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

remote_control · 2 March 2013 at 12:02PM

More survey money has brought me up to 18%, £180. I'll have to wait for the new list to know my number. Doing well from surveys at the moment. Also made about £1 on ebay...

ThriftyFelicity · 2 March 2013 at 8:05PM

Updates!

1. Surveys: £10 Waitrose voucher now received from Valued Opinions, total £94.22.

2. Online panels. Joined The Soundboard, hopefully will see some ££ from that.

3. GPT: Adding £14.40 from Neobux (have made $70 since joining at the end of January :j); £12.97 from CantBeatFree; £45 from Swagbucks (£25 Amazon GC + £20 Boots GC for a one-off survey). Total GPT earnings now £201.03!

4. Amazon selling: Nothing to report.

5. Coupons: Couple coupons used totalling £1.70, total now £11.85.

6. Referrals: £9 from VioVet. Placed another order with iHerb using referral credit, but it's not showing in my CC statement yet, so don't know exchange rate, will include it later. Total £44.56.

7. Homebrew: adding savings of £5.80 from homemade raspberry wine and £1.26 from cider, total now £77.49.

8. Cashback (new category): £33.75 from Quidco cashback.

9. Banking (new category): £30.00 from two Halifax Reward accounts (self & hubby) x three months.

NikkeiPositivity · 2 March 2013 at 9:56PM

Hi All

Nice to see a shiny new thread back where it belongs, I have to say I think we gt a little lost in the diaries section!

I'm sorry for being MIA as of late, but I'm back to studying and working 6 days means very little spare time! This months pay was down by almost £400 due to repaying study fees and one day sick in January when I had the car crash, so this month is going to be a bit tight. However for the month of February we'e been able to make a bit of headway:

Number 99 : £1063 paid off = 7.5%

This is made up of £400 from matched betting and My January and February second jobs pay.

I've now read The Dave Ramsey book Total Money Makeover and have decided to follow atleast baby steps 1 and 2 and have managed to get an emergency fund setup of £1000 by cashing in our bonds and by moving the pitiful amounts in our Isa's into one account, so going forward will be using my second wage to pay of balances straight away, instead of hanging onto it. I reckon if we can pay off our second overdraft this month then we will be approx £40 better off a month(£15 int on overdraft 1, £10 on overdraft 2, £16 int on credit card now paid off in full) so were getting there.

Well I think I'm going to have to take myself to bed, I can't stop yawning!!!

Happy Percenting!
Nikkei x

Shell78_2 · 3 March 2013 at 12:36AM

Can you add me to the list? I have £14000 debt so 1% = £140

Thanks

teaandcakeaddict · 3 March 2013 at 10:44AM

Brilliant, a nice new thread. Things have been tight in feb, but we somehow managed to pay 9% off since my last post, putting my credit card debt at..21% PAID!

kittiej · 3 March 2013 at 2:46PM

Hi can I tag along please? I don't really understand the rules but I think I've got a rough idea.

I have a debt of £2500 for my hubby's car and I want it to be gone asap. The actual payments are supposed to be £70 pw but we overpay and pay £100 (mainly because it's easier to keep track of how much we've paid).

Once we've got rid of the car debt we can put the £100 pw towards paying off the mortgage - £12k left on that.

I've got some stuff coming to an end on ebay today so will use that but also I put the odd pence on my bank account into a savings account so would I be able to use that?

I wasn't sure if the money has to be 'made' iyswim.

liz-paul · 3 March 2013 at 6:27PM

Money can come from anywhere - selling stuff, savings on your monthly budgets, earnings, your current account, gifts from others. Absolutely anywhere! Good luck

kittiej · 3 March 2013 at 8:26PM

Thanks liz-paul.

Just made £25 by selling stuff on ebay so that's 1% and I think I might have another £25 in my pennies jar.

If I have anything left over from my budgets then this will get added once it reaches a £25 sum.

Glad I can get my payments from anywhere

OK can I join properly then please? My 1% = £25 and I have 100% still to pay. I will pay a minimum of 4% off or £100 at a time because I need to keep it simple.

Thank you x

kittiej · 4 March 2013 at 9:28PM

I was having a quick look at the previous thread, can anyone explain what the 100 envelopes or paperclips are for please?

I see the value of having a 100 square chart which is a good idea but I'm a bit confused about the other items.

Natterjack88 · 5 March 2013 at 9:05AM

I know I keep changing how I'm doing challenge but think I'm going to one debt at a time. With 14 creditors between us it's hard to keep track of how minimum payments have reduced total. So first one we are doing is ohs Halifax overdraft. We need to drop it by £400 to get lower charges on it. That will take it to lower interest than other debts. So 1% is £4 and we have 6.25% so far.

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

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