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

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  • Hi

    I am a newbie/returner to this and although I have been on the forum before I haven't been around for about 2 or 3 years.

    I would like to do the 1% challenge for my first CC which stands at around £14200!! therefore my 1% is £142.

    I already have £40 towards this from ebay sales but still have a long ways to go.

    Good luck everyone
  • Can I join please? I'm going to focus on 1 CC for now which is at £4415 so my 1% is £44.15 not my biggest cc unfortunately but it seems a more achievable 1% to start with :)

    Not far off a yougov payment of £50 so hopefully that'll be 1% by the end of this month.
    1 debt vs 100 days -
    Debtfree by Xmas
    NST - 1/18 NSDs £54/£250 food 0/£60spends
    Debts - CC1-[STRIKE]£4438.89[/STRIKE] £4329.82 CC2-[STRIKE]4560.38[/STRIKE] £3672.52 CC3-[STRIKE]£10,326[/STRIKE]£10,155.85 CC4 - [STRIKE]£3286[/STRIKE]
  • Change of plan- have transferred the £4415 card to 0% for 42 months tonight and set up a dd so it will be clear by the end of that.

    My new 1% will be my £2681.13 card which is only at 0% for 9 months. So 26.82 is my 1% - should be able to colour in those squares at a good rate :) Have drawn out my grid ready to start colouring in.
    1 debt vs 100 days -
    Debtfree by Xmas
    NST - 1/18 NSDs £54/£250 food 0/£60spends
    Debts - CC1-[STRIKE]£4438.89[/STRIKE] £4329.82 CC2-[STRIKE]4560.38[/STRIKE] £3672.52 CC3-[STRIKE]£10,326[/STRIKE]£10,155.85 CC4 - [STRIKE]£3286[/STRIKE]
  • Finally declaring credit card debt paid off

    New 1% challenge is to clear car loan and loan, so far have cleared 12%.
  • Finally declaring credit card debt paid off

    New 1% challenge is to clear car loan and loan, so far have cleared 12%.

    Fantastic news - well done!
    Your biggest asset is TIME! I'm focused on multi-generational financial freedom.
  • Fantastic news - well done!

    Thank you :) it should have all been gone last year but we lost focus. I really want it all done this year, then start saving and investing.

    How are you doing?
  • Well done Lioness :)

    I've just done my first 1% on my cc - yay! A long way to go but I'll get there.
    1 debt vs 100 days -
    Debtfree by Xmas
    NST - 1/18 NSDs £54/£250 food 0/£60spends
    Debts - CC1-[STRIKE]£4438.89[/STRIKE] £4329.82 CC2-[STRIKE]4560.38[/STRIKE] £3672.52 CC3-[STRIKE]£10,326[/STRIKE]£10,155.85 CC4 - [STRIKE]£3286[/STRIKE]
  • mrshubbard wrote: »
    Well done Lioness :)

    I've just done my first 1% on my cc - yay! A long way to go but I'll get there.

    Thank you, you'll get there too. I still need to plug away at loans
  • Very excited as I've been able to make a bigger payment than usual which amount to 10%! So that's £390 paid off target CC today!!


    b-h
    PAYDBX 2019 - #166 - £395 / £5,683
  • Great job b-h
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