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

Lips_and_Lashes

Just to update, I have paid another 1% off my total.

This was from the £5 paypal reward from My Survey that finally hit my bank, plus the extra from money I accumulated last week.

So I am now at 2%

Yay

Hope everyone else is going strong!

happytails

happytails wrote: »

Car balloon payment, due Nov 3rd - £2137.40 (hopefully will have 40% saved by month end)
Credit Card 0% til May 2015 - £3465 (47% paid)
Loan - £8700 approx (£53% paid)

Total outstanding - £14,302.40 Approx

The above was posted by me August/September time. Updating totals!

Car balloon payment 100% paid! :T

Credit card approx £3200 (51% paid off)

Loan £7700 approx

Owe mum £500 (paid by new year)

Owe brother £120 (paid by new year)

Our business owes the taxman £5500 also.

We are getting there slowly.

My business is doing well but still unlikely to make a profit in my first year. I'm really enjoying doing it though.

Hope everyone is well, sorry it's been so long!

Sarah x

Baileys_Babe

Happytails good to hear from you. I wasn't aware you were starting a business, good to hear it's going well, what type of business is it? if you don't mind sharing.

happytails

Baileys_Babe wrote: »

Happytails good to hear from you. I wasn't aware you were starting a business, good to hear it's going well, what type of business is it? if you don't mind sharing.

Hi,

I started in June, i sew childrens clothing and gifts

Sarah xx

E2006

Hi do you mind if I join you? Really need to get stuck in to some challenges to clear this debt and have so far started the make £10 per day challenge.


I have 2 debts but I will be clearing them at different rates as I want rid on the smaller one if possible within the next 6 months. They are as follows:
cc#1 started at £5300 so 1% is £53 and so far Ive paid 7%
cc#2 is £3197 so 1% is £32 and Im at 0% on that one so far. This is the one I want to clear quickly if possible.


Thanks and good luck to everyone


E x

Baileys_Babe

happytails wrote: »

Hi,

I started in June, i sew childrens clothing and gifts

Sarah xx

Sounds good, where do you sell? craft fairs? Etsy?

MrsSave

Another 1% paid off, which makes 4%. Aiming to build the emergency fund up to £1000 (or as close as possible) by the end of this year and will then be able to throw much more at the debt and clear them asap!!

allybee101

I need to improve my emergency fund. Currently chucking a bit of cash at it, but I definitely need one as there have been a few unexpected surprises this year (i.e had to replace electric shower).
In fact I need to revamp my budget - it's been somewhat ignored of late. Oops. Once I've cleared the overdraft I need to clear my CC. Thankfully not too horrific, but needs sorting out! Tonights task I think, along with some Eb*ying - decluttering and money making all tied up in one!

grassgirl

Hello everyone
not been here for a long time, have a new job and getting everything sorted but remembering to BALANCE!
Taking the rest of the November days as NSD for non-essential things (hopefully!) so should add a couple more % to my challenge wish me luck x

happytails

Baileys_Babe wrote: »

Sounds good, where do you sell? craft fairs? Etsy?

Mostly on facebook and craft fairs. I have an Etsy account but i havent listed anything as ive been so busy with christmas orders (yay)

I also post on Twitter & instagram but no sales from there yet x