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Pay a debt by Xmas 08
Comments
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Congrats on the job Nickynoo!
Have been lagging in this challenge as I had another card to clear that took longer than expected but Im well underway now - have paid 108.00 off it so far and to clear it by Christmas I need to pay 29.00 a day - eek!
Well done so far everyone x xPay Debt by Xmas 16 - 0/12000
There is something about the outside of a horse that is good for the inside of a man.0 -
Well done Spamjam for hitting your target :T and congratulations to Nickynoo for her new job as well :T
Welcome to the newbies good to have you on board I have added your name to the front page.
I have changed tact a bit on my debt as my credit card has come down quite a bit now and I am paying more interest on my catalogue so I am changing my efforts to that instead.Proud to be dealing with my debts - DFW No: 712
03/09/09 - DEBT FREE AT LAST
Racing Hypno to Save - £10/£50000 -
Great to hear your good news! :T Well done! :j Have you started your job yet?nickynoo08 wrote: »Yay i got a job!!!! Been looking for ages n never thought i was gonna get one this side of xmas. I'm sooo pleased as it now means that i should be able to have o/d cleared by xmas:j. then i'll only have my cat and visa to pay. Would love to clear my cat next cuz monthly payments are quite high, but my visa has intrest rate. I'm paying more than min payment but in 2 minds as to which will be best to focus my attentions on.
Keep up the good work everyone:DAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
5) SIPP £5K updated 10/10/250 -
Congrats on the new job
Debt Then 06.07 - £11,000 - Debt Now £0.00
DFD Aug 20110 -
morning
Sorry i've not been around not had much to add lately but paid off £50 this morning. Have had a couple good ebay sales so will pay that off card next week.0 -
I'm finally there Well, as of tomorrow morning when my mum gets paid
We are credit card free :j :jNo longer using this account for new posts from 20130 -
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Paid another £200 off my credit card. Only £43 to go!!! Should be able to pay that off sometime next week. That will be the end of my first challenge.Total (Aug 19):€58,567 Now:€26,947
DFD:Nov 22/June 22
Mortgage: €199,712
MFD: March 2042/July 20340 -
Yay, have reached my target in this challenge. Can't believe I have reached in with a month and a half to go. Usually I am a last minute person!
Am going to stay subscribed to this thread cos I want to see how well everyone else is doing. Thanks to everyone for their encouragement!Total (Aug 19):€58,567 Now:€26,947
DFD:Nov 22/June 22
Mortgage: €199,712
MFD: March 2042/July 20340 -
clearmydebts wrote: »Well done Gemmzie,
Is that you completely debt free now?
Nah my parents have a long road to go yet. We've just cleared the £7k we had on my mum's credit cards, my dad's are all in a DMP so lots to do yet!No longer using this account for new posts from 20130
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