PAY ALL YOUR DEBT OFF BY XMAS 2023

stuartp2000

#18 8000 / 8000   

Had a big energy account credit so withdrew that and along with payday a tightening of the belt in May & June and a review of savings pots I’ve managed to clear the balance on my account.
Final balance was on 0% CC and I could have kept but the physiological benefit of clearing was better than the interest forgone.

This is massive for me as part from the mortgage I have no debt, this is the first time in over 30+ years I have not had any loans or credit card balances.

Next challenge will be 3 month’s emergency fund, I now after all these overpayments have about a weeks cover so by Xmas need to make that nearer a month.

welshspendthrift

No 28 pd £8623.90 to clear cc and have paid off car loan and made payments since I last posted every month on loan just one loan left to pay off so balance of debt now £929.48 . There is a light at the end of the tunnel now 😀

shell16

stuartp2000 said:

#18 8000 / 8000   

Had a big energy account credit so withdrew that and along with payday a tightening of the belt in May & June and a review of savings pots I’ve managed to clear the balance on my account.
Final balance was on 0% CC and I could have kept but the physiological benefit of clearing was better than the interest forgone.

This is massive for me as part from the mortgage I have no debt, this is the first time in over 30+ years I have not had any loans or credit card balances.

Next challenge will be 3 month’s emergency fund, I now after all these overpayments have about a weeks cover so by Xmas need to make that nearer a month.

Brilliant news!!!  Well done on becoming debt free!
Shell x

shell16

welshspendthrift said:

No 28 pd £8623.90 to clear cc and have paid off car loan and made payments since I last posted every month on loan just one loan left to pay off so balance of debt now £929.48 . There is a light at the end of the tunnel now 😀

Hi there.  I have you now at £10270.52 paid out of a total of £11200 (leaving £929.48)  is that correct?

Shell x

welshspendthrift

@shell16 yes thank you that’s great 😀

nomi01

Paid £580 to debt

PAYDBXMAS23 #26 £4626.54/£5000 paid

shell16

nomi01 said:

Paid £580 to debt

PAYDBXMAS23 #26 £4626.54/£5000 paid

You are so close now!  92.5% paid off!
Shell x

Keedie

£300 paid to Barclaycard as a normal direct debit, so...

#42 £3,439.63/£6,000 (57.33%)

ahall3519

Good evening everyone! Please put me down for £10 to the usual CC which now makes it 

#2 £395.50/£637.98 62% paid

ahall3519

Good evening everyone me again!

Please put me down for £12.50 to the usual CC which now makes it

#2 £408/£637.98 64% paid