Pay ALL your debt off by Xmas 2020

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  • TrushTush
    TrushTush Posts: 218 Forumite
    First Anniversary Photogenic Energy Saving Champion Debt-free and Proud!
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    Made a payment to the Very Account and to my daughter's school trip, totalling £314.01

    Total paid off so far £1368.72

    Have we got our numbers yet? Not sure if I've missed it, but hoping to join in anyway :)
    No Spend Days 2020 Jul 24 / 28 Jun 20/25 May 22/25 Apr 20/25 Mar 16/25 Feb 20/20 Jan 20/15
    Clear all Debt in 2020 #97 WE DID IT!! DFD June2020
  • abba1772
    abba1772 Posts: 7,746 Forumite
    First Anniversary Name Dropper First Post Car Insurance Carver!
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    Morning :hello:

    Sent £303.86 towards the Halifax

    Brings my total to £1968.10 / £10000
    NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12
    POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.05
  • hugglemonster
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    Morning, sent an extra payment to the car and also a small payment to credit card so £216.64 paid off today.

    #?? £1086.49/£11,088.31

    H x
  • Isca82
    Isca82 Posts: 19 Forumite
    First Anniversary First Post
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    Morning! Please can I join you in this challenge? We have set ourselves a target of paying off our £5278.40 credit card debt by the end of the year.
    So far this is where we are:

    £301.20/£5278.40
  • Living_a_good_life
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    January was too expensive due to over £800 spent on fixing and servicing hubbys car. To be fair it hasn't cost much to this point and it is nearly 10 years old. Have made a few fleabay sales this month and birthday money received has gone in the pot so things are better than they might have been.

    Anyway money has come in from our bosses so have paid off another £1045.29 which is fab. Onwards and upwards (or should that be downwards)?!

    2020 Challenge £1,732.58/£12,943.39 13.4% (£424.65 behind schedule)
    Debt free on the 28/05/13
  • Calling14
    Calling14 Posts: 3,498 Forumite
    Name Dropper First Anniversary Photogenic First Post
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    £100 off for me today. Onwards and upwards after also having expensive car month last month £850. yikes


    #16 £750/ £2600


    LBM 13039 1.1.13 Now £0 Finally Debt FreeMortgage free Oct 2019:)EFund/savings £25000 10/11/22
  • Skinnylatte
    Skinnylatte Posts: 1,243 Forumite
    First Anniversary First Post Debt-free and Proud! Home Insurance Hacker!
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    £130 left over from last month, milage claim and payday means I've paid a big chunk off in the last week :)

    £1539/£6627 23.22%
    Pay off Car Loan £17,047 £10580 by Christmas 2022

    Mortgage 1 @ 23/03/2019 [STRIKE]£101297[/STRIKE]
    £84457 16.6% DI [STRIKE]£6.95[/STRIKE] £6.15
    Mortgage 2 @ 12/04/2015 [STRIKE]£136121[/STRIKE]
    £100,546 26.1
    % DI [STRIKE]£9.13[/STRIKE] £6.07
    1st LBM 02/06/2013 £[STRIKE]21595[/STRIKE] Debt Free Day 27/03/2015

  • 02w0121
    02w0121 Posts: 12 Forumite
    First Anniversary First Post
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    #167 first amount paid off for the year
    £705 / £9573.63
  • Hi Muppets


    First months worth of debt repayments and I've repaid £418.60


    So now at £418.60/£8000


    I will update just the total debt paid of my target once a month as its easier for me to track that way, comparing balances once payments made/interest applied. Should be able to pay more off in February and March as January is always very tough!!







  • Willowtree222
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    Evening,

    Another £389.55 so total is £1185.55/£8000 = 14.8%
    September 2017 Debt = £25330

    Starting afresh.

    You can do anything if you put your mind to it. x
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