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  • FIRST POST
    • muppets
    • By muppets 4th Dec 17, 4:17 AM
    • 822Posts
    • 5,601Thanks
    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 2018 - #01 Pd £8,305.57 / £10,500 - 79.10%
    SPC10 #93
    MFiT-T4 #9
    3-6 mth EF #69
    €4,300 / 15,000
    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 60
    • E11ie
    • By E11ie 13th May 18, 9:03 PM
    • 47 Posts
    • 292 Thanks
    E11ie
    #114 checking in with the proceeds of some eBay sales paid towards the debt, new total £5432 / £5596
    Total debts £6471.03 / £6261 all currently on 0% interest
    Make £2018 in 2018 = £1010
    Focus on 1% challenge = £64.50
    • sunshine81
    • By sunshine81 15th May 18, 10:02 PM
    • 1,322 Posts
    • 6,661 Thanks
    sunshine81
    #145 £8630.64 / £19261 (44.81%)
    • abba1772
    • By abba1772 16th May 18, 7:43 AM
    • 5,332 Posts
    • 19,377 Thanks
    abba1772
    Hi guys

    Sent £70 towards the Halifax only minimum payment but it'll be getting tackled properly in July xx

    Brings my total to £4152.74 / £6000
    NEXT TARGET HALIFAX CC WAS July 18 £5493.20 NOW £0
    POAMAYC 2011 £6382.66 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 £12108.89
    • AdventureWanted
    • By AdventureWanted 16th May 18, 7:52 AM
    • 854 Posts
    • 2,428 Thanks
    AdventureWanted
    #29 checking in with £6,255.60 / £12,500
    • spudsmum
    • By spudsmum 16th May 18, 1:52 PM
    • 337 Posts
    • 1,810 Thanks
    spudsmum
    And again with another payment of £11.50

    #22 now at £775.50/£5000
    Originally posted by spudsmum

    Another £24 to MBNA

    #22 now at £799.50/£5000
    Total debts £21050! now £18934.52 . 1% challenge £1641.25/£15000 (10.94%) Total extra income made in 2018 £2544.79 frugal budget 2018 £6253/£7600 Aiming for debt free at 40 - only 24 months to go!
    • greent
    • By greent 18th May 18, 8:28 PM
    • 7,525 Posts
    • 76,437 Thanks
    greent
    May Check in for No 15
    Cleared another debt this month

    MAY FIGURES: total paid this month is £1060.98 - meaning YTD total is £13869.38/ £18694.38 (74.2%) for #15

    Running update:

    (OH) VW 9580 - repay all/ May paid 0/ YTD Paid 9580
    (me) HMRC 565.40 - repay all / May Paid 0/ YTD paid 565.40
    (OH) PO CC 3339 - repay all / May Paid 900.00/ YTD paid £3339 (100%)
    (me) Hlfx CC 5209.98 - repay all / May Paid 160.98/ YTD paid £384.98 (7.4%)
    Totals: 18694.38 / Mth paid £1060.98/ YTD paid 13869.38 (74.2%)

    Just the Hfx CC left now and have around £100 towards it so far for June - it WILL be gone this year!

    Also haven't had anything through from Tax Credits as to whether I owe them money - must get paperwork together and phone them.... argh!
    Last edited by greent; 19-05-2018 at 7:56 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. 2018 OPs (#18) £7127.06/£7500
    Net sales 2018 £721.53/£1000 PAYDOX18 (#15) Done £18918.90
    • Bigdreams82
    • By Bigdreams82 18th May 18, 9:45 PM
    • 8 Posts
    • 35 Thanks
    Bigdreams82
    4245/10,000

    No 75.
    • sunshine81
    • By sunshine81 19th May 18, 7:39 AM
    • 1,322 Posts
    • 6,661 Thanks
    sunshine81
    #145 £8830.64 / £19261 (45.85%)
    • supersaver1000
    • By supersaver1000 19th May 18, 6:57 PM
    • 2,110 Posts
    • 13,214 Thanks
    supersaver1000
    Getting really itchy feet about posting again although I've absolutely nothing to report since last time - sorry everyone.

    But I had a sort out this morning and listed a load of stuff on fleabay, fingers crossed it sells. Also have some jewellery I should sell as I never wear it. That would go straight to the debt.

    So I can only report what I already reported a couple of weeks ago:

    #98 paid £2565/£7565 (so £5000 left).
    1 x cc left : Flylady : Grocery club member : Old Style Weightloss lurker
    It's not getting what you want, it's wanting what you've got

    Need to rejoin the Grocery Budget thread - Completely Debt-free by April 2019 Jan 2019
    • Blackberrycurved
    • By Blackberrycurved 19th May 18, 7:53 PM
    • 96 Posts
    • 648 Thanks
    Blackberrycurved
    Number 17
    i haven't been here for a while but I will try to sort my figures out tonight. I'm struggling since Halifax started charging daily rate for overdrafts. I used to pay about £30 a month and I was chipping away at it. Over the last few months I've paid £57 for the same agreed overdraft I've never gone over it, any ideas how to sort it. I can't afford to pay it off it's £1700 and I got it down to average £1400 now it's back up.
    Blackberry Curved debt free 2018 Number 17 £2961/£11,000
    Save for Christmas Number 19 £90 /£365
    1% challenge Number 7 £70/£110
    • spudsmum
    • By spudsmum 19th May 18, 11:15 PM
    • 337 Posts
    • 1,810 Thanks
    spudsmum
    Another £24 to MBNA

    #22 now at £799.50/£5000
    Originally posted by spudsmum

    Another £13 to MBNA

    #22 now at £812.50/£5000
    Total debts £21050! now £18934.52 . 1% challenge £1641.25/£15000 (10.94%) Total extra income made in 2018 £2544.79 frugal budget 2018 £6253/£7600 Aiming for debt free at 40 - only 24 months to go!
    • swimminginaseaofdebt
    • By swimminginaseaofdebt 20th May 18, 7:54 AM
    • 821 Posts
    • 5,107 Thanks
    swimminginaseaofdebt
    Morning everyone,

    I settled one of my accounts with a 65% discount so #150s updated total is £4149.05/£2018.

    I've still got 3 credit cards to pay off so I'll keep going with the challenge but I'm not going to set a new target as I also need to rebuild my emergency fund (used it settle the said account) which will take priority.
    Last edited by swimminginaseaofdebt; 20-05-2018 at 7:56 AM.
    SPC11 #564 - £186.83
    SPC12 #564 - In Progress
    • LionessInWinter
    • By LionessInWinter 20th May 18, 6:24 PM
    • 397 Posts
    • 2,423 Thanks
    LionessInWinter
    Finally Did It
    #9 checking in to say, we finally did it , £5600 paid out of £5600

    That's only the amount this year, the highest was somewhere in the upper to mid £30k a few years ago. After countless years going up and down in debt but never getting that far, it's done, and we even have some savings. We are in our mid/late 40s and really need to concentrate on increasing our savings

    Thank you all, especially muppets, for running this thread the last few years. I don't post much but I do read often. Best of luck to all of you
    PAYDBX18- #9 £5600/£5600 consists of £3800/£3800 credit card and £1800/ £1800 car
    2018 - 1% challenge #14, each 1% is £56 - paid 100%
    • fire-wannabe
    • By fire-wannabe 21st May 18, 6:58 AM
    • 93 Posts
    • 480 Thanks
    fire-wannabe
    #46 with a payment of £10.32 please Muppets.....house renovations mean I have fallen behind schedule but whilst trying to pay all these other things this debt, which I am treating seperately, has backtracked a bit in the priority list.....slow and steady does it though :-)
    Pay ALL your debt off by Xmas 2018 #46 £80/£4550
    • AdventureWanted
    • By AdventureWanted 21st May 18, 4:55 PM
    • 854 Posts
    • 2,428 Thanks
    AdventureWanted
    #29 checking in with £6,426.60 / £12,500
    • LLM2018
    • By LLM2018 22nd May 18, 7:40 PM
    • 112 Posts
    • 370 Thanks
    LLM2018
    #78 checking in.

    Total so far is now £569/2494 paid which is 22.81% I believe.
    #21 Make 1% challenge 77.54/100%
    #78 PAYDBX '18 £1934/2494 paid
    #6 Crazy clothes challenge
    1 debt vs 100 days £40/600 so far
    #54 SPC 12 Opening 31st Oct 2019 It will be a total surprise
    • Chappie77
    • By Chappie77 22nd May 18, 9:32 PM
    • 182 Posts
    • 795 Thanks
    Chappie77
    A quick check-in as I have been so busy lately...

    #67 - £780.19 paid = £2959.75/£7268.47

    Chappie x
    Payment a Day 2018 Very £1701.22/£1701.22 Business Barclaycard £633.19/£633.19 Hitachi £1489.17/£1489.17 MBNA £558.70/3159.01 Saving for Xmas 2018 £240/£500 Virtual Sealed Pot 2018 £540/£700 PAYDBX2018 £5641.81/£7268.47 £2 Savers Club 2018 £268
    • Megano
    • By Megano 23rd May 18, 8:48 PM
    • 267 Posts
    • 1,174 Thanks
    Megano
    036 with a quick update!

    I FINALLY passed my driving test and Im getting a new car. With the insurance and everything I'm going to be £230 down a month so Im a little bit at the panic stations but it will be worth it.

    So Im not 100% sure Im going to be debt free this year but Im going to give it a good bash.

    Payment of £34.14 made
    Virgin Money £200/£1663.90
    TSB £1383.57/£2554.50
    BOM £400/£930
    Tesco £250/£1605
    Total £2234.29/£6753.4 33.08%
    • sunshine81
    • By sunshine81 23rd May 18, 8:54 PM
    • 1,322 Posts
    • 6,661 Thanks
    sunshine81
    #145 £8838.56 / £19261 (45.89%)
    • spudsmum
    • By spudsmum 23rd May 18, 10:57 PM
    • 337 Posts
    • 1,810 Thanks
    spudsmum
    Another £13 to MBNA

    #22 now at £812.50/£5000
    Originally posted by spudsmum
    Another £10.50 to MBNA

    #22 now at £823.00/£5000
    Total debts £21050! now £18934.52 . 1% challenge £1641.25/£15000 (10.94%) Total extra income made in 2018 £2544.79 frugal budget 2018 £6253/£7600 Aiming for debt free at 40 - only 24 months to go!
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