We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

The MSE Forum Team would like to wish you all a very Happy New Year. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

Pay ALL your debt off by Xmas 2018

1…117118120122123…203

Comments

  • swimminginaseaofdebt
    swimminginaseaofdebt Posts: 942 Forumite
    Seventh Anniversary 500 Posts
    edited 20 May 2018 at 6:56AM
    Morning everyone,

    I settled one of my accounts with a 65% discount so #150s updated total is £4149.05/£2018.

    I've still got 3 credit cards to pay off so I'll keep going with the challenge but I'm not going to set a new target as I also need to rebuild my emergency fund (used it settle the said account) which will take priority.
    VSPC 2019 #10 - £168.80/£100 VSPC 2020 #4 - £262.03/£200 VSPC 2021 #9 - £242.88/£200 VSPC 2022 #3 - £188.03/£200 VSPC 2023 #7 - £0/£200
  • LionessInWinter
    LionessInWinter Posts: 437 Forumite
    #9 checking in to say, we finally did it :j, £5600 paid out of £5600

    That's only the amount this year, the highest was somewhere in the upper to mid £30k a few years ago. After countless years going up and down in debt but never getting that far, it's done, and we even have some savings. We are in our mid/late 40s and really need to concentrate on increasing our savings

    Thank you all, especially muppets, for running this thread the last few years. I don't post much but I do read often. Best of luck to all of you
  • fire-wannabe
    fire-wannabe Posts: 105 Forumite
    Seventh Anniversary 100 Posts
    #46 with a payment of £10.32 please Muppets.....house renovations mean I have fallen behind schedule but whilst trying to pay all these other things this debt, which I am treating seperately, has backtracked a bit in the priority list.....slow and steady does it though :-)
  • AdventureWanted
    AdventureWanted Posts: 1,474 Forumite
    Eighth Anniversary 1,000 Posts Photogenic Name Dropper
    #29 checking in with £6,426.60 / £12,500
    LBM Aug 2017.
    Debt at LBM - £30,055
    Debt at highest - £43,148.59
    Current debt - £18,880.00
    EF - £1,000.00

    Challenges
    PAYDBX 2021 - #29 Pd £2,355 / £8,000 PAYDBX 2020 - Pd £6,459.00 | PAYDBX 2019 - Pd £16,945.60 | PAYDBX 2018 - Pd £15,010.60.
  • LLM2018
    LLM2018 Posts: 194 Forumite
    Sixth Anniversary 100 Posts Combo Breaker Uniform Washer
    #78 checking in.

    Total so far is now £569/2494 paid which is 22.81% I believe.
    When life throws you a curveball, learn to catch it and throw it back! Feb Grocery Challenge/£100
  • Chappie77
    Chappie77 Posts: 191 Forumite
    Ninth Anniversary 100 Posts Photogenic Combo Breaker
    A quick check-in as I have been so busy lately...

    #67 - £780.19 paid = £2959.75/£7268.47

    Chappie x
    PAD - Barclayloan - £3078.32/£3758.32

    January 2022 Grocery Challenge - £600

    Saving for Christmas 2022 - #33 - £1 a day Challenge - £10/£365

    Virtual Sealed Pot Challenge 2022 - £8.55/£500
  • Megano
    Megano Posts: 324 Forumite
    036 with a quick update!

    I FINALLY passed my driving test and Im getting a new car. With the insurance and everything I'm going to be £230 down a month so Im a little bit at the panic stations but it will be worth it.

    So Im not 100% sure Im going to be debt free this year but Im going to give it a good bash.

    Payment of £34.14 made :)
    Virgin Money £0/£1445
    TSB £0/£659.53
    BOM £0/£1480
    Tesco £8.36/£4647.26
    Total £8.36/£8231.79 0.101%
  • sunshine81
    sunshine81 Posts: 1,485 Forumite
    Seventh Anniversary 1,000 Posts Combo Breaker
    #145 £8838.56 / £19261 (45.89%)
  • spudsmum
    spudsmum Posts: 584 Forumite
    Fifth Anniversary 500 Posts Name Dropper Combo Breaker
    spudsmum wrote: »
    Another £13 to MBNA

    #22 now at £812.50/£5000

    Another £10.50 to MBNA

    #22 now at £823.00/£5000
    Total debts £21050! :eek: now £10941. 76. Total extra income made in Jan22 £109. 27 Feb 22 £45.25 Total extra income made in 2022 £154.52 Aiming for debt free at 45 - 41 months to go!
  • spudsmum
    spudsmum Posts: 584 Forumite
    Fifth Anniversary 500 Posts Name Dropper Combo Breaker
    spudsmum wrote: »
    Another £10.50 to MBNA

    #22 now at £823.00/£5000

    Another £17.50 to MBNA

    #22 now at £840.50/£5000
    Total debts £21050! :eek: now £10941. 76. Total extra income made in Jan22 £109. 27 Feb 22 £45.25 Total extra income made in 2022 £154.52 Aiming for debt free at 45 - 41 months to go!
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.8K Spending & Discounts
  • 246.1K Work, Benefits & Business
  • 602.2K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 260K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture