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Saving for Xmas 2017 - A pound a day
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#84 checking in with £161 for now
I feel like I should use this money to put towards my debt. But then I think saving it and then not relying on credit cards, like I have been doing in the past for Christmas, would be much more beneficial for me in the long run, right?03/03/2020 - The Re-Beginning of the End
Credit Card Total Debt: £5525
£0 paid - 0%0 -
#84 checking in with £161 for now
I feel like I should use this money to put towards my debt. But then I think saving it and then not relying on credit cards, like I have been doing in the past for Christmas, would be much more beneficial for me in the long run, right?
All depends on how much interest your debt is attracting, you could save on interest which you could use for christmas later on in the year....
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 -
All depends on how much interest your debt is attracting, you could save on interest which you could use for christmas later on in the year....
Westie983
Currently getting no interest until June 2018 as both cards are on 0%, thankfully
03/03/2020 - The Re-Beginning of the End
Credit Card Total Debt: £5525
£0 paid - 0%0 -
Then yes go for saving :-)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
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Morning all!
Put as much as we can in this week so...
#71 - £16 in = £189/£365
Chappie xPAD - Barclayloan - £3078.32/£3758.32
January 2022 Grocery Challenge - £600
Saving for Christmas 2022 - #33 - £1 a day Challenge - £10/£365
Virtual Sealed Pot Challenge 2022 - £8.55/£5000 -
#12 checking in with an update, currently sitting at £532 :jMFiT-T7 #17 (Jan 2025) £193k (Apr) £177k (July) £
SPC 18 #6 £299.80 (12/07/25)
SPC’s (1)£27.19 (2)£728 (3)£1471 (4)£357 (5)£435.18 (6)£1114.92 (7)£1492 (8)£392 (9)£1952 (10)£1866.65 (11)£1177.74 (12)£1445.39 (13)£1608 (14)£603.30 (15)£672 (16)£2563 (17)£1300 (18)£0 -
Seems ages since I posted:
#3 £214/£650
Happy weekend everyone Debt Free 🍾 since 6.8.13 £31,997Saving for 🎄 🎁 2025 £416/£850 49%6 mth 🆘 fund £6kMortgage offset fund £24.7k/£40.3k 61.3%It turns out the answer to my problems wasn’t at the bottom of this tub of ice-cream, 🍨 but the important thing is that I tried...0 -
#18 £45 transferred over for May, bringing my total to £270.Emergency Fund £0/£500
£365 in 365 Days #18 £520/£520
£2.00 Savers Club 2017 #11 £300/£3000 -
Well since joining this group I had a few problems that needed my money elsewhere, so I have been very slack in saving for Christmas so its almost like I am starting afresh:mad: as my total is only £3 and £2.05 in Co-op vouchers which I am saving till then. So onward and upward and hope to report more next week.:)This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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Ploppy57: Looking on the bright side, that'll buy a tub of Celebrations/Q.Street and the next £5 could buy a bottle of wine - that's my prezzie sorted lol
Another bit added to mine:
#3 £219/£650 Debt Free 🍾 since 6.8.13 £31,997Saving for 🎄 🎁 2025 £416/£850 49%6 mth 🆘 fund £6kMortgage offset fund £24.7k/£40.3k 61.3%It turns out the answer to my problems wasn’t at the bottom of this tub of ice-cream, 🍨 but the important thing is that I tried...0
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