The 1% Challenge - 100 ways to make your 1%
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Another payment of £240 takes me to ~14% (rounded)0
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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 £1300
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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: 0/76000 -
Now at 52% out of £13000 paid, finally past the half way mark.0
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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).0 -
Now at 61%, £5020 to go or 39%, each 1% is £1300
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Does anyone still manage this post?
I would love to join in. My 1% equals to £70Barclaycard: £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 Ways0 -
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 ��0
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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.0 -
Now at 70% paid off0
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