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2020 1% challenge

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Comments

  • DrCarrie said:
    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!)
    Hi DrCarrie,
    Welcome to the 2020 1% challenge. I've assigned you number 47. 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.
  • 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.
    Hi Suzanne54321B,
    Welcome to the 2020 1% challenge. I've assigned you number 48. 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.
  • #46
    Had a great weekend selling and also got gifted some money from my Dad for helping him out.  Now at 4%, can’t wait to make the overpayment once the monies clear in the account.  Breaking the amount down really helps.
  • Hi All,

    #18 checking in with 28%.
    I might have more to add later in the month as payday has changed now. My original aim was 25% this year. Now I’m aiming for 30%, but wondering if I should aim for 33%!

    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



  • DrCarrie
    DrCarrie Posts: 923 Forumite
    Ninth Anniversary 500 Posts Debt-free and Proud! Photogenic
    Number 47 checking in - 5% off = 1060 :)
    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
  • bigbeff
    bigbeff Posts: 1,119 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I know I am late to the game but can I come and join the fun? My 1% is £35. Printed out my square, can't wait to get colouring :)
    Debt busting 2022 Total £15842.68 £0 (100% paid since 1/1/22)
  • bigbeff said:
    I know I am late to the game but can I come and join the fun? My 1% is £35. Printed out my square, can't wait to get colouring :)
    Hi bigbeff,
    Welcome to the 2020 1% challenge. I've assigned you number 49. 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.
  • #46 Now at 5% 😀
  • #46 now at 6% = £924
  • #46 at 7% = £1170, managed to move some funds from pot now not required.
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