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Virtual Sealed Pot Challenge 2016
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crimson.addict wrote: »I picked out the 52 note today so £52 has gone into my VSP.
So excited. That's the largest number out of the way
I also found a daily challenge. I think you pot 1p on day 1, 2p on day 2 until you get to day 365 when you pot £3.65. When you've finished you should have £667.95 banked. It gets a little expensive towards the end with your last week costing £25.34 and your last month costing £108.50 but it's a great way to save if you can afford it.
I've just opened a new bank with the halifax so i might try it in there once i have access to it.
I think the daily savings thing is sort of a good idea if you just want a challenge, but if you're trying to save and you're able to do it why not do the full amount every month? Also advice I've read is to do it backwards: you're more likely to do the difficult bit at the beginning of a challenge when it's "all downhill from there", and you're getting interest on a much higher amount.0 -
Hi There...Just sent in my Update form....I got confused about how much I put in as I transferred twice today....
But my total is £4.08 altogether...I'm pleased with that...Little by little is my motto this Year!!0 -
£1.88 went into my savings.
how often do you transfer your money into your accounts?MarNSD 5/20 | EF 3-6m #27 & EF #179 £212.35 / £2,700 | FH: £20.00 / £10,000 | Car £51.66 / £200 | Xmas £0.00 / £100.000 -
Frugalgurl wrote: »Thanks Westie983 how do I do that?
Just took out money for the week and it's left me with £3 spare so that's now in the VSP so now it's a total of £10.40
Heeelllloooo,
Just click on the link on the first page, then add how much you have added to your VSP this week, dont worry about the total as the spreadsheet will update it as the weeks/months go on.
give it a go, Ill let you know if I get the form.
;0)I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income 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 MoneySaving Expert.Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%£2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%Total £4095.19/£7332.95 = 55.84%0 -
debbie_debt wrote: »Hi,
Can I join too please? Seems very simple and an amount of money I'd really never miss.
Thank you!
Debbie
Of course you can, I have added you to the spreadsheet, you are #30
Did you want to add a target?
Westie983I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income 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 MoneySaving Expert.Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%£2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%Total £4095.19/£7332.95 = 55.84%0 -
crimson.addict wrote: »I picked out the 52 note today so £52 has gone into my VSP.
So excited. That's the largest number out of the way
I also found a daily challenge. I think you pot 1p on day 1, 2p on day 2 until you get to day 365 when you pot £3.65. When you've finished you should have £667.95 banked. It gets a little expensive towards the end with your last week costing £25.34 and your last month costing £108.50 but it's a great way to save if you can afford it.
I've just opened a new bank with the halifax so i might try it in there once i have access to it.
Well done you,
I also do what you mention above it called the penny challenge :-)I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income 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 MoneySaving Expert.Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%£2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%Total £4095.19/£7332.95 = 55.84%0 -
DreamerHelen wrote: »Hi There...Just sent in my Update form....I got confused about how much I put in as I transferred twice today....
But my total is £4.08 altogether...I'm pleased with that...Little by little is my motto this Year!!
Ill check the form now and update the spreadsheet hold on...
Yes all done :-)
I noticed you havent got a target, do you want to set one?I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income 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 MoneySaving Expert.Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%£2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%Total £4095.19/£7332.95 = 55.84%0 -
I have updated the spreadsheet,
DreamerHelen Thanks for your total, I worked out what your two figures were and your total is now £4.08, well done, keep it going :-)
Crimson_Addict I have updated your total as well, you are doing amazingly, what a great inspiration to others, keep that momentum going
Positivelypunked You are off the start mark, well done, its only up from now :-)
I will update again tomorrow as its Friday...
Westie983I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income 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 MoneySaving Expert.Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%£2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%Total £4095.19/£7332.95 = 55.84%0 -
Morning Westie....thanks hun for working everything out for me!!
I don't want to set a Target if that's okay.....I would ideally like enough to buy a new Digital Camera with but I don't know how much that would cost so you could put my Target as "New Digital Camera" if you want or just leave it blank
Thanks for all of your hard work xXx0 -
A paltry 19p for me. I am awaiting a Quidco cashback payment which will go straight in, but I haven't received it yet. It's paid by BACS so I doubt I'll see it until Monday now.0
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