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Weekly Spend Challenge w/c 10 June 12

elsiepac
elsiepac Posts: 2,686 Ambassador
Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
edited 17 June 2012 at 9:29AM 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
Orange - 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 3 June Challengers / Pledges /Total Spent
Pointypenguin £some Yen
elsiepac £20 / £59.77
EverTheOptimist £15 / £10.77
magni £40 / £49.10
Munchin £40
mandz1 £18.90 / £18.70
sistafromanothermista £15 / £16
ladymay £40 / £62.60
Flat Eric £100
Baileys Babe £5 / £0
flyinggiraffe £20 / £12.50

link to last week's challenge


W/C 10 June Challengers / Pledges /Total Spent
Pointypenguin £some Yen
elsiepac £25 / £61.38
mandz1 £25 / £22.96
EverTheOptimist £25 / £25
flyinggiraffe £20 / £13.86
Flat Eric £321
sistafromanothermista £15
magni £20 / £1.49
ladymay £20 / £16.21
badger_ £30

Baileys Babe £5
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
«13456

Comments

  • elsiepac
    elsiepac Posts: 2,686 Ambassador
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Hi all

    New thread up early as I'm out the rest of the day...haven't decided on my own budget yet!

    Have a lovely day all

    LC
    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
  • EverTheOptimist
    EverTheOptimist Posts: 2,695 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I haven't decided on my budget yet either, but doesn't look like i'll be seeing hubby this weekend after all. :mad::mad::mad:

    I am out for lunch on Thursday, then tea on Friday, so i suppose £25 should cover it.

    I'll increase it if anything changes with hubby.

    Have a good weekend LC
    SPC 18 Target £200 /
  • Hi all - thanks for starting the thread :)

    going to pledge £20 again this week.
  • Flat_Eric
    Flat_Eric Posts: 4,068 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 10 June 2012 at 10:57AM
    I've suppose I've gone over budget this week so please mark me down as RED. I can't tell you by how much because I've confused myself and cheated somewhat. I've always bought things like cookery magazines from the joint account/food budget so it would be easy to say I have come in under budget but then my budget expenditure would read :A:A:A:A:A so need to give it some thought. There have been three visits to the shops this week and lots of little spends where I have whipped out the joint account bank card. All of these add up and the money isn't coming from the money tree.

    Can we have more than one budget running alongside each other ??? I was thinking something along the lines of £321.00 for this week (overall) broken down as follows: -

    £10.00 = Misc
    £25.00 = eating out
    £20.00 = entertainment (kindle books/cross stitch/puzzle books/stationery)
    £10.00 - travel
    £20.00 = clothes
    £70.00 = food
    £5.00 = car park
    £51.00 = slimming world
    £100.00 = new glasses
    £10.00 = newspapers/magazines

    Seeing in black and white - feels :eek: hopefully can spend as little as possible :T


  • Think i was over budget by £1 last week. So this week i will budget £15 :)
    DEBT FREE AND PROUD:D
    'Better to remain silent and be thought a fool than to speak out and remove all doubt'
  • magni
    magni Posts: 651 Forumite
    Last week was a disaster for me. £49.10/£40 :eek:This week kids are back at school so should be much better. I'll go for £20 again.
    100 Day Pot £13
    £2 coin saver #205 £40 banked and £22
    Weekly Spend
    June NSD 9/10 DFW Nerd 54
  • Flat_Eric
    Flat_Eric Posts: 4,068 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 10 June 2012 at 10:58AM
    First two spends of the week.

    Newspaper (£1.50) and Lottery ticket to go in birthday card (£1)

    £1.00/£10.00 = Misc
    £25.00 = eating out
    £20.00 = entertainment (kindle books/cross stitch/puzzle books/stationery)
    £10.00 - travel
    £20.00 = clothes
    £70.00 = food
    £5.00 = car park
    £51.00 = slimming world
    £100.00 = new glasses
    £1.50/£10.00 newspapers/magazines
  • Spent £8.75 yesterday :( and another 78p today so;
    £9.53/15.00
    DEBT FREE AND PROUD:D
    'Better to remain silent and be thought a fool than to speak out and remove all doubt'
  • Not spent anything from my weekly cash budget as I'm still in my jammies!

    I have used up lots of my monthly entertainment budget today though. (I allow £50 a month) 16 quid on music and 10 on some kindle books so stil got 24 to last the next 2 weeks :)
  • ladymay
    ladymay Posts: 1,126 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    Ended on £62.60/£40.00 last week :mad: quite annoyed with myself!!

    I'm aiming for £20.00 this week, I currently have no evening plans so I NEED to stick to this - might need to think of a way to booby trap my purse :p
    2019 Aim: Save £10,000
    Don't sacrifice what you want most for what you want now
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