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Pay ALL your debt off by Xmas 2021

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  • #103 final update - £15,891/£15,000
    Pay your debts off by Xmas 22 #TBC - £0/15k
    Pay your debts off by Xmas 21 #103 - £15,891/15k
  • dg1019
    dg1019 Posts: 967 Forumite
    Fifth Anniversary 500 Posts Name Dropper Photogenic
    Another £17.47 paid since last update so final total is:

    #3 £3620 / £11320 (31.98%)

    Congratulations to those who became debtfree this year and well done everyone that made progress on their debt busting journey. 
    Tesco 4163.90 (-86.00 since 01/01/23)
    First Direct 2437.49 (-153.09 since 01/01/23)
    Halifax 2391.37 (-55.70 since 01/01/23)
    MBNA 1577.00 (-78.00 since 01/01/23)
    Virgin 786.66 (-25.00 since 01/01/23)
    Overdraft 500.00 (-0 since 01/01/23)
    Spending CC 4538.34 (+521.24 since 10/01/23)
  • I’m looking into all of the suggestions easily accessible money that isn’t too accessible. It’s really just about will power and being sensible- doomed. 
    DF by 2023 No 17 £1,644 /£6000 Total debt £18,000 at the start of DFW Journey. 201814TH JULY 2021 DEBT FREE now in control365 1p challenge No 49
  • Good Evening

    Final update

    #40  £11969.07 / £14258     

    Didnt quite make it but not tood far off - would have got there had we not needed a new boiler in January 2021

    Congrats to everyone who managed to reduce or pay off their debt and good luck carrying on the journey...  I shall try again next year


    DFD December November 2025 

    £59242.78       31-12-2021 
    £38177.49      01-01-2024
    £36850.00      01-02-2024
    £34216.82       07/03/2024
    £32160.49      28/05/2024
    £29225.77     27/08/2024

     (Going Down one pence at a time )
    Paid To Date:   £30,017.01
    Paid in 2024:     £8951.72
  • mark55man
    mark55man Posts: 8,209 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi muppets, #26 reporting back at the end of Dec-21

    I have now have completely cleared my target of £12299.

    Percentage repaid is 100%

    I have also cleared this months day to day spending on the soon to be disused CC so I enter 2022 with no CC debt at all.  Thank you all for all your help and support 
    I think I saw you in an ice cream parlour
    Drinking milk shakes, cold and long
    Smiling and waving and looking so fine
  • Jrcoal5
    Jrcoal5 Posts: 647 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    Final payment made of £30 #155 I’ll update totals in a sec 
    Pay off debt by Xmas 2023 #23
    paid £7112/£7800-**DEBT FREE April 2024**

    My debt free diary https://forums.moneysavingexpert.com/discussion/6436651/clearing-my-debt-after-25-years#latest

    £9400 saved for emergency fund 

  • Jrcoal5
    Jrcoal5 Posts: 647 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    £4922/6200 #155 well done everyone see you on 2022 😀
    Pay off debt by Xmas 2023 #23
    paid £7112/£7800-**DEBT FREE April 2024**

    My debt free diary https://forums.moneysavingexpert.com/discussion/6436651/clearing-my-debt-after-25-years#latest

    £9400 saved for emergency fund 

  • GingerWarrior
    GingerWarrior Posts: 267 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 2 January 2022 at 9:43AM
    Paid the following this month...

    08/04 - £150
    23/04 - £750

    Have expenditure coming out to fix the car after someone ran into and failed to claim fault. Trying not to go via insurance but will see

    #39 - £4,751.06 / £7,147.80

    Ok, I’ve not been on the forums since April (home and work life got in the way)…

    10/05 - £150
    10/06 - £150
    12/07 - £150
    09/08 - £150
    09/09 - £150
    16/09 - £900
    11/10 - £150
    11/11 - £150
    10/12 - £150

    This has reduced my CC debt to £296.74.

    I have today paid this final payment off and that will clear this CC off. I’ll use this for my 2022 goal.

    #39 £6,851.06 / £7,147.80

    2021
    DFW 2021 - £6,851.06 / £7,147.80 (95.85%)

    2022
    DFW 2022 - £2,169.99 / £2,169.99 (100%)

    2023
    DFW 2023 - £0,00 / £2,207.83 (0.00%)

    Tilly Tidy 2022 - Jan £23.71 - Feb £73.75 - Mar £95.30 (Q1 savings used on holiday spending money) - Apr £68.90 - May £32.26 & Chase Roundup £392.63

    Debts (as at 03/10/2022)
    M&S Loan - £0.00 (cleared 28/02/22 - £4285.37)
    MBNA C/C - £0.00 (cleared 02/01/22)
    Lloyds C/C - £0.00 (cleared 03/10/22)

  • muppets
    muppets Posts: 1,476 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    lcc86 said:
    Paid my final £174 a few days ago so I am clear of personal debt  :D sadly I still have some money on my credit card for my car insurance claim, I am going through the legal process for that and it should all be reimbursed so I don't really "count" it. Everyone should be really proud of whatever they've paid off, this was a great thread for me that kept me accountable every month.
    Congrats 🎉
    PAYDBX 2020 - #01 Pd £15,029.29 / £13,140.66 - 114% 🎉

    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 126,846.35/ 271,495.07 46.72%[ MF was Aug 2038 now Sept 2035 😲
  • muppets
    muppets Posts: 1,476 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    atti said:
    I've been terrible at posting here but I managed to clear the lot with a few days to spare.  Since I last posted I paid off £1468.55 bringing me to

    #18 3429.33/3429.33

    Whilst I was more of an absentee member than not, being part of this challenge was always in the back of my mind and each time I paid a bit more off I thought 'must update thread'.  So perhaps now I've cleared my debt my new challenge can be to actually actively post on challenges I'm involved in!!


    Wahoo  congrats 🎉
    PAYDBX 2020 - #01 Pd £15,029.29 / £13,140.66 - 114% 🎉

    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 126,846.35/ 271,495.07 46.72%[ MF was Aug 2038 now Sept 2035 😲
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