📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

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

Options
1127128130132133165

Comments

  • Paid another 1% off, 9% paid so far.
  • Sa1sysoo
    Sa1sysoo Posts: 298 Forumite
    Part of the Furniture 100 Posts Photogenic
    Hiya All,

    Is this an ongoing thread, or does it start afresh every year? It's something that we'd be up for giving a go, and could help us keep our eyes on the ball.
    I'd love to join, but am wondering when would be best to step on?!

    Sa1
    OH OD - £100.00/£100.00 Joint OD - £100.00/£100.00StepChange: £10,057.67
  • Can I join this challenge please


    MortgageWannabe 1% = £128, 7% completed 93% to go
  • This thread has been running since early 2013 and we just keep going with it. People step on and off as suits them :-)
  • Sa1sysoo
    Sa1sysoo Posts: 298 Forumite
    Part of the Furniture 100 Posts Photogenic
    Thanks for the clarification, Ellie BB.
    May we join, then, please?

    We need to sit down and do the maths later today, but I know that we'd like our 1% to be of our total debt. The next small target i to get rid of the Barclaycard, as that's the last of our debt that currently has an (extortionate!) APR.
    OH OD - £100.00/£100.00 Joint OD - £100.00/£100.00StepChange: £10,057.67
  • Paid another 2% off, so total paid, 11%
  • May I join in please? I have a debt of £2000 so my 1% is £20. Not sure exactly how this works so am going to go to the 1st page and have a proper read through again.
  • Sa1sysoo
    Sa1sysoo Posts: 298 Forumite
    Part of the Furniture 100 Posts Photogenic
    So this is Sa1sysoo, who's 1% = £177.00

    Could I have a number please? Righto, now to start coming up with ideas on how to create more cash... :j
    OH OD - £100.00/£100.00 Joint OD - £100.00/£100.00StepChange: £10,057.67
  • Hi there... this is pantherchick can i please join...


    mine is 2600 debt. c cards.. 1% is £26.


    thankyou
    .
  • Hi everyone,

    I have had the worst year this year both financially and personally. On top of dealing with some health issues I am in the process of packing up my house as me and my family are moving into temp accomodation. I have wallowed and cried over this so now I am looking at the positives and 2015 is going to be my turning point, I am retraining to be a hairdresser something i am enjoying and love doing.
    The plus on moving is our rent will free up alot of our money as it was a case of working to keep the house.

    So to get a handle on my finances my targets will be as below:

    Credit Card 1 - £490 so my 1% is £4.90
    Credit Card 2 - £190 so my 1% is £1.90
    Credit Card 3 - £160 so my 1% is £1.60
    Credit Card 4 - £230 so my 1% is £2.30
    Catalogue 1 - £300 so my 1% is £3.00
    Catalogue 2 - £230 so my 1% is £2.30
    Catalogue 3 - £140 so my 1% is £1.40

    I will work on these individually so as not to loose focus or get drowned in 1%'s

    Once I have completed all of these targets it means that I can then move onto my car finance whish is the biggest but also means I will have more money free to overpay it. :)

    Looking forward to turning my corner in 2015.......

    Shiningfaery.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.