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 4th Dec 17, 3:17 AM
    • 987Posts
    • 6,311Thanks
    muppets
    Pay ALL your debt off by Xmas 2018
    • #1
    • 4th Dec 17, 3:17 AM
    Pay ALL your debt off by Xmas 2018 4th Dec 17 at 3:17 AM
    Welcome to PART 1 OF Pay ALL Your Debt Off By Xmas 2018!

    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 2018.



    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!
    PAYDBX 2019 - #01 Pd £10,252.12 / £17,000 - 60.31%
    SPC12 #59
    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 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 67
    • AdventureWanted
    • By AdventureWanted 29th Jun 18, 7:29 AM
    • 1,193 Posts
    • 4,133 Thanks
    AdventureWanted
    Payday for me today, so I've paid £325 off CC2. This payment has taken the balance of CC2 to £0! Now to start on CC3..

    #29 Pd £8,625.60 / £12,500
    • limars19
    • By limars19 29th Jun 18, 9:16 AM
    • 14 Posts
    • 49 Thanks
    limars19
    goodmorning
    i am number 45 , have not posted for ages because of health issues but am plodding very slowly through, started the year owing £7802 have just made some payments today and now owe £4778 so have paid off £3024 .ITS SLOWER THAN I EVER EXPECTED BUT STILL GOING DOWN . bare with me .
    • onedaysomeday
    • By onedaysomeday 29th Jun 18, 11:13 AM
    • 560 Posts
    • 827 Thanks
    onedaysomeday
    i am number 45 , have not posted for ages because of health issues but am plodding very slowly through, started the year owing £7802 have just made some payments today and now owe £4778 so have paid off £3024 .ITS SLOWER THAN I EVER EXPECTED BUT STILL GOING DOWN . bare with me .
    Originally posted by limars19
    Over £3k since the start of the year is amazing, well done x
    Just trying to make up for past mistakes and work towards the future I want
    • fire-wannabe
    • By fire-wannabe 29th Jun 18, 12:51 PM
    • 104 Posts
    • 537 Thanks
    fire-wannabe
    #46 with a payment of £10, please Muppets
    Pay ALL your debt off by Xmas 2019 #46 £100/£4500
    • Calling14
    • By Calling14 29th Jun 18, 1:14 PM
    • 2,875 Posts
    • 20,672 Thanks
    Calling14
    Still here £66 paid off for me today

    #16 2919/5552


    Thanks muppets
    LBM 13039 1.1.13 Now Jan 2019 £2157/£5457

    PAYDBX 2019 #16 £2157/5457 £3300 to go
    EFund #9 £100/£1,000
    1 x 100 days challenge no 32
    £934/1700

    • spudsmum
    • By spudsmum 29th Jun 18, 2:02 PM
    • 455 Posts
    • 2,585 Thanks
    spudsmum
    Another £13 to MBNA

    #22 now at £1058/£5000
    Originally posted by spudsmum
    Another £39 to MBNA

    #22 now at £1097/£5000
    Total debts £21050! now £17461.86 . 1% challenge £218/£4000 (5%) Total extra income made in 2018 £3580.79 2019 £367.20 frugal budget 2019 £82.96/£600 Aiming for debt free at 40 - only 20 months to go!
    • LLM2018
    • By LLM2018 29th Jun 18, 2:23 PM
    • 128 Posts
    • 454 Thanks
    LLM2018
    #78 checking in with an update of £1094 paid off. Making better progress this month due to a tax rebate. Almost halfway there.

    #78 PAYDBX '19 £1880/3880 paid
    #54 SPC 12 Opening 31st Oct 2019
    • CreditCardJunkie
    • By CreditCardJunkie 29th Jun 18, 9:15 PM
    • 194 Posts
    • 583 Thanks
    CreditCardJunkie
    Pay day today!
    #076 £1340/£3490

    Finally feel like I'm starting to make a dent
    • a_silver_lining
    • By a_silver_lining 29th Jun 18, 9:24 PM
    • 486 Posts
    • 1,684 Thanks
    a_silver_lining
    #81 5500/10000 55% paid

    Late checking in but another £250 paid off.... chipping away.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.
    10K OP 31.03.19

    Current goal: 1,145.76/5K in selling home expenses!
    • limars19
    • By limars19 29th Jun 18, 10:21 PM
    • 14 Posts
    • 49 Thanks
    limars19
    thank you for the encouriging words
    • greent
    • By greent 29th Jun 18, 10:22 PM
    • 8,105 Posts
    • 82,326 Thanks
    greent
    Final June Update for #15
    Further payment made this month of £459.52, so total paid this month now is £5049.92 - meaning YTD total is £18918.90/ £18918.90 (100%) for #15


    Now Debt free!!!


    Running update:

    (OH) VW 9580 - repay all/ June paid 0/ YTD Paid 9580
    (me) HMRC 565.40 - repay all / June Paid 0/ YTD paid 565.40
    (OH) PO CC 3339 - repay all / June Paid 0/ YTD paid £3339 (100%)
    (me) Hlfx CC 5209.98 - repay all / June Paid 4825/ YTD paid £5209.98 (100%)
    (jt) Tax Cr 224.52 - repay all / June paid 224.52/ YTD paid 224.52 (100%)
    Totals: 18918.90 / Mth paid £5049.92/ YTD paid 18918.90(100%)

    Whoop! I did it!
    Last edited by greent; 30-06-2018 at 9:23 AM.
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) 01/09 £124616 01/10 £104927 01/11 £89873 01/12 £76317 01/13 £52546 01/14 £35356 01/15 £12133 07/15 £NIL
    BTL Mtge 12/16 £69786 12/18 £54829 2019 OPs (#18) £1972.10/£5K
    Net sales 2019 £173.62/£500
    • mossy
    • By mossy 30th Jun 18, 3:36 PM
    • 1,142 Posts
    • 8,199 Thanks
    mossy
    Now Debt free!!!
    Originally posted by greent
    Congratulations!!!
    Saving for Disney again ...to big a target to face up to yet!
    Emergency Fund Savings - #148 - £10/£1000 1%
    #083 SPC6 £63 - SPC7 £90 - SPC8 £63 - SPC9 £54 - SPC10 £26 - SPC12
    • sunshine81
    • By sunshine81 1st Jul 18, 12:51 PM
    • 1,413 Posts
    • 7,246 Thanks
    sunshine81
    Congratulations greent!!!! Must be an amazing feeling, can't wait to join you on the debt free list!

    #145 £10,125.77 / £19,261 (52.57%)
    • greent
    • By greent 1st Jul 18, 4:11 PM
    • 8,105 Posts
    • 82,326 Thanks
    greent
    Thanks mossy & sunshine! xx
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) 01/09 £124616 01/10 £104927 01/11 £89873 01/12 £76317 01/13 £52546 01/14 £35356 01/15 £12133 07/15 £NIL
    BTL Mtge 12/16 £69786 12/18 £54829 2019 OPs (#18) £1972.10/£5K
    Net sales 2019 £173.62/£500
    • sunshine81
    • By sunshine81 2nd Jul 18, 8:05 PM
    • 1,413 Posts
    • 7,246 Thanks
    sunshine81
    #145 £10,167.50 / £19,261 (52.79%)
    • FrankieM
    • By FrankieM 3rd Jul 18, 5:22 AM
    • 2,256 Posts
    • 20,828 Thanks
    FrankieM
    Just normal monthly payment for me this month

    I've paid off £4,941.60 from my original total. Slow and steady at the moment, it seems.
    • AdventureWanted
    • By AdventureWanted 3rd Jul 18, 7:11 AM
    • 1,193 Posts
    • 4,133 Thanks
    AdventureWanted
    #29 Pd £8,632.60 / £12,500
    • a_silver_lining
    • By a_silver_lining 3rd Jul 18, 11:13 AM
    • 486 Posts
    • 1,684 Thanks
    a_silver_lining
    #81 £150 more debt repaid, so at £5650/10k 56.5% repaid.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.
    10K OP 31.03.19

    Current goal: 1,145.76/5K in selling home expenses!
    • sunshine81
    • By sunshine81 3rd Jul 18, 8:18 PM
    • 1,413 Posts
    • 7,246 Thanks
    sunshine81
    #145 £10,190.41 / £19,261 (52.91%)
    • kazzie_m
    • By kazzie_m 4th Jul 18, 8:56 AM
    • 27 Posts
    • 77 Thanks
    kazzie_m
    £432.10 paid this month

    #62 is £3696.78 / £7000
    Aiming to be debt free by Christmas 2018!
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

1,724Posts Today

8,669Users online

Martin's Twitter
  • RT @thismorning: As a ban on rip-off bank fees is announced, @MartinSLewis explains if you can reclaim, and how to cut your overdraft costs?

  • RT @justinbones: Just looking at how the bad weather may be impacting business and the economy. Thankfully someone has already looked at th?

  • RT @bbc5live: .@MartinSLewis joins @EmmaBarnett from midday to answer your money saving questions. ???? 08085 909 693 ???? 85058 Or post your q?

  • Follow Martin