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  • FIRST POST
    • muppets
    • By muppets 18th Dec 18, 12:24 PM
    • 987Posts
    • 6,308Thanks
    muppets
    Pay ALL your debt off by Xmas 2019
    • #1
    • 18th Dec 18, 12:24 PM
    Pay ALL your debt off by Xmas 2019 18th Dec 18 at 12:24 PM
    Welcome to Pay ALL Your Debt Off By Xmas 2019!

    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 2019.



    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!


    Official MoneySavingExpert insert, 14 Jan:

    Want to join the challenge? Please post your debt amount on this thread and ask to join. Muppets will assign you a special number (eg, #001), which you'll then start all your posts with.

    You can also get help in the Debt free wannabe board and Debt Help guide.

    If you haven’t already, join the forum to join in the challenge.

    Good luck everyone and thanks to muppets for the original post!

    This Forum tip was included in MoneySavingExpert.com's weekly email!
    Last edited by Former MSE Andrea; 15-01-2019 at 3:07 PM.
    PAYDBX 2019 - #01 Pd £10,252.12 / £17,000 - 60.31%
    SPC12 #59
    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 100,861.55/ 271,495.07 37.15% MF Aug 2038 Sept 2035
    My long slow journey to mortgage freedom
    My diary - Making a move on debt
Page 61
    • aimeemum
    • By aimeemum 16th May 19, 5:53 AM
    • 337 Posts
    • 1,394 Thanks
    aimeemum
    £39 paid off main debt -

    #148 - £2,173/£4,782
    DFBX19 #148 - 16/5/2019 Week 19 - £2,173/£4,782 45% gone -- £2019 in 2019 #152 £683.64/£2019
    £1000 EF Challenge #288 - Nothing to report
    • AdventureWanted
    • By AdventureWanted 16th May 19, 6:36 AM
    • 1,150 Posts
    • 4,029 Thanks
    AdventureWanted
    £83 paid to CC3 today, taking me to #29 £4,058.59 / £15,000.
    • kindofagilr
    • By kindofagilr 17th May 19, 11:26 AM
    • 6,682 Posts
    • 22,636 Thanks
    kindofagilr
    #87 Paid £892.92 in May, making totals £5694.94 paid

    Thanks Muppets xx
    Current Debt £39,344.00/£44,856.56 ~ 17/05/19 - 12.28% Paid Off

    POAMAYC 2019 #87 £5694.94
    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)
    £81,767.18/£104,409.00 (as of 30/04/19) ~ 21.68% Paid Off

    Christmas Savings 18: Totalled £750/Christmas Savings 19: £0
    Cyprus 19 Savings: £800/£2000 ~ Centre Parcs 19 Savings: £500/£500
    Emergency Savings: £50


    My Debt Free Diary (Link)
    • killerkaterina
    • By killerkaterina 17th May 19, 4:53 PM
    • 26 Posts
    • 65 Thanks
    killerkaterina
    I think I may have missed a month there - I was all over the place between April and May. Anyway, another DD or two, so I am now at:

    #94 £656 /£1,285

    I'm more than halfway there!
    • BlackCoffeeNoSugar
    • By BlackCoffeeNoSugar 18th May 19, 10:41 AM
    • 230 Posts
    • 1,102 Thanks
    BlackCoffeeNoSugar
    Main CC payment was taken a day early - so I'm now at:

    #04 - £1,649.28 / £4,161

    (p.s. hope all is ok muppets, haven't seen you post for a bit!)
    Debt at Nov 2017: £8,619 Debt at Dec 2018: £4,161 Current: £2,512 Aim for Dec 2019: £0
    Pay ALL your debt off by Xmas 2019 #04 - £1,649.28 / £4,161
    • Cariad21
    • By Cariad21 18th May 19, 4:41 PM
    • 17 Posts
    • 96 Thanks
    Cariad21
    Only managed a £20 over-payment this month. The next two months will probably be similar with lots of events and a week's holiday. Never mind, I have to have some treats to look forward to and I have spending money stashed away. Standard payment goes out on Monday and then I'll be over £2000 paid. Can't wait to update that figure

    #89 £1719.25/3855.16
    Aiming to be debt free in 2019
    • Deni debt-free dreamer
    • By Deni debt-free dreamer 18th May 19, 7:22 PM
    • 161 Posts
    • 1,611 Thanks
    Deni debt-free dreamer
    Hi all, went to the bank today and paid in expenses which I've put towards debt plus a bit extra so now at:

    #96 £789.28/£4500

    Keep going everyone, we will get there
    Deni xx
    Sealed pot challenge member #118

    Pay ALL your debt off by Xmas 2019 #96
    CC1 = £5393.72/5776.28 CC2 = £3624.00/£3820.77

    £2 savers club 33
    • muppets
    • By muppets 18th May 19, 8:53 PM
    • 987 Posts
    • 6,308 Thanks
    muppets
    Hi - I’ve just joined and would love to take part in this..
    How do I go about joining?
    Originally posted by Mindreset
    Welcome you are number 197. If you have not already done so, just say how much you want to pay off this year and post when you make a payment or update once a month what ever is best for you.



    Hello everyone!

    Please can I join this challenge?

    I have £57,460.88 total debt at the moment from some large purchases and house renovations.

    Aiming to have this down to £30,000 by the end of this year so my goal is to clear £27,460.88 by Xmas 19 and the remainder in 2020.

    I have taken on a second job to pay for the house work that was needed, so not overly worried about debt level but keen to get rid of it asap.

    I generally make additional weekly payments on top of the monthly DD's. I also move things round to save on interest where I can so my balance reduction will come from a combination of these, living frugally and trying to stop DH from spending.

    I need to pay around £3,500 off a month to meet my target.
    Originally posted by muggle200
    Welcome you are number 198


    I'd like to join. The debt I want to clear started from January at £11,217.77. As of this moment it is now at £4333.56.
    Originally posted by madvicker
    Welcome you are number 199
    PAYDBX 2019 - #01 Pd £10,252.12 / £17,000 - 60.31%
    SPC12 #59
    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 100,861.55/ 271,495.07 37.15% MF Aug 2038 Sept 2035
    My long slow journey to mortgage freedom
    My diary - Making a move on debt
    • muppets
    • By muppets 18th May 19, 9:04 PM
    • 987 Posts
    • 6,308 Thanks
    muppets
    Can I join please, loving the idea of this

    I have £3420.00 that I would like to clear by Xmas, I would also like to have 1k in savings for an emergency fund. I don’t know if I can do it but am gunner try!

    Makes me feel sad seeing this owed, so no holidays this year until am back in the green, OH started a new job so this should help with clearing this.

    So far have paid off £380.99 leaving £3039.01 to pay and saved £400 yay.

    Please note these are interest free debts so I am not concerned with using my savings to clear them.
    Originally posted by Lisi299
    Welcome you are number 200 and 201. I have put your debt as 200 and savings as 201
    Last edited by muppets; 18-05-2019 at 9:38 PM.
    PAYDBX 2019 - #01 Pd £10,252.12 / £17,000 - 60.31%
    SPC12 #59
    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 100,861.55/ 271,495.07 37.15% MF Aug 2038 Sept 2035
    My long slow journey to mortgage freedom
    My diary - Making a move on debt
    • muppets
    • By muppets 18th May 19, 9:05 PM
    • 987 Posts
    • 6,308 Thanks
    muppets
    I've made 2 more payments of £250 and £650 which brings me to

    #13 5800/5800 !!!!!!!!


    All gone!!!!
    Originally posted by Missu
    CONGRATS Missu
    PAYDBX 2019 - #01 Pd £10,252.12 / £17,000 - 60.31%
    SPC12 #59
    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 100,861.55/ 271,495.07 37.15% MF Aug 2038 Sept 2035
    My long slow journey to mortgage freedom
    My diary - Making a move on debt
    • muppets
    • By muppets 18th May 19, 9:08 PM
    • 987 Posts
    • 6,308 Thanks
    muppets
    #104 £500 DD payment came out bringing me to £2700/£2700


    I'm debt free!
    Originally posted by Robi90
    CONGRATS Robi90
    PAYDBX 2019 - #01 Pd £10,252.12 / £17,000 - 60.31%
    SPC12 #59
    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 100,861.55/ 271,495.07 37.15% MF Aug 2038 Sept 2035
    My long slow journey to mortgage freedom
    My diary - Making a move on debt
    • muppets
    • By muppets 18th May 19, 9:14 PM
    • 987 Posts
    • 6,308 Thanks
    muppets
    Well, I've only gone & done it! Debt-free for the first time this century :-)

    Having the money to pay what I owed gave me the confidence to negotiate with some of the lenders, so I managed to reduce the amount owed from around £12,900 down to £8,055.76

    And I've paid it all off!

    #95 signing off, 100% paid!
    Originally posted by kikamorris
    CONGRATS kikamorris
    PAYDBX 2019 - #01 Pd £10,252.12 / £17,000 - 60.31%
    SPC12 #59
    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 100,861.55/ 271,495.07 37.15% MF Aug 2038 Sept 2035
    My long slow journey to mortgage freedom
    My diary - Making a move on debt
    • muppets
    • By muppets 18th May 19, 9:25 PM
    • 987 Posts
    • 6,308 Thanks
    muppets
    Update for April
    We paid off £34,817.93
    Which is a total of £225, 052.82 to date
    which is 14.98% of our target
    We have 200 members joining us this year

    We have 5 Debt FREE members this year
    PAYDBX 2019 - #01 Pd £10,252.12 / £17,000 - 60.31%
    SPC12 #59
    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 100,861.55/ 271,495.07 37.15% MF Aug 2038 Sept 2035
    My long slow journey to mortgage freedom
    My diary - Making a move on debt
    • muppets
    • By muppets 18th May 19, 9:39 PM
    • 987 Posts
    • 6,308 Thanks
    muppets
    I failed miserably in the 2018 challenge. Can I join this years one? Starting to make progress this year.


    Started the year with £12,446

    Currently at £10,306

    Can't see how I can get rid of it. But a £6k target is achievable.
    Originally posted by behenjamin
    Welcome back. You are number 202
    PAYDBX 2019 - #01 Pd £10,252.12 / £17,000 - 60.31%
    SPC12 #59
    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 100,861.55/ 271,495.07 37.15% MF Aug 2038 Sept 2035
    My long slow journey to mortgage freedom
    My diary - Making a move on debt
    • muppets
    • By muppets 18th May 19, 9:50 PM
    • 987 Posts
    • 6,308 Thanks
    muppets
    Front Page has been updated
    PAYDBX 2019 - #01 Pd £10,252.12 / £17,000 - 60.31%
    SPC12 #59
    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 100,861.55/ 271,495.07 37.15% MF Aug 2038 Sept 2035
    My long slow journey to mortgage freedom
    My diary - Making a move on debt
    • Purplemumof2
    • By Purplemumof2 19th May 19, 6:15 AM
    • 7,126 Posts
    • 27,431 Thanks
    Purplemumof2
    Update for April
    We paid off £34,817.93
    Which is a total of £225, 052.82 to date
    which is 14.98% of our target
    We have 200 members joining us this year

    We have 5 Debt FREE members this year
    Originally posted by muppets
    Fantastic stats, thanks muppets
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £4750.00 Lloyds: £9000.00 BC: £800.00 Cap One: GONE
    May LTW 11/21 ~ May NSD 2/5
    PAYDBX 2019 #041 PD £2567.41/£5604.30
    Savings for Christmas £250.40/£500 ~ EF £25/£500
    20p Savers 2019 £2 Savers 2019 50p Savers 2019 SPC 12 2019 #003
    • Honeysucklelou2
    • By Honeysucklelou2 19th May 19, 7:29 AM
    • 1,613 Posts
    • 8,159 Thanks
    Honeysucklelou2
    Slow to update again, sorry. Made payments of £127 over the month of May so far. This is made up of regular payments. This brings the current total to

    #93 £699.95/£10,100
    paydbx2019 #93 £699.95/£10,100 .
    School trips £1216/£1269..
    EF £260
    • BlackCoffeeNoSugar
    • By BlackCoffeeNoSugar 19th May 19, 8:42 AM
    • 230 Posts
    • 1,102 Thanks
    BlackCoffeeNoSugar
    Update for April
    We paid off £34,817.93
    Which is a total of £225, 052.82 to date
    which is 14.98% of our target
    We have 200 members joining us this year

    We have 5 Debt FREE members this year
    Originally posted by muppets
    Glad to see you muppets and a huge thanks for your hard work keeping us all in check!
    Fab work everyone
    Debt at Nov 2017: £8,619 Debt at Dec 2018: £4,161 Current: £2,512 Aim for Dec 2019: £0
    Pay ALL your debt off by Xmas 2019 #04 - £1,649.28 / £4,161
    • Glittery
    • By Glittery 19th May 19, 11:35 PM
    • 121 Posts
    • 842 Thanks
    Glittery
    211 Paid £340 off Loan






    £9146 left to go !
    11950 to pay off
    ££9146 to pay off !
    • merida88
    • By merida88 20th May 19, 9:30 AM
    • 101 Posts
    • 868 Thanks
    merida88
    #51 clocking in with another £748.67

    Total now: £3434.03/£10063.11
    Xmas '19 Challenger #51: £3434.03/£10,063.11
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