£1 a day = £250 for christmas

[Deleted User]

lvm wrote: »

Hey JackieO!

Are you still opening new accounts just now or have you opened as many as you can? Are you finding a lot of existing customer offers?

No I have a building society account with the Kent Reliance and only kept it for Chistmas bits and pieces I also put any spare odd bits of cash in there from when I had money off vouchers I would uses them and put what I had saved aside then when It got to around a tenner it would go into the account.As it in an awkward place to get to once the cash is stashed it stays there and I never get tempted .I have just had £3.58 interest from last year added to it which I made up to a fiver.Its the small amounts that you don't miss that help to build up a nice little balance for when you do need it for Christmas or birthdays ect:D

Fredula

That's a cracking idea wayne! I'm so bad for not realising how much I should save for presents for birthdays and Christmas! I think I might just do this, although perhaps 50 per day for me I'm in

misskool

Hi all, if you're matched betting, can I please ask that you do it on the Gambling Introductory Offers board where you will have a wealth of experience to guide you.


I've deleted a post on this thread.

funkycat06

i think its a good idea as anything you can save for christmas is always good

skea56

wayne2786 wrote: »

Ok so not sure if in the right area but. . . .

I thought i would share my idea with you, i bought a sealed money tin last weekend (the ones where you need a tin opener to open) and decided that i should put away £1 a day into it, weather i put the full amount in at start of month, week or the £1 daily.

so i started monday 11th and put my £1 in everyday, if i keep doing it until the 6th December i will have £250 towards christmas, i would be happy with that, would pay for some nice presents. now i know its not quite £10 a day or even £11,000 in 2011 but for people who are a little short on cash its a good idea to help out with christmas, what do you guys think?

I do a similar thing - I clear out all the £1 & £2 coins from my purse every 3 or 4 days - I get about £250 every 6 months or so. I don't agree with these others posters - whether you earn the money or save the money every little helps.

Good luck with your saving and hope it goes well to making Christmas a little easier for you.

sk56

tonee

What about, rather than taking one pound and putting it in a jar, taking out a regular luxury, like chocolate bars, or cigarettes, or drinks in pubs, and calculate your average spend per month. If you divert that amount to your Christmas pot (or indeed your savings pot!) You'll effectively not be taking any money away from your normal spend!

seismicryan

I do this sort of thing too.... however what I do is put my 50ps and £2 coins into one jar that i dont touch...

I then put all my other change from my wallet, bar my pound coins, into a change jar...

So only thing i keep in my wallet are pound coins.. the other jars, especially the £2/50p jar really build up fast!

I always think it is a little deceptive however because often you will break a note in a shop to buy something you could have bought with change if you hadnt put it in a jar... so its kind of swings and roundabouts...

this is why i try to make a few pounds every day of "free money" online... my target is £5 a day as that would work out around £1500 per year!

Ryan

geordie_joe

skea56 wrote: »

I don't agree with these others posters - whether you earn the money or save the money every little helps.

Saving is fine, as long as the money you are saving is spare money you would not have spent anyway, or just spent it because you had it.

If you actually need all your earnings to get you to the next pay day then you have nothing to save. If you do try to save you have to give up something.

The problem is there are many people now giving up things, not so they can save the money in a jar or the bank, but because they just can't afford to buy those items any more.

MikeR71

I have often thought about saving the few quid I spend weekly on the lottery into a pot. I am sure that by Christmas I will be at least £50 better off.
But one always hopes to be lucky with the lottery even if the odds are so heavily stacked againt it.

JennyJewell

We do! We have never been able to do it any other way no matter how many hours my husband works and the fact that I work full time and work some evenings when I can! So yes for us Xmas presents literally come out of one or two months wages - it's hard work but we always find a way.
Wayne I think your idea is simple but brilliant and I will be doing it thank you That and writing a clear budget - I bet we spend more than we think although we don't go out drinking or have chinese take-outs etc, we haven't even got a budget for new clothes - something has to change!! I'll also work harder on my second source of income Sorry for the personal plan,lol - just typing my thoughts at the same time Hope nobody minds
Thank you again - it'll be a good start
Jen x

geordie_joe wrote: »

Nobody who is on a budget does that. They are either already saving through out the year for xmas, or buying stuff each month so they have less to buy at xmas.

In fact, whether short of money or not, or on a budget or not, I don't know anyone who pays for xmas out of just one months wages.