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  • FIRST POST
    • Ellieseleven
    • By Ellieseleven 26th Nov 16, 8:13 AM
    • 2,106Posts
    • 6,792Thanks
    Ellieseleven
    Saving for Xmas 2017 - A pound a day
    • #1
    • 26th Nov 16, 8:13 AM
    Saving for Xmas 2017 - A pound a day 26th Nov 16 at 8:13 AM
    This is the saving for Christmas 2017 - A pound a day challenge



    Back by popular demand


    The Aim: To save a £1 a day from 1st December 2016 to 30th November 2017. How you save your £1 doesn't really matter, whether it be a £1 in a tin, an on-line account or anywhere else that suits you.


    We will open our tins or have access to our accounts on 1st December 2017 and declare out total amounts saved


    Then it's spend, spend, spend for Xmas 2017 on whatever you like.


    I've had great success for the last 3 years and use a sealed tin. For 2016 I saved £2 each day instead of £1 and this really does take a lot of the stress out of Christmas, also, I have a great time counting out all my £1 coins at the end.


    You soon get into the habit of putting a £1 a day away and just think this time next year you will have a healthy chunk of money towards the expense of Christmas


    If you would like to join in pop your name down and I will allocate a number for you.


    So come on everyone, decide on where you are going to keep your pounds and let's get saving!


    Happy Savings Happy Xmas Happy New Year
    Debt Free 1st March 2017
    Saving for Xmas 2017 #1 £548/ £732
    DFBXMAS 2017 #18 £1978/1,978 100%
    EF #142 - 1027/1000
Page 18
    • Ellieseleven
    • By Ellieseleven 16th Feb 17, 10:17 AM
    • 2,106 Posts
    • 6,792 Thanks
    Ellieseleven
    Morning everyone,


    As Jo Blogs has reminded us, we do need to remember that the old £1 coins will cease to be legal tender in October.


    "Everyone with a piggybank or coin jar needs to turn them up upside down and shake out all your £1 coins, because as of 15 October the current £1 coins will cease to be legal tender and will soon be un-spendable. They are being replaced with new 12-sided £1 coins from next month and by 15 October, shops will no longer accept the old pound coins."

    Ellie x
    Debt Free 1st March 2017
    Saving for Xmas 2017 #1 £548/ £732
    DFBXMAS 2017 #18 £1978/1,978 100%
    EF #142 - 1027/1000
    • Ellieseleven
    • By Ellieseleven 16th Feb 17, 10:25 AM
    • 2,106 Posts
    • 6,792 Thanks
    Ellieseleven
    Hello,


    Totals all updated where requested


    I'm wondering how to convert my old ££'s when the new ones are released? I keep my ££'s in a tin so might have to swap them over to a new tin when the new coins are released


    In the meantime, some great totals as usual from us all


    Ellie x
    Debt Free 1st March 2017
    Saving for Xmas 2017 #1 £548/ £732
    DFBXMAS 2017 #18 £1978/1,978 100%
    EF #142 - 1027/1000
    • Westie983
    • By Westie983 16th Feb 17, 10:25 AM
    • 4,283 Posts
    • 14,826 Thanks
    Westie983
    Morning everyone,


    As Jo Blogs has reminded us, we do need to remember that the old £1 coins will cease to be legal tender in October.


    "Everyone with a piggybank or coin jar needs to turn them up upside down and shake out all your £1 coins, because as of 15 October the current £1 coins will cease to be legal tender and will soon be un-spendable. They are being replaced with new 12-sided £1 coins from next month and by 15 October, shops will no longer accept the old pound coins."

    Ellie x
    Originally posted by Ellieseleven
    But the banks will so really no reason to panic, I took in £1000 in old £20, £10 and £5 yesterday, years after they were removed circulation.
    Save 12k in 2018 #10 Total (£25,000)+£10,000/£12,000 = 83.33%
    Sealed Pot Challenge ~ 11 #97 Total (£410) + £10/£800 = 1.25% ( x 11)
    Xmas 2018 £1 a Day #2 Total £62.59/£365 = 17.14%
    Virtual Sealed Pot #1 Total £600/£1,000 = 60.00%
    £2 Savers Club 2018 #16 Total (£1,500)+-486/£2,000 = 50.70%

    Total £10,686.59/£16,165 = 66.10%

    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email forumteam@moneysavingexpert.com
    • triple choc chip
    • By triple choc chip 16th Feb 17, 2:58 PM
    • 846 Posts
    • 2,924 Thanks
    triple choc chip
    One of the three TCB's now confirmed and a friend request submitted which will hopefully boost my total shortly.
    No 3: £116 / £650
    Life's greatest satisfactions: Getting the last laugh, having the last word and paying the last instalment.
    Debt Free since 6.8.13
    New home 12 6 rooms to decorate/re-furbish
    Saving for Xmas 2018 #3: £169/£600 28%
    Emergency fund £1.1k
    • IrishRose12
    • By IrishRose12 16th Feb 17, 10:58 PM
    • 1,480 Posts
    • 6,323 Thanks
    IrishRose12
    Haven't been able to get on here for a while but I'm still saving!

    #66: £50/£365

    Now I need to find a new tin to put my money in as I've to change the £1 coins I've been putting in Not a happy bunny as it is one of those ones you have to break to open and I refuse to buy another one to put new money in

    I wish I'd known about all this before I'd started as I wouldn't have put in coins at the start
    Pay all debt off by Christmas 2018 #57 £1295.47/£3,000
    £1 a day challenge 2018 - £91/ £365

    The 365 Day Penny Challenge #2 - £175.00/£650

    2018 - RULE OF 3 Decluttering challenge - 2,148/1,095 items
    Book challenge 4/20
    • monz
    • By monz 17th Feb 17, 9:59 AM
    • 3,117 Posts
    • 9,804 Thanks
    monz
    I posted about this beginning Jan x
    Debt (1/9/14) £6,702.11 Debt free (30/11/2016)
    house deposit £6,660.99/10,000
    car PCP - 149/11848.25 (0 overpayment)
    mums July birthday vouchers 0/50, Niece birthday June 0/50
    Holiday spending 200/300, Belfast 0/500 (£252 for apart
    ment)
    • Miss D Meanour
    • By Miss D Meanour 18th Feb 17, 7:03 AM
    • 112 Posts
    • 797 Thanks
    Miss D Meanour
    Hi there
    Sorry I've been absent for a while but it's great to see all the saving. I've got a little ahead of myself and have now put aside the whole £28 for February, so that makes me:

    #40. £90 / £365

    Take care everyone. Miss DM
    LBM- June 2009 - 15 year plan started, Dec 2016 - half way there
    SPC - 11 #574 - £500 ........ Xmas 2018 - #11: £90 / £365.
    CCCC 2018 #14 - £0 / £140 ....... PAYDBX 2018 #23: £1,245.16 / £7,000
    Frugal Living - #37 .......... MFW2018 - #2: £1,219.62 / £8,000

    No matter how far you go, you always take yourself with you
    • chocoholicqueen
    • By chocoholicqueen 18th Feb 17, 12:21 PM
    • 564 Posts
    • 1,245 Thanks
    chocoholicqueen
    £45 has been transferred over for February #18 £135/£520.
    Emergency Fund £0/£500
    £365 in 365 Days #18 £520/£520
    £2.00 Savers Club 2017 #11 £300/£300
    • January2015
    • By January2015 18th Feb 17, 12:59 PM
    • 2,054 Posts
    • 5,125 Thanks
    January2015
    Managed to bump savings up to £270 / £730
    DFW Nerd No. 1484 LBM 07/01/15 Debt was £95k I'm driving it down
    £1k emergency fund (member #84) £1k/£1k
    [COLOR=Blue][SIZE=2]
    • MrsShazbat
    • By MrsShazbat 18th Feb 17, 8:41 PM
    • 540 Posts
    • 2,735 Thanks
    MrsShazbat
    Payday so another £31 transferred #8 £93 / £365
    * Xmas 2018 #8 £124 / £365 * (2017 £496.53; 2016 £424.32) * SPCNo.11 #66 * Clothes Challenge 2018 #13 *
    SPCNo.10 £682.31
    SPCNo.9 £442.64
    • Wentthedaywell?
    • By Wentthedaywell? 19th Feb 17, 12:30 PM
    • 464 Posts
    • 2,531 Thanks
    Wentthedaywell?
    £29 for February, thanks as ever to Ellie.

    A third of the way there already - scary!
    Save £12k in 2018#37:
    £365 in 365 days 2018
    • triple choc chip
    • By triple choc chip 19th Feb 17, 4:00 PM
    • 846 Posts
    • 2,924 Thanks
    triple choc chip
    I've had fun shopping today, triple nectar points and double boots points on top of offer points and my total has jumped to:
    #3 £131/£650
    Life's greatest satisfactions: Getting the last laugh, having the last word and paying the last instalment.
    Debt Free since 6.8.13
    New home 12 6 rooms to decorate/re-furbish
    Saving for Xmas 2018 #3: £169/£600 28%
    Emergency fund £1.1k
    • roxy7699
    • By roxy7699 19th Feb 17, 8:47 PM
    • 1,061 Posts
    • 8,964 Thanks
    roxy7699
    Number 47 checking in with £77/£365
    • Chappie77
    • By Chappie77 21st Feb 17, 12:10 PM
    • 161 Posts
    • 754 Thanks
    Chappie77
    Hi all!

    #71 putting in £9 from last week

    Chappie x
    Payment a Day 2018 Very £1286.41/£1701.22 Saving for Xmas 2018 £124/£500 Virtual Sealed Pot 2018 £255/£700 PAYDBX2018 £2179.56/£7268.47 £2 Savers Club 2018 £84
    • January2015
    • By January2015 21st Feb 17, 8:11 PM
    • 2,054 Posts
    • 5,125 Thanks
    January2015
    I know we've mentioned the change in the £1 coins and what banks will or perhaps won't do after 15th October 2017. Just thought it might be useful to post a link to the MSE team blog on this and the info they got when they checked with banks on what they will do after 15th October, specifically
    Many banks and building societies have told us they will continue to accept the old pound coin even after 15 October. But all those we asked, including Barclays, HSBC, Lloyds/Bank of Scotland, Nationwide, RBS and Santander, said they!!!8217;d only do this for their own customers.

    We have a long way to go to October yet though
    DFW Nerd No. 1484 LBM 07/01/15 Debt was £95k I'm driving it down
    £1k emergency fund (member #84) £1k/£1k
    [COLOR=Blue][SIZE=2]
    • January2015
    • By January2015 21st Feb 17, 8:15 PM
    • 2,054 Posts
    • 5,125 Thanks
    January2015
    But the banks will so really no reason to panic, I took in £1000 in old £20, £10 and £5 yesterday, years after they were removed circulation.
    Originally posted by Westie983
    According to the MSE Team Blog there's a difference between coins and notes and it's about who produces them and notes hold their value for all time:
    What about old fivers – aren’t they also being scrapped?
    That’s right. The shiny new plastic fivers are already in circulation, and the older, larger fiver is leaving us even sooner than the pound – the withdrawal date’s set for 5 May.
    Now technically, unlike the pound coin, the £5 banknote is produced by the Bank of England and not the Royal Mint. This means that, even after it’s been scrapped, the old fiver is covered by what’s effectively a Bank of England ‘buy back guarantee’ – old banknotes officially hold their face value “for all time”.
    DFW Nerd No. 1484 LBM 07/01/15 Debt was £95k I'm driving it down
    £1k emergency fund (member #84) £1k/£1k
    [COLOR=Blue][SIZE=2]
    • Westie983
    • By Westie983 21st Feb 17, 10:24 PM
    • 4,283 Posts
    • 14,826 Thanks
    Westie983
    According to the MSE Team Blog there's a difference between coins and notes and it's about who produces them and notes hold their value for all time:
    What about old fivers – aren’t they also being scrapped?
    That’s right. The shiny new plastic fivers are already in circulation, and the older, larger fiver is leaving us even sooner than the pound – the withdrawal date’s set for 5 May.
    Now technically, unlike the pound coin, the £5 banknote is produced by the Bank of England and not the Royal Mint. This means that, even after it’s been scrapped, the old fiver is covered by what’s effectively a Bank of England ‘buy back guarantee’ – old banknotes officially hold their face value “for all time”.
    Originally posted by January2015
    I am aware of this, thanks though...
    Save 12k in 2018 #10 Total (£25,000)+£10,000/£12,000 = 83.33%
    Sealed Pot Challenge ~ 11 #97 Total (£410) + £10/£800 = 1.25% ( x 11)
    Xmas 2018 £1 a Day #2 Total £62.59/£365 = 17.14%
    Virtual Sealed Pot #1 Total £600/£1,000 = 60.00%
    £2 Savers Club 2018 #16 Total (£1,500)+-486/£2,000 = 50.70%

    Total £10,686.59/£16,165 = 66.10%

    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email forumteam@moneysavingexpert.com
    • January2015
    • By January2015 22nd Feb 17, 7:45 AM
    • 2,054 Posts
    • 5,125 Thanks
    January2015
    I am aware of this, thanks though...
    Originally posted by Westie983
    I think people will still be able to change the coins for some considerable time after October 2017 though.

    I will definitely need a window after October to change some of mine - I found a £1 coin down the side of the sofa last week and also one under the bed in the spare room......clearly the little so and so's are preparing early and going into hiding now
    DFW Nerd No. 1484 LBM 07/01/15 Debt was £95k I'm driving it down
    £1k emergency fund (member #84) £1k/£1k
    [COLOR=Blue][SIZE=2]
    • monz
    • By monz 22nd Feb 17, 9:24 AM
    • 3,117 Posts
    • 9,804 Thanks
    monz
    Need to check my fivers now lol!
    Debt (1/9/14) £6,702.11 Debt free (30/11/2016)
    house deposit £6,660.99/10,000
    car PCP - 149/11848.25 (0 overpayment)
    mums July birthday vouchers 0/50, Niece birthday June 0/50
    Holiday spending 200/300, Belfast 0/500 (£252 for apart
    ment)
    • monz
    • By monz 22nd Feb 17, 11:24 AM
    • 3,117 Posts
    • 9,804 Thanks
    monz
    Replaced money I had to borrow out. And paid extra in. At £94.

    Thanks no 35 xx
    Debt (1/9/14) £6,702.11 Debt free (30/11/2016)
    house deposit £6,660.99/10,000
    car PCP - 149/11848.25 (0 overpayment)
    mums July birthday vouchers 0/50, Niece birthday June 0/50
    Holiday spending 200/300, Belfast 0/500 (£252 for apart
    ment)
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