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Weekly Spend Challenge W/C 10th July 2011

pointypenguin
pointypenguin Posts: 1,768 Forumite
edited 16 July 2011 at 9:11AM 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 3rd July Challengers / Pledges /Total Spent
Pointypenguin £40 / £47
redapril £15
karen is trying £30 / £24.30
Psychaley £30 / £28.80
elsiepac £30
laisbojar83 £20
rdchick £
toddybad £60
debtfree future £30 / £40
beadgirl87 £40 / £26
katie07 £30 / £31.07
meersy £50
shezam £30
chris81418 £20 / £5.77
redapril £15 / £11.76

link to last week's challenge

W/C 10th July Challengers / Pledges /Total Spent
Pointypenguin £40 / £42.79
debtfree future £50
OberonSH £10
redapril £10
katie07 £30 / £24.90
karen is trying £25
beadgirl87 £40
elsiepac £40 / £42.31
Psychaley £20
psychopathbabble £10
chris81418 £125
Weekly Spend Challenge: £0/£30


«134

Comments

  • Hi

    I am going for £50 this week to take into account visiting Dad in hospital +£10 on overdue library book fees which I am taking back today.

    DFF
    RBS £2,043.50 @0% until April 2014
    Virgin £2,522.78 @ 0% until November 2015
    Total Debt £4,566.28
    SPC 7 315. Emergency Fund 300/1000.
  • OberonSH
    OberonSH Posts: 1,792 Forumite
    Oooh!!! Can I join? The 'tenner here, tenner there' has really crept up, so need a kick in the bahookie! I'm going for £10. Low, but need a short sharp shock!
    This year I'm getting organised once and for all, and going to buy a house with my wonderful other half. And that' s final!

    Current Pay Off Target : £1500 :mad:
  • redapril
    redapril Posts: 51 Forumite
    £10 pledge for me this week please - i was within my pledge last week but still spent more than i really should have as bought my lunch at work twice! tut tut. so if i lower it this week it may make me more determined! heres hoping.....
    LBM - JULY 2008 - Wage cut followed by redundancy made me realise how much i was living beyond my means.
    Debt in July 2008 = £30,049.59 / Debt today = £20,173.82 / Total paid off = £9,875.77 (32.86%) :D
  • katie07
    katie07 Posts: 180 Forumite
    Part of the Furniture 100 Posts
    I'll repeat myself on here, just in case my post on the last thread gets missed :D

    I'm going to pledge £30 again this week, and should in theory stay within that budget.....just gotta make sure I don't let my OH tempt me to spend!

    Kx
  • chris81418
    chris81418 Posts: 910 Forumite
    Debt-free and Proud!
    Hello everyone! :wave:

    Just quickly popping in to report that I was green last week with a spend of £5.77 out of my pledged £20 - whoopee! :j

    I'll be back within the next couple of days once I've worked out my pledge for this week.

    Have a good rest of the weekend everyone! sunshine.gif
    :money: Proud to [STRIKE]be dealing with[/STRIKE] have dealt with my debts! :money:
    DFW Nerd #1256, WSC £?/£? for w/c 03/03/2013, NSD ?/19 for 03/2013, Long Hauler #196

    highest debts: 01/06/2006 £69,023.92 _pale_
    debt free date: 31/12/2012 £0!:D
  • pointypenguin
    pointypenguin Posts: 1,768 Forumite
    Morning all

    That is the first post updated let me know if I have missed anything. Not back until late tonight so will update anything else after work tomorrow

    Enjoy the rest of your weekend.
    Weekly Spend Challenge: £0/£30


  • beadgirl87
    beadgirl87 Posts: 194 Forumite
    Part of the Furniture Combo Breaker
    Hey

    Could I go with £40 again please this week.
    Pleased I managed £26 out of £40 last week.
    This challenge is great, I've been doing it a while buy myself but great to see other people doing it too.
  • elsiepac
    elsiepac Posts: 2,686 Ambassador
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 10 July 2011 at 5:34PM
    Hi everyone, Happy Sunday!

    Already stated I was red last week by *some* money - lost track after raiding every every spare penny I had stashed away everywhere to pay for my car to be fixed so gave up as I knew I was well over!

    This week I am pledging no more than £40 please.

    Thanks for doing the thread PP - must confess I thought it was my week to start... shall I do next week? :o

    Have a fantastic money saving week all

    LC xx
    I’m a Forum Ambassador and I support the Forum Team on the Old Style, Crafting and Techie Stuff boards.If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts 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 and not the official line of MoneySavingExpert.
    GC: May 22 £tbc/£250 Vegan 27-8-13
  • redapril
    redapril Posts: 51 Forumite
    hi pp,

    my pledge last week was £15, so i think i should be green on your first post as i only spent 11.76! :D defo hoping to spend less than that this week x
    LBM - JULY 2008 - Wage cut followed by redundancy made me realise how much i was living beyond my means.
    Debt in July 2008 = £30,049.59 / Debt today = £20,173.82 / Total paid off = £9,875.77 (32.86%) :D
  • Psychaley
    Psychaley Posts: 83 Forumite
    So I somehow managed to stay within budget last week and did only spend £28.80

    I'm going for £20 this week. I've been organising myself and written a daily budget breakdown in my diary: £7.20 for train tickets, £5 for Next account, £6 for a taxi, £1 for a lottery ticket which will give me a little left over for little emergency cups of orange juice at work too :T
    Paying off the overdraft:
    End of April= -£500
    Today= -£455
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