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Pay ALL your debt off by Xmas 2017

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Comments

  • I'd like to join please.
    I've had a very expensive year.
    My debt is the highest it's ever been
    My credit card total is £3500
    My car is around £10,500
    I'm currently paying a tax credit over payment of around £500
    And my catalogue is £1040

    12 payments to my car will pay off £2592
    I also will pay off tax credits before the end of the year (2017)
    And hope to pay off my credit card and catalogue.
    This is a total aim of £7132 + the tax credit over payment.

    It will be tough but I hope I can achieve it .
    Debt free before Xmas 17 #69
    Cc 3500 / 200
    Cat 1040 / 40
    Car 2592 / 217
    Total 7132 / 457 + taxcredits 81.14p/ 30
  • #63 - £120.48/£1300.00
    Current debt - £6072.98
    MFW 1% Challenge 2020 - £0/£1472
  • Thanks Muppets,

    My total for the year is #03 at £18927.72 I just realized that it is up from last year but that's not too bad considering what I have done in the past year. Now it's time to knuckle down and get it sorted. Good luck everyone in the challenge ahead.
    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%
  • lynneee
    lynneee Posts: 877 Forumite
    Part of the Furniture 500 Posts Name Dropper
    edited 29 December 2016 at 2:27PM
    I was on last years challenge and cleared half of my debt - was hoping for a little more but some large house expenses got in the way sadly. (new bathroom, roof leak...)
    So I'd like to join again please (not bothered if I dont have the same number)
    So this year will be my year!
    Im not sure of my exact totals at the moment but I believe it to be about £3200 debt left to clear off.
    Will update in the next few days when me and hubby sit down together and go through everything :)
    mortgage £800 overpayment 2022. £600/£2400 2023 🙂 savings £1853/£1800 😊
  • Megano
    Megano Posts: 324 Forumite
    036) Morning Everyone! (afternoon even!)
    Just reporting a small payment of £1.20 as rounding down my bank account
    Virgin Money £0/£1445
    TSB £0/£659.53
    BOM £0/£1480
    Tesco £8.36/£4647.26
    Total £8.36/£8231.79 0.101%
  • I'd like to join please. A complete newbie to these challenges but now we don't have my income, I need to learn to be more thrifty and get things paid off.

    My outstanding debt is £897.74.

    Thanks.
  • Hi new member, can i join with £2500 please
    PAYDBX 2017 #073 2571/£2500
    EF #220 460/£1000
    MFW dec 12 [STRIKE]£97000[/STRIKE] jan 18 £86973
  • XSpender
    XSpender Posts: 3,811 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi

    Can I join in this year please?

    We moved in the middle of 2016 and the work on the house has meant that we have racked up some debts. We are both committed to a frugal year and have set ourselves a challenging debt reduction of £20,000 :eek

    Could I have number 99 please?

    Quick question, do you count the amount you pay off each month net of interest or the payments you make?

    Thanks :)
    Save £10,500 - £2673.77 - 25.5%
    Pay off £7000 - £1743 - 19.4%
    Make £2021 extra income - £99.75
  • IrishRose12
    IrishRose12 Posts: 1,788 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 29 December 2016 at 8:16PM
    muppets wrote: »
    Afternoon misselvis and welcome back. #107 it is for you again this year. x


    Afternoon IrishRose12 and welcome back. #57 it is for you this year. I updated last years spreadsheet to show you clear your target for last year. x

    Thanks very much muppets :)

    Hopefully can clear this one sooner with no hiccups along the way.

    Starting off the mark with £70/£1,500
    Pay all debt off by Christmas 2025 £815.45/£3,000£1 a day challenge 2025 - £180/£730 Declutter a bag a week in 2025 11/52Lose 25lb - 10/25lbs Read 1 book per week - 5/52Pay off credit card debt 18%/100%
  • Pips_Mum
    Pips_Mum Posts: 2,893 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Hello!

    Please could I join in? Whilst I would love to clear al my debt this year I really don't think it's achievable as my OH has just had to leave his job and is now more than likely going to be setting up his own business.

    I would love to clear my Tesco credit card debt, it's been kicking around at more or less the same amount for about 4 years and I am fed up of it. So my aim is to pay off the £2,280 that it currently stands at.

    Good Luck everyone x x
    Debt at LBM [strike]£17,544[/strike] :eek: £5700
    :TOver £14,000 PAID OFF :T

    2020 the year of less - Less debt, less waste, less spending, less stuff, less stress!
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