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Try the £5 a day Challenge — 8 Comments

  1. I budget £10 a day (which includes my tobacco) throughout the month. Normally end the month spending £5.50 to £6.00 a day on average.

      • My budget spreadsheet currently runs to the end of 2017!

        Increases in Pension income over time are assumed at 1.5%, while increases in the cost of Utilities etc are assumed at 10% per annum. Anything greater than 1.5% or less than 10% would be a bonus for the year.

        The current pump price of diesel is also helping my budget for this year.

        I no longer use credit cards, and I save £100 a month with my local Credit Union. That is my “emergency fund” for any unexpected expense. It also helps others in my community to get low cost loans! I wish more people would sign up with their local Credit Union and put a little away regularly.

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