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

Options
1141517192048

Comments

  • AdventureWanted
    Options
    spudsmum wrote: »
    Hello!

    Wondering if I'm too late to join?

    I've recently had my light bulb moment with the realisation I am £20k + in debt (£21050 to be exact) :eek: and have no idea how it got to this stage.

    Felling a little bit daunted by that figure so hoping to pay off the "priority debts" first - these are the ones that are killing me with high interest.

    So this will be £15000 and my 1% will be £150

    Hi, you’re definitely not too late to join. I’ve assigned you number 39 on our list of challengers. If you could mention your number when checking in that’d be great. I know what you mean about the total debt being daunting, that’s why I love concentrating on getting to the next 1%. 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.
  • AdventureWanted
    Options
    xironsongx wrote: »
    I'd like to join please. Saving for our wedding.

    Our 1% is £50

    Welcome to the 1% challenge. I’ve assigned you number 40. 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.
  • AdventureWanted
    Options
    #1 just crept in to 7% paid.
    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.
  • spudsmum
    spudsmum Posts: 584 Forumite
    First Anniversary First Post Name Dropper Combo Breaker
    edited 27 January 2018 at 11:58PM
    Options
    Hi, you’re definitely not too late to join. I’ve assigned you number 39 on our list of challengers. If you could mention your number when checking in that’d be great. I know what you mean about the total debt being daunting, that’s why I love concentrating on getting to the next 1%. Good luck with your 1%s.

    YAY!

    #39 checking in - sold a few bits online, together with some extra money from skimming my bank, collecting loose change hanging around the house and OH's overtime payment means i now have £150.20 in my debt jar. I'm really thrilled after only twelve days- thats my first 1%
    Total debts £21050! :eek: now £10941. 76. Total extra income made in Jan22 £109. 27 Feb 22 £45.25 Total extra income made in 2022 £154.52 Aiming for debt free at 45 - 41 months to go!
  • a_silver_lining
    Options
    #38 £82.77 / £2018, now at 4% :) Spent less on postage again so very pleased. I have all this 'spare' money sat in my paypal account, so I need to decide when to pay it into my savings. I'm tempted to pay it towards my family debt, or at least increase the monthly payments to cover this projected earning....

    I'm wavering both ways between this. I owe exactly £7250 to my family member and pay a monthly amount which will see me taking forever to pay it off. I would need to repay by the time I sell my flat (if I ever sell life being life) and all being well I hope that to be in three years. It may be that I save 5k this year as an emergency fund and then start overpaying the debt then... hmms.
    19/12/14: Spent 10 years of savings!!
    :heart2: ..... to buy my first home. :heart2:
    11K OP 31.03.19

    Current goal: €151,000 deposit Ireland and counting, to buy Spring 2022 we hope!
  • angelicious
    Options
    Hi all


    Good to see you're all doing so well.


    #34 checking in now at £456/22800 so 2%


    Hoping to add more next week when I get paid for overtime done this month

    Save £12k in 2024 - £0/25,000
  • vintagebrighton
    Options
    #6 at 6%

    Still not been paid so nothing major yet! I'm so looking forward to getting going properly :rotfl:

    VB x
  • princess2102
    Options
    #37 checking in. Managed to sell my pole dancing pole on ebay so now up to 9%


    Only £21.70 and will be at 10%!!! :-)
  • a_silver_lining
    a_silver_lining Posts: 535 Forumite
    First Post First Anniversary Combo Breaker Debt-free and Proud!
    edited 3 February 2018 at 5:53PM
    Options
    #38 £110.35 at 5% finally!

    £10 tracked cashback for pet insurance.
    14 ebay sales.

    It has felt like so much work for little gains but the % increases have helped motivate me.

    I have 9 active listings which I feel probably wont sell. They are buy it nows and some collection only so I may turn them into auctions down the line. I'm going to photo and list a load of jewellery today and I have a load of seed packets to sell. I sold some last year in joblots and made a fiver here and there so crossing my fingers.

    I've also decided I may need a separate account to hold these savings to stop me spending them.... hmm...
    19/12/14: Spent 10 years of savings!!
    :heart2: ..... to buy my first home. :heart2:
    11K OP 31.03.19

    Current goal: €151,000 deposit Ireland and counting, to buy Spring 2022 we hope!
  • MoneysavingmadGem
    Options
    #36 Paid £135.57
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 343.4K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.8K Spending & Discounts
  • 235.5K Work, Benefits & Business
  • 608.4K Mortgages, Homes & Bills
  • 173.2K Life & Family
  • 248.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards