2008 - Live on £4000 for a full year.

Frugaldom

rachyp wrote: »

I'm gonna have a go at this challenge, but only month by month I think!! I want to make a serious dint in my debts this year and 4k for the year will give me a few grand to pay them! Great!

Hi Rachyp, I'll add you in for £4000 and then you can see how far through the year it gets you, would that be better? If it looks totally impossible (at the rate food's increasing there may be a few of us into negative figures before 31/12/08:rotfl:) then you can always update your target figure. It's just a bit of fun budgetting with no hard and fast rules

Frugaldom

KiKi wrote: »

Oooh - what a challenge! I'd love to join in at £5000, please!

My budget per month:
TV / Phone line - 15
Internet - 12.5
Mobile - 25
Gym - 39
Elec - 16
Gas - 16
Charities - 20
Food / household - 140 (often come in under this so will try and make savings here)


Other stuff in my Excel budget for 08:
Cats' injections - 100
Birthdays x 13 - 20 each
Contact lens stuff x 3 - 12 each
Haircut x 4 - 18 each
Hair stuff x 4 - 28 each
Clothes shop x 3 - 100 each
Clarins stock up - 80
Contents insurance x 1 - 100
TV licence x 1 - 140
Christmas - 350


Which makes £5092 a year (food is 13 times a year and bills are 12...as I'm paid 13 times a year so that's how I budget it!).

All saved money will go to paying off the mortgage.


Can I be REALLY annoying and ask to be number 24 after someone else has joined?? I have a thing about odd numbers, and I couldn't BEAR to be number 23. I have some OCD issues, I know....! Thanks for humouring me...

And thank you for the challenge!

Toto!!!!!!!!! LOOK!! There are 3 of us with this illness on here now :rotfl:

Welcome to the wacky world of frugalers, Kiki :T

Frugaldom

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 - £5300
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
021. Azjh77 - £4650
022. Nicola1982 - £4000
023. Rachyp - £4000
024. Kiki - £5000
025. Mcsaver - £3000 :eek:

GOOD LUCK ALL!

KiKi

LOL! I also can't be in a room with circles as I only like shapes that tesselate, but that's a whole other story.

(And maybe, come to think of it, explains why I prefer paper money to coins - yet love 20p pieces?! *falls over laughing* - I'd never thought of that til now!)

Thanks for the add.

McSaver

I will try £3,000

jm28cardiff

nykmedia wrote: »

I'm curious about your suggestion that some people are forgetting tax. Tax is deducted at source on earned income and bills are inclusive of tax. What tax has been forgotten?

Just some people seemed to be saying they had salaries of x, had outgoing of y, leaving them z to live on, but they seemed to be talking about their gross income.

whitewing

McSaver wrote: »

I will try £3,000

Blimey! How are you going to manage that? (Welcome, by the way)

whitewing

jm28cardiff wrote: »

Just some people seemed to be saying they had salaries of x, had outgoing of y, leaving them z to live on, but they seemed to be talking about their gross income.

No, I only think about what actually goes into my acct. I never think about the tax etc that has gone out before.. (and anyway I'm always vague if you ask me what my salary is!)

Frugaldom

jm28cardiff wrote: »

Just some people seemed to be saying they had salaries of x, had outgoing of y, leaving them z to live on, but they seemed to be talking about their gross income.

I discount the tax as well, only budget with what actually goes into the account as mine. Mind you, mine's nothing compared to some of the posters on MSE :eek:

Frugaldom

McSaver wrote: »

I will try £3,000

3k?? Are you SURE?? I guess it could be possible if you're living at home with family, grew up in the north and have a Lidl or Aldi store within walking distance. We're getting an Aldi store built near us and I can't wait! :j I've even signed up for their online newsletter already!! :rotfl:

Welcome to the challenge and good luck. I'll add your details and expect absolute honesty when it comes to your daily spend diary LOL