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2019 1% challenge

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Comments

  • AdventureWanted
    AdventureWanted Posts: 1,474
    Ninth Anniversary 1,000 Posts Photogenic Name Dropper
    Forumite
    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
    Part of the Furniture Combo Breaker
    Forumite
    #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
    Fifth Anniversary 10 Posts
    Forumite
    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
    Part of the Furniture 500 Posts Debt-free and Proud! Name Dropper
    Forumite
    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
    Part of the Furniture Combo Breaker
    Forumite
    #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: 178,487
    10,000 Posts Photogenic Name Dropper
    Community Admin
    #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
    Part of the Furniture 10 Posts Combo Breaker
    Forumite
    #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
    Sixth Anniversary
    Forumite
    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.
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