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2020 1% challenge
Comments
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#18 checking in with 9%. I set my goal for the year as 25%, so pleased that I've already got to 9%
<a rel="nofollow" href="https://forums.moneysavingexpert.com/discussion/6086606/debt-free-by-23/p1">https://forums.moneysavingexpert.com/discussion/6086606/debt-free-by-23/p1</a>
True LBM, December 2019 = £32934. Current Debt = £12762. 1% Challenge = 61.1%. #51 3-6 Month EF Challenge = £1200/£6000
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Wimbrel said:So, first, update. My 1% is £73. Since signing up last month I've been paying at least £17 off the credit card each week, more when I can do this (in addition to the regular direct debit of course) and yesterday hit the 2% mark. I'm also saving £2 coins and will pay those in when the pot is full.
The only reason I ask is that I've been doing that and have noticed a really difference in the amount of interest I pay.
As for me (#8) I'm currently on 26% - would love to get to 35% by the end of March but doubt very much I will as ebay sales have really slowed down
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I'm on 8.6% of my new target now - having paid off £225Not giving up
Working hard to pay off my debt
Time to take back control
https://forums.moneysavingexpert.com/discussion/6290156/crazy-cat-lady-chapter-5-trying-to-recover-from-the-pandemic/p1?new=12 -
I'm up to 25%!Nov 19 CC was: £1334.95 Now: £0!! 1% challenge - 100% Savings:£300.83February take lunch to work: 19/18
Made in Feb: £41.68 Made in March: £32.15
Made in April: £31.79, Made in May: £30.182 -
Evening all! Number 16 checking in.
I've been doing some extra hours at work and so has my husband so we've now paid off a massive 62%! 😀 So that's £2200 gone. Having no council tax and water bill has helped so it will slow down next month but hopefully it should all be gone by June when my 0% interest rate runs out 😁mortgage £800 overpayment 2022. £600/£2400 2023 🙂 savings £1853/£1800 😊3 -
Got sick of looking at the odd amount of money in my saving account. Reviewed my outgoings until payday and decided I could put the €28.40 towards it:
33%!!!! 2/6k
I'm tempted to up my savings goal again as the amount of overtime I'm getting means I'm well on track... but I know I have car bits to budget for so I'll leave it as it is for now. I don't think it would alter my spending habits or help me make more money so better to exceed the target then be deflated I think19/12/14: Spent 10 years of savings!!
:heart2: ..... to buy my first home. :heart2:
11K OP 31.03.19
Current goal: €151,000 deposit Ireland and counting, to buy Spring 2022 we hope!3 -
I've just managed to pay off another £100 of my cc - which takes me to 12.4%Not giving up
Working hard to pay off my debt
Time to take back control
https://forums.moneysavingexpert.com/discussion/6290156/crazy-cat-lady-chapter-5-trying-to-recover-from-the-pandemic/p1?new=13 -
Hi I don't think I have a number, even though I have posted before. My 1 % is £50 and at £45 I am close to my first 1 % . I am saving up for a housing deposit to buy or move rental. This is going slowly as my EF and citizenship fund takes priority this year.
Made it have now got my 1%.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 251 -
I was going to have a big percentage to pay off this month because of £700 of Quidco cashback coming my way, but I may have to use that as an emergency fund if we get quarantined or have to self isolate! Will delay paying off the card until the worst has passed!2
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Number 18 checking in with another 1%,making a total of 10% (£3566.23 so far)P
https://forums.moneysavingexpert.com/discussion/6086606/debt-free-by-23/p1
True LBM, December 2019 = £32934. Current Debt = £12762. 1% Challenge = 61.1%. #51 3-6 Month EF Challenge = £1200/£6000
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