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Pay ALL your debt off by Xmas 2020

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Comments

  • IvysMom
    IvysMom Posts: 79 Forumite
    Third Anniversary 10 Posts
    Update so far

    1) Emergency Fund £1000 - £520 put in so far - unfortunately this will go down as someone reversed into my car so this will have to go towards the insurance excess, gutted as I was doing so well.
    2) Clear husbands overdraft of £600 - 0 paid to date
    3) Clear Credit Card £2670 (0% so just paying minimum payments until 1 and 2 are complete) - £83.46 paid to date

    £83.46/£3270
  • AdventureWanted
    AdventureWanted Posts: 1,474 Forumite
    Eighth Anniversary 1,000 Posts Photogenic Name Dropper
    #29 checking in. Now at £585.00 / £12,000.
    LBM Aug 2017.
    Debt at LBM - £30,055
    Debt at highest - £43,148.59
    Current debt - £18,880.00
    EF - £1,000.00

    Challenges
    PAYDBX 2021 - #29 Pd £2,355 / £8,000 PAYDBX 2020 - Pd £6,459.00 | PAYDBX 2019 - Pd £16,945.60 | PAYDBX 2018 - Pd £15,010.60.
  • Eyebright
    Eyebright Posts: 1,019 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Cashback Cashier
    I've been really slow out of the gates, it's felt like forever waiting for payday...

    Anyway, £20 payout from Prolific Academy, so I've sent that over to the loan and gets me off the starting mark!

    Eyebright #??? £20/4000

    Which if my maths is correct is a whopping 0.5% :rotfl::rotfl::rotfl:
  • Willowtree222
    Willowtree222 Posts: 8,335 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Eyebright wrote: »
    I've been really slow out of the gates, it's felt like forever waiting for payday...

    Anyway, £20 payout from Prolific Academy, so I've sent that over to the loan and gets me off the starting mark!

    Eyebright #??? £20/4000

    Which if my maths is correct is a whopping 0.5% :rotfl::rotfl::rotfl:

    Slow and steady wins the race! It's a start and any start is great x
    September 2017 Debt = £25330

    Starting afresh.

    You can do anything if you put your mind to it. x
  • Eyebright
    Eyebright Posts: 1,019 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Cashback Cashier
    Nicnak wrote: »
    Slow and steady wins the race! It's a start and any start is great x

    Thanks Nicnak! You are right of course, and I have made progress as I've cleared my OD this month before I joined the challenge. This challenge is keeping me focused on my debts at least!
  • Louoffofsparkle
    Louoffofsparkle Posts: 121 Forumite
    Third Anniversary 100 Posts
    #091 £825 paid
    £1937/£18500
  • Deni_debt-free_dreamer
    Deni_debt-free_dreamer Posts: 1,855 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    HI everyone and happy weekend :)

    Made my first payment and only a little one; going to be minimum payments this month as had a big payment to make to HMRC for self assessment.

    I paid £26 to my CC so my update is below:

    #96 = £26 / £3550

    Deni
    x
    LBM - October 2018; finally debt free on 16 March 2021
    2023 Mortgage Free Wannabee #92023 Mortgage free in March 23 !
    Decluttering Campaign member 2023🏅🏅 🏅⭐️⭐️
    Decluttering Campaign Member 2024 🏅🏅
    Decluttering Campaign Member 2025 ⭐️⭐️
  • debtfree2019
    debtfree2019 Posts: 22 Forumite
    10 Posts First Anniversary
    Morning everyone.


    Just paid off my Onstride debt, so that's a good start to the year. I'm now going to dedicate my time to clearing my Likely Loan. Aiming to have that done by April. Have a lovely weekend :)
    366 Day 1p Challenge 2020 - £13.41 saved
  • jammydodgersandrhl
    jammydodgersandrhl Posts: 94 Forumite
    Part of the Furniture 10 Posts
    Payday yesterday so i've managed to make a large dent into the overdraft - managed to pay £300 off. This brings that particular overdraft down to 250! I'm very proud of myself for sticking with this. I know i'm going to be hit with a lot of interest very soon so my priority is these pesky overdrafts.

    total is now £685.11/£6327.90 which i think is 10%!!
    Declutter 2020 - 267/2020 :j
    PAYDBX 2020 £4933.65/£11,384.65 :T
    365 Saving challenge #37 £50/£671.61
  • Deni_debt-free_dreamer
    Deni_debt-free_dreamer Posts: 1,855 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi all

    Made a payment to my second CC so I can now report

    #96 = £61 / £3550

    Deni
    x
    LBM - October 2018; finally debt free on 16 March 2021
    2023 Mortgage Free Wannabee #92023 Mortgage free in March 23 !
    Decluttering Campaign member 2023🏅🏅 🏅⭐️⭐️
    Decluttering Campaign Member 2024 🏅🏅
    Decluttering Campaign Member 2025 ⭐️⭐️
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