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Pay off all your debts by Christmas 2025!

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  • meachybee
    meachybee Posts: 42 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    #24 - £2775.91/£7113.80 redone the budget to account for not being able to make a bigger dent last month but still on track to clear all the debt by Christmas.
  • BlueJ94
    BlueJ94 Posts: 2,798 Ambassador
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Hello, is it too late to join this challenge for 2025? 

    My debt has gone up again and I am determined to reduce it. It’s too depressing to put the full total right now but my aim is as follows: 

    AIM - to clear 4.5k of debt by end of Dec 2025.   
    Nope not too late! you're #39 
     I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe boards and spending & discounts boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

    Debt owed;

    Salad Money - £616.47/£1200 JAJA - £679.70/ £900 Zable - £338.60/£1300 = £1,634.77

  • VioletNewStart
    VioletNewStart Posts: 50 Forumite
    10 Posts First Anniversary Photogenic Name Dropper
    BlueJ94 said:
    Hello, is it too late to join this challenge for 2025? 

    My debt has gone up again and I am determined to reduce it. It’s too depressing to put the full total right now but my aim is as follows: 

    AIM - to clear 4.5k of debt by end of Dec 2025.   
    Nope not too late! you're #39 
    Great, thank you! 
  • Charlie_21
    Charlie_21 Posts: 123 Forumite
    Eighth Anniversary 100 Posts Name Dropper Photogenic
    #8 - £3,762.96/£5,500.00
    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 Total
  • 32b3in2013
    32b3in2013 Posts: 2,470 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Good evening,

    All May payments have now been made, so total for No.25 is £12554.75/£15,000


    This is the month I am taking voluntary redundancy, so all of my debts will be paid off at the end of this month and I will be debt free for the first time in years.  

    I will come back at the beginning of June to confirm how much paid off in total if I can actually write it down.

    Keep going everyone,  so great repayments being made.

    Best wishes

    32b3
    SPC9 #125 - £816.85
    SPC10 #125 - £851.81
    SPC 11 #7 - £968.46
    SPC 12 #7 - £2682.90
    SPC 13 #7 - £4829.85
    SPC 17 #7 - £7313.63
  • SillySillyGoose
    SillySillyGoose Posts: 34 Forumite
    10 Posts Name Dropper Photogenic
    #37 checking in, £311.25 paid taking me to £586.24/£4000
    Starting Total - £8586.09
    Current Total - £7999.85
    Paid to Date - £586.24 / 6.8%
    Overpayments to Date - £46
  • peacocking
    peacocking Posts: 27 Forumite
    Fourth Anniversary 10 Posts Name Dropper Photogenic
    I'm now at £5000 from £16000. I've spent far too much over the last month so need to stop now before I undo all the work of this year. Still I've come a long way.

    My debt figure isn't ever exact as I pay every penny onto the credit cards each month, then use the credit cards for essential spending through the month. 
    About 35k March 24

    <then many hours working, little sleep, much grumbling>

    Now:

    £13577 Jan 25
    £11100 End Jan 25
  • MissPennySave
    MissPennySave Posts: 421 Forumite
    100 Posts Second Anniversary Name Dropper Photogenic
    Afternoon all, another payday has arrived, so £1440 added to my total, so I am now:

    #10 £7670.00 / £15120.00 

    MPS x
    November 2022 - £46,626.96 / May 2025 - £5,970.00
    Debt paid off so far - £40,656.96 (87.19%)

    Current Challenges:
    #10 DFBXMAS25 £8670.00 / £15120.00 (57.34% 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 Diary
  • IrishRose12
    IrishRose12 Posts: 1,788 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I've hit the £1000 mark of clearing my debt!  Took a while, but I've finnaly got there.  Still £2000 to go, but I'm happy with what I've managed to achieve so far.  It has been a tough year so far and still a long way to go with obstacles in the way, but hopefully I can make it!

    #13 £1000/£3000

    Pay all debt off by Christmas 2025 £815.45/£3,000£1 a day challenge 2025 - £180/£730 Declutter a bag a week in 2025 11/52Lose 25lb - 10/25lbs Read 1 book per week - 5/52Pay off credit card debt 18%/100%
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