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Weekly Spend Challenge W/C 13th February 2011

pointypenguin
pointypenguin Posts: 1,768 Forumite
edited 16 February 2011 at 11:35PM in Debt-free wannabe
Hello everyone . Welcome to the weekly spend challenge. This challenge is open to anybody, no matter what financial place they are in.

On this thread please post an amount of money you wish to stay below within the week (Sunday to end of working day on Friday). This can be pennies or thousands it depends on the individual. Then next Saturday report back and pledge for the following week. The challenge runs from Sunday to Friday so we don't include Saturdays but feel free to change the rules to suit you and include Saturdays or start on a different day.

Feel free to update this thread with daily spends if that keeps you on track. We colour code the results as below:

Green - within budget
Red - overbudget
Purple - zero spend
Yellow - made money over the week

This is a little bit of fun but for many it highlights the fact that maybe that magazine/chocolate bar isn't needed. Hopefully your spending habits can be changed forever.

Moozie was the founder of this challenge and here is a quote taken from her:

Originally Posted by Moozie
Good afternoon lovely DFWs Now for anyone looking in, please feel free to join - the more the merrier! Basically, decide on the amount you want to spend up to from Sunday until the end of the working day on Friday then pledge it here and off we go! The challenge is about incidental spending and not for stuff that should be budgeted elsewhere such as bills, groceries, debt repayment etc but you decide what to include at the end - this is about changing your habits and improving your recording of your spends more than anything else. Have a great week everyone and keep it low!!! Moozie x

Good luck everyone.

W/C 6th February Challengers / Pledges /Total Spent
Pointypenguin £55 / £75
karmachilovething £30 / £0.75
natsing £5 / £0
Baileys Babe £10 / £4.20
lillylass £10 / £6.53
karb £20 / £12.51
Casparthefriendlyghost £5
Thrifyscotslass £10
beanielou £10 / £0
karom £30 / £40.34
EllieF £15
chris81418 £65 / £63
Rock_cakes £30 / £16.08
smiles78 £15

link to last week's challenge

W/C 13th February Challengers / Pledges /Total Spent
Pointypenguin £40
karmachilovething £25
meersy22 £40
karb £15
Rising from the ashes £10
Baileys Babe £10
beanielou £10
karom £30
Rock_Cakes £30
welshkaz £30
Tiggy10 £30
natsing £5
chris81418 £155
Weekly Spend Challenge: £0/£30


«134

Comments

  • pointypenguin
    pointypenguin Posts: 1,768 Forumite
    edited 13 February 2011 at 1:26PM
    Apologies all for being MIA towards the end of the week. I had quite a drinky night out on Thursday to celebrate passing an exam and that blew my budget.

    I am going for £40 until lunchtime on Friday as I am on a hlaf day as I am going to visit a friend so there is a separate budget for that.

    Enjoy the rest of your Sunday everyone.

    Well done to beanielou on purple and congrats to the greens. For us reds, today is the start of a new week at least!
    Weekly Spend Challenge: £0/£30


  • beanielou
    beanielou Posts: 95,725 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Hi there :wave:

    We dont count Saturdays so will pledge another £10 for next week.

    Thanks Pointy Penguin for running this challange :grin:
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • karom
    karom Posts: 475 Forumite
    Mortgage-free Glee!
    Hi Pointy , Finished red last week at £40.34. Back this week with £30.

    Two red in a row. Would be good if I can get a green. Determined with taking lunches to work this week
    MFW on your mark
  • Hi Pointy

    I think I'll go for £30 again this week, but if I manage it again. Will definitely reduce it.

    xx
    *Official DFW Nerd #1368 - Proud to be dealing with my debts*
    *Debts at LBM (11 Jan 2011): -£16400.62* Currently: -5948.68 (64% paid )*4 CC and 3 OD*
    Current DFD: [STRIKE]Oct 2012[/STRIKE] May 2012
    :eek:
  • welshkaz
    welshkaz Posts: 288 Forumite
    Hiyas can i rejoin i didnt realise this was weekly i done a week a few weeks ago but couldnt find another link for the next week , wood for the trees me lol can i be put down for £30 also please x
    may groc challenge £167/£280...
  • welshkaz
    welshkaz Posts: 288 Forumite
    wow pointypeguin just noticed your PAD ammount thats fab i have a few smaller catalouge debts and a bigger studiocards debt (never again) do you find it helps to do little and often?
    may groc challenge £167/£280...
  • Tiggy10
    Tiggy10 Posts: 443 Forumite
    Tenth Anniversary Combo Breaker
    Hi!

    can i join this week? i've been doing £40 a week since new years, but I had a bad week last week, so can i do £30 pounds please?
    Paying it all off in 2017:
    Finance 1- [STRIKE]115[/STRIKE] Paid Jan 2017
    Finance 2- 335
    CC - [STRIKE]2000[/STRIKE]1800
    OD 1 - [STRIKE]2200[/STRIKE] 1850
    OD 2 - 2500
  • welshkaz wrote: »
    wow pointypeguin just noticed your PAD ammount thats fab i have a few smaller catalouge debts and a bigger studiocards debt (never again) do you find it helps to do little and often?

    Welcome back Kaz I usually post the link to the next thread at the end of the last one in case you can't find us.

    I do find PAD brilliant, it is amazing how quickly the little payments add up. I must admit the figure includes payments from my bonus at work and council tax free months so it won't always look that good. Join PAD thread everyone is really friendly.
    Weekly Spend Challenge: £0/£30


  • Welcome back Kaz I usually post the link to the next thread at the end of the last one in case you can't find us.

    I do find PAD brilliant, it is amazing how quickly the little payments add up. I must admit the figure includes payments from my bonus at work and council tax free months so it won't always look that good. Join PAD thread everyone is really friendly.

    Excuse my ignorance but what is the PAD thread?
    *Official DFW Nerd #1368 - Proud to be dealing with my debts*
    *Debts at LBM (11 Jan 2011): -£16400.62* Currently: -5948.68 (64% paid )*4 CC and 3 OD*
    Current DFD: [STRIKE]Oct 2012[/STRIKE] May 2012
    :eek:
  • welshkaz
    welshkaz Posts: 288 Forumite
    Well didnt take my purse to work and now jumping in shower and jamas as hubby is in work till 10 got a nice quiet evening till then so nsd today...
    may groc challenge £167/£280...
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