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Weekly Spend Challenge W/C 12th Aug 2012

pointypenguin
pointypenguin Posts: 1,768 Forumite
edited 16 August 2012 at 10:30PM 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 5th Aug Challengers / Pledges /Total Spent
Pointypenguin £20
Munchin £25 / £36.78

abundant1972 £25 / £25
Badger £80
wannabee_in_credit £65
EverTheOptimist £30 / £6.99
flyinggiraffe £70
Baileys Babe £5 / £0
mummy2threeboys £10
PrincessPoor £20
Shezam $30 / $40

Link to last week's challenge

W/C 12th Aug Challengers / Pledges /Total Spent

Pointypenguin £20
Elsiepac £
Munchin £30
abundant1972 £40
shezam $60
EverTheOptimist £30
wannabee_in_credit £50
flyinggiraffe £60
shezam £60
badger_ £35
rlongson £20
Baileys Babe £5
Weekly Spend Challenge: £0/£30


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Comments

  • pointypenguin
    pointypenguin Posts: 1,768 Forumite
    Morning all

    I was very red last week mainly from an unplanned night out of Thursday :mad:

    Work has been rather hectic and is only going to get worse but the are rumours I may get a trip to the USA in September :D which I am quite excited about.

    Anyway I am off to the Fringe today in Edinburgh but I am not counting any spends there as I have a separate budget (it is one of my favourite things :j)

    So I am pledging £20 to do from Monday to Thursday (I am off Friday as my nephew is coming to visit for the weekend so I have also have a separate budget for this)

    Let me know any more results and pledges and I will update

    (Wleocme back LC:beer:)
    Weekly Spend Challenge: £0/£30


  • Hi PP,
    Enjoy yourself in Edinburgh - I've never been to the Fringe but have always wanted to.
    I too, was very red last week. I'll pledge £50 this week and hope for the best. I really have been terrible this past couple of months with my spending - need to get in control again.
    Ninja Saving Turtle
  • Thanks for the thread PP

    Need to get back into thinking before spending, although many weekends of hen dos/festivals/weddings coming up so it's going to get worse before it gets better.

    I'm going to pledge £60 this week.
  • shezam
    shezam Posts: 565 Forumite
    Part of the Furniture Combo Breaker
    yay a new thread, 60 pledged this week. i'm on an american keyboard that why it comes up as a $ sign!

    Sun 12th - $10 petrol.
  • Munchin
    Munchin Posts: 2,816 Forumite
    Part of the Furniture 1,000 Posts Photogenic Debt-free and Proud!
    Hi all

    I'm just in from a mammoth window shopping trip - I was sooo tempted by orange shoes (which I will never wear) but walked away.

    Spends so far -

    Sun -3.49 (£1.50 Sun paper, £1 orange juice & 99p for new savings tin as old one is full:T
  • badger_
    badger_ Posts: 475 Forumite
    Thanks for the new thread pointy penguin :j

    My target this week is £35

    Today I have spent £8
    LBM 24/05/2012 :T
    August NSD 10/12 * £2 savers
  • Hooray!!!
    I've managed to chalk up a nsd today.
    Mainly because I'm so hungover from my hen do yesterday that I can barely raise my head, but hey, I'm not gonna refuse a nsd.
    My OH treated me to pub lunch, which I could barely eat.
    Ninja Saving Turtle
  • rlongson
    rlongson Posts: 13 Forumite
    I'll join, first challenge since signing up. Think I'll go for a £20 limit this week :)
    PROUD TO BE DEALING WITH DEBTS!!
    Credit Card = [STRIKE] £8000.[/STRIKE] £6000.
    Partners Overdraft = £1300. / My Overdraft = £1400 /
    Black Horse = [STRIKE]£6524. £4985. [/STRIKE] £1900. / Toyota = [STRIKE]£9132. £7400. [/STRIKE]£4600 / Very = [STRIKE] £750.[/STRIKE] £400.
    [STRIKE] Engagement Ring = £3250 £934.38. £0. / Sofas = £2000. £945. £0. [/STRIKE] /
  • EverTheOptimist
    EverTheOptimist Posts: 2,695 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 13 August 2012 at 8:16PM
    Thanks for the thread pp, it definitely keeps me on the straight and narrow.

    2 x NSD so far this week, plans have slightly changed, not going out for tea on Weds, but need to buy a big bag of wood shavings for bunny later in the week. so prob looking at spends of about £10. Famous last words though.

    Also welcome rlongson, good luck with sticking to your budget. It helps to post every so often, obviously only if you want to, it can help to see it in black and white, especially if you 'waste' money, which i have been known to do. :D
    SPC 18 Target £200 /
  • pointypenguin
    pointypenguin Posts: 1,768 Forumite
    Evening all

    First post has been updated. Welcome to rlongson let us know how your week goes.

    Spends for me so far are:
    • 50p on weigh in at boots
    • £3.50 on soup and sandwich for lunch
    Total £4 / £20


    I had such a good day at the festival yesterday but didn't get to bed until 1am so feeling rather tired today.
    Weekly Spend Challenge: £0/£30


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