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Pay ALL your debt off by Xmas 2020
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Direct Debit came out yesterday and i made an overpayment today totalling £300.
£3,118.63/ £3,818.63. - £700 to go
LBM Debt Total : £48,326.50
Pay All Your Debt Off By Xmas 2023 - #50 £1,495.29 / £12,000.00
Saving For Christmas 2023 - £1 a day challenge - #6 £100/£1095.003 -
Hi all,
Paid another £50 off.
It's happened, the Mrs is being made redundant. So so close but we've worked out we'll be able to survive 2 years with our savings and redundancy pay. Fingers crossed I keep my job.
Hopefully she'll get another job quickly then we will be able to clear the remaining debt and have a good start to a house deposit.
#134 - £4,235 / £7,985 - 53.04%
EMERGENCY FUND CHALLENGE - £2,292.05 / £6000
DEBT FREE DATE - 16/02/2021
Pay Debt by Xmas 2021 - No.134 - £2,871.64 / £2,871.64 - 100% Paid
Pay Debt by Xmas 2020 - No.134 - Target: £7,985 / Achieved: £5,113.36
Pay Debt by Xmas 2019 - No.134 - Target: £15,985.00 / Achieved: £8,0002 -
Hi all,
Paid £830.26
#134 - £5,065.26 / £7,985 - 63.43%
EMERGENCY FUND CHALLENGE - £2,292.05 / £6000
DEBT FREE DATE - 16/02/2021
Pay Debt by Xmas 2021 - No.134 - £2,871.64 / £2,871.64 - 100% Paid
Pay Debt by Xmas 2020 - No.134 - Target: £7,985 / Achieved: £5,113.36
Pay Debt by Xmas 2019 - No.134 - Target: £15,985.00 / Achieved: £8,0002 -
£79 DD gone out today so now at £291.67/£2000
3 -
fingers crossed another job comes up soonSteameh said:Hi all,
Paid another £50 off.
It's happened, the Mrs is being made redundant. So so close but we've worked out we'll be able to survive 2 years with our savings and redundancy pay. Fingers crossed I keep my job.
Hopefully she'll get another job quickly then we will be able to clear the remaining debt and have a good start to a house deposit.
#134 - £4,235 / £7,985 - 53.04%NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.052 -
Good evening everyone! Hope everyone is well! Please put me down for £6.11 which is my DD payment. It now makes it £410.14/£1000 paid.Number 17-Pay off all your debt by Xmas 2024 Tesco CC £50/£127.95 Debt=39% paid.3
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Trying to sell a few bits and bobs to continue chipping away at it.
Paid £38.01
#134 - £5,103.27 / £7,985 - 63.91%
EMERGENCY FUND CHALLENGE - £2,292.05 / £6000
DEBT FREE DATE - 16/02/2021
Pay Debt by Xmas 2021 - No.134 - £2,871.64 / £2,871.64 - 100% Paid
Pay Debt by Xmas 2020 - No.134 - Target: £7,985 / Achieved: £5,113.36
Pay Debt by Xmas 2019 - No.134 - Target: £15,985.00 / Achieved: £8,0003 -
Paid another £90 off so makes it £3,208.63/ £3,818.63. - £610 to goLBM Debt Total : £48,326.50
Pay All Your Debt Off By Xmas 2023 - #50 £1,495.29 / £12,000.00
Saving For Christmas 2023 - £1 a day challenge - #6 £100/£1095.003 -
Latest Update
Now putting things on Ebay to sell to add to my weekly contributions rather than make monthly payments some how I incrued more interest even though my combined monthly payment was double the minimum? Cant get my head around that - as I paid less interest last month?3935.89/11885 34% trying my best to be positive about clearing this by ChristmasBright note I do have £3000 in savings keeping that in case I loose my job in another lock down
Trying to figure out is it worth making little payments weekly or a big payment when due?
Thanks
NewStarter093 -
#143 I'm debt free!!#46 3 to 6 month Emergency Fund Challenge: £585 to go7
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