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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 94
    • Miss D Meanour
    • By Miss D Meanour 2nd Nov 18, 1:25 PM
    • 129 Posts
    • 895 Thanks
    Miss D Meanour
    Hi there

    Reporting in with my October payment: #23 payment of 620.33 bringing total to 6,403.45 / 7,000

    So will hopefully meet my 2018 repayment target. I still have a way to go to clear all my credit card debt but this challenge has helped me make sure that I kept on track and I have cleared any 0% balance transfer by the end of contract - so I'm really pleased about that.

    Going away to start planning what to target for 2019
    Have a great weekend
    MissDM
    LBM- June 2009 - 15 year plan started, Dec 2016 - half way there
    SPC - 11 #574 - 471.04 ........ Xmas 2018 - #11: 335 / 365.
    CCCC 2018 #14 - 186 / 140 ....... PAYDBX 2018 #23: 6,403.45 / 7,000
    Frugal Living - #37 .......... MFW2018 - #2: 7,721.91 / 8,000

    No matter how far you go, you always take yourself with you
    • AdventureWanted
    • By AdventureWanted 2nd Nov 18, 2:23 PM
    • 854 Posts
    • 2,428 Thanks
    AdventureWanted
    14 paid today. Takes me to #29 13,084.60 / 15,000.
    • abba1772
    • By abba1772 2nd Nov 18, 2:26 PM
    • 5,332 Posts
    • 19,377 Thanks
    abba1772
    Minimum payments for this month from me as saving up for Black Friday / Xmas then I'll be back on the debt busting track xx
    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
    • kindofagilr
    • By kindofagilr 2nd Nov 18, 6:44 PM
    • 6,336 Posts
    • 21,247 Thanks
    kindofagilr
    Paid 971.21 in November, total now 13,912.57/12,000

    I am now calling it for 2018 (I like to do it december-november)

    Thank you once again Muppets can't wait for next years already x
    Current Debt 44,856.56/43,501.00 ~ 02/11/18 - 3.02% Paid

    POAMAYC 2018 #87 13,912.57
    ~ POAMAYC 2017 #87 10,380.18
    POAMAYC 2016 #87 7454.80

    Mortgage (Start Date 01/04/09 ~ 30 year term, due to end 01/07/39)
    104,409/83,305.67 (as of 02/11/18) ~ 20.21% Paid

    Christmas Savings 18: 670 Cash ~ Gift Vouchers: 30 ~ Total = 700
    Cyprus 19 Savings: 190/2000 ~ Centre Parcs 19 Savings: 110/1500
    Emergency Fund: 50

    My Debt Free Diary (Link)
    • Whatshername
    • By Whatshername 3rd Nov 18, 4:35 AM
    • 65 Posts
    • 363 Thanks
    Whatshername
    Another 200 paid off card. Won’t be debt free this yr but determined to hit it next year.
    Current dfd is May 2020 so will be going all out next yr to hit it by Xmas 2019 if not sooner. Aim from 2020 is to then overpay the mortgage x
    #030 Sealed Pot 2019 Challenge - Declare 31st Oct
    #064 Pay debts by Xmas 2018 Challenge - 1462/5252
    #042 100 ways for 1% challenge - 28%
    • sunshine81
    • By sunshine81 3rd Nov 18, 4:14 PM
    • 1,322 Posts
    • 6,661 Thanks
    sunshine81
    #145 14,503.24 / 19,261 (75.30%)
    • LuckyPenny
    • By LuckyPenny 3rd Nov 18, 4:23 PM
    • 782 Posts
    • 5,843 Thanks
    LuckyPenny
    #40 6,916/6500

    So pleased I've paid off a credit card today as the 0% deal was due to expire. So I've smashed my target. I was unfortunately made redundant, but I've got another job now and able to use some of the money to pay off debts.
    1% Challenge #28 [COLOR=red]2703.91/4000 67%
    Pay off all debts by Xmas 2017 #40 6,916/6500 Christmas 2018 Saving #16 135/365
    Competition wins 12,124.60
    Declutter 3 per day
    • AdventureWanted
    • By AdventureWanted 3rd Nov 18, 5:04 PM
    • 854 Posts
    • 2,428 Thanks
    AdventureWanted
    67 paid today. Now at #29 13,151.60 / 15,000.
    • rubywhatashmoo
    • By rubywhatashmoo 4th Nov 18, 12:20 AM
    • 570 Posts
    • 3,394 Thanks
    rubywhatashmoo
    Long overdue update from me:

    #069:3750.00/12,700.00 29.5%

    Definitely won't be paid off by xmas barring a lottery win (I don't play it so seems extra unlikely!) This has been an interesting year though of settling in to being back at work after maternity leave and being in a new house - coping with childcare costs (WOW!) and getting used to how life is now - which isn't a bad thing by any means but it's a lot different from the last time I was able to totally wallop my debts by cutting back on things, it's just not possible in the same way anymore and that's something I need to factor in for next year and beyond!
    DFBXMAS2018! #069:3750.00/12,700.00 29.5%
    • AdventureWanted
    • By AdventureWanted 4th Nov 18, 7:48 AM
    • 854 Posts
    • 2,428 Thanks
    AdventureWanted
    100 sent to CC3 today. Now at #29 13,251.60 / 15,000.
    • sunshine81
    • By sunshine81 4th Nov 18, 8:12 AM
    • 1,322 Posts
    • 6,661 Thanks
    sunshine81
    #145 14,509.24 / 19,261 (75.33%)
    • sunshine81
    • By sunshine81 5th Nov 18, 9:55 PM
    • 1,322 Posts
    • 6,661 Thanks
    sunshine81
    #145 14,556.24 / 19,261 (75.57%)
    • Blackberrycurved
    • By Blackberrycurved 5th Nov 18, 10:55 PM
    • 96 Posts
    • 648 Thanks
    Blackberrycurved
    Not been posting much well not for ages lots of debts piling up and worrying about it. I've kept on with minimum payments though and paid 710 off since I last posted. Since Halifax changed to daily overdraft payments my overdraft has gone from costing 26 a month to 71 a month so that but into my debt busting. I'm getting a basic bank account this week and biting the bullet to borrow a bit more to pay over my 1300 overdraft but at least it's saving over 800 a year in charges.
    Hope everyone is good. I'm hoping to be down to 7k of debt then next year clear that and my 2 x 1300 loans.
    Blackberry Curved debt free 2018 Number 17 2961/11,000
    Save for Christmas Number 19 90 /365
    1% challenge Number 7 70/110
    • sunshine81
    • By sunshine81 6th Nov 18, 12:55 PM
    • 1,322 Posts
    • 6,661 Thanks
    sunshine81
    #145 14,579.24 / 19,261 (75.69%)
    • sunshine81
    • By sunshine81 7th Nov 18, 10:16 PM
    • 1,322 Posts
    • 6,661 Thanks
    sunshine81
    #145 14,617.24 / 19,261 (75.89%)
    • spudsmum
    • By spudsmum 8th Nov 18, 9:09 AM
    • 337 Posts
    • 1,810 Thanks
    spudsmum
    Another 100 to MBNA

    #22 now at 1929/5000
    Originally posted by spudsmum

    Another 13.50 to MBNA

    #22 now at 1942.50/5000
    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!
    • spudsmum
    • By spudsmum 8th Nov 18, 9:49 PM
    • 337 Posts
    • 1,810 Thanks
    spudsmum
    Another 13.50 to MBNA

    #22 now at 1942.50/5000
    Originally posted by spudsmum
    Another 62.50 to MBNA

    #22 now at 2005
    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!
    • elleJay42
    • By elleJay42 9th Nov 18, 11:16 AM
    • 128 Posts
    • 893 Thanks
    elleJay42
    Hello, so close to the end I can almost smell it! Hoping to be debt free by the end of the month!

    #91 3302 / 3500 (94.3%)
    Total debt at LBM = 4861.03

    DFBXmas2018 #91 - 3342 / 3500 (95.4%)

    HTB ISA - 0 withdrawn for house purchase!
    Wedding Fund 2550 / 5000
    • moneymanager
    • By moneymanager 9th Nov 18, 2:34 PM
    • 331 Posts
    • 1,611 Thanks
    moneymanager
    Hi, I like the sound of this and would like to join in, in 2019.

    How does it work? Do you include your minimum payments in the amount or is it on top of your MP?

    Thanks
    SPC12 #283 | 2 #58 | 50p #27 | 20p #35 Total: 0/200
    2019: TESCO CHRISTMAS SAVER: 0/250 TESCOS VOUCHERS: 0 BONUS: 0 TOTAL 0/295
    Total Debt: 6,970.79/0 = 100%/0%
    Mortgage 61,490.79/56,415.62 | Car Loan: 9,217.20/5,991.18 65%
    My Money Managing Ways
    • AdventureWanted
    • By AdventureWanted 10th Nov 18, 11:28 AM
    • 854 Posts
    • 2,428 Thanks
    AdventureWanted
    139 paid, taking me to #29 13,390.60 / 15,000.
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