Let’s Save Some Money

Today is the day for our Budget Challenge!!!

When I first met Janna in person, in early May, I was amazed at her take on money. We must have spent a good hour talking about my lack of budget skills and her AWESOME budget skills. She revealed that a Challenge is what really got her into budgeting … she went a whole YEAR without buying clothing!

With a new house, a new businesses, and lots of furniture and equipment to buy I think this is a good time to get this thing going. So I coxed Janna into doing another challenge but this time with a twist.

 

 

For the next 30 days you will give up a vice (or vices) that are not necessities, and then add up what you save and place it towards something big.

For example, I’ll be cutting out buying clothing, shoes and accessories as well as Starbucks, Eating Out at Fast Food places, as well as buying things for the house. My goal is to ONLY spend money on buying groceries and filling up my tank (which I don’t need to do often as I work from home).

My hope is that the money I end up saving (or as my hubs put it NOT spending) will go towards paying off our smallest credit card. From my calculations it should end up actually paying it off.

So are you up for it????

You’ve got till next Friday to figure out what you’d like to save on, and what you’d like to apply it to.

If so, we’ll be linking up weekly. Get a list of the things you wanted to buy and what they cost together. Every Friday we’ll link up and see how much is in our virtual piggy banks!!!

Ready?! Set! GOO!!!!!