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.

📨 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!

Pay a debt by Xmas 08

17810121338

Comments

  • clearmydebts
    clearmydebts Posts: 6,485 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    Hi all,

    Managed to pay £400 off my debts. I can't wait to smash the £23,000 mark next month, It will feel great psychologically.

    Better stop wishing the month away. It's only the 2nd July. Am determined to get rid of this debt though. Am sick of it. It has been a way of life for the last 7-8 years.
    Total (Aug 19):€58,567 Now:€26,947
    DFD:Nov 22/June 22
    Mortgage: €199,712
    MFD: March 2042/July 2034
  • lunar
    lunar Posts: 1,805 Forumite
    Part of the Furniture Combo Breaker
    Just checking in to see how everyone is getting on. I should have about £200 to overpay at the weekend from various things. Its brilliant motivation to be doing this challenge with everyone. Good to see everyone is so motivated and making progress so soon. cant wait to make my next payment!
    DFW NERD NO.656 DEBT FREE 24TH NOVEMBER 2010 TOTAL DEBT AUGUST 2007 £39000
    MFiT T2 NO.56 WE OWN [STRIKE]25%[/STRIKE] 31.5% OF OUR HOUSE SO FAR!
  • juicygirl
    juicygirl Posts: 658 Forumite
    Part of the Furniture Combo Breaker
    A small overpayment came off today so I've updated again :D

    Off to see what else I can sell on Amazon. Still can't face trying Ebay :(

    Long way to go yet!!!
  • doodledo_2
    doodledo_2 Posts: 4,676 Forumite
    Wow everyone is doing so well already :T

    Welcome to the newbies, another 7 since I last checked :D

    Have some bits listed on Ebay so as soon as they finish will be making my overpayment.

    Also had some good news that hubby might be getting some overtime this month so some more pennies to throw at the debts :T
    Proud to be dealing with my debts - DFW No: 712

    03/09/09 - DEBT FREE AT LAST :D
    Racing Hypno to Save - £10/£5000
  • clearmydebts
    clearmydebts Posts: 6,485 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    Hi doodledo,

    It is a great challenge and if I can pay off my 'various' debts by Xmas and am left with £18,000 going into the New Year I will be very happy!
    Total (Aug 19):€58,567 Now:€26,947
    DFD:Nov 22/June 22
    Mortgage: €199,712
    MFD: March 2042/July 2034
  • nickynoo08
    nickynoo08 Posts: 1,860 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Hi everyone,

    i've only just come across this thread and thinks it's a brilliant idea and would love to join in please. I dont think i'll be able to clear a debt in full (would be lovely if i could) but will aim to pay £1000 back to my catalogue by xmas. Going to work out my finances to see if i can cut back anywhere else or see if there is anything i can sell to help boost my total.
    Everyone else seems to be doing really well so far, I'm sure we can all make it:D
    £387.39/£196.46
    Pay my debt by End of Feb 2022
    49.28% paid!

    £199.55/£500 savings by End of April 2022
    39.91% saved!

    Make £2022 in 2022 - £20
  • clearmydebts
    clearmydebts Posts: 6,485 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    Hi Nickynoo,

    Welcome! I can't pay back all of my debts either :confused: so am aiming to pay back some of my various debts. If I have something to aim for I am more likely to do it than if I was doing it on my own.
    Total (Aug 19):€58,567 Now:€26,947
    DFD:Nov 22/June 22
    Mortgage: €199,712
    MFD: March 2042/July 2034
  • doodledo_2
    doodledo_2 Posts: 4,676 Forumite
    Welcome Nickynoo I have added you to the challenge :D
    Proud to be dealing with my debts - DFW No: 712

    03/09/09 - DEBT FREE AT LAST :D
    Racing Hypno to Save - £10/£5000
  • sweetpeas_2
    sweetpeas_2 Posts: 2,237 Forumite
    Hi everyone :hello:
    I feel like I'm being a bit slow of the mark with this challenge. :(
    I have things in the pipeline which I am going to use towards this challenge, but just have no hard cash to pay off at present... :(

    I have a few items on ebay, and a mystery shop next week. I have set up a standing order for £50/month to come off the debt (the actual debt is with my mum, which she has put on 0% for me). The standing order amount is the same as what I would have been sending to the cards for the minimum payment each month. If I send that July-Dec it will be £300. Sooo...there is £1199.91 left to find...! :eek:

    Well, best get my finger out hadn't I now... :rotfl:
  • taxi73
    taxi73 Posts: 20,815 Forumite
    Right I'm off ..made a £40 overpayment to BMI ....my other debts are getting paid as well but I have only included halifax and Bmi in this challenge.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.8K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.2K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.