29 Nov 2017

A question about : The 5k challenge!!!

I am Gothrockchic (aka GRC). I have moved over from the Debt Free diary board. I have been Debt Free for a month now. I moved to Edinburgh three months ago to find a Rock Band, so far so good and I have found a guitarist and hope to soon find a drummer and another guitarist.

So the goal is to save Ј5000 title=EEK! Ј2000 will be spent on equipment we need good instruments, pedals and wires etc. Ј3000 will be spent on recording. I figured that it would be best to start saving whilst time is on our side. If it doesn't work out then I can spend the money on a personal project.

So the Ј5k challenge begins, I have Ј477 to start off with which is leftover savings after paying off all debts and using them for a deposit on a flat. I also have Ј82 in Amazon vouchers which we can buy equipment from Amazon too title=Thanks,

So the main way is by my wages and any vouchers or extras I get.

Welcome to the challenge, anyone is welcome to join

Best answers:

  • I thought I should share my previous threads I warn you they make boring reading and some of them don't have any direction, in fact one became a spending diary in the end.
    https://forums.moneysavingexpert.com/....php?t=2809142
    https://forums.moneysavingexpert.com/....php?t=4007933
    https://forums.moneysavingexpert.com/....php?t=3681609
  • Evening GRC, made my way over from Em's thread. Is there a time limit or is this thread on going? I need to save approx half that but would love to join a thread for support. Problem being I have no disposable income after paying bills, hence it may take me a while!
  • Hey GRC
    Just popping over to say hello and subscribe. I'm glad you're starting a new thread. Good luck with your savings. Hopefully one day I will be debt free and saving for something too
    Emz xx
  • I will give you a race...im looking to achieve Ј10k by xmas. Started Friday just past and have around Ј1600...good luck, you can definitly do this is no time!
  • Decided to start the make Ј5 a day thread, not sure if I will get Ј10 a day. But I am doing a practise run, so far I have received two Ј5 Amazon vouchers so I am doing well
  • Just got an email from Quidco saying I'm getting Ј1.05 from all my check ins done this week!
  • Will let you know, have my own thread over on savings board....should be at Ј3,000 come payday Friday!
  • https://forums.moneysavingexpert.com/...739&highlight=
    Started 13/08/2012. At Ј2k as we speak. In 2 hours will be over Ј3k
  • Had a productive day yesterday, went into the bank yesterday to change my ISA I was earning 0.2% interest and am now earning 2.75%
    The best ISA rate is 3% variable so I am happy with that and not having to transfer my ISA is easier
    On another note I am watching a movie a day for a month so am looking forward to my Lovefilm list goes down so I can eventually cancel it and OH can get a free trial
  • Another productive day, put a few items on Ebay. There was a day when I hated listing stuff on Ebay but today I am addicted to it
    So three items have gone on and one book I have put on Amazon for its Trade In scheme. I hope to get another one on tonight, so hopefully another Ј5 in the Xmas fund.
    Out tonight we have a Firework display to celebrate the end of the Fringe, normally you would pay Ј12 each to enter the park but we have a date with either a pub on the streets to watch it
  • I will try this one and we will see!
  • A very successful day shopping wise. My clothing budget is Ј30 and I took a tour of the charity shops for clothes for work. I got 3 skirts all for under Ј10
    I am amazed how great value the skirts are, but I also needed trousers so that will my next weekend sorted. I also need new shoes but I have a M&S gift card for that.
    Happy GRC
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