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Pay ALL your debt off by Xmas 2020
Comments
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That’s such a good thing to do TT. My smallest is £1200 so not an optionTotal debt £18,000 at the start of DFW Journey. 2018 14TH JULY 2021 DEBT FREE / 2026 trying to stay debt free1
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Thank you! I will say, it started off around that amount, I divided the remaining interest free period into equal blocks and whittled it down bit by bit, I had 2 months left but thought 'sod it' and cleared it.I needed the boost of achieving something I think, daft really as we're all achieving something everytime we make a paymentBlackberrycurved said:That’s such a good thing to do TT. My smallest is £1200 so not an option
Means next month I can put that amount to the next smallest (which is unfortunately the £2500 ish CC balance
) 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 June20200 -
morning
Sent £315.25 towards hubbys barclaycard
brings my total to £4009.79 / £10000
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 £15026.050 -
Done the beginning of the month money shuffle, struggling to remember how to make text a different colour but total below.
# 68 £587.29 paid off so that takes me to £2,319.87/£12,943.39 17.9%
Debt free on the 28/05/130 -
DD gone out, another £100 bites the dust:
#175 = £3100 / £6700
Top effort everyone, keep it up
Pay Off Debts by Xmas 2025 debt £0/74000 -
#005 skinnylatte £6627/£3394 = 39%
Well done everyone
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 27/03/20151 -
Lots of little PAD's today, totalling £142.50 - like the beginning of the month when I have the funds available for that.
So my new total is... £2669.23
Not giving up
Working hard to pay off my debt
Time to take back control
https://forums.moneysavingexpert.com/discussion/6290156/crazy-cat-lady-chapter-5-trying-to-recover-from-the-pandemic/p1?new=12 -
Feeling very motivated!
* cleared the Very account on the 1st [£309.99]
* made a payment towards my daughter's school trip total [£129]
* made a small payment to Barclaycard to make it a round total [£38.15] (still has its direct debit of £150 to come out later this month)
* made a small payment to the Sainsbury's credit card to make it a round total [£37.49] (still has its direct debit of £150 to come out later this month)
Because the 2 credit cards are now round totals, I worked out how much I would need to pay a month on each to have them cleared by Christmas... I discovered that the way we're going at the moment, we can actually just about do it, so I changed the direct debits.
A slightly risky move but now I HAVE to do it. Obviously I can amend them if I've pushed too hard, but I'm determined. It's a ridiculous amount of money a month to put towards credit card debt, and that is what is motivating me.
I could be putting an extra £500/600 a MONTH into savings / onto the mortgage!! Frustrating that we let it get to this, but I'm so grateful to this challenge because otherwise I would have let them sit until their interest free period ended and then transfered them on as we always do.
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 June20203 -
morning
Sent £4.46 towards the hubbys card
brings my total to £4014.25 / £10000NEXT 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 £15026.050 -
Number 11
£2894.48/£13394.48
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