1% challenge 2023

NeverendingDMP

Highlanddream said:

NeverendingDMP said:

Highlanddream said:

NeverendingDMP said:

I've made myself a challenge seen as my debts have stagnated. My youngest two (twins) will both start highschool in sept 26 and will need a school iPad or laptop depending on where they get in. The plan is to go to the same school as our eldest. The school iPad scheme this year at his school was 550 for new kids. They did a sibling discount (not sure how much) and there's the option of buying them on tic like we did for our eldest but that incurs interest. I use a chase account for weekly food shop,petrol spends etc -I get 1% cashback and have it set to round up. I've been building money up to cover one iPad hopefully both. I'm setting a target of 1000 pounds -its easy maths for the 1% 😂. It's gonna be a slow burn as it will be round ups, cash back and money left each week but it will be a big help if I can save it in time. And if I log it on here I can't pinch it for anything else can I!

Omg, that is really bad that you have to buy them. It's not like a few pens / pencils. 

At the school we want the iPads are technically optional but all the work and homework is on them so it's needed really. They subsidise anyone on free school dinners but don't advertise it. The first year they introduced it you could rent one for sixty pounds for the year (think that was to cover the insurance) but now everyone who starts has to buy it or borrow one in class and go to homework club if they need to one outside of lesson time.  The other schools near uses a laptop and that is compulsory. Last year I was told it was 22 a month on tic for three years. The iPad is the cheaper school. And it has case keyboard etc. Another parent priced it up and said it's cheaper than we could buy it for ourselves but obviously is still a massive cost. At least with my eldest already there I'm not gonna be shocked by any of this when they start!

Pre internet school was a lot cheaper! 

Yep it was 😂 

craftingmad

Hi everyone - great to see progress being made and I love your plan regarding the Ipads Neverending. I remember having to do all that for my kids too - the joys of being a parent 

I realised this morning that I have not updated for a while so here we go:-

Wages from cafe for two weeks ago £260.24
Wages from cafe for last week £274.92
Interest from one savings account £295.97

That means I have added a further £831.13 to my OP savings pot.

So my total now currently stands at £4202.28/£7500 = 56.03% 

I'm over half way there and heading towards 57%  

I am loving this smaller target after the huge ones I have tackled before   

NeverendingDMP

craftingmad said:

Hi everyone - great to see progress being made and I love your plan regarding the Ipads Neverending. I remember having to do all that for my kids too - the joys of being a parent 

I realised this morning that I have not updated for a while so here we go:-

Wages from cafe for two weeks ago £260.24
Wages from cafe for last week £274.92
Interest from one savings account £295.97

That means I have added a further £831.13 to my OP savings pot.

So my total now currently stands at £4202.28/£7500 = 56.03% 

I'm over half way there and heading towards 57%  

I am loving this smaller target after the huge ones I have tackled before   

Excellent news. You will be at two thirds in no time!

NeverendingDMP

Just to update I'm at 13%

Highlanddream

NeverendingDMP said:

Just to update I'm at 13%

Well done Neverending. 

Highlanddream

craftingmad said:

Hi everyone - great to see progress being made and I love your plan regarding the Ipads Neverending. I remember having to do all that for my kids too - the joys of being a parent 

I realised this morning that I have not updated for a while so here we go:-

Wages from cafe for two weeks ago £260.24
Wages from cafe for last week £274.92
Interest from one savings account £295.97

That means I have added a further £831.13 to my OP savings pot.

So my total now currently stands at £4202.28/£7500 = 56.03% 

I'm over half way there and heading towards 57%  

I am loving this smaller target after the huge ones I have tackled before   

Brilliant news Crafting. I reckon my bet is going to be accurate!

 I am looking good for payday to get back to my normal target but don't think I am going to catch up Aug. If I can get below 10,000 before Christmas I will be happy - taking a few months off to cover b'days Xmas MOT etc. All in the plan. 

Highlanddream

66.76% today for me. 

NeverendingDMP

Highlanddream said:

66.76% today for me. 

Well done 2/3rds paid. Keep going!

Highlanddream

NeverendingDMP said:

Highlanddream said:

66.76% today for me. 

Well done 2/3rds paid. Keep going!

thank you

NeverendingDMP

Managed to underspend in the food money this week so moved some across to the savings pot. I'm at 14%.