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Pay ALL your debt off by Xmas 2015!

1145146148150151301

Comments

  • Ccarter
    Ccarter Posts: 149 Forumite
    I've paid a random £29.73 with a Tilly's tidy!

    So new total is

    #0027 £2258.04/£4535.13
    Debt free by XMAS 2015 #027
    Barclaycard: £0.00
    Divorce: £0.00 :j
    Kitchen: £0.00 :j
  • Last few days of the month and don't think my next quidco deposit will make it to my bank in time so declaring my total from January's wage! So happy to be over 30% already, can't wait to be done with repaying this lot though it's already taking it's toll :o

    #057: £2556.50 / £8202 31.2%
  • iarniee
    iarniee Posts: 96 Forumite
    edited 23 February 2015 at 10:45PM
    I would like to join this challenge. Please assign me a ticket

    OUTSTANDING DEBTS

    £1220


  • minmac
    minmac Posts: 85 Forumite
    The per day thing is so interesting. I'm going to work mine out tomorrow x
  • One_step_forward
    One_step_forward Posts: 198 Forumite
    edited 24 February 2015 at 11:27AM
    Payments per day is interesting, there are 310 days left of this year so that means my daily payments need to be £8.08 - £5.75 of this met by my Direct Debit payments so only another £2.33 per day to find!


    Happy!


  • Dizzy_Imp
    Dizzy_Imp Posts: 2,782 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    I'm not thinking about my daily total at the moment :(

    On a more positive note, I paid an extra £436 today to the CC, so... #85 £3118.64/£25,000 12.47%
  • starnac
    starnac Posts: 5,946 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Morning all (just) Minimum payment has just gone out on the loan and it looks like the monthly interest amount has come down for £20 to £16. Those overpayments are making a difference as more of the minimum payment pays down the capital now too :T

    #87 £1,552.67/£4,827.56 or 32.16%
    Goals for February
    Declutter 2/50
    Money Made £0/£200
    Overpayments £0/£200
  • I love the statistical analysis of things like this (im quite sad and analyse everything, at my target to clear all of my debts, including those not included yet in this challenge...

    This year I need to pay off £21,500, which equates to I need to pay off £69.35 per day, that equates to only £2.88 per hour or around 4.812p per minute or a meagre 0.0008027p per second...

    All of this is from my spreadsheets
    £4142.49/ £131,795.91 - 3.14% paid off or only £129,608.80 to go!
    Debt free by Xmas 2015: #182 £1955.38/£4435.51 (44.08%)
    MFW: Opening Balance: £108,297.91 Original MF Date: June 2042
    Current Balance: £106600.27 Estimated MF Date: Dec 2033
    Proud to be dealing with my debts
  • Hey all x I hope you are well.

    Loving the payments by days idea although i didnt like my calculation of £28.45 a day :(

    Looking forward to pay day on friday, even though February is a short month, it feels like its been a very long time since my last payday.

    I was hoping to throw quite a bit at our debt this month, however my delightful son decided he wanted a birthday party - giving us just 10 days notice - informing us AFTER he had announced it on facebook and 300 comments later :eek: so that ended up being £250 :(

    We exchange on our house on Friday (finally...it was supposed to be 26th January) and should complete early March, however the searches threw up some additional costs meaning i have another £169 to find before we complete and im hoping nothing "extra" pops up in the legal fees from the solicitors.

    Ive made £73 this month on Ebay and im waiting for £62 to track in quidco so at least that offsets some of the additional costs.

    I would have much rather the £554 was an additional payment on our debt, oh well. Next month maybe :)
    Finally dealing with debt: 01.01.2015 -£10,562.:(
    01.02.15-£8820 01.03.15-£8066 01.04.15 £7036 01.05.2015- 6128 01.06.15 £4957

    Pay ALL your debt off by Xmas 2015! #59- £5605/[STRIKE]£10,562[/STRIKE] 53%
    2015: Sell £1000 #69 £510.97/1000
    Virtual sealed pot challenge #24 £32.19/£300
  • monz
    monz Posts: 4,129 Forumite
    Part of the Furniture 1,000 Posts Debt-free and Proud! Stoptober Survivor
    I will be adding £200 in two days when its pay day :) x
    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
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