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1% challenge 2023

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  • craftingmad
    craftingmad Posts: 3,341 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Morning everyone.

    Finally I have added some more money (£130) into the OP saving pot from my chippy wages.

    My total now stands at £20792.80/£47300 = 43.95% 

    I'm annoyingly close to the 44% mark but it feels so far off at the moment :(   
    Mortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.02
  • craftingmad
    craftingmad Posts: 3,341 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Morning all,

    Just quickly popping in with a further £258 from subscription savings and £75 from rent increase from one of the rentals.

    This take my total now to £21125.80/£47300 = 44.66% 

    I'm edging closer to the 45% mark now :) 
    Mortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.02
  • AntoMac
    AntoMac Posts: 2,653 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    I am now at £1161/£4955 I.e. 23.43 pc
    You’ve paid nearly half of one of your mortgages off @craftingmad
    That’s really impressive
    27/5/17 Mort 64705 BTs 1904031/12/17 Mort 59815 BT 1673007/04/20 Mort 49208 BT 1572128/07/20 Mort 47387 BT 1263414/11/20 Mort 45905 BT 10134 20/05/21 Mort 42335 BT 686811/08/22 Mort 32050 BT 2915Sealed Pot Challenge 16 Number 5
  • craftingmad
    craftingmad Posts: 3,341 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    AntoMac said:
    I am now at £1161/£4955 I.e. 23.43 pc
    You’ve paid nearly half of one of your mortgages off @craftingmad
    That’s really impressive
    Thank you.
    You are doing amazingly well too x
    Mortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.02
  • craftingmad
    craftingmad Posts: 3,341 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I have finally managed to pay a bit more into the OP savings pot today.
    £175.50 from my chippy job and £21.78 from a website sale so a further £197.28 in total. Nowhere near a full 1% but all these amounts seem to be making a difference :) 

    My total now stands at £21323.08/£47300 = 45.08% 

    I'm over 45% now which makes me very happy  :):):)  
    Mortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.02
  • craftingmad
    craftingmad Posts: 3,341 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Sorry its me again.
    Managed to add the grand sum of £35.24 into the OP savings pot today made up from a website order and a postage claim for a missing parcel.
    Not huge progress but still a little step closer to our mortgage free dream :) 

    This takes my total to £21358.32/£47300 = 45.15% 

    The little 0.01%'s do add up as it is moving in the right direction :) 
    Mortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.02
  • craftingmad
    craftingmad Posts: 3,341 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Bet you cannot guess who ;) 

    I've just managed to add £221.40 into the savings pot from my original chippy wages and £7.21 from returning something to Amazon I never used and no longer needed.

    My total now stands at £21586.93/£47300 = 45.63%

    Its payday for the other chippy tomorrow so fingers crossed I will be able to add quite a bit from there into the pot :)
    Mortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.02
  • craftingmad
    craftingmad Posts: 3,341 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Only me again - sadly I've still not been paid from the chip shop (it better come soon or I wont be working tomorrow!) but all the savings accounts have now paid their interest for the month so I can declare a further £320.45 has been added to the OP savings pot today :) 

    My total is now £21907.38/£47300 = 46.31% 

    I've hit the 46% mark      <3
    Mortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.02
  • NeverendingDMP
    NeverendingDMP Posts: 2,191 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    edited 29 August 2023 at 4:24PM
    Well done it's going well. I'm still at 3% but staying steady. Hope the chippy pays you soon x
    Jan 18 Joint debts 35,213

    Mortgage Jan 18- 77224 May 25- just under 65k

    June 25 Debts in my name only £5170. DH can't keep track...
  • craftingmad
    craftingmad Posts: 3,341 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Good morning. Payment has finally come through for the second chippy job so this has been paid into the OP pot savings account.

    My total now stands at £22794.80/£47300 = 48.19% 

    Getting closer to that magic 50%  :) 
    Mortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.02
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