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Different challenges

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Just looking for ideas from those of you who are members of different challenges and what you do with the money from each challenge - i.e. do you use one challenger to save for meals out, one to maybe for a holiday, one which you just bank?

For instance if you are a member of the £2 savers club, 50p savers, 20p savers and 5p savers - do save and use each for a different purpose? Also coppers, do people bank these or?

Thanks guys, just looking for some ideas

Comments

  • Karonher
    Karonher Posts: 957 Forumite
    Part of the Furniture 500 Posts
    I don't do these as part of a challenge on here, but save £2, 50ps and 20ps. Once I bank them they go into a holiday pot. 1ps 2ps and 5ps go away for Christmas. I also go through 4 x 12 weekly cycles of putting away £12, then £11 then £10 down to £1 and starting again and that goes into an online savings account for Christmas. I also round down my main account to the nearest £5 and that goes into the holiday account.

    When I have a holiday booked I encourage myself to do surveys and mystery shops I would not normally do on the basis that "this £7 mystery shop is a lunch out" "this 75p survey covers a bottle of water while I am away" Nothing life changing but it helps and keeps things off the credit card.
    Aiming to make £7,500 online in 2022
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