Pay ALL your debt off by Xmas 2015!

littlebitbonkers

Another £35.08 paid today, new total for #127 is £54.10/2674.03

arc_cutter

Determined_diva wrote: »

What does YNAB mean again? I always forget!!!
DDx

You
Need
A
Budget

Money_Muppet

Payday!

YNAB is telling me I have £625.96 to throw at the debts this month. So;

#75 £830.84/£18624.98

A bit below my £1500ish target to clear by Christmas, but I should be able to get the overtime in at work later in the year to get me back on track.

Determined_diva

Hi all,

I paid off another bill in full today..£977!!!

That makes me

#25 £1,017/£9,479.76 = 10% paid off!!!

Wooooooo hooooooo

Kelxx

Today's total
#125 £268.21/£4000.00

I think that's 7% :j

abba1772

Direct debit for car came out today bye bye £157

Brings my total to £380.08 / £4000 hmmmmmmm wonder if I can find 19.92 to bring me up to 10%

Pablosammy

Nix143 wrote: »

Hi, please please please can I join? I've had a month of one lightbulb moment after another, instigating little changes and have decided I really REALLY need to do this properly. Once and for all.

I'm currently working out my total debt and then will work through the thread, set up spreadsheets and start tackling this thing.

One question - I have an agreement from YEARS ago whereby I am paying off credit card debt through Moorcroft - this is set fixed at £50 a month. Because this isn't incurring any interest (I finish August 2019!) do I include this figure? It's an additional £2800 that in my head isn't really a debt because it's not growing any bigger - does that make sense? Would paying it off improve my credit rating? Such a noob .

Anyway looking forward to getting a number and posting my first update - I'm going to include payment from 1st January as I have already started addressing this and need a bit of encouragement.

Put me down for £3512.14 - overdraft, credit card and Next account. I think this will be more than enough for one year, especially as I have lived in my overdraft for over 10 years!!!!!

Personally, I'd still count it as a debt, as technically it still is. However, despite the thread's title you can set yourself any target you like for the year, so it's up to you if you include it in the challenge. Your number is 131, welcome! :T

arc_cutter wrote: »

Hey it's payday today. Monthly budgeting here I come.

You jammy so and so! Payday is still 5 days away here, it's been such a long month.

cutiepieabf wrote: »

Hello, is it too late to join? I would like to be debt free for Xmas 2015!
I would like to clear £800 overdraft and £8,000 credit card?! so my total is £8800.
Thank you!

Of course! Number 132 for you :T

arc_cutter

# 63 Made payments today of £271.40

Mat_Lock

I spent on my credit card last week thinking I wouldn't last another 9 days until payday but today I just paid it all off again. So I have a new total and payment made. Back to £250 debt for 2015. Come on payday hurry up.

£95.33 / £345.33 27.6%

luckekelly

Hi all im new to this..... although ive been lurking for some time... ahem years lol
When people calculate the amount of debt they wish to pay off this year do they include the interest for that year ie a loan? might be being silly but in my defence im full of the flu xx