Pay ALL your debt off by Xmas 2013

minicooper272

It's probably a good idea, even if the debts are interest free. It would probably help your credit rating, and as you say, it will let you save a bigger chunk each month ( which will help if anything else breaks). I hate having lots of payments going out, it's easy to pose track of them all.

Glad the OH has settled in to his new job spag!

amr547

minicooper272 wrote: »

It's probably a good idea, even if the debts are interest free. It would probably help your credit rating, and as you say, it will let you save a bigger chunk each month ( which will help if anything else breaks). I hate having lots of payments going out, it's easy to pose track of them all.

Glad the OH has settled in to his new job spag!

O/H thinks its a good idea too so i think that's going to be my plan of action!

i am the same - my OU fees alone are £100 p/m!!! :eek: it's worth it though - its my final course and i shall be graduating if i pass not many people can say they held down a full time job while studying for a degree too. it will have taken my 4 years in total to complete my degree which is only 1 more year than most people, but then i also have 3.5 years of experience in my industry under my belt as well, which many people i know who have just graduated, don't have.

armchairexpert

Bah, I'm going backwards. Too depressed to update, which is why I'm so quiet! Have taken on an extra day of work per week all this month, which is great, but the extra money won't come until the end...and in the meantime I'm paying the extra nursery fees x two children in advance. And we're getting the house ready for sale, which seems to involve buying a lot of new tools and paint and hiring tradesmen to fix things that we've been successfully ignoring for ten years. I don't at all think we'll recoup the losses, but DH won't be swayed.

Just worked out that after Thursday, when mine and DH's pays go in for the fortnight, we'll be pretty much exactly where my signature says we were last month, and that's before I pay several thousand to the electrician and the carpenter...

On the bright side, both DDs birthday presents (December babies) are done, well, once I finish building this dollshouse, as are about a third of the Christmas presents and all decorations, and it's a cheap year this year, we're sharing a Christmas with a good friend and doing half the lunch each, no air fares for once. And our tax return is due back soon. None of that comes close to the upcoming expenses, but it'll just have to mitigate it a bit.

Sorry for mememe post. Grumpy.

muppets

Just a quick post with my latest payments,

This months mortgage and loan payments have gone out, and a few credit card min payments..

:jAlso paid off a cc which was £968, contacted them and offered them a payment of 70% of the debt they accepted the £680 which I offered saving me £288 :money:

Totals for this month #110 Pd £5241.18 / £5000 - 104.82 % :T

Going to keep on posting my payments for the rest of the year, want to see how much more I can pay off this year., then next year I will be back to fight some more of this debt

minicooper272

DEFT FREE ROLL OF HONOUR!

:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j

#110 muppets paid £5000

:j:j:j:j 11 November 2013 :j:j:j:j

:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j

minicooper272

Well done Muppets! You're not content to just pay it all off, you're still going! I'll be excited to see where you end up at the end of the year.

Is that all the mortgage paid off too, or was that just a normal payment?

minicooper272

Sorry to hear the money isn't going to far armchairexpert, but don't forget to remind yourself that you are managing to pay for all this without putting yourself into more debt. That's pretty fantastic if you ask me :T

affordmylife

im going nowhere fast either.

so what is happening that im making most of my Christmas presents and I am not adding to my debt so im staying positive and will fight the battle again next year x

muppets

minicooper272 wrote: »

Well done Muppets! You're not content to just pay it all off, you're still going! I'll be excited to see where you end up at the end of the year.

Is that all the mortgage paid off too, or was that just a normal payment?

That was just normal payments for the mortgage, got a long way to go for that only bought the house this summer..

The last 2 years have help me a great deal with paying off my debts wouldn't have done so well if it wasnt for the support of the people here.

SpagBol

armchairexpert wrote: »

Bah, I'm going backwards. Too depressed to update, which is why I'm so quiet! Have taken on an extra day of work per week all this month, which is great, but the extra money won't come until the end...and in the meantime I'm paying the extra nursery fees x two children in advance. And we're getting the house ready for sale, which seems to involve buying a lot of new tools and paint and hiring tradesmen to fix things that we've been successfully ignoring for ten years. I don't at all think we'll recoup the losses, but DH won't be swayed.

Just worked out that after Thursday, when mine and DH's pays go in for the fortnight, we'll be pretty much exactly where my signature says we were last month, and that's before I pay several thousand to the electrician and the carpenter...

On the bright side, both DDs birthday presents (December babies) are done, well, once I finish building this dollshouse, as are about a third of the Christmas presents and all decorations, and it's a cheap year this year, we're sharing a Christmas with a good friend and doing half the lunch each, no air fares for once. And our tax return is due back soon. None of that comes close to the upcoming expenses, but it'll just have to mitigate it a bit.

Sorry for mememe post. Grumpy.

Oh I know that feeling! Hang in there, like you say at least debt is the same and not worse!

muppets wrote: »

Just a quick post with my latest payments,

This months mortgage and loan payments have gone out, and a few credit card min payments..

:jAlso paid off a cc which was £968, contacted them and offered them a payment of 70% of the debt they accepted the £680 which I offered saving me £288 :money:

Totals for this month #110 Pd £5241.18 / £5000 - 104.82 % :T

Going to keep on posting my payments for the rest of the year, want to see how much more I can pay off this year., then next year I will be back to fight some more of this debt

Well done muppets :T:T:T