Second Purse Challenge 2012

SueP19

NotYetMrs wrote: »

Hello,

I started reading this and have wanted so desperately to try and do something like this for ages.

What I want to know is where you store your stocks?

I took possession of 2 teenage 'step sons' on a part time basis, who made it their ambition to find the 'goody' food stocks, including opening almost every cereal box meaning all were stale as we were unaware they had found them for quite some time, so wiping out my stock and in effect I was spending more.

Next I thought I had over come this and had an outside store cupboard (like an old coal cupboard), well the mice loved this.

So what do you do?

By the way where is the bold gel from please?

Welcome to our motley crew :rotfl: :j

fozziebeartoo

NotYetMrs wrote: »

Hello,

I started reading this and have wanted so desperately to try and do something like this for ages.

What I want to know is where you store your stocks?

I took possession of 2 teenage 'step sons' on a part time basis, who made it their ambition to find the 'goody' food stocks, including opening almost every cereal box meaning all were stale as we were unaware they had found them for quite some time, so wiping out my stock and in effect I was spending more.

Next I thought I had over come this and had an outside store cupboard (like an old coal cupboard), well the mice loved this.

So what do you do?

By the way where is the bold gel from please?

Welcome to the SP thread! :T

I keep all my stores in the house, all over the place but am planning on sorting it out......some time :rotfl:

I got the Bold Gel from Wilkinsons - £3.00 for the large size on their reduced section, so probably store specific, because the smaller size on the normal shelf was more expensive.

I have been getting lots from Wilkinsons reduced section lately.....got loads of 5 in 1 dishwasher tablets for £1 for 30 a couple of weeks ago

Forgot to say I like having lots of types of cereals on the go at once, I bought 6 plastic cereal containers with a pouring spout in Matalans sale for 80p each - they seem to work a treat at keeping them fresh.

MunniMuncha

bunbun2 wrote: »

I have really failed to get my head round the second purse:( it all works in my head but when I try to put it in practice...
I have loads of stock but can't get to grips with paying for it and increasing my GC budget (which has also gone by the wayside but that is another story...). I know that if I pay for it it will increase my savings and maybe next month when I keep track of my GC.
I have still been reading all posts and am so inspired by you all

Hi Bunbun - I am exactly the same as you, although I know it does work but haven't really come to grips with HOW it works - in my head I think I have it straight but trying to explain it to somebody is a real no-no at the moment:(. I too am struggling with my grocery budget and keeping it down as I keep buying stuff out of MunniMart and even though I know the money is coming to me, it still increases my GB (so that is something I am trying hard to get my head around too).

I am sticking to 2nd pursing tho as I think the longer you do it for, the easier it becomes. As Mothership said it is a long term thing and it took her 6 months to get her GB under control Mothership is the Mother of this ship :A- what she doesn't know about 2nd pursing isn't worth knowing, so I am listening to her as well as all the other people who have come to grips with it.:D

So hang in there and keep persevering coz I think one day it will just all fall into place. Don't worry about asking questions of the wonderful people on here neither as the more people ask the more I learn :rotfl::rotfl:

Rosielady

NotYetMrs wrote: »

Hello,

I started reading this and have wanted so desperately to try and do something like this for ages.

What I want to know is where you store your stocks?

I took possession of 2 teenage 'step sons' on a part time basis, who made it their ambition to find the 'goody' food stocks, including opening almost every cereal box meaning all were stale as we were unaware they had found them for quite some time, so wiping out my stock and in effect I was spending more.

Next I thought I had over come this and had an outside store cupboard (like an old coal cupboard), well the mice loved this.

So what do you do?

By the way where is the bold gel from please?

Welcome, you will find so many lovely people here, I was amazed how quickly I felt one of the group:)

fozziebeartoo

MunniMuncha wrote: »

Hi Bunbun - I am exactly the same as you, although I know it does work but haven't really come to grips with HOW it works - in my head I think I have it straight but trying to explain it to somebody is a real no-no at the moment:(. I too am struggling with my grocery budget and keeping it down as I keep buying stuff out of MunniMart and even though I know the money is coming to me, it still increases my GB (so that is something I am trying hard to get my head around too).

I am sticking to 2nd pursing tho as I think the longer you do it for, the easier it becomes. As Mothership said it is a long term thing and it took her 6 months to get her GB under control Mothership is the Mother of this ship :A- what she doesn't know about 2nd pursing isn't worth knowing, so I am listening to her as well as all the other people who have come to grips with it.:D

So hang in there and keep persevering coz I think one day it will just all fall into place. Don't worry about asking questions of the wonderful people on here neither as the more people ask the more I learn :rotfl::rotfl:

This is the bit that puzzles me too......

Because if we are buying from OUR store, what we would buy from a SM anyway - then it isnt increasing the grocery budget.

Because it would have been bought anyway.

With my sensible hat on, I have to accept that it makes no difference if I spend £10 in Sainsbugs or Sallys Stores - I am not spending anymore from the grocery budget.

Am I?????? :rotfl::o:rotfl:

But lots of us think we are spending more out of the grocery budget......so why do we think that???? :rotfl:

Confuzzled!!

Muppet_baby

fozziebeartoo wrote: »

This is the bit that puzzles me too...... lots of us think we are spending more out of the grocery budget......so why do we think that???? :rotfl:

Confuzzled!!

I think that I am spending more, but then I have more... does that make sense? I also think that since I have had the Muppet Market, I have been eating a far better quality of food. If that is the case for others, I guess it makes sense that the grocery budget has gone up a bit?

rachbc

fozziebeartoo wrote: »

But lots of us think we are spending more out of the grocery budget......so why do we think that???? :rotfl:

Confuzzled!!

Because - normally if I see cheese on offer I would buy it at the offer price from my GB (£2). Now I buy it at the offer price from SP for £2 - then use the GB to buyit back at full price (£4) - so effectively the GB is down £2 even though I have the money in SP rather than the SM having it its still gone from the GB.

I'm giving it 6 months and will review if tis working for us

jakes-mum

Welcome Notyetmrs :wave: I have a dedicated cupboard (well I did have till I spilled over onto another shelf ) which everyone knows they are not to touch, things like cereal I actuall hide behind a double stack of all the tins so you cant see them unless you get down on all fours :rotfl: its the chocolate bars I have trouble keeping track of as i have to keep them in the fridge and DH has a veeeeeeery sweet tooth

Oh its also well known in this house about cereal, the kids did go through a stage before SP of opening random boxes and leaving them and I didnt throw them away, I refused to buy any more cereal till they were eaten (I have my own cereal so it didnt effect me )

I think my grocery budget has increased slightly as I never buy anything on deal anymore from my GB. Everything at SOS is charged at what I am willing to pay, so even though Mr C still has D0lmio on £1, im paying £1.41 as that is what I would pay if I had too IYSWIM. I think those that compare their stock to current SM prices are going to see no change.

I like to think it is balanced out by the fact that I dont have to buy 4 jars because they are on special, for £4, I can buy them as and when I need them, so they £4 I would have spent from GB is actually only £2.82 because I only use 2 in a month.

Am I confusing you all yet :rotfl:

SueP19

I have to say that I got into a tizz over the grocery challange, so much so that I bowed out of the thread and just come on here.

I kept loosing track of what should be counted and several peeps on there told me I was doing it wrong (my way or the highway!!!) How can you say you spent £2.50 when it cost half that. I love spreadsheets but found it too complex and time consuming to declare a 2nd purse purchase at the original cost on the GC and to track my other 1st purse purchases on GC and then to keep a store cupboard record with cost and full prices to buy back, was just way too much

What I do is have a set spend per week £40 (reduced from £100 to £70, now £40) this is the maximum I want(:mad:) to give to the SM's a week (1st purse) so physically I am keeping to a grocery budget and my bank account is better for it, as I was spending over £100 at one point and I only have to keep track of my reciepts

I can understand how it should work but I just didn't have the time to track it properly and it's difficult to declare how well you are doing when you are increasing your GC budget because you are paying full price for things, even though it's from yourself.

Hope that makes sense, to me the 2nd purse system is way more important to understand and do :T

Mothership

I 've been working on a word doc , that I think explains HOW the 2nd Purse works. Been going nuts trying to post it , canny copy and paste. Only get seconds to post on Firefox. Getting another puter at weekend so will post it from that.

If anyone wants to see it before then PM me your email address and I will send it that way.

DD1 Bought me a Le Creuset Heart shaped casserole, its massive, the wee darling, she got it for £28 in the Le Creuset shop.