2020 1% challenge

SuperSavingD

gettingtheresometime said:

I don't know if anyone is doing this still but I'm up to 55% thanks to selling stuff on ebay

That’s amazing progress.  I moved onto the ‘Pay all your debts by Xmas 2021’.  My figure has increased as booked a holiday for the end of 2022 and the deposit is £1250, so added it to the remaining debt figure.  When are you hoping to be debt free?  Good luck 

gettingtheresometime

SuperSavingD said:

gettingtheresometime said:

I don't know if anyone is doing this still but I'm up to 55% thanks to selling stuff on ebay

That’s amazing progress.  I moved onto the ‘Pay all your debts by Xmas 2021’.  My figure has increased as booked a holiday for the end of 2022 and the deposit is £1250, so added it to the remaining debt figure.  When are you hoping to be debt free?  Good luck 

Sorry for the late reply.
I'd dearly love to be debt free this year but I'm giving myself the deadline of 2022...I've got a couple of sub £1K debt which all going well should be cleared and then I've got 2 debts which may take me until 2022 to clear...but I will get there, especially if I can organise a few 0% BT deals.
I was hoping to walk the Camino this year, postponed from last year  but even that's in doubt, and I've decided that if I don't do it this year, I'll wait until 2023 as I simply couldn't face the crowds in 2022 - if that is the case I'll use the money saved to clear the debts and just start again, which again should speed up the process.
I'm now at 95% - I had a massive clear out of wool that I bought and decided that I didn't like...not only has it cleared the debts it's stopped OH moaning so its a win win really.

SuperSavingD

gettingtheresometime said:

SuperSavingD said:

gettingtheresometime said:

I don't know if anyone is doing this still but I'm up to 55% thanks to selling stuff on ebay

That’s amazing progress.  I moved onto the ‘Pay all your debts by Xmas 2021’.  My figure has increased as booked a holiday for the end of 2022 and the deposit is £1250, so added it to the remaining debt figure.  When are you hoping to be debt free?  Good luck 

Sorry for the late reply.
I'd dearly love to be debt free this year but I'm giving myself the deadline of 2022...I've got a couple of sub £1K debt which all going well should be cleared and then I've got 2 debts which may take me until 2022 to clear...but I will get there, especially if I can organise a few 0% BT deals.
I was hoping to walk the Camino this year, postponed from last year  but even that's in doubt, and I've decided that if I don't do it this year, I'll wait until 2023 as I simply couldn't face the crowds in 2022 - if that is the case I'll use the money saved to clear the debts and just start again, which again should speed up the process.
I'm now at 95% - I had a massive clear out of wool that I bought and decided that I didn't like...not only has it cleared the debts it's stopped OH moaning so its a win win really.

Wow you are doing amazing clearing the debt especially clearing out at the same time too.  Yes we are avoiding going abroad this year.  You sound like you everything under control x

ditty1234

I am so close to my first 10 % at 8.5, 9.2%. Hoping to get close to 50% this year.

outoftheviciouscircle

I’m guessing no one reads or contributes to this challenges anymore. 

I haven’t been on the boards for a while but unfortunately I’ve found myself back in debt and I came on the boards particularly looking for this challenge. 

Disappointing to see that there is no 2021 challenge as I love the concept of breaking down the debt into smaller manageable chunks. 

Im going to continue posting on this thread as it seems silly to start a 2021 thread unless anyone wants to join me. It’ll also keep me motivated. Will update with my plans and figures shortly.