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£18,063.76 will be paid in the next 10 months
DenisCooper
Posts: 23 Forumite
I herby pledge that I will pay my full debt within the next ten months or sooner.
So I've broken the debt down to pay 10% of my debt each month.
I get paid weekly on a Friday.
I need to pay £1806 a month for the next ten months.
I've made my first payment for this week of £360 towards my debt.
So my new balance is now £17,703.76
So I've broken the debt down to pay 10% of my debt each month.
I get paid weekly on a Friday.
I need to pay £1806 a month for the next ten months.
I've made my first payment for this week of £360 towards my debt.
So my new balance is now £17,703.76
0
Comments
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Wow thats a lot! Well done. I think I need to go small lol. Am thinking of just transferring any odd pounds and pence left in my account at the end of the week or something. My debt is currently around 5000 pounds but im aiming for 2 years debt free.Cc debt; £4950 Tesco - £3.37 Boots - £3.94 £2 pot - £0.00 Sealed pot NO40 - £7.87 no spend days jan-3/31 £2 savers = £60
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I like your conviction with regards to reducing your debt. Well done. Look forward to seeing more of your updates!0
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Fantastic, way to go, I have subscribed and look forward to your success :TPay off Car Loan £17,047 £10580 by Christmas 2022
Mortgage 1 @ 23/03/2019 [STRIKE]£101297[/STRIKE] £84457 16.6% DI [STRIKE]£6.95[/STRIKE] £6.15
Mortgage 2 @ 12/04/2015 [STRIKE]£136121[/STRIKE] £100,546 26.1
% DI [STRIKE]£9.13[/STRIKE] £6.07
1st LBM 02/06/2013 £[STRIKE]21595[/STRIKE] Debt Free Day 27/03/20150 -
DenisCooper wrote: »I herby pledge that I will pay my full debt within the next ten months or sooner.
So I've broken the debt down to pay 10% of my debt each month.
I get paid weekly on a Friday.
I need to pay £1806 a month for the next ten months.
I've made my first payment for this week of £360 towards my debt.
So my new balance is now £17,703.76
Good luck!
Dennis @NDLWe work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps0 -
Hells yeah! Good luck! I like your determination! It's my favourite word!“Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent".0
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Well done Denis! I'm loving your focus!!!
NYD2019 goal
0/£150000 -
I'm just going to cut back everywhere I can.
Live like no other to live like no other!0 -
Good Luck!
Keep us updated!:)
a2sSealed Pot Challenger #194 - Target £50!
March NSD Challenge - 4/15
2014 - £365 in 365 days! #17 - £30
March LTW Challenge - 7/210
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