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Virtual Sealed Pot Challenge 2019

edited 2 January 2019 at 11:25AM in Debt-free Wannabe Challenges
258 replies 22.7K views
Westie983Westie983 Forumite, Board Guide
4.9K posts
1,000 Posts Fifth Anniversary Photogenic Xmas Saver!
✭✭✭✭
edited 2 January 2019 at 11:25AM in Debt-free Wannabe Challenges
Hi All
Welcome to the Virtual Sealed Pot Challenge 2019

I have ran this thread since 2016 and I have motivated a few people on here over the last three years so I decided to keep going with the challenge.

It has been a very successful challenge for quite a few years, so many thanks to Spam.Jam, Palema, Flat Eric, Keza and Nix143 who have run previous challenges.

Below are links to the previous threads if you wish to have a look.

Virtual Sealed Pot Challenge 2018
Virtual Sealed Pot Challenge 2017
Virtual Sealed Pot Challenge 2016
Virtual Sealed Pot Challenge 2015
Virtual Sealed Pot Challenge 2014 Part 1
Virtual Sealed Pot Challenge 2014 Part 2
Virtual Sealed Pot Challenge 2013
Virtual Sealed Pot Challenge 2012
Virtual Sealed Pot Challenge 2011
Virtual Sealed Pot Challenge 2010
Virtual Sealed Pot Challenge 2009

VSP 2019 will start on 1st January 2019 (Sorry for the delay in getting set up I have been unwell and its been a busy few days) run till 31st December 2019 but some people stop earlier in November as they start to use their pots for Christmas presents or bills, this is okay too.

I will try to update the spreadsheet as often as I can, could you put your challenge numbers in your signature so it is easier to spot any declarations.

Good luck with VSP 2019, looking forward to beating previous years targets.


Spreadsheet of progress:

https://docs.google.com/spreadsheets/d/1rkYUogExPFoiPUCMmw8ccpqs8fazfEZ5CBdERKrr_qQ/edit?usp=sharing

Westie983


If you haven’t already, join the forum to reply!

[purplesignup][/purplesignup]
Save 12k in 2020 #33 Total (£2300) £1250.00/£5000 = 25.00%
Sealed Pot Challenge ~ 13 #97 Total (£505)+£70.00/£500 = 14.00%
Xmas 2020 £1 a Day #8 Total (£386)+£63.60/£365 = 17.42%
Virtual Sealed Pot #1 Total (£600)+£200.00/£500 = 40.00%
£2 Savers Club 2020 #11 Total (£720)+£4.00/£300 = 1.33%
Total £1587.60/£6665 = 25.32%
I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email [email protected]
«13456726

Replies

  • Westie983Westie983 Forumite, Board Guide
    4.9K posts
    1,000 Posts Fifth Anniversary Photogenic Xmas Saver!
    ✭✭✭✭
    Every Friday (Or whatever day is easier for you) the aim is to transfer the pounds and pence to round it down to the next nearest £5 or £10.
    So if you have £36.78 in credit you will transfer £1.78 or £6.78, or £20.04 in credit you would transfer £0.04 only.

    You then can either send me the total transferred for that week on the update form, and I will add each week or wait till the end of the month and submit then with a total, but could I ask you use form as well as adding your figures on here.

    This is so I don't miss any updates as some challenges move quickly in posts and pages and would hate to miss any amounts.

    **Some banks do not allow you to transfer less than £1, if this is the case what I tend to do is note what the money I have left that week then add it in the following weeks transfer.

    For me: The 'Virtual Sealed Pot' is a savings account that is attached to my bank account which makes it easier for transfers (I transfer on payday each month) but due to the faster payment system it doesn't have to be with your bank as all funds transfer instantly or within 2 hours, being a virtual pot i find I'm less likely to take any money out as I do the transfer and forget about it till the next month.

    Anyone wishing to join, please just ask, you're most welcome and it's NEVER too late.

    If you have been part of any challenges previous years and wish to keep your number or you have a lucky number you want that is fine if it's free otherwise I will assign numbers from the beginning to keep things tidy

    Good luck and roll on 2019.
    Save 12k in 2020 #33 Total (£2300) £1250.00/£5000 = 25.00%
    Sealed Pot Challenge ~ 13 #97 Total (£505)+£70.00/£500 = 14.00%
    Xmas 2020 £1 a Day #8 Total (£386)+£63.60/£365 = 17.42%
    Virtual Sealed Pot #1 Total (£600)+£200.00/£500 = 40.00%
    £2 Savers Club 2020 #11 Total (£720)+£4.00/£300 = 1.33%
    Total £1587.60/£6665 = 25.32%
    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email [email protected]
  • edited 13 May 2019 at 2:43PM
    Westie983Westie983 Forumite, Board Guide
    4.9K posts
    1,000 Posts Fifth Anniversary Photogenic Xmas Saver!
    ✭✭✭✭
    edited 13 May 2019 at 2:43PM
    #1 - Westie983 (£1000)
    #2 - Klbooth (£500)
    #3 - Seaotter (£250)
    #4 - ChloeWhite
    #5 - Lightbulb0811
    #6 - lozzy81 (£200)
    #7 - RhiBi (£500)
    #8 - Example79 (£250)
    #9 - Littletinks (£200)
    #10 - Swimminginaseaofdebt (£100)
    #11 - Raggle1 (£100)
    #12 - Pinkfluffybabe (£150)
    #13 - Ruby_eskimo
    #14 - Hummingbird (£1000)
    #15 - Apricity
    #16 - twigletsmum (£350)
    #17 - A Random Man (£125)
    #18 - Xavie (£50)
    #19 -
    #20 -
    #21 -
    #22 -
    #23 -
    #24 -
    #25 -
    #26 -
    #27 -
    #28 -
    #29 -
    #30 -
    #31 -
    #32 -
    #33 -
    #34 -
    Save 12k in 2020 #33 Total (£2300) £1250.00/£5000 = 25.00%
    Sealed Pot Challenge ~ 13 #97 Total (£505)+£70.00/£500 = 14.00%
    Xmas 2020 £1 a Day #8 Total (£386)+£63.60/£365 = 17.42%
    Virtual Sealed Pot #1 Total (£600)+£200.00/£500 = 40.00%
    £2 Savers Club 2020 #11 Total (£720)+£4.00/£300 = 1.33%
    Total £1587.60/£6665 = 25.32%
    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email [email protected]
  • I wondered if there would be another thread for 2019. Please count me in - I have already transferred a small amount. As my cc is 0%, I’ll be using my money to pay off some of the balance at the end of the year.

    ETA - I haven’t taken part in this challenge before.
    Pay all your debts off by Xmas 2019 #37 £119.95 / £2500 4.79% paid
    £2 saver #24 - £4 saved
    365 penny challenge 2019 #16 - £26.05 / £667.95 (3.9%)
    Virtual Sealed Pot Challenge #8 £55.80 / £250 (22.3%)
  • edited 2 January 2019 at 2:36AM
    Westie983Westie983 Forumite, Board Guide
    4.9K posts
    1,000 Posts Fifth Anniversary Photogenic Xmas Saver!
    ✭✭✭✭
    edited 2 January 2019 at 2:36AM
    Example79 wrote: »
    I wondered if there would be another thread for 2019. Please count me in - I have already transferred a small amount. As my cc is 0%, I’ll be using my money to pay off some of the balance at the end of the year.

    ETA - I haven’t taken part in this challenge before.

    Hi Example79

    Welcome to VSP 2019.

    As this is your first year doing this challenge, have read of the first and second post, which explains how the challenge works. It works quite well and lots of people like it as it can be small numbers being transferred weekly or monthly, and no obligation to make any minimum or maximum amount.

    Hopefully the update links work, you should be able to access the update form, which is how you tell me what you have saved and its from this update form I update the spreadsheet (which is the second link, which is view only) I dont update the spreadsheet from here, so any declarations need to be sent via the form.

    I dont mind if you send me a form at the end of each month, every time you make a transfer, once a week, its totally up to you, I will endeavour to update the spreadsheet as soon as I can and this way you can see how well you are doing against your target and how your savings add to not only the monthly total but at the end of the year you will be able to see the total saved by everyone over the year which can be quite impressive.

    Don't forget its your own target, your own challenge and you have your own reason for joining, whatever that reason or however small the target is, its your challenge to smash just make sure you try to keep the money in the account till you need to make a transfer out.

    Good luck with the challenge and welcome, I will give you #8 if that's okay, just in case some of the regular MSE'rs want their number from last year.

    Please add this to your signature as it makes it easier when it comes to updating and keeping an eye on the thread as you can imagine sometimes it moves quite fast and I dont want to miss any updates.

    Any questions let me know, or one of the regulars can help if Im not online, I do check my thread regularly when I have access to my laptop to update the spread sheet and my phone to read the posts from you all.

    Welcome again to the challenge and good luck.

    Westie983
    Save 12k in 2020 #33 Total (£2300) £1250.00/£5000 = 25.00%
    Sealed Pot Challenge ~ 13 #97 Total (£505)+£70.00/£500 = 14.00%
    Xmas 2020 £1 a Day #8 Total (£386)+£63.60/£365 = 17.42%
    Virtual Sealed Pot #1 Total (£600)+£200.00/£500 = 40.00%
    £2 Savers Club 2020 #11 Total (£720)+£4.00/£300 = 1.33%
    Total £1587.60/£6665 = 25.32%
    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email [email protected]
  • LittletinksLittletinks Forumite
    124 posts
    100 Posts First Anniversary
    Hey Westie983,

    I'm hoping I can join your great challange, reading your post which I stumbled on accidently last night encouraged me to sign up to MSE straight away in the hope you might be running a new challange for this year.

    My aims this year are to reduce my overall debt ( nearly £9k ��), clear my store card (£531) and save a bit more on top of my regular £50pm ISA. I'm hoping I will save at least £200 by December by participating in your challange.

    Many thanks
    Virtual Sealed Pot Challenge 2020
    #5 £70.00/£300
    #10 £200/£1800
  • edited 2 January 2019 at 11:09AM
    Westie983Westie983 Forumite, Board Guide
    4.9K posts
    1,000 Posts Fifth Anniversary Photogenic Xmas Saver!
    ✭✭✭✭
    edited 2 January 2019 at 11:09AM
    Hey Westie983,

    I'm hoping I can join your great challange, reading your post which I stumbled on accidently last night encouraged me to sign up to MSE straight away in the hope you might be running a new challange for this year.

    My aims this year are to reduce my overall debt ( nearly £9k ��), clear my store card (£531) and save a bit more on top of my regular £50pm ISA. I'm hoping I will save at least £200 by December by participating in your challange.

    Many thanks

    Hi and welcome the MSE and to the VSP 2019 challenge.

    Your number is #9. Please add this to your signature, if you need help to how to set one up let me know. Have a read if you haven't already on how the challenge works and familiarise yourself with the update links. What would you like your target to be?

    Westie983
    Save 12k in 2020 #33 Total (£2300) £1250.00/£5000 = 25.00%
    Sealed Pot Challenge ~ 13 #97 Total (£505)+£70.00/£500 = 14.00%
    Xmas 2020 £1 a Day #8 Total (£386)+£63.60/£365 = 17.42%
    Virtual Sealed Pot #1 Total (£600)+£200.00/£500 = 40.00%
    £2 Savers Club 2020 #11 Total (£720)+£4.00/£300 = 1.33%
    Total £1587.60/£6665 = 25.32%
    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email [email protected]
  • Hi Westie! Thanks for setting up the new thread; I've been here before but kind of fell off the wagon last year so this year I'm determined to make a come back with the saving. Can I request number 13 if it's still available?
    Emergency Fund - £0 / £5,000 :: Decluttering - 12 / 1095
    :: VSP #13 - £18.49:: NSD 2019 - 17 / 200 Weight Loss: 43 / 58lbs January GC - £76.35/ £200
    Engaged 9th December 2010 :love: Married 29th October 2015 :www: Bought a House 13th January 2017
  • swimminginaseaofdebtswimminginaseaofdebt Forumite
    892 posts
    500 Posts Third Anniversary
    ✭✭✭
    Morning,

    Can you add me to the challenge please? I will aim for £100 but may increase this depending on how I get on.

    Happy to have any number from the list :)
    VSPC 2019 #10 - £168.80/£100
    VSPC 2020 #4 - £0/£200
  • lozzy81lozzy81 Forumite
    248 posts
    Seventh Anniversary 100 Posts
    ✭✭
    Hi Westie

    Its a been a couple of years since I last joined in, would like to get back on board this year and get some savings back under my belt!

    Not sure about a target.... will aim for £200
    Virtual sealed pot 2019 member #6 :j
    £0.00/£200 :)
  • LittletinksLittletinks Forumite
    124 posts
    100 Posts First Anniversary
    Thanks Westie
    Hopefully I've done it right and my signature is now set up. I wld like to aim for £200 pls :j
    Virtual Sealed Pot Challenge 2020
    #5 £70.00/£300
    #10 £200/£1800
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