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Pay ALL your debt off by Xmas 2015!

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  • Fmess
    Fmess Posts: 2,920 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Combo Breaker
    I know we are midway to Xmas but can I join too? Want to try and push myself to clear this final chunk of debt.....

    Wow! Mid way to Christmas! That just really scared me!
    LBM = 07/09/13 Debt = £13339 (100% cleared)
    New roof and car £8557/£19003 New kitchen £396/£5039 Credit card Paid Student loan Paid
  • Aphidgirl
    Aphidgirl Posts: 431 Forumite
    Sixth Anniversary Combo Breaker Debt-free and Proud!
    bogbrsh250 wrote: »
    Hey how many of you have heared of an American guy called dave ramsey or used financial peace university

    I've been listening to Dave Ramsey vids and podcasts on Youtube. He's definately inspiring in a very American sort of way :) I like his baby steps, although I'm not following them 100%.
    Starting 2016 debt-free :D
    Emergency Fund: £350/£1000
  • abba1772
    abba1772 Posts: 7,746 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Car Insurance Carver!
    Couch payment came out today so bye byes £54.40 brings my total to £4023.53 / £4000

    Woo HOO beat my target and it's only May ..........I'm not debt free so will extended my target to £6000 if that's ok Pablo ?????

    :j:rotfl::rotfl::rotfl::rotfl::rotfl::j

    Debt payment will be slowing down now as need to put money by for holiday but agreed with hubby I'll start doing this in June so anything extra I can find in May will be put towards the debt first then I can concentrate on the holiday plus kids birthdays in July and August xx
    NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12
    POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.05
  • bogbrsh250
    bogbrsh250 Posts: 68 Forumite
    Aphidgirl wrote: »
    I've been listening to Dave Ramsey vids and podcasts on Youtube. He's definately inspiring in a very American sort of way :) I like his baby steps, although I'm not following them 100%.


    im doing the same, been following him a while and have been through fpu if you need help pm me
    Debt free in 2016. /£2935
    #151 745/4180 here's to being debt free in 2015 :mad::xmassign:
    emergency fund #110 £220/£1000:(:eek:[/
  • amr547
    amr547 Posts: 1,665 Forumite
    Part of the Furniture Combo Breaker
    Just updated my total as below!making min payments at the moment.
  • Money_Muppet
    Money_Muppet Posts: 122 Forumite
    Part of the Furniture Debt-free and Proud!
    Bonus month :beer: should mean I can bust a load off my debt, but instead I've used the money (and more) to buy shares in the company I work for. This means an overall reduction of only £182.70 this month :sad:. But all being well I'll almost double my money by next year. So, if i don't quite make DF by Xmas, I should be well sorted to clear it my May 2016!

    #75 £4647.49/£18624.98

    Takes me below £14K anyway, and still waiting on switch incentive and cashback. Hopefully I'll be able to trim a little more off this before the end of the month.
  • bogbrsh250
    bogbrsh250 Posts: 68 Forumite
    flat tyre on my car this week which has knocked me back from getting to my target of getting to £1000 paid off so far but making a small payment of £50 today but which I get my pay from my other job on Monday I should be able to pay off more.


    #151 785/4080
    Debt free in 2016. /£2935
    #151 745/4180 here's to being debt free in 2015 :mad::xmassign:
    emergency fund #110 £220/£1000:(:eek:[/
  • IrishRose12
    IrishRose12 Posts: 1,788 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    #066 checking in here.

    Unfortunatley I've had to have a few unavoidable spends on my CC which has made my debt go up a tiny but, however I'm delighted to say that I have just paid off my Credit Union loan this week:T

    I really should have been over £1000, paid off now, but I've slipped down to 50% paid again :(

    I'm happy enough though one debt paid off, and now I can pay that money towards my CC debt.

    So now I am at £850/£1700 I know I've went backwards, but hopefully it won't be for long
    Pay all debt off by Christmas 2025 £815.45/£3,000£1 a day challenge 2025 - £180/£730 Declutter a bag a week in 2025 11/52Lose 25lb - 10/25lbs Read 1 book per week - 5/52Pay off credit card debt 18%/100%
  • Dizzy_Imp
    Dizzy_Imp Posts: 2,782 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    #85 checking in with a CC payment of £250

    So am updating...

    #85 £7900.74/£25,000 = 31.6%
  • Ccarter
    Ccarter Posts: 149 Forumite
    #0027 tiddly payment today of £21.99, probably the last I can do for the month.

    New total is

    #0027 £3631.15/£4535.13
    Debt free by XMAS 2015 #027
    Barclaycard: £0.00
    Divorce: £0.00 :j
    Kitchen: £0.00 :j
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