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2020 1% challenge

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Comments

  • #46 now at 8% - £1232
  • DrCarrie
    DrCarrie Posts: 923 Forumite
    Ninth Anniversary 500 Posts Debt-free and Proud! Photogenic
    #46 now at 8% - £1232
    Going great guns!
    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
  • DrCarrie said:
    #46 now at 8% - £1232
    Going great guns!
    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
    DrCarrie Posts: 923 Forumite
    Ninth Anniversary 500 Posts Debt-free and Proud! Photogenic
    Garden campfire sounds great :)
    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 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. 
  • 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. 
    Will be nice to have you in on the challenge 😀
  • SuperSavingD
    SuperSavingD Posts: 567 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    edited 26 October 2020 at 3:50PM
    #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 😀.  


  • #46 now at 10% - CB payed so took the £51 needed.  
  • #18 checking in with 30%!!  B)
    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 crossed

    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



  • #18 checking in with 30%!!  B)
    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 crossed
    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.
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