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PAY ALL YOUR DEBT OFF BY XMAS 2023

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shell16
shell16 Posts: 1,354 Forumite
Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
edited 28 December 2023 at 10:35AM in Debt-free wannabe challenges
Welcome to Pay ALL Your Debt Off By Xmas 2023

Firstly I would like to welcome all new and existing members from last years thread (New numbers will be allocated for 2023).

Anyone is welcome to join this challenge and it is NEVER too late. There is also no amount of money too small or too large that will stop you from joining this challenge. We have several members who will be on their debt journey for several years to come, but they are part of this thread to pay off a fixed amount of their debt as the support on here is fantastic! 
So, if you think you can pay off all your debts by the end of the year or have a goal to pay off a certain amount then please join in!  You do not need to pay off that target, but having a target to aim for is a good thing!  Whatever you manage to pay is a plus!

This challenge runs until 25th December 2023 - PLEASE DECLARE YOUR FINAL TOTALS BY THIS DATE

To help me run this thread easily, could you please all post your challenge number - Payments/Targets for example

#6 - £1000/£5000 


Posting any other way may result in your amounts not being updated or updated incorrectly. 
By the way, don't worry about working out your % paid as I can do that for you!

I will aim to update at least weekly. GOOD LUCK TO ALL!

Monthly Totals

January  - £24471.10
February - £56097.28 (+ £31626.18)
March - £84,413.99 (+£28316.71)
April - £102,479.78 (+£18065.79)
May - £120,779.88 (+£18300.10)
June - £139,891.55 (+£19111.67)
July - £156,707.90 (+£16816.35)
August - £164,364.02 (+£7656.12)
September - £170,768.74 (+£6402.72)
October - £184,818.78 (+£14050.04)
November - £188,792.96 (+£3974.18)
December - £191,991.87 (+£3198.91)

Shell x
                                                                                         

 Debt Free - 04/03/23.  Total LBM August 2021 £15410.70

«13456783

Comments

  • Thanks @shell16

    I'm number 212-please put me down for £2.50 to the usual CC which now makes it £926.90/£1076.64 paid. 


    Number 17-Pay off all your debt by Xmas 2024 Tesco CC £50/£127.95 Debt=39% paid.
  • shell16
    shell16 Posts: 1,354 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 28 December 2022 at 6:01PM
    @ahall3519 you are now number2. 😊 This thread has restarted from today so I will note £2.50. What is your target for 2023?
                                                                                             

     Debt Free - 04/03/23.  Total LBM August 2021 £15410.70

  • AntoMac
    AntoMac Posts: 2,683 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    Thanks @shell16
    I was #35 but happy to take a new number/whatever is easier.
    Please put me down for £5800 for 2023. Thanks 
    27/5/17 Mort 64705 BTs 1904031/12/17 Mort 59815 BT 1673007/04/20 Mort 49208 BT 1572128/07/20 Mort 47387 BT 1263414/11/20 Mort 45905 BT 10134 20/05/21 Mort 42335 BT 686811/08/22 Mort 32050 BT 2915Sealed Pot Challenge 16 Number 5
  • bekah89
    bekah89 Posts: 421 Forumite
    Third Anniversary 100 Posts Name Dropper
    I’d like to join please, my target will be to pay £4,000 of my debt off 
    March NSD 14/15

    Debt £9607.54/£11296.89
    CC2:£2274.64/£2299.36 CC3: £1848/£1924.91 CC4:£25/£978.50 CC5: £1155/£1331.24 CC6: £3754.90/£4191.09 CC7: £550/£607.39
    CC1: paid off 14/02/23

    PAYDBXMAS23 #4 £1432.74/£4000
    Saving for Xmas 23 £30/£365
    4.94% £570.89/£107 
    make £2023 in 2023 #24 £71.24/£2023
  • Doily94
    Doily94 Posts: 585 Forumite
    500 Posts Third Anniversary Name Dropper Photogenic
    edited 28 December 2022 at 6:56PM
    Please count me in Shell, thank you for taking on the running of the thread. 

    I wont be debt free by next Christmas, but I want to pay off my smaller loan and my Virgin CC, so my total for the thread will be £7076.80 please
    PAYDBC24 #8 ~ £10188.21
  • shell16
    shell16 Posts: 1,354 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Welcome @AntoMac (number 3)  @bekah89 (number 4) and @Doily94 (number 5).

    Shell x
                                                                                             

     Debt Free - 04/03/23.  Total LBM August 2021 £15410.70

  • Can I join in please.
    I have no chance of being debt free by next Christmas but I hope to reduce my debt by £12,000 in 2023
    Total debt when my journey began in December 2022- £66,133.42
    Current debt May 2024- £40,064.57
    Repaid 39.42%

    My Debt Free Wannabe Diary
    https://forums.moneysavingexpert.com/discussion/6411146/the-final-bite-of-the-cherry-journey-to-clear-66k#latest

  • Please can I join? My total to clear is £21302. I won't clear it but want to make a significant dent. 
    Pay off all your debt by 2023 #7
    £5353/23,302 29%
  • messydebt said:
    Please can I join? My total to clear is £21302. I won't clear it but want to make a significant dent. 
    Sorry I don't know how to edit - I meant £23302.
    Pay off all your debt by 2023 #7
    £5353/23,302 29%
  • shell16
    shell16 Posts: 1,354 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Welcome @outoftheviciouscircle (number 6), @messydebt (number 7).

    Shell x
                                                                                             

     Debt Free - 04/03/23.  Total LBM August 2021 £15410.70

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