Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • muppets
    • By muppets 18th Dec 18, 1:24 PM
    • 1,034Posts
    • 6,526Thanks
    muppets
    Pay ALL your debt off by Xmas 2019
    • #1
    • 18th Dec 18, 1:24 PM
    Pay ALL your debt off by Xmas 2019 18th Dec 18 at 1:24 PM
    Welcome to Pay ALL Your Debt Off By Xmas 2019!

    Firstly I would like to welcome all new and existing members from last years thread.

    Anyone is welcome to join this challenge and it is NEVER too late. There is also no amount of money too small or too large that will stop you from joining this challenge. We have several members who will be on their debt journey for several years to come, but they are part of this thread to pay off a fixed amount of their debt as the support on here is fantastic!
    So, if you think you can pay off all your debts by Christmas or have a goal to pay off a certain amount then please join in!

    This challenge runs until 27th December 2019.



    To help me run this thread easily, could you please all post your totals in large text and in a bold colour and post the amount you have paid off // target amount

    It would also be a big help if you could also put with it your challenge number.
    i.e. another £50 paid off so now the total paid off for

    #001 is £315.43/£7685.67
    By the way, don't worry about working out your % paid as I can do that for you!


    Official MoneySavingExpert insert, 14 Jan:

    Want to join the challenge? Please post your debt amount on this thread and ask to join. Muppets will assign you a special number (eg, #001), which you'll then start all your posts with.

    You can also get help in the Debt free wannabe board and Debt Help guide.

    If you haven’t already, join the forum to join in the challenge.

    Good luck everyone and thanks to muppets for the original post!

    This Forum tip was included in MoneySavingExpert.com's weekly email!
    Last edited by Former MSE Andrea; 15-01-2019 at 4:07 PM.
    PAYDBX 2019 - #01 Pd £12,915.19 / £17,000 - 75.97%
    SPC12 #59
    MFiT-T5 #36
    3-6 mth EF #5
    Ä2,445 / 11,100
    Mortgage - PD 100,861.55/ 271,495.07 37.15% MF Aug 2038 Sept 2035
    My long slow journey to mortgage freedom
    My diary - Making a move on debt
Page 86
    • Snoopy14
    • By Snoopy14 22nd Nov 19, 7:51 PM
    • 15 Posts
    • 76 Thanks
    Snoopy14
    Hi,
    Have paid £170 off the barclaycard so
    Number 152 now at £5680/£9127.38 62.23%

    Well done everyone
    • xebruary
    • By xebruary 25th Nov 19, 9:34 PM
    • 45 Posts
    • 144 Thanks
    xebruary
    Minimum payments made for the month, with the intention of clearing some larger sums later.

    #173 Paid £30.07 = £3,220.60 / £5,938
    Last edited by xebruary; 25-11-2019 at 9:38 PM.
    • BlackCoffeeNoSugar
    • By BlackCoffeeNoSugar 26th Nov 19, 12:57 PM
    • 556 Posts
    • 2,468 Thanks
    BlackCoffeeNoSugar
    Sent £70 to the CC just now - £400 to go! Thatís just over 90% paid off

    #04 - £3,761 / £4,161
    Debt at Nov 2017: £8,619 Debt at Dec 2018: £4,161 Debt at Nov 2019: £0
    Look at you, reading all the small print in the signatures. Your hair is looking lovely today, have you had it cut? Suits you.
    • abba1772
    • By abba1772 27th Nov 19, 8:19 AM
    • 6,471 Posts
    • 26,397 Thanks
    abba1772
    Morning

    Sent £90 towards hubby's credit card

    Brings my total to £13179.28 / £10000
    NEXT TARGET HALIFAX WAS 17.01.20 £2830.48 NOW £2783.43
    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 £13208.18
    POAMAYC 2019 £13309.28
    POAMAYC 2020 £618.85
    • Purplemumof2
    • By Purplemumof2 27th Nov 19, 9:41 AM
    • 7,755 Posts
    • 30,180 Thanks
    Purplemumof2
    Morning,

    Payments made.

    #041 £5067.99/5604.30

    Doubtful that I will hit my target this year but I will get close.

    Pmo2
    xx
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    BC: £4100.00 Lloyds: £8000.00 OD £2000 MBNA: GONE
    Jan LTW 11/22 ~ Jan NSD 2/10
    PAYDBX 2020 #041 PD £40.00/£8000
    Xmas Pot £52.85/£500 ~ EF £280/£500
    20p Savers 2020 £2 Savers 2020 50p Savers 2020 SPC 13 2020 #003
    • Nicnak
    • By Nicnak 27th Nov 19, 7:34 PM
    • 2,710 Posts
    • 16,364 Thanks
    Nicnak
    Morning,

    Payments made.

    #041 £5067.99/5604.30

    Doubtful that I will hit my target this year but I will get close.

    Pmo2
    xx
    Originally posted by Purplemumof2
    very close indeed!!
    September 6th 2017 - Updated December 2019
    Credit Card £0 now: £0 Consolidation £15,000 = £7,365 Total = £25,330 £7,365 71% gone EMF #252 = £1100/£1000
    Pay off all your debts by Christmas #071

    Decluttering target 405/365 items
    • BlackCoffeeNoSugar
    • By BlackCoffeeNoSugar 28th Nov 19, 7:19 AM
    • 556 Posts
    • 2,468 Thanks
    BlackCoffeeNoSugar
    Itís payday, so Iíve sent £80 to the CC

    #04 - £3,841 / £4,161
    Debt at Nov 2017: £8,619 Debt at Dec 2018: £4,161 Debt at Nov 2019: £0
    Look at you, reading all the small print in the signatures. Your hair is looking lovely today, have you had it cut? Suits you.
    • BlackCoffeeNoSugar
    • By BlackCoffeeNoSugar 29th Nov 19, 10:15 AM
    • 556 Posts
    • 2,468 Thanks
    BlackCoffeeNoSugar
    Final £320 payment made - I’m debt free

    #04 - £4,161 / £4,161
    Debt at Nov 2017: £8,619 Debt at Dec 2018: £4,161 Debt at Nov 2019: £0
    Look at you, reading all the small print in the signatures. Your hair is looking lovely today, have you had it cut? Suits you.
    • abba1772
    • By abba1772 29th Nov 19, 2:30 PM
    • 6,471 Posts
    • 26,397 Thanks
    abba1772
    Final £320 payment made - Iím debt free

    #04 - £4,161 / £4,161
    Originally posted by BlackCoffeeNoSugar

    Fantastic well done
    NEXT TARGET HALIFAX WAS 17.01.20 £2830.48 NOW £2783.43
    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 £13208.18
    POAMAYC 2019 £13309.28
    POAMAYC 2020 £618.85
    • BlackCoffeeNoSugar
    • By BlackCoffeeNoSugar 29th Nov 19, 10:14 PM
    • 556 Posts
    • 2,468 Thanks
    BlackCoffeeNoSugar
    Fantastic well done
    Originally posted by abba1772
    Thank you Abba, I took a lot of inspiration from your constant debt-busting, you've done incredibly well
    Debt at Nov 2017: £8,619 Debt at Dec 2018: £4,161 Debt at Nov 2019: £0
    Look at you, reading all the small print in the signatures. Your hair is looking lovely today, have you had it cut? Suits you.
    • bestlifenow
    • By bestlifenow 30th Nov 19, 8:19 AM
    • 236 Posts
    • 1,064 Thanks
    bestlifenow
    Final £320 payment made - Iím debt free

    #04 - £4,161 / £4,161
    Originally posted by BlackCoffeeNoSugar
    Congratulations BlackCoffeeNoSugar

    Well done :
    January 2020 Make £5 a day £0/£155 NSD 0/20 AFD 0/31 Lose lbs 0/4
    • arc_cutter
    • By arc_cutter 1st Dec 19, 8:32 AM
    • 68 Posts
    • 507 Thanks
    arc_cutter
    Good morning All,

    just to say #03 made £300 in payments in November.
    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%
    • abba1772
    • By abba1772 2nd Dec 19, 7:55 AM
    • 6,471 Posts
    • 26,397 Thanks
    abba1772
    Morning

    Sent £28.90 towards the Halifax

    Brings my total to £13208.18 / £10000
    NEXT TARGET HALIFAX WAS 17.01.20 £2830.48 NOW £2783.43
    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 £13208.18
    POAMAYC 2019 £13309.28
    POAMAYC 2020 £618.85
    • Deni debt-free dreamer
    • By Deni debt-free dreamer 3rd Dec 19, 10:34 PM
    • 344 Posts
    • 3,487 Thanks
    Deni debt-free dreamer
    Hi everyone
    Not posted for ages but have been paying debt
    #96 now at £3265/£4500
    Hoping to pay off a bit more before Christmas
    Deni
    x
    Pay ALL your debt off by Xmas 2020 #96
    Total CCs £0.00/3,550

    £2 savers club 33

    NST Jan Questor #24
    • Nicnak
    • By Nicnak 4th Dec 19, 7:31 PM
    • 2,710 Posts
    • 16,364 Thanks
    Nicnak
    071 = £9910/£10,000 = 99%.

    Just need to find £90 now before 1st January!
    September 6th 2017 - Updated December 2019
    Credit Card £0 now: £0 Consolidation £15,000 = £7,365 Total = £25,330 £7,365 71% gone EMF #252 = £1100/£1000
    Pay off all your debts by Christmas #071

    Decluttering target 405/365 items
    • Honeysucklelou2
    • By Honeysucklelou2 5th Dec 19, 6:59 AM
    • 2,280 Posts
    • 12,136 Thanks
    Honeysucklelou2
    Made a payment of £30 so new total is

    #93 £1241.29/£10,100
    paydbx2020 #93 £120.00/£10,025 . 1 debt 100 days 34. £0/£995
    EF £40. SPC 141

    # savings# £5 . Oven. £3/ £403 Health EF 0/£250
    • cybertortoise
    • By cybertortoise 5th Dec 19, 1:24 PM
    • 144 Posts
    • 1,036 Thanks
    cybertortoise
    Sorry for my lack of check ins, this year has flown by!

    By the end of this year I will have paid £3832.60 of my £4000 target. That's 95.8%. Although I'd have liked to make 100%, I'm so happy with this. I aim to pay off all of my debts in 2020, I have £9653.06 left to pay. It's the first time I have had less than £10k debt in years.
    Fresh start & LBM #3: 29.08.17 ~ Debt at highest: £23,583.27 ~ 26/12/18: £13,389.66 ~ 05.12.2019: £9653.06 ~ DFD aim: 31/12/2021 31/12/2020 ~ PAYDOB 2019 #32 : £3832.60/£4000 = 95.8% ~ 2019 1% Challenge #2: 95.8% (£4000 target) ~ Frugal Living Challenge 2020
    • abba1772
    • By abba1772 5th Dec 19, 6:40 PM
    • 6,471 Posts
    • 26,397 Thanks
    abba1772
    Thank you Abba, I took a lot of inspiration from your constant debt-busting, you've done incredibly well
    Originally posted by BlackCoffeeNoSugar

    So sorry I missed this post

    Thank you.......it's been a tough slog but hoping by the end of 2020 all we will have is the finance on the car and that's it xx

    Determined for sure xx
    NEXT TARGET HALIFAX WAS 17.01.20 £2830.48 NOW £2783.43
    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 £13208.18
    POAMAYC 2019 £13309.28
    POAMAYC 2020 £618.85
    • Nicnak
    • By Nicnak 5th Dec 19, 7:13 PM
    • 2,710 Posts
    • 16,364 Thanks
    Nicnak
    071 paid another £40. That's 9950/10k so 99.5%.

    x
    September 6th 2017 - Updated December 2019
    Credit Card £0 now: £0 Consolidation £15,000 = £7,365 Total = £25,330 £7,365 71% gone EMF #252 = £1100/£1000
    Pay off all your debts by Christmas #071

    Decluttering target 405/365 items
    • Jami74
    • By Jami74 5th Dec 19, 11:16 PM
    • 390 Posts
    • 392 Thanks
    Jami74
    I'm very late to the party!

    I remember looking in on this thread in January and snorting, there was no way I'd be able to pay everything off within a year. In fact some of my debt I wasn't even counting as debt.

    But through the year I managed to reduce outgoings so the debt stopped growing and started shrinking, and then in August I got a new job.

    Extra earnings and strict budgeting paid off a loan, leaving only a small amount of £825.

    My plan is to pay it off on Christmas Eve (after I've finished 2019 spending). My spending credit cards are paid off in full every month, but I'm also planning to make payments towards them so I can start the New Year literally owing nothing.


    Paid £5,524.85/£6,349.85

    87% paid
    Mature student 2011-2016
    Professional
    Debt Free: 01/01/2020
    Save £9.6k in 2020 - #30 £305.50/£9,600
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,061Posts Today

9,901Users online

Martin's Twitter