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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 68
    • sunshine81
    • By sunshine81 4th Jul 18, 12:47 PM
    • 1,107 Posts
    • 5,862 Thanks
    sunshine81
    #145 10,205.81 / 19,261 (52.99%)
    • a_silver_lining
    • By a_silver_lining 5th Jul 18, 7:53 AM
    • 256 Posts
    • 694 Thanks
    a_silver_lining
    #145 10,205.81 / 19,261 (52.99%)
    Originally posted by sunshine81

    Sunshine81, I've seen you post regularly on here for a while now. Do you chip away at the debt, like direct extra money made/ saved tothe debt regularly rather than a large payment? I'm looking for ways to boost my momentum
    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%!
    • Purplemumof2
    • By Purplemumof2 5th Jul 18, 11:15 AM
    • 6,179 Posts
    • 22,716 Thanks
    Purplemumof2
    Morning,

    Number 41 - 6559.32/7000.00
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: 6130.00 Cap 1: 305.35 BC: TBC

    POAMAYC 2018 #041 PD 6559.32/7000
    Savings for Christmas 233.21/365
    20p Savers 2018 2 Savers 2018 50p Savers 2018 SPC 11 2018 #003
    • sunshine81
    • By sunshine81 5th Jul 18, 11:26 AM
    • 1,107 Posts
    • 5,862 Thanks
    sunshine81
    Hi a_silver_lining! There's another thread in here called Payment A Day, so I make a payment to my debt every single day even if it is just a few pence. It keeps me mindful of what I'm spending and it's motivating to watch the paid amount go up every day - it makes me think twice about spending money! If I saved it up and paid it off in bigger chunks I'd end up spending it. I'm not very disciplined, that's what got me here in the first place

    #145 10,235.33 / 19,261 (53.14%)
    • Flee
    • By Flee 5th Jul 18, 10:29 PM
    • 762 Posts
    • 3,342 Thanks
    Flee
    Number 61 checking in. Paid off the husband's car loan so we are now at 13917 paid off this year so far. The more I see the totals that I have paid off the more annoyed I get with myself for wasting money. I could have bought a new car with that 13k or be part way to buying a 2nd property....
    Lesson learnt hopefully.
    Halifax CC 0/2490, Tesco CC 0/3203, Sains loan 8830/12144, Carloan1 7117/8241, Carloan2 0/3813

    Pay all your debt off by Xmas 18 =47% 13917/29865
    • spudsmum
    • By spudsmum 6th Jul 18, 10:12 AM
    • 278 Posts
    • 1,585 Thanks
    spudsmum
    Another 39 to MBNA

    #22 now at 1097/5000
    Originally posted by spudsmum
    Another 52.50 to MBNA

    #22 now at 1149.50/5000
    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!
    • elleJay42
    • By elleJay42 6th Jul 18, 12:00 PM
    • 111 Posts
    • 840 Thanks
    elleJay42
    Hello, I hit 70% today! That's the closest I've got to being debt free in all the years I've been on this thread, so pleased!

    #91 2452.14 / 3500 (70%)
    Total debt at LBM = 4861.03

    DFBXmas2018 #91 - 2472.14 / 3500 (70.63%)

    HTB ISA - 0 withdrawn for house purchase!
    Wedding Fund 900 / 5000
    • a_silver_lining
    • By a_silver_lining 6th Jul 18, 12:33 PM
    • 256 Posts
    • 694 Thanks
    a_silver_lining
    Thank you sunshine81, I find it really motivating seeing you chip away. I think I need a similar strategy, maybe not daily... but perhaps money made, and end of the month lumps paid. I think a more regular check in might keep me focused.
    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%!
    • sunshine81
    • By sunshine81 6th Jul 18, 8:17 PM
    • 1,107 Posts
    • 5,862 Thanks
    sunshine81
    #145 10,392.07 / 19,261 (53.95%)
    • sunshine81
    • By sunshine81 7th Jul 18, 2:01 PM
    • 1,107 Posts
    • 5,862 Thanks
    sunshine81
    #145 10,397.07 / 19,261 (53.98%)
    • Whatshername
    • By Whatshername 7th Jul 18, 3:58 PM
    • 53 Posts
    • 311 Thanks
    Whatshername
    #064 162 paid off. Had a rubbish few months where money has been extremely tight so not much paid over minimum amounts. Way off for paying by end of year so need to start chipping away some more to build up some momentum
    #034 Sealed Pot 2018 Challenge - Declare 01st Nov
    #064 Pay debts by Xmas 2018 Challenge - 673/5252
    #042 100 ways for 1% challenge - 13%
    • sunshine81
    • By sunshine81 8th Jul 18, 8:05 AM
    • 1,107 Posts
    • 5,862 Thanks
    sunshine81
    #145 10,407.37 / 19,261 (54.03%)
    • limars19
    • By limars19 8th Jul 18, 11:46 AM
    • 12 Posts
    • 42 Thanks
    limars19
    to whatsername you and me too lol, just about to start new job and health problem meant i could not take it, but little steps and we will get there in the end.
    • LLM2018
    • By LLM2018 8th Jul 18, 1:29 PM
    • 98 Posts
    • 321 Thanks
    LLM2018
    #78 update of 1294 paid off. Over Half way now. 51.88% paid. Really trying hard to get the last of my debt gone. Sorry can't change the font or size on my pc atm.

    #21 Make 1% challenge 51.88/100%
    #78 PAYDBX '18 1294/2494
    #6 Crazy clothes challenge
    #19 Surveys pay for Xmas' 18 5
    • supersaver1000
    • By supersaver1000 8th Jul 18, 10:33 PM
    • 2,103 Posts
    • 13,172 Thanks
    supersaver1000
    #98 paid 5065/7565 so far on the debt (67%)
    All CC debt (67% saved) - 100% by Xmas 2018 : Flylady : Grocery club member : Old Style Weightloss lurker
    It's not getting what you want, it's wanting what you've got

    June Grocery Budget 374.86/200 - Completely Debt-free by April 2019 Jan 2019
    • muppets
    • By muppets 9th Jul 18, 4:11 AM
    • 788 Posts
    • 5,520 Thanks
    muppets
    Morning
    Sorry ive Not updated Junes totals, work has gone crazy !!!128540; will update as soon as I can xx
    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
    • sunshine81
    • By sunshine81 9th Jul 18, 9:16 AM
    • 1,107 Posts
    • 5,862 Thanks
    sunshine81
    #145 10,412.37 / 19,261 (54.06%)
    • sunshine81
    • By sunshine81 10th Jul 18, 11:27 AM
    • 1,107 Posts
    • 5,862 Thanks
    sunshine81
    #145 10,477.71 / 19,261 (54.40%)
    • supersaver1000
    • By supersaver1000 11th Jul 18, 9:12 PM
    • 2,103 Posts
    • 13,172 Thanks
    supersaver1000
    Had a really good week and have made 1500 from sales and some money coming to us unexpectedly.

    We are now on track to pay all of our debts off by January, not just our Ccs by xmas. Over the moon. I need to get on and do some PPI reclaiming - you never know we might make that Xmas deadline after all.

    Need to get on and change my signature. Trying to distract myself from extra time at the moment!

    Update 13/7/18 - after updating my spreadsheet I can see I've only got another 224 extra to find by Christmas to be debt-free!!! So another 20 a month to earn/make - I can do this
    Last edited by supersaver1000; 13-07-2018 at 9:39 PM. Reason: Update
    All CC debt (67% saved) - 100% by Xmas 2018 : Flylady : Grocery club member : Old Style Weightloss lurker
    It's not getting what you want, it's wanting what you've got

    June Grocery Budget 374.86/200 - Completely Debt-free by April 2019 Jan 2019
    • sunshine81
    • By sunshine81 12th Jul 18, 5:36 AM
    • 1,107 Posts
    • 5,862 Thanks
    sunshine81
    #145 10,532.71 / 19,261 (54.68%)
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