Virtual Sealed Pot Challenge 2015

Nix143 · 7 January 2015 at 12:32PM

Hi All

Welcome to the Sealed Pot Challenge 2015 - better late than never! I was a late comer to this and am picking it up in the hopes we can do some wonderful things with little bank transfers - many thanks to Spam.Jam, Palema, Flat Eric and keza who have run previous challenges.

From last year's thread - and to continue the thanks

Spam.Jam started a thread in 2009 for a VSP (Virtual Sealed Pot) Challenge. Palema continued the Challenge in 2010, 2011, 2012 and 2013! (Thank you Palema)

Flat Eric started the 2014 challenge but due to work commitments had to pass the reigns.

Then keza took over (thank you!) and now it's my turn - hope this is ok with everyone.

http://forums.moneysavingexpert.com/showthread.php?t=4988680 to the 2014 challenge part 2
http://forums.moneysavingexpert.com/showthread.php?t=4834728 to the 2014 challenge part 1
http://forums.moneysavingexpert.com/showthread.php?t=4320309 to 2013 challenge
http://forums.moneysavingexpert.com/showthread.php?t=3646567 to 2012 challenge
http://forums.moneysavingexpert.com/showthread.php?t=2896760 to 2011 challenge
http://forums.moneysavingexpert.com/showthread.php?p=38957308#post38957308 to 2010 challenge
http://forums.moneysavingexpert.com/showthread.html?t=1347179 to 2009 challenge

I'll be back to edit this once I figure out how to turn that long link into a 'linky'

Nix143 · 7 January 2015 at 12:40PM

Keza's first post from 2014 thread - the principles will remain exactly the same except it'll be me doing the updating

The aim is very Simple!!
Every Friday (Or whatever day is easier for you - I'm a Sunday girl) the aim is to transfer the pounds and pence to round it down to the next nearest £5 or £10. So if you have £36.78 in credit you will transfer £1.78 or£6.78, or £20.04 in credit you would transfer £0.04 only. Some banks do not allow you to transfer less than £1 – If this is the case what I tend to do is note what the money I have left that week then add it in the following weeks transfer.

For me: The 'Virtual Sealed Pot' is a savings account that is not attached to my bank account and that I cannot dip into whenever I wanted to. I do forget about it which is what the intention is!

In 2010 there were 81 members of the challenge.
In 2011 we had 171 members
In 2012 we had 185 members

For anyone interested:
81 members in 2010 we managed to save a staggering £9031.31
In 2011 from the 171 member we managed to save £19,393.00
In 2012 from the 185 members we managed to save £13,178.09 (there were quite a few people who joined and did not post)

I don't know the total for 2014, sorry - if I find out I'll update. And as it's late and people seem to have stopped posting it probably makes sense to start a new list of members. This will mean everyone gets a new number - unless you're desperate to hold onto your old number, I'll do my best.

Challenge will run from now until 30th November - slightly shorter due to me kicking this off so late

I'm a member of the sealed pot challenge and so this may be an additional way to save for Christmas.

To make things easier for me, I would ask that everyone post their VSP number ( I will assign these in due course) in their signature and post their total (in colour if possible please) on the thread, so I can add it to the running totals in this post. I'll do my best to provide updates on how we are doing

If anyone wants to set themselves a target for their savings please let me know. Anyone else wishing to join, please just ask, you're most welcome and it's NEVER too late.
Please be patient when asking to join, I am not online every day so it may be a day or two before you are added to the list and assigned a number.

So, if you want to join let me know, I'll give you a number and we can crack on

Nix143 · 7 January 2015 at 12:41PM

#1 Nix143
#2 32b2in2013
#3 DreamerHelen - target £200
#4 e4rub
#5 Buffythedebtslayer
#6 iloveshopping93
#7 Tescodealqueen
#8 rasp
#9 Lolly88
#10 keza
#11 tracy6697
#12 crimson.addict
#13 ruby_eskimo
#14 Loubyloux
#15 Meezel
#16 Charlie1507
#17 Dizzy Imp
#18 brokeapproaching30
#19 Cabby
#20 VickyA
#21 Westie983 - target £500
#22 mowen81
#23 catslovelycats
#24 Kittykat1981 - target £300
#25 Seaotter
#26
#27
#28
#29
#30

#66 shangaijimmy

etc -

shangaijimmy · 7 January 2015 at 10:17PM

Get me involved, New Years resolutions etc... Can I have number 66 please so it's same as SPC.?
I've no idea on a target, but all cash will go as a mortgage overpayment!

32b3in2013 · 7 January 2015 at 10:18PM

I'll join in if that's ok?

I have already transferred £37.97 to my virtual sealed pot since the beginning of December.

32b3

DreamerHelen · 8 January 2015 at 5:32AM

Can I join as well please? Every little bit helps....would be nice to have maybe £100-£150 by the end of the Year...

DreamerHelen · 8 January 2015 at 6:40AM

Done my first Bank Account Skim of £3.10...

I'm on my way!!

Nix143 · 8 January 2015 at 10:16AM

DreamerHelen, 32b3in2013 and shangaijimmy - you're on the list, welcome to the revised, slightly smaller than last year but still hopefully wonderful

, list!

If anyone else would like to rejoin please do let me know - I'll try to accommodate keeping numbers etc if at all possible.

Transfer day for me is Sunday - it's when I do my online money jiggery pokery

DreamerHelen · 8 January 2015 at 10:29AM

Thanks Nix....I appreciate you giving me a number....

Well even if it's only 3 or 4 people....we will still raise some money and that's got to be worth it....

What do you plan to do with your Money at the end of the Year?

I would like to use some to pay off my Debt...perhaps pay a Credit Card off altogether....or something like that...that would be GREAT

Anyway...Thank You again.....

ruby_eskimo · 8 January 2015 at 10:49AM

Hi everyone, I've been involved in most of the VSP challenges but last year just didn't get round to updating as much as I would have liked! Need to update my signature as well but hope to join in properly this year!

shangaijimmy · 8 January 2015 at 10:52AM

Thanks for the number. My plan is to transfer on a Sunday evening once DS x 2 are tucked up in bed!

Virtual Sealed Pot Challenge 2015

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