Pay a debt or reach a goal in 2015 challenge? Yes please!

DebtFree2012

Well done everyone!!!

I've paid £370.43 so far this month to the goal I have on here.

Everyone's payments are at different times and my January didn't start until 25th when I got paid so my Jan payments continue until Feb 25th when I'm paid again. Not that it matters as it's 2015 we're working for

There will be more - I am feeling so focussed! I've even added it to my signature.

I-need-to-be-debtfree

Hi All
Is it ok to join as I have a debt of £389.00 which I need to pay off by Jan 2016 or else they will add interest of £300.00 nearly doubling the debt. A moment of madness I know but it is done now so the amount of interest is motivation in itself!!
I have already set up a bank account that I will transfer money into as and when I can and already have £30.00 in there and am hoping I can pay it off before December - fingers crossed
xx

monz

Hey all - in addition to my £107.07 I am paying £500 this month making me £607.07 this year paid off so far xx

dreamingofmoney

Hiya all I have just totted up all of my debts and the difference between the 31st dec and today is £625.13 obvs paid more than that but with interest etc that is the actual amount cleared o am on target to clear £7000 this year.
Ta
Xxxx

DebtFree2012

Interest is do frustrating isn't it!

Welcome I-need-to-be-debtfree - I've added you

Keep going everyone!

I-need-to-be-debtfree

Hi All
Just sat with pen and paper dividing up money (actual cash) saved from my £5 a day challenge and have added £16.00 to this challenge.
xx

alex102

Paid 6k off since Nov 2014- this brings me down to around 14k total. I'm finding using a spreadsheet tracker (income versus outgoings)- and sticking to it religiously- is the key.

Cream_Tea

Another £20 off one of the CC's bringing my running total to £614. At this rate I should be done by June which is my new goal! The plan is to be debt free(£3020), save for the extension (£6000) and save an emergency fund(£4500). This will be a total of £13,520. I would like the bulk of it to be done by June but will happily settle for complete ion by the end of the year.

So far this year in savings and debt clearance £2920 / £13500.

CT

sophieo16

Im now up to £988.90 of my £2800 family debt. Slowly but surely! Hopefully i can have 1 half of it paid off after next payday

Well done so far everybody!

Calling14

Apologies I joined this thread and haven't posted as yet. Will post end of each month my debt progress 299/4200 may revise my target bit later on - struggle with that amount I think.