January | Penny Pincher Challenge



  • adventureofmemories
    adventureofmemories Forumite Posts: 177
    100 Posts
    Great start guys!
    well done!
    Debt to fiancee - £404.00 (left to pay) | Save £12,000 in 2018 - £371.90 all together|2,018 items in 2018 (8/2,018)
  • try_harder
    try_harder Forumite Posts: 1,491
    Eighth Anniversary 1,000 Posts Combo Breaker
    I just need to write in my diary and that will be 7 points for today ,very happy with that ,more of the same tomorrow i hope.
  • dizzytina
    dizzytina Forumite Posts: 774
    Part of the Furniture 500 Posts Combo Breaker
    Hi ,
    Please can i join in with this challenge?

    My list is:-
    1.Keep an expense log daily
    2.use cash only for supermarket shopping and going out
    3. take lunch to work each day
    4. No eating out/takeaways (apart from already agreed social events)
    5.Meal plan
    6.Set up auto payment for savings
    7. Use food up from the freezer
    8.bake my own snacks and puddings
    9.check bank account online daily
    10. no online shopping
    11. de clutter at least 3 items a day
    12. Enter atleast 20 competitions a day
    13. run or walk atleast a mile each day
    14. do not buy any clothes
    15. list 3 or more items to sell on Facebook selling sites or ebay

    8 points for me today as i've done 4,7,8,9,10,12,13,14
    V 12500 B 8300 N 1900 Oct £51/£155
  • iammumtoone
    iammumtoone Forumite Posts: 6,377
    Seventh Anniversary 1,000 Posts Name Dropper I've been Money Tipped!
    Happy new year challengers

    5pts total for me today, not too bad considering its a holiday today.

    3. check bank balance
    4. update spending dairy
    10. £10 per wk luxury challenge - under budget for last week
    12. 3 things de-cluttered
    15. washed up before bed

    Had quite an expensive day today, its surprising what you can spend when you go on a free activity. We went for a long walk but stopped for dinner on the way and then at the tea shop :o
  • worklifebalance
    worklifebalance Forumite Posts: 73 Forumite
    Pretty good start today. Budget and menu plan completed. Went out for lunch but didn't have starter or dessert so didn't eat anything bad. Change went in my sealed pot. Fridge sorted and things either frozen or used up. Obviously posted here too so I think that's 6 points!
    SPC #459 no 8 2015 £203 2016 £157 2017 £70
    starting mortgage £120,000 June 2012
    OP 2015 £5000, 2016 #57 £28866/ £25000
  • villagelife
    villagelife Forumite Posts: 3,047
    Part of the Furniture 1,000 Posts
    Yesterday 3 points as not brought any clothes, checked banking and did two surveys and checked more than two sites.
    Slow start but have done more than would have done otherwise.
  • ljane16
    ljane16 Forumite Posts: 5 Forumite
    Could I join please these are my 15 things

    1. Save all spare change
    2. take your own lunch to work
    3. meal plan
    4. set a target for a specific amount of No Spend Days - 16
    5. Check bank accounts frequently - daily and transfering to savings account by rounding to nearest £10 each day
    6. Stop your expensive habit - buying beauty products apart from my subscription box
    7. Avoid online shops such as Ebay
    8. Create a shopping list & stick to it
    9. Stop buying branded food
    10. Give yourself a limit to spend (£50 per week)
    11. Use left overs / search for cheap meals
    12. Use loyalty cards such as tesco
    13. Don't buy branded clothes / keep a minimal wardrobe - no new clothes this month
    14.Reuse shopping bags
    15. Check use by dates and get the longest date you can find on things like bread/milk
  • JenRM
    JenRM Forumite Posts: 10 Forumite
    Happy 2018 everyone, sounds like everyone's got off to a great start ! I had a busy day yesterday (running, decorating, a family walk and visiting friends) but still managed a NSD. Also did 17500 steps (not on my list but aiming to average 10k a day) and can feel it today! Set myself up for the penny challenge, decluttered 3 things and even made £10 on a FB sale :) I'm keeping a separate points tally and will update on my total each week. Have a good day all!
  • keggsy
    keggsy Forumite Posts: 40
    Part of the Furniture 10 Posts Combo Breaker
    Hi All,

    Wow everyone is doing so well!

    Yesterday I had a NSD, I checked the accounts and I used up what I had at home for dinner so...3 points!!

    I’ve just popped to the shops as my boys needed some new vests and underwear but I bought these out of some Xmas money they got.

    I took my own bags...1 pt

    I started my spending diary...1pt

    I even parked in a free car park further away from the shops so I didn’t spend on parking....mic drop on the money saving!!

    Trying to make our money work for us and not the other way round!!
  • worklifebalance
    worklifebalance Forumite Posts: 73 Forumite
    Just wanted to check how people are scoring things like NSDs. Do I get a point each day or just one if I reach my target? One of my goals is no new dog toys - do I get a point for each day I don't buy one?

    SPC #459 no 8 2015 £203 2016 £157 2017 £70
    starting mortgage £120,000 June 2012
    OP 2015 £5000, 2016 #57 £28866/ £25000
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