Pay ALL Your Debt Off By Xmas 2026!

ThriftyPrincess40

I’m waiting on all bills coming out Monday then will be able to pay extra off the £4100 💪🏻

leannej85

#12 - £224.94/£5,336.77 (4.21%)

HSBC Credit Card: £76.16/£3046.28 (2.5%)
Creation Finance: £138.78/£1110.24 (12.5%)
Bank of Mum: £10/£980.25 (1.02%)
Bank of Dad: £0/£200 (0%)

Have paid the minimums on the ones that have it. I'll update this again at the end of the current pay cycle - I've put away spare cash in an easy access savings account until payday arrives, then it'll be used on these.

Blackberrycurved

Hi I'm an old poster 2018 to 2021 when I was debt free but I need to get a handle on it again before it creeps up. Can I have a mummer please I need to pay off £10,000 

Honeysucklelou2

Have had a goal on this challenge for the last few years where I have aimed to clear a chunk of debt. This year progress has been slower due to wedding costs and needing to support my daughter with her living costs as she started uni in September. 

My aim for 2026 is to clear the last part which is £6000.

MissMoneyMishap

Hi, can I join as well please? Phase 1 to pay off is £13,273.96

st182

Hi All,

I'd like to try again this year please. My target will be a bunch of 0% transfers which end their deals in 2026, the total is £6201.56.

Thanks!

AuctionFever

#10 Worked out my total, which is £8132.61

Paypal Credit £153.88
Klarna £181.86
Overdraft £400.00
YouLend £653.31
Capital One £795.46
Barclaycard £2087.54
Vanquis £3860.56

It felt good to finally know an actual amount and put it in writing!  These are all the debts in my name alone.  I have yet to do my self employed tax return for 31st January, which will have to take priority of course, and I'm hoping won't be too large... that will be tackled in the next week or so.  Actually I'm not as horrified as I thought I would be, especially considering the horrendous few years we've had as a family financially.  Things are looking more stable than in a very long time coming into the new year, and I'm feeling positive and excited to knock these over.  Good luck everyone, and thanks for this challenge thread

Highlanddream

AuctionFever said:

#10 Worked out my total, which is £8132.61

Paypal Credit £153.88
Klarna £181.86
Overdraft £400.00
YouLend £653.31
Capital One £795.46
Barclaycard £2087.54
Vanquis £3860.56

It felt good to finally know an actual amount and put it in writing!  These are all the debts in my name alone.  I have yet to do my self employed tax return for 31st January, which will have to take priority of course, and I'm hoping won't be too large... that will be tackled in the next week or so.  Actually I'm not as horrified as I thought I would be, especially considering the horrendous few years we've had as a family financially.  Things are looking more stable than in a very long time coming into the new year, and I'm feeling positive and excited to knock these over.  Good luck everyone, and thanks for this challenge thread

Must admit,  tax return stresses me out big time, I did it in the summer so I knew how much I needed to find. Haven't paid it yet, it can wait until after Jan's premium bond winners are released - I stuff it in there for fun and its far enough away not get at it too easily. 🤣

Changeyourlife25

Updated debt 

£4,266.52

Ouch, but we can do this! 💪 Roll on 2026! 

Does anyone follow any particular debt free methods? 

Bluefrog3

Brand new here and would love to join!
I have £17,405 in CC and loans and overdraft. On top of payments but would love to not worry so much about how much it is.