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How much have you lowered your debt in the last year?

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Comments

  • Dr_Hook
    Dr_Hook Posts: 509 Forumite
    Part of the Furniture Combo Breaker
    Last November was pre-lightbulb so I don't know how much I owed then :o, but since signing up in here at the end of April I've managed to get my debt down from around £24,900 to around £22,900, so I've paid off a little over £2,000 in 6 months. Quite pleased with that :D
    Proud to be dealing with my debts - DFW Nerd #491
  • cantcope
    cantcope Posts: 1,886 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    So far since January i've paid off £9354 :D
    depending on my bonus from work in december i could well be clear by January *fingers crossed*
    Last bet : 26th Oct 2006:j Debt free 25th Feb 2008:j Living "my" dream:T
  • System
    System Posts: 178,467 Community Admin
    10,000 Posts Photogenic Name Dropper
    One sixth has been cleared. :)
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • £26,000!!!!:eek:


    Almost debt-free, but certainly even with the Banks!
  • oscar52
    oscar52 Posts: 2,272 Forumite
    I haven't really added up properly - but my one year LBM anniversary is coming up end of November - I think, from looking at my credit files etc I will be between £5000 and £6500 - I know this is a broad scope, but I'm expecting some money in the next two - three weeks (hopefully).
    No Longer works for MBNA as of August 2010 - redundancy money will be nice though.

    Proud to be a Friend of Niddy.
    no idea what my nerdnumber is - i am now officially nerd 229, no idea on my debt free date
  • oscar52
    oscar52 Posts: 2,272 Forumite
    sammiboo wrote: »
    tomorrow I am paying a chunk off my debt - 5k so once i have done this I will have about 3k in debt which means in a year and a bit i will have paid off about 11k :)

    you won the lotto??:rotfl:
    No Longer works for MBNA as of August 2010 - redundancy money will be nice though.

    Proud to be a Friend of Niddy.
    no idea what my nerdnumber is - i am now officially nerd 229, no idea on my debt free date
  • taxi73
    taxi73 Posts: 20,815 Forumite
    What an interesting thread...I have paid about £10k off this year so far...the figure at the bottom on my sig is from the last few months..I agreed to somebody elses challenge to pay off £7k by christmas (can't remember who's though)...I'm very happy with what I've achieved as I have been off work for 6 months and have only been back one month...it's all thanks to all the help on this site and living frugally...
  • Maz3374 wrote: »
    Wow!!! An 18k payrise!!! I'd settle for an 18k job!


    lol - i don't think it will happen again in my life! In October i went from a PhD student on £12K to a 'proper job' on £30K :j
  • taxi73 wrote: »
    What an interesting thread...I have paid about £10k off this year so far...the figure at the bottom on my sig is from the last few months..I agreed to somebody elses challenge to pay off £7k by christmas (can't remember who's though)...I'm very happy with what I've achieved as I have been off work for 6 months and have only been back one month...it's all thanks to all the help on this site and living frugally...


    I agree, its really inspiring to see where everyone's hard work goes and makes you realise how this site is improving so many people lives.

    Make my opinion of those responsible for the the recent attacks fall to way beyond pond scum!
  • I have managed to reduce overdafts of £3800 down to £600... I am reducing it now by 100 a month.
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