All this doom and gloom about the recession is sooo depressing.
Some of my friends are doing the 'Eclipse Challenge' to try and save money. It is a campaign specifically aimed at mums. My friends seem to be getting good results with it so I thought I would share it with you.
It's designed to help save for life's little luxuries (what’s life without them?) by using the monthly budget more frugally. ‘The Eclipse Challenge’, so named because it by Eclipse Card, asks people to look at how much they spend on the essentials in any given month. These include utilities like water and electricity, food, clothes, healthcare and bills. Once these are added, the challenge is to research each bill, budget or tariff _ until you can save a total of 25%. Apparently it is definitely do-able with a few hours spent making calls or going _ as retailers and suppliers are more desperate for your consumer pound.
You then put 10% into the family savings or bonds – so ensuring there’s an ever increasing pot should your personal circumstances change. And after that, you have 15% remaining – which you put on your Eclipse Prepaid MasterCard. This is then your ‘fun & frolics’ account. You add the money through clever budgeting then spend it to add a bit of sun to an otherwise bleak financial climate.
Eclipse Card are evening launching The Eclipse Lounge whereby canny savers can look for deals through approved third parties, making it easier to reach the goal of 25% savings within the target 3 months.
Save save save....and then spend spend spend
