New Challenge - Details

needmoney

Queenie you’ve worked hard on our behalf and it’s great but I can’t join I can never ‘save’ as such as I have a shortfall in income to expenditure of £58 per week which has to come out of savings which are fast dwindling. I do try to spend less now but can hardly find much more to pare down, so good luck to all of you and I will watch and enjoy all your comments as you go along.

halloweenqueen_2

Brilliant thread Queenie. I will have to do a virtual savings, every spare cent I get I put towards my openplan mortgage at the moment, I'm trying to pay in twice as much a month and more if I can as I should to bring the term down, apart from that I want to move house, so I'm concentrating every penny on that. I will post how much I save in money off coupons etc and try and join in as best I can. I'm quite pleased with myself this week as I only spent £25 on groceries thanks to my freezer and I only used the car twice, i've not drawn any money out of the bank and the presents I've had to buy this month for family and friends have come from my stock of Boots sale stuff or covered by the greasy palm cheque I got so I was no better off but I was no worse off either!
I'm finding that if I haven't got any money in my purse and try not to draw any out, I will find ways round purchases! I've got an account I put money into for utility bill and car expenses and then I have a cash box that I put all the day to day money in, groceries, school expenses, petrol etc, once that money is gone thats it! If i have any money left over from that from April I'll let you know! So i'll join in the best I can!

tru

Great idea Queenie :T

I don't get many BOGOFs, I'm a Tesco Value fan and they don't do BOGOFs on those, though branded/own brand toiletries are often on offer so I'll start there. I use the ideas from Old Style for cleaning, and buy my fruit and veg locally so no offers there though it's much cheaper the supermarkets anyway. I never buy DVDs unless they're 3 for £20 or less ex-rental. Clothes from Matalan or Tesco when they're in the sale.

I think I'll be the person with the least in my pin money pot

System

troo wrote:

I think I'll be the person with the least in my pin money pot

No Troo, that will be me. Unfortunately, MrJudi whinges if he thinks hes getting short changed.:mad: I am going to try funding my clothes though out of coupon money and online survey money. I should have £24 coming back this week from R Points and Quickwise and i also received some pinecone vouchers this week so it should start me off.

jordylass

I think I saw something similar a while ago on an American thread, it was called snowballing, and a great idea, although I donlt think they kept such a close account of it. Any extra unbudjeted money was snowballed and used to pay off debts first then towards savings.
One of the best tips I got from there, is the change that is left in the bottom of purses, in jars etc, cashing it up and snowballing it. I find £20-£30 per month in this way, and now it goes into monay bags and into the bank, instead of into the change machine in Asda where I was paying a % for the pleasure of a coupon to spend.

Queenie

LOL @ troo - bless ya! Be it a penny, a pound or even one hundred pound it's saved

jordylass - yup, seen the Snowball Priniciple, it's just like that.
(They credit Amy D with the idea, which makes me chuckle because my Grannies were born loooooog before Amy D and if they had thought for one moment that they could sell books on their knowledge .... oooooh, I would have inherited a small fortune! :rotfl: One was a Geordie lass too!)

I'm delighted at the enthusiasm you're all showing and I think we're going to have a lot of fun along the way. I'm also relying on you lot to keep me in check - I alway begin projects with such energy but, if life shoves us a knock (like it does), I can easily get pushed off

needmoney

Just out of interest where is this Snowball thingy I can read it if I can't do it:D . I tried searching but loads came up.

halloweenqueen_2

I usually chuck all the coppers out the bottom of my purse into a big old pickled onion jar (suitably cleaned!!), I've wound tape around the lid and Mr HQ had put a slot in the lid, I try and put the odd pound or fifty pence etc hence the tape so it doesn't get borrowed from!I'm just filling it up and seeing where it will take me! I never change my shrapnel at a machine I'd rather count it out and put it in the free money bags from the bank! I've built up quite a saving until I started the money jar. I thought it would probably go towards xmas or a day out, something nice!! (I hope my budget will be in full operational swing by then!)

Queenie

:eek: Anyone else noticed yet ......

...... if we abbreviate our pin money savings challenge .... we're all in a ....

... PMS CHALLENGE!!! :rotfl:

As if *one* PMS challenge a month isn't enough!

needmoney

Can't save as I said but am still doing my little saving bit on shopping



Just about to throw out some receipts but thought I’d have a little peep first







Spring water tesco46p lidl18p

Lurpack spreadable tesco 97 Co-op1.05 lidl75

Iceburg Lettuce Co-0p 1.26 lidl 95

Tin Frt c.octail Tesco 52smll tin lidl25 bigger tin