Weekly Spend Challenge W/C 7th Aug 2011

pointypenguin

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 31st July Challengers / Pledges /Total Spent
Pointypenguin £50 / £30
elsiepac £60/£54.33
karen is trying £30
meersy22 £50/£25.52
jo-urney £75/£68.10
chris81418 £40/£33.06
debtfree future £90
sibles £30
kjp £23.75
katie07 £20
ruby_eskimo £30/£23.36

link to last week's challenge

W/C 7th Aug Challengers / Pledges /Total Spent
Pointypenguin £40
elsiepack £70
chris81418 £60
ruby_eskimo £30
jo-urney £30
meersy22 £50
katie07 £50
shezam £40
Nikki_24 £50
wouldbeqaulitymoneysaver £40
alibob 1986 £20
karen is trying £25
Oregon £40

pointypenguin

Afternoon all,

I am back home after visiting friends further north. Was an excellent week but weather is a bit grim back home:(

I was green last week as only spent another £10 on Friday on breakfast, lunch and coffee. I am going for £40 this week as not much on other than theatre ticket on Thursday night but that is all paid for already and not doing dinner before so should only be drinks or ice cream.

Thanks to LC for running the thread last week. I hope things go well with your date.

Enjoy the rest of your weekend everyone.

jo-urney

hey there. think i'll be going for £30.00 this week - i already have petrol in the car, nothing specific planned for the evenings, and am on a paediatric fist aid course next weekend where lunch is provided and i won't really have the opportunity to spend as its in the middle of an industrial estate!

nothing spent today, so its £0.00 / £30.00 for me.

meersy22

Afternoon all

I'm going to pledge £50 this week

Thanks

M

elsiepac

£8.75 spent yesterday, D'Oh!
Caved and bought cigs, shared with friend.
Have decided to invest in an inhalator, may stop me breaking after 1 or 2 days each time.

LC

katie07

Hi all!

Right, this week I really can't afford to be frivolous with my money, so I need to stick to my budget! I've already paid out £10 today for the work lottery syndicate (I live in hope that one day we'll win!) and I've got another £20 due to someone before Wednesday. I want to be green, so I'm going to pledge £50 for the week. I figure if I stay below that then I'll feel better about myself, rather than getting fed up by the end of the week and thinking "screw it, I'm already over budget I may as well keep spending"

I don't have anything planned until Saturday evening, but will need to get a few bits of grocery shopping before then. OH is trying to achieve a "6 pack in 6 weeks" so if he sticks to that it will help my spending as he won't be tempting me into the pub (he has a £50 bet on this and is convinced he will do it. He's tried it before but the dieting didn't last long!)

Congrats to all on your good results last week - seems it was only me who went a bit out of control Good luck with the second date elsie! And re smoking - my OH visited his doctor and got a bunch of stop smoking aids for the price of a prescription, rather than the extortionate prices supermarkets/chemists charge. So look at that before you spend 18 quid on an inhaler thingy - might be able to save yourself some pennies

Have a good week everyone!
Kx

shezam

Hi all,

I'm going to join if you don't mind, starting from today untill next Monday 15th, I pledge £40 i've tried a few challenges before but never manage and never return to the thread

Need to purchase bread, milk & banana's after work but i'm hoping that is all, also need to get eyebrows done this week thats £10. Maybe even get in some NSD's this week, not had one since I been paid that was 29th July :eek:

Good luck all.
Sx

Nikki_24

Hi, i'm new to MSE and i'd like to try this challenge. I need to be more aware of what i'm spending, whenever I try to keep a list etc I always tend to loose interest after a few days. At least if I set myself a weekly target I won't be as frivolous with the finances!
I'd like to try for £50 but not including petrol or toll charges as I already budget for this and spend 60-70 a week on it mainly for getting to and from work.

Good luck everyone!

wouldbeqaulitymoneysaver

This is my first time I do the NSD Challenge as well.income come in every 2 weeks making budgeting very difficult and I cannot access my Bank Account as I have mislaid IB Card.
Hi everyone
NB I know about hatred abuse and vitriol against Benefits claimants and will not tolerate it and will fight it tooth and nail.#ukuncut Broken of Britain:beer:

alibob_1986

OOh will give this a go myself. PLedging to keep below £15...going to be tight mind you.
ALthough does this include all spending? As I have a one off visit to a hospital tomorrow so have to pay parking...I guess it does and you factor in what ypou're doing weekly to adjust you r weekly budget right?! Sorry if I am being a bit dim lol
OK, revised target. £20.

jo-urney

well, i spent £1.30 today on a blueberry muffin at lunchtime but thats all really.

(i did buy my son a second hand bike this morning for £15.00 but his trike is up for sale on ebay, and im looking to at least triple what i spent today so im not counting it properly from my budget for the week!)

So officially thats £1.30 / £30.00