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2020 1% challenge

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Comments

  • Sharon87
    Sharon87 Posts: 4,011 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Number 25 here. I'm now on 10%!! Thanks to Quidco and me still having my job in these uncertain times.

    Next month my debt should hopefully drop below 10k for the first time in years! My savings are also almost 2k! All my debt is on 0%.
  • lynseydee
    lynseydee Posts: 1,806 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I have my argos card and Halifax card both charging interest at the moment but concentrating on argos first. Balance is just over £400 and using my payments I get for paying direct debits through my account which are working out at about £6 a month so paying that on top of payments.
    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 2010
  • Payday and overtime means that I could pay my normal 250, plus an additional 250 on top.

    The rest of the month will be lean as I had to pay my partner back for some bits, pay for vet bits, I need to order my passport and I really need a car service if I can get one. So may need to dip into this, but for now:

    2.5k / 6k = 41%

    Next month will be even leaner as I will not be getting any overtime. So I doubt I'll save any money then!

    19/12/14: 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!
  • I'm now up to 32% :smiley:
    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: £30.18
  • A_Random_Man
    A_Random_Man Posts: 1,166 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    #37 Reporting a total of £1939.07 for march, sorry for late update it slipped my mind

    Mortgage Amount Outstanding £116,682.20
    2025 Mortgage-Free Wannabes #49 £1355.29/£1,250 (104.74%/100.00%)
  • A_Random_Man
    A_Random_Man Posts: 1,166 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    #11 Update for march currently at 59.71%

    Mortgage Amount Outstanding £116,682.20
    2025 Mortgage-Free Wannabes #49 £1355.29/£1,250 (104.74%/100.00%)
  • jem1276
    jem1276 Posts: 401 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Can I please join?
    1% is a daunting £329.47 GULP
    Thank you
  • I'm currently up to 34% :smiley:
    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: £30.18
  • It's been pretty much confirmed that we will not be back at work by next payday, and that we will be paid part salary. So I have moved my months petrol money over.

    €200 = 2.7/6k = 45%

    19/12/14: 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!
  • Scloud
    Scloud Posts: 63 Forumite
    Second Anniversary 10 Posts Name Dropper
    #24 at 100%

    I paid of my overdraft which has not happened before in the past ten years!! It feels incredible! 

    My next target debt debt started at £3000 - so 1% = £30.

    currently at #24  £240/3000 8%
    LBM November 2019
    Starting Debt: £52,803
    September 2021 total: £36,471
    Total paid: £15,683 29.9%
    My debt free diary: https://forums.moneysavingexpert.com/discussion/6110976/here-s-to-the-future/p1
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