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

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  • shinner
    shinner Posts: 670 Forumite
    Seventh Anniversary Combo Breaker
    Well made a start i am a tenth of the way to having my first percent. I have stopped smoking and was going to pay off what i was saving daily, but think paying 1 % at a time will make me happier. Gives me something to focus on.:)
    sealed pot challenge 099
    2013 £365 in total
    2014 ???? Target £400
    debt 1 [STRIKE]6753[/STRIKE] [STRIKE]6386[/STRIKE] 0000 debt 2 [STRIKE]4973[/STRIKE] [STRIKE]4731[/STRIKE] 0000 debt 3 [STRIKE]3673[/STRIKE] 0000 debt 4 [STRIKE]2400[/STRIKE] [STRIKE]2239[/STRIKE] 0000
    OH debt [STRIKE]3800[/STRIKE]2780
    Bank of Mum [STRIKE]£2750[/STRIKE] 2000
  • happytails
    happytails Posts: 1,554 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Just worked this out -

    In July i owed £11,300 (split between 3 debts) and with the help of the 1% challenge, by the end of today i will owe £5000-£5200 :j Thats just 8 months and we've paid off over £5k!!! :beer: Feeling very pleased with that!! (that doesnt include all the interest we've paid :S )

    Sarah x
    DFW Total £21,800 to clear by Dec 2022
    MFW Total £184,950 £179,066 to clear by 2035
  • Oh my god happy tails that is FANTASTIC!!! I'm jealous (in a good way) and you have given me the kick up my backside that I need

    Good luck with the next leg of your journey! You are one fierce lady

    DDx
    Started again 25th December 2017
    Current tracking - £7,955.84/ £18,282.25 to pay off. (31.12.19)
  • Wowzers! :D You've kicked some serious !!! Happytails! All achieved while being super busy at home too! Very inspiring!

    happytails wrote: »
    Just worked this out -

    In July i owed £11,300 (split between 3 debts) and with the help of the 1% challenge, by the end of today i will owe £5000-£5200 :j Thats just 8 months and we've paid off over £5k!!! :beer: Feeling very pleased with that!! (that doesnt include all the interest we've paid :S )

    Sarah x
  • #196 reporting another 1% paid off this month.

    #196 balance £166.40/£6200 = 2.7%/100%

    plus some sw8gbucks claimed £25.00 cash and a few ebay sales which have gone into a new ISA to save up my little bits and pieces.:money:
    My gas and electric bills have also reduced by about £16.00 a month so hopefully I can add that as a regular savings until I can pay off a good lump sum on my loan.:j

    Happy holiday weekend everyone:beer:


    Savings goal £30,000 1% = £300.
    [/COLOR]
  • No.225 = another 4% bringing total to 6%

    Really feels good to be making a dent in that flipping catalogue bill and knowing that it wont be long before Im not having to pay the lousy 44% interest every month!
  • Hi am new to the forum need help would like to join your challenge. not very goood with computers. so any help would be appreciated:o
  • Big big big
  • happytails
    happytails Posts: 1,554 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Thanks all, feeling really positive! We are reducing our overdraft by £790 (was £990) but the aim is to have £200 at the end of the month to reduce it then, treating it as a buffer/emergency fund as this month will be uber tight. But still Thats 39.5% :j

    Got a fair few things i hope to sell this month, aiming to earn £100 but hoping for more...

    We are also booking a week holiday in July as our first family holiday (Weve been together 8 years LOL and only been on 2 night camping trips, kids havent been away so figured we will be overdraft free by then and we deserve it.) Been searching for the best prices for Haven and the like, i am VERY excited. This needs saving for too, i like a challenge!

    Sarah
    DFW Total £21,800 to clear by Dec 2022
    MFW Total £184,950 £179,066 to clear by 2035
  • painted_lady
    painted_lady Posts: 1,020 Forumite
    500 Posts
    Can I join please? havent got a clue how to make the text bigger, but details are in red.
    Card I want to pay is £9601, making my 1% £96.00
    Paid £200 off yesterday, so 2%, was more money in current account than I expected. Will carry the £8 over towards my next%
    Selling an old phone for £50, which will go towards my next 1%
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