Debt Free Reward Pot

roxiepie_2

bigmomma - I know you've got a bit more to clear - but a least your present to yourself it going to be HUGE!

slig - a pile shiny new books is a great idea, I might have to steal it! Good luck with paying off your last bit of debt, must being feeling good.

chocchip - welcome too, hope you're a addicted as I am! Think the meal out is a good one, as stops you going out as much if you know you've got a big posh one to look forward to. Good luck with you debt clearing!

clarelouise - Hello to you too! :j I've added you to the list as well - good luck

SueP19

I have just updated my signature and my total to save is £600

And for that I am going to buy a very very limited or pre 1920's Steiff Teddy Bear .............................I am dreaming as we speak :smileyhea:smileyhea

SueP19

Question ???????????

What are you guys using for a sealed pot??? I have paid nearly my first £50 of my debts, so am anxious to sort out a little pot for £1's :T:T:T:T

roxiepie_2

Hey Suep, I was going to buy a tin form the poundshop, but figured that's a pound I could save instead!

So I've made one from an old jar with a LOT of tape over it. Just left a little gap to allow money and suggestions to go in. Doesn't look very pretty, but does the job!

Also, wrapped some paper round the outside. Put 'DEBT FREE REWARD' on it and will also use it to mark off my debt as it goes down.

tirlittan

Hi Roxiepie and all!

I think this is a great idea. Only thing is, I'm not sure I can afford it on my tight budget . I'll have to think about it. Mine would probably only be 1% of payment a month, which will be £400 from September onwards so £4 a month for 37months and that would only equate to £148. How depressing. I'll come back to you.

slig

tirlittan wrote: »

Hi Roxiepie and all!

I think this is a great idea. Only thing is, I'm not sure I can afford it on my tight budget . I'll have to think about it. Mine would probably only be 1% of payment a month, which will be £400 from September onwards so £4 a month for 37months and that would only equate to £148. How depressing. I'll come back to you.

£148 is a pretty big treat, you could even go lower for the moment, and perhaps increase it once you're nearer your debt free date. Eg for now you could put away £1 for every £200 or £400 you pay off. But later you could do £1 for every £50.

Even a £30 treat will seem lovely when you've been scrimping for so long - especially if it's something deliciously frivolous .

tirlittan

That's true slig. Enter me to the challenge please! I'll start with £4 every £400. Gotta have something to look forward to!

Have to think about something frivolous to spend it on.

SueP19

tirlittan wrote: »

Hi Roxiepie and all!

I think this is a great idea. Only thing is, I'm not sure I can afford it on my tight budget . I'll have to think about it. Mine would probably only be 1% of payment a month, which will be £400 from September onwards so £4 a month for 37months and that would only equate to £148. How depressing. I'll come back to you.

:T

slig wrote: »

£148 is a pretty big treat, you could even go lower for the moment, and perhaps increase it once you're nearer your debt free date. Eg for now you could put away £1 for every £200 or £400 you pay off. But later you could do £1 for every £50.

Even a £30 treat will seem lovely when you've been scrimping for so long - especially if it's something deliciously frivolous .

As Slig says even 10p is great and maybe you could increase in increments ...................biiiiiigggggg word for a friday, every time you reach a milestone.

And treats can be anything................£ 30 will get you a manicure or pedicure or facial, cos they go by the wayside when you have debts don't they.

tirlittan

True. Or I could buy shoes!!! Or something, not sure yet. And actually spending £148 in one go would be a massive treat. I'm definitely in!:D

roxiepie_2

welcome aboard tirlittan!