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

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  • catlady1990
    catlady1990 Posts: 142 Forumite
    Seventh Anniversary 100 Posts Combo Breaker
    Awww that's brilliant! I'm not at the quarter mark with my debt busting challenge but just plodding along. I went to the bank and reduced my od by £100 today. Only a very small amount but it reduces my interest by a tiny bit which definitely helps ☺
    Keep debating whether to eat into my savings to pay off the debt a bit quicker, but it feels good to have a little tiny pot of money aside for emergencies
    Too much money owed, trying to pay it off one paycheck at a time
    Happiness comes from within, following your dreams and doing what you love :) :A
  • Awww that's brilliant! I'm not at the quarter mark with my debt busting challenge but just plodding along. I went to the bank and reduced my od by £100 today. Only a very small amount but it reduces my interest by a tiny bit which definitely helps ☺
    Keep debating whether to eat into my savings to pay off the debt a bit quicker, but it feels good to have a little tiny pot of money aside for emergencies

    I'd been wondering this for a while, but last month i gave in and paid my overdraft and catalogue with it, and i'm really glad i did because i'm that much closer to being df, saving on interest, and still have the over draft if i had an emergency.
    Still here..... but working on that!
  • alex102
    alex102 Posts: 13 Forumite
    £800 paid to Barclaycard. Hope they choke on it. (joking). Trying to fight the temptation of buying an iWatch atm.
    Total Debt (Nov 2014): £19814.55 (April 2015) £13,500.00
    Strategy: ~90% of pay cheque on debt repayment until December 2015.
    "Insert profound saying here".
  • DebtFree2012
    DebtFree2012 Posts: 3,573 Forumite
    Another £261 sent to the challenge over the Easter holidays. I'm back to normal now so no more large payments but still hoping to clear the remaining CC debt by the end of the year (£6833 left on this).
    Debt - CCV £3792
    CCB £1383 (took a hit for a holiday)

    Loan 1 £1787
    Loan 2 £1683
    Total £8601 Was £39302
  • DebtFree2012
    DebtFree2012 Posts: 3,573 Forumite
    More payments made bringing the total to £6622 from £8515 :)
    Debt - CCV £3792
    CCB £1383 (took a hit for a holiday)

    Loan 1 £1787
    Loan 2 £1683
    Total £8601 Was £39302
  • Doris17
    Doris17 Posts: 925 Forumite
    Tenth Anniversary 500 Posts Name Dropper Combo Breaker
    Hello,
    I can I join in please, looking to clear Halifax Credit Card about £1700 by the end of the year.
    Doris.x

    "Make Everyday Count"



  • Cream_Tea
    Cream_Tea Posts: 427 Forumite
    Wedding Day Wonder
    £50 more off the money mountain. One step closer! I hope everyone is doing well their end.

    CT
    Mortgage [STRIKE]£269,000[/STRIKE] £258,987 / MF date [STRIKE]June'49[/STRIKE] June'49
    Debt £24,990 / Debt Free Est. May'21

    Updated 06/05/18
  • Drawing a line under April today. £1598 paid off this month, bringing the total ytd to £7146.

    This year really is flying by! :eek:
    Total Starting Debt August 2014- £38,061
    Current Debt- £3600

    Mortgage Offset Savings- £600
    90.5% paid off so far...
  • Good morning all,
    Well that is April done and dusted, I finished with £1858.45/£7000 or 26%. Not achieved as much as I wanted this month but had a lot of big expenses so am just pleased to clear a little. Am aiming to be more on track by the end of May. Percentage wise I should be aiming to be at just over 40% but realistically I will be at 33% and aim to make up the shortfall over the next few months.
    Good luck and take care all
    Xxxx
    Jan 2025 £26561.43/£0. I want to clear £9000 this year (2025)
  • DebtFree2012
    DebtFree2012 Posts: 3,573 Forumite
    Doris17 wrote: »
    Hello,
    I can I join in please, looking to clear Halifax Credit Card about £1700 by the end of the year.
    Doris.x

    Welcome :) I have added you to the front page.
    Debt - CCV £3792
    CCB £1383 (took a hit for a holiday)

    Loan 1 £1787
    Loan 2 £1683
    Total £8601 Was £39302
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