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debt free Christmas?
chester81
Posts: 66 Forumite
This time of the year and specifically this week has always been a real spending black spot for me. Normally I would be spending like crazy through sheer disorganisation and preparation
This year is different. I have used my CC for some online purchased but have set up DD's to clear these. Normally I would have had no repayment plan in mind. I have also managed to keep up with my payments which I am pleased about.
How is everyone doing this month? It's definitely a challenge to not slip back into my old habits. My next hurdle will be the period between Christmas and New Year as this is when I am off work and the sales start!!!!
I am aiming to pay off at least 18k this year so there really is no room for error!!
Hope you are all enjoying the festive season.
This year is different. I have used my CC for some online purchased but have set up DD's to clear these. Normally I would have had no repayment plan in mind. I have also managed to keep up with my payments which I am pleased about.
How is everyone doing this month? It's definitely a challenge to not slip back into my old habits. My next hurdle will be the period between Christmas and New Year as this is when I am off work and the sales start!!!!
I am aiming to pay off at least 18k this year so there really is no room for error!!
Hope you are all enjoying the festive season.
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Comments
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That's such brilliant progress - well done! Good luck with your target to clear your debts too.🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25
Balance as at 31/08/25 = £ 95,450.00. Balance as at 31/12/25 = £ 91,100.00
SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her0 -
Well done Chester.." 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 £1027.200 -
Well done. Well not being debt free I have to keep a lid on my spending. I've spent within my budget on presents and I only have 2 presents left to buy, so I think I've done quite well! Bought no new xmas decs as I didn't need any and I've also bought advanced train tickets for travelling to see my family around the Christmas time too, saving me a lot of money.
Keep up the will power around the sales, I'm going to do the same!0 -
Thanks guys. my battle with the scales is still ongoing but I think I will pick that one up again in January! It can be my new focus - SCALES not sales.0
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Nice one Chester!
I downloaded YNAB in late September, so I had budgeted for Christmas out of that. I was strict, added in my spending as I did it, and this is the first year in I-dont'-know-how-long that I have managed to not go bonkers with it all and end up paying it back by Easter.
It's a good feeling!Natwest OD - Start: £1,500 Current: £1,500 | Creation Loan - Start: £2,152.33 Current: £2,082.90 | Barclaycard CC - Start: £5,242.42 Current: £5,416.45 | Novuna Loan - Start: £8,598.43 Current: £8,366.04 | Tesco CC - Start: £9,420.22 Current: £9,885 | Northridge Car - Start: £15,584 Current: £15,017
Starting total on 02.07.2024 is: £42,497.40 | Current total: £42,267.39 (0.5% paid off)0 -
Hi Chester81, there is a thread in the challenges section called 'debt free by xmas 16'. Why don't you come and join in? You don't have to clear all your debt just set a target for the year. I cleared 25k last year, which is more than I would have done without the challenge and look set to be debt free this year.Debt in 2008 - £97,417 :j*DEBT FREE - SEPTEMBER 2016*:j
#107 - Save £12k in 2017 Challenge - £2,315.22/12000
HOUSE DEPOSIT - £6,499.76/20,0000
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