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$20 Challenge

July 25th, 2006 at 02:16 am

Thanks everyone for the great tips and comments that will help us kick our savings into gear. I've been reading about the $20 challenge and I am going to start this tomorrow. I unexpectedly sold something on craigslist for $20 and will get the $ tomorrow. Funny how it's the exact amount that I needed!

I just have to now come up with a good chart to "pay" myself for doing the right things. I think that I'll start with this and add to it as I think of more:

Staying Home instead of eating out - $10
Buying only what's on my list - $5
Staying home for the day - $2
Packing our lunch - $2

Can't wait to see how quickly this adds up. Any tips from those already doing this?

Posted in Uncategorized | 3 Comments »

3 Responses to “$20 Challenge”

  1. scottish girl Says:
    July 25th, 2006 at 01:49 pm 1153835348
    1153835348

    You'll notice how much it adds up when you add to it daily, or weekly. Those are all good ideas. Good luck!

  2. ima saver Says:
    July 25th, 2006 at 01:53 pm 1153835598
    1153835598

    I add it to my challenge daily, and I pay myself in real cash, which I keep in a cash box. I put it in my savings account about once a month, to earn interest. I save all the money i save using coupons or buying things on sale, in my cash box also.

  3. Heather P. Says:
    July 28th, 2006 at 01:13 pm 1154092401
    1154092401

    That's great girl! I like that idea too of putting the money into cash. Or you could use a glass jar so you could see it. I wish you much success in your jouney! Hugs!

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