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2021 1% Challenge

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  • Jensfrugalyear
    Jensfrugalyear Posts: 255 Forumite
    100 Posts Second Anniversary Name Dropper
    edited 10 September 2021 at 10:40AM
    Have paid £21 to my EF this week

    Total is currently £66.36 so 6% in the pot....just 94%to go 😀
    On the long journey to debt freedom...here we go....

    Credit cards:
    Natwest card - now closed was £500 balance
    Tesco credit card £1878.89/3300
    Husband Bcard £4100/9400 - 0%
    Sainsburys cc £4839/6000 -0%
    My bcard £5215/8000
    Halifax CC £6588/8000 -0%
    MBNA CC £9150/12000 -0%

    Loans:
    Natwest Loan £14167 - ends sept 26
    Old car loan £1897 - ends May 24
    Consolidation loan - £6020 ends oct 26


    Tax bill -57 ends next month
    Student loan about 5k ends Mar 24



  • outoftheviciouscircle
    outoftheviciouscircle Posts: 793 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    Yay, I've actually made 1.83% but I've decided not to pay it off until I get £349 so I can clear the AO account.

    Fingers crossed I'll be able to do that this month.

    I've done this mainly by surveys and selling things that aren't nailed down lol. There'll be nothing left to sell soon.
    Total debt when my journey began in December 2022- £66,133.42
    Current debt May 2024- £40,064.57
    Repaid 39.42%

    My Debt Free Wannabe Diary
    https://forums.moneysavingexpert.com/discussion/6411146/the-final-bite-of-the-cherry-journey-to-clear-66k#latest

  • EViepuppy
    EViepuppy Posts: 1 Newbie
    Fourth Anniversary Photogenic First Post
    Wow, both of you are doing really well. Keep up the good work. 
  • Jensfrugalyear
    Jensfrugalyear Posts: 255 Forumite
    100 Posts Second Anniversary Name Dropper
    Another £7 to the emergency fund this week so upto £73.36 which is just over 7% 😄
    On the long journey to debt freedom...here we go....

    Credit cards:
    Natwest card - now closed was £500 balance
    Tesco credit card £1878.89/3300
    Husband Bcard £4100/9400 - 0%
    Sainsburys cc £4839/6000 -0%
    My bcard £5215/8000
    Halifax CC £6588/8000 -0%
    MBNA CC £9150/12000 -0%

    Loans:
    Natwest Loan £14167 - ends sept 26
    Old car loan £1897 - ends May 24
    Consolidation loan - £6020 ends oct 26


    Tax bill -57 ends next month
    Student loan about 5k ends Mar 24



  • outoftheviciouscircle
    outoftheviciouscircle Posts: 793 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    Thats amazing, 7% in 2 weeks is brilliant progress.

    I've hit a little milestone today. I have actually reached £349 so I am able to pay my AO debt off in full today. So that is 2.49% meaning so far in September I have paid off 4.22%.

    Hopefully I'll get to 5% by the end of the month, I actually can't wait to see that percentage hit double figures.
    Total debt when my journey began in December 2022- £66,133.42
    Current debt May 2024- £40,064.57
    Repaid 39.42%

    My Debt Free Wannabe Diary
    https://forums.moneysavingexpert.com/discussion/6411146/the-final-bite-of-the-cherry-journey-to-clear-66k#latest

  • Jensfrugalyear
    Jensfrugalyear Posts: 255 Forumite
    100 Posts Second Anniversary Name Dropper
    outoftheviciouscircle said:
    Thats amazing, 7% in 2 weeks is brilliant progress.

    I've hit a little milestone today. I have actually reached £349 so I am able to pay my AO debt off in full today. So that is 2.49% meaning so far in September I have paid off 4.22%.

    Hopefully I'll get to 5% by the end of the month, I actually can't wait to see that percentage hit double figures.
    That's amazing, well done. Hope you had a little celebration 😀
    On the long journey to debt freedom...here we go....

    Credit cards:
    Natwest card - now closed was £500 balance
    Tesco credit card £1878.89/3300
    Husband Bcard £4100/9400 - 0%
    Sainsburys cc £4839/6000 -0%
    My bcard £5215/8000
    Halifax CC £6588/8000 -0%
    MBNA CC £9150/12000 -0%

    Loans:
    Natwest Loan £14167 - ends sept 26
    Old car loan £1897 - ends May 24
    Consolidation loan - £6020 ends oct 26


    Tax bill -57 ends next month
    Student loan about 5k ends Mar 24



  • Jensfrugalyear
    Jensfrugalyear Posts: 255 Forumite
    100 Posts Second Anniversary Name Dropper
    Hi All

    Another week done and its payday for me so I've been able to send a bug chunk over!

    Total in my EF is now £284.58 so I am almost at 28.5% 😀
    On the long journey to debt freedom...here we go....

    Credit cards:
    Natwest card - now closed was £500 balance
    Tesco credit card £1878.89/3300
    Husband Bcard £4100/9400 - 0%
    Sainsburys cc £4839/6000 -0%
    My bcard £5215/8000
    Halifax CC £6588/8000 -0%
    MBNA CC £9150/12000 -0%

    Loans:
    Natwest Loan £14167 - ends sept 26
    Old car loan £1897 - ends May 24
    Consolidation loan - £6020 ends oct 26


    Tax bill -57 ends next month
    Student loan about 5k ends Mar 24



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