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2020 1% challenge
Comments
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Have paid £100 towards the CC debt today. Now at #1 - 44%.Don't think I'm going to get to my target debt repayment total by the end of this year, but am grateful that money has finally started coming in to the house again and that we can start paying off the debts again (although at a much slower rate).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 £15,010.60.2 -
Update for number 25 - I'm on 23% now.
I've been earning a bit of extra income making t-shirt designs on teepublic and redbubble. I've not earned much from it but even a small amount is a bonus!1 -
Hi AdventureWanted
Is it possible I can have a number please? The debt total is £14,000 and hoping that this is my last ever debt (other than my current mortgage). So £140 is my 1 percent, this may take a while but I’ll slowly chip away at it.
Thanks2 -
SuperSavingD said:Hi AdventureWanted
Is it possible I can have a number please? The debt total is £14,000 and hoping that this is my last ever debt (other than my current mortgage). So £140 is my 1 percent, this may take a while but I’ll slowly chip away at it.
Thanks
Welcome to the 2020 1% challenge. I've assigned you number 46. 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 £15,010.60.0 -
AdventureWanted said:SuperSavingD said:Hi AdventureWanted
Is it possible I can have a number please? The debt total is £14,000 and hoping that this is my last ever debt (other than my current mortgage). So £140 is my 1 percent, this may take a while but I’ll slowly chip away at it.
Thanks
Welcome to the 2020 1% challenge. I've assigned you number 46. If you could mention your number when checking in that'd be great. Good luck with your 1%s.0 -
Hi all, I am back in the MSE fold. its been a bit of a time, but getting back on the straight and narrow.
I will be setting up and going my 1% challenge in October...no time like the present.
It's a GREAT Challenge. Nice bite size successes....my 1% is £212 (Gah!)3-month emergency fund (Cash ISA & PBs): £4744/ £6,000
Stocks and shares ISA: £1497
Additional pension contributions £0
Overpayment on mortgage: £0
Big Renno..£01 -
I would love to join too please. I plan to do the % on my smallest loan...it’s got 19 months left and I’d love to shorten that by at least 6 months. My 1% will be £31.Not all who wander are lost - J.R.R.Tolkien
🌊 A smooth sea never made a skilled sailor 🌊
My WW and friends diary is here 😁 …
https://forums.moneysavingexpert.com/discussion/6259606/must-try-harder/p11 -
#461% done and on the way towards the next. Apologies but I didn’t include interest in the original working out, so my 1% is actually £154Thanks1
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#46
Made a sale, now at 2%.Thanks1 -
39) Am now at 5 % very happy about that.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
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