Weekly Spend Challenge W/C 21st 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 14th Aug Challengers / Pledges /Total Spent
Pointypenguin £60/£67
elsiepac £65/£58.57
chris81418 £60 / £21.08
iwanttogoonholiday £20
jo-urney £30/£10.65
ruby_eskimo £20
xtn35x £75/£55.64
shezam £40/£60
tearose £24
may2013 £75 / £73.73
katie07 £25 / £23.62
karen is trying £25
meersy22 £20
alibob 1986 £40
ladymay £20 / £18

link to last week's challenge

W/C 21st Aug Challengers / Pledges /Total Spent
Pointypenguin £30 / £28
elsiepac £20 / £17.51
Robedha £40
shezam £60
May2013 £40
tearose £31.60
chris81418 £50
katie07 £25 / £24.80
helz_belz57 £40
jo-urney £30
ladymay £30
MissLJays £60

pointypenguin

Evening all

Apologies as I am quite late in starting up the thread my excuse being I have been at the Edinburgh Festival yesterday and today. I had a brilliant weekend. I have one more week until holiday so I am going for £30 this week as I don't have anything planned and will probably be doing lots of hours at work to get things sorted before I am off.

Thanks to LC for keeping everything ship-shape.

Let me know any more results and pledges and I will update the first post.

robedha_2

I'd like to join please. I'm already doing a few other challenges which are helping with my spending and this one should help even more.

Can I go for £40 this week please?

I need to get petrol to last until payday a week on Wednesday. I'm swimming tomorrow night and have fat club on Tuesday so I'll need money for them. Also need to pay for a fitness game from work (I do get 30% discount though so it's only costing me £9.09). After that all I should need is a few essentials like milk, fruit and veg so £40 should cover me for the week. Hoping not to spend after Tuesday anyway.

shezam

Good morning all!

After failing horribly this week I am pleding £60 this week please. Got a birthday party on Fri night to get a bottle as a gift and drinks, probably have to get petrol this week aswell.

Hoping I come under budget though as I need to get 4NSD's by end of month to get my target.

Good luck everyone
Sx

elsiepac

Morning all

Sounds like you had a great time at the Festival Pointypenguin, where will you be off on holiday?

I've got a busy week at work this week too, think there'll be some late ones again, which is good for spending (or lack of!)

Sorry for my late pledge, I'm going for £20 this week please.

21 Aug - Baccy etc - £4.32 (I'm trying rollies, if I have to smoke I need to do it cheaper)

Total so far - £4.32/£20

LC

May2013

Hi All and 'Happy Monday' (if there is such thing as a happy monday...I can't bear them )

I've got to have a few items dry cleaned this week which is going to cost a bit so I'm going to pledge £40 please.

Good luck everyone x

tearose

Hello everyone,

I did this challenge last week, but didn't update the thread - I think because at the start of the week I thought I'd actually given myself a really easy target, and then mid-way through the week I realised I hadn't and thought there was a distinct chance that I might go over budget!

Anyway - I found taking part in this actually taught me some really interesting things about my attitude to money. Being on this site is sort of like going into financial therapy!
I went slightly over target but that's fine, because as I say I really learnt some interesting lessons which I won't waffle on about here, and which will help me on my debt-free journey!

This week I'm going for £31.60 . I have already spent £1.60 on a tea on the train ...coming home from a weekend away, but I justfied it to myself as I didn't have a flask and it was very early in the morning and a 2 and a half hour journey

chris81418

Hello everyone! :wave:

Popping in to report that I was green last week with a spend of £21.08 out of my pledged £60! :j

After last week's success, I'll aim to do even better, so I'll lower my pledge to £50 - thanks LC and Pointy!

Glad the thread and the other challenges are helping tearose - it's incredibly enpowering isn't it!

Have a good week everyone!

katie07

Evening everyone!

My total spend for last week was £23.62, so I came in under budget, yay! :j Although I have been at V festival since Friday morning so that helped keep the weekly spend down!

This week I'm going to pledge £25 again please, pointy. I spent a little bit less than I budgeted for over the weekend, but need to tax and service my car this month so still need to be really careful with the pennies the rest of this month. It's my best friend's hen do in a couple of weeks too, so I need to make sure I have enough for that weekend. Does the spending never end?!

Have a good week everyone

Kx

helzbelz_57

can i join please?

are we incuding things that are S/O or DDs? as i will have my rent and phone/internet coming out on friday. (yuck)

i would like to pledge £40 this week please.

i have already spent about half of that today
£10 was my mobile top up
£8.75 was in mcdonalds <lazy mummy emoticon>
£1.19 on butter
£1.89 on sausages

so i still have £18.73 left of my weekly spending budget.

i do still have to get groceries in but thankfully not much at all and i am going to try and get as many whoopsies as i can in asda. i also wont need to top up on petrol until sunday.

robedha_2

My spends today were £2.37 on Pepsi Max (only 79p for a 2l bottle in Home Bargains - I bought 3)
£6.72 in Sainsbury's for some essentials like milk and fruit.
£8.95 at the leisure centre for swimming. I got an active card which was £6 so that brought the cost of the swim down to £2.95 from the usual £4 I pay. It'll have paid for itself in 6 weeks so a saving in the long run.

Total spend so far = £18.04/£40