling the debt with you all

Jubilee x

floella80

Could I join please? My target is my CC! I really need to get this paid off this year. It will be tough, I am having a baby in March, so maternity pay will be less than my normal monthly outgoings, but if I am at home I can cook more, use the car less etc.

I want to pay off £4000! from my credit card by the end of 2013.

Smp1993

Hi, I am new to posting in forums I normally just read coupons ones.
Am I eligible to join this challenge?
I am a student with £1000 overdraft and would quite like it to be paid off by Christmas 2013 and I think the support of a thread would be great

Thanks x

his_missus

Hello and Happy new year to you all.

Just paid another £200 off my CC :T

#012 £434/£3092

Will catch up on the thread soon x

minicooper272

smp1993 - anyone is eligible to join! Spagbol will add you to the list. Good luck with the challenge!

If it's not too intrusive a question, what proportion of income do you guys pay towards savings/debt? I am working out budgets for next year, and someone said to proportion 1/3 rent, 1/3 savings, 1/3 living, but wondered what others do?

Working on the new years resolutions - budgeting is no1!

Smp1993

minicooper272 wrote: »

smp1993 - anyone is eligible to join! Spagbol will add you to the list. Good luck with the challenge!

If it's not too intrusive a question, what proportion of income do you guys pay towards savings/debt? I am working out budgets for next year, and someone said to proportion 1/3 rent, 1/3 savings, 1/3 living, but wondered what others do?

Working on the new years resolutions - budgeting is no1!

Thanks

I just work out my income, what I need to spend from that and I am going to pay off as much as I can whilst leaving myself a safety net of £100. BUT- I am a student so I don't have a mortgage etc. Same principles though, just ensuring you have a safety net x

utopiah

hi i would like to join please. I have £4500 on two cc that i would like to clear by the end of this year.