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2008 - Live on £4000 for a full year.
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Ah nyk...your a sneaky one...!
Can't really start till Feb cause we are in Oz at the moment...but I do like the idea.
I too have subscribed to the thread and perhaps by Feb I'll have gathered the courage to give it a go!0 -
I cannot believe the response to this absolutely crazy challenge, it's brilliant! :j It hasn't even been 24 hours and there are already 20 of us!! :beer:
Here's the latest update:
CHALLENGER LIST
001. Nykmedia - £4000
002. Mumzyof2 - £4000
003. Notanothergreyhair - £4000
004. Mini_huny_money - £4000
005. Penny2myname - £4000
006. Hypno06 - £4000
007. Impomdasp - £5000
008. Whitewing - £4000
009. LoadedIWish - £4000
010. Tigerseye - £4000
011. Oliveoyl - £4000
012. Funbrum - £4000
013. Tryingtodobetter - £5000
014. 87p - £4000
015. Cranky40 - £5000
016. Bluesteel705 - £4000
017. Chewits - £4000
018. Prudent - £6000
019. Shell37 - £4000
020. Juliejay - £5000
You do realise that the above means we are attempting to keep 20 families for a full year on £86,000 and include presents for all of them at birthdays and Christmas (or other religious celebration)We'll have the Chancellor on site next, asking for tips :rotfl: :rotfl: :rotfl:
PS: Hi Shell, hi Julie, welcome to another wacky challenge forum. Don't you just love it here on MSE?I 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 -
You do realise that the above means we are attempting to keep 20 families for a full year on £86,000 and include presents for all of them at birthdays and Christmas (or other religious celebration)We'll have the Chancellor on site next, asking for tips :rotfl: :rotfl: :rotfl:
Well - that's why I'm entering most of the competitions on the competitions thread!
(I must admit Dithering Dad's post worried me. Can't say I did much number-crunching before I put my name down).
nykmedia - pls can you give us some tips to get us started.:heartsmil When you find people who not only tolerate your quirks but celebrate them with glad cries of "Me too!" be sure to cherish them. Because these weirdos are your true family.0 -
Ah nyk...your a sneaky one...!
Can't really start till Feb cause we are in Oz at the moment...but I do like the idea.
I too have subscribed to the thread and perhaps by Feb I'll have gathered the courage to give it a go!
That'll do nicely... a new member joining in February with a budget of £5000 for 10 months so they can pay an extra 2k off their mortgage :beer: :T :j :rotfl:I 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 -
(I must admit Dithering Dad's post worried me. Can't say I did much number-crunching before I put my name down).
nykmedia - pls can you give us some tips to get us started.
Tip number 1... FILL YOUR FREEZERS!!!!!!! :rotfl: :rotfl:
Tip number 2... save all empty, sealable containers
Tip number 3... Err.... hope you get loads of toiletries and basic items for Christmas??I 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 -
Tip number 1... FILL YOUR FREEZERS!!!!!!! :rotfl: :rotfl:
Woah! As self-appointed official adjudicator of this challenge, I can't see how 'filling your freezers isn't cheating!! This can't be allowed, surely!!
What next, spend 5k on clothes, shoes, toiletries, etc in a manic shopping trip on New year's Eve?
I don't think I can allow this...Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730 -
I suspect it was a joke0
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Right I should be marking Mock exams and doing work stuff but once again MSE has distracted me - I am even ignoring CSI for heaven's sake...
this challenge has me fascinated. I am in a VERY lucky situation, I live at home (despite my advanced age) basically cos I like it. I pay Mum rent which covers my food, except lunch which I try and buy if Mum doesn't get there first!
so I should be able to manage this, in fact with some intial workings out it would really help with my pay off 10,000 pounds challenge too.
I will be back with a plan.
Buffy
xxxNevertheless she persisted.0 -
Dithering_Dad wrote: »Woah! As self-appointed official adjudicator of this challenge, I can't see how 'filling your freezers isn't cheating!! This can't be allowed, surely!!
What next, spend 5k on clothes, shoes, toiletries, etc in a manic shopping trip on New year's Eve?
I don't think I can allow this...
Yes, but mine will be filled with Christmas surplus and turkey stock for soups and sauces because I'm already doing this challengeHowsat?
I 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 -
Well, DD, you made me laugh then.. I'm clarifying my thinking on this. I did already ask for hampers for Xmas from anyone who gave me a choice so hopefully January's food bill will be low.
Clotheswise, it'll only be the little fella as he's growing rapidly. OH and I should be able to manage on what we've got/bday and Xmas presents.
Our challenge is very much, can we do it for a year? rather than on an ongoing basis.
So we won't be stocking up per se, but will be using everything we've already got in place.:heartsmil When you find people who not only tolerate your quirks but celebrate them with glad cries of "Me too!" be sure to cherish them. Because these weirdos are your true family.0
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