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Pay ALL your debt off by Xmas 2019

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  • mark55man
    mark55man Posts: 8,215 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    #26 previously reported £7970/£8351 in September

    I have saved 3 additional Regular savings = £750
    I have paid off £153 minimum payment
    I have added £1500 for a major car service so not quite done yet

    Therefore reporting in for the end of October 2019 an extra £903 set aside, but £1500 added

    #26 = Money allocated to debt £8873 = £978/£9851 to go estimated clearance (Dec 2019).
    I think I saw you in an ice cream parlour
    Drinking milk shakes, cold and long
    Smiling and waving and looking so fine
  • An extra £10 payment to the CC today - £790 left to go :)
    #04 - £3,371 / £4,161
  • muppets
    muppets Posts: 1,476 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    Sorry I've not been around to update. Will get this finished this week latest.
    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!
    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
    :j:jCongrats: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!
    MaggieMcV wrote: »
    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...


    Welcome you number 211
    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 £16,941.13 :j
    Which is a total of £349,614.75 to date :j
    which is 23.90% of our target:beer:
    We have 211
    members joining us this year :j:j

    We have 8 Debt FREE members this year :beer:


    Will update front page later :A :D
    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!
    ahall3519 wrote: »
    Hello everyone! Please could i join? I'd like to clear my Sainsbury's CC by Xmas!


    Welcome you are number 212
    What would you like your target to be?
    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!
    Cariad21 wrote: »
    WHOOHOO!!!! I'M DEBT FREE!!!!

    Today has been one of those days where decisions needed to be made. I got so carried away and excited by future plans I decided to bite the bullet and pay off the remaining £650. My CC online statement doesn't show it yet but my debt is GONE! :j:j:j:j



    Reading everyone's posts has been a huge factor in getting to this point so thank you everyone and good luck on your own journeys


    #89 £3855.16/3855.16
    :j:jCongrats :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 wrote: »
    Sorry I've not been around to update. Will get this finished this week latest.

    Glad to see you back muppets, you've been missed xx
  • Calling14
    Calling14 Posts: 3,498 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Well done Cariad. Thats amazing:T:T
    LBM 13039 1.1.13 Now £0 Finally Debt FreeMortgage free Oct 2019:)EFund/savings £25000 10/11/22
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