Pay ALL your debt off by Xmas 2019

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Comments

  • debtfree2019
    debtfree2019 Posts: 22 Forumite
    First Post First Anniversary
    I've finally got rid of my flaming Capital One account. Oh, it feels so good! :j
    My next aim is to clear the On Stride loan - hopefully get that cleared by Xmas.



    :beer:
    366 Day 1p Challenge 2020 - £13.41 saved
  • dreamingofmoney
    dreamingofmoney Posts: 430 Forumite
    First Post First Anniversary
    Another plodder here, also not posted for a while, apologies for that. Have still been tackling debts but just not got round to posting, anyway updated figures are No.82 £7704.90/£13000
    Many thanks
    Debt free date May 20. Now the Mortgage1 £53862.45/£ 0% starting daily interest £4.48/£
    Jan GC £400/£Out of the water Feb £400/£
  • [Deleted User]
    [Deleted User] Posts: 0 Forumite
    First Anniversary Name Dropper Photogenic First Post
    Bit the bullet and sent £10 to my CC to round it down to £1,800. Would have loved to send more to take it into the next hundred marker but will have to wait until after payday :)

    So I’m now sitting at £2,361 paid off, inching closer!

    #04 - £2,361.28 / £4,161
  • abba1772
    abba1772 Posts: 7,746 Forumite
    First Anniversary Name Dropper First Post Car Insurance Carver!
    Morning :hello:

    Sent £9.74 towards my very account

    This will be the last payment til Friday as skinto

    Brings my total to £7732.74 / £10000
    NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12
    POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.05
  • xebruary
    xebruary Posts: 45 Forumite
    Some good news and bad news this month.

    Bad news: I was very naughty and opened a PayPal credit account. I've put a £113 ferry ticket on it which will be interest-free over the next four months.

    Good news: I have cleared the last of the MBNA account with a 5p payment, and ramped up the payments on the Tesco account with another £81 paid. My savings account matured and gave me £40 of interest.

    Coupled with the first £30 paid off the PayPal, this means:

    #173 Paid £111.05 = £2,781.18 / £5,913
  • Whatshername
    Whatshername Posts: 112 Forumite
    Last £250 paid this morning so I am now officially debt free :money::j:j:beer:
    I am so thrilled as I haven't been in this position for at least 16 years whoop whoop.

    Thank you to all you lovely people for inspiration and motivation along the way. Xxxxx
    #030 Sealed Pot 2019 Challenge - Declare 31st Oct
    #064 Pay debts by Xmas 2019 Challenge - £3390/ £3390 :money:
    #015 £2 savers club 2019 - target £200
  • mark55man
    mark55man Posts: 7,924 Forumite
    Name Dropper First Post First Anniversary
    well done, what an achievement - + you are even more up than debt free, what with your savers and sealed pots
    I think I saw you in an ice cream parlour
    Drinking milk shakes, cold and long
    Smiling and waving and looking so fine
  • arc_cutter
    arc_cutter Posts: 82 Forumite
    Hi all,

    Not updated for a few months too many things going on kept on top of the payments. Since last update #03 with a payments of £750.00.
    DFXMAS 2015 Total £4893.66 / £21,197.29 /23.08%
    DFXMAS 2016 Total £3783.97 / £17626.13 /21.46%
    DFXMAS 2017 Total £3902.37 / £18927.72 /20.62%
    DFXMAS 2018 Total £4746.36 / £18528.62 /25.62%
    DFXMAS 2019 Total £3650 /£17568.99/20.78%
  • MaggieMcV
    MaggieMcV Posts: 3 Newbie
    Hi, I know its a bit late in the year but can I join you all? Had a LBM a few days ago and have had a complete change of mindset re: spending so I guess that's a good start. Outstanding debt currently stands at 24,000 but is all in one place with a relatively low rate of interest (about 3.5%).

    I've changed phone/broadband supplier and saved nearly £20 a month, have already reduced gas/elec by lecturing teenagers and banning baths (which should also have a positive knock-on regarding horrendous water rates). I sent back my car which was on PCP and bought a cheap run-around and am doing a car boot sale to get rid of a load of stuff this weekend. I've also signed up to a cash-back card which gives money back on my weekly shopping bill (only 2.5% but every little helps right?). Fortunately I'm in a position to do overtime too, so I'm planning to do at least 2 extra shifts a month which should be sustainable without killing me off.

    Obviously I'm not going to shift the debt by Christmas but I'm going to set myself a tentative £2,000 target. I'm hoping that getting it all down on here and belonging to the group will keep me motivated when it all becomes a little less exciting!

    Long term I'd like to clear the lot within 4 years...
  • Steameh
    Steameh Posts: 369 Forumite
    Name Dropper First Anniversary First Post
    Welcome MaggieMcV.

    Looks like you're making the right changes to get this sorted...

    I always find checking back in here to look at your progress, or even paying a small amount towards the debt helps keep things positive.
    EMERGENCY FUND CHALLENGE - £2,292.05 / £6000

    DEBT FREE DATE - 16/02/2021
    Pay Debt by Xmas 2021 - No.134 - £2,871.64 / £2,871.64 - 100% Paid
    Pay Debt by Xmas 2020 - No.134 - Target: £7,985 / Achieved: £5,113.36
    Pay Debt by Xmas 2019 - No.134 - Target: £15,985.00 / Achieved: £8,000
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