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2018 1% Challenge - 100 ways to make your 1%
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A_Random_Man wrote: »Adventure wanted would it be possible to change my 1% total as i was planning to clear my loan this year however i have decided to keep my car for the time being at least and now i want to focus solely on my credit cards and then next year tackle my loan. Based on that my new 1% would be £41 and my current 1% paid off would be 6.10%
Yep all changedLBM 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 £15,010.60.0 -
So today my dd has come out for cc4 meaning I have finally achieved my 1st 1%. Only £8.40 away from the 2nd, so hopefully I can round down my bank account tomorrow to achieve this.
#1 = 1% paidLBM 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 £15,010.60.0 -
Hi everyone i have decided to make a payment to clear my first credit card so now it has 0 balance this now means my total is:
#11 20.29% 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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With the original debt, do I take 1% of the monthly payments or 1% of the loan amount, not the interest?0
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Number 20 - finally got my 1% made from eBay sale 😊0
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NuclearGreyhound wrote: »With the original debt, do I take 1% of the monthly payments or 1% of the loan amount, not the interest?
You take your debt amount either over one debt or all of them if you feel this is achievable. For example if you owed £1,000 your 1% would be £10.Did owe £9,951.96
Now helping hubby pay off loan. Finally paid off :j
Owe Virgin [STRIKE]£5,950.00 [/STRIKE]at 0% til June 2009 £3,427.89. Owe HSBC [STRIKE]£5,460.78 [/STRIKE]2.9% til May 2010 £3,703.07. Owe Post Office £1,676.62 at 0% til September 20100 -
Number 20 - now at 2% :-)0
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Number 29 checking in :-) Just returned a top that I ordered in the sales and used the money to make a payment off my card so that's another £13.20. Just £3.14 till I reach 1% so I will list some items on ebay and facebook tonight to try and achieve it this week.V 12500 B 8300 N 1900 Oct £51/£1550
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#24 back with another 2% :j had £250 appear in my bank today for a bank switch! Thrilled!!0
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No. 26 reporting in with 2%February Grocery Budget: £190.75/£350.00
NST no. NSD 4/150
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