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2019 1% challenge

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  • Number 59 here checking in on 27%!!

    That's amazing (in my humble opinion!) This challenge is really motivating me. Thanks everyone.
  • lynneee
    lynneee Posts: 877 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Morning all. I know it's very late in the year but can I join please? I have just shifted our debt onto an interest free card so I really want to clear it before the interest free period comes to an end.
    1% is £41.94
    Thank you :j
    mortgage £800 overpayment 2022. £600/£2400 2023 🙂 savings £1853/£1800 😊
  • Number 59, checking in with 29%. More excitingly... I am now under £1000! I'd hoped to get it done before Christmas but I don't see that happening now as it is November this week. Unless I find a load of stuff to ebay!
  • lynneee
    lynneee Posts: 877 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Hi, quick question. Is it possible to make more than one payment per month to a credit card? I have a direct debit set up but if i make another payment it won't affect the direct debit will it? If I have some spare cash I want to put it to the card straight away then I'm not tempted to spend it!
    Thanks ��
    Thanks
    mortgage £800 overpayment 2022. £600/£2400 2023 🙂 savings £1853/£1800 😊
  • Yes it is possible to make more than one payment a month to a credit card. You'd have to check to see if it effects the direct debit. For mine it does for some cards and not for others. I have a fixed amount set for all my DDs which is just above the minimum on all of them.

    (hit 30% paid off today, very exciting!)
  • nat21luv
    nat21luv Posts: 3,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Cashback Cashier
    #61 checking in with 19% paid off, I’m really pleased with that. I’d love to hit 25% by the start of December, that’ll be £850 in debt payments.
    £20k in 2023 = £2718 £2023 in 2023 = £196.41 Grocery challenge £250= £195.80 **MONEY MAKES ME HAPPY**
  • lynneee
    lynneee Posts: 877 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Evening all!
    Off to a good start with 6% paid off the cc!
    :)
    mortgage £800 overpayment 2022. £600/£2400 2023 🙂 savings £1853/£1800 😊
  • Well done lynneee
    Number 59 here checking in on 32%

    Need to try and find some things to sell. Back in Sept I thought I could hit 100% before Christmas but I don't think that will happen now. At least it is all moving in the right direction.
  • lynneee
    lynneee Posts: 877 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Evening all! Well done on 32% remote control! I've listed a few bits on ebay so hoping to get another 1% soon. I'm itching to tick off another %! It's quite addictive, but it's a costly month with birthdays and I want to get ahead for Christmas so need to wait a bit to commit more cash to the cause. I'm just impatient!!
    mortgage £800 overpayment 2022. £600/£2400 2023 🙂 savings £1853/£1800 😊
  • lynneee wrote: »
    Morning all. I know it's very late in the year but can I join please? I have just shifted our debt onto an interest free card so I really want to clear it before the interest free period comes to an end.
    1% is £41.94
    Thank you :j

    Hi lynneee,
    Welcome to the 2019 1% challenge. I've assigned you number 63. 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.
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