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2020 1% challenge
Comments
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#46 now at 8% - £12322
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Going great guns!SuperSavingD said:#46 now at 8% - £1232Signiture dated 23/09/2025
3-month emergency fund (Cash ISA and PBonds): £5,382/ + £1,500 = £6,882 /£7,500 (Target 1)
Stocks and shares ISA: £2,232.94
Additional pension contributions £0 (target £450pcm)
Overpayment on mortgage: 1% at a time (£1,518)
Big Renno...and appliances. Front of the house, fridge freezer, dishwasher and washing machine)1 -
Just been lucky with the holiday being cancelled. Then helped with my boys going into isolation due to a case in their class, so now we can’t do much in the school holidays either. Will have to do baking, crafts, movies and garden campfire instead. No progress now until the direct debit goes out on the 25th. Thank you.DrCarrie said:
Going great guns!SuperSavingD said:#46 now at 8% - £12323 -
Garden campfire sounds great
Signiture dated 23/09/2025
3-month emergency fund (Cash ISA and PBonds): £5,382/ + £1,500 = £6,882 /£7,500 (Target 1)
Stocks and shares ISA: £2,232.94
Additional pension contributions £0 (target £450pcm)
Overpayment on mortgage: 1% at a time (£1,518)
Big Renno...and appliances. Front of the house, fridge freezer, dishwasher and washing machine)3 -
I love this challenge. I'm motivated but counting down the months is a bit depressing at the moment. I think l will join it properly in 2021. Working on it in the interim though.3
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Will be nice to have you in on the challenge 😀I love this challenge. I'm motivated but counting down the months is a bit depressing at the moment. I think l will join it properly in 2021. Working on it in the interim though.1 -
#46 now at 9% £1489.50 only £51 short of the ten percent so going to have a think at getting that together this week. Under £14k 😀.1
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#46 now at 10% - CB payed so took the £51 needed.0
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#18 checking in with 30%!!
I’m loving this milestone. Last night I thought that I’m going to try a stretch goal of 37.5% by the end of the year. It’s a big ask I think, but potentially do-able, fingers crossedhttps://forums.moneysavingexpert.com/discussion/6086606/debt-free-by-23/p1True LBM, December 2019 = £32934. Current Debt = £12762. 1% Challenge = 61.1%. #51 3-6 Month EF Challenge = £1200/£6000
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Your doing great. It’s good to set a stretch target as it makes you stay focused. I’m hoping to aim for 16% for Christmas.MidsHollie said:#18 checking in with 30%!!
I’m loving this milestone. Last night I thought that I’m going to try a stretch goal of 37.5% by the end of the year. It’s a big ask I think, but potentially do-able, fingers crossed2
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