Weekly Spend Challenge W/C 26th May 2013

edited 28 May 2013 at 1:31PM in Debt-free Wannabe Challenges
38 replies 2.5K views
EverTheOptimistEverTheOptimist Forumite
2.7K Posts
Part of the Furniture 1,000 Posts Combo Breaker
✭✭✭✭
edited 28 May 2013 at 1:31PM in Debt-free Wannabe Challenges
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 - over budget
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 19th May 2013 challengers, pledges and totals

EverTheOptimist - £75 / £71.65
strummergirl - £30 / RED
whymeMM - £70
GemmaN - £20 / £19.18
MissE001 - £50 / £40.76
Munchin - £40 / £22.47
mcjordi - £7 / £7

32b3in2013 - £50 / £51.19
CountingPennies - £100
Casperthefriendlyghost - £10
Lottie1987 - £70

W/C 26th May 2013 challengers, pledges and totals

EverTheOptimist - £50
32b3in2013 - £50
Optimistic-mummy - £100
GemmaN - £20
mcjordi - £10
Munchin - £30
MissE001 - £45
FionaWeasley - £5
strummergirl - £20
Busybumblebee - £35
SPC 14 Target £200 /
Debt: £11850
«134

Replies

  • EverTheOptimistEverTheOptimist Forumite
    2.7K Posts
    Part of the Furniture 1,000 Posts Combo Breaker
    ✭✭✭✭
    Well I am setting a budget of £50 this week. This is for groceries and the odd misc spends. I shouldn't need petrol as shouldn't be going too far from home.
    SPC 14 Target £200 /
    Debt: £11850
  • hi can i join you all please. my budget for this week is £100 many thanks in advance x
    200 weeks £25,000.00 / £700
  • GemmaNGemmaN Forumite
    42 Posts
    £20 again for me this week please :D
    2013 Challenges: VSP #68: £12.25 June Grocery Challenge: £10/£50 #50 in the 50p Savers Club

    Debts: £1625 of £13600

    Comps Won: (Apr 13) Batteries!
  • EverTheOptimistEverTheOptimist Forumite
    2.7K Posts
    Part of the Furniture 1,000 Posts Combo Breaker
    ✭✭✭✭
    First post updated.

    Welcome along optimistic-mummy. :wave: good luck with the challenge.
    SPC 14 Target £200 /
    Debt: £11850
  • MunchinMunchin Forumite
    2.7K Posts
    Ninth Anniversary 1,000 Posts Photogenic Debt-free and Proud!
    ✭✭✭✭
    Morning all

    I'm going to go for £30 this week as I'm not taking nephews swimming.
    DEBT 6 March - £688 NSDs- 3/301 (start 6 March 21)
    Goal 1 - Prudent reserve - £2,500/£10,000 (25%) - represents some security
    Goal 2- New hearth - £50/£2,000 (2.5%)
    Goal 3 - New to me car - £0/£8,000 (0%)
    Goal 4 - Rewire house - £0/£4,000 (0%)

  • mcjordimcjordi Forumite
    4.2K Posts
    Part of the Furniture Combo Breaker
    ✭✭✭✭
    stick me down for £10.

    i spent all my £7 last week..
    Sealed pot challenger # 10
    1v100 £15/300
  • MissE001MissE001 Forumite
    797 Posts
    Eighth Anniversary Combo Breaker
    ✭✭✭
    Thanks as ever for the new thread ETO :)

    Last week was a green one for me £40.76 / £50

    I'm going to aim for £45 this week to cover petrol, groceries, treats for friends visiting next Saturday and work travel:

    Sunday - NSD
    Monday - NSD
    Tuesday - £10 - work travel & meal
    Wednesday - £5 - work travel
    Thursday - NSD
    Friday - £30 - petrol & groceries / treats
    Saturday - NSD

    Enjoy the rest of the Bank Holiday weekend :T
    SPC Member #112 :A Save £2k in 2014 # 160 :money:
  • Morning, I'm going to try & use this thread every week. My budget is £5 cos it's the week before pay day! I'm not counting petrol for work though, that's already in another account. I'm going to struggle.
    Post Office Credit Card [STRIKE]£5817.98[/STRIKE] £5133.32
    Tesco Loan [STRIKE]£7414.42[/STRIKE] £6558.98 Sealed Pot Challenge #2069
  • EverTheOptimistEverTheOptimist Forumite
    2.7K Posts
    Part of the Furniture 1,000 Posts Combo Breaker
    ✭✭✭✭
    Well not the best start to the week as I spent £17.62 on groceries yesterday. Ooops. That's nearly half the budget on day one.

    Need to have a few spend free days now to catch up. :D

    First post updated to here.

    Welcome and good luck FionaWeasley. :wave:
    SPC 14 Target £200 /
    Debt: £11850
  • MissE001MissE001 Forumite
    797 Posts
    Eighth Anniversary Combo Breaker
    ✭✭✭
    Well, I've started the week by staying on track :j

    Sunday - NSD done :A
    Monday - NSD
    Tuesday - £10 - work travel & meal
    Wednesday - £5 - work travel
    Thursday - NSD
    Friday - £30 - petrol & groceries / treats
    Saturday - NSD
    SPC Member #112 :A Save £2k in 2014 # 160 :money:
This discussion has been closed.
Latest MSE News and Guides

Energy price cap could be extended beyond 2023

New plans have just been announced by the Government

MSE News

Cheap contents insurance for tenants

DON'T assume your landlord covers you

MSE Guides

Summer sizzlers round-up

Incl £2ish sun cream & £1.50 disposable BBQs

MSE Deals