Skip to main content

Daily Writing Journal:Fridays Mo Money 52 Challenge & personal finance Week 14. Nearly didn't make it but got £14!

I've been getting disillusioned and bored with this challenge. I wish I could say how simple it was and inspire others but I think (note my personal opinion) a waste of time. Rather than pulling off a saving plan off a random blog like I did, I suggest get some advice from a published personal finance book from a reputable writer - buy or borrow from a library or get advice from a reputable personal finance website better still go the bank or credit union. NOT A BLOG.  This is crazy and unsustainable! It really it. Anyway Rant over!

Moving on,  I managed to find some money otherwise I consider putted an IOU to myself. I got five twenty pence pieces giving a pound, five ten pence pieces giving fifty pence. Then three fifty pence pieces and a pound coin....all in all giving me four quid. Yes, quid is short form for pound sterling.

Here is the money jar. I'm not sure when I'm going to the bank. My next deposit is going to be £15. I guess it gets harder after £20. However before that I still have to save a lot. I was going to show the plan and calculation of how this was still....Like for the five weeks until week 19, I'm going to save £50 in ten pound, £25 in five pound and   £10 in increments. So that will be about £85! Come on now.

Let me break this down

  • 15 = 10 + 5
  • 16= 10 + 5 + 1
  • 17= 10 + 5  + 2
  • 18 = 10 + 5  + 3
  • 19 = 10 + 5  + 4

So this is how I got it. Sneakly right? Adding all the 10s gives 50, adding the 5s give 25, adding all the single digits 1 to 4 give 10 the total is £85 over five weeks. Understand? There is a reason my most never complete the challenge. Imagine when it gets up the 20s, 30s, 40s...Who has the kind of cash? What I am? Working on the street corner?

So basically, I'm expected to save £85 in the next five weeks. At first when I jumped in it sounded like pocket change challenge but no it isn't. I guess I could look at it seriously from my pay-packet but this was supposed to be fun! I could do a four week saving schedule and plan ahead - it may mean giving up things. I have been doing some of that.

We'll see. So I guess it's possible but you need to plan...I'll give an alternative plan of how you can see it and plan for challenges along the way rather than just thinking week by week.


Popular posts from this blog

The Character Therapist: T3 - Emotional Brain v. Rational Brain

The Character Therapist: T3 - Emotional Brain v. Rational Brain : People do things out of character all the time. Donald Maass says that we should strive to create scenes in which our characters think, talk... -----------------------------------------------------------  Check out Bigga Day's books on Apple iBooks Barnes and Nobles Kobo

Daily Writing Journal: Mo Money Challenge - week 8 which means £8 in the tin!

£8 in coins So I'm on my second week on saving and still not sure. I'm not feeling the pinch per se, but it's hard thinking how am I going to maintain this. So I managed to get a few coins out and gather some change, but at some point I'll really need to organise this. I've put in four fifty pence pieces with come up to two pounds sterling and the rest in pound coins.  Remember the money tin from last week. Well it all went inside that.... How am I feeling? Slightly bored but I still have a long way to go..... Saving money is boring, spending is more interesting.

Weekly update. Verdict on Check It movie, lack of black male role models and normal boring stuff. Oh and I'm still fat.

Hello everyone! So new focus. Yes, I never know what to write about. Never know what’s interesting so I’m just going to write for myself…if that makes sense. There are slew of blogs trying to change the world, radicalise the world, and revolutionise the world so I’m not doing that here. Not am I going to think - oh will people find this interesting or boring. To be frank, I’m a pretty boring person but hey ho let me write.  I’m thinking of changing my gym. Well right now I’m a member of Virgin Active Health Club which styles itself as a life style gym, and to be honest the only thing I use is the hot tub, sauna and steam room. In the three years I’ve been a member, I’ve only been in the gym about ten times, gone for two classes - they are always fully book so I only really just use the hydro-pool/spa, and steam room. I’m a member of the Islington Angel branch which is were all the posh liberals are.  This is a picture of the spa, and pool. The pool can be a bit chill at times.