1% challenge 2023

NeverendingDMP

So my 1% for debts is £55. Ive paid some off today so it's not likely to change much more this month. My fixed term at work ends in March but if that's renewed the plan is to pay off everything except the old damp debts this year then save a settlement fund for those with a view to finally clearing them in 2027!

DH still has debts being paid from our account but he's not interested in them so I'm aiming for mine to feel like I've achieved something 😂 

Highlanddream

NeverendingDMP said:

So my 1% for debts is £55. Ive paid some off today so it's not likely to change much more this month. My fixed term at work ends in March but if that's renewed the plan is to pay off everything except the old damp debts this year then save a settlement fund for those with a view to finally clearing them in 2027!

DH still has debts being paid from our account but he's not interested in them so I'm aiming for mine to feel like I've achieved something 😂 

Sounds like a good plan, always makes things feel more positive . Is your contract likely to be renewed? 

ThriftyPrincess40

Please could I join? I wasn’t sure if I could manage it but after seeing what I managed today I have hope. I’ve set my target to credit card debt to make it more manageable so 1% of 15,250 is £152.50 and paid £480 today 👍

Highlanddream

ThriftyPrincess40 said:

Please could I join? I wasn’t sure if I could manage it but after seeing what I managed today I have hope. I’ve set my target to credit card debt to make it more manageable so 1% of 15,250 is £152.50 and paid £480 today 👍

Great to have you aboard @ThriftyPrincess40. Congratulations on your £480 today, that's a brilliant start - looks like you will soon knock that cc debt down😁.  I make it over 3% paid, and it's only the 1st of Jan!

NeverendingDMP

Highlanddream said:

NeverendingDMP said:

So my 1% for debts is £55. Ive paid some off today so it's not likely to change much more this month. My fixed term at work ends in March but if that's renewed the plan is to pay off everything except the old damp debts this year then save a settlement fund for those with a view to finally clearing them in 2027!

DH still has debts being paid from our account but he's not interested in them so I'm aiming for mine to feel like I've achieved something 😂 

Sounds like a good plan, always makes things feel more positive . Is your contract likely to be renewed? 

I have had it renewed twice since my initial 6 months contract but there are a lot of changes going on and new systems being brought in at the moment so I'm not completely sure this time. I'm trying to be aware of it but not worry. (Damp should be dmp btw. Whoops). The dmp debts cant take what I don't have and neither can the universal credit one. If I just have those left by march then it's a win I suppose. It's a big ask as the kids b days are all in the first few months but I'll see.

NeverendingDMP

ThriftyPrincess40 said:

Please could I join? I wasn’t sure if I could manage it but after seeing what I managed today I have hope. I’ve set my target to credit card debt to make it more manageable so 1% of 15,250 is £152.50 and paid £480 today 👍

Hello and welcome. Well done on your payment today. 

Highlanddream

NeverendingDMP said:

Highlanddream said:

NeverendingDMP said:

So my 1% for debts is £55. Ive paid some off today so it's not likely to change much more this month. My fixed term at work ends in March but if that's renewed the plan is to pay off everything except the old damp debts this year then save a settlement fund for those with a view to finally clearing them in 2027!

DH still has debts being paid from our account but he's not interested in them so I'm aiming for mine to feel like I've achieved something 😂 

Sounds like a good plan, always makes things feel more positive . Is your contract likely to be renewed? 

I have had it renewed twice since my initial 6 months contract but there are a lot of changes going on and new systems being brought in at the moment so I'm not completely sure this time. I'm trying to be aware of it but not worry. (Damp should be dmp btw. Whoops). The dmp debts cant take what I don't have and neither can the universal credit one. If I just have those left by march then it's a win I suppose. It's a big ask as the kids b days are all in the first few months but I'll see.

You have my sympathy, it's a horrible feeling not knowing. Keeping everything crossed for you. I figure dump meant DMP, it made me laugh!

ThriftyPrincess40

Highlanddream said:

ThriftyPrincess40 said:

Please could I join? I wasn’t sure if I could manage it but after seeing what I managed today I have hope. I’ve set my target to credit card debt to make it more manageable so 1% of 15,250 is £152.50 and paid £480 today 👍

Great to have you aboard @ThriftyPrincess40. Congratulations on your £480 today, that's a brilliant start - looks like you will soon knock that cc debt down😁.  I make it over 3% paid, and it's only the 1st of Jan!

Highlanddream said:

ThriftyPrincess40 said:

Please could I join? I wasn’t sure if I could manage it but after seeing what I managed today I have hope. I’ve set my target to credit card debt to make it more manageable so 1% of 15,250 is £152.50 and paid £480 today 👍

Great to have you aboard @ThriftyPrincess40. Congratulations on your £480 today, that's a brilliant start - looks like you will soon knock that cc debt down😁.  I make it over 3% paid, and it's only the 1st of Jan!

Thank you, I’m well chuffed! Ooo yes it’s just over 3% I’m not great with percentages, I’ll take it ❤️ even more exciting 🥳

NeverendingDMP

Highlanddream said:

NeverendingDMP said:

Highlanddream said:

NeverendingDMP said:

So my 1% for debts is £55. Ive paid some off today so it's not likely to change much more this month. My fixed term at work ends in March but if that's renewed the plan is to pay off everything except the old damp debts this year then save a settlement fund for those with a view to finally clearing them in 2027!

DH still has debts being paid from our account but he's not interested in them so I'm aiming for mine to feel like I've achieved something 😂 

Sounds like a good plan, always makes things feel more positive . Is your contract likely to be renewed? 

I have had it renewed twice since my initial 6 months contract but there are a lot of changes going on and new systems being brought in at the moment so I'm not completely sure this time. I'm trying to be aware of it but not worry. (Damp should be dmp btw. Whoops). The dmp debts cant take what I don't have and neither can the universal credit one. If I just have those left by march then it's a win I suppose. It's a big ask as the kids b days are all in the first few months but I'll see.

You have my sympathy, it's a horrible feeling not knowing. Keeping everything crossed for you. I figure dump meant DMP, it made me laugh!

Thanks. I'm not getting on very well with my new glasses 😂 

ThriftyPrincess40

Paid £50.04 today I’m getting close to 4% 😍