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

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  • redkelly
    redkelly Posts: 203 Forumite
    Hi
    I would like to join please, I have two credit cards but on this challange I would only like to work on one please:

    CC 2 IS £1550 1% IS £15.50 Paid 3.22% today balance now £1500.00
    Payment a Day : Creation £1416.05 Cleared June 2017
    Capital One : £2169.37 Cleared May 2018
    M & S : £3207.29 Cleared May 2018
    First direct £4900.00 Cleared July 2018
    Next £2206 Cleared September 2018
    Capital One Platium £2800.00 Cleared November 2018
  • Can I join and have a number please


    charlieyates- card 3 first- 1577 1% 15.77 so 16 each step.


    Actually got a statement this afternoon and 1% paid already.
    LBM in April 17 - Starting card debt £33554
    Mortgage@1 June 18 - £76350
    Total debt @june 18 £102311
    Debt Jan 25 £8282
    Mortgage £51215. Total debt now £59497
  • StressedSteph
    StressedSteph Posts: 2,834 Forumite
    Part of the Furniture Combo Breaker
    edited 11 February 2014 at 10:48AM
    Hi all.

    1% Club Member number 211 has crawled back with her tail between her legs.:o:o:o:o

    I signed up to this earlier last year but had a massive 1% = £172.

    I have since learnt that this was too big a debt to chip away with the 1%'s it took too long to see the 1% growing and I fell of the bang wagon.

    I have decided that I will just tackle 2014 debt target of £10,000.
    Decided to back date to January as a start date. Will feel nice to already be colouring in boxes.

    So my new 1% amount is £100 (Member 211). Have put it in large font in case you want to update the members list.

    Will get on later and print out my grid. Would be lovely to get my 100% paid earlier than December 2014 but its an achievable target and I will be happy if I get to this.

    xxx thats my confession over with :D
  • niksyg
    niksyg Posts: 678 Forumite
    Morning all,

    I still don't think I have a number, but updating anyhow.

    I have just paid 10% of my card off! Hurrah!

    So £138 just paid, putting my total paid off at 11% £151.80.

    :j This is such a great challenge, it's so much easier to see the debt in 1% chunks...off to update my sig.
    Clearing debt to save for a simple wedding.
    Starting 2016 With debt of £7700
  • I am now up to 32% :D

    I made £100 cashback for switching current account, £54 cashback on booking a hotel (had to book for a group) and chucked in the extra couple of quid myself! Whoop whoop! 2% a month is working so far this year ;)
    1% at a time no. 40. £8000 (For dream family holiday) 94/100
    MFW 2013 no. 62 £10,000/£10,000
    MFW 2014 no 62 £8000/£7000
  • happytails
    happytails Posts: 1,554 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Not much to report here but its free listings for 5 day listings on Ebay today so listed 21 items/bundles this afternoon!

    Sending my phone and Ipad off, hopefully tomorrow so i will be on my way to getting £142.50 for my debts there :j Friend owes me £32 at the moment and brother owes me £25. Child benefit comes in on Tuesday so it will be going on Debts again! Well thats the plan anyway!

    Sarah x
    DFW Total £21,800 to clear by Dec 2022
    MFW Total £184,950 £179,066 to clear by 2035
  • Hi all

    Made two extra payments today :-) new overpayments totals are:

    Littlewoods = 51% paid

    CC = 11%

    Can't wait until next week so I can reduce a bit more. I just love filling my 1% chart in :-)
    3rd LBM July 2014: Debt [STRIKE]£31,416.68[/STRIKE] Down To: [STRIKE] £23,403.43[/STRIKE] [STRIKE]15th July: £25,709.83[/STRIKE] 26th March: £31,229.68
    CC £0 :j WFTC £1660, SLC £6600, Car £18,654, Emergency Fund £1,000 :T
  • About £15 made on eBay after postage and fees with 3 sales tonight. Will relist all the rest on free listings too
    final unsecured debt to repay currently £8333
    Proud to be Dealing With my Debt
    DFW Nerd 1154 Long Haul 155
  • happytails
    happytails Posts: 1,554 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Morning, I've got £628 to get til we get to 100% (11.2%) and 16 days left til the deadline. Feelingp positive as the husband has done enough overtime but we could use thst to go towards something else so trying to raise funds first.

    Got a £2 bid so far on eBay, they end Sunday. Hoping for more bids by then!

    Hoping to get the iPhone and iPad sent off tomorrow as im not sure how to wipe them and the phone needs the back glass replacing (I've got the replacement).

    Sarah x
    DFW Total £21,800 to clear by Dec 2022
    MFW Total £184,950 £179,066 to clear by 2035
  • Hi all,

    I decided to move some dough out of my savings for a car and shift a debt.

    So LITTLEWOODS = 100% paid. CC = 11%. I can't wait to use the 1% challenge to increase my savings :-)
    3rd LBM July 2014: Debt [STRIKE]£31,416.68[/STRIKE] Down To: [STRIKE] £23,403.43[/STRIKE] [STRIKE]15th July: £25,709.83[/STRIKE] 26th March: £31,229.68
    CC £0 :j WFTC £1660, SLC £6600, Car £18,654, Emergency Fund £1,000 :T
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