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Pay All Your Debt Off By Christmas 2024

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  • #38 month 3 update following payday today:

    #38 - £3288.66/ £19,175.32 (16.6% paid)

    Monthly Totals

    August - Starting total £19,175.32 /  £1,516.67 paid off this month
    September - £917.82 paid off this month
    October - £854.17 paid off this month (a few birthdays this month and needed to buy 2 new radiators!)
    November - 
    December -

    Santander Personal Loan- £7873.66/ £13,000 
    M&S Personal Loan - £1113/ £3069
    Natwest CC - £5500
    Barclaycard CC-  £1394.43

    £15986.66 to go!

    I was hoping I could get this down to £10,000 by Xmas but I was being overzealous and unrealistic. My target for the new year is to be down to £13,500. 
  • @MissPennySave amazing! Well done! 🎉🎉 how are you going to celebrate?
    Emergency Fund: 1000/2000
    August 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
  • Hi - hope everyone is doing ok. And well done @MissPennySave !

    #27

    I had another good month:

    Total at year start: 50,110
    Aim to clear (revised): 3,500

    Cleared in October: 770 
    Cleared this year to date: 1,741

    Current debt balance: 48,369



  • #16 5558/6000

    Emergency Fund: 1000/2000
    August 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
  • Rud0lf
    Rud0lf Posts: 225 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    #32 5259.53/6699.53

     Up to 78.5% and still on track to pay it all off by Christmas.

    Great news@daywon
    Mortgage free 2021 

    Debt 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/£16000
  • I paid off my 1900 and then my 450 debt and now I'm moving into a c card with 1113 on it. I'll pay to round it down and have a 1% of 11 pounds I think. I need to put some serious cash aside for Xmas so target day is next July maybe?
    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...
  • #24 4043/4293 £250 paid off this month with £250 still to go. Can't wait for this to be paid off!
  • #38 month 4 update following payday today:

    #38 - £4159.08/ £19,175.32 (21.6% paid)

    Monthly Totals

    August - Starting total £19,175.32 /  £1,516.67 paid off this month
    September - £917.82 paid off this month
    October - £854.17 paid off this month (a few birthdays this month and needed to buy 2 new radiators!)
    November - £362.74 paid off the overall total this month but both credit card balances are up from last month. :(
    December -

    Santander Personal Loan- £7567.92/ £13,000 
    M&S Personal Loan - £833/ £3069
    Natwest CC - £5650
    Barclaycard CC-  £1473.00

    £15523.92 to go.

    I have managed to secure some freelance work so I am hoping that will help to generate some additional money I can throw at this!
  • #16 6000/6000

    Completed it 🎉

    Emergency Fund: 1000/2000
    August 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
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