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When's your Debt Free Date?
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Big update: I have now lost the great job with big wages. Been made redundant, but after 15 years, got a bit of a package to help me out. Thinking of going freelance with my photography business, translation & web design too. Entrepreneurship here I come. Setting up a Ltd company: www.zzzmedia.co.uk
Paid off 2 credit cards, and will soon be in single figures: CC1 £12,800 (just paid off) | CC2 £3,747 (just paid off).LBM 31/12/13 - As of 09/05/15: CC1 {MBNA @ 6.9% for life} £3,871 | CC2 {Lloyds @ 0% for 35 months} £6,684
DFD: ?? 2016 - Total £10,5550 -
December 2016!0
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5 years today, May 27th 2020Started DMP Oct 2012 debtfree date 1st March 2020
Starting debt £72481
Current debt £47600. 33% paid off!!!:T:rotfl::rotfl::j
Moved from £70's to £60's, bye bye £50's and hello £40's!
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Hoping for June 2017, started out About 2 1/2 years ago with £58k, now down to £34k, but have also cleared off some HP along the way, by the end of summer I should be paying £1400 per month. Next milestone is for the debt to be in the twenties.0
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Hoping for June 2017, started out About 2 1/2 years ago with £58k, now down to £34k, but have also cleared off some HP along the way, by the end of summer I should be paying £1400 per month. Next milestone is for the debt to be in the twenties.
Im paying off at £1600pcm, doesnt it annoy you when you realise that is more than some full time wage earners take home and we are putting it to the bank as soon as we are paid......wont be forever though, im aiming for before summer 2017 which will mean 2 and a half years to pay £46,500....fingers crossed:eek:Living frugally at 24 :beer:
Increase net worth £30k in 2016 : http://forums.moneysavingexpert.com/showthread.php?p=69797771#post697977710 -
I was debt free dec 2014, but then got ill and now have a 20K business overdraft to clear. 3 months of poorly, 29 months of debt. Snowball says sept 2017 but I aim to do this much faster, not sure how yet, will ponder it today.
Well done all you debt free success people.0 -
28th December 2016.
But I could push really hard and get it to 28th August 2016.0 -
December 2016 with scheduled payments, but I'm hoping to have it gone by the end of this year. Currently in the Debt Free By Xmas 2015 challenge, although I can see it spilling into 2016 slightly if I don't get my act in gear :rotfl:0
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May 2016 although there might be room for improvement :-)DFD September 2017
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Aiming for September 2016 (give or take). Sooner if I have the means and not a minute too soon.0
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