I think I’m going to start giving out missions to y’all and see what comes of it. I bet if we spend 30 seconds really thinking about how to accomplish them, we could do a lot of good for our wallet! And something I come up with will almost ALWAYS be different than what you find – so we all learn from each other :) Nerdy fun, right?
Today’s mission is simple: Save $5.00 by the end of the day, and then let us know how you did it!
It can be as creative, or as boring, as you like – so long as you DO IT. Accept my challenge, and consciously find a way to save Mr. Abraham Lincoln today! I’ll do the same, and then we’ll recap what we’ve come up with later. I need some ideas, so start sharing!!! :)
-J to the Money
And PS: Copying others ideas is smart – not cheating. If it saves you $5.00, do it!
UPDATE: Some of the ideas being passed around:
- Making your own lunch/dinner at home
- NOT going to Starbucks! (always a popular one)
- Sell something at home (Love it!)
- Using coupons
- Calling in refund requests! (Clever!)
- Not drinking nightly beer (booooooo)
- Taking out all $1 bills and coins at the end of each day! (VERY smart. Commenter Chris has already saved $40 this week doing this!)
I was able to save $10 by being taken out to lunch today (Thanks Kiplinger!), but then I failed miserably and bought an HD camcorder for $200… but it was a business expense for Love Drop so it doesn’t count, right? RIGHT?!!
PS: Some of my favorite tools:
|Personal Capital (FREE) -- If you’re looking for a robust financial tracker, Personal Capital is the way to go! They’re like Mint, but on steroids and have much better tools for investment and net worth tracking. // Full review|
|Digit (FREE) -- A super easy (and automated) way to save. Every day Digit analyzes your income and expenses and will push money aside for you any time it sees extra sitting there. I've saved over $4,000 myself using them so far! // Full review|
|Acorns -- Having trouble finding money to invest? Check out Acorns – they round up all your transactions to the nearest $1.00 and drops the difference into an investment portfolio for you. Easy way to start investing! // Full review|