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Pay ALL your debt off by Xmas 2015!

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Comments

  • Toomuchdebt
    Toomuchdebt Posts: 2,133 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Mine's going to be slow too because although I am starting work on Monday(eeek!) I am prioritising moving house over paying extra on debt,so until that happens I will be a tortoise.
    Debts Jan 2014 £20,108.34 :eek:

    EF #70 £0/£1000

    SW 1st 4lbs
  • amr547
    amr547 Posts: 1,665 Forumite
    Part of the Furniture Combo Breaker
    Pablosammy wrote: »
    We all go at our own pace, the main thing is keeping the debt figure from going up. I guess you've looked at the other forums on here for money-making ideas?

    nope- but I'm going to look now! :D
  • Morning All


    Hope you are all well. Some good amounts being paid off already.:j
    Update from me £339.73 direct debit gone out so


    #58: £1,049.73/£10,400 (10.09% paid)


    Won't be paying any more off until my loan payment goes out mid month - I've used all my spare money to clear a credit card and my bank balance looks very sad (and by sad I mean very empty!).:( Going to take the kids out for lunch for a treat and go and do my food shopping ready for back at work and school. Have a great day all. x:)
    Blitz that mortgage
    Jun 2016 £152,000
    April 2021 £85,000
  • Pablosammy wrote: »
    We all go at our own pace, the main thing is keeping the debt figure from going up. I guess you've looked at the other forums on here for money-making ideas?

    Try the 1% challenge thread, there are some good ideas on the first page for making little bits of extra money to help with debt clearing:money:


    Savings goal £30,000 1% = £300.
    [/COLOR]
  • starnac
    starnac Posts: 5,946 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Happy New Year debt busters.

    First payment made today

    #87 £82/£4,827.56 or 1.7% :rotfl:
    Goals for February
    Declutter 2/50
    Money Made £0/£200
    Overpayments £0/£200
  • argomatt
    argomatt Posts: 273 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Hi,

    I would like to join in for this year.
    I have a personal loan and a credit card which I would like to pay off this year.

    Personal Loan: £12037.04
    Credit Card: £2567.87

    Total target is £14604.91

    I will try to pay them by:
    1. Paying any bonus or overtime off the loan
    2. Paying the money I was spending on student loan payments off the credit card
    3. Selling some more of my ebay items.

    It will be a struggle to pay it all by the end of the year, but I really would like to have it all paid as soon as possible.

    Matt
    DFBX2016 #024
    Target = £10804
    Paid = £2434
  • Pablosammy
    Pablosammy Posts: 566 Forumite
    edited 2 January 2015 at 1:01PM
    argomatt wrote: »
    Hi,

    I would like to join in for this year.
    I have a personal loan and a credit card which I would like to pay off this year.

    Personal Loan: £12037.04
    Credit Card: £2567.87

    Total target is £14604.91

    I will try to pay them by:
    1. Paying any bonus or overtime off the loan
    2. Paying the money I was spending on student loan payments off the credit card
    3. Selling some more of my ebay items.

    It will be a struggle to pay it all by the end of the year, but I really would like to have it all paid as soon as possible.

    Matt

    EDIT: I've put you in twice, I forgot you reserved a spot earlier... you're still #045!!!
  • Afternoon all you gorgeous lot !!

    I have just got rid of a lil old credit card and cancelled the account completely, so hopefully I will be rid of the other credit card by the spring ..

    Can you update #31£963.55/£3250 Pablosmammy please, your doing an amazing job xx
    Weightloss -36.5lb/64lb.
    Christmas savings £200/£800.
    Hol savings £300 /£500.
    Birthday savings £50 /£100.
    100 days #20 Credit union £40/£1150
  • arc_cutter
    arc_cutter Posts: 82 Forumite
    edited 2 January 2015 at 1:32PM
    Afternoon everybody
    just made my first payment of the year
    # 63 £95.52/ £21197.29 waiting for payday before I make the rest this 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%
  • muppets
    muppets Posts: 1,476 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    Happy New year everyone

    My target for this year will be £15,000 please


    Made a small payment of £5 to my UK debt :)
    Mortgage payment has gone out of £840.72
    also made a payment to my tax repayments fund £195.06




    PAYDFBX 2015 - #34 Pd £1040.78 / £15,000 - 6.93% :T
    PAYDBX 2020 - #01 Pd £15,029.29 / £13,140.66 - 114% 🎉

    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 126,846.35/ 271,495.07 46.72%[ MF was Aug 2038 now Sept 2035 😲
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