Week 27 – Take a Monthly Challenge: Savings $200
Now that you are half way through your year of savings, it’s time to set a challenging goal. Look again at your finances and the money you are spending and decide on a challenge that will be difficult and commit to it for one month. You can use any of the techniques used earlier in this book (carpooling, cash only, eating at home, etc) or set a new goal.
My goal was to go an entire month without spending any money on clothes for my children. This may not seem like much of a goal, but to me it was a challenge. Only you will know what goal to set and how challenging it will be. Hopefully you will make it a goal that is rewarding to your financial well-being and a step in the right direction in terms of changing habits. Because even though I could see it in the numbers, it wasn’t until I took this challenge that I realized just how much I constantly look at clothes or pick up one or two items on a whim. It was almost an unconscious habit that had developed and worsened as time went on.
The results of this monthly challenge were very rewarding. I now think twice before going on-line after the temping “ONE TIME SALE” email or stopping by the children’s department when on my weekly grocery shopping trip. It was eye opening for me and really changed a habit. When I reviewed my spending at the end of the year, I spent 29% less on clothes for my children in the last six months of the year. This was quite an improvement and one I plan to improve upon in the future.
All data found on this website is Copyrighted by MOMTHATSAVES. Unauthorized reproduction is prohibited.
Now that you are half way through your year of savings, it’s time to set a challenging goal. Look again at your finances and the money you are spending and decide on a challenge that will be difficult and commit to it for one month. You can use any of the techniques used earlier in this book (carpooling, cash only, eating at home, etc) or set a new goal.
My goal was to go an entire month without spending any money on clothes for my children. This may not seem like much of a goal, but to me it was a challenge. Only you will know what goal to set and how challenging it will be. Hopefully you will make it a goal that is rewarding to your financial well-being and a step in the right direction in terms of changing habits. Because even though I could see it in the numbers, it wasn’t until I took this challenge that I realized just how much I constantly look at clothes or pick up one or two items on a whim. It was almost an unconscious habit that had developed and worsened as time went on.
The results of this monthly challenge were very rewarding. I now think twice before going on-line after the temping “ONE TIME SALE” email or stopping by the children’s department when on my weekly grocery shopping trip. It was eye opening for me and really changed a habit. When I reviewed my spending at the end of the year, I spent 29% less on clothes for my children in the last six months of the year. This was quite an improvement and one I plan to improve upon in the future.
All data found on this website is Copyrighted by MOMTHATSAVES. Unauthorized reproduction is prohibited.