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Pay ALL your debt off by Xmas 2015!

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  • starnac
    starnac Posts: 5,946 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Just made my last payment on the 2014 thread. I managed to pay off 50.9% (that 0.9% is VERY important ;) ) in 2014 so I can do it again and be debt free in 2015 :T

    Can I declare my starting target at #87 £0/£4827.56 please Pablosammy
    Goals for February
    Declutter 2/50
    Money Made £0/£200
    Overpayments £0/£200
  • I hope to pay off all outstanding debt in 2015:

    £2000 to a family member and
    £1000 Tax Credits overpayment

    I'm also saving money to (hopefully) start an MSc in September so it is going to be a very frugal year!
  • Final DD payment for the year comes off tomorrow, then I'll just need to make the additional payment once interest goes on the loan statement to make it £100 in total paid off the loan this month.

    It'll leave me £1250 short of my year's goal, but that's still a hell of a better place to be in than £5k of debt!

    Ok, count me in for 2015. My target is the £1250 remaining on my loan.
    DEBT FREE!

    Debt free by Xmas 2014: £3555.67/£4805.67 (73.99%)
    Debt free by Xmas 2015: £1250/£1250 (100.00%)
  • SpagBol
    SpagBol Posts: 1,371 Forumite
    First payment for this challenge! A DD has gone out:

    #002 £58 / £44,000

    :j
    DMP started Oct '17: £79,974 :eek::eek::eek::eek::eek:
  • Fmess
    Fmess Posts: 2,920 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Combo Breaker
    edited 24 December 2014 at 10:20AM
    First payment for me as today is payday :)


    #017 £346.89/£4842
    LBM = 07/09/13 Debt = £13339 (100% cleared)
    New roof and car £8557/£19003 New kitchen £396/£5039 Credit card Paid Student loan Paid
  • First payment for me: £50.00/£9,156.24
    DDx
    Started again 25th December 2017
    Current tracking - £7,955.84/ £18,282.25 to pay off. (31.12.19)
  • Thanks guys, I'll update your totals soon :)
  • Morning, I hope everyone has had a lovely Christmas day and today will be a little more relaxing.


    #31 £117.00 paid off so far.



    Weightloss -36.5lb/64lb.
    Christmas savings £200/£800.
    Hol savings £300 /£500.
    Birthday savings £50 /£100.
    100 days #20 Credit union £40/£1150
  • blubella
    blubella Posts: 581 Forumite
    Tenth Anniversary 500 Posts Name Dropper Combo Breaker
    I was a member of the group last year but lost my motivation midway...ended up off of work sick due to bullying and harassment, doubled my debt through training and equipment and yes....in denial!!

    I have probably doubled my debt after starting off so well in 2014, time to re-focus with the New Year and be honest with myself.

    I do not think I will get myself out off debt in 2015 but I am going to make a real effort not to get myself in anymore debt and pay off every penny that I can (it's the pennies that count...right?!) It's all quite depressing but I am going to keep positive that the New Year will bring better things than last and I know I can rely on the group to support me. :T

    I will work out my total debt this morning, but i'm estimating around £18,000.

    Please can I have my old number back if it's still available:
    #101
    #4 DFBXMAS24 - £2,322.85/£5,000
    NSD Challenge - Jan 15/12, Feb 3/12, Mar 10/10 Apr 10/12, May 5/12.
    SPC #44


    Success is the good fortune that comes from aspiration, desperation, perspiration & inspiration ~ Evan Esar
  • Silian
    Silian Posts: 165 Forumite
    edited 26 December 2014 at 2:05PM
    451.27 paid in December. (nr 21)

    Not as much as I should pay each month, but I'm rather proud of myself that I didn't increase my debt over Christmas like I did every previous year.
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