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  • FIRST POST
    • AdventureWanted
    • By AdventureWanted 11th Dec 17, 7:36 PM
    • 465Posts
    • 1,410Thanks
    AdventureWanted
    2018 1% Challenge - 100 ways to make your 1%
    • #1
    • 11th Dec 17, 7:36 PM
    2018 1% Challenge - 100 ways to make your 1% 11th Dec 17 at 7:36 PM
    Welcome to the new home for the The 1% Challenge - 100 ways to make your 1%. Little Miss Uni debt started this amazing thread, and Ive 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 weve 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 AND save your 1%'s as well.*** This is now a golden rule

    Your 1%'s are what you owe, your min payments 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 youll get assigned a number.
Page 11
    • Blackberrycurved
    • By Blackberrycurved 10th Feb 18, 7:36 PM
    • 89 Posts
    • 627 Thanks
    Blackberrycurved
    NUMBER 17 checking in Got another 20 so I now have 41 / 110


    Not even half way to 1% but trying
    Blackberry Curved debt free 2018 Number 17 964.77/11,000
    Save for Christmas Number 19 90 /365
    1% challenge Number 7 70/110
    • Blackberrycurved
    • By Blackberrycurved 11th Feb 18, 11:30 AM
    • 89 Posts
    • 627 Thanks
    Blackberrycurved
    I!!!8217;m finding this hard and a bit demotivating what are other people doing to teach their 1%. I had a go at e bay but by the time I!!!8217;d photographed something then done the blurb bought the packaging. wrapped it walked to the post office It was costing me about an hour per item and I was making about 3. Do you get faster at it?
    Blackberry Curved debt free 2018 Number 17 964.77/11,000
    Save for Christmas Number 19 90 /365
    1% challenge Number 7 70/110
    • spudsmum
    • By spudsmum 11th Feb 18, 6:46 PM
    • 182 Posts
    • 1,192 Thanks
    spudsmum
    I!!!8217;m finding this hard and a bit demotivating what are other people doing to teach their 1%. I had a go at e bay but by the time I!!!8217;d photographed something then done the blurb bought the packaging. wrapped it walked to the post office It was costing me about an hour per item and I was making about 3. Do you get faster at it?
    Originally posted by Blackberrycurved
    I do all sorts of bits and bobs blackberry - i sell on local selling sites (no packaging etc to deal with but people can be unreliable on pick ups sometimes) skim my bank acounts, do online surveys, round up loose change i find round the house, use cashback sites, womble asda receipts and use shopping vouchers and put the money I've saved in my debt jar. Probably other things I've forgotten too. It's odd pennies and pounds here and there but it really does mount up quickly
    Total debts 21050! now 20,186 . Jan 2018 Paid off parental loan for new car 1520 1% challenge 673/15000 (4.49%)Total money squirrelled away/NOT wasted in 2018 1714.19 frugal budget 2018 2493/3000
    Making it my mission to live within my means and ditch the credit cards in 2018
    • Blackberrycurved
    • By Blackberrycurved 12th Feb 18, 8:32 AM
    • 89 Posts
    • 627 Thanks
    Blackberrycurved
    Thanks Spudsmum I!!!8217;m not sure I can do any of these. I try not to shop online as I!!!8217;m fighting to keep local shops open. I don!!!8217;t use a supermarket, online surveys is a maybe. And loose change is all accounted for, I save 1 a day towards Christmas pennies and 2p I save but that!!!8217;s slow. I will see what I can sell.
    Blackberry Curved debt free 2018 Number 17 964.77/11,000
    Save for Christmas Number 19 90 /365
    1% challenge Number 7 70/110
    • Blackberrycurved
    • By Blackberrycurved 12th Feb 18, 8:33 AM
    • 89 Posts
    • 627 Thanks
    Blackberrycurved
    Anyone know why my messages are full of typos they aren!!!8217;t on screen?
    Blackberry Curved debt free 2018 Number 17 964.77/11,000
    Save for Christmas Number 19 90 /365
    1% challenge Number 7 70/110
    • spudsmum
    • By spudsmum 12th Feb 18, 10:21 AM
    • 182 Posts
    • 1,192 Thanks
    spudsmum
    I dont think this site likes apostrophes at the moment blackberry. Aww thats a shame, I dont really shop online for things either but I do use cashback sites for things like insurance and travel. Not many local shops left here unfortunately - only a deli and a butchers but no grocery shop other than asda n tesco. Online surveys is good if you have the time - I made about 25 this month already
    Total debts 21050! now 20,186 . Jan 2018 Paid off parental loan for new car 1520 1% challenge 673/15000 (4.49%)Total money squirrelled away/NOT wasted in 2018 1714.19 frugal budget 2018 2493/3000
    Making it my mission to live within my means and ditch the credit cards in 2018
    • a_silver_lining
    • By a_silver_lining 12th Feb 18, 1:33 PM
    • 193 Posts
    • 618 Thanks
    a_silver_lining
    I!!!8217;m finding this hard and a bit demotivating what are other people doing to teach their 1%. I had a go at e bay but by the time I!!!8217;d photographed something then done the blurb bought the packaging. wrapped it walked to the post office It was costing me about an hour per item and I was making about 3. Do you get faster at it?
    Originally posted by Blackberrycurved
    Hi Blackberrycurved. I totally get what you're saying. I tried surveys and found that incredibly demotivating as it felt like it took so long to gain any money. I tried ebay selling in the past and wasn't motivated, but in the new year I decided to do Marie Kondo and clear out my flat. I struggled to just throw away items. Combining getting rid of my junk with making money to clear my loan is motivating.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 900 savings, 795 emergency fund--- Family Loan (3000 direct + 1750 saver) 4750/10K paid 47.5%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • AdventureWanted
    • By AdventureWanted 12th Feb 18, 4:52 PM
    • 465 Posts
    • 1,410 Thanks
    AdventureWanted
    Anyone know why my messages are full of typos they aren!!!8217;t on screen?
    Originally posted by Blackberrycurved
    Someone posted this on a diary I subscribe to : "The problem with apostrophes is with ios11 . To sort go to settings , tap general, then tap keyboards and toggle smart punctuation to off. That sorts it out ". Hopefully this will solve the problem for you.
    • pinkfluffybabe
    • By pinkfluffybabe 12th Feb 18, 5:27 PM
    • 2,469 Posts
    • 7,685 Thanks
    pinkfluffybabe
    Someone posted this on a diary I subscribe to : "The problem with apostrophes is with ios11 . To sort go to settings , tap general, then tap keyboards and toggle smart punctuation to off. That sorts it out ". Hopefully this will solve the problem for you.
    Originally posted by AdventureWanted
    A solution at last

    Still plugging away towards my 5%
    Not buying unnecessary toiletries 2018 - 26/162 UU, 10 IN
    Mortgage Free Wannabe 2018 No.180 315/2000
    1% challenge No.15 - 9% 2 savers No.12 - 56 5p Savers No.3 - 3.75
    Virtual Sealed Pot No.12 - 45.30/150 1p a day Challenge 201.46/667.95
    Completely Crazy Clothes Challenge 2018 #5 150.59/50
    • LLM2018
    • By LLM2018 12th Feb 18, 9:37 PM
    • 84 Posts
    • 295 Thanks
    LLM2018
    #21 Finally hit 8% thanks to ebay.

    #21 Make 1% challenge 19.4/100%
    #78 PAYDBX '18 484/2494
    #6 Crazy clothes challenge 10 per month only
    #19 Surveys pay for Xmas' 18 5
    • a_silver_lining
    • By a_silver_lining 12th Feb 18, 9:55 PM
    • 193 Posts
    • 618 Thanks
    a_silver_lining
    #38 at 9%

    Thanks to a few ebay sales Lots to post tomorrow!
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 900 savings, 795 emergency fund--- Family Loan (3000 direct + 1750 saver) 4750/10K paid 47.5%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • a_silver_lining
    • By a_silver_lining 15th Feb 18, 12:43 PM
    • 193 Posts
    • 618 Thanks
    a_silver_lining
    So close to 10%! I was there but I received a message today saying that an item I sent was used (face cream in a tube). I!!!8217;m mortified as it definitely wasn!!!8217;t. I think because one of the four tubes had a seal she is presuming that the rest have been used. I!!!8217;ve explained that they were not used and issued a full refund but I!!!8217;m really worried that she will decided to leave negative feedback. A bummer when you work so hard to represent items well and make some pennies
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 900 savings, 795 emergency fund--- Family Loan (3000 direct + 1750 saver) 4750/10K paid 47.5%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • HLB10
    • By HLB10 15th Feb 18, 3:57 PM
    • 16 Posts
    • 64 Thanks
    HLB10
    Can I join please? I want to save 750 as an emergency fund but keep encountering emergencies and having to spend it!!
    My 1% is 7.50. So far I have 15 in the account so am 2% there.
    MFW #149 Target for 2018 2000 / 136 overpaid

    Emergency fund challenge #269 750 / 15.0 - spent 100 at the vet and another 80 on breakdown insurance
    • dizzytina
    • By dizzytina 17th Feb 18, 4:50 PM
    • 728 Posts
    • 3,584 Thanks
    dizzytina
    Paid another 31 off today so thats means #29 is at 5%
    MBNA 8812.798,411.69 SANT 3168.742893.13 BARCLAY 5661.875573.53 NEXT 0 ARGOS 1857.121569.18
    #29 1% debt challenge 124.00/30.84
    • indigowarrior
    • By indigowarrior 17th Feb 18, 5:21 PM
    • 493 Posts
    • 3,529 Thanks
    indigowarrior
    Number 41- Paid 140 into savings that takes me up to 2%
    #545- SPC/ Frugal Living Challenge April NSD 3/18 Survey Earnings 15.71/100
    • a_silver_lining
    • By a_silver_lining 17th Feb 18, 9:37 PM
    • 193 Posts
    • 618 Thanks
    a_silver_lining
    #38 at 10%

    Whoop, whoop! At 10% finally. I listed a load more items tonight. I've almost listed all of the bits I was planning. Chipping away 47 items sold!

    10 quidco.
    200.04 47 Ebay sales
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 900 savings, 795 emergency fund--- Family Loan (3000 direct + 1750 saver) 4750/10K paid 47.5%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • LuckyPenny
    • By LuckyPenny 17th Feb 18, 10:01 PM
    • 750 Posts
    • 5,648 Thanks
    LuckyPenny
    #28
    Yay moved up 4.5% today to 12.3%. I've been away for a week and got lots of savings using a discount card:
    8.60 off Chinese food, costa points and Boots points
    2 off topping up costa card
    1.90 boots points
    15.80 off a half day spa
    1 off coffee
    10 off Morrisons purchasing vouchers
    10 sale on eBay
    2pence roadkill
    and I'm so pleased I got:
    128.50 compensation for a train to London delayed over one hour.
    A total of 178.82!
    LP x
    1% Challenge #28 928.97/4000 23%
    Pay off all debts by Xmas 2017 #40 1817.93/6500 Christmas 2018 Saving #16 25/365
    Competition wins 12,049
    Declutter 3 per day
    • LLM2018
    • By LLM2018 18th Feb 18, 12:40 PM
    • 84 Posts
    • 295 Thanks
    LLM2018
    #21

    Checking in with a payment of 75 so total is 275/2494 = 11% paid so far
    #21 Make 1% challenge 19.4/100%
    #78 PAYDBX '18 484/2494
    #6 Crazy clothes challenge 10 per month only
    #19 Surveys pay for Xmas' 18 5
    • LionessInWinter
    • By LionessInWinter 18th Feb 18, 3:17 PM
    • 391 Posts
    • 2,391 Thanks
    LionessInWinter
    #14 checking in with another 2% paid off, total 34% paid
    PAYDBX18- #9 4600/5600 consists of 3800/3800 credit card and 800/ 1800 car
    2018 - 1% challenge #14, each 1% is 56 - paid 82%
    • a_silver_lining
    • By a_silver_lining 18th Feb 18, 5:48 PM
    • 193 Posts
    • 618 Thanks
    a_silver_lining
    #38 at 11% now

    Little baby steps! Still haven't touched the money in my paypal. Cutting it a bit fine with my budget this month so concerned I may need to dip a toe in.

    I need to check to see when I'm getting the 100 for switching bank. Might message them now so I have a time frame.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 900 savings, 795 emergency fund--- Family Loan (3000 direct + 1750 saver) 4750/10K paid 47.5%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
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