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

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  • AdventureWanted
    AdventureWanted Posts: 1,474 Forumite
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    DD payment for cc4 has got me to 100% of my debt repayment target :D. Going to aim to pay an additional £2,500 off by the end of the year, so my new 1% = £25.
    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
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    #39 now at 12%
    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!
  • lindez
    lindez Posts: 643 Forumite
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    Morning all,
    #63 checking in today with a total of 7% still hoping to hit 10% by end of the year. x
    MFWB#2
    MFTT5 #28
    Save 12k 2020 #111
  • Danthewelder
    Danthewelder Posts: 33 Forumite
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    Hi, I'd like to start this challenge. I know I'm a little late to the party but I thought it might give me a head start on next year.

    My total debt is £19095.99. That makes my 1% £191.

    I have a car on finance at 0%, a bank loan at 4.5%, a 0% credit card and a sofa on finance at 0%.

    My current monthly payments are £329.72 (only paying the minimum payment on my card though) so if nothing else I'm paying 1.7% per month.

    I'd like to get to between 30 and 40% by the end of 2019. If I could get to 50% I'd be ecstatic.

    My main reason for getting into debt was overspending, but I have sorted that out so it's time to get this debt reduced.
  • Littlebigmoose
    Littlebigmoose Posts: 114 Forumite
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    Number 23 here, now at 7%
    #7... 3 - 6 month Emergency Fund Challenge (part 2)
    #25... 2024 Cash Envelope (or online) Saving Challenge

  • pinkfluffybabe
    pinkfluffybabe Posts: 2,986 Forumite
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    #15 now on 17%
    Not buying unnecessary toiletries 2024 14/53 UU, 11 IN
  • Rachel24
    Rachel24 Posts: 214 Forumite
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    Number 20 with 1% :-)
  • NorthernPeach
    NorthernPeach Posts: 62 Forumite
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    Number 65 checking in with 46% :)
    Emergency fund = £734.27 / £1000 :starmod:
  • AdventureWanted
    AdventureWanted Posts: 1,474 Forumite
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    Danthewelder wrote: »
    Hi, I'd like to start this challenge. I know I'm a little late to the party but I thought it might give me a head start on next year.

    My total debt is £19095.99. That makes my 1% £191.

    I have a car on finance at 0%, a bank loan at 4.5%, a 0% credit card and a sofa on finance at 0%.

    My current monthly payments are £329.72 (only paying the minimum payment on my card though) so if nothing else I'm paying 1.7% per month.

    I'd like to get to between 30 and 40% by the end of 2019. If I could get to 50% I'd be ecstatic.

    My main reason for getting into debt was overspending, but I have sorted that out so it's time to get this debt reduced.

    Hi Danthewelder,
    Welcome to the 1% challenge. I've assigned you number 67. 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.
  • lindez
    lindez Posts: 643 Forumite
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    #63 checking in now at 8% paid off.
    Well done everyone.
    MFWB#2
    MFTT5 #28
    Save 12k 2020 #111
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