Pay ALL Your Debt Off By Xmas 2022!

IrishRose12

Blackberrycurved said:

I think we are in exceptional times Irish Rose and others you have all been chipping away and if you haven't paid it off at least mostly you've not increased it so a pat on the back all round. I haven't been around for ages who updates the spreadsheet these days and when is it done? Yes, I am also looking at next year and how to tighten my belt. 

It seems the same thing the past few years now I've tried this challenge, the shett gets update up until about February or March then nothing else gets done to it, I managed to pay a total of £1,376 off my debt this year, whicj I was chuffed about but of course I've probably spent it in other ways for bills etc.  But at least it's still about the same and not more. 

I'm looking on the forums for ideas/challenges I can start myself to try and give myself the push I need.  

ahall3519

Good evening everyone! Hope everyone is well! Please put me down for £12 to the usual CC which now makes it £901.40/£1076.64 paid. 

I think everyone has been doing really well...yes we may not clear out debt but everyone is taking the step towards it!

LittleMissDetermined

IrishRose12 said:

Blackberrycurved said:

I think we are in exceptional times Irish Rose and others you have all been chipping away and if you haven't paid it off at least mostly you've not increased it so a pat on the back all round. I haven't been around for ages who updates the spreadsheet these days and when is it done? Yes, I am also looking at next year and how to tighten my belt. 

It seems the same thing the past few years now I've tried this challenge, the shett gets update up until about February or March then nothing else gets done to it, I managed to pay a total of £1,376 off my debt this year, whicj I was chuffed about but of course I've probably spent it in other ways for bills etc.  But at least it's still about the same and not more. 

I'm looking on the forums for ideas/challenges I can start myself to try and give myself the push I need.  

Yeah the spreadsheet hasn't been updated since about March time. This is the first one I have done so I was expecting it to be updated monthly. But I have been keeping a track of my own on my budgeting spreadsheet so it's not so bad for me. 

Unfortunately I won't be clearing all my debt before this Christmas but I hope it's the last Christmas that I will be in debt!  Times have been hard and 2022 has really sucked with the cost of living crisis. I think if you can manage to live on what you earn these days and not adding to debt it's a good result.
LMD x

Blackberrycurved

Well the spreadsheet used to updated monthly by Muppets. I think next year it should be updated because the motivation for me was seeing it up there in black and white. The problem is that if everyone posts monthly it’s okay but people started posted daily and then it becomes a massive job for someone to go through all the posts particularly if people don’t update their signature. I’m happy to take it over from muppets next year if one other person will offer to help if I’m out of the country which happens sometimes. It’s also most used when people help by suggesting ways to save I became debt free that way. 

DrCarrie

#33 Declaring £8514/8514 - debt paid.

I am so delighted, I didn't think I would do it, but here I am...serious saving starts December payday. 

It's been an iterative process of spending less, earning more, spending less and earning more. 

Keep going everyone. 🎄

LittleMissDetermined

DrCarrie said:

#33 Declaring £8514/8514 - debt paid.

I am so delighted, I didn't think I would do it, but here I am...serious saving starts December payday. 

It's been an iterative process of spending less, earning more, spending less and earning more. 

Keep going everyone. 🎄

Well done! It must be a great feeling knowing that you don't owe anymore   Will you continue your reduced spending so that you can bolster savings? 
LMD x

DrCarrie

LittleMissDetermined said:

DrCarrie said:

#33 Declaring £8514/8514 - debt paid.

I am so delighted, I didn't think I would do it, but here I am...serious saving starts December payday. 

It's been an iterative process of spending less, earning more, spending less and earning more. 

Keep going everyone. 🎄

Well done! It must be a great feeling knowing that you don't owe anymore   Will you continue your reduced spending so that you can bolster savings? 
LMD x

Very much so LMD, I am already on the MFW diary - saving to get a deposit > buy house...etc.

SuperSavingD

DrCarrie said:

#33 Declaring £8514/8514 - debt paid.

I am so delighted, I didn't think I would do it, but here I am...serious saving starts December payday. 

It's been an iterative process of spending less, earning more, spending less and earning more. 

Keep going everyone. 🎄

Many congratulations, enjoy being debt free 🎉🍾

FreedomBringsPeace

@DrCarrie well done! Weight off your shoulders. Treat yourself/ celebrate your milestone x

DrCarrie

Many thanks, everyone...good luck on your onward journeys.