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2020 1% challenge
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#11 Checking In for January total however I need to change my 1% deposit as I want to put a larger deposit down so my new 1% is £91.19, so far I am at 11.75%
Mortgage Amount Outstanding £116,682.20
2025 Mortgage-Free Wannabes #49 £1401.29/£1,250 (104.74%/100.00%)
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I've not been allocated a number yet though I've posted a request to AdventureWanted on page 7.
Jan: £1.00 (credited on the last day of January to my target bill account as a reminder to myself to make overpayments. This was done prior to joining this challenge).
Feb: £7.27 credited to the target account.df-MRes student
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366 Day 1p Challenge 2020: £4.40/£671.61 / The £1,000 Emergency Fund Challenge [2020] #318: £10.90/£1000.00 / 2020 1% challenge [1% = £6.27] : £8.27/£627.41 / Make £2020 in 2020 #131: £10.00/£2020.00 / 2020 Frugal Living Challenge £00.00/£4000.00 / Make £10 a day in December [2018]: £33.00/£310.00 / Make £2018 in 2018: £104.50/£2018.002 -
500E sent to my saver so currently at
25% 1.5k / 6k.
I have done 16 hours of overtime this past month (around 150 after tax I think), and am due to be paid on Friday. I am hoping that I can then put in my 250 monthly amount, plus anything left over from this month (leaving me a 200E buffer in my account) plus the overtime money.
Next month I already have 21 hours of overtime booked in, and not an expensive month planned ahead.
Not sure how else I will be able to make or save extra money to add to this, but excited to have overtime to throw a bit more at it.19/12/14: Spent 10 years of savings!!
:heart2: ..... to buy my first home. :heart2:
11K OP 31.03.19
Current goal: €151,000 deposit Ireland and counting, to buy Spring 2022 we hope!2 -
I've paid off another 2% - number 25. So I'm at 4% now.
Hopefully I'll get a higher percentage next month as I'll be due a lot of Quidco cashback shortly!2 -
I didn’t realise we had a new thread- can I join this years challenge please?
1% is £142
I started playing off my debt in October when the balance hit £14202 and this month I gave myself a challenge to clear my last debt- a loan- before July. The balance was £6500 01/02 and it’s now £4077 23/02. I can’t believe it! Ive taken 14 months off the term of my loan!! I’ve been listening to a lot of Dave Ramsay and it’s really helped me with keeping focus and hitting it hard. I streamlined my budget, cut out all unnecessary spending and earned as much as I could.Currently at 71% paid
£20k in 2023 = £2718 £2023 in 2023 = £196.41 Grocery challenge £250= £195.80 **MONEY MAKES ME HAPPY**3 -
Well done Nat2luv, you've paid off a massive amount!!
I managed to book in overtime for this week, two hours today and a separate 6 hour day on Thursday. I've calulated that after taxes etc, pension and travel for the extra day I should net E64.80, which is 1.07%. This means that this next months overtime should equal about 4% if I get all the hours I've asked for, which is fantasticthe % make it feel like I'd be getting somewhere!!
19/12/14: Spent 10 years of savings!!
:heart2: ..... to buy my first home. :heart2:
11K OP 31.03.19
Current goal: €151,000 deposit Ireland and counting, to buy Spring 2022 we hope!3 -
I'm currently at 23%, I doubt I'll get any further this month. Trying to get 30% by the end of MarchNov 19 CC was: £1334.95 Now: £0!! 1% challenge - 100% Savings:£300.83February take lunch to work: 19/18
Made in Feb: £41.68 Made in March: £32.15
Made in April: £31.79, Made in May: £30.182 -
Hello - I have had a bit of good news bad news... I was awarded a PPI payout which I wasn't expecting so have used it to finish paying off my first credit card so that 100% is done. Bad news is that I got a large vet bill so couldn't use all of it, and I also have another cc with a larger balance on it. So my next target is to pay the cc with the larger balance on it - my 1% is now £26.25Not giving up
Working hard to pay off my debt
Time to take back control
https://forums.moneysavingexpert.com/discussion/6290156/crazy-cat-lady-chapter-5-trying-to-recover-from-the-pandemic/p1?new=12 -
Payday yesterday
E250 moved into my saver as per my monthly plan.
E221.4 paid in overtime before tax, so moved this amount over too.
1971.40 / 6K = 32%
I don't know how to make that red on this new forum for the OP to see
... tempted to pay in the extra E8 to top it up to 33%....
Also realised that I needed to budget for car insurance, tax etc here so I'm going to need to start a second saving pot which will mean that this saving will drop down. I keep picking up over time though, 29 hours booked this month and keep saying yes to more.19/12/14: Spent 10 years of savings!!
:heart2: ..... to buy my first home. :heart2:
11K OP 31.03.19
Current goal: €151,000 deposit Ireland and counting, to buy Spring 2022 we hope!2 -
#11 Checking in for February currently at 24.22%
Mortgage Amount Outstanding £116,682.20
2025 Mortgage-Free Wannabes #49 £1401.29/£1,250 (104.74%/100.00%)
2
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