Total debt when my journey began in December 2022- £66,133.42
Current debt May 2024- £40,064.57
Repaid 39.42%
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2019 1% challenge
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Can I join as well if there's a 2020 challenge?
Want to clear a £900 debt so my 1% will be £9.0 -
Hi all,
The new 2020 thread is open (https://forums.moneysavingexpert.com/discussion/6082083/2020-1-challenge]. I'll be allocating challenger numbers on 10th Jan, so if you would like to rejoin and keep your same numbers from 2019 please can you sign up on the 2020 thread before then. Thanks
. 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 £15,010.60.0 -
Hi all. New Here. Like the sound of this so I'd like to join in on all the fun.
1 question. Probably being a noob. Lol So I've a debt that I want to get rid of currently sitting at £6130. It's all 0% at the moment but really want rid of it. So my 1% is about £62. My minimum payments I pay off is £145 so do I count that as 2% every month before I pay anything extra off? Or is it the extra on top of the miminum payments I'm counting?
TIA0 -
Can I please join the 1% challenge. I am joining because I have set myself the goal of getting a housing deposit together for summer 2021 so I have the choice to move if I need to. And I just realised I have saved £25 and that is the first 1%. SO I am now looking for the next % in the next few month.
oops the link to the 2020 thread didn't work. I'll try to find it later.Isa help to buy: 1000/3000 33%
Emergency fund: 100/1000 10%
Weight loose 8.6 kg - while having fun. 0/8.6 0%
Focus debt to clear HSBC £10/1111, 0% updated May 250 -
Is there a 2020 thread for this challenge.It’s really helped me before and I’d love to join if there is0
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https://forums.moneysavingexpert.com/discussion/comment/77152762#Comment_77152762This is the link for the 2020 thread (hopefully it works!). If you add your name on that thread I'll add you to the list 😊.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 £15,010.60.0 -
Can I ask how you all know what extra you have to put towards your debts from any disposable income? I have four different incomes that come in at different times of the month. Unfortunately my laptop is broken otherwise I would put everything on an excel spreadsheet so was wondering if there are any apps or other methods you use that I might find useful. Thank you.Did owe £9,951.96
Now helping hubby pay off loan. Finally paid off :j
Owe Virgin [STRIKE]£5,950.00 [/STRIKE]at 0% til June 2009 £3,427.89. Owe HSBC [STRIKE]£5,460.78 [/STRIKE]2.9% til May 2010 £3,703.07. Owe Post Office £1,676.62 at 0% til September 20100
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