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The 1% Challenge - 100 ways to make your 1%
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Another 1% done. 5% in total now. Slow and steady.......Starting a new debt free journeyStarting Debt: £5,250Current Debt: £4,995.50Amount Paid: £254.50 Percentage Paid: 4.84%Emergency Fund: £3500
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Payday today - hurrah! When I get on my online banking later I hope to pay down another £200 of overdraft - that'll be another 7.14% off and brings the total to just under 90% paid off! My Christmas present to myself this year is clearing my overdraft - aiming to get it gone at next payday (20th Dec) I reckon that I need to find an extra £60 next month so it'll be on with the Ebaying I think."Does it spark joy?" - Marie Kondo
"Do not wait; the time will never be "just right." Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along." Napoleon Hill0 -
Ok. Just registered online for EDF. I owe them £2500. yes, £2500. Just about to pay off 0.5% so my total is now 9.5%
Will be nice to have paid 10% off which will be on SaturdayJanuary 2025 - Debt £20,0060 -
Didn't manage whole target last month (58%), but am still pleased. Have put a bit of it towards clearing credit card and using rest to fund xmas, rather than usual habit of running up xmas debts! New target for this month, again some for xmas, and rest for card. Really want to be below £10k by year end no matter what!0
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#332 checking in to update, 10% paidJanuary 2025 - Debt £20,0060
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Finally got around to listing some books on we buy books. Hope this transaction goes well and smoothly so £20 can go towards the long term loan repayment plan.
Another box ticked off on the selling things on list.
By the way the thread was in the weekly email this week, good stuff!final unsecured debt to repay currently £8333Proud to be Dealing With my DebtDFW Nerd 1154 Long Haul 1550 -
Monthly overpayment paid to long term loan today. Next month this amount goes up by three times more overpaid, eek, that's a lot!
Still a long way to go but making steady progress along the wayfinal unsecured debt to repay currently £8333Proud to be Dealing With my DebtDFW Nerd 1154 Long Haul 1550 -
#196 reporting £2708.77/£6200 43%:j:j:j
Savings goal £30,000 1% = £300.
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Can someone please clarify? If i pay $200 to a credit card but my minimum payment is $100 and that includes $45 interest, am I using the $155 towards my 1% or just the $100 towards my 1%.
TIA0 -
#332 checking in, 12% paid.. That's 1% in four days WOOHOO!! :jJanuary 2025 - Debt £20,0060
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