The 1% Challenge - 100 ways to make your 1%

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  • moneymanager
    moneymanager Posts: 405 Forumite
    First Anniversary
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    LionessInWinter wrote: »
    Now at 70% paid off

    Wow well done :T
    Barclaycard: £4,217.55/£5 = 0.11% | Tesco £3,810.55/£3,770.55 = 1.05%
    Total: £8,027.80/£5 = 100%/0.06%
    Mortgage £99,692/£51,652.33 51.8%
    Car Loan: £9,217.20/7,527.38 81.67%
    My Money Managing Ways
  • LionessInWinter
    LionessInWinter Posts: 437 Forumite
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    moneymanager wrote: »
    Wow well done :T

    Thank you. We've been in debt for years and the end feels near. This last bit is the new used car we purchased in 2014 and are trying to payoff sooner than the term of the loan :)
  • LittleBlueFishy
    LittleBlueFishy Posts: 10 Forumite
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    Hi everyone,

    I've got a couple of chunky debts to pay off, but doing them one at a time snowball fashion.

    My first 1% = £7, currently paid off 35%!

    Have a lovely week, weekend :) x
  • clairemg
    clairemg Posts: 29 Forumite
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    Just made another payment taking me to 5%. My balance has also dropped below 6k :j which makes me all the more focussed. Happy days.
    Well done Lioness thats an awsome achievement.
    One step at a time:
    CC1 £6633.00 so far 28% paid.
  • LionessInWinter
    LionessInWinter Posts: 437 Forumite
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    Thank you clairemg. Another 3%, now at 73%.
    Lets keep going everyone .
  • clairemg
    clairemg Posts: 29 Forumite
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    3% paid this morning, taking me to 8% paid :)
    One step at a time:
    CC1 £6633.00 so far 28% paid.
  • LionessInWinter
    LionessInWinter Posts: 437 Forumite
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    Way to go Clairemg :T
  • AdventureWanted
    AdventureWanted Posts: 1,474 Forumite
    First Anniversary Name Dropper First Post
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    Hi, I'd like to join please. 1% = £46.50.
    LBM Aug 2017.
    Debt at LBM - £30,055
    Debt at highest - £43,148.59
    Current debt - £18,880.00
    EF - £1,000.00

    Challenges
    PAYDBX 2021 - #29 Pd £2,355 / £8,000 PAYDBX 2020 - Pd £6,459.00 | PAYDBX 2019 - Pd £16,945.60 | PAYDBX 2018 - Pd £15,010.60.
  • TheMsTeal
    TheMsTeal Posts: 331 Forumite
    First Post
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    I want to give this a go please. My 1% equals £10
  • AdventureWanted
    AdventureWanted Posts: 1,474 Forumite
    First Anniversary Name Dropper First Post
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    Morning all,
    Hope you've all had a good weekend. I wrote down the wrong 1% figure a few weeks back! 1% for me is £51.85.
    Have been making small daily payments using the payment a day challenge and have managed to get to 17% of CC1 debt paid.
    It's definitely a marathon and not a sprint, but I will get there in the end.x
    LBM Aug 2017.
    Debt at LBM - £30,055
    Debt at highest - £43,148.59
    Current debt - £18,880.00
    EF - £1,000.00

    Challenges
    PAYDBX 2021 - #29 Pd £2,355 / £8,000 PAYDBX 2020 - Pd £6,459.00 | PAYDBX 2019 - Pd £16,945.60 | PAYDBX 2018 - Pd £15,010.60.
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