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PAY ALL YOUR DEBT OFF BY XMAS 2023

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Comments

  • #43 monthly payments made of £314.77
    #43 DFBXMAS2023 £2893.94/£10377

    #58 Make £2023 in 2023 £2733.23/£2023
  • #10 payment made, now at £749.60/£5460.
  • Good afternoon everyone! 

    Just a small one for me today £2 

    so that makes it 
    #2 £155/£637.98 24% paid
    Number 17-Pay off all your debt by Xmas 2024 Tesco CC £50/£127.95 Debt=39% paid.
  • I love that we still have newcomers to the thread :) It's never too late to join in and eliminate or reduce your debt before Christmas 2023! 
    LMD x
    Life gets in the way...PADding is addictive...Saving's better than spending...
    2025 1p challenge #41 | Cash envelope challenge #01 | SPC #017
    Sealed pot 2025 £6573 | EF £1000/£1000 | Sabbatical £3364/£6000 | Travel savings £1508 | Sinking pots £2571
  • Morning! It’s pay day for me so I’m checking in with my update

    #12 £2263/£4713
    Life gets in the way...PADding is addictive...Saving's better than spending...
    2025 1p challenge #41 | Cash envelope challenge #01 | SPC #017
    Sealed pot 2025 £6573 | EF £1000/£1000 | Sabbatical £3364/£6000 | Travel savings £1508 | Sinking pots £2571
  • Jrcoal5
    Jrcoal5 Posts: 647 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    Small payment today £4.59 totals now 
    #23 £1345.90/£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 

  • shell16
    shell16 Posts: 1,354 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    olaf2014 said:
    #45 
    So paying off my debts iv had to put a stop on for now and get myself into what I would consider good debt a mortgage.

     So the landlord is selling up and offered us it with a huge discount so we can use the discount for the deposit. this is a great opportunity for us as I can't see me and the hubby getting on the ladder anytime soon. So all out spare money (and some) is going on paying all the bits you have to pay for that. I'm classing this as a good debt as it's a house or our family home so it's not a thing I'm going to try and pay off soon. Once the mortgage has gone though we have agreed that we will aim to pay off almost or more than half our debt by Xmas then the rest next year then look and making extra payments on the house and saving to do work we want to do to it. However any extra I do earn from surveys and selling I will be paying off just means small amounts instead of large but every penny counts.
    Morning @olaf this makes sense, will keep you on here for now and when you have the chance to start paying down debt again later this year, you can come back on and update.  Good luck with the house buying!

    Shell x
                                                                                             

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

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