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Sealed Pot Challenge!!
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Good luck with the debt pay-offs, I can sympathise as I've been there and done that to the tune of over £10,000. What I found helped was to have a list of each individual bill on a spreadsheet so I could see that each got paid every month but I also had a running total. The running total was always an odd number, say... £9763.29 and I HATE ODD NUMBERS!! So, I'd push to the limit to round it off to the nearest fiver. In the above case, I would pay an extra £3.29 to the smallest debt and continue this on a weekly or monthly basis, however regular the payments were. It actually gets quite addictive after that and sets you in good steading for saving change.
Now, the only coins I will leave in my purse are 50p and £1, everything smaller goes into my sealed pot and the £2 go into my £2 savers box.
I'm now totally debt free, use credit cards for almost everything, and always pay the balances in full each month. I also won't buy anything unless it has an offer attached and bank whatever the difference is that has been saved. These savings are now going towards my 'buy a house' challenge
How do you keep track off how much savings you have done in your weekly shop? as you said you bank the difference..so say you got something for 1.99 but should cost 3.99 you would bank 2pound..but on a weekly shop how would you keep track? as it doesnt usually show up on till reciept as sometimes if u get something reduced to say 10p but should of been 68p that doesnt show on till reciept.Sealed Pot dec 08 - dec 09 so far £27.67, Live off £4k Spent £330.20 GC £1,200 for 2009 Spent £50.78 PaD so far £650.07Debts: L/woods £154.00 C/One PAID O/D £649.90 Next £299.95 O/D PAID Gas £72.60 Electric £155.73 Mum £640.00 Orange £490.320 -
right who knows where the cheapest place to buy a pack of ballons is? this has to be done :rotfl:0
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postingalwaysposting wrote: »right who knows where the cheapest place to buy a pack of ballons is? this has to be done :rotfl:
I want to work out a way to do it without the use of balloons - I hate emIs it better to aim for the stars and hit a tree or aim for a tree and land in its branches :think:Loves being a Wonderbra friend :kisses3:
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I got a pack of mouse shaped ones pack of 10 for 1.49 from toys r us.. but i could of got pack of 50 normal ones for 1.49 at same store or 20 standard ballons for 1.49Sealed Pot dec 08 - dec 09 so far £27.67, Live off £4k Spent £330.20 GC £1,200 for 2009 Spent £50.78 PaD so far £650.07Debts: L/woods £154.00 C/One PAID O/D £649.90 Next £299.95 O/D PAID Gas £72.60 Electric £155.73 Mum £640.00 Orange £490.320
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postingalwaysposting wrote: »right who knows where the cheapest place to buy a pack of ballons is? this has to be done :rotfl:
Asda was pretty cheap..........I am one of the 63336.'It is better to have lived one day as a tiger than a thousand years as a sheep.'
His Grace Lord Stunty the Coherent of Deep Throcking
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How do you keep track off how much savings you have done in your weekly shop? as you said you bank the difference..so say you got something for 1.99 but should cost 3.99 you would bank 2pound..but on a weekly shop how would you keep track? as it doesnt usually show up on till reciept as sometimes if u get something reduced to say 10p but should of been 68p that doesnt show on till reciept.
I'm going to do this challenge again next year. It's quite simple - just work out your budget and then everything left over each week is saved. But you need to set a very tight budget. I'm going to start a new thread for the challenge so it doesn't interfere with this oneI reserve the right not to spend.
The less I spend, the more I can afford.
Frugal living challenge - living on little in 2025 while frugalling towards retirement.0 -
10 more coins added today. Defo going to make paper mache animals with my children over the weekend..♥♥♥Life is too short to wake up with regrets ♥ So love the people who treat you right. ♥ Forget about the one’s who don’t ♥ Believe everything happens for a reason ♥ If you get a second chance, grab it with both hands ♥ If it changes your life, let it ♥ Nobody said life would be easy, they just promise it would be worth it ♥0
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I'm going to do this challenge again next year. It's quite simple - just work out your budget and then everything left over each week is saved. But you need to set a very tight budget. I'm going to start a new thread for the challenge so it doesn't interfere with this one
have u started anew thread??? i wana join lolSealed Pot dec 08 - dec 09 so far £27.67, Live off £4k Spent £330.20 GC £1,200 for 2009 Spent £50.78 PaD so far £650.07Debts: L/woods £154.00 C/One PAID O/D £649.90 Next £299.95 O/D PAID Gas £72.60 Electric £155.73 Mum £640.00 Orange £490.320
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