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

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  • Thanks for the message Craftingmad.

    I'm sure it'll work out in the end. I'm just gutted that I definitely won't be debt free at 30, as it was highly unlikely I was going to do it with the job I am in at the moment.

    Never mind - onwards and upwards :)

    Sorry to hear about your impending job loss GreenSaints, however,at least you have almost 20% less debt to worry about having to pay for if the worst does happen :T

    To everyone else - REMEMBER ME? I had to bow out a few months ago as OH was out of work and the challenge had to go on the backburner, however, he has taken a little 12 hour per week job which brings in about £300 per month. Not a lot, I know, but it does take a lot of the pressure off me and the books - PHEW! I hope to join you all again in the not too distant future with the 1% challenge. Last time I was here, I reckoned my Next Account would be gone about February, but sadly not the case. I will get there one day.

    kittiej - I read one of your earlier diaries here today - you have had a great debt free journey and I take my hat off to you. Well done.

    Happytails - last time we "spoke" I think Evelyn was 2 weeks old - I can't believe she is now 6 months. Hope you are keeping well.

    Hope to see you all again soon.

    TMD xx
    Decluttering junk and debt in 2016
    Debts - Vanquis £3500 1/1/16; DFD - when I'm dead with £100,000,000+ interest :eek: UPDATED Feb 2016 £2739.80; DFD June 2016 :j
    Next - £1500 1/1/16 DFD about 10 years time. UPDATED Feb 2016 £1371.16; DFD July 2016 :j
    THE GOAL IS TO HAVE NO DEBT BY THE END OF 2016
  • fedupandskint
    fedupandskint Posts: 10,358 Forumite
    Part of the Furniture Combo Breaker
    0.5% made today on ebay of £17 selling a few bits and bobs. Still it all adds up so this will be going on the high interest CC once the other 2 items finish tomorrow and fees and postage is paid from this

    Half a square to colour in pink on my chart though!
    final unsecured debt to repay currently £8333
    Proud to be Dealing With my Debt
    DFW Nerd 1154 Long Haul 155
  • Tree_house
    Tree_house Posts: 25 Forumite
    Hi all

    Haven't been on here for a while but still working at reducing my debt.

    Member # 178 26%
    Debt at LBM Aug 2012 £30,000 :eek: 1% at a time - Member # 178 = 100%
    Debt free date November 2015 :j :beer:
  • craftingmad
    craftingmad Posts: 3,351 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi everyone,

    its a quick post before dashing off to my next craft fair. I was at a fair yesterday and now have £150 waiting to be paid into the account (that's 3% :j).

    Plus I've just won a playmobil house (complete with furniture) on ebay ready for my daughter's birthday present - so that will have saved us a good few pounds. I also put a £10 swagbucks paypal credit towards it so even more saved.

    Will update my totals after todays fair - fingers crossed for more lovely sales :D
    Mortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.02
  • Taking the bull by the horns again :D

    My Next Directory bill is at £250 ish. 1% = £2.50. A bottle of wine is £5ish. So, for every night I don't buy a bottle of wine for me and OH, I am aiming to transfer £5 directly to the Account. So that will be 2% each time. It also means that the debt will be gone in 50 days (the end of June). I can do this, I can, I can!

    Not buying any today, so have just done my first £5 transfer. :j

    Member 163 Total Debt £250; 1% = £2.50; 2% cleared.

    TMD xx
    Decluttering junk and debt in 2016
    Debts - Vanquis £3500 1/1/16; DFD - when I'm dead with £100,000,000+ interest :eek: UPDATED Feb 2016 £2739.80; DFD June 2016 :j
    Next - £1500 1/1/16 DFD about 10 years time. UPDATED Feb 2016 £1371.16; DFD July 2016 :j
    THE GOAL IS TO HAVE NO DEBT BY THE END OF 2016
  • kittiej
    kittiej Posts: 2,564 Forumite
    Part of the Furniture Combo Breaker
    Hey well done tmdid :)

    Good news that OH has a little job too - excellent.
    Karma - the consequences of ones acts."It's OK to falter otherwise how will you know what success feels like?"1 debt v 100 days £2000
  • happytails
    happytails Posts: 1,554 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Got atleast £20 coming from eBay tonight :j and £24 off a friend on Tuesday so im aiming to put £50 towards the cc (debt1) before end of the month (I'm sure I can get £6 from fb sales). That'll be nearly 1% there :)

    Got our 3 night holiday next month so won't be putting anything but minimum payments towards mydebts until we get back, in case the car dies etc. Also planning a car boot in about a months time, going to try and flog everything on eBay before hand and then whatever is left can be booted.

    Sarah x
    DFW Total £21,800 to clear by Dec 2022
    MFW Total £184,950 £179,066 to clear by 2035
  • happytails
    happytails Posts: 1,554 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Hi everyone,

    its a quick post before dashing off to my next craft fair. I was at a fair yesterday and now have £150 waiting to be paid into the account (that's 3% :j).

    Plus I've just won a playmobil house (complete with furniture) on ebay ready for my daughter's birthday present - so that will have saved us a good few pounds. I also put a £10 swagbucks paypal credit towards it so even more saved.

    Will update my totals after todays fair - fingers crossed for more lovely sales :D

    Do you have to have liability insurance or anything for craft fairs? Just trying to see if its worth me venturing into this with my sewing later in the year/next year xx
    DFW Total £21,800 to clear by Dec 2022
    MFW Total £184,950 £179,066 to clear by 2035
  • craftingmad
    craftingmad Posts: 3,351 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    happytails wrote: »
    Do you have to have liability insurance or anything for craft fairs? Just trying to see if its worth me venturing into this with my sewing later in the year/next year xx

    Hi happytails, I do have liability insurance which you can pick up for around £30 for a years cover. However when I first started I did'nt have any as I wanted to test the water without spendinga fortune. Some venues do insist you have it though so before booking it is always worth checking.

    I would say have a go - I have always loved making things but before I started selling I did'nt really have any confidence in my items. There is nothing better than people telling you that they love the stuff you make (and even better paying you to own it :D)
    Mortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.02
  • craftingmad
    craftingmad Posts: 3,351 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Sorry me again, forgot to give another update - craft fair yesterday was very slow but I have £35 waiting to be paid in to savings (which is much more than I thought). So over the weekend that means I got £185 for the savings pot = 3.7% :j)

    Wont declare until actually paid into savings bank account though.
    Mortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.02
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