Made my first pot of the year at £2. Funny how hearing that hollow coins in the tin sound makes me excited - I really need to get out more 😂. I'm looking forward to when it doesn't have that tin sound and it's just coins landing on coins. Roll on the savings...
Debt Free Diary:- The Mental Debt Struggle... https://forums.moneysavingexpert.com/discussion/6364598/the-mental-debt-struggle/p1?new=1Debt Tracking Restart Take 3 from 01/05/2023 = £22,537.30 (8 creditors) So, on 05/06/2023 = £9,694.71/£22,573.30 (4 creditors) = 42.95% repaid Aiming to be Debt Free = 31/12/2025THE BURDEN RESTART TRACKER:-Bank of Mum 3 - school fees (£1,950/£4,800) 40.63% repaid || Barclaycard (£2,946.23/£12,096.23) 24.36% repaid || Creation (£851.99/£1,070) 79.63% repaid || Sky Mobile (£345.45/£1,006.03) 34.34% repaid
🎉 TUI (£2,276.04/£2,276.04) 100% repaid || Bank of Mum 1 - car (£150/£150) 100% repaid || Bank of Mum 2 - family holiday (£300/£300) 100% repaid || MBNA (£875/£875) 100% repaid 🎉
(Original Debt on 15/07/2016 was £33,056.76) 🙈
2023 SAVINGS:-Emergency Fund (£290.40/£1,000) 29.04% saved || Build a Buffer (£46.62/£500) 9.32% saved || Freely Debt Saving (£172.11/£2,000) 8.61% saved2023 CHALLENGES:- #42 Debt Free Before Xmas 23 (£2,994.29/£6,000) 49.90% repaid || #79 SPC 16 ~ £500 target
A very warm welcome to you, basketcase (048) it's
lovely to have you with us.Have great fun saving !!. You'll find your No above in your welcome and on the 2nd Postof Page 1, and please read through the 1st post as it'll
let you know exactly how to save with the challenge. We always
empty our pots and declare what's in them in October, please
make a note of this year's date: 26th October 2022.
Please pop your SPC No on your signature as it's a great
help. To do so please go to your profile Photo, top right,
click, then go to Signature Settings, lower and on the left, be
sure to SAVE before fleeing!
Enjoy saving!
Enjoy your Sunday Folks!!! Those Covid Nos are definitely going DOWN - whoopee!!!
For
all those who are poorly or feeling low in any way, do take great care
and get well soon. Love and best wishes from us all.
It sounds like you've got your saving well planned, good
for you. All the best and don't forget to come to the thread to
motivate others and for us to motivate you if it's necessary.
No need to be signed up, James, I transfer you and your numbers across from the old thread to the new one each year so no need to be signed up.
You save in whichever way is best for you, just don't forget to come to the thread!
Sorry to hear you've got a rotten head due to the Covid vaccination, I hope it soon goes. Take care xx
Talking about a punch in the arm, Ant,
T & I had the pain from the flu jab for 3 days after the Flu jab!!
😳 We've never had any headaches after the jabs before, hope we don't
next month either as T suffers from migraine although they've gone since
he's had to take blood pressure pills! 😍
Hi Lucy,
you haven't forgotten to declare your Total from SPC 15 have you?? I
don't recall seeing you over there! 🤔 Good luck with this year's
potting.
A good start made, Hetty! Keep it up when you're able.
Have a wonderful Sunday, folks!!!
Sue
NB folks: Declaration date for SPC 16is26th October 2023!
Anyone wishing to join us, it's NEVER too late! So please just ask and you will be made very welcome.
Thanks for the warm welcome. I counted my 'forgot all about them' piggy banks last night and there was a smidgen over £8, so I'm starting with that. I put them away because there was very little use for cash during lockdown etc then forgot about them. So the contents aren't this year's, but I'm using them as 'seed money' (if that's allowed?)
My pot's a white plastic bucket repurposed from its former use as a container for 1kg of bi-carb. It's recycled - so not new plastic - which has got to be better than putting it in the bin and it was easy to cut the slot in the lid. It might not be big enough, but we'll see! £3 in pennies take up an awful lot of space!
It looks like I'll have to have physical and electronic pots. I've got a couple of Save the Change bank accounts, so I'll use 1 of them to, well, save the change on debit card payments, and also to transfer any amounts saved on multiple buys especially when delivered/paid by card.
There are some excellent ideas on here for adding to the cash: surveys, once-off payments and (of course) road kill. I think I'll need to use my previous piggy banks as kind of holding cells in case I need change for parking meters etc then dump the whole lot in the bucket, maybe once a week.
If I do that, do I need to count it first? It seemed to me that some people didn't, but those with a specific target were more likely to. I'm not expecting to pot huge amounts, but I'd like it to be a surprise - the cash bit at least.
A budget is like a speed sign - a LIMIT not a TARGET!! SPC 16 No 048
#20 here again. First £2 coin went in the tin yesterday. I needed one in order to make up the bag to bank the ones from last year's challenge (although when I'll get round to it, who knows?!) and my mum owed me for a couple of bits of shopping so she gave me 2. One went in the bag and the other went in the pot. It's almost pointless saving the coins now, but it's so ingrained, I just can't bring myself to spend them and still only part with them in emergencies!!
I don't spend my £2 coins unless it's an emergency either @MrsShazbat. I've paid for plenty of holidays that way. I try not to break 50ps either. I have two tins this year, one for 50p, £1 and £2 and one for 1p, 2p, 5p, 10p and 20p. The higher valued coins will go towards a holiday and the lower valued coins will go towards debt. I'm going to start the penny challenge as well and set that money aside in a locked pot within my Monzo account. Not sure how far I'll get with it, but I know it'll be worth it.
I've potted a further £4.15 yesterday but forgot to declare.
Debt Free Diary:- The Mental Debt Struggle... https://forums.moneysavingexpert.com/discussion/6364598/the-mental-debt-struggle/p1?new=1Debt Tracking Restart Take 3 from 01/05/2023 = £22,537.30 (8 creditors) So, on 05/06/2023 = £9,694.71/£22,573.30 (4 creditors) = 42.95% repaid Aiming to be Debt Free = 31/12/2025THE BURDEN RESTART TRACKER:-Bank of Mum 3 - school fees (£1,950/£4,800) 40.63% repaid || Barclaycard (£2,946.23/£12,096.23) 24.36% repaid || Creation (£851.99/£1,070) 79.63% repaid || Sky Mobile (£345.45/£1,006.03) 34.34% repaid
🎉 TUI (£2,276.04/£2,276.04) 100% repaid || Bank of Mum 1 - car (£150/£150) 100% repaid || Bank of Mum 2 - family holiday (£300/£300) 100% repaid || MBNA (£875/£875) 100% repaid 🎉
(Original Debt on 15/07/2016 was £33,056.76) 🙈
2023 SAVINGS:-Emergency Fund (£290.40/£1,000) 29.04% saved || Build a Buffer (£46.62/£500) 9.32% saved || Freely Debt Saving (£172.11/£2,000) 8.61% saved2023 CHALLENGES:- #42 Debt Free Before Xmas 23 (£2,994.29/£6,000) 49.90% repaid || #79 SPC 16 ~ £500 target
Replies
Debt Tracking Restart Take 3 from 01/05/2023 = £22,537.30 (8 creditors) So, on 05/06/2023 = £9,694.71/£22,573.30 (4 creditors) = 42.95% repaid Aiming to be Debt Free = 31/12/2025
THE BURDEN RESTART TRACKER:- Bank of Mum 3 - school fees (£1,950/£4,800) 40.63% repaid || Barclaycard (£2,946.23/£12,096.23) 24.36% repaid || Creation (£851.99/£1,070) 79.63% repaid || Sky Mobile (£345.45/£1,006.03) 34.34% repaid
🎉 TUI (£2,276.04/£2,276.04) 100% repaid || Bank of Mum 1 - car (£150/£150) 100% repaid || Bank of Mum 2 - family holiday (£300/£300) 100% repaid || MBNA (£875/£875) 100% repaid 🎉
(Original Debt on 15/07/2016 was £33,056.76) 🙈
2023 SAVINGS:- Emergency Fund (£290.40/£1,000) 29.04% saved || Build a Buffer (£46.62/£500) 9.32% saved || Freely Debt Saving (£172.11/£2,000) 8.61% saved 2023 CHALLENGES:- #42 Debt Free Before Xmas 23 (£2,994.29/£6,000) 49.90% repaid || #79 SPC 16 ~ £500 target
LMD x
im back again, could I have no. 13 again please and I’d like to set a £100 target this time
thanks
CD
Thnak you for the new thread @Sue-UU Lets get going for another year
32b3
SPC10 #125 - £851.81
SPC 11 #7 - £968.46
SPC 12 #7 - £2682.90
SPC 13 #7 - £4829.85
SPC 14 #7 - £4173.30
I've potted a further £4.15 yesterday but forgot to declare.
Debt Tracking Restart Take 3 from 01/05/2023 = £22,537.30 (8 creditors) So, on 05/06/2023 = £9,694.71/£22,573.30 (4 creditors) = 42.95% repaid Aiming to be Debt Free = 31/12/2025
THE BURDEN RESTART TRACKER:- Bank of Mum 3 - school fees (£1,950/£4,800) 40.63% repaid || Barclaycard (£2,946.23/£12,096.23) 24.36% repaid || Creation (£851.99/£1,070) 79.63% repaid || Sky Mobile (£345.45/£1,006.03) 34.34% repaid
🎉 TUI (£2,276.04/£2,276.04) 100% repaid || Bank of Mum 1 - car (£150/£150) 100% repaid || Bank of Mum 2 - family holiday (£300/£300) 100% repaid || MBNA (£875/£875) 100% repaid 🎉
(Original Debt on 15/07/2016 was £33,056.76) 🙈
2023 SAVINGS:- Emergency Fund (£290.40/£1,000) 29.04% saved || Build a Buffer (£46.62/£500) 9.32% saved || Freely Debt Saving (£172.11/£2,000) 8.61% saved 2023 CHALLENGES:- #42 Debt Free Before Xmas 23 (£2,994.29/£6,000) 49.90% repaid || #79 SPC 16 ~ £500 target
July 2022 Grocery Challenge: Wk 1 £41.14/£46 (savings £4.86) Wk 2 £47.28/£46 (+£1.28)