Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • Frugaldom
    • By Frugaldom 26th Dec 18, 4:14 PM
    • 6,136Posts
    • 54,178Thanks
    Frugaldom
    2019 Frugal Living Challenge
    • #1
    • 26th Dec 18, 4:14 PM
    2019 Frugal Living Challenge 26th Dec 18 at 4:14 PM
    Join us here for year 12 of the Frugaldom challenge on MSE

    The Frugal Living Challenge 2019

    It's that time of year again, the time when we all need to start thinking ahead into the new year and how we are going to tackle any debts, generate extra income and squirrel away some savings.

    Please take the time to read this post in full and if you have any questions, feel free to message me or ask in the forum.

    This is an adaptation of the original NYK/Frugaldom 'Living on £4,000 for a Year' challenge. It has been running here on MSE for several years, although these particular money challenges began back in the 90's, elsewhere. We have seen many changes over the years, so this version is a catalogue of diaries charting the progress of 'debt free wannabe' money savers.

    Your budget is personal to you, it should fit with your personal financial situation.

    If you would like to use a simple spreadsheet for calculating your annual expenditure, you are welcome to download a free copy of the original one HERE Simply overwrite the initial monthly amounts and the totals will auto-calculate. From then, it is a simple case of deducting (use the minus sign in front of the amounts) all your outgoings as the year progresses. It's worth while playing about with it to alter headings to suit your personal lifestyle. I've included a couple of extra columns for things like rent/mortgage & council tax and misc/debt payments.

    Some have already achieved debt freedom and now follow frugal lifestyles in order to stay debt free. Others are still tackling their debts and living a frugal life in an attempt to reach their debt-free and/or mortgage-free day. Whichever stage you are at, feel free to join us and share your journey.

    The following links will take you to previous MSE versions of our challenge:

    The 2018 Challenge

    The 2017 Challenge

    The 2016 Challenge

    The 2015 Challenge

    The 2014 Challenge

    The 2013 Challenge

    The 2012 Challenge

    Part 1 - January to March 2011
    Part 2 - April to June 2011
    Part 3 - July to December 2011
    Introduction to the 2010 Challenge
    Part 1 - January to March 2010
    Part 2 - April to June 2010
    Part 3 - July to September 2010
    Part 4 - October to December 2010
    Part 1 - January to March 2009
    Part 2 - April to June 2009
    Part 3 - July to September 2009
    Part 4 - October to December 2009
    Part 1 - January to March 2008
    Part 2 - April to June 2008
    Part 3 - July to September 2008
    Part 4 - October to December 2008

    How it all began - Saving to buy a house without a mortgage 2007 Challenge

    The original interest beater challenge

    The original £1000 in 100 days challenge

    The original free hobbies thread

    IMPORTANT
    Please respect others' lifestyles and beliefs. We are not here to judge, we are here to support. Thank you

    This challenge is about living a frugal, sustainable lifestyle - establishing your true cost of living, sticking to your budget, clearing any debts and making savings wherever and however you can to enable you to live the life you really want.

    Frugal living isn't for everyone, but everyone is welcome to join us. Methods employed by our merry band of frugalers include batch cooking, stockpiling, preserving, foraging, mending, shopping in charity shops, reducing, reusing, recycling, Local Exchange Trading Schemes (LETS), vegetable and fruit growing, allotments, keeping hens, using cash back sites and earning whatever it takes to become self sufficient in managing the cost of living without incurring debt.

    For some it is initially about clearing debt, for others it's about increasing savings, buying property, becoming stay at home mums or paying off the mortgage early. Some choose the lifestyle on ethical grounds. Above all, this is a fun and supportive way to manage your budget so you have control of your own cost of living. It's about NEEDS and not WANTS.

    Living on a budget = living within our means.
    Frugal = thrifty, living without waste

    Ideas to help you achieve and/or maintain debt free living
    Recognise the differences between needs from wants

    Spend within your means
    Set a proper budget
    Quit expensive bad habits
    Houseshare
    Get a lodger
    Shop via cash-back sites and always price compare
    Buy reduced items in stores only if you need them
    Stockpile & bulk buy bargains that you use
    Batch cooking
    Make the most of charity shops
    Join freebie or waste awareness and recycling associations
    LETS trading - become active members of trading & exchange groups
    Bartering
    Grow your own herbs, fruit & veg
    Preserving & winemaking
    Breadmaking & home baking
    Card & gift making
    Order splitting/sharng for better discounts & reduced delivery costs
    Landsharing, allotments & frugal garden systems
    Online trading - auctions, stores, social media pages
    etc, etc, etc...

    Monitoring and revising the budget is part of a good frugal living plan. Gifts & cards could all to be homemade, livestock needs to pay its own keep, anything else needs to be cash neutral.

    The bits we need to include to make this work
    ====================================

    Please read the MSE forum rules and help us to keep this challenge on track, thank you.
    If you have any questions about this challenge, feel free to PM me.
    The following is taken from the official MSE forum rules section:


    KEEPING THREADS ON-TOPIC

    Please try not to take threads off-topic. This can be confusing for new users and makes it especially difficult for people ... Where requests from Board Guides for threads to be brought back on track have not been followed off-topic posts may be removed. We encourage community, but not thread derailment.

    Please bear in mind the main purpose of the site is to save money. The forum team has therefore been instructed to prioritise its time on the MoneySaving forums.


    KEEPING TOPICS RELEVANT TO THE BOARD

    There are two boards provided for off-topic chat and discussion. The MoneySavers Arms has been set up for fun, more lighter-hearted chat (although do still remember this is a family forum Ė keep it clean please). Discussion Time is for discussion of current issues (read Martinís description).

    If you post a topic that does not relate to the board itís posted on it will be moved to a more relevant MoneySaving board or to Discussion Time/The MoneySavers Arms.

    This challenge is about paying for needs so we can afford to live debt free and save for/afford wants. It runs from 1st January to 31st December. The links will give you an idea of how previous challenges have gone and these will be updated accordingly.

    If you havenít already, join the forum to reply!

    GOOD LUCK IN 2019


    This Forum tip was included in MoneySavingExpert.com's weekly email!
    Last edited by MSE Jenny; 14-01-2019 at 1:57 PM.
    I reserve the right NOT to spend:
    The less I spend, the more I can afford!
    Now running Frugaldom as a lifestyle social enterprise!
Page 54
    • mumof3.12kindebt
    • By mumof3.12kindebt 17th May 19, 8:55 PM
    • 539 Posts
    • 1,421 Thanks
    mumof3.12kindebt
    Hi everyone
    Hope you are all well . Hugs to those that need/want one.
    It was my last day at my current job today. Start training next week at my new job. We have also been contacted by the solicitors asking when we are ready to exchange contracts for our house move. So it's all go! Continuing with the frugal living to save every penny during this time.

    Will update soon. X
    June 2017 £16000 debt / no savings
    Nov 2017 £13000 debt / no savings
    Sept 2018 Loan paid off
    Oct 2018 £2400 debt / £2000 savings
    Nov 2018 DEBT FREE / £5000 savings
    **Nov 18 started house fund - £760 / £32k**
    • Tahlullah
    • By Tahlullah 18th May 19, 7:42 AM
    • 960 Posts
    • 5,082 Thanks
    Tahlullah
    Glad everything is going your way regards job and house move. Onwards and upwards!
    Still striving to be mortgage free before I get to a point I can't enjoy it.

    15 February 2019 - Mortgage debt - £78,400
    23 April 2019 - Mortgage debt - £85,000
    • mumof3.12kindebt
    • By mumof3.12kindebt 18th May 19, 8:54 AM
    • 539 Posts
    • 1,421 Thanks
    mumof3.12kindebt
    Thank you Tahlullah xx
    June 2017 £16000 debt / no savings
    Nov 2017 £13000 debt / no savings
    Sept 2018 Loan paid off
    Oct 2018 £2400 debt / £2000 savings
    Nov 2018 DEBT FREE / £5000 savings
    **Nov 18 started house fund - £760 / £32k**
    • chocolatelover93
    • By chocolatelover93 18th May 19, 9:19 AM
    • 969 Posts
    • 6,602 Thanks
    chocolatelover93
    mumof3 - congrats on the new job and house

    I feel quite positive money wise at the moment. Manged to rein myself in when in town the other day and put so much back that I would usually just buy because I liked it not needed it. Saved £5 last night by dropping a course for dads b/day meal and probably another £10 by ordering tap water instead of coke for drinks.

    I finally feel like I am learning the value of money!

    Went shopping on Thursday and stuck to my list 100% the only things I bought that wern't on the list were some YS meats but used vouchers to pay for them and ended up with enough for another 6 meals basically for free! So I am pleased with that

    C xx
    Read my diaryHere
    • mumof3.12kindebt
    • By mumof3.12kindebt 18th May 19, 6:59 PM
    • 539 Posts
    • 1,421 Thanks
    mumof3.12kindebt
    Evening all, we have had a steadily busy but relaxing day. Started the morning watching a film with the kids. Then I visited my nana and went food shopping. Kids grandma popped over (my ex mil) we then did some baking after she left, made some shortbread the best we have ever made so far. Made dinner , put some laundry on I've washed up more times than I can count. Kids played in the garden I enjoyed watching them all play together while enjoying a cup of tea. My grandma visited we ate dinner. All the kids have been bathed and the two youngest are in bed. Eldest has been reading and I'm going to watch a film once he's n bed. Only spends today was the food shop. Also spoke to my dad on the phone and spoke to my brother over text.

    Today I'm grateful for
    1. Seeing my grandmothers
    2. Having the day off and spending time with my kids
    3. Being able to pay for the food shopping

    Have a good evening all
    June 2017 £16000 debt / no savings
    Nov 2017 £13000 debt / no savings
    Sept 2018 Loan paid off
    Oct 2018 £2400 debt / £2000 savings
    Nov 2018 DEBT FREE / £5000 savings
    **Nov 18 started house fund - £760 / £32k**
    • tighteningthebelt
    • By tighteningthebelt 18th May 19, 7:05 PM
    • 233 Posts
    • 2,451 Thanks
    tighteningthebelt
    mumof3 - congrats on the new job and house

    I feel quite positive money wise at the moment. Manged to rein myself in when in town the other day and put so much back that I would usually just buy because I liked it not needed it. Saved £5 last night by dropping a course for dads b/day meal and probably another £10 by ordering tap water instead of coke for drinks.

    I finally feel like I am learning the value of money!

    Went shopping on Thursday and stuck to my list 100% the only things I bought that wern't on the list were some YS meats but used vouchers to pay for them and ended up with enough for another 6 meals basically for free! So I am pleased with that

    C xx
    Originally posted by chocolatelover93
    bet you're feeling really smug! getting on top of things does have it's own rewards for sure.
    "Victory is won not in miles but in inches. Win a little now, hold your ground, and later, win a little more" Louis L'Amour
    GC (annual budget) £1195.87 left of £1800
    • Tahlullah
    • By Tahlullah 19th May 19, 8:51 AM
    • 960 Posts
    • 5,082 Thanks
    Tahlullah
    Fabulous! We do forget to count our blessings and yours was a wonderful day filled with love. Long may it continue.
    Still striving to be mortgage free before I get to a point I can't enjoy it.

    15 February 2019 - Mortgage debt - £78,400
    23 April 2019 - Mortgage debt - £85,000
    • Thifty Mum
    • By Thifty Mum 19th May 19, 11:15 AM
    • 1 Posts
    • 5 Thanks
    Thifty Mum
    I loved your post. You can't buy these things. We often make some food at home, walk to the park and just watch the kids. It is priceless.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

2,782Posts Today

7,086Users online

Martin's Twitter