'Virtual sealed pot' Challenge 2010!

[Deleted User]
[Deleted User] Posts: 1,843 Forumite
First Post First Anniversary Combo Breaker
edited 28 November 2010 at 7:03PM in Debt-free wannabe challenges
Hey Everyone,

Spam.Jam started a thread that has been running throughout 2009 for a VSP (Virtual Sealed Pot) Challenge and since this years challenge has now ended and no one has started a new one for 2010 - Here it is!!! :j

Linky to the 2009 challenge

The aim is very Simple!!
Every Friday the aim is to transfer the pounds and pence to round it down to the next nearest £10. So if you have £36.78 in credit you will transfer £6.78, or £20.04 in credit you would transfer £0.04 only. The 'virtual sealed pot' bit about it is, for me anyway, 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!


Everyone is welcome to come and join in and I will be continuing on from this years challege. If anyone wants to set themself a target for thier savings please let us know.

Good Luck everyone
:)

VSP Challenge 2010
#1 - Palema - £92.95
#2 - Keza - £8.44
#3 - Dippykitty - £102.67/£150
#4 - SavingSu - £6.46
#5 - Coffeeholic - £128.19
#6 - Heffi1 - £1.14
#7 - Starnac - £26.77
#8 - Debt cruncher
#9 - Scubaangel - £3.00
#10 - Buffythedebtslayer - £60/£300
#11 - rb6ac -
£255.28/ £250
#12 - yesness
#13 - Bex2002 - £3.49
#14 - alyssa_liss - £500
#15 - Dorastar
#16 - ruby_eskimo - £633.68
#17 - emilyjayne
#18 - firestronaut - £18.54/£100
#19 - Melgirl - £416.09
#20 - babes21
#21 - jacci45
#22 - anewme - £127.11
#23 -
k8eh89
£14.43
#24 - igiveup - £10.26
#25 - *Jellie* - £10.56
#26 - PurpleJay - £52.82
#27 - niksyg - £181.85
#28 - Pinkbrick
#29 -
bLaZiNgDucK - £9.00
#30 - longhauladdict - £11.50
#31 - mirandab - £3.45
#32 - Pammyj74 - £483.17/£500
#33 - Salnew - £12.02
#34 - toochoosey - £283.60/ £500
#35 - jmf76 - £203.86
#36 - saorsie - £97.96
#37 - AllBuyMyself - £5.69/ £365
#38 - china-doll - £81.73
#39 -
gonnabedebtfree - £9.80
#40 - purpletent - £1.06
#41 - angelpoppet5
#42 - sarahangel - £261.70
#43 - JoeyGrey - £139.70
#44 - natnat13 -
#45 - sistercas - £9.04
#46 - victoriaplum1 - £11.01
#47 - NGlady - /£100
#48 - Sheloveshimsomuch - £72.62
#49 - c is skint - £213.34
#50 - sh3ir3 - £112.33
#51 - Nicki_Kenrow - £1.51
#52 - coffee-break - £207
#53 - true27
#54 -
<3FallenxAngel<3 -
£21.82
#55 - laura237 - £240.37
#56 - Djonma - £7.95
#57 - LucyTheDwarf - £136.78
#58 - LadyV1983 - £40.77
#59 - verynewmoneysaver - £149.84
#60 - determined new ms - £116.93/£250
#61 - purplevamp - £213.03
#63 - debjones25 -
#64 - moremoneythansense - £9.43/£150
#65 - bluebird00 - £153.37
#66 - mummyofonechild - £140.74
#67 - uzubairu - £412.57
#68 - newgirly - £515.77
#69 - elfen - £6.08
#70 - Overdrawn30 - £0.95 / £500
#71 - Want_to_be_free -
#72 - alona1 - £506.39
#73 - LABMUM - £1.57
#74 - MaryMurphy - £7.01
#75 - evenesco - £38.04
#76 - If My Pennies Were Pounds - £206.34
#77 - CatherineMM - £398.02
#78 - PennyCounter - £48.34
#79 - ferriswheeljunkie - £46.14
#80 - EllieA - £600
#81 - candyapple - £128.24
«13456799

Comments

  • keza
    keza Posts: 1,309 Forumite
    First Post First Anniversary Combo Breaker
    Hiya! i was doing this this year but had to stop until bank balance evens out (think shud be in March - ish!)

    So i will sign up for 2010 but i prob wont do it religiously until march! xx
    Current Mortgage balance - £348,607.76/£395,999.
    Tesco - £9,757.91
    HSBC - £7,186.54
  • Little_Vics
    Little_Vics Posts: 1,516 Forumite
    interesting idea! I was thinking of doing a daily round-down for payment a day - did you save much?
  • dippykitty
    dippykitty Posts: 1,138 Forumite
    New thread - yay! :D Are we counting the 2010 challenge from today then? My ultimate target is to reach £1k in the VSP account as it's my 'safety net' account in case I need to dip into it and don't want to use my savings. I'm going to set my 2010 target at another £400 but that might be a bit ambitious!
    ISA savings: £25,139 Other Savings: £1750 (tied up in bond)
  • Hi,

    I'd like to do this again this year. I have a savings account that is so old-fashioned it has a passbook and I can only access it at a branch or just see the balance online. Ideal for this challenge as this pot is also my safety net.

    Are you assigning numbers as I joined very late last year and never got one?
  • dippykitty
    dippykitty Posts: 1,138 Forumite
    SavingSu wrote: »
    Hi,

    I'd like to do this again this year. I have a savings account that is so old-fashioned it has a passbook and I can only access it at a branch or just see the balance online. Ideal for this challenge as this pot is also my safety net.

    Are you assigning numbers as I joined very late last year and never got one?

    The last thread was abandoned by the OP quite early on in 2008 and a lot of people didn't ever get a number as he or she wasn't around to update the list and assign numbers. Not sure whether it's best to start again and assign numbers on this thread?
    ISA savings: £25,139 Other Savings: £1750 (tied up in bond)
  • Hello all and thanks Palema for shiny new thread! :D :T

    I will be starting again after christmas paydate. I'm not sure what I am saving up for but I am sure something will come to light.

    I am using an internet saver account for my VSP and transferring the odd pounds and pence in every Friday, and also whatever is left in my account (if any!) the day before payday.

    Will post on here again soon with a target :)
    All the coffee in Columbia won't make me a morning person... :D:p
    Virtual Sealed Pot Challenge Member #5 - £128.19
    NSDs - April 9/18
    Grocery Challenge - April £22.94/£160
    6 months to slim into clothes challenge - started March 2010
  • Heffi1
    Heffi1 Posts: 1,291 Forumite
    First Post First Anniversary Combo Breaker
    Hi everyone, can I join in on this one please it seems such a simple idea and also quite achievable too, I am in the position of not having an overdraft so I must pay attention and not let my account get to that stage so I see this as a positive, I also have a savings account I started some time ago and never really got going with it properly so at this moment in time it holds the princely sum of £1.14 :o I will use this account to put my little odds and ends into throughout the year and hopefully have something to buy Christmas presents with this time next year, I do not have a card for this account and can only transfer out of it via online banking so I hope this will deter me from dipping into it now and then :rotfl:
    :) Been here for a long time and don't often post
  • No probs all about starting the thread for 2010 :D

    I will update my 1st post and add new numbers for 2010. If you do not want a number or want to keep 2009's please let me know and I will remove/change your name and number :)

    Good luck everyone.
  • starnac
    starnac Posts: 5,917 Forumite
    Name Dropper Photogenic First Post First Anniversary
    hi palema. this is something i've been doing since i cleared all our o/d's a couple of months ago and i've found it really helpful to start small savings. can i join in too so i can be "official"?

    thanks
    starnac
    Goals for September
    Declutter 10/20
    Money Made £56.52/£200
    Overpayments £0/£200 not this month as need to put into savings instead
  • Hi everyone,

    I feel really excited to be part of this shiny new thread from the beginning.

    Thanks palema for assigning the numbers and starting us off again!
This discussion has been closed.
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