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

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Comments

  • Welcome lookingtobrighterthings,
    this thread is great because you can really see the debt coming down. Although they are fab I find the weekly challenges a bit limiting and then I feel I have failed - then as we all know in the debt busting world its easy to give up and splurge!!! So this one has the right amount of motivation and I do recommend making a 100 square and colouring it in as the debt goes down.
  • happytails
    happytails Posts: 1,554 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Well ive made £77.69 on ebay this week! Not sure what that is less fees but that isnt including postage. :j Really pleased with the results of last sundays afternoon of hard work. Now to get them parcelled up and ready to go. Will be relisting most of them tonight at 99p (except the stuff i cant afford to loose out on)

    Making a bag for a friend of a friend today, she is paying me :D i just want cover of fabric but any extra will be a bonus.

    Bought some craft stuff today for making my kids some busy bags. These are little projects/games in little bags you can whip out when they are getting bored/fighting or some are fit for in the car or taking to places etc. Im planning on making about 20 between the 3, most of which will be stocking fillers :)

    This week will be the week we clear our overdraft. :T We are getting paid for the overtime the husband has done this week. Bye bye overdraft!! bye bye wasting £30 a month on the interest, bye bye another debt :D

    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
    Evening!!

    Posted off 7 ebay items. awaiting collection of 1 and 1 of them is now pending a second chance offer seeing as the buyer wanted me to ship to indonesia and i only ship within uk (as stated on listing) Grr.

    Used some of my Ebay earnings on 3 Bilibo's for Xmas, the kids main presents at £22 each. Saves me getting it out of the wages next month.

    I listed 12 reslists on Ebay yesterday at 99p each lets hope they sell!

    Been checking free postcode lottery daily for wins (free money if your post code comes up, you have to claim that day, if not it rolls over), for 10 seconds of my day its worth doing.

    Off to do some sewing :)

    Sarah x
    DFW Total £21,800 to clear by Dec 2022
    MFW Total £184,950 £179,066 to clear by 2035
  • iammumtoone
    iammumtoone Posts: 6,377 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper I've been Money Tipped!
    Today I went into the bank and paid off the first 1% :), I had to wait in the queue for 20mins :mad:
  • buddiebabe
    buddiebabe Posts: 1,408 Forumite
    Please may I join your group? My 1% is £203.42 I'm not sure how am going to manage but I want this debt gone so am going to give it a try

    Buddiebabe x
    DEBT OUTSTANDING 23.04.17 £16802.97
  • iammumtoone
    iammumtoone Posts: 6,377 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper I've been Money Tipped!
    buddiebabe wrote: »
    Please may I join your group? My 1% is £203.42 I'm not sure how am going to manage but I want this debt gone so am going to give it a try

    Buddiebabe x

    Can you break it down into individual debts and work on them one at at time? Would you find that easier?

    I have more debt than the amount in my sig but personally I don't want the total amount staring me in the face I find it too daunting. I am not burying my head in the sand, I know its there but would just find it to demotivating to have to save a large amount for just 1%! However 1% of a single debt seems more achievable.
  • craftingmad
    craftingmad Posts: 3,365 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Wow - I didn't realise it had been so long since I last posted an update.

    I already had mentioned that I had £263 waiting to be banked at my last update from craft fairs. Well since my last update I have done two more craft fairs which earnt me £54 after costs. I have also done 3 face painting events which have netted me £141. :T

    So I should now have £459 waiting to be banked. :) Unfortunately I have had to use some of that money to pay for things like the facepaints and a few other crafty bits which needed stocking up. So at the moment although I have already paid in £181 of the above total I have not actually transferred any to the savings account as yet - so cannot officially declare any more % until the end of the month (its been an expensive month this month!!!). :mad:

    Hopefully I will be able to declare a massive 9% towards my goal very soon (which will take me to 56% in total) :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
  • happytails
    happytails Posts: 1,554 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Craftingmad, thats still pretty good going!! I have thought about face painting but im no good at drawing/painting on paper so thought id best not! Haha

    Well, we just got back home after a loooooong day out at 2 National trust parks (free). Kids napped in the car on the way back so are very much awake :( They are all under 5 so a late night for all. Enjoyed our lovely day out and picnic, though we managed to spend £12 on Mcds on the way home at 6pm as our picnic clearly wasnt filling enough for all day, we ate it at 1pm.

    Checked post code lottery and my Ebay, no bids on the 12 relists i have. Hoping its a free listing weekend coming up!

    Hopefully getting paid the husbands overtime tomorrow which will enable us to wipe our overdraft completely and close it down :T First time since 2007 :T Very excited! Saturday will see us closing all the accounts down we have with that bank. 1 debt down!! a fair few to go! :rotfl:

    Sarah X
    DFW Total £21,800 to clear by Dec 2022
    MFW Total £184,950 £179,066 to clear by 2035
  • elleandie
    elleandie Posts: 35 Forumite
    Newbie here!

    My 1% is £53. Going to take my spare change tomorrow to Asda to be counted and reimbursed - hoping this gets me my first 1%
    Car Loan: £13,609.66
    Emergency Fund: £150 / £500
    Mortgage £140,000( House value £165k 2013)]
  • elleandie
    elleandie Posts: 35 Forumite
    elleandie wrote: »
    Newbie here!

    My 1% is £53. Going to take my spare change tomorrow to Asda to be counted and reimbursed - hoping this gets me my first 1%

    It actually got me 3.5%! Wahoo!
    Car Loan: £13,609.66
    Emergency Fund: £150 / £500
    Mortgage £140,000( House value £165k 2013)]
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