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1% challenge 2023
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Morning everyone
Great news. I have finally been paid from the cafe and it was slightly more than I was expecting - £261.58 as I was owed a bit more holiday.
So my total now currently stands at £7586.55/£7500 = 101.15%
It's taken us just under three years but we can finally say we have all the money saved to pay off £212,000 of mortgages. Just writing that down makes me so happy
My next challenge is get some money saved ready for our early retirement plans
I'll sit down and work out actually figures after work today but have to say I'm really excited to see our hard work paying off and actually now daring to dream about our retirement happening sooner rather than later 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 £77,497.021 -
Well done. You’ve worked so hard for this. Enjoy the achievementMortgage at 01.01.14 £119,481.83:eek: today £0 Emergency fund £5.5/5.5k & £200/200 cash.:jWeight 24/02/19 14st 7lb now 11st 12lb determined to stop defining myself by my mistakes. Progress not perfection.:T100%through my 1% mortgage challenge. 100% through my pb challenge. I’m not perfect but I’m good enough for now.1
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Fantastic news and what an achievement. Well done!craftingmad said:Morning everyone
Great news. I have finally been paid from the cafe and it was slightly more than I was expecting - £261.58 as I was owed a bit more holiday.
So my total now currently stands at £7586.55/£7500 = 101.15%
It's taken us just under three years but we can finally say we have all the money saved to pay off £212,000 of mortgages. Just writing that down makes me so happy
My next challenge is get some money saved ready for our early retirement plans
I'll sit down and work out actually figures after work today but have to say I'm really excited to see our hard work paying off and actually now daring to dream about our retirement happening sooner rather than laterJan 18 Joint debts 35,213
Mortgage Jan 18- 77224 Jan 26- just under 64k
June 25 Debts in my name were £5170. Now 5178 (Jan 26)
DH debts ?? at a guess £15k1 -
Oh wow Crafting, that's fantastic news. I lost my bet - I said November! Congratulations. woo hoo. Well done on the retirement next - do you have much in a retirement pot already or starting fresh?Sept 24 : £32000 Aug catch up - £11436 Dec 25 - £8975
May 25 : £14000 Sept 25 - £10635 Jan 26 -
June 25 : £13000 Sep catch up - £10356
July 25 : £12000 Oct 25 - £9569
Aug 25 : £11880 Nov 25 - £92751 -
67.31% for me today Sept 24 : £32000 Aug catch up - £11436 Dec 25 - £8975
May 25 : £14000 Sept 25 - £10635 Jan 26 -
June 25 : £13000 Sep catch up - £10356
July 25 : £12000 Oct 25 - £9569
Aug 25 : £11880 Nov 25 - £92751 -
Well done. I'm at 15% now. Helped by my 37 pence of interest from my chase account!Highlanddream said:67.31% for me todayJan 18 Joint debts 35,213
Mortgage Jan 18- 77224 Jan 26- just under 64k
June 25 Debts in my name were £5170. Now 5178 (Jan 26)
DH debts ?? at a guess £15k2 -
Nice one NeverendingNeverendingDMP said:
Well done. I'm at 15% now. Helped by my 37 pence of interest from my chase account!Highlanddream said:67.31% for me today
It is always a result when you reach a 'round' figure. Sept 24 : £32000 Aug catch up - £11436 Dec 25 - £8975
May 25 : £14000 Sept 25 - £10635 Jan 26 -
June 25 : £13000 Sep catch up - £10356
July 25 : £12000 Oct 25 - £9569
Aug 25 : £11880 Nov 25 - £92751 -
67.45%, only 0.1 difference lol. This month I hope to finish paying a credit card off, I have been paying it off for months so am really looking forward to that, I will be down to one card and one loan to go.Sept 24 : £32000 Aug catch up - £11436 Dec 25 - £8975
May 25 : £14000 Sept 25 - £10635 Jan 26 -
June 25 : £13000 Sep catch up - £10356
July 25 : £12000 Oct 25 - £9569
Aug 25 : £11880 Nov 25 - £92752 -
Still a difference so well doneHighlanddream said:67.45%, only 0.1 difference lol. This month I hope to finish paying a credit card off, I have been paying it off for months so am really looking forward to that, I will be down to one card and one loan to go.Jan 18 Joint debts 35,213
Mortgage Jan 18- 77224 Jan 26- just under 64k
June 25 Debts in my name were £5170. Now 5178 (Jan 26)
DH debts ?? at a guess £15k1 -
Epic fail from me. I have to have paid 1500 a month in my chase account to qualify for the cash back. It can be in the account for literally five minutes.but I forgot so there will be no cashback this month. Ah well silly me. It's normally only about a tenner but it's still a shame I've missed it.Jan 18 Joint debts 35,213
Mortgage Jan 18- 77224 Jan 26- just under 64k
June 25 Debts in my name were £5170. Now 5178 (Jan 26)
DH debts ?? at a guess £15k2
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