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Pay All Your Debt Off By Christmas 2024
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So my target was 1900 and I've somehow reduced my debt by that much since Jan. my personal debt was 9795 and is now 7095. My lowest debt is 450 so I'm gonna aim to pay off another 500 pounds with a 1% of 5. (Going for easy maths again hence the rounded up amount 😂) probably not by Xmas but you never know!
Jan 18 Joint debts 35,213
Mortgage Jan 18- 77224 May 25- just under 65k
June 25 Debts in my name only £5170. DH can't keep track...3 -
#24 3263/4293 £346 paid off this month to bring the total left to pay to £1030 so that I remain interest free till December. Starting to feel hopeful I'll pay it all off before the end of the year now.
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Made an additional payment so now at £1,169 out of £2,000. Have another £400 set aside but credit card statements don't come in until the middle of the month.2
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Please can I join and be #38?!
Context: House move and wedding in the same year, plus some legacy debt from renovating our first house.
My aim is to be completely debt free in 12 months, and down at least £6,000 by Xmas 2024.#38 - £1,515.67 / £19,175.32 (7.9% paid)
Monthly Totals
August - Starting total £19,175.32 / £1,516.67 paid off this month
September -
October -
November -
December -
Santander Personal Loan- £8203.15/ £13,000
M&S Personal Loan - £1673/ £3069
Natwest CC - £5,640.26
Barclaycard CC- £2,142.24
£17,658.65 to go!0 -
Morning all, payday again so £1930 paid towards my balances so I am now:
#15 £12102.80 / £14000.00
MPS xNovember 2022 - £46,626.96 / May 2025 - £4,770.00
Debt paid off so far - £41,856.96 (89.76%)
Current Challenges:
#10 DFBXMAS25 £9870.00 / £15120.00 (65.27% paid off)
Completed Challenges:
#15 DFBXMAS24 £16972.80 / £14000.00 (121.23% paid off) COMPLETED!
#41 DFBXMAS23 £14751.96 / £12000.00 (122.93% paid off) COMPLETED!
MissPennySave's Debt Free Diary - DFW Diary1 -
Updating this month's totals, paid £1,450/£2,000. Should be able to pay another £100 before the end of the month but will update as and when that happens.
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Sorry have not updated for a while on the thread. I cleared some debt but then slipped back up again - partly to cover unforseen expenses and partly as I wasn't being careful enough with money. It's still less than it was at the year start but not by much.
I'm going to have a real push in the last four months of the year to try and get it down again.
Debt at year start was 50,110. It is now 49,631. I want to have it down to 47,000 by end of December.1 -
#32 3437.67/6699.53
51% paid
On the home run to have this paid by Christmas, this will include using the end of December's pay as this will be paid early before Christmas, feels like I'm cheating slightly but 🤞 I'll be all paid off by 23rd of December.Mortgage free 2021Debt free 2024
Starting to save for early retirement whilst balancing having fun whilst we can!
4275/8000 savings
2000/4000 holiday
2849/4000 Lisa
Save £12k in 2025 #51 £9134/£160001 -
#16 4270/6000
Emergency Fund: 1000/2000August Grocery Challenge: 208/550
S&S ISA: £420
Save 12k in 2025: #10 1200/10000
100 steps challenge.. to be where you want to be in 2025:
EF 60/100 (1 step= £20)
holiday 0/100 (1 step= £30)
savings 4/100 (1 step= £50)
2025 diary: https://forums.moneysavingexpert.com/discussion/6576803/a-fresh-start-a-year-of-growth-and-balance/p1?new=1
old diary becoming DMP free in 2024: https://forums.moneysavingexpert.com/discussion/6495850/freedom-and-independence/p11 -
#24 3493/4293 paid £230 this month so that I could get to an even £800 still to pay. I'm hoping I can pay off 2 lots of £400 over the next 2 months to be free of payments for December. I'm really looking forward to being able to save money for once.
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