2020 1% challenge
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AdventureWanted
Posts: 1,474 Forumite
Welcome to the new home for the 2020 1% Challenge - 100 ways to make your 1%. Little Miss Uni debt started this amazing thread, and I’ve copied below her first post from the previous thread:
What's it all about?
Basically the idea is that money comes to us in lots of small ways and we don't often realise it. When faced with a big debt it can be overwhelming and we find ourselves just waiting for the next pay day when we can make a large payment.
However, we shouldn't be counting paydays as that's really demotivating, we should be saying we're 100 steps away from being Debt Free or our Savings Target. Each step is 1%. You can do those steps as fast or as slow as you like, as long as you are making progress. There are many ways you can make your 1%. So many in fact that we’ve put together a list of over 100+ ways you can make 1%. Some can even be done several times!!
When the budget has settled and you have a long journey ahead of you, it often gets tough, trying to look for the light at the end of the tunnel. We often push ourselves hard but always wish we could pay more, do more and save more. Sometimes it's hard to be satisfied with the baby steps that we know are good for us.
By doing it 1% at a time and celebrating every milestone, you're on the debt-free ladder & you know exactly which rung you're on. You can take the steps as fast or slow as you like. When you need to, you can pause for a while and reflect on your progress and then carry on renewed.
We need to enjoy the journey and not just the destination.
Three Golden Rules
1. You MUST pay your minimums to your debts each month (This is covering your interest) The percents you earn are in addition to covering your monthly minimums.
2. Always work with accurate balances. Honesty with yourself now saves you from being disappointed with your balances later on.
3. When you feel overwhelmed or demotivated just focus on your next 1%
How To Join in on the challenge! -
Post in BIG colourful letters, your name, 1% and total so far. I'll add you to the list. e.g LITTLE MISS UNI-DEBT - 1% is £80.
What you might need :-
• Moneybox / petty cash tin (keep your £s safe!)
• 100 wage envelopes, or 100 paperclips - (the freer the better - useful if you are saving physical money eg. change/money made from Facebook sales, etc)
• Notebook
• Free printable 100 square
How to...
Take your exact debt or savings total and divide by 100.
Round UP to the nearest £1 or £10. This is your 1%
In your notebook start a list of 100 ways that you can earn 1%
Print the ideas list below for inspiration
Use the thread for support & motivation
Contribute new ideas and what worked for you
Shout up and join the list & get a member number.
Post a weekly/monthly update of what you've done and how you did it!
Colour in your progress on your 100 square
Put your member number in your sig, and your % so far & spread the word!
Important Notes
***You MUST MUST MUST pay your minimum payments to all of your debts.***
Your 1%'s are what you owe, your min payments (if not 0% CCs) are the interest you are paying. I consider the min payments as a 'service charge' the cost of rolling your debt on to the next month. This makes you consider just how much your debt is costing you each month!
As you pay your 1%'s to your cards, your min payments will start to drop. The faster you put your 1%'s to your cards the less interest you will pay.
If you save up to 100% and pay it off in one go this is MORE expensive than paying each 1% as soon as you have earned it. (I try to save 5% then pay it off)
This challenge is probably best for debts/savings £20k or less.
If you find your 1% still too daunting, just decide on how much you want to pay off this year. Divide it by 100. That should give you a 1% figure that is more suitable. Some find it easier to do one card at a time, starting with the highest interest rate.
If your debt is still increasing through spending, this challenge isn't right for you yet. You need to go back a step to your SOA and re-work it until your debt is steady and you have a little room for overpayments. Then come back when you're ready!
Please contribute your 1% ideas - we need to build a fantastic list for people to choose from!
Anyone wanting to join please post in BIG letters and you’ll get assigned a number.
What's it all about?
Basically the idea is that money comes to us in lots of small ways and we don't often realise it. When faced with a big debt it can be overwhelming and we find ourselves just waiting for the next pay day when we can make a large payment.
However, we shouldn't be counting paydays as that's really demotivating, we should be saying we're 100 steps away from being Debt Free or our Savings Target. Each step is 1%. You can do those steps as fast or as slow as you like, as long as you are making progress. There are many ways you can make your 1%. So many in fact that we’ve put together a list of over 100+ ways you can make 1%. Some can even be done several times!!
When the budget has settled and you have a long journey ahead of you, it often gets tough, trying to look for the light at the end of the tunnel. We often push ourselves hard but always wish we could pay more, do more and save more. Sometimes it's hard to be satisfied with the baby steps that we know are good for us.
By doing it 1% at a time and celebrating every milestone, you're on the debt-free ladder & you know exactly which rung you're on. You can take the steps as fast or slow as you like. When you need to, you can pause for a while and reflect on your progress and then carry on renewed.
We need to enjoy the journey and not just the destination.
Three Golden Rules
1. You MUST pay your minimums to your debts each month (This is covering your interest) The percents you earn are in addition to covering your monthly minimums.
2. Always work with accurate balances. Honesty with yourself now saves you from being disappointed with your balances later on.
3. When you feel overwhelmed or demotivated just focus on your next 1%
How To Join in on the challenge! -
Post in BIG colourful letters, your name, 1% and total so far. I'll add you to the list. e.g LITTLE MISS UNI-DEBT - 1% is £80.
What you might need :-
• Moneybox / petty cash tin (keep your £s safe!)
• 100 wage envelopes, or 100 paperclips - (the freer the better - useful if you are saving physical money eg. change/money made from Facebook sales, etc)
• Notebook
• Free printable 100 square
How to...
Take your exact debt or savings total and divide by 100.
Round UP to the nearest £1 or £10. This is your 1%
In your notebook start a list of 100 ways that you can earn 1%
Print the ideas list below for inspiration
Use the thread for support & motivation
Contribute new ideas and what worked for you
Shout up and join the list & get a member number.
Post a weekly/monthly update of what you've done and how you did it!
Colour in your progress on your 100 square
Put your member number in your sig, and your % so far & spread the word!
Important Notes
***You MUST MUST MUST pay your minimum payments to all of your debts.***
Your 1%'s are what you owe, your min payments (if not 0% CCs) are the interest you are paying. I consider the min payments as a 'service charge' the cost of rolling your debt on to the next month. This makes you consider just how much your debt is costing you each month!
As you pay your 1%'s to your cards, your min payments will start to drop. The faster you put your 1%'s to your cards the less interest you will pay.
If you save up to 100% and pay it off in one go this is MORE expensive than paying each 1% as soon as you have earned it. (I try to save 5% then pay it off)
This challenge is probably best for debts/savings £20k or less.
If you find your 1% still too daunting, just decide on how much you want to pay off this year. Divide it by 100. That should give you a 1% figure that is more suitable. Some find it easier to do one card at a time, starting with the highest interest rate.
If your debt is still increasing through spending, this challenge isn't right for you yet. You need to go back a step to your SOA and re-work it until your debt is steady and you have a little room for overpayments. Then come back when you're ready!
Please contribute your 1% ideas - we need to build a fantastic list for people to choose from!
Anyone wanting to join please post in BIG letters and you’ll get assigned a number.
LBM Aug 2017.
Debt at LBM - £30,055
Debt at highest - £43,148.59
Current debt - £18,880.00
EF - £1,000.00
Challenges
PAYDBX 2021 - #29 Pd £2,355 / £8,000 PAYDBX 2020 - Pd £6,459.00 | PAYDBX 2019 - Pd £16,945.60 | PAYDBX 2018 - Pd £15,010.60.
Debt at LBM - £30,055
Debt at highest - £43,148.59
Current debt - £18,880.00
EF - £1,000.00
Challenges
PAYDBX 2021 - #29 Pd £2,355 / £8,000 PAYDBX 2020 - Pd £6,459.00 | PAYDBX 2019 - Pd £16,945.60 | PAYDBX 2018 - Pd £15,010.60.
1
Comments
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Little miss uni-debts OFFICIAL ‘1% at a time’ LIST
100+ ways to make your 1%
SELLING - EARNING – SAVING
Print out the list!
Circle ones you definitely can do, cross out ones that don’t apply, put a star by the ‘maybes’.
Don’t forget some can be repeated & some will earn more than 1% for you.
Get Started!
Selling – Making money from things you already have.
What to sell…
Check your loft, car, shed, under stairs, storage, garages for anything unused then decide where to sell it using the ‘Where to sell’ list below.
1. Clothes – Get cash for your clothes by the kilo – also local drop off stores are available.
cashforclothing (50p per kg)
jendacollections (40p per kg)
sellmyclothes (£1+ per kg + free collection)
returntoearn (60p per kg)
clothesbank (60p per kg)
2. Precious Metals - Gold, Silver & Platinum – Check prices paid on postal gold websites, e.g. cashforgold, Hatton Garden Metals, Cash4Gold or your local gold exchange or jewellery shop.
3. Collectables - coins, stamps, china, ornaments, beanie babies, Yu Gi Oh, Pokemon cards.
4. Baby & Maternity items – Netmums or other parenting forums. Don’t forget children out grow their shoes while they’re still in good condition.
5. Expensive Electronics - Ipods, straighteners, Consoles, laptops etc. Even broken items still fetch £'s as people use them as spares/repair
6. Books - Amazon Trade-in, Green Metropolis, Zapper, FatBrain, WeBuyBooks. Try BookBarn/Abe Books for rare or sought after books.
7. Media – Sell CDs, DVDs & Games - MusicMagpie, CashConverters, CEX/WeBuy
8. Foreign Currency – Make the most of the change left over from holiday. e.g. Cash4Coins
9. Scrap Metal. Collect any scraps from your shed, garage, off cuts from plumbing, boiler replacements or house renovation. Take it to a local scrap yard, get cash based on the weight & metal type. Don't forget to take ID.
10. Musical instruments These often can be sold to a local music store, on eBay or Gumtree, listed as ‘buyer collects’ to avoid posting expensive fragile items.
11. Mobile phones – Trade in old mobiles, shop around for the best price for your model. E.g. Envirofone & Mazuma.
12. Large Items - unused cars, bikes, gym equipment, golf clubs & bags, working white goods replaced when upgrading, furniture. You also get the added bonus of extra space.
Where to sell...
Car boot, Village Halls, Fayres, Craft shows
EBay - Use free listing weekends. Even random things sell! Best time for listings to end is between 8pm and 10pm on a Sunday.
Gumtree
Local Paper
Freeads
Play.com, Amazon marketplaces/trade-in.
Notice boards at work, schools or village halls
Online classifieds or online version of your local paper – e.g. https://www.thisisads.co.uk & pick your county.
Freecycle – Although most items here are ‘free to a good home’ some ads do ask for a donation/price
Craigslist – Although US based, it still works if you are selling digital services. e.g. music tuition via Skype.
Earning – Requires investing your time to earn. Making your own products or providing a service to earn extra in your free time.
13. Overtime Picking up extra hours at your existing job is the simplest way to ‘up your income’.
14. Part time work Bars, nightclubs, evening factory shifts, cleaning, catalogue delivery all have flexible hours. Use Direct.gov to search for local p/t jobs.
15. Feedback for Developers UserTesting.com & lets you become a beta tester for new websites that are being built. You report any errors, bugs and your opinions. Get paid $10 into your PayPal for 15 min reviews.
16. Crafting - Quilts, Greetings cards, face painting, temporary tattoos, party bags, hampers, nappy cakes, invitations, hair accessories, bath bombs, cross-stitch cards (ask 415SanFran & CraftingMad). These can be sold on Folksy, Etsy, your local Facebook group, Gumtree or at local events.
17. Freelancing – Use your skills and earn money proofreading, completing data entry, CV & article writing. Also good for anyone with artistic, technical or specialist skills. Elance.com & ODesk are busy workplaces where you can bid on jobs.
18. Pocket Money Freelancing. You can offer ‘gig’s on Fiverr, FiveSquids. Where you offer a simple service for a flat fee.
19. Affiliates. Lots of websites run affiliate schemes. You get a commission any time you help the company to make a sale. Create an affiliate site (ask Little Miss if you need any help)
20. Competitions - see competitions board
21. Local Errands - Dog walking, house sitting, , lawn cutting, errands, car washing, ironing, tutoring, music lessons, Avon, hosting makeup, underwear parties
22. Check-in Apps Use QuidCo app when out shopping; get 10p or 15p for every shop you check into.
23. Change - Look for cash on the ground. If out in a pub, notes are usually found by on the floor by the bar or by the fruit machines. Take to the police station, leave your name & address. If it's not collected, it legally becomes yours.
24. Shopping Checks - Use the FieldAgent app, get paid around £7 for every price or store check your do.
25. Mystery Shopping / Dining
26. Baking - Cupcakes, cake-pops, wedding cakes. Ideal for parties, country fairs etc
27. Local Businesses – Try to strike up a relationship where you get a commission for any sales you refer. Your local gym often has this scheme in place already.
28. Typing – TV subtitles and Film ‘closed captions’ can be done from home.
29. Plants - Germinate seeds & sell as plants
30. Writing - If you have experience in a particular subject or niche, write an e-book an sell it online (Ask Little Miss if you need help)
31. Reviews & Surveys - DooYoo, Ciao, Valued Opinions, Swagbucks, Pure profile, My Survey, Superpoints, Maximiles, One Poll, Global Test Market, SlicethePie, YouGov, Royal Mail Surveys
32. Focus groups - schoolzone.co.uk for teaching staff.
33. Bank Accounts - Switch to a Halifax Reward account & get £5 pcm
34. Peer to Peer Lending. If you have savings you could consider using sites like Zopa. Lenders earn better interest on their savings. Borrowers get cheaper loans
35. Government Funding If you're creative and are working on an expensive project that benefits your community - consider applying for National Lottery Funding. Thousands of projects a year are funded. Also look at Business Link they give details for grants and funds to support people in certain areas. May be useful for people wishing to study, start a business or get skills training.
36. ‘Risk Free’ Gambling – Please do plenty of research before starting, follow the guides & never deposit more than you can afford to lose. Matched Betting has an MSE guide. Wahoo Bingo & Bingo referrals have also been mentioned.
37. Cash - Purge your money boxes, tins, old accounts, car ashtrays & down the back of the settee.
38. Video Clips – Instead of uploading your funny moments to YouTube, send them into You've been Framed & potentially get £250
39. Internet Researcher - Join AQA (63336.com) when they are recruiting. Answering questions from home on your PC
40. Lodgers – Advertise your spare room or home on SpareRoom.co.uk if you are looking for a permanent lodger or on AirBnB if you’re happy for guests to pay to stay occasionally. Ideal if you live close to big cities, convention centers, music venues or tourist locations
Saving– Finding ways to minimize the expenses you already have.
41. Clubcard - Use clubcard coupons for grocery shopping, save the cash.
42. Cashback - Use cashback websites before shopping online - TopCashBack, Quidco
43. Promo Codes - Use Hot UK Deals to search for promo codes before buying online
44. Budget - Re-do your SOA to see if you can save an extra percent each week/month out of your budget
45. Direct Debits - Check your direct debits are all correct, cancel any un-used ones & put cash aside
46. Payment Protection Insurance (PPI) - Follow the simple MSE guide to see if you were mis-sold. Consider that it may have been added to any mortgage, loans, car finance, credit cards without you knowing.
47. Bank charges - follow the guidelines on MSE use the letter templates. Get charges returned.
48. Birthdays & Christmas Politely request cash instead of presents. You could also request specific useful items that you would need to buy anyway – then save the cash.
49. Insurance – An expensive essential. Shop around for house, car, life, holiday, mobile phone, business - or any kind of insurance on comparison websites.
50. Returns - Take back any impulse purchase while there's time
51. Faulty products. Don’t forget many electrical items have long warranties. Save buying a new one.
52. Transport - Find free car parking and then walk the last bit into work.
53. Buses - walk an extra 1 or 2 bus stops to decrease the fare or for short journeys walk it all
54. Lunches - Invest in a coolbag & take packed lunches.
55. Daily Spends - Avoid taking cash to work
56. Snacks - Pre-buy snacks/cans to avoid the vending machine prices at work
57. Dentistry - Go to a local dentistry college to avoid expensive treatments
58. Hair & Beauty - Go to local beauty college for lower cost treatments
59. Groceries - Look at Grocery challenges & recipes to get better value for your weekly shop
60. Credit cards - Balance transfers to 0% card will save you interest
61. Avoiding Interest – If you have a close relative who is in a position to lend you money, even if just for 1 debt, the debt becomes interest free.
62. Clothes - Swap clothes on my ‘Big Wardrobe’ instead of buying new
63. Car Repairs - Do some googling - check if what needs to be fixed is a common problem which should be fixed at no cost by the dealership.
64. Days Out - Use Clubcard rewards for days out tickets instead of cash
65. University - Check any local bursaries available to help with fees
66. Loose Change - Ask pubs & shops to change coins instead of paying 8% fee to use CoinStar machines. HSBC also have free coin paying in machines
67. Snowball - Pay off your highest interest debt first. Use the online snowball calc.
68. Loans - If you definitely need a loan contact your local credit union for cheaper than bank rate loans
69. Utilities - Shop around for cheaper gas & electric suppliers. Also works with phone & internet providers too.
70. Holidays - Use the MSE ‘flight-checker’ to find for low cost flights
71. Bills - Give correct Gas, Electric readings to the Utility company instead of going on their estimates. If they have been overestimating it will put your account in credit.
72. Government Allowances - Check those retired in your family are receiving winter fuel allowance.
73. MSE Challenges - Join in with the 'NSD' or 'PAD' challenges or start a spending diary.
74. Reduced Items - Shop at the end of the day. Supermarkets marks down products at different times - Morrisons - around 6pm, Tesco - around 7pm
75. Supermarket Shopping - Some delivery slots are cheaper than bus fare or a petrol thirsty car
76. Books - If you have a Kindle, iPad or iPhone there are a million free books to read on Amazon - to save buying full price paperbacks
77. Entertainment - Reduce your Sky package - get Freeview
78. Loyalty Points - Cash out your Boots, Nectar or other loyalty points for your next purchase
79. Monthly Payments – These are long term savings. You often pay 10% extra to pay your car insurance or TV license monthly. Start saving an extra monthly payment & pay the yearly fee at renewal time
80. Groceries (Shelf Life) - Consider shopping with Approved Foods (VERY cheap online shopping for short date food)
81. Groceries (Best Prices) - Use MySupermarket to find the lowest cost groceries
82. Transport - Trade down to an economical 2nd hand car - can save hundreds in car tax & hundreds in petrol
83. Music - Use ChartBrain or Last.fm on your computer instead of buying new albums/music
84. Appliances - Use Freecycle to pick up replacement washers, freezers etc for free!
85. Opticians - Shop online to save on contact lenses or glasses. Just use the details on your prescription from the optician. If you use a computer at work check if they have a scheme to reimburse the cost of your eye test.
86. Expenses - If you claim expenses from your employer, become strict about getting, keeping and collecting your receipts safely. It all adds up.
87. DIY Repairs - If your washer breaks use washerhelp.co.uk for instructions on simple repairs
88. Council Tax - Check your council tax is in the right band using the MSE guide
89. Phone Calls - When contacting businesses, financial services firms and public services, always check the official website or paperwork for the correct telephone number to call. This will usually start 01, 02, 03 or 080. Some tradesmen/sole tradrers may have only an 07 mobile number.
Always avoid calling premium rate 084, 087 or 09 numbers. Beware of out of date phone numbers listed on third-party websites, and fake premium rate phone numbers promoted on scam websites listed in Google and elsewhere.
Usage of premium rate 084, 087 and 09 numbers is banned for most purposes. For the few such numbers that remain, check the sayNOto0870.com website for inclusive 01, 02 or 03 numbers or free-to-caller 080 numbers.
90. Groceries (Brands) - Do the "drop a brand" challenge. Shopping one brand lower on all your items than usual, to see what you save
91. Fuel - Drive economically to save fuel (gradual acceleration & breaking). There are smartphone apps that grade your driving ability after each journey.
92. Benefits – Use the ‘entitled to’ benefits checker to ensure you are getting what you should be.
93. Car Insurance – For 'young persons' car insurance, go with an insurer that uses the 'telemetry' black boxes.
94. Pet Food – Buy dry pet food online, in bulk to save money.
95. Utilities – Switch to direct debit, an eco tariff, get both from the same supplier (dual fuel) Also some suppliers’ link your utilities spend to your Tesco Clubcard allowing you to collect more rewards.
96. Bills – Some companies are now charging for paper statements. Switch from paper (£1.50 per bill) to e-statements.
97. Trains – Use the MSE 'TicketySplit' app, or for frequent journeys get a RailCard
98. Kids – Check out the MSE Summer Holiday tip page & also the “Free ways to entertain the kids” forum thread, to find fun, free things to do.
99. Foreign Currency - Use the MSE Travel Money checker
100. MSE Weekly E-mail – Sign up & get the latest, time-sensitive deals, offers and tips.
Additional suggestions added by Ian011:-
101. Check your landline calls package covers the time of day you are making calls.
If you have only inclusive weekend calls, or only evening and weekend calls, and are making weekday chargeable calls to numbers starting 01, 02, 03 and 07 (not including numbers starting 076 and mobile numbers allocated in CI and IoM) costing in total more than about £5 to £8 per month, swap to an AnyTime inclusive call plan so that you do not pay for individual calls at any time of the day or night.
Chargeable calls often cost 10p to 20p per minute (i.e. £6 to £12 per hour). It doesn't take long for the aggregate cost of these to exceed the monthly cost of an unlimited inclusive calls package (these packages often cost around £5 to £10 per month).
102. Check your landline calls package includes calls to UK mobile numbers.
Inclusive call packages on landlines always include calls to UK geographic numbers starting 01 and 02, and non-geographic numbers starting 03. Check that your provider also includes calls to UK mobile numbers starting 071 to 075 and 077 to 079 in your allowance.
If your calls package does not include calls to UK mobile numbers, this may be because your provider has left you on an older call plan that is no longer value for money. When calls to mobile numbers are excluded from allowances, you could be paying around 15p to 30p per minute (i.e. £9 to £18 per hour) for these calls. Check the monthly cost of moving to a more up-to-date call plan that does include calls to UK mobile numbers.
103. Check your pay-as-you-go mobile phone calls deal.
If you are paying 15p to 65p per minute (i.e. £9 to £39 per hour) for calls to landline numbers starting 01 and 02, non-geographic numbers starting 03, personal numbers starting 070, and mobile numbers starting 071 to 075 and 076 to 079 you are likely paying far too much for your calls.
If you are a low user, or infrequennt user, look to pay-as-you-go deals with these calls charged at 1p to 5p per minute (i.e. 60p to £3 per hour) to make considerable savings.
If you are a regular user of your phone, look at deals with hundreds of minutes of inclusive calls for £5 per month, or more calls for a larger monthly fee. These deals are available on pay-as-you go, SIM only rolling one-month contracts, and on longer term contracts.
104. Check your actual calls usage against any inclusive calls limit.
If you already have inclusive calls on your mobile phone deal and find you are regularly exceeding the call limit (with additional calls charged at typically 35p to 65p per minute, i.e. £21 to £39 per hour), change up to the next largest call package for an extra few pounds per month. In many cases this will more than double the monthly allowance and could potentially save hundreds of pounds per year.
105. Check your landline or mobile phone deal includes calls to personal numbers starting 070.
Following changes made in October 2019 to the wholesale rates that telecoms providers charge each other for calls to personal numbers starting 070, Ofcom now expects that calls to these numbers will be included in allowances on the same basis as calls to UK mobile numbers starting 071 to 075 and 077 to 079. Some providers have made the change, others have not.
Ofcom has cut the wholesale rate for calls to 070 numbers from 39p per minute to just 0.5p per minute, so that it is the same as the rate for calling a UK mobile number. Some providers seem to be unaware of this, or pretend they are unaware of it.LBM Aug 2017.
Debt at LBM - £30,055
Debt at highest - £43,148.59
Current debt - £18,880.00
EF - £1,000.00
Challenges
PAYDBX 2021 - #29 Pd £2,355 / £8,000 PAYDBX 2020 - Pd £6,459.00 | PAYDBX 2019 - Pd £16,945.60 | PAYDBX 2018 - Pd £15,010.60.0 -
The 1% members:-
1) Adventure Wanted - 1% = £120 Now at 44%
2) 2sonmum - 1% = £260
3) BelleBaluu - 1% = £40
4) lynseydee - 1% = £ Now at 1%
5) Emzmom88 - 1% = £160
6) FaceHeelTurn - 1% = £32
7) fudgecat - 1% = £21.25
8) gettingtheresometime - 1% = £9 Now at 50%
9) GlitteringGold - 1% = £294
10) hiceskater - 1% = £140
11) A Random Man - 1% = £91.19 Now at 59%
12) Jonnyboy1985 - 1% = £62
13) Ljb12 - 1% = £299
14) crazy_cat_lady - 1% = £8.3 Now at 100%
crazy_cat_lady - 1% = £26.25 Now at 12%
15) Loadedsoul - 1% = £153
16) Lynneee - 1% = £36.42 Now at 100%
17) NeverendingDMP - 1% = £190.33 Now at 4%
18) MidsHollie - 1% = £330 Now at 28%
19) Naomim - 1% = £332
20) natnat13 - 1% = £18 Now at 4%
21) NorthMarineRoader -1% = £200 Now at 1%
22) OptimisticSaver - 1% = £59.45
23) Pixie Fairydust - 1% = £5.51
24) Scloud - 1% = £10 Now at 100%
Scloud - 1% = £30 Now at 8%
25) Sharon87 - 1% = £115 Now at 23%
26) StartingAgainAt29 - 1% = £14 Now at 34%
27) Littlebigmoose - 1% = £30 Now at 22%
28) LuckyPenny - 1% = £30
29) sunflowerlady - 1% = £501.12
30) TryinToDoItRight - 1% = £5 Now at 1%
31) Wimbrel - 1% = £73 Now at 2%
32) xxFairyNuffxx - 1% = £130
33) charlies tribe - 1% = £50
34) tigwell - 1% = £44.00
35) a_silver_lining - 1% = 60E Now at 66%
36) df-Mres_student - 1% = £6.27 Now at 1%
37) craftyali - 1% = £52
38) princesst84 - 1% = £19 Now at 10%
39) ditty1234 - 1% = £50 Now at 5%
40) nat21luv - 1% = £142 Now at 71%
41) jem1276 - 1% = £329.47
42) outoftheviciouscircle - 1% =
43) missyv30 - 1% = £186.36
44) storybookgirl - 1% = £16.86 Now at 2%
45) Honeysucklelou2 - 1% = £69.70
46) SuperSavingD - 1% = £154.00 Now at 8%
47) DrCarrie - 1% = £212.00 Now at 5%
48) Suzanne54321B - 1% = £31
49) bigbeff - 1% = £35.00
LBM Aug 2017.
Debt at LBM - £30,055
Debt at highest - £43,148.59
Current debt - £18,880.00
EF - £1,000.00
Challenges
PAYDBX 2021 - #29 Pd £2,355 / £8,000 PAYDBX 2020 - Pd £6,459.00 | PAYDBX 2019 - Pd £16,945.60 | PAYDBX 2018 - Pd £15,010.60.1 -
AdventureWanted wrote: »Little miss uni-debts OFFICIAL ‘1% at a time’ LIST
14. Part time work Bars, nightclubs, evening factory shifts, cleaning, catalogue delivery all have flexible hours. Use Direct.gov to search for local p/t jobs.
Item 14 is out of date.
Be aware that DirectGov.uk ceased to exist in October 2012. The new website from that date is GOV.UK.89. Phone Calls - Don't pay for expensive calls to banks etc - use the SAY NO TO 0845 for well hidden freephone numbers.
Item 89 is some four or five years out of date. There have been some useful changes in the meantime.
Since 26 October 2015, the FCA has banned banks, card companies and insurers from operating premium rate 084, 087 or 09 numbers for contact by customers.
There appears to be 100% compliance. Most organisations changed their 084 or 087 numbers to the exactly matching 034 or 037 number. Others chose a new 033 or 080 number or reverted to a geographic 01 or 02 number.
Likewise, on 13 June 2014 BIS introduced regulations banning retailers, traders and passenger transport companies from operating premium rate 084, 087 or 09 numbers for contact by customers. With this regulation there is still some non-compliance which should be reported to Trading Standards via the Citizen's Advice national Consumer Helpline on 0345 404 0506.
Additionally, on 26 December 2013 the Cabinet Office told all government departments, their agencies and contractors, along with all other public services to get rid of all 084, 087 or 09 numbers. Within just a few months, compliance by central government was close to 100%. Compliance by local authorities was much slower but is now well over 90%.
When looking online for telephone numbers, always look at the official website of who you are intending to call. Be aware there are hundreds of thousands of third-party websites still carrying out-of-date 084 and 087 numbers, as well as thousands of scam websites promoting fake premium rate 084, 087 or 09 contact numbers.
Compared to a few years ago there are now very few occasions where premium rate 084 or 087 numbers legitimately remain in use. For those that still do, the sayNOto0870 website remains useful. Enter a premium rate 084 or 087 number to search for either an inclusive 01, 02 or 03 number or a free 080 number.
Item 89 could be updated, something along the lines of ...89. Phone Calls - When contacting businesses, financial services firms and public services, always check the official website or paperwork for the correct telephone number to call. This will usually start 01, 02, 03 or 080. Some tradesmen/sole tradrers may have only an 07 mobile number.
Always avoid calling premium rate 084, 087 or 09 numbers. Beware of out of date phone numbers listed on third-party websites, and fake premium rate phone numbers promoted on scam websites listed in Google and elsewhere.
Usage of premium rate 084, 087 and 09 numbers is banned for most purposes. For the few such numbers that remain, check the sayNOto0870.com website for inclusive 01, 02 or 03 numbers or free-to-caller 080 numbers.0 -
Yes please can i sign up. Ive found this really helpful in the last couple of years. Im doing my 1% for our debts which are currently 19033. My 1% therefore is 190.33.
Im hoping for 8% paid off this year as this would mean Ive paid of half our debts since i joined MSE forum.
Good luck folks.Jan 18 Joint debts 35,213 - March 24 16.6k
Mortgage Jan 18- 77224 Dec 23- just under 69k0 -
I’d love to do this. Our debts are so high it’s frightenly overwhelming. We want to be able to afford maternity leave so really need to get our debts down. We are starting with the standing order approach to slowly chip away until our overdrafts are paid off. I’ve edited this to make my 1% the 1% for the first debt I am focusing on paying off.
1% is £10.
Here’s to feeling more hopeful!LBM November 2019
Starting Debt: £52,803
September 2021 total: £36,471
Total paid: £15,683 29.9%
My debt free diary: https://forums.moneysavingexpert.com/discussion/6110976/here-s-to-the-future/p10 -
101. Check your landline calls package covers the time of day you are making calls.
If you have only inclusive weekend calls, or only evening and weekend calls, and are making weekday chargeable calls to numbers starting 01, 02, 03 and 07 (not including numbers starting 076 and mobile numbers allocated in CI and IoM) costing in total more than about £5 to £8 per month, swap to an AnyTime inclusive call plan so that you do not pay for individual calls at any time of the day or night.
Chargeable calls often cost 10p to 20p per minute (i.e. £6 to £12 per hour). It doesn't take long for the aggregate cost of these to exceed the monthly cost of an unlimited inclusive calls package (these packages often cost around £5 to £10 per month).
102. Check your landline calls package includes calls to UK mobile numbers.
Inclusive call packages on landlines always include calls to UK geographic numbers starting 01 and 02, and non-geographic numbers starting 03. Check that your provider also includes calls to UK mobile numbers starting 071 to 075 and 077 to 079 in your allowance.
If your calls package does not include calls to UK mobile numbers, this may be because your provider has left you on an older call plan that is no longer value for money. When calls to mobile numbers are excluded from allowances, you could be paying around 15p to 30p per minute (i.e. £9 to £18 per hour) for these calls. Check the monthly cost of moving to a more up-to-date call plan that does include calls to UK mobile numbers.
103. Check your pay-as-you-go mobile phone calls deal.
If you are paying 15p to 65p per minute (i.e. £9 to £39 per hour) for calls to landline numbers starting 01 and 02, non-geographic numbers starting 03, personal numbers starting 070, and mobile numbers starting 071 to 075 and 076 to 079 you are likely paying far too much for your calls.
If you are a low user, or infrequennt user, look to pay-as-you-go deals with these calls charged at 1p to 5p per minute (i.e. 60p to £3 per hour) to make considerable savings.
If you are a regular user of your phone, look at deals with hundreds of minutes of inclusive calls for £5 per month, or more calls for a larger monthly fee. These deals are available on pay-as-you go, SIM only rolling one-month contracts, and on longer term contracts.
104. Check your actual calls usage against any inclusive calls limit.
If you already have inclusive calls on your mobile phone deal and find you are regularly exceeding the call limit (with additional calls charged at typically 35p to 65p per minute, i.e. £21 to £39 per hour), change up to the next largest call package for an extra few pounds per month. In many cases this will more than double the monthly allowance and could potentially save hundreds of pounds per year.
105. Check your landline or mobile phone deal includes calls to personal numbers starting 070.
Following changes made in October 2019 to the wholesale rates that telecoms providers charge each other for calls to personal numbers starting 070, Ofcom now expects that calls to these numbers will be included in allowances on the same basis as calls to UK mobile numbers starting 071 to 075 and 077 to 079. Some providers have made the change, others have not.
Ofcom has cut the wholesale rate for calls to 070 numbers from 39p per minute to just 0.5p per minute, so that it is the same as the rate for calling a UK mobile number. Some providers seem to be unaware of this, or pretend they are unaware of it.0 -
Please add me too. 1% is £332 I'm aiming for 5%.
Thanks!
Naomim xCredit Cards NOV 2019 £33,220.42 Sept 2023 £19,951.00 Tilly Tidy 20223/COLOR] Sept £43.71 Here's my diary: A Ditherer's Diary Again0 -
I would love to join my 1% is £160 but that does include my car finance i would love to get at least 30% by the end of 2020 but oh is in a temp job atm due to redundancy 3 weeks before xmas but weve stocked up with food and fuel so hopefully we shouldnt need to spend anything until maybe a loaf of bread on Friday/Saturday. I should hopefully make my first 1% payment the first week in January to get me started!!already downloaded an app and going back to yougov surveys on boxing day as i am having tomorrow off!!0
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Emzmom88 - you might find Populous Surveys a good earner. You get emailed surveys quite regularly for £1, £2 or £3 at a time. I usually get £50 payout about every 8-9 months. It all helps.0
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I'd love to join please, really like the idea of breaking down into 1% chunks. My 1% is £14 as that was the original balance of my CC when I started here. Not huge but I need this gone in the next few months. I use monzo and all my spends are rounded up into a pot, I'll set the goal as £14 so once it gets to £14 that will go off the card, and use any money from surveys or sales to chip away at it. I won't give myself a deadline yet as I'm not sure what will happen over the few months as my circumstances change. I'm currently at 12% paid off.Nov 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: £30.180
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