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  • FIRST POST
    • Sue-UU
    • By Sue-UU 3rd Nov 17, 12:05 AM
    • 8,626Posts
    • 48,049Thanks
    Sue-UU
    Sealed Pot Challenge ~ 11
    • #1
    • 3rd Nov 17, 12:05 AM
    Sealed Pot Challenge ~ 11 3rd Nov 17 at 12:05 AM
    Hello again Potters and welcome aboard to any new members, I never thought we would have been running THIS long, but here we are starting off with "SPC "No 11"!!! Where have all the years gone since it first began, apparently very fast for sure! It's very hard to believe that we have now been running for a full decade and are now on the way into our 11th year!!!! We've had 10 amazingly money-saving years, but it's all purely because of the determined saving of you all - many thanks to you amazing folk who have made SPC what it is!!


    For all newcomers...yes "Old Timers" too - it's so very important to please read through this entire post to see what the SPC is all about, dates for counting up and our re-opening date etc.. However, please be sure to Join the forum first in order to be able to join the challenge - if you haven't already! For ALL SPC members, please chat away on this SPC 10 thread about your conquests, money-saving ideas etc from Post 4 (below) onward, it gives encouragement to all, including yourselves as it keeps the motivation to save far stronger.

    For all newcomers - a really huge heartfelt welcome! We're a terrific bunch who just adore greeting more members to the flock. Please read through this entire post and you'll be aware of why SPC is so special. You all settle in straight away and become part of our saving family!

    The idea is to save as much as possible throughout the following year until just before Christmas - which this year will be to open our pots on Thursday the 1st November 2018. We save it in pots that we've pre-sealed to stop us being tempted to open them. Any spare cash can be put away, every day/week/month, whatever is best for you. If you have change left over after you've been shopping - pop it in the pot! After all why not! However small the change...the likelihood is that it won't be missed, and might otherwise have been wasted!

    Most of us put in the difference in that we've been saved on special offers etc, it's all saved at the shop so it makes sense to save it in the pot to mount up!

    Below are the basics for making your pot and sealing.

    Firstly: Get yourself a pot, and remember - it doesn't need to cost much - if anything. If money's tight then use any pot for now, I.e. A sweet tin, coffee jar..extremely MSE!! Next - seal it with sellotape and be sure to make a slit in the lid, big enough for a 50p to go in, that way all coins will fit in. Later on, if you wish, you can always take advantage of finding a cheap pot in the sales after Christmas, or put one you fancy on your Christmas list! You can always buy ready sealed tins from reasonably priced shops! They're usually about a POUND from a £ store!!

    It can also be interesting and challenging to make yourself a Papier Mach! Pig (or any animal) etc by using Frugaldom's recipe by clicking here then going to Post No. 597 of SPC 1 or by going to a totally separate thread papier mach! Animal here. Many thanks to Frugaldom.

    After selecting your pot, seal round the lid with sellotape or superglue if necessary. Again, be sure to make a slit in the top that is the right size for a 50p to go in! NB. If you make a Papier Mach! Pot you will need to "operate" on it at the end of each challenge! Still, you can always have the pleasure of making a new one towards the end of the year, or getting the kiddies involved - if you're the daring type! The mind could run riot with what to model!

    Terrimundi pots are available in many shops and on-line, they're very attractive and another ready sealed way to save, and though the manufacturers and retailers would have you believe differently, you DO NOT need to smash them to remove your cash!! I've used mine for 10 years...and at the end of each year's (since 2009 when I graduated from a carton!) challenge, hubby and I have a whale of a time, doing things the 'old' way by tilting the pot and using a knife! Though, a few years ago DH bought a 12" steel ruler in from the shed which is thin and broad and perfect for the job. So be assured that, so long as you go carefully, you CAN use them again and again....unless you drop the darned things!! They are costly though, but this is where your Christmas list comes in handy, though always keep a look out in charity shops too!

    Regarding the Sealed Cans many of you use, apparently the best way to open the sealed tins is, rather than using a tin opener, squeeze the side of the tin, where the seam meets and you can pop the seal and tip the money out that way.


    The term roadkill = any money found on pavements, parks etc; even in car parks or on shop floors etc.

    NB. A few notes of interest.

    1/ Any money given as a gift (other than Birthdays, Christmas etc) i.e.. Inherited can not be included as savings. Likewise any money put directly into the bank cannot be counted as savings with SPC. Money from small second jobs is ok, such as cleaning for Mrs Bloggs down the road/ taking in ironing, a part-time job or anything similar is ok to be saved. Any savings saved via Christmas Clubs can also be used in your SPC Totals, it's another way of saving for Christmas after all. Money received from cashback sites such as Quidco, topcashback etc can be included in your pots. Likewise, any money made from sales on E-Bay, Facebook or similar can be saved.

    Also it is possible to include all other savings from MSE Challenges with your SPC Totals i.e. the £2 Challenge as, apparently they aren't put down on the challenge threads themselves. If you're unsure, please ask on the thread, and remember - there's no so thing as a stupid question!

    Second incomes can come in many varied and very lucrative guises and anything such as that would be unfair to other members. Mostly the SPC is a challenge to see how much we can save during the year...mostly it's relatively small amounts which are saved from wages, housekeeping, good budgeting etc. Remunerations via the letting of second homes cannot be included in the SPC.

    2/
    Whenever you're in the dilemma of "ooh should I buy that?" If you don't need it, but just want it - leave it there and pot the cash instead, you'll be much more satisfied with the accomplishment, pleased with your self-discipline too. All too often, if I go back a second time I find I didn't even like whatever it was anyway.

    3/ You can ask me to put a Target on for you to try to meet (it goes alongside your name and number on the 2nd and 3rd posts below) but it's not necessary. If you do set one, but are unable to meet it, it doesn't matter at all, at least you will have tried! A few people keep account of all they save, but most of us count what we save daily or weekly, then put it on the thread to help encourage others.... Ourselves too, then we pot it and forget about it and.... wait for the surprise at the end of the year!
    If you are hoping for a particular amount by Declaration Day but still want a nice surprise come November, work out what amount you would like, then work out how much you will need to save (pot) on a weekly or monthly basis in order to achieve it. Save that sum regularly as well as potting any spare change after shopping, that way you are bound to come out on top and have a surprise come November!
    4/ Mainly SPC is a challenge to see how much we can save in a year for Christmas 2017. However, over the last 9 years we've had some members who needed theirs at sometime throughout the year for bills, and personally I'd far sooner they take the cash out for that than pay more interest or...miss a due date! You can always start again, even if it's getting later in the year, you can even include what you needed to take out on Declaration Day, after all, you will have saved it!! Whatever you need to do, don't worry about it - be happy and proud you have saved!
    Please don't worry about the amounts others save! We are all individuals with such varying jobs/incomes, each with different expenditures and commitments etc so while some find saving a real struggle for others it's obviously easy. However, it's the pleasure we all receive from our personal potting results - whatever you manage to pot, be happy with it, and be proud!!!!

    5/ If you wish to save for something special, a holiday, wedding etc then please do so, just please remember to declare it on November 1st. The most important thing, is that you are saving ...and hopefully not tempted to take it out unnecessarily.
    If anyone has any other queries, then please sing out...though not too loudly.....you might shatter your pot/s!

    6/ At the end of the year (or when we've saved for what we wish) count up all your money saved and declare your Total either by waiting until the declaration date - or (if you've needed your cash for other things - by putting your Total on your MSE signature to remind you to include it in your full Total; that particularly applies to those using their money for holidays etc, but PLEASE remember to return to the thread on the 1st November to declare those Totals to me.
    Some members prefer not to keep too much money in the house and count theirs up every now and then to bank it, in which case they always pop the amount banked on their MSE signatures.

    7/ KEEP YOUR POT or POTS SAFE!! If you hide it, be sure to remember where you put it as it wouldn't be the first time that members have forgotten where they've hidden it!

    8/ "Holding Pots": To anyone concerned about putting money into their pot...then possibly needing it later in the week/month: Why not use an unsealed pot or purse as a "holding pot" and pop the money in there first each day/week/month - then, if it's not needed (for car parking costs, little Johnnie's school trip etc) - put it in your Sealed pot so it stays put. Do that each week and it'll save you taking money from the bank. Discipline yourself to only take what's needed though!

    9/ "Where to take bags of cash at the end of the year?": With regards to this all important question, here's vital help from girl at play: "I bank with Bank of Scotland and they accept as many change bags as you have, as long as you take them to the business banking counter." Thank you so much GAP, it's so handy for members to know. This applies to many banks, I suspect most banks/building societies are the same if truth be known. Remember also that most banks have counting machines, so any of you who really don't like counting money, take them in and let the machine do the counting for you; you'll get a receipt which you then take to the counter. PLEASE - DON'T EVER CHANGE IT IN ONE OF THE COINSTAR MACHINES AT THE ENTRANCES OF SUPER MARKETS.... THEY WILL TAKE AROUND 10% OF YOUR MONEY!!!!!!!!!

    10/ Members who do not return by the end of November of any year will sadly now lose their numbers as, many people who sign up to the challenge then don't bother returning! To be fair, I think a lot get swept up in the excitement of it all, but then, for one reason of another, can't or don't wish to keep it up, but that then leaves me with a long list of non savers on the list which makes things very difficult over time. Any saving members won't be at all worried about this - but if those 'defaulting' (bad word, but...!) members remember, then - come on back and ask for another number, you will always be be more than welcome!

    On the 2 posts below is a list of members and their numbers, always display your No on your signatures please, that makes life so much easier for me and my DH when counting up all of our Totals. In December or thereabouts I declare the Grand Total of ALL that we members have collected, and what a terrific sight that is! Please declare your savings ASAP on or close to the 1st November please.

    Just a quiet word of warning to all those in the Cambridge area - forget ever thinking of looking for roadkill there as jakes-mum will even tackle you the ground to get to it first! Though, how about challenging her!!

    Once again, we've just had a fantastic year, let's keep it up and see what we can achieve this year. Good luck everyone and save well!!

    PLEASE take note everyone Thursday 1st Nov is the closing date for 2018, the day we declare what we've saved on the thread, kindly declare your monies saved within 2 weeks of the 1st, thank you kindly.

    Anyone wishing to join us please post on the thread to ask and I'll give you a number and an official welcome so you can join in the fun......and please do note that...time means any time of year!

    It's Never Too Late To Join Us! and You Never Need To Re-join....well, unless you stop visiting us in November! However.......you can always return to the fold and be made very welcome!

    Many thanks for reading
    , Sue
    Last edited by Sue-UU; 04-11-2017 at 6:50 PM.
    Sealed Pot Challenge 001 My Totals = 08 £163.95 09 = £315.78 10 = £518.80 11 = £481.87 12 = £694.53 13 = £1200.20! 14 = £881 15 = £839.21 16 = £870.48 17 871.52 Grand Totals of all members (2008 uncounted) 2009 = £32.154.32! 2010 = £37.581.47! 2011 = £42.474.34! 2012 = £49.759.46! 2013 = £50.642.78! 2014 = £61.367.88!! 2015 = £52.852.06! 2016 = £52, 002.40!!! 2017 = £50.456.23!!!!

Page 31
    • adventureofmemories
    • By adventureofmemories 7th Jan 18, 7:32 PM
    • 176 Posts
    • 540 Thanks
    adventureofmemories
    thank you sue-uu

    I have potted 84p into my wedding fund & £3 into emergency fund pot
    (I recently moved £210 into my online emergency fund)

    I'll put the £1 from my Christmas fund into my emergency fund tin as I'm now doing just Christmas on my online banking
    Debt to fiancee - £404.00 (left to pay) | Save £12,000 in 2018 - £371.90 all together|2,018 items in 2018 (8/2,018)
    • Westie983
    • By Westie983 7th Jan 18, 7:53 PM
    • 4,132 Posts
    • 14,650 Thanks
    Westie983
    I still think it's ludicrous that "banks" hold so little cash. I mean, I get it on the one hand - safety - but seriously? I drew our lottery syndicate's money out of the Santander cash machine the week before Christmas. With hindsight I should've just gone to the counter in the first place but I was trying not to keep hubby waiting. Of course, the machine gave me £20s when I needed £10s and £5s. So I ended up at the counter anyway. I then had to pay the cash back in, to draw it back out in the denominations required - the cashier couldn't just change it for me. A couple of years ago when I needed 28 pound coins for the same purpose, I was told they didn't have enough in the till to give me!
    Originally posted by MrsShazbat
    As soon as tills get to £20 they are banked and removed from tills, unless you manage to get a cashier who hasnt banked their coin from their tills, (normally early morning or before lunch)

    In relation to swopping notes this doesn't happen now, as you need a paper trail so notes are paid in and withdrawn in the denominations you need.

    Westie983
    Save 12k in 2018 #10 Total (£25,000)+£5,000/£12,000 = 41.66%
    Sealed Pot Challenge ~ 11 #97 Total (£410) + £0/£800 = 0.00% ( x 11)
    Xmas 2018 £1 a Day #2 Total £22.59/£365 = 6.18%
    Virtual Sealed Pot #1 Total £300/£1,000 = 30.00%
    £2 Savers Club 2018 #16 Total (£1,500)+-490/£2,000 = 50.50%

    Total £5,322.59/£16,165 = 32.92%

    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email forumteam@moneysavingexpert.com
    • dustydigger
    • By dustydigger 7th Jan 18, 8:15 PM
    • 119 Posts
    • 661 Thanks
    dustydigger
    Last day of our fortnight,had £2 left in my purse.it goes in the pot.
    New fortnight budget starts tomorrow,but I have daughter and son's birthdays 4th and 6th of March,EEK,only 8 weeks away.
    I need to put aside for their birthdays,plus a new great grandson is due end of March,more outlay! Potting for Xmas may be a little sparse to say the least!

    SPC 2018 - No. 012 -
    £2 Coin Savers 2018 #19 - £48
    House and Home Fund 2018 - £80 (plus £174 from 2017 = £254)
    SW loss - 3 st 13 lbs AF in Feb - 18/24days Books read 13/16

    • 32b3in2013
    • By 32b3in2013 7th Jan 18, 8:28 PM
    • 2,148 Posts
    • 18,454 Thanks
    32b3in2013
    Evening

    Is that new about Halifax not accepting any more than 5 bags again Westie? I paid all my money in at once last year.

    £3.58 potted today.

    32b3
    SPC9 #125 - £816.85
    SPC10 #125 - £851.81
    VSPC #19 - £40.52/£250
    • Westie983
    • By Westie983 7th Jan 18, 8:32 PM
    • 4,132 Posts
    • 14,650 Thanks
    Westie983
    Evening

    Is that new about Halifax not accepting any more than 5 bags again Westie? I paid all my money in at once last year.

    £3.58 potted today.

    32b3
    Originally posted by 32b3in2013
    Yes it was a rule added when the overdraft changes came in in November, there are signs in the branches and the staff have been updated, that said if you came to me I would pay them in, if you had lugged 10 bags to the bank I wouldn't turn you away, but the rule is 5 bags.

    It used to be 5 bags, then they removed it to any amount, and then must have realised that it was causing lots of extra admin to send all the coin back, so its back to 5 bags again.

    Westie983
    Save 12k in 2018 #10 Total (£25,000)+£5,000/£12,000 = 41.66%
    Sealed Pot Challenge ~ 11 #97 Total (£410) + £0/£800 = 0.00% ( x 11)
    Xmas 2018 £1 a Day #2 Total £22.59/£365 = 6.18%
    Virtual Sealed Pot #1 Total £300/£1,000 = 30.00%
    £2 Savers Club 2018 #16 Total (£1,500)+-490/£2,000 = 50.50%

    Total £5,322.59/£16,165 = 32.92%

    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email forumteam@moneysavingexpert.com
    • mrs-moneypenny
    • By mrs-moneypenny 7th Jan 18, 8:47 PM
    • 15,449 Posts
    • 197,445 Thanks
    mrs-moneypenny
    Evening all
    £20 in the pot this week
    Hope everyone is well
    grocery challenge February budget £400 spent £78
    SPC~11 No100 : : X4 O/t fund so far £600
    read your books challenge-currently on After you
    spirit of the wolf
    17in 2018challenge 1/18
    • twigletsmum
    • By twigletsmum 7th Jan 18, 10:24 PM
    • 13 Posts
    • 42 Thanks
    twigletsmum
    Thanks for the welcome! I, really looking forward to the challenge! I!!!8217;ve potted my first £4.16.
    Virtual Sealed Pot #16 Total 37.22/£200 = 0.00%

    SPC11 - #045
    • Saver-upper
    • By Saver-upper 7th Jan 18, 11:52 PM
    • 1,725 Posts
    • 13,096 Thanks
    Saver-upper
    Saver - upper. That made I laaaf hearing things your other half says, (or wot yer uvver aaff sez )............
    ...........Still not fully back up to speed with my potting but will get there. Had this man-flu which any males on here will know is a lot worse than the female version
    Originally posted by AntoMac
    Sue,I wonder if this quote from AntoMac,talking to me about his manflu after talking to me,has confused you.
    That man-flu is a real killer-my partner,he is always telling me
    SPC #155 x 7.SPC7=£751.10 SPC8=£651.04 SPC9=£843.00 SPC10=£872.76
    Pinecone £301,Valued Opinions £10.50





    • Frogletina
    • By Frogletina 8th Jan 18, 1:20 AM
    • 2,981 Posts
    • 10,905 Thanks
    Frogletina

    In relation to swopping notes this doesn't happen now, as you need a paper trail so notes are paid in and withdrawn in the denominations you need.

    Westie983
    Originally posted by Westie983
    I took one old £5 note and 8 old pound coins into my bank after Christmas and was given a new £10 note and 3 new pound coins. This did not go through my bank account.

    frogletina
    Not Rachmaninov
    But Nyman
    The heart asks for pleasure first

    SPC 8 #441 £1567.31 SPC 9 #441 £1014.64 SPC 10 #441 £1164.13
    • Dizzy Imp
    • By Dizzy Imp 8th Jan 18, 7:43 AM
    • 2,152 Posts
    • 20,023 Thanks
    Dizzy Imp
    Happy New Year potters! I'm finally out of the trap with some egg money - £4 added to the pot and I've collected some shrapnel from around the house too, so will put that later.

    I must check I don't have any old pound coins and get them changed if I do.
    • simplelivingislandlife
    • By simplelivingislandlife 8th Jan 18, 9:32 AM
    • 32 Posts
    • 346 Thanks
    simplelivingislandlife
    I've added twice to my sealed pot over the weekend YAY!!
    Frugal Living Challenge, Household £0/5,000 Personal £0/3,000 Starting on the 25th Jan.
    January 2018 Grocery Challenge - £42.88/280 20p Savers - £5.20p Virtual Sealed Pot No. 14 - £19.04/£260 Mortgage Overpayments - £0/£1,200 Sealed Pot No 37
    • Whatshername
    • By Whatshername 8th Jan 18, 10:25 AM
    • 20 Posts
    • 129 Thanks
    Whatshername
    £5 added to pot today. Wont keep a running total so I get a hopefully nice surprise on Nov 1st x
    #034 Sealed Pot 2018 Challenge - Declare 01st Nov
    #064 Pay debts by Xmas 2018 Challenge - £152.73 / £5000
    • babs 103
    • By babs 103 8th Jan 18, 10:51 AM
    • 54 Posts
    • 542 Thanks
    babs 103
    2.74 added for the pot today, I dont get out every day in fact today was the first time since 23rd December but every spare penny will go in there.
    SPC #11 025
    • siju
    • By siju 8th Jan 18, 1:23 PM
    • 259 Posts
    • 2,876 Thanks
    siju
    Thank you for my star Sue-UU

    Had a busy weekend as my elderly mother had a fall and has broken her hip - A & E on a Saturday night is not where any of us want to be, I'm sure! Poor old thing, she has dementia and kept trying to get out of bed so we had to keep reminding her that she had broken her hip! A good sense of humour and endless patience is absolutely essential in these circumstances. Luckily I had my sister with me to help keep me sane!

    Not much happening potting wise, only 33p today. Keep warm and well potters.
    SPC 11 - #192
    Totals: 2014 - £264.51 2015 - £207.50 2016 - £396.79 2017 - £369.49
    • Westie983
    • By Westie983 8th Jan 18, 2:15 PM
    • 4,132 Posts
    • 14,650 Thanks
    Westie983
    Thank you for my star Sue-UU

    Had a busy weekend as my elderly mother had a fall and has broken her hip - A & E on a Saturday night is not where any of us want to be, I'm sure! Poor old thing, she has dementia and kept trying to get out of bed so we had to keep reminding her that she had broken her hip! A good sense of humour and endless patience is absolutely essential in these circumstances. Luckily I had my sister with me to help keep me sane!

    Not much happening potting wise, only 33p today. Keep warm and well potters.
    Originally posted by siju
    Sorry to hear this, glad you had company, and wishing your mother a quick recovery from her broken hip.

    Westie983
    Save 12k in 2018 #10 Total (£25,000)+£5,000/£12,000 = 41.66%
    Sealed Pot Challenge ~ 11 #97 Total (£410) + £0/£800 = 0.00% ( x 11)
    Xmas 2018 £1 a Day #2 Total £22.59/£365 = 6.18%
    Virtual Sealed Pot #1 Total £300/£1,000 = 30.00%
    £2 Savers Club 2018 #16 Total (£1,500)+-490/£2,000 = 50.50%

    Total £5,322.59/£16,165 = 32.92%

    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email forumteam@moneysavingexpert.com
    • twigletsmum
    • By twigletsmum 8th Jan 18, 5:27 PM
    • 13 Posts
    • 42 Thanks
    twigletsmum
    Evening all! £5.33 added to the post today :-)
    Virtual Sealed Pot #16 Total 37.22/£200 = 0.00%

    SPC11 - #045
    • VickyA
    • By VickyA 8th Jan 18, 9:03 PM
    • 4,401 Posts
    • 21,346 Thanks
    VickyA
    £1.54 potted today. This is a happy day!

    Hope you're all well. xx
    SPC 8 #153 975.71 #9 £881.44 #10 £961.13 declared
    • Owen1991
    • By Owen1991 9th Jan 18, 7:42 AM
    • 41 Posts
    • 64 Thanks
    Owen1991
    £3+ added yesterday, not going to really keep track of what I add and hopefully have a nice surprise in November
    12k in 2018 - £700/£12000 ~ #101 | Sealed Pot Challenge 2018 ~ #44
    £7000 in Lifetime ISA | £8000 in Savings - End of 2017
    • siju
    • By siju 9th Jan 18, 12:38 PM
    • 259 Posts
    • 2,876 Thanks
    siju
    Thank you Westie983
    SPC 11 - #192
    Totals: 2014 - £264.51 2015 - £207.50 2016 - £396.79 2017 - £369.49
    • simplelivingislandlife
    • By simplelivingislandlife 9th Jan 18, 2:01 PM
    • 32 Posts
    • 346 Thanks
    simplelivingislandlife
    Just potting £7.77 into my pot, just only noticed the amount lol! I didn't make it do that honest!!
    Frugal Living Challenge, Household £0/5,000 Personal £0/3,000 Starting on the 25th Jan.
    January 2018 Grocery Challenge - £42.88/280 20p Savers - £5.20p Virtual Sealed Pot No. 14 - £19.04/£260 Mortgage Overpayments - £0/£1,200 Sealed Pot No 37
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