Monday, 13 January 2014

My £2 challenge!

Now we are almost a month into 2014, most people will have had their credit card statements, seen their bank account and are thinking about next Christmas as well as other activities and events in between and there is one thing all of these things have in common - Money!

As I have spent hours reading and commenting on other blogs, scrolling up and down both Facebook and Twitter and I came across one which lit a light bulb inside my head.  Many of us have attempted spending bans, many of us are currently doing them as well as looking for other ways to save some money and this blog mentioned saving money, nothing over the top, something we can all manage and that is saving just £2 per day.

This is my money box, Freddie the Frog and I have had him since my University days when I used to put all kinds of coinage into him and whilst he is looking a little older and a little bit battered, he is the perfect size for this challenge.




We all have loose change in our handbags, pockets and purses and I don't know about you, but I do find it rather annoying and heavy and am always wondering what to do with it.  So what I am going to now do is keep all of that change at the end of each day and try to ensure there is a minimum of £2 and then I put it into the frog.  Naturally I would prefer to have £1 and £2 coins but as long as it adds up to £2 that will do and if I have a little bit more change that will also go into the frog.  Then by the end of the year I should have no less than £730 which I can either use beforehand when buying Christmas Presents or leave it until the New Year and have a good old spend in the sales.

It is now 13th January and I already have £30 in my frog, £30 I would have probably just used on things I didn't need!  Putting that into perspective, it is almost a Naked3 Palette!

Is anyone else doing anything like this or have you tried it in the past? 

37 comments:

  1. What a fab idea - am so going to be starting this. Thanks for this amazing tip. Popping over from UK Bloggers

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  2. Fab idea, I'm the worst at spending the odd change in my purse!

    Stephanie (@hopefreedomlove)
    http://missstephanieusher.blogspot.co.uk/
    http://www.bloglovin.com/blog/3436251/hope-freedom-love
    xxxx

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    1. Me too, so I am interested to see how much it all adds up to x

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  3. This is such a good idea and a good way to use up loose change xxx
    The perks of being a hipster

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    1. Better in my pocket than Starbucks or Costa right? x

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  4. Brilliant idea! I spent all my loose change today on a Starbucks!! may start tomorrow

    Carrieanne x
    http://beautiesunlocked.blogspot.co.uk/

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  5. I love this idea! I do something similar I've got one of those money sorting machines so I empty my purse into that every day and bag it all up. I've currently got £73 bagged up from last year and I only started in December! So it definitely works.

    http://alices-wonderland93.blogspot.co.uk/

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    1. I have always collected my change and saved it but it doesn't add up to that much, this way I should have more x

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  6. What a great idea! Good luck with the saving!!
    I save all my loose change and then get it changed into notes in December....Pays for some of the Christmas food shop x

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  7. omg this is such a good idea! im going away in a few months and being a student i need all the help i can get! thanks lovely xx

    i followed you from the dolly dowsie bloghop! would you check my blog out to and maybe follow? http://www.traceysbeauty.blogspot.co.uk/

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    1. Welcome, if you do it let me know how you get on x

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  8. Great idea - it's surprising how quickly it adds up! x

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    1. I know crazy when I counted it last night for this post x

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  9. fab idea, i put 30 a week away in the bank but this sounds more rewarding going to start a change saver aswell x

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  10. right, I'm doing this! I need to save money and £2 a day doesn't seem like a lot so I should be able to do this one :)

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  11. I was gonna try something like this, but I always use my card and am really bad for having cash. I do put a bit away in the bank each month but this is better because it goes 'unnoticed' more.

    :) well done xx

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  12. Its like my pig idea :p

    Loving the frog haha

    mrshippoandme.co.uk

    xx

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  13. I do this too! Although I only stick £1.00 into my jar, but like you say it all adds up. Great post lovely! :)

    Stacey x

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  14. I've got a terramundi money pot which I put £2 coins into - not every day but whenever I come across one in my change x

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  15. great idea! Good luck with the saving efforts! :P
    Ellie,xx
    Elephant stories and more

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  16. This is a fab idea. I'm not sure I'd have the willpower not to 'pinch' from it if I did this though haha

    Louise x

    Confessions of a Secret Shopper

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  17. I do this a lot! I have a little fabric cupcake basket and i put all my coins into it at the end of the day. The money really does add up and it is a great idea. :)
    xo
    www.plushluxexo.blogspot.com

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  18. I have been doing this too! I store all my extra change in my mason jar. Its crazy how much spare change can add up! I usually keep $1 in change in my wallet if I ever need to use that extra cents while I'm out.

    Des Simple Charm Beauty

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  19. What a great idea!! After this Christmas I won't be spending for a while... I should start something like this! Though all my money is currently going into my savings account which is healing itself slowly haha. You must keep us updated :D good luck to you!! Happy New Year!!!!!

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  20. Last year I started this and I managed to save €1400 in a year :D I used to pop in €1 and €2 coins :)
    Lorraine
    xx

    www.lolalovessparkles.blogspot.com

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  21. Sounds like a great idea. With the change you get here and there £2 per day would not be missed, but as you say not even halfway through the month and it's nearly enough for the naked 3 palette - drool!

    Love Vicky
    http://aroundandupsidedown.co.uk/

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  22. great plan! I've been doing the same, but just with a mason jar! xx

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  23. This is a great idea. I don't tend to use that much cash so don't think I could actually do it! x

    Leanne - A Slice of My Life

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  24. This is a great idea! I have just rummaged in my bag and saved my first £2! Whoo!! :)

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