Weekly Spend Challenge W/C 2nd March 2014

edited 4 March 2014 at 6:47PM in Debt-free Wannabe Challenges
38 replies 2.4K views
EverTheOptimistEverTheOptimist Forumite
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edited 4 March 2014 at 6:47PM in Debt-free Wannabe Challenges
Hello everyone. Welcome to the Weekly Spend Challenge. This challenge is open to anybody, no matter what financial place they are in. Everyone is welcome here.

On this thread please post an amount of money you wish to stay below within the week (Sunday to end of working day on Friday). This can be pennies or thousands it depends on the individual. Then next Saturday report back and pledge for the following week. The challenge runs from Sunday to Friday so we don't include Saturdays but feel free to change the rules to suit you and include Saturdays or start on a different day.

Feel free to update this thread with daily spends if that keeps you on track. We colour code the results as below:

Green - within budget
Red - over budget
Purple - zero spend
Orange - made money over the week

This is a little bit of fun but for many it highlights the fact that maybe that magazine/chocolate bar isn't needed. Hopefully your spending habits can be changed forever.

Moozie was the founder of this challenge and here is a quote taken from her:

Originally Posted by Moozie:
"Good afternoon lovely DFWs Now for anyone looking in, please feel free to join - the more the merrier! Basically, decide on the amount you want to spend up to from Sunday until the end of the working day on Friday then pledge it here and off we go! The challenge is about incidental spending and not for stuff that should be budgeted elsewhere such as bills, groceries, debt repayment etc but you decide what to include at the end - this is about changing your habits and improving your recording of your spends more than anything else. Have a great week everyone and keep it low!!! Moozie x"

Good Luck Everyone

Link to last weeks challenge here

W/C 23rd February 2014 challengers / pledges / totals

EverTheOptimist - £20 / £7.65
Cookie02 - £60 / £26.50

Sedge123 - £30 / RED
Munchin - £30/ £28.17
Busymumofthreeplusdog - £55
DD265 - £15 / ORANGE
Mrs Cheshire - £10 / £6.89

W/C 2nd March 2014 challengers / pledges / totals

EverTheOptimist - £25
Mrs Cheshire - £10
Sedge123 - £20
Cookie02 - £150
Bankruptanddealingwithit - £20
DD265 - £15
Solong - £35
Munchin - £20
Elfy1807 - £10
SPC 14 Target £200 /
Debt: £11850
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Replies

  • EverTheOptimistEverTheOptimist Forumite
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    Hi all

    Welcome along to another weekly spend challenge.

    My plans for the week

    Sun - mil visiting and then visiting my parents NSD
    Mon- Seeing a friend and her baba for a walk and lunch - £10, and then going to a camera club (set up by a friend) £2 subs (for the room) Petrol spend but budgeted elsewhere
    Tues - no plans - NSD
    Weds - Baby group - NSD (possible breed and milk top up - grocery budget)
    Thurs - Seeing a friend and her baba for coffee, possibly a soft play type thing for the babas - £10
    Fri - Baby group - NSD
    Sat - hair appt (budgeted) otherwise NSD

    £3 contingency

    Total - £0 / £25
    SPC 14 Target £200 /
    Debt: £11850
  • Mrs_CheshireMrs_Cheshire Forumite
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    Hi ETO,
    Last week £6.89/£10 so green

    Can I put down £10 for this coming week
    Grocery Challenge 2020
    Jan £377.98/£380, Feb £417.83/£370 March /£400
  • Sedge123Sedge123 Forumite
    597 Posts
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    I was red by a fair bit last week. The new handbag destroyed the budget.

    Going to reign it in to £20 budget this week.
    Determined to save and not squander!
    On a mission to save money whilst renovating our new forever home
  • cookie02cookie02 Forumite
    119 Posts
    Seventh Anniversary 100 Posts Name Dropper
    Hi everyone!

    This week, my spends will ideally be within my £150 budget (big birthday for v close friend):

    Sun - NSD - lunch at parents' - taking homemade cake :).
    Mon - NSD
    Tues - NSD - friend coming over for lunch (covered in grocery budget)
    Weds - NSD
    Thurs - £50 day out with parents
    Fri - friends coming to mine (covered by grocery budget)
    Sat - £80 afternoon/night out (birthday present already bought)

    £20 buffer
    Save 12k in 2021 #57
    Saving for Christmas 2021 #30
  • This is my first attempt at this and i'm gonna try to stick to £20. Fingers crossed, I'm getting my daughters hair cut on tues and so am guessing that this should come within the budget as its not really a necessity?
  • EverTheOptimistEverTheOptimist Forumite
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    Morning everyone. :wave:

    And hi to bankruptanddealingwithit :hello: Welcome along. It's really up to you what you include. If your daughters hair needs cutting then I guess it doesn't need to be included here and it's also likely to be a set amount. I tend to think of this challenge as one to stop unnecessary spends. So I no longer include petrol or groceries here as they are necessary and particularly petrol is a fixed amount. But if I treated myself to choc whilst buying petrol then that would be included here. Hope that makes sense. Hope to see you back during the week. :D
    SPC 14 Target £200 /
    Debt: £11850
  • DD265DD265 Forumite
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    Hi all!

    I was orange last week but I lost track of the total. :o

    I'm going for £15 again this week. Got some veggies to buy for the horse but apart from that no plans currently that would cost anything.

    Today I need to spend a bit on car maintenance, but luckily that doesn't come out of this budget! :rotfl:
  • solongsolong Forumite
    18 Posts
    Hi Everyone, can I join you, new to the site.


    My plans for the week.
    Mon-NSD-optitians/hr meeting/training ---busy day, will take lunch out with me
    Tues-NSD-Dentist-covered in budget
    Wed-Dog groomer £?
    Thurs-Vets, my beautiful dog is having op. Covered in budget.
    Friday-NSD-working ot
    Sat-NSD-working ot.


    Oh if only, having 3 teenagers means that something will come up.


    I'm going to try for £35 and do a great tip someone posted on here about the £5 per day.
    “Home life ceases to be free and beautiful as soon as it is founded on borrowing and debt” Henrik Ibsen


    First month - still all up in the air, first dmp to go out April.

    "I wondered why the Frisbee was getting bigger, and then it hit me".
  • MunchinMunchin Forumite
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    Ninth Anniversary 1,000 Posts Photogenic Debt-free and Proud!
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    Hi all

    I will go for £20 this week please. I've got to get tough on myself and try and get the savings pots up.

    Planned spends

    Sun - £1.20 paper
    Mon - £2 tea club in work
    Tues - NSD
    Wed - NSD
    Thurs - NSD
    Fri - £10 takeaway.

    Goodluck everyone.
    DEBT 6 March - £688 NSDs- 3/301 (start 6 March 21)
    Goal 1 - Prudent reserve - £2,500/£10,000 (25%) - represents some security
    Goal 2- New hearth - £50/£2,000 (2.5%)
    Goal 3 - New to me car - £0/£8,000 (0%)
    Goal 4 - Rewire house - £0/£4,000 (0%)

  • EverTheOptimistEverTheOptimist Forumite
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    Welcome along solong

    Good luck with the challenge. I used to do the £35 per week/ £5 per day. And it was great for helping me to not spend as I didn't like to break into my £5. Now I can't afford to set that amount. :(
    SPC 14 Target £200 /
    Debt: £11850
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