Pay ALL your debt off by Xmas 2019

debtfree2019

I've finally got rid of my flaming Capital One account. Oh, it feels so good! :j
My next aim is to clear the On Stride loan - hopefully get that cleared by Xmas.



:beer:

dreamingofmoney

Another plodder here, also not posted for a while, apologies for that. Have still been tackling debts but just not got round to posting, anyway updated figures are No.82 £7704.90/£13000
Many thanks

[Deleted User]

Bit the bullet and sent £10 to my CC to round it down to £1,800. Would have loved to send more to take it into the next hundred marker but will have to wait until after payday

So I’m now sitting at £2,361 paid off, inching closer!

#04 - £2,361.28 / £4,161

abba1772

Morning :hello:

Sent £9.74 towards my very account

This will be the last payment til Friday as skinto

Brings my total to £7732.74 / £10000

xebruary

Some good news and bad news this month.

Bad news: I was very naughty and opened a PayPal credit account. I've put a £113 ferry ticket on it which will be interest-free over the next four months.

Good news: I have cleared the last of the MBNA account with a 5p payment, and ramped up the payments on the Tesco account with another £81 paid. My savings account matured and gave me £40 of interest.

Coupled with the first £30 paid off the PayPal, this means:

#173 Paid £111.05 = £2,781.18 / £5,913

Whatshername

Last £250 paid this morning so I am now officially debt free :money::j:j:beer:
I am so thrilled as I haven't been in this position for at least 16 years whoop whoop.

Thank you to all you lovely people for inspiration and motivation along the way. Xxxxx

mark55man

well done, what an achievement - + you are even more up than debt free, what with your savers and sealed pots

arc_cutter

Hi all,

Not updated for a few months too many things going on kept on top of the payments. Since last update #03 with a payments of £750.00.

MaggieMcV

Hi, I know its a bit late in the year but can I join you all? Had a LBM a few days ago and have had a complete change of mindset re: spending so I guess that's a good start. Outstanding debt currently stands at 24,000 but is all in one place with a relatively low rate of interest (about 3.5%).

I've changed phone/broadband supplier and saved nearly £20 a month, have already reduced gas/elec by lecturing teenagers and banning baths (which should also have a positive knock-on regarding horrendous water rates). I sent back my car which was on PCP and bought a cheap run-around and am doing a car boot sale to get rid of a load of stuff this weekend. I've also signed up to a cash-back card which gives money back on my weekly shopping bill (only 2.5% but every little helps right?). Fortunately I'm in a position to do overtime too, so I'm planning to do at least 2 extra shifts a month which should be sustainable without killing me off.

Obviously I'm not going to shift the debt by Christmas but I'm going to set myself a tentative £2,000 target. I'm hoping that getting it all down on here and belonging to the group will keep me motivated when it all becomes a little less exciting!

Long term I'd like to clear the lot within 4 years...

Steameh

Welcome MaggieMcV.

Looks like you're making the right changes to get this sorted...

I always find checking back in here to look at your progress, or even paying a small amount towards the debt helps keep things positive.