Pay ALL your debt off by Xmas 2014!

blubella

Please can I join the challenge..I think it will be slow burner but i'd like to reduce my debt by: £2,500 this year. Well, that's my goal and with the forum support i'm hoping to keep on track :T! Trying to understand the lingo but the dictionary link does not work for me?!

catriona79

catriona79 wrote: »

Hello

#97 Error! Error!
Or more like wishful thinking.... Sorry Mini, it seems like I can't count and need to ask you to adjust my total to well over 15k.... Which is what my debt is....
Total is £15317.80

I know I wouldn't normally be able to save anything in that region while still having a life on my salary, but this time I will be going on VR and provided that I am quick at finding a job, I should be ok to do this by throwing my redundancy pay at my debts. It's scary how quickly debts mount and how hard it is to pay them off! I think I may try and join Kat's challenge in February. Will set myself a reminder now...

Maccydu

Hey people - looks like everyone's off to a great start!!

Jan 4th payment of £50 paid to Capital One. Had my statements through from Barclaycard and Halifax so I'll have to switch soon to them to pay my monthly minimums - don't want to lose my balance transfer rates!

#65 £600 / £17935

Only 347 more payments to go!

Hope you all have a great weekend!

redsheep

I sat down yesterday after reading the comments and set an excel sheet of £4000 - minus all my spends for the year, which is going to show how close to the final figure i'm getting...
I have £3986.40 left....
Paid my credit cards (gulp) set up a sheet using snow ball method. Next is now fully paid off...

recurrent-ostrich

redsheep wrote: »

Next is now fully paid off...

Well done! Now close it LOL! I've cleared my Next twice........and this week will clear it for the third AND FINAL time! :mad:

starnac

recurrent-ostrich wrote: »

Well done! Now close it LOL! I've cleared my Next twice........and this week will clear it for the third AND FINAL time! :mad:

unfortunately this can happen if you are not careful. Hence why I am in my OD for about the twelvty millionth time :mad:

amr547

#011: £426 / £6,000 :T

Getting there!

floella80

Morning everyone!
So I have £4000 saved from last year to start me off.

#72 £4000/£13915 = 28.7% yay! I will have more saved by the end of the month from my various saving pots.

sharronej

affordmylife wrote: »

im waiting for my wages on the 17/19 ish. and then I can begin.


yes it is frustrating but there is nothing else for it but to knuckle down, be frugal and wait it out.

I'm in the same position, my payments are scheduled on the 15th of the month so I also feel as if I'm sat here waiting!

pennies_from_Heaven

Hi all,
Please can I join? Our debt is £8696.48 (can't forget the odd 48p!)
I'm not sure that I will manage it all in one year, but I have put it down anyway and I am going to try my best! So deep breath......
please put me down for £8696.48