'Virtual sealed pot' Challenge until Dec 1st 2009

Hello
For the first time in 16 years, my only debt is to tax credits (grr) which is interest free and I have a payment plan for starting Jan 2009. So, I'm in a position to save a little bit. I have an old Natwest account paying interest, so from my nicely-in-credit Barclays bank current account every Friday I am going to transfer the pounds and pence to round it down to the next nearest £10. So if I am £36.78 in credit I will transfer £6.78, or £20.04 in credit I would transfer £0.04 only. The 'virtual sealed pot' bit about it is that I have the cashpoint card but don't remember the PIN, and I am giving the card to my nan to look after anyway (but I could access the account by going into the bank with my card and id, a bit of a faff, so I won't keep dipping into the account) (I have checked the Natwest account is working ok). On the law of averages I reckon I will save @£5 per week which would make £260 ish by december next year for Christmas. If things go well with my finances (as they seem to more and more since discovering this site, thank you so much all you MSErs) I will be able to do the same thing from my other current account (also nicely-in-credit) (I aim to save @ £260 from this account as well, from Jan 09). I just can't believe I have hit a point in life where I can realistically think about squirrelling something away.

So if you would like to join in please answer this thread with this size (6) lettering in your message saying

Count me in

and I will give you a number and add you to the list (if you have an amount you are aiming for put that too and I will add it next to your name e.g spam.jam #001 ( £260 + £260)

Credit to mumzyof2 for inspiring me with the original sealed pot challenge and Sue-UU who is running the sealed pot challenge for 2009 - many thanks ladies!! love from spam

spam.jam #001 ( £260 + £260 + £300 )
mbaz #002
sistercas #003 ( £200 )
littlepinkstars44 #004
SiannieLaz #005
edinburgher #006 ( £300 )
beanielou #007
violetblue #008
LilacPixie #009
jenki2 #010
lilian1977 #011 ( £1000 by April '09 )
larlie1983 #012
doelani #013
sam89 #014
kittiej #015
pandora205 #016 ( £250 )
likabu #017
Nicki_Sue #018
Buffythedebtslayer #019
littleangels3 #020
sparky0107 #021
elliemoo #022
ibelongtoguy #023
ella_ella_ella #024
TurnaroundSue #025
Melgirl #026
eSparkles #027
Allypops #028
Sweetpeanut #029
lysasparkles #030
mrssainted76 #031
debjones25 #032 ( £766 )
Palema #033 ( £250 )
Jaycee1972 #034 ( £240 )
torikate #035
chal #036 ( £750 )
Natti_A #037 ( £250 )
uzubairu #038 ( £300 )
2652147 #039
SEASHELL #040
ruby_eskimo #041
Norton Blade #042
coffeeholic #043
nickynoo08 #045 ( £300 )
ald65 #046 ( £200)
DOBEY7 #047
Raychee #048
cira9teen7tee #049
Moneybee #050
Proud to be dealing with my debts Nerd #992 LBM 30.06.08 Debt [strike]£3292[/strike] £1646 (50% paid, all interest free) Sealed pot member #434 £65.09 & Virtual sealed pot member #001 £82.07+£33.04+£112.83=£227.94 Gave up smoking 30.01.09 DfDay 01.12.09 :wink: Have nothing in your homes that you do not know to be useful or believe to be beautiful (sell it instead)
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Comments

  • mbaz
    mbaz Posts: 895 Forumite
    I really like this idea! Think I'll join u!
  • spam.jam
    spam.jam Posts: 398 Forumite
    First Anniversary Combo Breaker
    Oooh good, thank you. Have you got an old dormant account you would have a job to access to save into? My Natwest account has got £0.64 in!
    Proud to be dealing with my debts Nerd #992 LBM 30.06.08 Debt [strike]£3292[/strike] £1646 (50% paid, all interest free) Sealed pot member #434 £65.09 & Virtual sealed pot member #001 £82.07+£33.04+£112.83=£227.94 Gave up smoking 30.01.09 DfDay 01.12.09 :wink: Have nothing in your homes that you do not know to be useful or believe to be beautiful (sell it instead)
  • lilian1977
    lilian1977 Posts: 5,024 Forumite
    First Post First Anniversary Combo Breaker
    I do the same thing kind of - I transfer the extra bits into a savings account that I can't see on my usual online banking, and that takes 3 working days to transfer back into my account.

    I would be careful with not checking it though as you won't know if anything's gone wrong!
    My debt free diary | Post Office loan: £5,000 | Virgin Credit Card: £4079.19
  • spam.jam
    spam.jam Posts: 398 Forumite
    First Anniversary Combo Breaker
    Thank you lilian, I know the account is ok, I checked it online banking and then threw the codes away, but you are right I will go in and check it periodically and write down what I deposit and when ;-)
    Proud to be dealing with my debts Nerd #992 LBM 30.06.08 Debt [strike]£3292[/strike] £1646 (50% paid, all interest free) Sealed pot member #434 £65.09 & Virtual sealed pot member #001 £82.07+£33.04+£112.83=£227.94 Gave up smoking 30.01.09 DfDay 01.12.09 :wink: Have nothing in your homes that you do not know to be useful or believe to be beautiful (sell it instead)
  • hypno06
    hypno06 Posts: 32,296 Forumite
    Combo Breaker First Post
    It is an excellent idea - once you get into that habit you will transfer the extra money without even thinking about it - and you will be pleasantly surprised at how much you will have saved over the course of the year.

    Well done at only having the one debt left, too -that must feel pretty good :T
    Successful women can still have their feet on the ground. They just wear better shoes. (Maud Van de Venne)
    Life begins at the end of your comfort zone (Neale Donald Walsch)
  • spam.jam
    spam.jam Posts: 398 Forumite
    First Anniversary Combo Breaker
    Thanks hypno, this is what I like about this forum, the members are 99.9% lovely and encouraging. I really am feeling hopeful about '09. I've got a job interview (want to change job for something nearer home so cutting out travel expenses) on Friday as well so its all heading in the right direction for me (scuse the pun) xx
    Proud to be dealing with my debts Nerd #992 LBM 30.06.08 Debt [strike]£3292[/strike] £1646 (50% paid, all interest free) Sealed pot member #434 £65.09 & Virtual sealed pot member #001 £82.07+£33.04+£112.83=£227.94 Gave up smoking 30.01.09 DfDay 01.12.09 :wink: Have nothing in your homes that you do not know to be useful or believe to be beautiful (sell it instead)
  • hypno06
    hypno06 Posts: 32,296 Forumite
    Combo Breaker First Post
    Yeah, generally speaking we're not a bad bunch :rotfl:

    Good luck for the job interview on Friday.....get prepared by writing down notes NOW so that you don't forget really obvious things on the day! Nothing worse than coming out of the interview and then realising you missed out some really important stuff!
    Successful women can still have their feet on the ground. They just wear better shoes. (Maud Van de Venne)
    Life begins at the end of your comfort zone (Neale Donald Walsch)
  • spam.jam
    spam.jam Posts: 398 Forumite
    First Anniversary Combo Breaker
    Thank you again hypno. I feel quite prepared but no harm thinking about what they might ask, Im not nervous yet but might be Friday morning! Ive just been reading your diary thread, you have come a long way yourself, its inspiring.x
    Proud to be dealing with my debts Nerd #992 LBM 30.06.08 Debt [strike]£3292[/strike] £1646 (50% paid, all interest free) Sealed pot member #434 £65.09 & Virtual sealed pot member #001 £82.07+£33.04+£112.83=£227.94 Gave up smoking 30.01.09 DfDay 01.12.09 :wink: Have nothing in your homes that you do not know to be useful or believe to be beautiful (sell it instead)
  • hypno06
    hypno06 Posts: 32,296 Forumite
    Combo Breaker First Post
    Thank you! In turn, all my inspiration comes from these boards, so it is thanks to :money: and MSE that I have got this far!
    Successful women can still have their feet on the ground. They just wear better shoes. (Maud Van de Venne)
    Life begins at the end of your comfort zone (Neale Donald Walsch)
  • i've been doing this as well!
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