The 365 day penny challenge 2019

girlatplay

claremylove wrote: »

Its a good feeling to have some money put aside isn't it girlatplay.

I used to be rubbish at saving and have improved over the last few years by completing (or trying to complete) the challenges. Thanks to all of those who set the challenges up to keep us all focused :j

This last year, I've been stricter with myself and my level of outgoings has reduced to finally leave me with some wriggle room. I still panic a bit when I know payments are going out but at least I'm not losing too much sleep over it these days.

2020 will see at least 2 credit cards reduced to zero (first time in more years than I care to remember) - so looking forward to that. That will only leave 2, so will snowball them and hopefully get those done and dusted by the end of 2021.

It is a good feeling

I work part time now after some health issues so money is much tighter than it has been. I've been "finding" extra cash by doing surveys, my take on Tilly Tidies, cutting back the grocery budget and just being careful and focussed.

Sounds like you are very on track for your dfd!

claremylove

girlatplay wrote: »

It is a good feeling

Sounds like you are very on track for your dfd!

Well I still have to work at it. It’s so easy to come off plan and that’s when things go wrong. With the changes due on overdraft charges coming soon, I think I will need to finally clear my two ODs first. They are nearly in the black - it’s just staying there.

sleepy-saver

I’ve not been good with this challenge at all :-( did manage to save a couple of hundred but the car needed fixing. I’m not going to do this challenge next year but it has spurred me on to set myself my own challenge. I’m spending the first 5 months of saving a % of my wages before deductions eg month 1 = 1% month 2 = 2% etc then on month 6 it’s 5% month 7 4% etc. Omitted November and December wage as this is when I tend to see to Xmas and have a couple of extra expenses like Xmas nights out. Congratulations to all who managed the challenge and good luck to all those doing it next year :-)

Blackberrycurved

This has been a fabulous challenge I haven’t posted enough but if it runs next year I will because the mutual motivation is a big plus. I have £324 not massive but £324 more than I had last year so tree presents and food sorted. Please if this runs next year can I have the same number I hope it does.

claremylove

Well done on your savings Blackberrycurved. Every penny helps at such an expensive time of year.

I also hope this challenge runs next year. I’m running it backwards (strictly this time) and already have £108.81 in my pot. It’s been hard to do without it especially with Christmas being upon us, but don’t want to play catch up all like I did last year. If I’m honest, my savings from last year’s challenge easily paid for Christmas this year and allowed for a few treats - all without increasing credit card debt :T