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.

📨 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

1363739414283

Comments

  • £100 payment to CT today so now I'm at:

    #55 £140.20 / £4800

    #55 DFBXMAS23 £1465.70 / £4800

    CC#1 £877.00  CC#2 £1315.72

    Savings: £153.00
  • jody51
    jody51 Posts: 20 Forumite
    Tenth Anniversary 10 Posts Debt-free and Proud! Combo Breaker
    Payday tomorrow- payments for this month will total £1250. 

    #31- £2495/£18010
  • Jrcoal5
    Jrcoal5 Posts: 647 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    Decided to pay a chunk off the credit card now rather than keeping holiday savings will save that instead the next 2 paydays so paid £400.63
    total now #23 £1341.31/£3000
    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 

  • Sorry for my lack of updates, number 32 checking in.
    I have paid off so far:

    £740.99 / £5000

  • kmcld2
    kmcld2 Posts: 75 Forumite
    Part of the Furniture 10 Posts Photogenic Name Dropper
    edited 23 February 2023 at 11:28PM
    #54 - £150 / £4786
    Thank you
  • nomi01
    nomi01 Posts: 463 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    £175 paid to debt and another credit card cleared 

    PAYDBXMAS23 #26 £1761.54/£5000 paid
    🎄PAYDBXMAS21 #11  £11,300/£11300
    Target met.
    💥PAYDBXMAS22  #11 £5000/£5000 target met.
    PAYDBXMAS23 #26 £5000/£5000 paid

  • LittleMissDetermined
    LittleMissDetermined Posts: 10,149 Forumite
    Part of the Furniture 10,000 Posts Debt-free and Proud! Photogenic
    edited 24 February 2023 at 9:30AM
    Thanks for the update @shell16 everyone is doing fantastically well!  I am eagerly awaiting pay day on Monday so I will add a post with an update then :) 
    LMD x
    Life gets in the way...PADding is addictive...Saving's better than spending...
    2025 1p challenge #7 | Cash envelope challenge #01 | SPC #017
    EF £1000/£1000 | Sabbatical £4055/£6000
  • Keedie
    Keedie Posts: 3,009 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Combo Breaker
    Thanks for running this @shell16, it's always so good to see the Friday totals 🤗. Really motivating.

    Can I please be a real pain and change my target (again 🤦🏾‍♀️)? I've had a complete rethink of my finances, and a target of £6,000 instead of £8,000 would allow me to stretch myself but is more realistic.

    If it can be changed, then my tally would be

    #42 £843.41/£6,000 (21.18%)

    I promise that's the last request! Thanks x
    Debt Free Diary:- The Mental Debt Struggle
    (Original Debt on 15/07/2016 was £33,056.76) 🙈 but Debt Free on 09/02/2025 🎉
  • shell16
    shell16 Posts: 1,354 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 24 February 2023 at 9:44AM
    @Keedie, no problem at all, all changed for you, your total is 14% paid.  This is your target so you need to be comfortable with it.  I agree setting a target which is unrealistic can derail progress, it ultimately needs to be achievable but stretching as you say. :smiley:

    Shell x

                                                                                             

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

This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.8K Spending & Discounts
  • 246.1K Work, Benefits & Business
  • 602.2K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 260K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.