PAY ALL YOUR DEBT OFF BY XMAS 2023

shell16

Hi @Keedie

No problem changing your target, its best to have an achievable but stretching target rather than one you know you will never hit which may prove to a negative impact on mindset.  What I did last year was total up my regular DD's for debt then add a percentage over that to account for potential survey income, side hustles, extra money left in budget etc. All changed for you.
Shell x

Keedie

Thanks very much @shell16 for the update as it’s much appreciated and you’re correct. It’s best to be realistic but still set a goal that will test me but not be unachievable. The £8,000 target allows for an 11% payment above my minimum payments which I’m comfortable with. I may have to reduce my working hours and so I don’t want to set myself up to fail target wise. 

_Dolly_Rocker_

Hi, 

Back with my amounts..........

20 - _Dolly_Rocker_ - £15,245.85 - Sheesh! Worse than I thought but main thing is it's never going to get any worse and this is the LAST time I will be in debt like this. 

Jrcoal5

Sofa payment gone today £87.36 takes my total to 
#23 £243.95/£3000 

Doily94

My payment DD has come out today, as well as my PAD's and my 1p challenge payments to my CC. 

Update total for #5 £252.18/£7076.80

_Dolly_Rocker_

20 - _Dolly_Rocker_ - £648.29/£15,245.85

Paid my 3 CC's yesterday so this is an update to my totals. 

olaf2014

#45. 

Not doing right well I keep looking for ways to earn extra money while on maternity leave but iv hit a wall iv put stuff on Facebook and vintage only sold one thing at £5 but payment is still pending 😔

I have however wrote down all the debts we owe amounts and how much interest on each and made a list of which ones to pay off 

shell16

@olaf2014 dont put the pressure on yourself to be paying off your target for the year, make payments when you can and ensure this doesnt leave you short.  Have you tried survey sites?  The best one is Prolific but I believe there is now a waiting list but there are others.  I think Martin has something on MSE about the sites and lists them with pro's and con's.  If I can find the link I will post here for you.

Now found link - Top 25 online survey sites in the UK - Money Saving Expert

Shell x

MrMrsR

#46  940/8400

Big chunk off for me this week. Won't be the norm unfortunately but 940 includes my monthly payments across 4 cc, I got a refund on some clothes, withdrew from top cashback and had a one off £84 from a halifax cashback promotion straight onto that cc. I have pulled out some things to sell that might get me another 100 in the next few weeks  

shell16

@MrMrsR, thats just over 11% of your target, wonderful news!