The £100 challenge for October

Every now and then I like to make life more interesting by setting myself a budget challenge.

hand holding bank-notes totalling one hundred pounds.

I’ve done these before, so I know that it’s possible, but also that it’s surprisingly hard. Lucky me that I have some choice though, I do realise that. Now that I work part time at my main job, my basic salary only barely covers my bills, and the extra work I get offered is what pays for food and fun, but I’ve been fortunate enough so far to keep getting that work.

The £100 challenge for the month of October means that I set a limit of that amount of spending money. This includes:

Food
Drink
Socialising/events
Travel
Clothing
Household goods such as cleaning supplies

It does not include bills which come out via direct debit, e.g. phone and internet, heating and property-related expenses.

At the moment I am supposedly trying to lose weight for a 20lb challenge (everything is easier if you make it into a challenge!), which I totally slacked off of while Vegan MoFo was on, so that’s good in a way, should mean I spend less on food, although salad stuff can be expensive… and I now have a ton of food in the freezer, all those onions, and my boyfriend’s parents sent me a carrier bag full of apples from their tree. Really, I could probably get by not spending much on food at all, but I really like trying new things and buying bargains, so it’s a huge temptation for me.

Tomorrow I’m going to do a cupboard inventory. I’ll be keeping track of my daily spends on here and hopefully posting some frugal and/or low-calorie recipes.

Some friends I mentioned this to are interested in joining. If you are too, please leave me a comment. Misery loves company! 😉

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7 Comments on “The £100 challenge for October”

  1. Laura says:

    The challenge sounds good. I’m in a similar situation to you with regards to work. I’ve been making extra money due to covering holidays and stuff, but I have a feeling this month my hours will be cut. My only luxuries really are food. I worked out I spent about £400 on food last month! Crazy! £100 is do able I reckon.

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  2. […] following dropscone’s £100 challenge for October. Which means running down the fridge and freezer and planning and […]

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  3. Wow good luck with the 100GBP challenge! (My keyboard needs a pound sign!!) I’m sure you will come up with some great budget recipes.

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  4. […] I have been spending like craaaazy lately, and this must stop. To become more aware of my spending and save a bit of cashish, I have decided to participate in a $160/month spending challenge for the month of October. I can’t take credit for the idea. One of my Facebook friends is doing this and I thought it was a great idea! Find her blog HERE. […]

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  5. Rachel says:

    Good luck with your challenge and great idea. I have thought about doing something similar so many times. Looking forward to seeing how you go.

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  6. FittyUpdike says:

    I should totally do this!

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  7. TRISTA says:

    I like challenges like this too; they bring out creativity and invention. I bet you’ll discover a meal or ingredient combination you would not have thought of without the limitation. I look forward to reading how it goes!

    Like


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