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Pay ALL your debt off by Xmas 2018

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Comments

  • Lisaellie1
    Lisaellie1 Posts: 20 Forumite
    edited 18 July 2018 at 10:05PM
    £4,000 /£12,000
  • FrankieM
    FrankieM Posts: 2,454 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I've worked out that I won't get my debt paid off by Christmas but I will have it paid off this time next year.

    It's a loan and I will have paid it off in 2 years instead of 5, so I'm pretty pleased with that.

    Of course that's assuming everything goes to plan.

    It does mean that if there's a thread next year, I'll be joining it. :)
  • mossy
    mossy Posts: 1,263 Forumite
    Part of the Furniture Combo Breaker
    Morning all, paid £100 off the cc yesterday, which leaves £1290. I would like to pay another chunk off but I've been so busy that the normal monthly finances have been neglected and who knows how bad it is in that account....really need to go through it and get it all up to date. :o

    New figures:

    #123 £640/£1930 33%
    Saving for Disney again, oops why book one Disney holiday when you can book two!
    :starmod: Emergency Fund Savings - #148 - £10/£1000 1% :starmod:
    :xmastree:#083 SPC6 £63 - SPC7 £90 - SPC8 £63 - SPC9 £54 - SPC10 £26 - SPC12 £70 :xmastree:
  • spudsmum
    spudsmum Posts: 584 Forumite
    Fifth Anniversary 500 Posts Name Dropper Combo Breaker
    spudsmum wrote: »
    Another 26.50 to MBNA

    #22 now at £1233/£5000

    Another £30 to MBNA

    #22 now at £1263/£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!
  • sunshine81
    sunshine81 Posts: 1,485 Forumite
    Seventh Anniversary 1,000 Posts Combo Breaker
    #145 £11,057.18 / £19,261 (57.52%)
  • motivated
    motivated Posts: 3,044 Forumite
    Part of the Furniture 1,000 Posts Photogenic PPI Party Pooper
    # 31 currently at £3,934.52/£5.000
    Emptying my lake with a teaspoon
  • mossy
    mossy Posts: 1,263 Forumite
    Part of the Furniture Combo Breaker
    Just been paid so making a payment, also remortgaged and so I'm using the extra amount saved from that to clear the ccard before using it to overpay on the mortgage.

    Paid £240 off. Slowly slowly catchy monkey. ;)

    Current balance #123 £880/£1930 45%
    Saving for Disney again, oops why book one Disney holiday when you can book two!
    :starmod: Emergency Fund Savings - #148 - £10/£1000 1% :starmod:
    :xmastree:#083 SPC6 £63 - SPC7 £90 - SPC8 £63 - SPC9 £54 - SPC10 £26 - SPC12 £70 :xmastree:
  • muppets
    muppets Posts: 1,476 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    B17c wrote: »
    I realise I'm a little bit late with this but may I join please? I think the whole debt is not feasible in 6 months so I'll do the 2 cards with the highest minimum payment, Aqua and Marbles, so £5600 please, and start the new thread in December for 2019! :beer:
    Welcome B17c, Sorry it's taken so long to add you, work went crazy.

    You are number 126
    PAYDBX 2020 - #01 Pd £15,029.29 / £13,140.66 - 114% 🎉

    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 126,846.35/ 271,495.07 46.72%[ MF was Aug 2038 now Sept 2035 😲
  • muppets
    muppets Posts: 1,476 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    greent wrote: »
    Further payment made this month of £459.52, so total paid this month now is £5049.92 - meaning YTD total is £18918.90/ £18918.90 (100%) for #15


    Now Debt free!!! :j:j:j


    Running update:

    (OH) VW 9580 - repay all/ June paid 0/ YTD Paid 9580 :j
    (me) HMRC 565.40 - repay all / June Paid 0/ YTD paid 565.40 :j
    (OH) PO CC 3339 - repay all / June Paid 0/ YTD paid £3339 (100%) :j
    (me) Hlfx CC 5209.98 - repay all / June Paid 4825/ YTD paid £5209.98 (100%) :j
    (jt) Tax Cr 224.52 - repay all / June paid 224.52/ YTD paid 224.52 (100%) :j
    Totals: 18918.90 / Mth paid £5049.92/ YTD paid 18918.90(100%)

    Whoop! I did it! :j
    CONGRATS ON BEING DEBT FREE :j:j:j
    PAYDBX 2020 - #01 Pd £15,029.29 / £13,140.66 - 114% 🎉

    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 126,846.35/ 271,495.07 46.72%[ MF was Aug 2038 now Sept 2035 😲
  • muppets
    muppets Posts: 1,476 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    UPDATE FOR JUNE
    We paid off £27,034.81 :beer:
    We have 1 new members sign up :T:T:T

    1 members have become DEBT FREE or Smashed their 2018 target. :j:j
    PAYDBX 2020 - #01 Pd £15,029.29 / £13,140.66 - 114% 🎉

    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 126,846.35/ 271,495.07 46.72%[ MF was Aug 2038 now Sept 2035 😲
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