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Pay ALL your debt off by Xmas 2014!

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  • nolongerindenial
    nolongerindenial Posts: 1,041 Forumite
    Just made my mortgage arrers payment bringing my total to 2076.36, thats just 123.64 until Ive dropped the first 10%


    Debt free by Xmas 2014: #182 £2076.36/£22,000 (9.4%)
    £4142.49/ £131,795.91 - 3.14% paid off or only £129,608.80 to go!
    Debt free by Xmas 2015: #182 £1955.38/£4435.51 (44.08%)
    MFW: Opening Balance: £108,297.91 Original MF Date: June 2042
    Current Balance: £106600.27 Estimated MF Date: Dec 2033
    Proud to be dealing with my debts
  • As of today... my overdraft is 100% paid off! :j :j :j

    It's a great feeling - for the last 7/8 years, I've been living in the red- even when my wages have been going in, it's still been in minus figures. But now, it's totally gone, and i vow I'll never be back in the red again!

    That's another £279 off the debt.

    So...

    181 - £2288.00/£5718.00 - 40%


    Nearly half way there!!!
  • amr547
    amr547 Posts: 1,665 Forumite
    Part of the Furniture Combo Breaker
    #011: £2,047 / £6,000

    woohoo broke the £2k barrier. kinda sad at the same time though... lol
  • nolongerindenial
    nolongerindenial Posts: 1,041 Forumite
    amr547 wrote: »
    #011: £2,047 / £6,000

    woohoo broke the £2k barrier. kinda sad at the same time though... lol

    Woohoo both of us smashed the 2k point.. Rolling 3k
    £4142.49/ £131,795.91 - 3.14% paid off or only £129,608.80 to go!
    Debt free by Xmas 2015: #182 £1955.38/£4435.51 (44.08%)
    MFW: Opening Balance: £108,297.91 Original MF Date: June 2042
    Current Balance: £106600.27 Estimated MF Date: Dec 2033
    Proud to be dealing with my debts
  • Hi everyone!

    #153 £597 / £9790 (6%)

    My pay went into my account on Friday, and I made an overpayment of £66 in addition to the minimum payment of £213 :) to the above CC.

    Got some stuff to sell on ebay, so will pledge to do that this afternoon

    Very proud of my progress so far - budgets for June in place and account transfers are made (accounts for my horse and my car/petrol) plus the spread sheet is up-to-date

    All pay received on Friday is already allocated and not a penny spare (including standard payments to CCs regardless of minimum payments) Hoping for some good ebay sales so I can make some additional payments - got my eye on 10%!

    :j

    Onwards!!

    KUTAT x
    Xmas 2016 #67 £0/£365
    LBM £29,598 :shocked: (29.05.15) DFD June 2021
    29.12.15 - B/card 1 £6813 B/card 2 £3575 Virgin CC £13658 Loan £5842 Next £0 OD £200
    20.06.15 - B/card 1 £4139 B/card 2 £4025 Virgin CC £13100 Loan £7303 Next £58 OD £200
    Diary http://forums.moneysavingexpert.com/showthread.php?t=5256548
  • rogueylawyer
    rogueylawyer Posts: 626 Forumite
    Payday rolled around! I've made three payments but can only remember two, the third will show on Tuesday and I'll update again from there but for now

    085 rogueylawyer £1319.11 / £9179.00 14.37%

    Unfortunately payments are going to be nonexistent for the rest of the month as I have big expenses this month :-(
  • Update from me

    #035 £1280.77/£5035

    Would of liked to have paid more but had lots of extra things to pay for this month.
    Emergency Fund £0/£500
    £365 in 365 Days #18 £520/£520
    £2.00 Savers Club 2017 #11 £300/£300
  • amr547
    amr547 Posts: 1,665 Forumite
    Part of the Furniture Combo Breaker
    saving for the holiday is coming along nicely, whatever i have left when we come back (hopefully lots) will be used to overpay on one of the debts, probably catalogue or sofas!
  • IrishRose12
    IrishRose12 Posts: 1,790 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I've paid £50 off my debt this month, am not happy with that as hoped I could afford more, but things have cropped up, including my Laptop breaking last week so hopefully It doesn't cost too much to fix :(

    I'm now standing at £470 off £1500.
    Pay all debt off by Christmas 2025 £815.45/£3,000£1 a day challenge 2025 - £180/£730 Declutter a bag a week in 2025 11/52Lose 25lb - 10/25lbs Read 1 book per week - 5/52Pay off credit card debt 18%/100%
  • greenanne
    greenanne Posts: 384 Forumite
    evening all.
    I've just been catching up with all the posts.this is such a great thread.
    I am going on holiday in two weeks time so most of my money is going towards that.i have managed to make afew over payments though.
    #150 £1345/7713.:)
    thankyou.
    there is no wealth but life
    sealed pot challenge#240
    df by dec 2014#150

    Barclaycard[ 1641]512. loan[4100]2673. nationwide[1898]1548.natwest 2980.total [8584]7713.:eek::eek:
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