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2020 1% challenge

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Comments

  • 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.
  • Sharon87
    Sharon87 Posts: 4,011 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    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!
  • 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
  • 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
    Hi SuperSavingD,
    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.
  • 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
    Hi SuperSavingD,
    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.
    Thank you 😊 
  • DrCarrie
    DrCarrie Posts: 923 Forumite
    Ninth Anniversary 500 Posts Debt-free and Proud! Photogenic
    edited 24 September 2020 at 1:52PM
    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..£0
  • 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/p1

  • SuperSavingD
    SuperSavingD Posts: 567 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    edited 24 September 2020 at 11:30AM
    #46

    1% 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 £154
    Thanks
  • #46
    Made a sale, now at 2%.
    Thanks 
  • ditty1234
    ditty1234 Posts: 2,116 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    edited 25 September 2020 at 4:45PM
     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 25
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