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  • FIRST POST
    • muppets
    • By muppets 4th Dec 17, 4:17 AM
    • 788Posts
    • 5,520Thanks
    muppets
    Pay ALL your debt off by Xmas 2018
    • #1
    • 4th Dec 17, 4:17 AM
    Pay ALL your debt off by Xmas 2018 4th Dec 17 at 4:17 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 2017 - #01 Pd 10,446.83 / 11,000 - 94.97%
    SPC10 #93
    MFiT-T4 #9
    3-6 mth EF #69
    4,300 / 15,000 Wombles #24 = 540.20
    Mortgage - PD 86,136.83/ 271,495.07 31.72% MF Aug 2038 Sept 2035
    My long slow journey to mortgage freedom
    My diary - Making a move on debt
Page 59
    • spudsmum
    • By spudsmum 7th May 18, 7:28 PM
    • 278 Posts
    • 1,585 Thanks
    spudsmum
    #22 checking in with another 13.50 paid off MBNA

    Now 754/5000
    Total debts 21050! now 19482.62. 1% challenge 1206.50/15000 (8.05%) Total extra income made in 2018 2304.57 frugal budget 2018 4612/5600 Aiming for debt free at 40 - only 25 months to go!
    • sunshine81
    • By sunshine81 7th May 18, 8:32 PM
    • 1,107 Posts
    • 5,862 Thanks
    sunshine81
    #145 8314.67 / 19261 (43.17%)
    • sunshine81
    • By sunshine81 8th May 18, 12:00 PM
    • 1,107 Posts
    • 5,862 Thanks
    sunshine81
    #145 8349.67 / 19261 (43.35%)
    • Lottie_Clark
    • By Lottie_Clark 8th May 18, 3:45 PM
    • 86 Posts
    • 597 Thanks
    Lottie_Clark
    Afternoon all!
    Some excellent news - I managed to sell my car at the end of last month so that, tied with my wages, meant I could bust some debt for May!
    Managed to pay off the Barclaycard CC and the TV debt (sig updated)! All debt I now have is with people so (currently) at no interest.
    Still need to keep chipping away but should mean each payday I can put aside what I was originally throwing at the CC and pay off each personal debt as I save!
    Got all manner of weekend events/family celebrations/weddings etc. throughout May and June so going to keep an eye on the pennies to cover those and then get down to debt-busting!

    Hope everyone else is doing well - and enjoyed the gorgeous Bank Holiday! Much support and best wishes,
    L. xx

    #113 1448.08/ 12,859.08 11.3%
    DFW: DFWXMAS2018 #113 2,968.08/ 12,859.08 23%
    (Barclaycard 876.08/ Mum 345 / Sofa 1231 / TV 572 / House Account 2480 / OH 3700 / Folks 1175)
    • AdventureWanted
    • By AdventureWanted 8th May 18, 7:06 PM
    • 585 Posts
    • 1,735 Thanks
    AdventureWanted
    #29 checking in with 5,726.60 / 12,500
    • Megano
    • By Megano 8th May 18, 8:56 PM
    • 266 Posts
    • 1,167 Thanks
    Megano
    036) Paid 143.21 towards the CC
    Virgin Money 150/1663.90
    TSB 1292.8/2554.50
    BOM 400/930
    Tesco 150/1605
    Total 1992.80/6753.4 29.50%
    • Calling14
    • By Calling14 9th May 18, 1:37 PM
    • 2,724 Posts
    • 19,813 Thanks
    Calling14
    Happy Humpday.

    200 off for me today

    #16 2440/5552.

    Keep going folks x
    LBM 13039 1.1.13 Start 2018 5552 NOW 1912
    EEK house repairs pushed it back up end of last yr

    PAYDBX 2018 #16 3639/5552 DFD 12/18
    E
    Fund #9 120/1,000
    1 x 100 days challenge
    2374/2550

    • briekenberry
    • By briekenberry 9th May 18, 4:49 PM
    • 2 Posts
    • 5 Thanks
    briekenberry
    Can I join please?
    I'm aiming to pay off 5804
    So far I've paid off 205
    Works out at about 3%

    205/5804

    Thank you ~
    • sunshine81
    • By sunshine81 9th May 18, 10:51 PM
    • 1,107 Posts
    • 5,862 Thanks
    sunshine81
    #145 8353.64 / 19261 (43.37%)
    • FrankieM
    • By FrankieM 10th May 18, 6:47 AM
    • 1,998 Posts
    • 18,130 Thanks
    FrankieM
    Morning

    I realised yesterday that I could make over payments on my loan. I've been saving the 'extra payments', thinking I needed to make a final early payment.

    That discovery has made me very happy cause it means I can see the damage my payments are going to be making.

    So I paid the money I'd been saving off the loan yesterday. It hasn't shown up yet. I'm not sure how long that takes so I'll give the bank a call and ask. But it's all very exciting.
    Pay off Debt by Christmas 2018 #59
    13,406.26/ 8,464.66
    Frugal Living Challenge 2018
    • spudsmum
    • By spudsmum 10th May 18, 2:28 PM
    • 278 Posts
    • 1,585 Thanks
    spudsmum
    #22 checking in with another 13.50 paid off MBNA

    Now 754/5000
    Originally posted by spudsmum
    #22 checking in with another 10 off MBNA

    Now 764/5000
    Total debts 21050! now 19482.62. 1% challenge 1206.50/15000 (8.05%) Total extra income made in 2018 2304.57 frugal budget 2018 4612/5600 Aiming for debt free at 40 - only 25 months to go!
    • Robi90
    • By Robi90 10th May 18, 3:55 PM
    • 48 Posts
    • 238 Thanks
    Robi90
    104 - 96.16 paid towards my Personal Loan
    Aiming to be debt free by 31/12/2018

    No Buying Unnecessary Toiletries April 2018
    1 debt vs 100 days chapter 29
    Pay ALL your debt off by Xmas 2018
    Frugal Living 2018
    • sunshine81
    • By sunshine81 10th May 18, 9:40 PM
    • 1,107 Posts
    • 5,862 Thanks
    sunshine81
    #145 8478.64 / 19261 (44.02%)
    • spudsmum
    • By spudsmum 10th May 18, 10:36 PM
    • 278 Posts
    • 1,585 Thanks
    spudsmum
    #22 checking in with another 10 off MBNA

    Now 764/5000
    Originally posted by spudsmum

    And again with another payment of 11.50

    #22 now at 775.50/5000
    Total debts 21050! now 19482.62. 1% challenge 1206.50/15000 (8.05%) Total extra income made in 2018 2304.57 frugal budget 2018 4612/5600 Aiming for debt free at 40 - only 25 months to go!
    • LionessInWinter
    • By LionessInWinter 11th May 18, 1:03 PM
    • 397 Posts
    • 2,420 Thanks
    LionessInWinter
    #9 with a 600 Payment, new total paid 5200 out of 5600 and hoping to pay the balance off by the end of the month.

    It's so close and can't wait to actually start saving.
    PAYDBX18- #9 5600/5600 consists of 3800/3800 credit card and 1800/ 1800 car
    2018 - 1% challenge #14, each 1% is 56 - paid 100%
    • sunshine81
    • By sunshine81 12th May 18, 6:45 AM
    • 1,107 Posts
    • 5,862 Thanks
    sunshine81
    #145 8498.64 / 19261 (44.12%)
    • Nicnak
    • By Nicnak 13th May 18, 8:16 AM
    • 925 Posts
    • 5,171 Thanks
    Nicnak
    Another 775 for me
    #71

    That's 3486 of 10,000 = 35%. Ideally would be at 50% for June, not sure I will be, but we can see and time will tell. Trying so hard to build this up. x
    September 6th 2017 - Updated 13th May 2018
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 13,855 Total = 25,330 13,855 43% gone EMF #252 = 700/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • motivated
    • By motivated 13th May 18, 8:18 AM
    • 2,227 Posts
    • 4,441 Thanks
    motivated
    Hi all

    Monthly update from me

    @31 currently at 2885.52/5000

    Well done everyone
    • a_silver_lining
    • By a_silver_lining 13th May 18, 1:42 PM
    • 256 Posts
    • 694 Thanks
    a_silver_lining
    I decided to make a payment early as I was itchy waiting for the direct debit date. 150 straight to the family member, so offiacally at:

    50% 5000/10,000.

    250 will still leave my account this month, but so great to know I'm half way there. I needed the feeling of hitting half way to give me a nudge.

    Right, back to studying.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1800 savings --- Family Loan (3400 direct + 2250 saver + 132.58 saver 2) 5782.58/10K paid 57.8%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • RandomGuy235
    • By RandomGuy235 13th May 18, 6:57 PM
    • 18 Posts
    • 45 Thanks
    RandomGuy235
    Not a big month for me because I have commitments for this month and next month.

    #086 - 637.56/1,165 (55%)
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