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Pay ALL your debt off by Xmas 2019

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Comments

  • muppets
    muppets Posts: 1,476 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    Weasel82 wrote: »
    Good morning,
    I’d like to join this thread.
    My target is £10 138.
    Thank you.
    Welcome you are # 203 :)


    ElissaJ wrote: »
    Hello all!

    I'd love to be debt free by 27 December 2019 when this challenge ends, as that's my 50th birthday... Please can I join?
    TOTAL DEBT: £4163

    Made up of:
    CC1: 442
    CC2: 1821
    Overdraft: 1900
    Welcome you are # 204 :)
    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!
    Hi everyone. I’m so inspired by you all, I would love to join.

    CC1 £1472.82
    CC2 £1409.22
    CC3 £489.89
    CC4 £497.16
    CC5 £1648.84 0% until2021
    Catalogue £1781.31
    Family £600

    Total £7899.24:eek:

    The absolutely awful thing is that I honestly don’t know what it’s gone on! I’m so cross with myself 😡 Doubt it will paid by Xmas 2019 but I need to make a dent in it!!! I’m so fed up feeling sick 🤢 with worry!

    Could I have an even number please? Thank you.

    Pix
    Xx
    Me again!

    My total doesn’t include interest, do I need to add this on?

    Thanks

    Pix
    Xx
    Welcome you are number 206 :)





    Some members report their figures including interest some don't, it's up to you. If it helps you adding on the interest then i'd say yes do that.
    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!
    CBRe wrote: »
    0/8000

    Want to pay 8000 before Spring bit as much as possible by Christmas
    Got a balance transfer pending to a 0 percent credit card with 3.5 percent transfer fee


    Welcome you are number 205 :)
    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!
    We paid off £44,493.52 :j
    Which is a total of £269, 546.34 to date :j
    which is 17.94% of our target:beer:
    We have 206 members joining us this year :j:j

    We have 5 Debt FREE members this year :beer:



    Will be back later with Junes update :A
    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 😲
  • #91 £350 paid towards my debts this month
  • ElissaJ
    ElissaJ Posts: 9 Forumite
    Thanks Muppets! Reporting back with my shiny new number :)

    #204 - £1,421.20/4163

    CC1: [STRIKE]£442[/STRIKE] PAID
    CC2: [STRIKE]£801.20[/STRIKE] PAID, £900 transferred to CC3, £119.80 remaining
    Overdraft: £1,900 transferred to CC3

    CC3: £2,802 (composed of overdraft, £900 off CC2 and fees, on 0% interest for 23 months)

    Still aiming to pay it all off by Xmas 2019, but once I've paid the £119.80 on CC2 (hopefully before the end of July, if it all goes well) my remaining debt will then all be in one place and not going up, so every penny goes to debt repayment and not interest!
  • muggle200
    muggle200 Posts: 4 Newbie
    edited 7 July 2019 at 10:30AM
    Quick update from me #198


    I've now paid off a total of £10,612 off.


    It's been three months since I started this challenge so I am happy with that.
  • Snoopy14
    Snoopy14 Posts: 26 Forumite
    10 Posts First Anniversary
    Hi,

    Number 152, have paid off another £300. Hopefully I will be able to pay some more before the end of the month, but my car has it's MOT this month, so have kept some money back in case it needs work done to it!!!

    £4521.07/£9127.38 49.53%

    Thanks.
  • sunshine81
    sunshine81 Posts: 1,485 Forumite
    Seventh Anniversary 1,000 Posts Combo Breaker
    #145 here....

    Been absent a while.

    Made some mistakes.

    Will recalculate and update tonight, and see what I can do with the last 6 months of the year...
  • IrishRose12
    IrishRose12 Posts: 1,788 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    #57 here......

    Hi guys, I've been MIA for a few months now as things just got on top of me and I haven't been in a good place :(
    A few unplanned things happened that I've had to take out an extra loan to cover costs, unfortunately they were things that could not have waited so had to be done :(

    I've sat down this morning after deciding last night that enough was enough and I need to get back on track and get myself back to the right frame of mind where I am happy and comfortable again.
    So this morning I have looked over the figures again, and TBH I'm happy to find that even though extra loans etc had to be taken out, I'm actually under my original target from January which was £3,500. :T

    So I'm checking in as paid of £342/£3,500
    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%
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