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Pay a debt by Xmas 08

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Comments

  • Karb
    Karb Posts: 853 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Got paid at the weekend and paid off £160 yesterday.

    Just over £140 to go. £3 a day between now and Christmas will do it!
    Debt free since December 2015. It can be done


  • Gemmzie wrote: »
    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!

    Wow, that's very commendable helping your parents out. So are all your individual ones gone then? Well done on clearing the 7K. That's an excellent amount to get cleared. You must be delighted.
    Total (Aug 19):€58,567 Now:€26,947
    DFD:Nov 22/June 22
    Mortgage: €199,712
    MFD: March 2042/July 2034
  • Gemmzie
    Gemmzie Posts: 14,876 Forumite
    Wow, that's very commendable helping your parents out. So are all your individual ones gone then? Well done on clearing the 7K. That's an excellent amount to get cleared. You must be delighted.

    Yeah all the ones in my mum's name are clear. Thanks, I can't believe how much we've cleared this year :D Debt free is in sight!
    No longer using this account for new posts from 2013
  • Am delighted for you and look forward to reading your name on the debt free roll of honour!
    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
    well done to everyone who has reached their targets, and to all who are well on their way.

    i just wnted to pop in and say that i have reached my overpayment target on the egg loan. i will try to get it below £4000 before christmas, but that should be easy to do.

    good luck to all those still in the challenge!
    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!
  • Ive done my challenge and paid off my £900 overdraft, huge relief to have that clear :j

    As we still have two pay packets left until the new year, my challenge now is to clear a £1000 off CC
  • savingholmes
    savingholmes Posts: 29,051 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well done everyone - lots of people making fab progress....
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £172.5K Equity 36.11%
    2) £1.8K Net savings after CCs 13/9/25
    3) Mortgage neutral by 06/30 (AVC £26.8K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 32.6/£127.5K target 25.6% 13/9/25
    (If took bigger lump sum = 54.5K or 42.7%)
    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 £4.8K updated 13/9/25
  • Well done everyone.
    Barclaycard 3800

    Nothing to do but hibernate till spring






  • Karb
    Karb Posts: 853 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Done it. Final payment of £123.88 has cleared today, :T
    Now to start on my other cards!
    Debt free since December 2015. It can be done


  • Well done Karb!
    Total (Aug 19):€58,567 Now:€26,947
    DFD:Nov 22/June 22
    Mortgage: €199,712
    MFD: March 2042/July 2034
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