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

new_leaf_88 · 2 February 2017 at 1:16AM

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

mrshubbard · 9 February 2017 at 9:07PM

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.

mrshubbard · 10 February 2017 at 9:33PM

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.

LionessInWinter · 11 February 2017 at 8:44AM

Finally declaring credit card debt paid off

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

Listerbelle · 11 February 2017 at 12:32PM

LionessInWinter wrote: »

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!

LionessInWinter · 11 February 2017 at 5:08PM

Listerbelle wrote: »

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?

mrshubbard · 11 February 2017 at 6:26PM

Well done Lioness

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

LionessInWinter · 11 February 2017 at 6:33PM

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

beach-holiday · 13 February 2017 at 4:15PM

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

LionessInWinter · 14 February 2017 at 5:28AM

Great job b-h

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

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