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

iammumtoone

Good news to report, I got approved for a 0% credit card today :j I know the advise is generally not to do this and I can understand the reasons as it must be temping to put more onto the card, but I haven't put anything on credit cards for months now so think I am passed that stage. Just looking forward to actually paying off debt rather than interest. 0% for 17 months so the plan is to be debt free within that time.

MrDebtWarrior

Another payment to my loan knocks off another 4% of my debt.

67% to go!!

happytails

Hoping to secure another sale tonight. Have posted 6 things today. Feel productive

Need to get selling more though, 5 months to make more than 5k eek!

The husband is doing 3 hours overtime tonight though

How is everyone else doing? Xx

happytails

paid another % to my savers from sales again yesterday :j

so 2% paid in now and still not budgeted so hoping for another 10% if possible!! x

jojitsui

My debts are spread over 3 cards. Virgin has quite a bit Santander less but still too much and a barclays one with very little one. I am doing my 100% from the Virgin card to start as I think doing all the debt will be a bit much for me and I will lose focus. Barclays have offered me 05 balance transfer until Nov 214 which I will look into tomorrow. I am waiting for payments to track in quidco and for a few payments in paypal and I will be able to cash out and pay off (not counting until i have paid it off the debt) 2% I know it's not a huge amount but if i do that 50 more times I will have paid off my virgin card

I have created and printed off a little chart to stick on the fridge and got some stickers so I can track my progress and have a reminder each morning (coffee time) about the need to be good

Good luck all x

charleybear

hi i'm really intrested in this challenge.
I don't have any debt so I'd like to know if i can use this to build up my savings.

my saving goal is £3,000 by 2015, so the 1% is £30.00

If I could join to build up my savings,
I'm a little confused about some things;

Every time I make £30.00 for my savings that's 1% isn't it so I'd colour in one square when I've made/saved £30.00 ?

I'm also confused on how to work out the percentage of progress I've made...

Sorry if i sound dumb, maths isn't my strong point.

Ellie_BB

Hi Charleybear, yes 1% of £3,000 is £30. Colour in a square every time you save £30. Then to work out the % you've saved so far, just count how many squares you've coloured in.

charleybear

Thanks so just a final thing, 1 square coloured in is 1% progress?

fedupandskint

Thats right charley

charleybear

Oh yay. Thanks it's been a few years since I did those kind of sums.
I'd like to join to save 1% of 3000 (£30) starting today if I can please.

Oh and when is this challenge over?