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Pay ALL your debt off by Xmas 2014!

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  • Next time I post it I will be debt free! #018
  • abba1772
    abba1772 Posts: 7,746 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Car Insurance Carver!
    Another £50 towards the credit card :)

    Brings my total to £3107.20 / £3000
    NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12
    POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.05
  • Afternoon All


    I've finally hit this years target figure after a very expensive October trying to help get my sons car on the road.:j I'm no where near debt free, but really pleased to have hit my target.


    #058: £12,628/ £12,600 (100%)


    Minicooper - can I set myself a new target please which can be carried forward into 2015 - not sure how it works but happy to go with the flow?


    If I can set a new target my Nov 2014 to December 2015 target is £12,000 (£6000 of debt and £6000 of mortgage). (I can split down into 2014 and 2015 if easier):D

    Blitz that mortgage
    Jun 2016 £152,000
    April 2021 £85,000
  • Rachiedabler - congratulations on reaching target! I'll do a roll of honour in a mo!

    I'll run this thread up to Christmas, and the whole thing will start over again with new targets and new numbers from around Boxing Day. I'll add you as #218 for now, but it will be a new number in the new year! I'll put you down for £12000, but let me know if you'd rather set a smaller interim target!
  • Roll of Honour 2014!

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

    :j #058 Rachiedabbler70 Paid £12,628.00 :j

    :j:j:j:j 1st November 2014 :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
  • Wow - we're picking up a little member momentum as the year starts to draw to a close. Seven new members this month! Hi newbies :wave:

    In October, you all managed to repay:

    £24,384.67

    (and p.s. my OH happened just spotted the running total of repaid debt and gave you all a massive high-5 :rotfl::rotfl:)

    Just two more months to go until Christmas :D
  • Hiya everyone, just checking in. Managed to pay off the loan, so now it's just the CC to tackle!


    #098 £2740/£6540 42%


    Sweeeeeeeeeeeet!
    Debt Free by Xmas 2015 :xmastree: 098 - £1840/£1840 100%
    CC £0 Loan £0 Overdraft £0
    Debt Free by Xmas 2014 £4700/£6540 72%
  • SpagBol
    SpagBol Posts: 1,371 Forumite
    Longships wrote: »
    Is it too late for me to join for this year and next?

    Won't even make a dent by Xmas 2014 but hope to by Xmas 2015.

    Just moved in to a cheap flat and DHs wages will cover all living expenses and minimum payments (just), so everything I make can be put towards paying off debts - which sounds great except that my job is seasonal and ends in 2 weeks time, starting again in March 2015 :eek:.

    There is just the two of us plus monster cat. All 4 kids have flown the nest.

    Total debt right now as far as I can work out is £44,214.66 consisting of:-
    £1,763.25 Credit Card at 40%+ APR!
    £1,395.90 Catalogue
    £1,235.19 Bank
    £9,820.32 Family Loan
    plus an estimate of £30,000 which is what I would hope our other creditors would accept in full & final (for the past 6 years all of these have either been getting token payments or nothing at all).

    I have read all of this thread and you seem like a friendly bunch so hope I can join you :)

    Welcome Longships :wave: I have a similar amount to repay so we can plod along together :)
    Glittery wrote: »
    Just gone over the £1000 paid mark. So happy :j

    #211 £1560/7500

    Fantastic, well done :T
    Roll of Honour 2014!

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

    :j #058 Rachiedabbler70 Paid £12,628.00 :j

    :j:j:j:j 1st November 2014 :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

    Well done! Super achievement! :beer::j:T
    DMP started Oct '17: £79,974 :eek::eek::eek::eek::eek:
  • Well done everyone on the impressive debt-busting!

    I've had to reduce my payments due to christmas and an impending trip to Amsterdam, however I should have paid off over 5K in total this year by Dec 25th, so not too bad! Current figures are:

    #163: £4904/9141 (53%)
    Starting 2016 debt-free :D
    Emergency Fund: £350/£1000
  • starnac
    starnac Posts: 5,946 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Member number 87 checking in.

    £200 paid off today bring total so far to

    #87 £4,506.29/£9,827.73 or 45.8% so close to half way. I hope I can make it by Christmas. Then I'll have to do it all again next year :eek::rotfl:
    Goals for February
    Declutter 2/50
    Money Made £0/£200
    Overpayments £0/£200
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