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First creditor paid off!!! Woooooo

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supermum1988
supermum1988 Posts: 160 Forumite
edited 24 April 2015 at 4:35PM in Debt-free wannabe
Just sharing my first real milestone towards being debt free!! Today I have cleared one of my debts and that creditor is now GONE. It felt amazing!!
Couldn't have done it without the DFW forum :dance: :dance:
LBM: 10/03/2015 Total debt:£11,742. :mad:
Extra Payment Every Week 2015 challenge: £179.50/500-35.9%
DFB Xmas 2015 challenge #160: £771.35/3000-25.7%
E' Fund Challenge: £70/1000 SPC 2015 #117: £21.47:rotfl:
:dance: Aim to be debt free by April 2018 :dance:
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Comments

  • Puzzcat
    Puzzcat Posts: 4,200 Forumite
    Well done :T
    Christmas 2020 £109
    I love my dmp started in Nov 13 with SC. Self Managed 2016 57% done
    £60062/25384.84 - 13222.60k UE

    MY DIARY
    http://forums.moneysavingexpert.com/showthread.php?t=4768685
  • January2015
    January2015 Posts: 2,369 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    Congratulations - keep up the excellent work :)
    DFW Nerd No. 1484 LBM 07/01/15 Debt was £95k :eek: Now debt free and happy :j
  • twiggy86
    twiggy86 Posts: 2,678 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    Well done!!!:T
    Debt as at 5 June 2023 - £15,600.89
    Current debt - £6,450.00
    Total paid off - £9,150.89 (58% paid off)
  • andyfromotley
    andyfromotley Posts: 2,038 Forumite
    That didn't take long!

    And now the power of the snowball begins!!
    £1000 Emergency fund No90 £1000/1000
    LBM 28/1/15 total debt - [STRIKE]£23,410[/STRIKE] 24/3/16 total debt - £7,298
    !
  • I know. Quite shocked actually. Glad the gratification has come quickly though. Gives me a lot of incentive to get the next one cleared.
    LBM: 10/03/2015 Total debt:£11,742. :mad:
    Extra Payment Every Week 2015 challenge: £179.50/500-35.9%
    DFB Xmas 2015 challenge #160: £771.35/3000-25.7%
    E' Fund Challenge: £70/1000 SPC 2015 #117: £21.47:rotfl:
    :dance: Aim to be debt free by April 2018 :dance:
  • Pollygarter
    Pollygarter Posts: 248 Forumite
    Well done you...hoping to get my first one done soon but likely to be next month.

    Keep at it!
    Total debt at 18.9.17 £1950

    Debts down £12,700 high in Feb 2015, £10,700 April 15, £8830 May 15, £6776 June 15 , £5857 July 15 £6970 1.3.16
    £3950 15 May 2017 £3470 July 17 £2650 21.8.17
  • andyfromotley
    andyfromotley Posts: 2,038 Forumite
    I know. Quite shocked actually. Glad the gratification has come quickly though. Gives me a lot of incentive to get the next one cleared.

    Thats interesting. Dave Ramsey says to pay off your debts smallest to largest irrespective of interest rates for that very reason.
    £1000 Emergency fund No90 £1000/1000
    LBM 28/1/15 total debt - [STRIKE]£23,410[/STRIKE] 24/3/16 total debt - £7,298
    !
  • sexyshark
    sexyshark Posts: 298 Forumite
    feels good doesn't it, I have paid off 2 creditors last friday and 4 more will be going on wednesday
    Sealed pot member 095 SPC No 7 £578.32
    sealed pot No 8 Target £750 TOTAL £1059.86:j
    sealed pot no 9 Target £1200 TOTAL £1073.38:cool:
    sealed pot no 10 Target £1200 TOTAL £1209
    sealed pot No 11 target £1250 total £TBC
  • katy_ann
    katy_ann Posts: 1,094 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Well done! Its a great feeling isn't it! :)
    Debt free once - Back again | Current debt: £2479.50 - January 2025 | Make £2025 in 2025 #11 - £41/£2025
  • Bobarella
    Bobarella Posts: 10,824 Forumite
    Savvy Shopper! I've been Money Tipped!
    Congratulations! That's great.
    " Your vibe attracts your tribe":D

    Debt neutral :) 27/03/17 from £40k:eek: in the hole 2012.
    Roadkill 17 £56.58 2016-£62.28 2015- £84.20)
    RYSAW17 £1900 2016 £2,535.16 2015 £1027.20
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