I was recently asked if I wanted to take part in a special challenge/competition being run by the MoneySupermarket.com. Entitled the Money Supermarket Room for Improvement competition, the challenge was simple. Could you revamp a room in your house with a budget of just £50? What room would you choose, and what would you spend the money on? I was really excited to take part in this competition, but must stress that a good many rooms in my house need sprucing up at present, due to some home improvements that have left new plaster that requires painting, and also due to a four-year-old who went through the usual toddler wrecking…