We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

2019 1% challenge

Options
1171820222332

Comments

  • AdventureWanted
    AdventureWanted Posts: 1,474 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    Hi all,
    I've updated the front sheet and added all newbies.

    Money has been tight the last few months, but I've managed to get to 19% paid. Not as far forward as I would have liked, but is definitely progress.
    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.
  • weenapoops
    weenapoops Posts: 223 Forumite
    Part of the Furniture Combo Breaker
    #7 checking in with another 2% paid, slowly chipping away :D

    17% and counting :j:j
    :jYou've got to be in it to win it!! Just believe to receive!! :j


    2024 Wins - Feb: Fae Magazine - Mar: 2 Tickets to Living North Live - May: Hellmans Bucket Hats
  • :j thanks! Well done on getting to 19% :money:
  • MediumDino
    MediumDino Posts: 36 Forumite
    Fifth Anniversary 10 Posts
    Number 37 checking in with 57%

    Wow, this is going faster than I thought it would. The act of just sitting with my budget at the start of every month and moving what I haven't spent to my savings is really making a big difference. I have also done some extra work which helps a lot as well. Actually just having the savings accounts and putting the money in that makes it much clearer that that is not to be touched.
    NST January Turtles number 25
  • LexieLou
    LexieLou Posts: 715 Forumite
    Part of the Furniture 500 Posts Debt-free and Proud! Name Dropper
    Hi, can I join? I need to clear down £1410, so 1% is £14.10
    £38,000 and change to £0
  • weenapoops
    weenapoops Posts: 223 Forumite
    Part of the Furniture Combo Breaker
    #7 checking in again with another 1%

    Up to 18% :j
    :jYou've got to be in it to win it!! Just believe to receive!! :j


    2024 Wins - Feb: Fae Magazine - Mar: 2 Tickets to Living North Live - May: Hellmans Bucket Hats
  • No 41 Northern Peach. Checking in for the first time with 2% paid to my debt. Planning to make a good dent in my %'s next month :)
    Emergency fund = £734.27 / £1000 :starmod:
  • System
    System Posts: 178,340 Community Admin
    10,000 Posts Photogenic Name Dropper
    #25 could I change my target please? Job change means I need to be more realistic. I’ve set myself 16,000 total instead. Making 1% 160 pounds, I’m at 6% and it’s much more motivating.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Bliss118
    Bliss118 Posts: 22 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    #43 Checking in now at 2%

    Just paying a little extra each month from my wages hoping to sell some stuff soon to pay extra
  • Danthewelder
    Danthewelder Posts: 33 Forumite
    Sixth Anniversary
    Paid off 3.2%, or 518.15 in April, leaving 15,088.45

    Total % is now 8.5% #42 danthewelder.

    Very glad I started this challenge. I've been helping the wife pay hers off too and we're almost finished with hers, she'd already made better progress than I had realised which was a bonus, so I should be able to kick into gear over the next few months.

    I've started a switch to NatWest, so that £175 will go straight towards.

    My minimum payments are around 1.6% so my current aim is to at least double that each month.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.8K Work, Benefits & Business
  • 598.7K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 257.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.