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Pay ALL your debt off by Xmas 2015!

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Comments

  • twiggy86
    twiggy86 Posts: 2,682 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    #49 checking in!

    Don't think I updated my figure last month - naughty me! But my current total is £4,543.85/£5,000

    I'm determined that I will reach my initial target of £5,000 as under £500 left to go so I'm not sure how it works - set a new target (i.e. #49 show as 100% and new number with additional amount) or amend my current target? If that makes sense! I think I'd like to reach 100% so I can say I did it, in case I then set it too high!
    Debt as at 5 June 2023 - £15,600.89
    Current debt - £5,555.00
    Total paid off - £10,045.89 (64% paid off)
  • Pablosammy
    Pablosammy Posts: 566 Forumite
    Ccarter wrote: »
    I have paid my final payment today-£387.48

    So I am now debt free!!!!!!!!!!!!!!!!!!!!!!

    I am so proud that I have finally done it.


    New total is

    0027

    New total is now:

    £4617.32/ £4,535.13


    Not sure why i've overpaid more must have got my figures wrong ooops. Can't wait to close down that credit card wooo.

    Keep up the good work everyone x

    So sorry, I completely missed this! CONGRATULATIONS! :T:T:T Here's your LOVELY medal...
    :T:beer::j:T:beer::j:T:beer::j

    jtkpol.jpg

    :T:beer::j:T:beer::j:T:beer::j
  • Pablosammy
    Pablosammy Posts: 566 Forumite
    could i join in please, have a few debts and won't manage to pay them all off by xmas2015 but looking to pay off the only thing that i pay interest on. a credit card that charges a whopping 27.45% interest :eek: . balance on this is £2450 :(

    Right, number allocated. You're #184, good luck!
    twiggy86 wrote: »
    #49 checking in!

    Don't think I updated my figure last month - naughty me! But my current total is £4,543.85/£5,000

    I'm determined that I will reach my initial target of £5,000 as under £500 left to go so I'm not sure how it works - set a new target (i.e. #49 show as 100% and new number with additional amount) or amend my current target? If that makes sense! I think I'd like to reach 100% so I can say I did it, in case I then set it too high!

    So close! I can either amend your target, and the percentage will change too, or just let it go over 100%. Silian is sat there at 138.7%!

    It's up to you. Personally, I'm going to amend my target when I get to the point I will get to 100% by Christmas just by making my routine payments. Did that make any sense?!
    Mat_Lock wrote: »
    amr547 wrote: »
    Woohoo, it's Friday. Plus it's payday today/QUOTE]

    :j:j:j

    Haven't updated in a while so hope everyone is alright? 9 weeks to go until baby arrives :eek::eek:

    Lounge is complete in the new home now, got the curtains and rail up (badly due to seriously hard concrete) and painted the final coat on that wall too.

    Nursery still needs to be done but OH's Dad will be helping out with that so we should be ready for when baby arrives.

    Happy debt paying guys :)

    Hey Mat, sounds like busy times in the new house! It's only going to get busier, enjoy the peaceful sleep while you can... :rotfl:
  • arc_cutter
    arc_cutter Posts: 82 Forumite
    Payments made for the month #63 £368.23 paid off. another hard month done hopefully it is easier next month.
    DFXMAS 2015 Total £4893.66 / £21,197.29 /23.08%
    DFXMAS 2016 Total £3783.97 / £17626.13 /21.46%
    DFXMAS 2017 Total £3902.37 / £18927.72 /20.62%
    DFXMAS 2018 Total £4746.36 / £18528.62 /25.62%
    DFXMAS 2019 Total £3650 /£17568.99/20.78%
  • Digging_2
    Digging_2 Posts: 91 Forumite
    Well I only came on here to say that one day I will be near the end of my debt and can join the challenge... but as you are letting people join who have an amount they want paid by Christmas I'll join now:T


    I am aiming for another £4200 paid off this year.:D
    LBM July '15: [STRIKE]£34,867.89[/STRIKE] :mad: £34,077.59 (1% paid) DFD:[STRIKE]Feb 2020[/STRIKE] April 2019 £2 Savers #129: £8 'Extra payment a week': £0
    Wombled: £18.22 GC £200 #185 Aug:£167.98 Sept: £63 Pay off by Xmas'15 : £4200/£790.80(5.3%) House deposit: £5000/£360 (7%) Emergency fund #125: £1000/£30
  • tracy6697
    tracy6697 Posts: 189 Forumite
    I was paid on Friday so, after doing my sums I worked out I could make my final payment and I am now debt-free!

    #10 £3000 / £3000 (100%)

    I'm really grateful to this thread for keeping me focused on my goal and I don't think I'd be in this position now without it. A special thank you to Pablosammy for all your hard work on this thread.
    SPC #229= £103.76(2014)
    VSP #11 = £74.11(2014) £85.55 (2015)
    Crazy Clothes Challenge 2014 £33/£100, 2015 £44 / £100
    DFBXmas2015 #10 £3000 / £3,000 (100%) :j
    LBM - December 2013 :idea:
  • Magsnoodle
    Magsnoodle Posts: 263 Forumite
    Ninth Anniversary Combo Breaker
    Well done Tracy - what a brilliant achievement....
    E.F. #38 240.55/1000 SPC8 #375
    DFBXmas 2015 #162 18554 /18554 100%
  • Magsnoodle
    Magsnoodle Posts: 263 Forumite
    Ninth Anniversary Combo Breaker
    Hi all

    So I have added another £750 into the pot to pay back the folks at Christmas so it brings me up to £1665.71 paid for them. This is 33.31% of total owing to them.

    Will put some extra in next month as will have some spare due to being on holidays and we have all the money together for that anyway.

    Feels really good to know that I will finally have paid this back after 15 years.. Far too long.

    TTFN xxx
    E.F. #38 240.55/1000 SPC8 #375
    DFBXmas 2015 #162 18554 /18554 100%
  • amr547
    amr547 Posts: 1,665 Forumite
    Part of the Furniture Combo Breaker
    Congrats Tracy!:j:j
  • abba1772
    abba1772 Posts: 7,746 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Car Insurance Carver!
    Ok I'm back from holiday and I'm back on the debt busting trek !!!!

    £54.40 on couch repayment
    £60 to my very account
    £155 towards my credit card

    Total £259.40 for today........feel better I'm back on it :T

    Brings my total to £4903.32 / £6000

    Determined to hit the £5k mark by the start of August
    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
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