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

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  • DebtFree2012
    DebtFree2012 Posts: 3,573 Forumite
    £50 sent over this morning. I have more to send but I'm waiting for another payment to come in before I send it as the law of s0d will saw I'll send it, have nothing and something will happen! Balance now £6572, reduction of £1942.
    Debt - CCV £3792
    CCB £1383 (took a hit for a holiday)

    Loan 1 £1787
    Loan 2 £1683
    Total £8601 Was £39302
  • monz
    monz Posts: 4,129 Forumite
    Part of the Furniture 1,000 Posts Debt-free and Proud! Stoptober Survivor
    Hey everyone I have paid my loan and also the overpayment taking this now to £1,307.07/£2,550 :)
    Debt (1/9/14) £6,702.11 Debt free (30/11/2016) mortgage port- £70,077.82 and mortgage £126,517.39 o/s currently
    Debt - £17,190.83 (29/7/22) now (19/8/22) £16,688.80
  • alex102
    alex102 Posts: 13 Forumite
    £700 quid paid- a reluctant holiday and council tax payments are messing with my schedule. :(
    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".
  • PinkPoppies
    PinkPoppies Posts: 562 Forumite
    May done with here now. £1734 paid off this month, and £8880 ytd.

    Scary to think we will be halfway through the year this time next month! :eek:
    Total Starting Debt August 2014- £38,061
    Current Debt- £3600

    Mortgage Offset Savings- £600
    90.5% paid off so far...
  • DebtFree2012
    DebtFree2012 Posts: 3,573 Forumite
    I think it's scary and fantastic to be almost half way through the year. I'm by no means wishing life away as we're making the most of (almost ;) ) every day and each day is a day closer to becoming debt free. I can almost taste it haha!

    Another £200 sent this morning along with a few payments during the month taking the new total for this CC to £6224.

    Keep going everyone. Alex - enjoy the holiday even if you are reluctant ;)
    Debt - CCV £3792
    CCB £1383 (took a hit for a holiday)

    Loan 1 £1787
    Loan 2 £1683
    Total £8601 Was £39302
  • Finished June with another £333.24 paid off my total debt, and another chunk off my £7000 aim for this year, will have a good payment this month and think this will motivate me to really crack on. Take care all.
    Jan 2025 £26561.43/£0. I want to clear £9000 this year (2025)
  • Cream_Tea
    Cream_Tea Posts: 427 Forumite
    Wedding Day Wonder
    Another £70 paid off since last posted leaving £1390 to go. I've made a new money plan this month which will prioritise paying off debt over savings which should see the CC paid off before the end of August. Which will be very exciting.

    I hope everyone's doing well and the sunshine and beer gardens are distracting us all (too much)!

    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
  • Hiya all
    Forgot to post at the end of June, so will post my update today as if it was the end of June. I have now cleared £2413.89 or 34.5% of my target of £7000. Since this I have had a little bonus from work so next months payment will look better and will hopefully punch me over the half way mark, don't think to be honest that I will reach my goal this year but I will definately give it a good go, and anything will be better than nothing. Not sure why but I seem to have a lot less disposable income to throw at my debts than I did last year, not sure why will have to go and have a real good look at things.
    Take care all
    Xxxx
    Jan 2025 £26561.43/£0. I want to clear £9000 this year (2025)
  • DebtFree2012
    DebtFree2012 Posts: 3,573 Forumite
    The fact that we're all doing it is admirable so don't worry if you don't clear it this year, the amount you have shifted will be a goal in itself :) well done and keep going.
    Debt - CCV £3792
    CCB £1383 (took a hit for a holiday)

    Loan 1 £1787
    Loan 2 £1683
    Total £8601 Was £39302
  • sophieo16
    sophieo16 Posts: 191 Forumite
    Eighth Anniversary 100 Posts Name Dropper Combo Breaker
    my debt payback total now stands at £2430.95/ £2800. :)

    I plan to have this fully paid off next payday and then put all of my effort into getting my £1000 emergency fund back up to the total so I'm more secure going forward.

    Well done everyone with your debt busting!
    Mortgage Feb 2023- £249,210 MFW 2023 #20: £524.05/£500 (104.81%)
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