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PAY ALL YOUR DEBT OFF BY XMAS 2023

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Comments

  • outoftheviciouscircle
    outoftheviciouscircle Posts: 796 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    #6 checking in here after a very long time!!

    I said the beginning of the year that I would like to clear £12,000 of my mountain of debt (66k). I am actually on £11,892.56 already this year so I would like to up my target to £18,000 and I promise I'll check in more often. July so far, I have paid off 

    £337.63

    Payday is the 26th this month as the biggest chunks will be paid off then!!
    Total debt when my journey began in December 2022- £66,133.42
    Current debt May 2024- £40,064.57
    Repaid 39.42%

    My Debt Free Wannabe Diary
    https://forums.moneysavingexpert.com/discussion/6411146/the-final-bite-of-the-cherry-journey-to-clear-66k#latest

  • shell16
    shell16 Posts: 1,354 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    outoftheviciouscircle said:
    #6 checking in here after a very long time!!

    I said the beginning of the year that I would like to clear £12,000 of my mountain of debt (66k). I am actually on £11,892.56 already this year so I would like to up my target to £18,000 and I promise I'll check in more often. July so far, I have paid off 

    £337.63

    Payday is the 26th this month as the biggest chunks will be paid off then!!
    Thats absolutely brilliant progress!  Well done!  I will change your target to £18000, on your original target you are 99.1%! 
    Shell x
                                                                                             

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

  • ahall3519
    ahall3519 Posts: 580 Forumite
    Part of the Furniture 500 Posts Name Dropper
    edited 17 July 2023 at 8:02AM
    Good morning everyone!

    Please put me down for £5 to the usual CC which now makes it #2 £425/£637.98 67% paid
    Number 17-Pay off all your debt by Xmas 2024 Tesco CC £50/£127.95 Debt=39% paid.
  • ahall3519
    ahall3519 Posts: 580 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Good evening everyone! 

    Please put me down for £25 to the usual CC which now makes it 

    #2 £450/£637.98 71% paid 

    Just need to keep plodding on...
    Number 17-Pay off all your debt by Xmas 2024 Tesco CC £50/£127.95 Debt=39% paid.
  • shell16
    shell16 Posts: 1,354 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Morning All

    Im on holiday for 2 weeks after tomorrow so If you need your totals updating just drop a note on this thread.  There will be no updates on here from Saturday 22nd July until Monday 7th August.

    Many Thanks
    Shell x
                                                                                             

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

  • bigbeff
    bigbeff Posts: 1,147 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    shell16 said:
    Morning All

    Im on holiday for 2 weeks after tomorrow so If you need your totals updating just drop a note on this thread.  There will be no updates on here from Saturday 22nd July until Monday 7th August.

    Many Thanks
    Shell x
    Have a lovely holiday! 
    Debt as of 29/12/25
    Overdraft: 1465.60 327.33
    CC1: 866.75 500
    CC2: 5699.85 5199.85
    Total:8032.30 6027.18
  • nomi01
    nomi01 Posts: 463 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    PAYDBXMAS23 #26 £5000/£5000 paid
    Last payment made and I have hit my target. I am now debt free  <3
    🎄PAYDBXMAS21 #11  £11,300/£11300
    Target met.
    💥PAYDBXMAS22  #11 £5000/£5000 target met.
    PAYDBXMAS23 #26 £5000/£5000 paid

  • Keedie
    Keedie Posts: 3,032 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Combo Breaker
    Thanks @shell16 for the congratulations, I'm so excited I've paid off another creditor 🤗.

    Have a great holiday and well done everyone xx

    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
    nomi01 said:
    PAYDBXMAS23 #26 £5000/£5000 paid
    Last payment made and I have hit my target. I am now debt free  <3
    Thats great news, well done!!!  What are your plans for your financial future now you are debt free?

    Shell x
                                                                                             

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

  • nomi01
    nomi01 Posts: 463 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    shell16 said:
    nomi01 said:
    PAYDBXMAS23 #26 £5000/£5000 paid
    Last payment made and I have hit my target. I am now debt free  <3
    Thats great news, well done!!!  What are your plans for your financial future now you are debt free?

    Shell x

    Thank you
    I will be overpaying mortgage. I am going to save in high interest account for next 12 months then pay a lump sum.
    Also saving for new bathroom and kitchen.
    I think it is going to take a couple of months for it to sink in  that I am consumer debt free.
    🎄PAYDBXMAS21 #11  £11,300/£11300
    Target met.
    💥PAYDBXMAS22  #11 £5000/£5000 target met.
    PAYDBXMAS23 #26 £5000/£5000 paid

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