Saving for Xmas 2017 - A pound a day

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  • 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 :)
    Debt Free 🍾 since 6.8.13 £31,997
    Saving for🎄Xmas ☃️ 🎁 2024 £87/£365 23.8%
    6 mth 🆘 fund £6k
    Mortgage offset fund £22.4k/£88.7k
    It turns out the answer to my problems wasn’t at the bottom of this tub of icecream, 🍨 but the important thing is that I tried...
  • roxy7699
    roxy7699 Posts: 1,067
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    Number 47 checking in with £77/£365
  • Hi all!

    #71 putting in £9 from last week

    Chappie x
    PAD - Barclayloan - £3078.32/£3758.32

    January 2022 Grocery Challenge - £600

    Saving for Christmas 2022 - #33 - £1 a day Challenge - £10/£365

    Virtual Sealed Pot Challenge 2022 - £8.55/£500
  • January2015
    January2015 Posts: 2,369
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    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’d only do this for their own customers.
    We have a long way to go to October yet though :beer:
    DFW Nerd No. 1484 LBM 07/01/15 Debt was £95k :eek: Now debt free and happy :j
  • January2015
    January2015 Posts: 2,369
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    Westie983 wrote: »
    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.

    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 :eek: Now debt free and happy :j
  • Westie983
    Westie983 Posts: 5,213
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    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”.

    I am aware of this, thanks though...
    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%
  • January2015
    January2015 Posts: 2,369
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    Westie983 wrote: »
    I am aware of this, thanks though...

    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 :rotfl:
    DFW Nerd No. 1484 LBM 07/01/15 Debt was £95k :eek: Now debt free and happy :j
  • monz
    monz Posts: 4,129
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    Need to check my fivers now lol!
    Debt (1/9/14) £6,702.11 Debt free (30/11/2016) mortgage port- £70,077.82 and mortgage £126,517.39 o/s currently
    Debt - £17,190.83 (29/7/22) now (19/8/22) £16,688.80
  • monz
    monz Posts: 4,129
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    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) mortgage port- £70,077.82 and mortgage £126,517.39 o/s currently
    Debt - £17,190.83 (29/7/22) now (19/8/22) £16,688.80
  • 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:mad: 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:mad:


    Looks like the banks will take £1 coins after October 15 so shouldn't be a problem after all:o


    Ellie x
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