Total debt when my journey began in December 2022- £66,133.42
Current debt May 2024- £40,064.57
Repaid 39.42%
We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
PAY ALL YOUR DEBT OFF BY XMAS 2023
Comments
-
Hi All,
week 1 and all is well!#30 paid £50.04/7941
Gill5bluepaid all debts off 2024 yay4 -
#4 £245.75 / £4000
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 14/02/23PAYDBXMAS23 #4 £1432.74/£4000
Saving for Xmas 23 £30/£365
4.94% £570.89/£107
make £2023 in 2023 #24 £71.24/£20233 -
# 18 - 604.96/8000
Additional payment today from Top Cashback payment and an underspend on an item budgeted but no longer required.
Challenges
MFW 2025 #6 - 14871.56/14,000
Completed Challenges
MFW 2024 #35 - 9,000/9,000
Pay off all debts by 2023 - #18 8,000 / 8,0003 -
Hi All,
week 2 and all is well.# 30 paid another £67/7941
it feels good
Gill5bluepaid all debts off 2024 yay3 -
Small payment to round the current account of £1.90 today takes my total to
#23 £156.59/£3000
Pay off debt by Xmas 2023 #23My debt free diary https://forums.moneysavingexpert.com/discussion/6436651/clearing-my-debt-after-25-years#latest
paid £7112/£7800-**DEBT FREE April 2024**
£9400 saved for emergency fund3 -
£150.14 paid today
#4 £395.89 / £4000
think takes me to 9.89%!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 14/02/23PAYDBXMAS23 #4 £1432.74/£4000
Saving for Xmas 23 £30/£365
4.94% £570.89/£107
make £2023 in 2023 #24 £71.24/£20233 -
£9.70 paid today.
#6 £462.02/12,0004 -
Can I join please?
My outstanding debt is 8400 over 4 cc, and 2 online shopping accounts both interest free at present but 3 of the CCs are not
so I'll start with those. Thankyou, I look forward to being spurred on by this groups achievements.
RxSPC 2023 #033 £352.08 /2024 £?
DFBXMAS23 #46. 6560/8400 (1850 left)5 -
# 43 Here's my total figures.
Total debt £10377
Post office loan £7733
CC 1 £2154
CC2 £490
I'm going to look into getting another loan to pay off the post office one to save on interest. I got the loan at a higher rate due to credit scoring at the time, hopefully can get a better rate which would save on the repayment of interest and therefore reduce amount owed. Hope that doesn't sound crazy.
CC1 is all 0% balance transfers with various dates to repay.
CC2 is paid in full each month and then spent again on food/diesel throughout the month, so I never pay interest on this one, but eventually would like to be able to reduce maxing it out each month.#43 DFBXMAS2023 £2893.94/£10377
#58 Make £2023 in 2023 £2733.23/£20235 -
Hi and Welcome to new Member @MrMrsR (Number 46).
If you can please post by following the example below in bold, this will ensure I do not miss any of your payments? I will post regularly on here how each member is doing.
#46 £10/£8400
Good luck to you!
@Living_my_best_life thanks for the update on your pledge this year. This is just a pledge and anything you can pay off this year will be a good positive start to financial freedom!
Shell xDebt Free - 04/03/23. Total LBM August 2021 £15410.70
3
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards