Keep The Change – 52 Week Money Savings Challenge
It’s week 10 of our 52 Week Money Savings Challenge! We’ve made it 2.5 months so far and this weeks’ deposit of $10 should put everyone at $55, which is more than halfway to our first $100 saved. How is it going so far? Have you been able to use some of the ideas so far to either help you make those weekly deposits or even add to them? This week we’re going to add Keep the Change to our list of ideas to help save money.
Have you ever handed a person a $5, $10 or $20 when paying and tell them to keep the change? Sometimes it might be just be pennies difference, other times it might be a couple dollars or more. The point being, it might not be much at one time, but every little bit adds up. Take that concept and apply it to yourself. When you’re out shopping or paying expense bills, pay what you owe with cash and save the change to add to your money jar or other container. If you pay with your debit card, round the difference in your head between your what you owe and the next dollar and pay it to your money jar. If you’re able to do that for the rest of the year, the amount in your money jar has the potential to drastically grow.
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I’m so glad to have you on this journey with me. I’m looking forward to each week and I hope these posts and the emails are not only helpful to you, but encouraging as well.
- If you are new and just now joining, subscribe to the weekly email and download your own copy of the 52 Week Money Savings Challenge printable. All current subscribers are entered into an Amazon drawing held at the end of the month.
- If you want to catch up on the reading of each week, go to our 52 Week Money Savings Challenge page and check out each week listed, as you’re able. Don’t worry about catching up on savings amounts unless you’re able to, just start with the current week and add extra if/as you’re able.
- Want to open an online bank account to help keep things separated? I personally use Capital One 360 and have for years. It takes a few days for transfers to complete if you’re using a local bank
Before we wrap up this week, I want to hear from you! 1) What are you most excited about in participating in this challenge? 2) What are your concerns or frustrations about setting money aside?
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