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Pay off all your debts by Christmas 2025!
Comments
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#8 - a lovely £1,206.61 / £5,500 so far.
Debt | £224.10 / £471.90 M1 | £131.88 / £858.65 Mobile | £443.45 / £3,370.22 L1 | £383 / £6,460 CC2 | £26.25 / £0 M2 | £1,159.55 / £1,159.55 CC1 | £2,368.23 / £12,309.32 Total
Savings | £953.64 / £1,233 Other | £1,000 / £1,000 EF | £1,953.64 / £2,233 Total2 -
#24 - £711.74/£7113.80 realised today I've paid off 10% of my debt so far. I've paid off my Very account now so only 5 more debts to go. I've also got a couple of minimum payments to come out later this month. I took some time to sense check my budget each month and I should be able to pay off everything by December if all goes to plan.
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#7 £150 paid today. Total is now £1,256/6500
Challenges
NSD - January - 8/10
1. 2026 Mortgage-Free Wannabes #61 £1,269 /£29,000, MF target May 2026, current mortgage balance - £28,616.15
mortgage @ Jan 2025 - £75,600
2. Loan - Jan 2026 £1,029.22 - bal £0- fully paid
3.52 Week Envelope Saving Challenge #2 £/£1,378 -( /52)
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The first (new) loan payment "wasn't due" for Feb as I changed the payment date to be closer to payday, but made a £400 payment nonetheless. Won't catch myself slacking.#5 £2,144.15/£12,934.78.Debt @ LBM 01/11/24 - £14,161.59Debt current - £10,845.80
"When it's good, it's fun. When it's bad, it's funny". Trying to take things one step at a time.5 -
Good evening! Could I join please? Brand new debt on 0% CC until Jul 26 but I'm desperate to get rid of it asap. Thank you!
£1350/£8000 (17%)
Mortgage: £173,700 Sep 22 £158,000 Jan 26
MF Date: Sep 52 Mar 52
CC Debt: £15,250 Nov 25 £10,400 Jan 26
2026 Challenges:
MFiT-T7 #5
DFbyXMAS #7
Sealed Pot Challenge #022
2026 Grocery Challenge: 01/01 - 19/01 £66.20/£100
2026 Grocery Challenge: 20/01 - 19/02 £23.97/£200
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#33 ThriftyMissus I’ve now paid £2048.47 of £7881.*edited my post as got total debt figure wrong 🤦🏻♀️3
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#11 £100.80 sent to family debt today.
£1008.43/4746.643 -
few planned payments and a little overpayment this week:
#30 £225 / £7400
Keep up the hard work
Pay Off Debts by Xmas 2026; £0 / £6201.563 -
#33 ThriftyMissus
I’ve now paid a total of £2631 of my debt of £7881.
This is 33.38% paid.I got the total and percentage paid wrong in my last post so that’s just a symptom of how wrong I can be with money 🤦🏻♀️4 -
To get a 'percentage paid', divide the total you've paid by the total outstanding then multiply by 100. In my case (£2,144.15 ÷ £12,934.78) x 100 = 16.57. So I've paid 16.57% of my total outstanding.
It's actually more tricky than that, when you consider overpayments reduce the total interest paid so the reduce total outstanding. How do you work that out each time 👀Debt @ LBM 01/11/24 - £14,161.59Debt current - £10,845.80
"When it's good, it's fun. When it's bad, it's funny". Trying to take things one step at a time.3
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