#51 Daily Writing Journal: Mo Money Challenge

#51 Daily Writing Journal: Mo Money Challenge - The 52-week money challenge

I found this challenge on the Budgetnista web site and it sounded interesting. At first I came up with a whole load of excuses not to do it ranging from not having a account, not sure how to do this, time etc etc. Then I found a simpler challenge but a challenge is a challenge so I went back to this.

The 52-week money challenge

Every week I save the week number's cash. Now I'm starting at week 7 so I'm am going to be £21 behind. Note I'm working in GBP or Pound Sterling. I may or not may it up weeks 1 to 21.

Budgetnista recommends opening up a savings accounts and automating the transfers, and I do too. However for the purposes of blogging about it, because it's a challenge, I'll be using a tin and once in while I shall make a trip to the bank to make the deposit.

My Savings

Today I saved £7, which meant I've committed this money to the tin. It was all in coins, now going forward there may be a problem with this as the ATM only gives notes - normally in £10 & £20 denominations. My time for catching the banks will be on Saturday - unless I put in coins and swap for coins. Oh, it's so confusing in a way. I guess it's tidier to go with automated transfer for 52 weeks - well less since I started in week seven but there is the drama in that.

So these are my coins ready to be put in the tin.

This is my tin. I found this tin rummaging through my kitchen. I didn't want to use it but decided it was part of the commitment to this blog. I might consider decorating it at some point. Or I might get a glass tin. It just depends. That is easier to show.

Money in the tin so I guess it until next week.

Rules

NO DIPPING INTO THE TIN, NOT EVEN FOR CHANGE
TAKING A PICTURE OF THE TIN EACH TIME (OR JAR IF I GET ONE)
SHOWING RECEIPT OF BANKING EVERY TIME I DO ONE.

Comments

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