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  • FIRST POST
    • adventureofmemories
    • By adventureofmemories 22nd Dec 17, 10:54 PM
    • 159Posts
    • 525Thanks
    adventureofmemories
    January | Penny Pincher Challenge
    • #1
    • 22nd Dec 17, 10:54 PM
    January | Penny Pincher Challenge 22nd Dec 17 at 10:54 PM
    The challenge
    The aim of this challenge is to create a list of 15 tasks that you will aim to complete in the month to help you save money or to be more financially stable.

    Guidance
    • There must be 15 items on your list
    • Each task is worth 1 "point" . You will gain an extra 5 points for completing every task at least once.
    • Please update us at least weekly with your current 'point' status so we can include you in our weekly tally
    • Keep track of your tasks and how many times you have done them
    • There isn't a limit to how many times you do the tasks as long as it helps you to save moeny in some ways
    • You can include other challenges such as the sealed pot challenge, save £1 a day etc...
    • Try to mix your list up to help you avoid being stuck in a rut
    • Try to join in with our chats / coffee mornings as well as our mini challenges (Which won't always be money/finace based)
    • you may change your list as needed
    How to join
    • Post your 15 tasks from the list below & act on them throughout the month.
    • You will get given a number and the members list will be posted below.
    • Be sure to keep us updated with your progress so we can add your points!
    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)
Page 5
    • worklifebalance
    • By worklifebalance 2nd Jan 18, 7:04 PM
    • 40 Posts
    • 324 Thanks
    worklifebalance
    Just wanted to check how people are scoring things like NSDs. Do I get a point each day or just one if I reach my target? One of my goals is no new dog toys - do I get a point for each day I don't buy one?

    TIA
    SPC #459 no 8 2015 £203 2016 £157 2017 £70
    starting mortgage £120,000 June 2012
    OP 2015 £5000, 2016 #57 £28866/ £25000
    • iammumtoone
    • By iammumtoone 2nd Jan 18, 7:15 PM
    • 5,511 Posts
    • 11,262 Thanks
    iammumtoone
    Just wanted to check how people are scoring things like NSDs. Do I get a point each day or just one if I reach my target? One of my goals is no new dog toys - do I get a point for each day I don't buy one?

    TIA
    Originally posted by worklifebalance
    I not doing NSD's but for my £10 per week luxury spend challenge I am giving myself 1pt at the end of the week if I manage it.

    For dog spends, yes give yourself 1pt for everyday you dont buy one.

    I don't think it really matters how you score yourself as long as you keep it consistent.
    • Chocolatedrinker
    • By Chocolatedrinker 2nd Jan 18, 8:09 PM
    • 228 Posts
    • 1,739 Thanks
    Chocolatedrinker
    1. Save £2 coins 2pts (1st & 2nd)
    2. Save 20p coins 2pts (1st & 2nd)
    3. Have at least 3 no spend days a month
    4. Always have shopping bags in the car so I don't buy any more
    5. Always use loyalty cards when shopping 1pt
    6. Use cash back sites when shopping online
    7. Keep a spending diary
    8. Cancel unwanted subscriptions 4pts - 4 cancelled, a magazine, subscription box & 2 charity ones (just can't afford it)
    9. Take lunch to work
    10. Join and use receipt hog 2pts - uploaded receipts yesterday & today
    11. Check bank account everyday - 2pts
    12. On payday, transfer balance to pay debts, once paid off transfer to savings
    13. Take part in £10 per week luxury challenge
    14. Take part in 2018 1 percent challenge 1pt
    15. Take water bottle to work
    16. Do small money saving things each week
    17. Take part in 5p savers challenge 1pt
    18. No more buying books until I have read the ones I have.

    15 points in total
    Last edited by Chocolatedrinker; 02-01-2018 at 8:10 PM. Reason: forgot something
    January NSD 1/3; 2018 1% challenge - 4% gone ; £2 savers 48/250; 5p savers £9.50; 20p savers £49.80; declutter 2018 in 2018 - 0/2018 Take lunch to work 9/21
    • Bookaholic
    • By Bookaholic 2nd Jan 18, 8:15 PM
    • 45 Posts
    • 148 Thanks
    Bookaholic
    Today has been ok. Iíve been stuck in while plumber fitted a new boiler and heíd only just gone when OH got home from work so weíre hsving an evening in while it all warms up again!

    My list for January
    1. Have 3 NSDs each week - today was NSD 1 of this week
    2. Donít buy any toiletries - I have quite enough in the cupboard to use up!
    3. Go to the library instead of buying books I want to read (on top of this read 5 books off my shelf) - currently reading 1 off my shelf - 1pt
    4. Make a shopping list and stick to it.
    5. Take lunch to work everyday (if Iím at home make something healthy) - used things up in the fridge - 1pt
    6. Donít buy anything on Etsy - this is one of my vices!
    7. Donít buy anything on Amazon - was almost tempted today when adding on Christmas gift cards but I resisted! - 1pt
    8. Always carry a shopping bag
    9. Keep a diary of expenses - NSD was recorded in diary 1pt
    10. Add the equivalent of £1.50 minimum a day to sealed pot to save for Christmas 2018 - 1pt
    11. No takeaways or ready meals
    12. Meal plan for each week.
    13. Go for a run or do a home work out each day - 1pt
    14. Complete surveys on Yougov - checked but none available 1pt
    15. No buying fizzy pop or alcohol (will drink lime and soda if going out) - Iíd love a glass of lemonade right now though!

    Bonus - Note 3 positive things each day!
    Originally posted by Bookaholic
    Thatís 7 for today (I think!) I donít think itís going to go so well once Iím back at work on Thursday!!
    Money saved for Christmas 2018 £6/£500
    No more Buying Books challenge - read 2 books 2017-18
    January NSDs - 3/15
    • adventureofmemories
    • By adventureofmemories 2nd Jan 18, 8:19 PM
    • 159 Posts
    • 525 Thanks
    adventureofmemories
    I give myself 1pt for each No Spend Day as for me I find it so hard NOT to spend...
    But as long as your consistent and not making "allowances" or changing it all the time ,
    whatever works for you.

    I'd also say give a point to yourself each day you don't buy dog toys.

    Great to see some new faces!
    And well done everyone , amazing start to the month already!
    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)
    • adventureofmemories
    • By adventureofmemories 2nd Jan 18, 8:20 PM
    • 159 Posts
    • 525 Thanks
    adventureofmemories
    1. 1 NSD (Aim for 3 a week) , place £1 in EF bank account for each NSD achieved
    2. create a budget using payslip when received
    3. Do any overtime I can
    4. Automate bill transfers & record when I've done so (to make sure I don't pay late or forget)
    5. Keep an expense log of everything
    6. Have a shopping list & stick to it , only shop when 3/5+ items
    7. Reuse shopping bags
    8. Use clubcard / keep recipets and upload to recipt hog . Use clubcard when i don;t have cash but for small items
    9. Pay with cash where possible - stick to £10 for my own 'luxury' spends (anything i want that isn't a necessity) Whatever is left ,stash it away for my "fun" fund
    10. Create a plan for each day to avoid mindless spending , include free activities
    11. Keep £40 in "emergency coffee" jar at the start of the month and stash whatever's left away in emergency tin. when tin is filled, take it to bank
    12. Create 'sinking funds' for bills & powershop
    13. save for H2B ISA, Emergency and health . LEAVE money in there
    14. check accounts regulary
    15. Sign up to lloyds bank when I get paid & open a "save the change" account" and deactivate my santander account
    Originally posted by adventureofmemories

    1. 1 NSD (Aim for 3 a week) , place £1 in EF bank account for each NSD achieved - 1pt
    14. check accounts regulary - 1pt

    2 points for me today


    i'm going to re-do my list... a little
    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)
    • 32b3in2013
    • By 32b3in2013 2nd Jan 18, 8:38 PM
    • 2,078 Posts
    • 18,313 Thanks
    32b3in2013
    Evening

    Iíve had a good day

    1, Check bank account each day and update spreadsheet when DDs go out.
    3, Pot all change at the end of each day (this might be a little cheat as I have done this for years but I will keep it here anyway ) £5.09 potted
    4, List an item per day on eBay.
    7, Do not buy any clothes.
    9, Only use cash and leave cards at home.
    11, Use up all toiletries before buying anymore.
    12, Do not buy any stationery, however organised it might make me. I have enough!!
    13, Say something nice to someone each day.
    15, Achieve 10,000 steps each day. Just over done today

    I think I have 9 points today.

    32b3
    SPC9 #125 - £816.85
    SPC10 #125 - £851.81
    VSPC #19 - £15.68/£250
    • starting_again_in_the_sun
    • By starting_again_in_the_sun 2nd Jan 18, 10:44 PM
    • 74 Posts
    • 356 Thanks
    starting_again_in_the_sun
    Had a lovely day out with DH and DD today.
    Not a bad day challenge wise:
    1.check bank account
    2. Prolific x3
    3. Other survey sites
    7.meal plan (done for week)
    9. Lights out
    11. Compare before buy ( spent 13.35 on a 3 course lunch for all of us instead of around 25Ä)
    15. 5000 steps (x 4!)
    Total: 7 points for number 15.
    • dizzytina
    • By dizzytina 3rd Jan 18, 9:47 AM
    • 724 Posts
    • 3,574 Thanks
    dizzytina
    Morning all 😁
    5 points for me yesterday. We are away in York so we walked 3 miles round the city. I also avoided any online shopping , checked my online balance, I avoided buying any clothes in any shops and I even managed to enter 20 competitions..... will pop tonight to update on todayís progress
    MBNA £8812.79 SANT £3168.74 £3099.64 BARCLAY £5529.37 NEXT £0 ARGOS £1857.12£1826.12
    1% debt challenge £35.46/£30.84
    • worklifebalance
    • By worklifebalance 3rd Jan 18, 12:35 PM
    • 40 Posts
    • 324 Thanks
    worklifebalance
    Update for yesterday - another 6 points for me!


    Went shopping as already as a spendy day as OH had the physio - remembered to take my shopping bags (1). Didn't buy any more dog toys (1). Completed budget sheet after shopping (1). Back to work but brought enough food to keep me out of the canteen (1) and didn't eat any rubbish (1). Kept to menu plan (1)


    Hopefully a good day today as well
    SPC #459 no 8 2015 £203 2016 £157 2017 £70
    starting mortgage £120,000 June 2012
    OP 2015 £5000, 2016 #57 £28866/ £25000
    • RhiBi
    • By RhiBi 3rd Jan 18, 12:49 PM
    • 278 Posts
    • 1,024 Thanks
    RhiBi
    Hi, sorry I didn't post yesterday, here's my scores
    1. Save all spare change - 1pt

    6. Leave your card at home - 1pt
    7. Check bank accounts frequently - 1pt

    9. Avoid online shops such as Ebay - 1pt

    15. Use left overs / search for cheap meals - 1pt

    19. Reuse shopping bags - 1pt

    so a total of 6pts yesterday. I 'll update todays later! xx
    Virtual Sealed Pot 2018 #7 £21.90/£250 Bring lunch to work 05/18 NSD 05/15
    • keggsy
    • By keggsy 3rd Jan 18, 9:57 PM
    • 38 Posts
    • 133 Thanks
    keggsy
    Evening,

    I hope you’ve all had a great day.

    Here is my update for today:

    I haven’t bought anything from Amazon....1pt

    No spend day....1pt

    Checked bank account....1pt

    No takeaway....1pt

    X
    Trying to make our money work for us and not the other way round!!
    • Buffythedebtslayer
    • By Buffythedebtslayer 3rd Jan 18, 10:17 PM
    • 14,988 Posts
    • 48,629 Thanks
    Buffythedebtslayer
    Hello

    Can I join please?

    1. Check bank every day 3
    2. Bring my own lunch for work 1
    3. No online shopping for January (Amazon Addiction!) 3
    4. Walk dogs/declutter/write/play with dogs to avoid shopping 3
    5. Organise work so I don't get behind and have to shop online because I haven't time to shop in the real world. 1
    6. Meal Plan 1
    7. Get up early and go to bed early (say no to online shopping) 1
    8. Add all change to Sealed Pot 1
    9. Buy basics brand when I can. 0
    10. Use up food in freezer, 1
    11. use up toiletries, 1
    12. use up stationary. 0
    13. De-clutter and put three things up for sale each week minimum. 0
    14. Move spare change to savings account 1
    15. Do not use Credit card. (apart from Pet emergencies) (and Dental emergencies) 3

    I think they work? I will print a copy out to remind me.

    If they don't work please let me know

    XX
    Originally posted by Buffythedebtslayer
    So far 20 points for the first three days.

    Hope everyone is doing ok XXX
    Penny a day Challenge, Frugal living challenge, £1 a day challenge, VSP challenge, Sealed Pot Challenge.
    • dizzytina
    • By dizzytina 3rd Jan 18, 10:25 PM
    • 724 Posts
    • 3,574 Thanks
    dizzytina
    Hi all
    8 Points for me today... I've not shopped online. I've done a meal plan. I cooked homemade cheese pie that was from the freezer for tea when we got back from our night away in York. I've been for a 2 mile run and I managed to avoid buying any clothes whilst browsing the shops in York I've entered more than 20 competitions and I've cleared out 5 cupboards and filled a bin bag full of items for the charity shop....also found some items to sell.

    Hope everyone has had a good day
    MBNA £8812.79 SANT £3168.74 £3099.64 BARCLAY £5529.37 NEXT £0 ARGOS £1857.12£1826.12
    1% debt challenge £35.46/£30.84
    • Bookaholic
    • By Bookaholic 3rd Jan 18, 11:09 PM
    • 45 Posts
    • 148 Thanks
    Bookaholic
    Today I have:
    Had NSD #2 (point tomorrow if I can make it 3!)
    Not bought any toiletries - found bottle of shampoo in cupboard nowold one ran out -1pt
    Had soup from the cupboard for lunch - 1pt
    Not used Amazon (nearly did to buy book club book but going to get from library instead) - 1pt
    Noted NSD in expenses diary - 1 pt
    Added to Christmas jar - 1pt
    No takeaway or ready meal(made lovely loaded potato soup with plenty left for lunch at work tomorrow) - 1pt
    Completed Swagbucks survey and YouGov polls - 1pt
    No fizzy pop or alcohol - 1pt

    I think that’s 8pts for today
    Money saved for Christmas 2018 £6/£500
    No more Buying Books challenge - read 2 books 2017-18
    January NSDs - 3/15
    • starting_again_in_the_sun
    • By starting_again_in_the_sun 3rd Jan 18, 11:20 PM
    • 74 Posts
    • 356 Thanks
    starting_again_in_the_sun
    Pretty good day today:
    1.checked bank accounts
    2.prolific x3 (made £1.50 )
    3. Other survey sites
    4. Save change
    6. Take bag for life.
    8. Shopping list
    9. Lights out
    15. 5000 steps
    Total 8 points
    • villagelife
    • By villagelife 4th Jan 18, 6:26 AM
    • 1,193 Posts
    • 13,435 Thanks
    villagelife
    For the past 2 days
    I have worked 1 day and caught bus, took own lunch and drink more water, also checked banking and no clothes or toiletries brought and surveys done on both days.

    A total of 11 points
    • RhiBi
    • By RhiBi 4th Jan 18, 8:26 PM
    • 278 Posts
    • 1,024 Thanks
    RhiBi
    Hi, here's todays list (plus a little story!)
    1. Save all spare change 1pt

    4. meal plan 1pt
    5. set a target for a specific amount of No Spend Days (3 per week) - NSD 1pt
    7. Check bank accounts frequently - 1 pt
    8. Cancel unused subscriptions - 1pt
    9. Avoid online shops such as Ebay - 1pt
    15. Use left overs / search for cheap meals 1 pt
    Total of 7 points today!

    I've used 1 pt for no.8 (cancel unused subscription) which I haven't done, but bare with me for this story. In 2016 I was diagnosed with early breast cancer, numerous operations etc later, I am learning to get on with life. One thing that helps me relax is yoga and its something I want to continue. The class is £10.90 a week so adds up over a month. However, I have learnt that as I am a council employee I can join a membership that enables me to have free yoga classes and free use of any other council run leisure centre facilities should I choose to. This is for the cost of £28.50 a month, so if I only ever use it for my yoga class, Im already saving I hope thats ok, and even though this sort of fee is normally one to cut by taking out this its saving me money and is good for my wellbeing! xxx
    Virtual Sealed Pot 2018 #7 £21.90/£250 Bring lunch to work 05/18 NSD 05/15
    • Bookaholic
    • By Bookaholic 4th Jan 18, 10:06 PM
    • 45 Posts
    • 148 Thanks
    Bookaholic
    Back to work today and ive managed 8pts Lunch was lovely soup left over from yesterday, I havenít shopped online, Iíve done a quick workout, Iím reading a book from my shelf, No toiletries or pop or alcohol bought and put money in my Christmas savings jar. Need t9 be even more thrifty...need to find £1000 to put towards our new boiler eek!
    Money saved for Christmas 2018 £6/£500
    No more Buying Books challenge - read 2 books 2017-18
    January NSDs - 3/15
    • starting_again_in_the_sun
    • By starting_again_in_the_sun 4th Jan 18, 10:47 PM
    • 74 Posts
    • 356 Thanks
    starting_again_in_the_sun
    In 2016 I was diagnosed with early breast cancer, numerous operations etc later, I am learning to get on with life. One thing that helps me relax is yoga and its something I want to continue. The class is £10.90 a week so adds up over a month. However, I have learnt that as I am a council employee I can join a membership that enables me to have free yoga classes and free use of any other council run leisure centre facilities should I choose to. This is for the cost of £28.50 a month, so if I only ever use it for my yoga class, Im already saving I hope thats ok, and even though this sort of fee is normally one to cut by taking out this its saving me money and is good for my wellbeing! xxx
    Originally posted by RhiBi
    Really sorry to here about your illness. I think it's generally a good idea to allow yourself some treats so don't feel bad about it . £28.50 a month is a perfectly reasonable amount to spend on yourself, especially when it's something healthy!


    6 points for me today. Think I may need to increase my step target but will wait until I start work again next week.
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