Pay ALL your debt off by Xmas 2014!

greenanne

:)morning all.
I've not been around this week as had no money to make payments until now.i have still been reading all the posts every day though.
I did use my credit card this week but this was to book train tickets on line which is much cheaper and easier.i have the money to pay for them now so will pay that into bank tomorrow and pay it off cc.i'll be back where I started then.
good news is that my house guest is staying another 4 weeks so this will be a great boost.especially as my car needs an mot this week.
bad news is that the 0% interest deal has come to an end on one of my credit cards.i applied for a new one and was refused.i used this sites guide to which cards were likely to accept me and was refused again.so i'm scared to apply for any more now.i just have to accept that I will be paying the rest of the card off paying 15.9% interest on top.i will just have to use it as an incentive to pay the card off as quickly as possible.
can I ask please.where will I find a spread sheet.it's not something I've used before but I think I may find it helpful.
sorry for the long post.i do find it helps to write these things down though.have a good day everyone.:)

GunWharf

Hi, try this spread sheet.
http://www.vertex42.com/Calculators/debt-reduction-calculator.html

greenanne

thankyou GunWharf i'm going to check it out now.

pennies_from_Heaven

Just managed to find an extra £100 to pay off!
This means I am now:
#102 £882.41/£8696.48

Raggydoll85

amr547 wrote: »

just got two new blurays free of charge! got to love the d*sney rewards thing if you have any Disney dvds, cds etc. then they have codes in, you can input them and get a free bluray or dvd when you have enough points

I got a free DVD and when it arrived it had another code in it! so i now have enough for another free one!! I do love Disney... and will admit.. they are just for me lol

Just made another payment as found out i passed my two exams so no need to fork out for resits again!! (also means i have only one more exam to go )

#022 £373.89/£4363.58

Means I am now finally in the 3000's in debt! only just but im still there lol

Tomorrow will be a SPENDSPENDSPEND day but its my bonus money and i am treating the flat to wallpaper and new bathroom flooring so its not just junk...

yorpington

Hi all!

#169 now standing at £2760/£10000

:beer:

Mat_Lock

Hi all, hope you've all had a good weekend.

I was away at my OH nan's in Newmarket. Feeling very full from literally 4 mega meals she always makes for us. Need to get back on the diet as I've let it slip but money issues comes first haha

Car was serviced on Friday to the tune of £158. Luckily I had my slush fund to cover the costs of that so I wasn't worst off. Payday is Wednesday and it's going to be a huge one thanks to my bonus. Can't wait to pay off a massive chunk of debt plus it means I can pay my car insurance and road tax in one off payments. Cycled to work today as it was no sunny and nice so saving a bit of dosh there today. I love cycling past all the traffic I usually sit in hahaha

1DayAAT

So sorry for my lack of posting - life has just been GO GO GO as I'm sure many of you appreciate! But I am pleased to report that everything in my Universe appears to be still moving in a positive direction, our new baby is due around 17th May so lots of preparations are ongoing for he/she, work is going well and importantly (for this thread) debt is going down!!

My update is as follows:

I have reduced my VISA down from £1882 to £882 to £198 and will be fully gone within the next couple of weeks. :j
Soo relieved to see the back of that one, and will not be using that card again.
I am overdraft free with a healthy plus balance in my current account (no charges, woo-hoo!) and also have negotiated with both my Visa and Mastercard to freeze interest and charges, & credit where credit is due, Natwest (who I hold both cards and my bank with) were wonderful about doing this for me as a one off request.
Have also paid back £2000 to my friend - full lump sum of £2000 borrowed briefly to help me out of a bad situation that happened at the end of last year.

Have also being doing really well using discount vouchers, Nectar points, YourPoints and Boots points etc to help with all the little things. It is making a nice difference and has raised my awareness to always do more of that!

My update stats are:

#107 now standing at £4000/£12,500


Had to adjust first total a bit as I had things a bit wrong. My total owed was around £12,500 after all and it is now £8,500. I will try and keep better tabs on it now going down so that it doesn't get in a muddle again.
I wish you all continued success on this mission and will post again soon
My next goal will be to pay my parents back £3500 that I borrowed from them which should be possible as a lump sum by July. That only leaves my £5000 Sainsburys loan to then tackle!

eecjwd

#129

Another £653.01 paid of total of £2492.04/£9016

Betsie2010

Had a partial refund to one of my cc today, from transfer fee so yay!:)
Brings me up to £1252.55 / £12060.76 10.38%
I have some money set aside to make a further payment this week and then should be able to declare for March
What I have done this month is to transfer the "excess" at the end of the month from my current account into an over payment account. if I don't need it before the end of the next month I will then use that to pay some more debt off and then so on. This month I may have a larger sum but then next month the Council tax will restart.
I never knew paying off debt could be so addictive! I really want the debt to be below £10 K - should be by next month!!:j