We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
The MSE Forum Team would like to wish you all a very Happy New Year. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
Hopefully debt free before Mortgage renewal in June 2026
Comments
-
I’ve been wondering how much of a reduction you’ll aim for before renewing your mortgageMortgage at 01.01.14 £119,481.83:eek: today £0 Emergency fund £5.5/5.5k & £200/200 cash.:jWeight 24/02/19 14st 7lb now 11st 12lb determined to stop defining myself by my mistakes. Progress not perfection.:T100%through my 1% mortgage challenge. 100% through my pb challenge. I’m not perfect but I’m good enough for now.2
-
It's up to you of course once you're debt free, but Id recommend updating your diary at least occasaionally as you rebuild savings or overpay on your mortgage.2
-
One more day to go 🥳 Fantastic achievement and also for being alcohol free for so long! Congrats on both goalsSave £12k in 2025 #32 £14,871.88 / £6000
2 -
Excellent news about your bonus.I'm another who loves the quotes and will miss them2
-
Will also miss the quotes, I also hope we will continue to hear updates from you. Great achievement though, one more day to go, you must be delighted with your progress, as you should be! Happy Christmas and all the best in 2026!!
Mortgage: £173,700 Sep 22 £158,300 Dec 25
MF Date: Sep 52 Mar 52
CC Debt: £15,250 Nov 25 £12,000 Dec 25
2026 Challenges:
MFiT-T7 #5
DFbyXMAS #7
2 -
Congrats on the bonus, you don't have to post daily but its always a good idea to post periodically or people find bad habits slip back in. You can always focus on paying off mortgage early next or set yourself a savings goal.*Dad loan - £5300 - £7000
*Virgin Credit Card - £3552.50 - £0
*Natwest - £1828.35 -£0.00
Barclaycard - £2315.25 - £0.00
Creation Finance - £960.32 £0
*Total debt - £7000/£11641.17*
Savings
*Sinking Fund - £800/£2500
*Emergency Fund - £1000/£1000
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/2 -
No money spent today
No direct debits today
Natwest CC Daily payment £4.61 Total daily payments made this month £120.96
Total of all Natwest CC payments, including weekly and monthly payments made this month £327.96 leaving a balance of £248.80*This month refers to 28th November to 25th December (Xmas day + DEBT FREE DAY !! )
Debts on Jan 6th 2025
Tesco Credit card 0% = £2273
Virgin Credit Card 0% = £1230
Hastings Loan 12.70% = £2962.60
Total = £6465.60
Natwest CC £0 - 25/12/258 -
Debts on Jan 6th 2025
Tesco Credit card 0% = £2273
Virgin Credit Card 0% = £1230
Hastings Loan 12.70% = £2962.60
Total = £6465.60
Natwest CC £0 - 25/12/256 -
Debts on Jan 6th 2025
Tesco Credit card 0% = £2273
Virgin Credit Card 0% = £1230
Hastings Loan 12.70% = £2962.60
Total = £6465.60
Natwest CC £0 - 25/12/254 -
Thank you to everyone who has commented about the quotes. I will continue to post them and try to build up a library of saved ones to post as often as possible.
Thank you all for all your kind comments, help, advice, support, encouragement and guidance over this last year, i really do appreciate it. I wish you all the very best of luck with your own personal journeys in life.
Remember, one last day of my debt journey to come tomorrow 😁🥳
I wish each and every one of you a Merry Christmas and i hope you all have a great festive period.
Tez xx
❤️🎅🏼🎁🎄🫶🏼
Debts on Jan 6th 2025
Tesco Credit card 0% = £2273
Virgin Credit Card 0% = £1230
Hastings Loan 12.70% = £2962.60
Total = £6465.60
Natwest CC £0 - 25/12/256
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 260K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards