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2020 1% challenge

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Comments

  • ditty1234
    ditty1234 Posts: 2,116 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    edited 20 June 2020 at 1:41PM

    -  #39 ditty1234  Now at 3 %.
    Hi I love this thread. I'm only working on my 3rd % this month but my deposit will slowly form from this trickle. And I'm doing everything in % now. Lost 17% of weight, EF is 70%, so all looking up.
    Corrected this after after I dropped a bit more into my housing deposit fund.
    Weight now 30% dropped. Happy days
    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 25
  • lynseydee
    lynseydee Posts: 1,806 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Haven't really been tracking my progress but have found a website that works out percentage paid off. I'm concentrating on my argos card first as that has the highest Apr so number 4 at 1.2% paid so far
    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
  • a_silver_lining
    a_silver_lining Posts: 535 Forumite
    Part of the Furniture 500 Posts Combo Breaker Debt-free and Proud!
    edited 17 June 2020 at 2:04PM
    Well done Lynneee and MidsHollie!! I've not got anything to update, pretty stagnant here as made the big payment at the start of the month. Am trying to reign in my spending as I keep wanting to spend money on hobbies, and upcoming socialising. I'm going to have to get a second job if I want to spend and save I think!

    Edit:
    To say that looking through the posts I don't think I updated last payday. Now at 4/6k so 66% .

    I still haven't got my car serviced, which is a big one... so will see if I do that before payday, otherwise will move some more money over. I have about 400 in my normal account and a food shop, partners birthday (homemade) cocktails and cake to make plus some little gifts to buy, three days work travel, sooooooo will see how much I have left. 
    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!
  • missyv30
    missyv30 Posts: 188 Forumite
    Seventh Anniversary 100 Posts Combo Breaker
    Hi can I still join at this time my 1% = £186.36 thanks 
    :j

    Debt as of Jan 17 £32990.71: :eek:
    Debt as of June 2020 £18636
  • ditty1234
    ditty1234 Posts: 2,116 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Hi am excited as I have now hit 4 % £200/£6000 
    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 25
  • Hi, can I join in now please?

    I’m setting myself a smaller target for the rest of the year £1686 so my 1% will be £16.86.
    This money was spent on a pushchair and a masters module towards my postgrad degree and I’ve only been paying minimums for the last 2 years (total debt £22248).

    Total debt June 2021 = £24359

    Estimated debt free date = October 2024

  • Honeysucklelou2
    Honeysucklelou2 Posts: 4,800 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Don’t know how I haven’t seen this challenge before but could I join for the rest of the year? My 1% is £69.70.
    Thank you.
    paydbx2025 #26 £890/£5000 . Mortgage start £148k June 23 - now £138k.
    2025 savings challenge £0/£2000
    EF £140. Savings 2 £30.00. 17
  • Sharon87
    Sharon87 Posts: 4,011 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I'm number 25 - I am on 20% now!! debt is at £9199. Next month it'll be below 9k!
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