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Pay ALL your debt off by Xmas 2020

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  • Please may I join in?
    I want to clear £6350... not sure if I can do it but I want to give it a good go!
    Quite excited :j
    Stepchange dmp £6350
    Debt free date jul 2021

    Emergency fund needs refuelling!

    Aiming for a debt free stress free life with some money in the bank!
  • Hi everyone I'd like to join in please.
    We would like to buy a new car, but I've decided to tie up all the loose ends before we go ahead. So with a little finance left on sofa etc holiday to pay for and the remainder of a loan. I am in for:
    3403.23
  • Hi
    Am I ok joining in this challenge I was previously #82 I would like to pay off £5000. This will see me debt free it will have taken me 6 years to clear just over £34000..
    Many thanks
    Dreamer xx
    Jan 2025 £26561.43/£0. I want to clear £9000 this year (2025)
  • Can I join the challenge please?
    My target is £6327.90

    Every year I try and tackle it but often get myself into further debt or use every penny. I need to clear this so that I can move forward in life. This is only including the credit card and overdraft debt. It is costing me £30 a month in fees at the moment but my credit card will start charging interest in summer. The more i can clear the better before then.
    Declutter 2020 - 267/2020 :j
    PAYDBX 2020 £4933.65/£11,384.65 :T
    365 Saving challenge #37 £50/£671.61
  • Living_a_good_life
    Living_a_good_life Posts: 238 Forumite
    Ninth Anniversary 100 Posts Debt-free and Proud!
    edited 3 January 2020 at 3:21PM
    Need to get focused in 2020, have done debt free a few years ago but currently have a car loan (or two, one nearly finished) which I want shot of, a credit card with the wood burner install on 0% and another cc with 500 at 0%. Also a couple of small family loans from when we moved house cos our buyers dropped the price at the 12th hr and we had to plug the gap. Will work out total tomorrow but aiming to clear the lot in 2020 so can hit mortgage for the rest of the decade... Would also like to be a size 8 and find an extra 6 hours per day. For now we will start with debt free.. 😜🎉 Back on track here we come and taking dh, dd & ds along for the ride! 🤣

    Arghhhh and much sadness - just done figures and total is a whopping £12,943.39 :wall: however have paid off £687.29 today so going down which is progress :j
    Debt free on the 28/05/13
  • SSD92
    SSD92 Posts: 38 Forumite
    10 Posts
    edited 31 December 2019 at 3:24PM
    Can I please be put down for £4000.
  • Just made my first payment of 2020 (yes I know it's early but my finances run from 27th-26th each month so I'm always a little ahead lol.)

    #148 - Paid £50/£2,544

    Next payday is the 2nd......starting strong :D Already paid 2% off :D
    Changing my Family's Future!! - Starting again!!!!
    Current Progress -
    Debt - Start date 14/4/25 = £14,880.45
    Savings Goal = £1000 EF - £0/£1000 = 0%
  • Same here, just joined. Pay off cards but always put some on at points over the year. Overall tends to be same by end of year. Hopefully can be helped
  • Ive paid 70 off already!!
    I have joined the January no shop challenge - try and use up by cupboard items first!

    I have regular direct debits for my credit card which i will take off when the payments come out.
    Declutter 2020 - 267/2020 :j
    PAYDBX 2020 £4933.65/£11,384.65 :T
    365 Saving challenge #37 £50/£671.61
  • XSpender
    XSpender Posts: 3,811 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Can I join the challenge please?

    I would like to pay off £10,000 or 28% of my debt and not use my CC to pay for anything in 2020. I am sick of paying some off and then adding to it and my debt has gone up significantly this year.

    I also have £3720 to pay for 2 family holidays in 2020, both on instalments, with 2 payments left on 1 and 10 payments on the other.
    Save £10,500 - £2673.77 - 25.5%
    Pay off £7000 - £1743 - 19.4%
    Make £2021 extra income - £99.75
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