January | Penny Pincher Challenge

So today I have done the following
- checked bank - 1pt
- updated ynab - 1pt
- sold an unwanted toy storage unit - 1pt


My reasons for doing this is a) I want to pay off my debts asap and b) I need to be able to budget and keep on track with my spending money so I don't get stuck when paying off my debts.

Hi There,

Would it be ok if I joined this challenge.

Now Xmas is over I’m focused on saving money so I can pay off a small car loan and a holiday booked in August.

So here are my 15 things....

1. Check bank account everyday
2. Do not buy any carrier bags
3. Save all £2 coins into a sealed pot.
4. Do not buy cups of tea!!
5. Take cash out and do not use the card!
6. Keep a spending diary
7. No amazon!!
8. Go through cupboards and freezers and make an inventory.
9. Meal plan and prioritise anything that I can use in the cupboards or freezers.
10. Start batch cooking and use the freezer more.
11. Open up separate accounts for Xmas and both my boys birthdays.
12. 3 no spend days a week
13. Declutter the loft and remove unwanted toys and donate to charity/ eBay.
14. Do not buy any more books
15. No takeaways in Jan!!

I’m back with my list. I haven’t been overly Money savvy today because of the snow we’ve had overnight. I had planned to walk into town for milk but it was a little treacherous underfoot (on road and pavement) so popped to local shop where it is a little more expensive as branded (buy the double filtered type stuff as it doesn’t upset my OH who’s lactose intolerant)

My list for January
1. Have 3 NSDs each week
2. Don’t buy any toiletries - I have quite enough in the cupboard to use up!
3. Go to the library instead of buying books I want to read (on top of this read 5 books off my shelf)
4. Make a shopping list and stick to it.
5. Take lunch to work everyday (if I’m at home make something healthy)
6. Don’t buy anything on Etsy - this is one of my vices!
7. Don’t buy anything on Amazon
8. Always carry a shopping bag
9. Keep a diary of expenses
10. Add the equivalent of £1.50 minimum a day to sealed pot to save for Christmas 2018
11. No takeaways or ready meals
12. Meal plan for each week.
13. Go for a run or do a home work out each day
14. Complete surveys on Yougov
15. No buying fizzy pop or alcohol (will drink lime and soda if going out)

Bonus - Note 3 positive things each day!

Here’s my list for January:)

1. Save all spare change
2. bring your own bottle to work
3. take your own lunch to work
4. meal plan
5. set a target for a specific amount of No Spend Days (3 per week)
6. Leave your card at home
7. Check bank accounts frequently
8. Cancel unused subscriptions
9. Avoid online shops such as Ebay
10. Create a shopping list & stick to it
11. Only go shopping when there is 3+ items on the list
12. Stop buying branded food
13. Give yourself a limit to spend
14. Create a budget
15. Use left overs / search for cheap meals
16. Use loyalty cards such as tesco and always put the pints on that card
17. Do a spend freeze on an item you spend a lot on
18. Use voucher codes
19. Reuse shopping bags

adventureofmemories wrote: »

That's a great list!
Good luck for January!

What are you most looking forward to in January?

Well it’s my 22nd wedding anniversary on the 25th and my birthday on the 27th, so looking forward to both those!

Other than that, getting my head down and reining in the spending!

Hope you’ve got things to look forward to too xx