Weekly Spend Challenge W/C 23rd February 2014
EverTheOptimist
Forumite 2.7K Posts
Hello everyone. Welcome to the Weekly Spend Challenge. This challenge is open to anybody, no matter what financial place they are in. Everyone is welcome here.
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 16th February 2014 challengers / pledges / totals
EverTheOptimist - £25 / £10.58
Munchin - £40 / £27.28
Busymumofthreeplusdog - £200
DD265 - £15 / £14.63
Cookie02 - £135
Mrs Cheshire - £7.70 / £2.58
W/C 23rd February 2014 challengers / pledges / totals
EverTheOptimist - £20
Cookie02 - £60
Sedge123 - £30
Munchin - £30
Busymumofthreeplusdog - £55
DD265 - £15
Mrs Cheshire - £10
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 16th February 2014 challengers / pledges / totals
EverTheOptimist - £25 / £10.58
Munchin - £40 / £27.28
Busymumofthreeplusdog - £200
DD265 - £15 / £14.63
Cookie02 - £135
Mrs Cheshire - £7.70 / £2.58
W/C 23rd February 2014 challengers / pledges / totals
EverTheOptimist - £20
Cookie02 - £60
Sedge123 - £30
Munchin - £30
Busymumofthreeplusdog - £55
DD265 - £15
Mrs Cheshire - £10
SPC 14 Target £200 /
Debt: £11850
Debt: £11850
0
This discussion has been closed.
Latest News and Guides
Replies
Have set up the new thread early as I'm away for the weekend, so couldn't guarantee being able to pop on.
I will update if I can on my phone whilst away, if not will update ASAP on Monday.
ETO
Debt: £11850
I'd like to put £60 as my budget for next week please.
My plan is:
Sun - NSD
Mon - NSD
Tues - NSD (groceries from separate budget)
Weds - £10 work lunch & coffee with team #1
Thurs - £10 work lunch & coffee with team #2
Fri - £10 lunch with friend
Sat - £20 possible day out
£10 buffer.
Saving for Christmas 2021 #30
Green this week£27.28, I'm going to pop back later when I have figured out the plans for the week ahead as I'm not in work much:). I know I have to get back into the packing lunch habit.
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%)
On a mission to save money whilst renovating our new forever home
I think I will go for £30. I'm not in work and when I go back I'm going back to making my own lunch.
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%)
So not much on this week. Looking like
Sun- need to pay the newspaper bill( not paid since nov)
- think £20.00
Mon-NSD
Tues- NSD
Wed- might need milk, my turn to buy biscuits, circuits class
- £3.00
Thu- NSD
Fri- need to go to town to buy birthday gift & Mother's Day gift
- £30.00( but will try for less)
Sat- NSD
To give myself leeway I'm going to aim for less than £55.00:D
..............on a mission to curtail the spending and build up the savings
2015 NSD total - 5
I managed £14.63/£15 last week, so green but a close call!
Going for £15 again this week please.
Sunday - £6.10
Have written cheques for school lunches/buses but they come from other budgets.
Newspaper bill(since nov* note to self to pay monthly!)
£18.95
Off to a reasonable start....
..............on a mission to curtail the spending and build up the savings
2015 NSD total - 5
, we are finally decorating our room this year after 17 years of it continually being bumped down the priority list! Thus money was all set aside separately though so I'm not counting it.
On a mission to save money whilst renovating our new forever home
I hope you had a good weekend away ETO!
I've taken advantage of the eBay free listing weekend so hopefully this week will be orange. I'm saving up to buy an airbrush compressor (I struggle using air cannisters) and that's £110 - I'm about halfway there through selling some of my collection. Once I get the compressor I'm hoping to start churning out some custom pieces and making a bit of money from my hobby.