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

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  • LionessInWinter
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    Another payment of £240 takes me to ~14% (rounded)
  • LionessInWinter
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    Haven't posted on here in a long time, but now at 41% for this challenge of paying £13000, where each 1% is £130
  • jamie2017
    jamie2017 Posts: 23 Forumite
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    JAMIE2017 - 1% is £290

    Really keen to join and I love how this breaks it down.
    LBM: £29517.61 June 2017 DFD: DEC 2021 Total Paid 76.80/29517.69
    Barclays 76.80/13267.92 Loan: 0/8649.69 MBNA: 0/7600
  • LionessInWinter
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    Now at 52% out of £13000 paid, finally past the half way mark.
  • fayew_2
    fayew_2 Posts: 19 Forumite
    First Anniversary Combo Breaker
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    Please can I join?

    FAYEJW - 1% is £65

    Debt as of 1 July is £6442.51 (it's almost that now, but I have one credit card payment to come out before end of this month).
  • LionessInWinter
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    Now at 61%, £5020 to go or 39%, each 1% is £130
  • moneymanager
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    Does anyone still manage this post?

    I would love to join in. My 1% equals to £70 :(
    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
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    I don't think anyone does, but I just post my percentage every now and then to keep me somewhat accountable and I like to see the progress we've made ��
  • clairemg
    clairemg Posts: 29 Forumite
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    I half heartedly joined in 2015, no further along, but a couple of months ago I restarted at home, a spredsheet, and no pressure.
    Debt was £6633.00 so 1% = £66.33 so far 3% paid and i've fixed my direct debit at £20 above what my minimum repayment was. In it for the long haul this time!!

    I've also started a £60 saving challenge. Where the plan was, I put £1 then £2 then £3, then £4 etc up until £60, but decided to do it in reverse so the challenge would get easier instead of harder. So I started at £60, then £59, then £58 etc until I get to £1 so I should end with £1830. (if i've added up correctly) Thats going well i've made 4 payments so far.

    I use a spread sheet for both and colour in the squares as I achieve a payment, so I can visually see progress.
    One step at a time:
    CC1 £6633.00 so far 28% paid.
  • LionessInWinter
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    Now at 70% paid off
This discussion has been closed.
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