Virtual Sealed Pot Challenge 2018

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Comments

  • AWPTheo
    AWPTheo Posts: 35 Forumite
    Sorry didn’t mean to be awkward by not setting a target, never done a MSE Challenge before or tracked these things so really lost as what to estimate.

    Would £100 be too conservative? I’m worried about over stretching myself and not being able to hit my targets :/
    Debts Jan 2018: £0/£1,200 personal loan, £118.29/£605.71 CC/SC Savings Jan 2018: £450
    2018 Challenges: Save £12k in 2018 #72 - £60/£2,400, Virtual Sealed Pot Challenge #17 £15.61/£100
  • motivated
    motivated Posts: 3,044 Forumite
    First Anniversary Photogenic First Post PPI Party Pooper
    edited 31 December 2017 at 1:55PM
    Morning all
    Just rounded down for the last time in 2017

    #8 now at £77.63/£1,000

    Here’s to 2018 :beer:

    Edit to add: I’ve started early I know but need to get ahead of myself as I think Jan will be a tight month for us :o
    M
    Emptying my lake with a teaspoon
  • Kim_13
    Kim_13 Posts: 2,401 Forumite
    Name Dropper First Anniversary First Post Photogenic
    AWPTheo wrote: »
    Sorry didn’t mean to be awkward by not setting a target, never done a MSE Challenge before or tracked these things so really lost as what to estimate.

    Would £100 be too conservative? I’m worried about over stretching myself and not being able to hit my targets :/

    Hi AWPTheo

    There's no right or wrong target. It all depends on our circumstances, whether you plan to round to the nearest £5, £10 etc and how often you plan to do a transfer. The guideline is each week but some members have transferred more often than this in previous challenges.

    There's a section in the update form to allow you to inform Westie983 of a change of target during the challenge if you wish. So you could start at £100 and work upwards if you want to, depending on how you get on.
  • Westie983
    Westie983 Posts: 5,213 Ambassador
    First Anniversary Name Dropper Photogenic First Post
    Kim_13 wrote: »
    Hi Westie983

    Just seen this post. I can view the new spreadsheet correctly. The update form itself is still showing 2017, but looks as though it will submit correctly.

    If there's not an easy fix, maybe just pop a note in the first post so that members are aware of it.

    Hi Kim_13

    Thanks for this, I think I have been able to change it to 2018. Can you please check again for me.

    I have changed the title and the year in one of the questions.

    Thanks also for explaining the challenge to AWPTheo.

    Westie983
    I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySaving Expert.
    Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%
    Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%
    Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%
    Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%
    £2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%
    The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%
    Total £4095.19/£7332.95 = 55.84%
  • Westie983
    Westie983 Posts: 5,213 Ambassador
    First Anniversary Name Dropper Photogenic First Post
    motivated wrote: »
    Morning all
    Just rounded down for the last time in 2017

    #8 now at £77.63/£1,000

    Here’s to 2018 :beer:

    Edit to add: I’ve started early I know but need to get ahead of myself as I think Jan will be a tight month for us :o
    M

    Hi,

    Its fine to start early just send me the update for in January for the amount that you have already saved.

    The challenge starts tomorrow.

    Westie983
    I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySaving Expert.
    Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%
    Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%
    Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%
    Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%
    £2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%
    The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%
    Total £4095.19/£7332.95 = 55.84%
  • Westie983
    Westie983 Posts: 5,213 Ambassador
    First Anniversary Name Dropper Photogenic First Post
    AWPTheo wrote: »
    Sorry didn’t mean to be awkward by not setting a target, never done a MSE Challenge before or tracked these things so really lost as what to estimate.

    Would £100 be too conservative? I’m worried about over stretching myself and not being able to hit my targets :/

    £100 is fine, like Kim_13 has explained you can change this up or down as the challenge goes on.

    I just like have a total of all challengers so one, it keeps you motivated and we can see how well we are doing as a group.

    I will update the target now for you.

    Westie983
    I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySaving Expert.
    Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%
    Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%
    Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%
    Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%
    £2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%
    The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%
    Total £4095.19/£7332.95 = 55.84%
  • Westie983
    Westie983 Posts: 5,213 Ambassador
    First Anniversary Name Dropper Photogenic First Post
    edited 3 January 2018 at 7:09PM
    Hi all,

    Can I please have some targets for those of you that havent done so.

    I know some of you dont want to have a goal but it can be anything if you want and can be increased or decreased as the challenge goes on..

    We are nearly ready to go, we are on the starting blocks...

    Westie983
    I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySaving Expert.
    Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%
    Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%
    Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%
    Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%
    £2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%
    The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%
    Total £4095.19/£7332.95 = 55.84%
  • ruby_eskimo
    ruby_eskimo Posts: 4,526 Forumite
    Name Dropper First Post First Anniversary Combo Breaker
    Hi everyone, can I join? I've done this on and off for a few years but determined to come back this year and stay on top of my finances. I was always 29 on the previous years so can I have that number again? I'm hoping for £100 but may change that as the year goes on.
    Emergency Fund - £7992.62 / £10,000 :: Total Mortgage OP - £34,692
    LISA 24/25 - £0 / £4000 :: NSD 2024 - 13 / 180 :: Moving Fund: £838.83 :: Decluttering - 143 / 365
    Engaged 9th December 2010 :: Married 29th October 2015 :: Bought a House 13th January 2017
  • lightbulb0811
    lightbulb0811 Posts: 93 Forumite
    Hi, can I join in please. I’ll go for £200 to start with. Thanks.
    Save £12k in 2019 #111 £440.39/£4000
    Sealed pot challenge #5 £153.59/250
    Weight Loss 28/60 lb challenge
  • AWPTheo
    AWPTheo Posts: 35 Forumite
    Happy New Year to you all :beer: hope there are not too many sore heads this morning!

    Thank you for the reassurances, and for explaining things, I did read through the main post twice but still shaky on my feet! £100 sounds good for now.

    Will be transferring every Friday as I usually do, but whether it’s to the nearest £5 or £10 will depend how I’m sitting money wise! Will aim for nearest £10 though.
    Debts Jan 2018: £0/£1,200 personal loan, £118.29/£605.71 CC/SC Savings Jan 2018: £450
    2018 Challenges: Save £12k in 2018 #72 - £60/£2,400, Virtual Sealed Pot Challenge #17 £15.61/£100
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