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  • FIRST POST
    • muppets
    • By muppets 4th Dec 17, 4:17 AM
    • 830Posts
    • 5,620Thanks
    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%
    SPC12 #59
    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 95
    • abba1772
    • By abba1772 10th Nov 18, 9:38 PM
    • 5,380 Posts
    • 20,187 Thanks
    abba1772
    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
    Originally posted by moneymanager
    Whatever payments you put towards your debt are counted towards your total xx
    NEXT TARGET VERY WAS Dec 18 591.94 NOW 231.46
    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 12575.64
    • muppets
    • By muppets 12th Nov 18, 8:48 AM
    • 830 Posts
    • 5,620 Thanks
    muppets
    $12000 here . 2 1/2 months left
    Originally posted by FloydMCD
    Floyd did you want to join in this years challenge? We run until just after christmas. If you are joining in, what is your target for the rest of this year?
    PAYDBX 2018 - #01 Pd 8,305.57 / 10,500 - 79.10%
    SPC12 #59
    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
    • muppets
    • By muppets 12th Nov 18, 8:55 AM
    • 830 Posts
    • 5,620 Thanks
    muppets
    130 dd taken for CC4 today. Whoop whoop I've hit my debt repayment goal for the year . Still lots of debt to clear, but really happy with stage one of the debt busting mission!
    #29 12,500.60 / 12,500.
    Originally posted by AdventureWanted
    Congrats on smashing this years target


    029 AdventureWanted
    PAYDBX 2018 - #01 Pd 8,305.57 / 10,500 - 79.10%
    SPC12 #59
    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
    • muppets
    • By muppets 12th Nov 18, 8:58 AM
    • 830 Posts
    • 5,620 Thanks
    muppets
    Hi there
    Don't know why but I am constantly falling behind in posting this year. Thankfully I'm still able to make payments. So bringing myself uptodate for my August & September repayments totalling 1,355.11:

    #23 5,783.12 / 7,000
    Originally posted by Miss D Meanour
    I've found life has got in the way for me this year.

    You're still making payments and that is the most important part. xx
    PAYDBX 2018 - #01 Pd 8,305.57 / 10,500 - 79.10%
    SPC12 #59
    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
    • muppets
    • By muppets 12th Nov 18, 9:07 AM
    • 830 Posts
    • 5,620 Thanks
    muppets
    #71 another 473 paid today so that is 5602/ 10k = 56%

    I'm not going to make the 10k unless I win big! I have separated from my husband so having to pay all the bills. I would have made it if we were still together.

    Could I lower mine to 7k, please? That's still a bit to get up to, but I want to feel like I have achieved something in 2018 other than just failed at everything!!
    Originally posted by Nicnak
    Sorry to hear your news. I have lowered your target, which brings you up to 80% paid off. xx
    PAYDBX 2018 - #01 Pd 8,305.57 / 10,500 - 79.10%
    SPC12 #59
    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
    • muppets
    • By muppets 12th Nov 18, 9:09 AM
    • 830 Posts
    • 5,620 Thanks
    muppets
    Morning all

    haven't been updating regularly

    Anyway the good news is I've managed to hit my goal early

    #31 currently at 5000/5000

    Keep going everyone.
    Originally posted by motivated
    Congrats on reaching your goal early
    031 motivated 5.000
    PAYDBX 2018 - #01 Pd 8,305.57 / 10,500 - 79.10%
    SPC12 #59
    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
    • muppets
    • By muppets 12th Nov 18, 9:14 AM
    • 830 Posts
    • 5,620 Thanks
    muppets
    Hey, I've been plodding away with this. I recently started a new job and so earlier this week I cleared the last 850.

    #123 1930 paid off 100% cleared

    I have 'borrowed' some money from our ISA for something else so I need to pay that back. Hopefully I'll have that sorted over the next few months, but the credit cards are all paid off which is fab. Now we can start saving for our next holiday!
    Originally posted by mossy
    Congrats mossy on clearing your debt and starting your new job. xx
    123 mossy 1.930

    PAYDBX 2018 - #01 Pd 8,305.57 / 10,500 - 79.10%
    SPC12 #59
    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
    • muppets
    • By muppets 12th Nov 18, 9:22 AM
    • 830 Posts
    • 5,620 Thanks
    muppets
    UPDATE FOR OCTOBER (Sorry it's so late, work has got in the way)
    We paid off 27,714.45
    1 Member have smashed their yearly target

    2 Members become DEBT FREE



    For the year we have paid off 414,692.96 which is 35.74% of our target



    PAYDBX 2018 - #01 Pd 8,305.57 / 10,500 - 79.10%
    SPC12 #59
    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
    • muppets
    • By muppets 12th Nov 18, 9:29 AM
    • 830 Posts
    • 5,620 Thanks
    muppets
    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
    Originally posted by kindofagilr
    You have done amazing this year.
    See you on next years thread. I've just set the spreadsheet up, you're added
    PAYDBX 2018 - #01 Pd 8,305.57 / 10,500 - 79.10%
    SPC12 #59
    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
    • muppets
    • By muppets 12th Nov 18, 9:35 AM
    • 830 Posts
    • 5,620 Thanks
    muppets
    #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.
    Originally posted by LuckyPenny
    Congrats LuckyPenny on smashing your target and congrats on the new job xx

    040 LuckyPenny
    PAYDBX 2018 - #01 Pd 8,305.57 / 10,500 - 79.10%
    SPC12 #59
    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
    • muppets
    • By muppets 12th Nov 18, 9:38 AM
    • 830 Posts
    • 5,620 Thanks
    muppets
    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.
    Originally posted by Blackberrycurved
    That is crazy overdraft charges. I don't blame you for borrowing a bit more to pay it off. See you on next years challenge. I've added your name to the list already xx
    PAYDBX 2018 - #01 Pd 8,305.57 / 10,500 - 79.10%
    SPC12 #59
    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
    • muppets
    • By muppets 12th Nov 18, 9:40 AM
    • 830 Posts
    • 5,620 Thanks
    muppets
    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%)
    Originally posted by elleJay42
    EEEKKK you are so close. You CAN do this. xx
    PAYDBX 2018 - #01 Pd 8,305.57 / 10,500 - 79.10%
    SPC12 #59
    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
    • muppets
    • By muppets 12th Nov 18, 9:43 AM
    • 830 Posts
    • 5,620 Thanks
    muppets
    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
    Originally posted by moneymanager
    Hi moneymanager, you set your own target for the year. You can include all payments including the minimum or just overpayments. Which ever way is best to motivate you, is good for us. I've added your name to the list for next year. Numbers won't be given out until next month. xx
    PAYDBX 2018 - #01 Pd 8,305.57 / 10,500 - 79.10%
    SPC12 #59
    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
    • muppets
    • By muppets 12th Nov 18, 9:45 AM
    • 830 Posts
    • 5,620 Thanks
    muppets
    Front page updated to here
    PAYDBX 2018 - #01 Pd 8,305.57 / 10,500 - 79.10%
    SPC12 #59
    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
    • Calling14
    • By Calling14 12th Nov 18, 1:53 PM
    • 2,757 Posts
    • 19,936 Thanks
    Calling14
    Oh Wow congratulations everyone who has completed their targets and giving out positive vibes.



    Sorry not been about much. 50 off for me today



    #16 3382/5552
    LBM 13039 1.1.13 Start 2018 5552 NOW 1670

    PAYDBX 2018 #16 3882/5552 DFD 12/18
    E
    Fund #9 85/1,000
    1 x 100 days challenge
    1306/2276

    • klbooth
    • By klbooth 12th Nov 18, 9:53 PM
    • 210 Posts
    • 790 Thanks
    klbooth
    Been a bit remiss at posting but happy to report I have paid all that I had set as a target for the year and still a couple of months payments to go so am chuffed with that. Will join in next year and hopefully end the credit card debt (before the 0% runs out!!!) Will let you know target once we are starting 2019 challenge as to where I am. Thanks for giving motivation to get this cleared.

    No. 118 reporting all paid off!!! 10014/10014
    1P #13 431.22/667.95;2 #30 66;50p #8 34.50;20p #100 32.60;SPC #39 4115.90;VSPC #15 750.99;PAYDOBX 2018 #118 10014/10014 (100%);GC Jan 483.58/450; Feb 390.32/430; Mar 260.41/410; Apr 396.17/410; May 368.57/400; Jun 448.23/390; Jul 641.90/500; Aug 704.21/500; Sep 181.93/400
    • sunshine81
    • By sunshine81 14th Nov 18, 9:50 PM
    • 1,340 Posts
    • 6,752 Thanks
    sunshine81
    #145 14,828.92 / 19,261 (76.99%)
    • AdventureWanted
    • By AdventureWanted 16th Nov 18, 7:40 AM
    • 899 Posts
    • 2,547 Thanks
    AdventureWanted
    15 paid today. Now at #29 13,405.60 / 15,000.
    • AdventureWanted
    • By AdventureWanted 16th Nov 18, 7:41 AM
    • 899 Posts
    • 2,547 Thanks
    AdventureWanted
    Congrats on smashing this years target


    029 AdventureWanted
    Originally posted by muppets
    Thanks Muppets
    • elleJay42
    • By elleJay42 16th Nov 18, 10:05 AM
    • 128 Posts
    • 896 Thanks
    elleJay42
    Hello, another 40 to my debts today

    #91 3342 / 3500 (95.4%)
    Total debt at LBM = 4861.03

    DFBXmas2018 #91 - 3342 / 3500 (95.4%)

    HTB ISA - 0 withdrawn for house purchase!
    Wedding Fund 2550 / 5000
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