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2018 1% Challenge - 100 ways to make your 1%

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  • cybertortoise
    cybertortoise Posts: 288 Forumite
    Tenth Anniversary 100 Posts Name Dropper Photogenic
    edited 5 January 2018 at 8:43PM
    Number 2 Checking in with 15% cleared. There will be no more large payments now until the one due in April unless I win the lottery so things will slow right down and I'll be lucky to get 1% over 2 months. At least it's a good start though.

    I took advantage of a discount offered to me by a DCA on a debt I hadn't set up a payment plan for. They now have £1 a month to look forward to and I save nearly £70!

    I returned a vehicle I was paying on HP today. It was with a small company so I could just stop repayments and give it back at any time. I have to hope my van goes through its MOT tomorrow. I have no savings to fix it and will end up selling if it's too bad, and that may break my heart cos I love the thing! Hope everyone is well xx
  • No15 reporting 2% achieved.

    Made up from:

    M&S refund
    Royal Mail refund
    O2 refund
    Bank interest
    Piggy bank coins
    Not buying unnecessary toiletries 2024 26/53 UU, 25 IN
  • #6 checking in with 2%

    It's a start! We won't have much money till the end of the month so I've bagged up my change jar, swept up the bits of change from all my accounts and saved the leftover shopping money. It's all been put in a separate TSB account.

    Looking forward to making a real dent :D

    VB x
  • Number 18 paid off 2.5%. Every little counts!
    1% challenge - £4018 - reduce by 100 payments of £41.
  • LuckyPenny
    LuckyPenny Posts: 1,301 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Xmas Saver!
    Sold a teddy bear today for £5, gave £2 to my husband, £3 in my Christmas savings jar. Not yet reached 1% but it will come at difference paces during the year.
    LPx
    Competition wins £14,136.30[\COLOR]
  • Jaydee92 wrote: »
    Good Evening,

    Please may I join this challenge? My 1% is £190. Have got £128 so far, so hoping to do my first 1% by the end of this month.

    Many Thanks, JD x

    Hi, welcome to the 1% challenge. I’ve assigned you number 30. If you could mention your number when checking in that’d be great. Good luck with your 1%s.
    LBM Aug 2017.
    Debt at LBM - £30,055
    Debt at highest - £43,148.59
    Current debt - £18,880.00
    EF - £1,000.00

    Challenges
    PAYDBX 2021 - #29 Pd £2,355 / £8,000 PAYDBX 2020 - Pd £6,459.00 | PAYDBX 2019 - Pd £16,945.60 | PAYDBX 2018 - Pd £15,010.60.
  • LuckyPenny
    LuckyPenny Posts: 1,301 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Xmas Saver!
    Use £1 worth of boots points today - every little helps

    LP x
    Competition wins £14,136.30[\COLOR]
  • Jaydee92
    Jaydee92 Posts: 45 Forumite
    Many Thanks for letting me join.

    Currently on £160.68/£190, so not far off my first 1%.

    JD x (Number 30)
    SPC 11 - Number 322
    2018 1% Challenge - Number 30

    Debt: January 2016 - £29,524.74 :mad:
    January 2018 - £19,769.91
  • Please can I join. Love this idea.

    My total debt is £13,742.07 (looks scary like that!)

    so my 1% is £137 - I'm going to round it up to £140

    Bring it on!!
  • A_Random_Man
    A_Random_Man Posts: 1,167 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Just a quick update folks i am now making regular pad's to get rid of the debt asap, at the moment most of my pad's go towards my second credit card with the larger balance, so at the moment my total is:

    #11 £3.37% Paid Off

    Mortgage Amount Outstanding £116,682.20
    2025 Mortgage-Free Wannabes #49 £1401.29/£1,250 (104.74%/100.00%)
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