2008 - Live on £4000 for a full year.

mumzyof2

so how much will you have to live off each week molly?

skintwellie

Dear nykmedia, thank you for the number. I have done the number crunching bit and for us it will be a challenge, so I'll be checking out the site for any tips once we get started.
Have ordered 3 CD's from 'Passport to Freedom' promotion run by Knorr for caterers. Ypu earn points for sending in barcodes for some of their products. I will use these as birthday presents and put the equivalent (average cost) £30.00 into my 'free cash' account - aiming for £1,000 for a free 2008 Chrimbo.

Debts: HUGE!!!

Failed business venture: £18,200
Credit cards: £800.00
Council tax arrears: £900.00

Mollymop5

mumzyof2 wrote: »

so how much will you have to live off each week molly?

I think it works out just over £100 with my child benefit which is £30.20 per week.

mumzyof2

will you struggle?

Mollymop5

Just to clarify my updated figure.I will have £4000 plus £1570.40 (child benefit) which works out at £107.12 per week.I think that is correct.Please correct me if it's not

mumzyof2

im confused when it comes to working out mine lol nyk is helping me shes a star

mumzyof2

Mollymop5 wrote: »

Just to clarify my updated figure.I will have £4000 plus £1570.40 (child benefit) which works out at £107.12 per week.I think that is correct.Please correct me if it's not

well to be honest....
my calculator gives me.... 107.12307692307692307692307692308
(took em ages that as calculator on laptop wouldnt let me copy paste so had to keep going bk to calcaltor lmaoooo) im so sad

Mollymop5

I should actually be able to save loads if I do it correctly.I'm signing up for the grocery challenge of £150 food/lifestyle ect.After my utility bills ect I could be saving approx £30 per week if I do it right and stick to budget.This £30 would have to cover birthdays/clothes/holidays ect but if I'm careful I could have a bit saved toward debts.
I have just got a part time job of 3 hours per week which should bring me in £80 per month.It's only approx 6 months to cover maternity leave but I plan to save that and not count it in this challenge as it is an extra i wouldn't have had.

Mollymop5

mumzyof2 wrote: »

well to be honest....
my calculator gives me.... 107.12307692307692307692307692308
(took em ages that as calculator on laptop wouldnt let me copy paste so had to keep going bk to calcaltor lmaoooo) im so sad

Lol.I just had pen and paper

mumzyof2

Mollymop5 wrote: »

I should actually be able to save loads if I do it correctly.I'm signing up for the grocery challenge of £150 food/lifestyle ect.After my utility bills ect I could be saving approx £30 per week if I do it right and stick to budget.This £30 would have to cover birthdays/clothes/holidays ect but if I'm careful I could have a bit saved toward debts.
I have just got a part time job of 3 hours per week which should bring me in £80 per month.It's only approx 6 months to cover maternity leave but I plan to save that and not count it in this challenge as it is an extra i wouldn't have had.

i think when i have worked out how much i will have each week after money has come out for the bills we include... i will just draw the exact amount of money out for that week..im scared but at same time cant wait to start this challenge. does it start on 1st jan?