Every penny counts…

I decided last night that I was going to be taking part in the “Money Savings Challenge” this year.  It sounds relatively easy enough, and from my calculations, I could very easily put away just over £1,300 by the end of the year.

I have made myself a spreadsheet to work by, using Microsoft Excel.  There are several columns, one of which is the date, where I have made a list of the date of every Wednesday throughout 2015 (see picture a little further down).

The name of the game is that you put away £1 in the first week of the year, £2 in the second week, £3 in the third, etc., so you eventually put £52 in the “pot”.

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(Click to make the image larger)

The way I have thought about it, even if I can’t make it right the way through the year, by the time “Donut” appears (due 13 June 2015), I will have saved £300.  That’s already a lot of money.

If I can last right the way through to making a final payment on 23 December 2015, I will have saved £1,378.  Wow!

I did originally think about buying a money box – one of those that you cannot get in to without “breaking” it open (with a tin opener), but I thought that was too easy.  Instead, I have renamed two of my online savings accounts in my bank – One is now entitled “Savings Challenge 2015” and the other is for “Holiday Savings 2015”.  (I’m just going to be throwing whatever I can afford at the time in to the holiday account…)  The only problem I have there is that both of these accounts are easily accessible to me via my online banking, so this will still take some self control.

Here’s to having a bit of “pocket change” to play about with in the next several months 🙂

So how about it?  Will you take on the savings challenge too?

It’s going to be a Frugal year!

Happy New Year!!  May all your wishes for 2015 come true this year 🙂

I don’t usually make resolutions for the New Year.  I’ve made them in the past, and the longest I have ever kept them were for about two weeks…

Anyway, for 2015, I have decided that I am going to try and actually make use of our recycle bins (we have two – just chuck anything that can be recycled in them…  We don’t have to sort and sift), and that I am going to try to reuse / repurpose items that are otherwise just going to be chucked in the bin.

For example, I have just sorted out the Christmas cards that we received for Christmas 2014 (I can no longer say this year!  Ha ha), and I thought, seen as I will need to buy more tags for Christmas presents later in the year, I will make use of the Christmas cards.

With the smaller cards, I cut off just the front…

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These will be perfect for any larger gifts that I buy.

The larger cards were easy to sort out.  The fronts of the cards were simply too big, but some of the pictures were just so adorable, so I cut them right down.

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Don’t you just love the circular cut out with the robin?

There was one particular card that was large, and it had two pictures on the front.  The first was a tag in itself, and the second was a large robin.  To cut the both out in to one tag would only be suitable for a (super) large present, so I made two out of one.

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The other cards were all larger in size, and the pictures were just too big.  There was no way I would be able to break them down.

I used just a straight pair of scissors to cut these cards up, but if you’re more creative, you can use zigzag, or wavy scissors…  Whatever you have in your drawers 🙂

With the above count, I managed to create 14 tags.  That’s probably about £1 that I have saved.  I am going to ask my parents if I can have their cards too.

Granted, a £1 is not a lot, but in the long run, every penny counts!