I actually started my $20 challenge about 2 weeks ago, but I haven't had a chance to make any entries in the journal until now. I'm so excited about this challenge because I'm always looking for new and creative ways to save money.
From what I've read on the other blogs, it seems like everyone is kind of doing his or her own 'take' on the challenge. I hope this is the case, but that's exactly what I'm doing!! LOL
Basically, this is my plan:
I want to save and/or generate at least $20 each week by doing something that I would not ordinarily do.
How am I going to do this?
1. Coupons/Rebates. Now, since I've been using coupons for awhile now, I knew I had to change it up a little. This is what I came up with. Before the challenge, I saved money by using coupons, but I never set aside any of the money, so it basically got spent somewhere else. Now, I've started looking at my receipt and actually transferring the amount that I saved into my Challenge savings account (I opened a new account so that I know this money is separate). I'm using the same concept with various rebates that I get. Instead of going into the checking account, they go into the Challenge savings.
2. Selling books on ebookdrop.com and half.com.
3. Walking/Water Challenges. I pay myself $1 if I walk for at least 30 minutes and $1 if I drink all my water that I need to drink for the day. Hopefully, this will motivate me to do these things, since I need to be doing them anyway. Oh, this money gets transferred to Challenge savings too.
I'm still trying to think of other ways, so please feel free to send suggestions.
Just getting started....
May 16th, 2006 at 08:19 pm
May 16th, 2006 at 09:41 pm 1147815709
As for the rest of your challenge, good luck! Everyone here who participates has lots of great ideas.
May 16th, 2006 at 09:43 pm 1147815837
May 16th, 2006 at 10:37 pm 1147819020
May 17th, 2006 at 04:54 am 1147841663
May 17th, 2006 at 03:55 pm 1147881314
May 17th, 2006 at 04:29 pm 1147883394