2008 - Live on £4000 for a full year.

Doom_and_Gloom

To be honest I live on around £2,700 a year including rent, other bills, feeding myself and my mice. All my living costs come out of it and at most I probably get £3,000 a year. I do live with 4 other people though so that is probably how I can do this as we pay rent and bills equally (rent it self for me a year is £1,560 :eek: ). So that means if on the £2,700 - £1,560 = £1,140 for CT, bills and everything else I need including food. So in esence I live off of less than £1,000 when CT is taken off :eek: . £4,000 is starting to look good to me, if I had that much I'd be doing this :rotfl: . I am a VERY low maitenance girl as my BF says (and he lives on around £5,000 a year so doesn't have alot of money either after rent, CT, bills, motorbike stuff etc).

I'll go for £3,000 to cover everything if I'm allowed (I don't have a debt of any kind exept I do owe my parents £110 which I plan on giving them back very soon and £200 to my adult account which I should not have used but needed to. Hrm I do owe my parents around £24k for the private college they sent me to for two years but I'm the only one that plans on giving that back as my parents don't seem to care but I know they will need it in time so :eek: ). It may go up due to inflation etc but I don't know about that as it stands. Hoping fo £3,000 if you'll have me .

Frugaldom

nykmedia wrote: »

Can you live on £4000 a year? :eek:
Throughout 2007 there were several of us accepted this challenge for various reasons. With only a week or two to go, I can say that it IS possible and I WILL succeed. I'm setting myself the exact same challenge for 2008 and have heard from a few people that would like to know how it's done.

Edited in - For those participating in the original challenge, £4000 is for EVERYTHING except rent/mortgage, council tax/water rates. Hopefully, this should avoid confusion.

If anyone is interested, then let me know here and we'll get this challenge going from 1st January 2008. The target figure is for essentials and regular household bills. It does NOT include rent, mortgage payments, council tax or water rates. It does not include repaying debts, essential work related expenses or 'luxury' items such as holidays - that's what everything over the target figure is for. That and, of course, savings.

Set your targets, I can list them here, then from 01/01/08 you deduct your essential spending throughout the year, not forgetting that the amount includes gifts for friends and family for birthdays, Christmas etc.

The Live on £4,000 a year Challenge starts here - have you got what it takes to succeed? The figure was calculated against minimum wage earnings, feel free to join using your own target figure. If you have a family, then you should be in receipt of Family Allowance/Child Benefit, which is over and above the 4k.

CHALLENGER LIST

001. Nykmedia - £4000
002. Whitetigeress333 - £3920
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 - £5300
025. McSaver - £3000 (WOW! BRAVE OR WHAT?)
026. Pollydaydream - £4000
027. Maverickangel - £4000
028. Loadedlaura - £4000
029. Kayharcombe - £4000
030. Buffythedebtslayer - £4560
031. Flowerofthewest - £4000
032. Mollymop5 - £4000
033. DdraigGoch - £4000
034. Shazrobo - £5000
035. 1274 - £4000
036. Always_amazed - £4000
037. Protogenia - £4500
038. Georgiasmum - £5200
039. Chaddee - £4000
040. Chriz1000 - £4000
041. Bigbullyweedave - £6000
042. Affordmylife - £5000
043. Liuhut - £6000
044. Cumbrianmum - £4000
045. Che75 - £4000
046. Sweetpea03 - £4900
047. Scorpio04 - £4000
048. Broke mum of three - £4000
049. Artnoble - £4000
050. Barole - £4000
051. Ephemera - £4000
052. Liloandstitch - £4000
053. LyndaSharp - £3500
054. Sassamac - £5200
055. Sue09 - £6000
056. Don't want to be in debt - £6760
057. Princess Leia - £6200
058. Saverram - £4000
059. Sashacat - £4000
060. Whiskylizzie - £4000
061. Slackster - £4000
062. Jamiedodger - £4000
063. Whitevanwoman - £4000
064. Skintwellie - £5000
065. Fairywings - £5000
066. Sos999 - £4000
067. JacksXXX - 10000
068. Keren29 - £3800
069. OldMcDonald - £5000
070. Mah_Jong - £3500
071. Hardup Hester - £4000
072. Miss_Pink - £4000
073. Grunnie - £4000
074. Rafiki - £4000
075. Catzine - £5000
076. Andromache - £2750 (student)
077. Doom_and_Gloom - £3000

OK, save all the new people trying to find the basics... this is the most up to date copy of post 1 as at... umm.... 1.40am on the 30th December 2007... less than 46.5 hours to go and counting :T

The red typing relates to the original challenge, which you won't find on MSE, so don't worry about it. I will be following the red one for the second time around

mini_huny_money

nykmedia wrote: »

I'm having problems keeping up with the posts :rotfl:
I'll be right back with an update on your number and set your target at £3920 to reflect the extra day in 2008

Really sorry about that and I'm really sorry to see Mumzy leave! Oh, Mumzy... I'll visit you often in the sealed pot challenge, smoking quitters and grocery challenge and feel free to pop in here anytime

Well, that has changed things a little, so, would you mind slipping in at number 2 so we don't have a gap? Thank you in advance and I've already updated post one to reflect the changes

002. Whitetigeress333 - £3920

Hya Nyk everything will settle down soon.......its when the thread goes quiet ....when everyones finding it really difficult thats when we'll all need everyone'ssupport

FunBrum

taplady wrote: »

Thats not ususual my 17 year old is size 12 and my 15 year old is size 11:eek: I get their shies from soccer sports/sportsworld too!

You're right taplady....my nephew is a size 13:eek:
Kids today have larger feet don't you think? but then what should I expect....his father is a size 12 and I'm a dainty 7.....ahmmm!:rotfl:

God bless Soccor Sports and Sports World, thats what I say!!:beer:

FunBrum

Rafiki wrote: »

Ha!

I just number-crunched it :eek:

:rotfl:

Well, I've never been shy of a challenge ...

Bring it on!

Good for you, and welcome!:T

You've done well so far and should be proud of yourself!:j

Jacks_xxx

taplady wrote: »

Thats not ususual my 17 year old is size 12 and my 15 year old is size 11:eek: I get their shies from soccer sports/sportsworld too!

Ooh I know honey.

It wasn't so much his being a size 12 now I was :eek: about, but thinking about how many more "growing years" he has left and what size he might end up at.

My daughters feet aren't so much big as wide but I do worry what size she'll end up at cos although I'm a size 5-6 her granny sometimes finds size 9 a bit tight so I'm worried she'll take after her side of the family in shoe size

Girls shoes can be really tough to find above a size 9 (although if she gets bigger than a 9 somebody did recommend that we try shops catering for transvestites and drag queens as they do girly shoes up to about a size 13 - but I bet they're not very practical though huh? )

Is it me or are kids feet getting bigger every generation?

My Nan is a 2, my mum wears a 3.5, I'm a 5.5 really I s'pose and my daughter's currently in a 7 but I bet when we take her to Clarks for the next pair she'll have gone up a size. :rolleyes:

Love Jacks xxx

Jacks_xxx

FunBrum wrote: »

You're right taplady....my nephew is a size 13:eek:
Kids today have larger feet don't you think? but then what should I expect....his father is a size 12 and I'm a dainty 7.....ahmmm!:rotfl:

God bless Soccor Sports and Sports World, thats what I say!!:beer:

I'm glad you said that honey - I thought it was just me!

Love Jacks xxx

Aril

I shan't be doing this but watching with interest. Good luck everyone:j
Aril

hypno06

A huge list of challengers in this one :T

Counting down the hours.......I have my accounts book all ready for the off.....:D

dreams_R_free

nykmedia wrote: »

.... can't wait for this all to kick off and then we can compare notes and I'll be able to let you into a couple of little secrets about how to 'beat the blues' of this challenge when things look particularly tough :cool:

I can't wait either, nyk! I can't remember a New Year that was so happily anticipated:rotfl:

Your tips to 'beat the blues' will be a great help to us all, I think, once the initial euphoria of starting the challenge has worn off and we're all finding it a bit of a struggle:eek: . Probably about mid-January in my case:o

Good Luck everyone:beer:
Imp x