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Joining the $20 Challenge

May 4th, 2009 at 05:26 am

Having been inspired by Ima Saver (among others), I am going to jump in to the $20 challenge.

I like how Ima saves $1 every time the Braves win. Well, I am not a Braves fan, but I am a loyal Detroit Tigers fan, so I will be saving $1 every time the Tigers win. Since the Tigers have won 13 games so far this year, I will be starting my challenge with $13. So I guess I can call it the $13 challenge Smile

I will also be adding $1 every time I bring my lunch to work and $1 every time we do not eat out or order takeout for dinner. Hopefully this challenge will also help me with my goals of spending less eating out!

I will be adding my challenge money to my BoA Keep the Change account, where I already round up all of my purchases to the nearest dollar. I am hoping with this extra money, this account will grow much faster! Each time it reaches $100, I will transfer the money to ING. I wonder how much I can save this way?

So, here I go!

Starting Balance: $13

2 Responses to “Joining the $20 Challenge”

  1. Ima saver Says:

    Good luck!!

  2. Aleta Says:

    Good luck with your challenge. One idea that I received from someone else here was to pay yourself for chores or activities that you don't necessarily like. An example could be ironing. If you don't like ironing, you could pay yourself per item rather than taking it to the dry cleaners which would definitely save you money. You can also pay yourself to exercize or to garden.

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